Service Employees International Union-United Healthcare Workers West, a statewide union of the Service Employees International Union in California, has decided to withdraw a ballot measure that would limit the annual compensation of nonprofit hospital executives to $450,000, according to a Los Angeles Times…
Compensation Issues
The most lucrative medical group leadership position is a physician executive role at a large physician-owned practice in the Midwest, according to trends from a new survey from the Medical Group Management Association.
The National Labor Relations Board and Sioux Falls, S.D.-based Sanford Health reached a settlement agreement permitting physicians to share the terms of their employment contracts with one another, according to The Dickinson Press.
Physician compensation varies widely between specialty and region as well as by sex and race.
High-earning hospital CEOs deserve their pay, according to William Mooney, president and CEO of the Westchester County Association.
Advertisement
Although black and white female physicians earn similar incomes, a substantial wage gap exists between black and white male physicians, according to recent study published by The BMJ.
The current physician hiring atmosphere is competitive — so most healthcare organizations are adding incentives to contracts to sweeten the deal.
The average starting salary of family medicine physicians — the most-requested practitioners for 10 consecutive years by healthcare organizations — eclipsed $200,000 this year for the first time, according to Merritt Hawkins, an Irving, Texas-based physician search firm.
Michael Burke. Senior Vice President, Vice Dean and Corporate CFO of NYU Langone Medical Center (New York City). Mr. Burke joined NYULangoneMedicalCenter in 2008, and, since then, has overseen a financial transformation including an overhaul of existing business processes and…
Jim Budzinski. Executive Vice President and CFO of WellStar Health System (Marietta, Ga.). Mr. Budzinski has been in his current role with WellStar since July 2008. He is also president of WellStar Health Network, the system’s Medicare accountable care organization. In…