University Medical Center of El Paso (Texas) President and CEO Jim Valenti, along with other hospital executives, were recently awarded bonuses, just months after layoffs occurred at the hospital, according to an El Paso Times report.
Compensation Issues
As many medical practices struggle to stay solvent, almost half of physicians report their incomes have plateaued over the last year, according to the Physicians Practice annual Physician Compensation Survey.
Executive compensation is one area under significant attention as healthcare providers implement new strategies to aid the transition from volume to value-based care, especially in the face of declining reimbursements, tightening operational margins and increased rates of leadership turnover, according…
Blue Cross and Blue Shield of Texas has launched a private exchange plan for businesses with one to 50 employees.
In 2014, 12 percent of health systems reported having no annual incentive payout for C-suite executives, up from 4.5 percent of health systems in 2004, according to a recent survey from Sullivan, Cotter and Associates.
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Only 45 percent of small and mid-sized business executives say they are ready for the implementation of the employer mandate under the Patient Protection and Affordable Care Act, according to a recent survey conducted by the Lucas Group. The employer…
CEOs at independent hospitals saw the largest average base salary increase, 6.4 percent, between 2013 and 2014, according to the 2014 Manager and Executive Compensation in Hospitals and Health Systems Survey from Sullivan, Cotter and Associates.
While some consumers have expressed enthusiasm about telemedicine and private payers and CMS have displayed increasing interest in it, just 19 percent of healthcare practitioners said they have a system in place to get paid for telemedicine services, according to…
In 2014, the average base salary for hospital and health system executives rose an average of 3.1 percent, according to recent survey results from Sullivan, Cotter and Associates.
Salaries vary significantly between different healthcare workers, but overall, healthcare practitioners and technical occupations is the fifth highest-paid occupational sector in the U.S. — with an average mean wage of $74,740 — according to 2014 data from the Bureau of…