Employed physicians tend to be paid under three main salary arrangements, according to the Medscape Employed Physicians Report 2014.
Compensation Issues
Two transactions made by Franklin, Tenn.-based IASIS Healthcare last year led the company to distribute more than $2.5 million in one-time cash bonuses to five top executives, according to a filing with the Securities and Exchange Commission.
Fewer physicians were offered signing bonuses in 2013 than in 2012, and the amount has also declined, according to physician placement data from The Medicus Firm.
As employers and providers seek to contain healthcare costs, they are increasingly placing more financial responsibility on patients in the form of high-deductible health plans, among other strategies.
Richard Bracken, chairman of Hospital Corporation of America in Nashville, Tenn., made more than $16.5 million in 2013, one year after he made a record-setting $46.4 million, according to the company's latest proxy filing with the Securities and Exchange Commission.
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Forty percent of the CFOs at the nation's 25 highest-grossing nonprofit hospitals received at least $1 million in total compensation in 2011 or 2012.
In 2011-12, the latest data available, the compensation for the CEOs and top leaders of the nation's 25 highest-grossing nonprofit hospitals totaled more than $52.7 million, or an average of $2.1 million per executive.
A Pennsylvania health system says it will lay off physicians, Cleveland Clinic offers 200 early retirement. Are physicians the next group of healthcare workers worrying about layoffs? Earlier this week, Crozer-Keystone Health System in Springfield, Pa., announced it would lay…
Fourteen chiefs of prominent hospitals and health systems in New Jersey earned at least $1 million in total compensation in 2012, according to an NJBIZ report.
Franklin, Tenn.-based Community Health Systems has approved $2.06 million in incentives to Chairman and CEO Wayne Smith for the company's 2013 performance, according to a filing with the Securities and Exchange Commission.