Gross production is still a common measure of physician productivity, affecting physician compensation. In 2012, 79 percent of physicians posted an increase in gross charges.
Compensation Issues
The board of trustees at Renton, Wash.-based Valley Medical Center will vote on extending the contract of CEO Rich Roodman, according to a Seattle Times report.
Here are five findings on concierge medicine based on data released by The Concierge Medicine Research Collective, a research and data depository created by Concierge Medicine Today.
While much of the U.S. economy has stagnated, quality professionals have continued to experience salary increases. A survey performed by nonprofit ASQ characterized the state of quality professionals' salaries in 2013:
The following physician and hospital executive compensation issues occurred in the past two months, starting with the most recent.
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Here are eight statistics on physician executive compensation with regard to the type of organization they lead.
Jim Nathan, president and CEO of Lee Memorial Health System in Fort Myers, Fla., has turned down a $24,000 salary raise, the second time he has turned down a pay bump in the past three years.
Doug Bagley, retiring CEO of Riverside County Regional Medical Center in Moreno Valley, Calif., will receive more than $900,000 and a pension as part of his buyout, according to a Press-Enterprise report.
After salary and incentives are ironed out, retirement benefits become crucial to ensuring hospitals and health systems attract and retain the highest-performing executives, according to an article from Integrated Healthcare Strategies.
During a Nov. 14 session at Becker’s Hospital Review Annual CEO Strategy Roundtable in Chicago, Integrated Healthcare Strategies Executive Vice President and COO Steven Rice and Vice President Mark Ryberg discussed five steps all hospitals should follow when determining and…