The average compensation of a physician who was CEO and/or president of a practice, hospital or health system was $410,000 in 2013 — an increase of 4 percent from data obtained in 2011.
Compensation Issues
The average salary of coders and other revenue cycle specialists is $46,847, slightly less than last year due to an influx of new hires, according to the AAPC's annual healthcare salary survey.
Curtis Bernstein, CPA, CHFP, ASA, of Altegra Health discusses how healthcare providers can successfully implement a value-based physician compensation structure.
The two top executives at Altamonte Springs, Fla.-based Adventist Health System — President and CEO Donald Jernigan, PhD, and CFO/COO Terry Shaw — received a combined $5.2 million in compensation in 2011, according to the system's latest Form 990.
Neurosurgeons have the highest hourly compensation in the country at $398 per hour, while family physicians have the lowest at $119 per hour.
The board of commissioners at 80-bed Olympic Medical Center in Port Angeles, Wash., voted unanimously to issue a 10 percent salary increase to CEO Eric Lewis, raising his total compensation to $193,600, according to a Peninsula Daily News report.
In fiscal year 2013, the last year of Nashville, Tenn.-based Vanguard Health Systems' existence, Chairman, President and CEO Charles Martin Jr. earned $4.91 million in total compensation, according to a filing with the Securities and Exchange Commission.
Here are seven statistics on physician on-call rates, according to data from the MGMA Medical Directorship and On-Call Compensation Survey: 2013 Report Based on 2012 Data.
Several executives at Nashville, Tenn.-based Vanguard Health Systems have sold more of their shares, the most recent transactions occurring this past Friday.
Earlier this month, six executives at Nashville, Tenn.-based Vanguard Health Systems sold thousands of shares of stock.