Several CEOs of Boston's top academic medical centers and health systems recorded compensation of at least $1 million in 2011, following previous trends, according to a Boston Globe report.
Compensation Issues
This week, California Gov. Jerry Brown signed into law Assembly Bill 130 — which will prohibit public hospital and healthcare districts from paying pension benefits to the CEO prior to his or her retirement.
Over the past four years, cardiologists in the cath lab have received the largest pay raises of any other medical group specialty, according to American Medical Group Association's 2013 compensation and financial survey, which analyzed 30 physician specialties.
Of the 30 physician specialties studied by the American Medical Group Association, the highest-compensated physicians in 2012 were cardiologists in the cath lab, according to the AMGA's 2013 compensation and financial survey.
Last week, Naples, Fla.-based Health Management Associates adopted a plan that would award retention bonuses and a severance option to three of its top executives, according to a filing with the Securities and Exchange Commission.
Physicians experienced a pay increase of 1.6 percent on average in 2012 — far below the average 2.8 percent raise in 2011, according to the American Medical Group Association's 2013 compensation and financial survey.
Here are eight statistics on healthcare salary budgets and incentives offered by hospitals and health systems.
The legal team at Parkland Memorial Hospital, the public hospital for Dallas County, has refused to share an executive compensation study with The Dallas Morning News, according to a report from the newspaper.
The University of California has released its employee pay data for 2012, and three of UC's five academic medical center CEOs earned at least $1 million.
Here are seven statistics on the annual mean salaries of physicians, with regard to their specialties, according to Medscape's 2013 physician compensation report.