Eighty-two percent of Community Health Systems' shareholders approved the fiscal year 2012 compensation plans of the hospital company's top executives, according to a disclosure with the Securities and Exchange Commission.
Compensation Issues
Eighteen various Connecticut hospital executives earned at least $1 million in total pay in fiscal year 2012, and Thomas Pipicelli, former CEO of The William W. Backus Hospital in Norwich, earned the most at $3.36 million, according to a report…
The Service Employees International Union District 1199 has asked top executives of Mercy Regional Medical Center in Lorain, Ohio, to cut their paychecks by 5 percent in light of the hospital's recent layoff announcement, according to a Chronicle-Telegram report.
Jeffrey Romoff, president and CEO of University of Pittsburgh Medical Center, made $4.3 million in base salary, bonus and other compensation in 2011 — 22 percent less than he made in the previous year, according to a report from the…
Primary care physicians were supposed to see Medicaid reimbursement levels match Medicare rates for the next two years, but since the policy's Jan. 1 start date, most physicians are still waiting to see the larger payments, according to a report…
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Christopher Olivia, formerly the CEO of Pittsburgh-based West Penn Allegheny Health System before his June 2011 resignation, was paid a $6 million severance package following his departure, according to a report by the Pittsburgh Tribune-Review.
New York's non-profit salary cap will go into effect in July, but many hospital executives with high compensation figures may be exempt, according to a New York World report.
Although primary care physicians bring in more net revenue to the average hospital, their compensation still lags behind those in several medical and surgical specialties.
In a session at the 4th Annual Becker's Hospital Review Annual Meeting, James E. Rohan, vice president and managing director at Sullivan, Cotter and Associates, shared three things to know about hospital and health system CEO and CFO compensation.
At the Becker's Hospital Review Annual Meeting in Chicago on May 10, James Slaggert, vice president for integrated health networks at Englewood, Colo.-based Catholic Health Initiatives and David A. DiLoreto, system senior vice president and CMO at Chicago-based Presence Health,…