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.
Compensation Issues
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,…
At the Becker's Hospital Review 4th Annual Meeting in Chicago on May 10, Jim Carr, partner at HealthCare Appraisers, detailed compensation trends for six physician specialties and explained how physician employment is affected those trends. The basis for Mr. Carr's…
Generous executive health plans may be subject to anti-discrimination fines as high as $500,000 under the Patient Protection and Affordable Care Act, according to a report by Kaiser Health News and USA Today.
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Over the past decade, salaries of registered nurses have increased by roughly $20,000, according to an analysis from the Health Resources and Services Administration's Bureau of Health Professions.
This year, George Hernandez Jr., CEO of University Health System in San Antonio, Texas, will earn $625,000 — a $150,000 raise from 2012, according to a San Antonio Express-News report.
The total average compensation for full-time neurosurgeons is roughly $829,000, and the average gross revenue per neurosurgeon is more than three times that amount.
In the first three months of fiscal year 2013, Cleveland-based MetroHealth System lost $6.5 million, but the county-owned system still doled out $738,000 in bonuses and extra compensation to several executives, according to a Cleveland Plain Dealer report.
Most healthcare organizations cut or froze salaries as a result of changes in the economy in the last five years, according to the "2013 Staff Salary Survey," released by Physicians Practice.