The integrated Geisinger Health System, based in Danville, Pa., is something of a fiscal litmus test for hospital systems, surely keeping CFO Kevin Brennan, CPA, on his toes.
Compensation Issues
As health insurers encourage more in-network participation from providers, they have ramped up their focus on ambulatory surgery centers that are out of network, according to Naya Kehayes, managing principal and CEO of Eveia Health Consulting and Management.
Health system CEOs garner top compensation in the healthcare sector, and the average total cash compensation a CEO would earn in the 50th percentile is more than $1.1 million, according to Mercer's 2012 integrated health networks compensation survey.
The board of directors for Washington Hospital Healthcare System in Fremont, Calif., has approved a new contract for CEO Nancy Farber, according to a Bay Area News Group report.
The CEOs of 35 Blue Cross and Blue Shield plans across multiple states recorded roughly $93 million in salary, bonuses and other compensation in 2011 — or an average of $2.66 million per Blues CEO, according to an AIS Health…
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Good compensation plans at hospital-owned physician practices have an adequate mix of individual- and team-oriented factors, according to an article from Integrated Healthcare Strategies.
Among the 30 physician specialties analyzed in the American Medical Group Association's 2012 medical group compensation and financial survey, ophthalmologists experienced the largest increases in pay over the past four years.
In 2010, the 25 highest-paid executives at Lancaster (Pa.) General Health received $2.1 million in cumulative bonuses and incentives, according to a Lancaster New Era/Sunday News report.
Cardiac surgeons and orthopedic surgeons continue to be among the most highly paid physicians, but hematologists and medical oncologists witnesses the largest one-year jump in compensation in 2011, according to the American Medical Group Association's 2012 medical group compensation and…
Excluding retirement payments and other deferred compensation, the top seven executives at Winston-Salem, N.C.-based Novant Health made more than $13.5 million in compensation, according to the health system's 2011 Form 990 (pdf).