For-profit hospital operators need to ensure their compensation advisers do not have conflicts of interest within their companies, and those rules also apply to non-profit health systems, according to an article in a Governance Institute (pdf) newsletter.
Compensation Issues
A new report released by the president and CEO of the Advanced Medical Technology Association says the medical device excise tax scheduled to take effect Jan. 1, 2013, would add another 29 percent per year in taxes to the amount…
Sixty-nine percent of Americans want President Barack Obama to prioritize lowering healthcare costs during his second term, according to a post-election survey by PricewaterhouseCoopers' Health Research Institute.
Physicians' earnings have grown slower than the earnings of other care providers since 1987, according to a recent study published in the Journal of the American Medical Association.
Physicians in hospitals, medical groups and other provider organizations can expect to see a 2.6 percent increase in salaries next year, according to consulting firm Hay Group's 2012 physician compensation survey.
Advertisement
The board of directors at Oceanside, Calif.-based Tri-City Medical Center has approved a 4 percent salary raise and a one-time 20 percent bonus to CEO Larry Anderson, according to a North County Times report.
Roughly 38.2 percent of physicians said their income in 2012 is about the same compared with their income in 2011, while 10.4 percent said compensation was up by less than 5 percent, according to a survey from Physicians Practice.
An overwhelming majority of Vanguard Health Systems shareholders have approved the 2012 executive compensation packages for the Nashville, Tenn.-based company's executives, according to a recent filing with the U.S. Securities and Exchange Commission.
The Cumberland County Board of Commissioners has voted that all future discussions regarding the compensation of the CEO of Cape Fear Valley Health System in Fayetteville, N.C., occur in private quarters, according to a Fayetteville Observer report.
Salary is the most basic component of any compensation package, but what are the most common benefits outside of salary that hospitals and practices offer physicians?