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Compensation Issues

Cleveland-based MetroHealth System named John Brennan, MD, as president and CEO yesterday, and Dr. Brennan’s total compensation package could be worth between $750,000 and $1.1 million, according to a Cleveland Plain Dealer report.

Cash stipends for hospital and healthcare medical directors have changed drastically over the past several years as medical directorships continue to evolve, and chief medical officer directorships usually lead to the highest stipends.

A major component of a hospital's compensation program involves retirement benefits. For hospital executives, supplemental executive retirement plans, or SERPs, are a staple of compensation programs, and the benefits within retirement plans could be make-or-break for any person or institution.

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Executive compensation is a delicate subject no matter the industry, and for hospital and health system executives, their pay has been scrutinized more in the past several years as organizations continue to feel the strain of compressed finances.

Hospital executive salaries have endured many ups and downs before, during and since the economic collapse of 2008. A recent survey from Yaffe & Company, a healthcare compensation consulting firm, pulled data from 267 hospitals and health systems. Sixty-five percent…

As hospitals engage physicians in more leadership and management models, it may behoove boards to identify specific obligations as they craft physician leadership compensation contracts, according to an article from INTEGRATED Healthcare Strategies.

With all 108 precincts reporting in Santa Clara County, Calif., voters have approved Measure M, a ballot initiative that would cap the compensation of executives at El Camino Hospital in Mountain View, Calif., to no more than twice the salary…

Last week, the HHS Office of Inspector General published Advisory Opinion 12-15. The opinion concerned whether an arrangement under which an unnamed hospital pays specialist physicians in its community a flat 24-hour shift (i.e., per diem) rate to provide call…

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