When Elaine Thompson, PhD, became CEO of Lakeland (Fla.) Regional Medical Center and its parent organization Lakeland Regional Health System in September, she earned $662,802 in total compensation for those first four months, according to a Ledger report.
Compensation Issues
CMS has released a final rule (pdf), within the Patient Protection and Affordable Care Act, that will increase Medicaid payments for certain primary care physicians to Medicare rates over the next two years beginning Jan. 1, 2013.
Here are the 15 latest hospital executive and physician compensation stories from the past month, starting with the most recent.
Hospitals that pay per diem fees, or flat rates, to specialist physicians for emergency department call coverage have been viewed as teetering the line of the federal Anti-Kickback Statute, but an opinion from HHS' Office of Inspector General (pdf) ruled…
Maryann Kepple, CFO of Health Quest System in LaGrangeville, N.Y., has one major goal in mind: to improve the health system's operating performance while keeping patient care at its high-quality level.
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In fiscal year 2012, SunLink Health Systems Chairman, President and CEO Robert Thornton Jr. recorded total compensation of $732,647 — more than double what he earned in 2011, according to documents filed with the U.S. Securities and Exchange Commission.
Virtua, a four-hospital health system based in Marlton, N.J., has been growing rapidly over the past several years, and the system includes three of the highest-paid healthcare executives in the Philadelphia region, according to a Philadelphia Inquirer report.
Out of 18 major physician specialties in 2011, cardiologists experienced the largest decrease in median compensation, according to a survey from The Medicus Firm.
Nashville, Tenn.-based Vanguard Health Systems and Mike Duggan, CEO of Detroit Medical Center and Detroit market president of Vanguard, have agreed to cut Mr. Duggan's salary as he explores a bid to run for Detroit's mayor, according to a filing…
Len Dryer joined Children's Hospital Colorado in Aurora in 1982 as a staff accountant, and for the past 22 years, he has led the hospital's financial direction as CFO.