Healthcare employees are expected to see modest pay raises of 2.6 percent in 2013, which is less than other industries, but healthcare executives are expected to benefit the most, according to a CNN Money report.
Compensation Issues
Here are the 10 latest hospital executive and physician compensation stories of the past month, starting with the most recent.
As the healthcare environment begins to move into the hands of a younger generation from the baby boomers, new compensation models should be considered, according to an article from Integrated Healthcare Strategies.
Central Ohio plays home to several major hospitals and health systems, and each CEO of those organizations made more than $800,000 in total compensation last year, according to a Columbus Business First report.
Out of the top 20 recruited physician specialties from April 1, 2011, to March 31, 2012, a majority saw an increase in offered salaries, according to the Merritt Hawkins "2012 Review of Physician Recruiting Incentives."
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A proposed bill in California that would require local healthcare districts to have written, transparent compensation contracts with their hospital CEOs is making its way through the Senate after it received unanimous support in the Assembly.
Hospital boards and compensation committees that have a written total compensation philosophy explaining the rationale for executive pay could help hospitals make better decisions and improve transparency, according to "Governance for Health Care Providers: The Call to Leadership," a healthcare…
Nearly one out of ten employers plan to drop health coverage for employees in the next three years because of rising medical costs, according to a new Deloitte survey reported in the Los Angeles Times.
Ted Sirotta has served as CFO of Northwestern Medical Center in St. Albans, Vt., for the past six years, and he was recently honored as a "forward-thinking" CFO.
Physician signing bonuses, once a treat, are almost a foregone conclusion now as roughly 80 percent of physician recruiting assignments Merritt Hawkins conducted in 2011 and 2012 involved signing bonuses.