Michelle Mahan took the CFO position at Frederick (Md.) Memorial Hospital in 2008, and with more than 30 years of experience supporting her, she has helped create a sustainable and profitable future for the hospital.
Compensation Issues
Scrutiny from federal and state regulars, as well as the media, will always surround executive compensation at non-profit hospitals, and there are seven red flags that could ignite the firestorm, according to a webinar from Venable and Guidestar.
Payments for physician call coverage and medical direction from hospitals have increased over the past few years, as hospitals are facing mounting pressures to enhance their physician base.
Intermediate sanctions are penalties on disqualified persons who participate in or approve excess benefit transactions, and non-profit hospital executives and other stakeholders could be subject to these sanctions if compensation programs are not up to snuff, according to a recent…
This November, registered voters within the El Camino Hospital district in Mountain View, Calif., will decide whether there should be salary caps for El Camino Hospital executives, according to a San Jose Mercury News report.
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Out of all the different factors that could limit compensation, physicians believe declines in governmental and commercial reimbursement are the most influential, according to a survey from The Medicus Firm.
Physicians' satisfaction with their 2011 compensation varied greatly, and roughly one-third of physicians through their income should have been higher, according to a survey from The Medicus Firm.
Last month, Physicians Practice released its 2012 Staff Salary Survey, and nurses and nurse managers saw average annual salary increases of 4 percent and 12 percent, respectively.
Physician salaries remained relatively flat — and in many cases negative — in 2011, as the average net compensation change across 20 different specialties was -1.7 percent, according to the latest physician compensation survey from The Medicus Firm.
New research published in the Journal of the American Medical Association found that gender income inequality exists between women and men academic physician researchers even after adjusting for differences in specialty, work hours, academic rank and other factors.