The next CEO of Parkland Memorial Hospital in Dallas will earn roughly $950,000, according to a Dallas Business Journal report.
Compensation Issues
Non-profit hospitals that overcompensate their top executives could find themselves in hot water, both in the eyes of federal regulators as well as their local communities, according to a recent webinar from Venable and Guidestar.
Here is a list of 10 hospital and health system CFOs recently profiled by Becker's Hospital Review.
In fiscal years 2010 and 2011, most top officials at Montana-based hospitals and health systems received salary raises and bonuses as most other salaries and wages in the state and country continued to stagnate, according to a Missoulian report.
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.
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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.
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.