Alan Miller, CEO and chairman of King of Prussia, Pa.-based Universal Health Services, and four other UHS executives are reaping the rewards of a strong 2011 fiscal year, as the UHS compensation committee authorized payment of annual incentive bonuses last…
Compensation Issues
Total compensation for Trevor Fetter, president and CEO of Dallas-based Tenet Healthcare, dropped 12 percent from 2010 to $10.74 million in 2011, according to documents from the U.S. Securities and Exchange Commission.
The board of commissioners at Smithfield, N.C.-based Johnston Health approved a 3 percent raise for CEO Chuck Elliott, who will now make roughly $309,000 this year, according to a Smithfield Herald report.
Roughly 20 executives at Westchester Medical Center in Valhalla, N.Y., received compensation increases in 2010, the same year in which the hospital laid off 130 employees, froze hiring and cut $18 million from the 2011 budget, according to a Journal…
Surgery center operator First Surgical Partners recently discussed its 2011 financial results, reporting a growth in the number of procedures performed and challenges such as declining reimbursements and industry regulation.
Advertisement
An article from 1Miami, a city community group, recently argued that the large compensation packages of Jackson Health System executives need to be "right-sized" in the wake of more than 1,100 layoffs of the Miami-based hospital system.
In 2010, Fred Rankin III, CEO of Fredericksburg, Va.-based Mary Washington Healthcare, earned more than $3 million in total compensation after he vested on his supplemental executive retirement plan, according to a Free Lance-Star report.
Here are five surgery center leaders on the best ways to keep supply costs down.
Physician compensation can vary significantly based on geographic setting and department rank, according to a news release from the Medical Group Management Association.
Physician compensation in private practice is consistently greater than compensation in academic settings, according to a study reported in HealthImaging.