The Society of General Internal Medicine announced (pdf) it is starting an independent panel, the National Commission on Physician Payment Reform, that will assess how physicians are paid and how payment incentives are linked to patient care.
Compensation Issues
In a 15 to 5 decision, the board of trustees at Fayetteville, N.C.-based Cape Fear Valley Health System voted to give CEO Mike Nagowski a 2 percent salary raise to $534,732 and an incentive bonus worth $189,669, according to a…
Henry Kravis and George Roberts, cousins and co-CEOs of KKR & Co., a private equity firm with a vast amount of investments that include Nashville, Tenn.-based Hospital Corporation of America, each received an estimated $94 million in compensation and cash…
Salaries of hospital executives in the New York metro area are 19 percent higher on average when compared to the national market data of similarly sized hospitals and health systems, according to an article from Integrated Healthcare Strategies.
In less than one month, the Service Employees International Union-United Healthcare Workers West gathered more than 15,300 signatures from residents in the Mountain View, Calif.-based El Camino Hospital district to propose a ballot measure limiting hospital executives' salaries, surpassing its…
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Antonio Alfonso, MD, chairman of the Department of Surgery at SUNY Downstate Medical Center in Brooklyn, N.Y., was the second-highest paid employee on New York's payroll in 2011, according to analysis from SeeThroughNY, a project of conservative think tank Manhattan…
Sister Carol Keehan, president and CEO of the Catholic Health Association of the United States, recorded total compensation of $962,467 in 2010, according to the CHA's 2011 Form 990 (pdf).
Here are five of the biggest hospital compensation stories for the month of February, starting with the most recent.
Anne McSweeney, director of the Office of Development at Memorial Sloan-Kettering Cancer Center in New York, earned more than $1.4 million in salary and benefits in 2010, according to a Chronicle of Philanthropy report.
Hospitals are purchasing physician practices and employing physicians at some of the highest levels in roughly two decades. Here are the top 25 highest-paid physician specialties, with average salary figures, that were in hospital-owned practices based on the most recent…