Having a written compensation policy for the top executives of a non-profit hospital is generally considered to be a best practice, and an IRS survey indicated that roughly three-quarters of all non-profits have one in place. Here are 10 statistics…
Compensation Issues
Here are 14 hospital and health system executive compensation stories from the past month, beginning with stories that broke most recently.
Cash may not rule everything around physicians, as nonmonetary rewards such as vacations and professional development courses could provide them a level of appreciation and motivation, according to a report from Family Practice News.
The role of medical director has drastically changed for hospitals over the past several years. Traditionally, some physicians volunteered to fulfill medical directorship duties, but now that the positions require more time and effort, physicians expect to be appropriately compensated.
Average per diem payments of emergency on-call coverage vary widely across medical specialties, from a low of $240 to a high of $2,710, according to data from MD Ranger's Physician Contract Benchmark Report.
Advertisement
Robert Levine, the former CEO of the now closed Peninsula Hospital, is seeking more than $1.2 million from the New York City facility in bankruptcy court, according to a New York Daily News report.
Compensation for executives of Atlanta-based SunLink Health Systems has not wavered much over the past three years as the for-profit hospital operator has treaded in financially dangerous waters, according to documents from the U.S. Securities and Exchange Commission.
The more money there is to manage, the more a CEO gets paid. This common adage in the business world applies to the non-profit hospital world as well. Here are 24 statistics from a 2009 IRS non-profit hospital compensation report…
Five cardiac electrophysiologists within the Wexner Medical Center at The Ohio State University in Columbus, Ohio, received bonuses last year of more than $1 million each, according to a Dayton Daily News report.
With an average income of $250,000, many emergency physicians say they are generally happy with their career choice, according to Medscape's 2011 Physician Compensation Survey.