Total compensation for Alan Miller, CEO and chairman of King of Prussia, Pa.-based Universal Health Services, swelled 27 percent last year, from $9.85 million in 2010 to $12.5 million in 2011, according to documents from the U.S. Securities and Exchange…
Compensation Issues
The national average salary of hospital chief nursing officers increased 2.24 percent from 2010 to 2011 to an average of $148,112, according to a survey from Hospital & Healthcare Compensation Service.
In the world of healthcare, there are a slew of examples for hospitals to assess their physician compensation plans.
Angela Braly, president and CEO of health insurer WellPoint, earned roughly $13.26 million in total compensation in 2011, roughly $200,000 less than she made in 2010, according to documents from the U.S. Securities and Exchange Commission.
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…
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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.
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.