Here are five of the biggest hospital compensation stories for the month of February, starting with the most recent.
Compensation Issues
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…
Over the past decade, physician employment has grown by 32 percent at hospitals, and roughly 20 percent of the practicing physician workforce now works for a hospital. This explosion of employed physicians signals several factors: the move toward accountable care…
Nancy Wilson, RN, board member of the Southern Humboldt Community Healthcare District in Garberville, Calif., wrote a letter in the Redwood Times defending the recent salary hike of SHCHD Administrator Harry Jasper.
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Honolulu-based Hawaii Health Systems Corporation, which runs 14 hospitals and healthcare facilities on five islands, released salary figures for its top executives, and CEO Bruce Anderson's salary is the highest at $242,250, according to a Honolulu Civil Beat report.
Two executives who used to work at Quincy (Mass.) Medical Center and were fired after Boston-based Steward Health Care bought the hospital now seek severance payments for a combined $603,000, according to a Patriot Ledger report.
Hospitals looking to employ physicians have a plethora to manage in terms of compensation, and understanding the differences between executive benefits and physician benefits could help compensation arrangements, according to an article from healthcare compensation firm Integrated Healthcare Strategies.
A recent report comparing the salary of orthopedic surgeons to other professionals, such as dentists and lawyers, researchers found orthopedic surgery is less lucrative than the common perception of the profession, according to a Medscape report.
Erlanger Health System, based in Chattanooga, Tenn., has awarded a severance package to another executive, the third such buyout since the end of last year, according to a Chattanooga Times Free Press report.