The University of Virginia Health System in Charlottesville, Va., has instituted a new compensation system that has moved away from "fewer, broader pay grades to more, narrower grades," according to a Daily Progress report.
Compensation Issues
The Service Employees International Union-United Healthcare Workers plans to support a ballot initiative that would cap the compensation of top executives at El Camino Hospital in Mountain View, Calif., according to a Mountain View Voice report.
Physician executive compensation is growing at the lowest rate in the last 10 years, according to the Cejka Executive Search and American College of Physician Executives 2011 Physician Compensation Survey.
Out of 16 branches of pediatrics surveyed, pediatricians who specialize in neonatal medicine earned the most on average last year, according to the Medical Group Management Association's "Physician Compensation and Production Survey: 2011 Report Based on 2010 Data."
Physicians across all types of healthcare organizations can expect their salary increases to be around 2.5 percent in 2012, which is down from the pay increases of 2.7 percent in 2011, according to a Hay Group news release.
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Registered nurse salaries increased by 1.1 percent over 2009 to a median salary of $60,500, representing a greater jump than the salary movement of other ASC positions, including administrator (1 percent increase), business office manager (stagnant), operating room technician (stagnant),…
Sen. Chuck Grassley (R-Iowa) recently questioned the salaries of those within the non-profit hospital industry over the weekend, as CEOs within his own state have consistently earned high compensation packages, according to a Des Moines Register report.
Hospital administrations and executives are experiencing, and will continue to experience, increasing changes to the healthcare system. Accountable care organizations, bundled payments, physician alignment, health IT initiatives, service line affiliations, reducing readmissions — they all create a carousel of issues…
A group of Mountain View, Calif.-based El Camino Hospital workers intends to put a measure on the Nov. 2012 ballot to cap the pay of the hospital's nine highest-paid executives who each make more than $200,000 before counting bonuses, according…
Physicians practicing internal medicine who were employed by a hospital made less per year than those who were in non-hospital-owned practices, according to the Medical Group Management Association's "Physician Compensation and Production Survey: 2011 Report Based on 2010 Data."