Larry Anderson, CEO of Tri-City Medical Center in Oceanside, Calif., received a $115,000 bonus after the hospital board of directors credited his leadership for Tri-City's large financial turnaround, according to a North County Times report.
Compensation Issues
The following are the average compensation rates, ordered highest to lowest, for surgeons in various surgical specialties for 2010, based on the Medical Group Management Association's "Physician Compensation and Production Survey: 2011 Report Based on 2010 Data."
The Hoboken Municipal Hospital Authority, the city entity that runs Hoboken (N.J.) University Medical Center, said the $600,000 severance package to former HUMC CEO Spiros Hatiras met the conditions of his contract, according to a Jersey Journal report.
The board of directors at Mountain View, Calif.-based El Camino Hospital approved salary increases averaging roughly four percent for the hospital's top nine executives, according to a Los Altos Town Crier report.
Employers Responding to Healthcare Reform With Increased Employee Cost-Sharing, Wellness Initiatives
With the cost of employee healthcare benefits expected to increase next year at more than twice the rate of inflation, large U.S. employers are planning to have workers share more of the cost next year, according to a new survey…
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The Medicus Firm's 2011 Physician Compensation Survey found that in general, compensation was flat from 2009-2010. The average change in compensation from 2009-2010 across 19 physician specialties was negative 0.14 percent compared to positive 4.9 percent from 2008-2009. Steve Marsh,…
The following six surgical specialties saw an increase in median compensation from 2010 to 2011, according to the American Medical Group Association's "2011 Medical Group Compensation and Financial Survey."
Most presidents and CEOs at Boston-based non-profit teaching hospitals earned seven-figure compensation in 2009, but those packages were flat or lower compared with their 2008 pay, according to a Boston Globe report.
In 2010, roughly 69 percent of medical and surgical specialties experienced an increase in median compensation, according to the American Medical Group Association's "2011 Medical Group Compensation and Financial Survey."
Certified registered nurse anesthetists make roughly 68.8 percent more in median compensation compared with nurse practitioners, according to the Medical Group Management Association's "Physician Compensation and Production Survey: 2011 Report Based on 2010 Data."