After a report was released on the pay packages of Cleveland-based MetroHealth System's top executives, ranking it in the top 25 percent of similarly sized health systems, county officials and board members have showed concern about the high compensations, according…
Compensation Issues
Roughly nine percent of all CEOs at non-profit hospitals in the Midwest earned at least $1 million in 2008-09, and average total compensation was $480,804, according to a recent white paper by Payers & Providers, a California-based health business publisher.
Spiros Hatiras, the former CEO of Hoboken (N.J.) University Medical Center who stepped down July 16, received a severance package of $600,000 in compensation and full medical benefits for a year three weeks before the hospital filed for bankruptcy, according…
As healthcare reform provisions begin to be implemented, hospitals and health systems will need strong, capable leaders to guide the organization to success. "Healthcare reform efforts are making an already complicated industry even more complex," says Michael Regier, senior vice…
Bisbee, Ariz.-based Copper Queen Community Hospital CEO Jim Dickson pays his 12 physicians similar to what they would earn at an urban hospital in order to attract top physicians, according to a National Public Radio report.
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Annual incentive plans are most established in government-owned hospitals, according to the 2011 Hay Group Healthcare Compensation Study.
New York Gov. Andrew Cuomo has created a task force to review executive and administrator compensation at non-profits that receive taxpayer support from the state, including health systems, according to a new release from the governor's office.
While the recession has altered some healthcare entities physician recruiting efforts, some compensation for specialty physicians jumped, as urologists showed the biggest percentage increase in income from 2009-10 to 2010-11, according to a Merritt Hawkins report.
University Medical Center in Las Vegas is cutting 3,600 employees' pay by 2 percent to save approximately $5.5 million a year, according to a Las Vegas Review-Journal report.
Physicians in highly capitated practice environments had lower risk-adjusted spending per beneficiary and lower intensity of care compared to physicians receiving only productivity payments, according to an article published in Health Services Research.