Nine of the nation’s 10 highest-paying positions are in the medical field, with surgeons ranking at the top with a mean annual salary of $225,390, according to the Bureau of Labor Statistics. The BLS has released its Occupational and Employment…
Compensation Issues
Pittsburgh-based Sullivan, Cotter and Associates has expanded its Physician Compensation Practice with a team of seven associates joining the consulting firm, according to a company news release. The seven associates joining the firm are from Diversified Medical Management, the healthcare…
Jeffrey Romoff, president and CEO of the University of Pittsburgh Medical Center, received $4.01 million in salary, bonuses and benefits in 2009, according to a Pittsburgh Post-Gazette report. Mr. Romoff’s compensation was twice as much as his counterpart at Pittsburgh’s…
Tax documents filed today show Pittsburgh-based West Penn Allegheny Health System CEO Christopher Olivia, MD, received a base salary of $1.26 million in 2009, the latest year reported, according to a Pittsburgh Tribune-Review report. The reported 2009 salary is nearly…
After the public system came under fire for paying its retired CEO nearly $4 million, state officials will audit Salinas (Calif.) Valley Memorial Healthcare System to probe executive compensation, according to a Salinas Californian report. A state legislative committee approved…
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As provisions of the healthcare reform law are implemented and the economy stabilizes, certain skill sets or experiences are coming to the forefront in executive searches and influencing compensation for hospital CEOs. Eric Dickerson, partner with Dallas-based Kaye/Bassman International, shares…
Pay increase budgets have fallen by 0.1 percent in 2011, a small decrease from 2.5 percent in 2010 to 2.4 percent this year, according to results from the Compensation Data Healthcare survey. The drop in pay increase budgets is still…
Out of 801 occupations, surgeons and anesthesiologists receive the most pay, according to an analysis of federal compensation data by The Business Journals. Surgeons ranked first, earning an average of $219,770 in 2009, the latest year for which figures are…
The combination of high medical school debt and relatively low pay is steering many young physicians away from general internal medicine, according to a study published in the Archives of Internal Medicine. Mark D. Schwartz, an internist and lead author…
In a survey of 22 specialties, cardiologists ranked at the bottom when it came to compensation satisfaction, with only 46 percent feeling they were fairly compensated, according to the Medscape Cardiology Compensation Report 2011. About 40 percent of cardiologists in…