Northern Maine Medical Center in Fort Kent, Maine, has cut four administrators from its payroll and will impose a 2 percent pay cut on remaining administrators in order to remain financially viable, according to a Bangor Daily News report.
Compensation Issues
As hospitals bring in medical practices, compensation is a key source of physician satisfaction or dissatisfaction. The main reason physicians leave groups is compensation.
Albany Medical Center (N.Y.) has agreed to pay $4.5 million to settle a federal class-action lawsuit alleging Albany administrators conspired with other local hospital leaders to limit the pay of around 4,000 registered nurses, according to a Wall Street Journal…
Hip and joint surgeons earned on average $59,834 in 2009, according to MGMA's Physician's Compensation and Production Survey: 2010 Report Based on 2009 Data.
Barry Jantz, CEO of Grossmont Healthcare District in La Mesa, Calif., will see his annual salary increase by nearly a $23,000 to approximately $206,000 in Dec. 2012 due to a unanimous action by the district’s board of directors, according to…
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A Maine proposal that would limit health executive compensation to the governor's executive salary received an unenthusiastic response from the Health and Human Services Committee on Wednesday, according to a Sun Journal report.
The following compensation disclosures were released within the past month and are organized alphabetically. Beth Israel Deaconess Medical Center (Boston)Paul Levy, the hospital’s departing CEO who had a relationship with a female employee, will receive up to $1.6 million in…
Here are 15 statistics on invasive cardiologist compensation, based on data from MGMA's Physician Compensation and Production Survey.
After being ousted by the board without cause, the former president and CEO of El Camino Hospital in Mountain View, Calif., will receive nearly $1 million in severance pay, according to a San Jose Mercury News report. The hospital will…
A two-year physician fee fix expected in President Obama’s proposed budget would be financed by “squeezing” Medicare payments to physicians and hospitals and by expanding use of generic drugs in federal health programs, according to a report by the New…