The University of Cincinnati has agreed to pay $900,000 in severance to David Stern, MD, its top healthcare official, according to a Cincinnati Enquirer report. Dr. Stern, an internist, has been on leave for the last several months as dean…
Compensation Issues
New Hampshire Attorney General Michael Delaney has started his review of compensation paid to leaders of the state's 24 non-profit hospitals, according to a Union Leader report.
Board members of Kern Health Systems in Bakersfield, Calif., are considering resignation following criticism over $70 million in agency reserves and a $42,000 raise for KHS CEO Carol Sorrel, according to an Eyewitness News report.
CEOs of California public district hospitals earn significantly lower average salaries than their counterparts at other types of non-profit hospitals, according to data released by the office of State Controller John Chiang and reports from Payers & Providers.
Data comes from the Bureau of Labor Statistics' May 2009 National Occupational Employment and Wage Estimates.
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Health insurers Harvard Pilgrim Health Care and Tufts Health Plan announced Wednesday that their board members will discuss ending their five-figure annual payments, following a decision by Blue Cross Blue Shield of Massachusetts to indefinitely suspend board pay, according to…
Clyde, N.C.'s Haywood Regional Medical Center will pay former CEO David Rice $150,000 in an out-of-court settlement, according to a Smoky Mountain News report.
Despite “thank you” bonuses to some of its frontline employees, Novant Health is still receiving calls, e-mails and letters from employees who are upset about the system’s six-figure bonuses for executives, according to a Winston-Salem Journal report. The top…
Data comes from the Bureau of Labor Statistics' May 2009 National Occupational Employment and Wage Estimates.
William Caron, Jr., CEO of Portland's MaineHealth, outranked his state peers in terms of salary, bringing in $1.2 million in total compensation, according to a Sun Journal report that examined 2008-09 tax filings by Maine hospitals.