Local residents are calling on hospitals and health systems to provide greater transparency on CEO salary decisions following recent mergers and acquisitions, according to various reports.
Compensation Issues
For the first time in three decades, the youngest category of registered nurses grew from 2004-2008, helping hospitals restock their pool of increasingly aging RNs, according to a release by the U.S. Health Resources and Services Administration.
Charitable donations to U.S. not-for-profit healthcare facilities fell by 11 percent in fiscal year 2009, a $944 million decline, according to a report by the Association for Healthcare Philanthropy.
Here are eight ways hospital executives can advance their careers and increase their earning power.
The latest IRS report available on Lakeland (Fla.) Regional Medical Center showed, for the first time, how much of administrator compensation is "base pay" and how much is "bonus and incentive compensation," according to a Ledger report.
Twenty years ago, hospitals excessively employed physicians in anticipation of managed care, says Brad Logan, vice president, Physician Consulting Services, at Quorum Health Resources. "The hospitals ended up struggling to manage the relationships and the tactic failed miserably," he says.…
Here are 16 statistics about compensation of surgeons based on region, based on 2009 data, according to the MGMA Physician Compensation and Production Survey.
New York physicians who care for injured patients covered by workers' compensation insurance will receive a 30 percent pay hike, the first increase in 14 years, according to a Post-Standard report.
Adams County Public Hospital District No. 2 in Washington has named Mark Barglof as its new permanent CEO, setting the administrator's salary at $140,000 with no performance bonuses, according to a Ritzville Journal report.
Central Maine Healthcare administrators, including CEO Peter Chalke, will take an 8 percent salary cut to alleviate hospital debt, according to a Sun Journal report.