While many hospitals are responding to financial losses by cutting positions, some facilities are raising salaries and handing out bonuses, according to various reports.
Compensation Issues
The long-term care industry is experiencing the impact of the lackluster economy, following several years of financial stability while other areas of the healthcare industry suffered, according to a McKnight's report.
Anesthesiologists from at least 39 states and the District of Columbia have donated more than $250,000 to the campaign of Maryland Congress hopeful Andy Harris, the Republican challenger to Democratic incumbent Frank Kratovil, according to a Baltimore Sun report.
Hospitals in financial difficulty are struggling with decisions over executive bonuses and incentives, according to various reports.
Single-specialty orthopedic surgery and anesthesiology groups showed revenue increases in 2009, while gastroenterology, cardiology and urology groups showed revenue declines, according to a release from MGMA.
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In a letter to Democratic and Republican leaders of the House of Representatives, the AMA and 116 other physician groups hinted if Congress allowed an automatic 23 percent fee cut to go into effect on Dec. 1, many physicians might…
Registered nurses of Quincy (Mass.) Medical Center have agreed to a temporary 3 percent pay cut and a freeze on their pensions in exchange for nurse-staffing ratios, according to a release by the Massachusetts Nurses Association.
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.
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.