Nine top executives at Allegiance Health in Jackson, Mich., received pay increases that pushed their combined salaries to more than $2.5 million in the 2008-9 reporting year, according to a report by the Jackson Citizen Patriot.
Compensation Issues
A recent study by the American Medical Association found that while only about 5 percent of physicians are sued each year, 42.2 percent of all physicians have had a medical malpractice claim made against them during their career.
Physicians in Alabama are beginning to charge patients for increased access, according to a Huntsville Times report.
El Camino Hospital in Mountain View, Calif., has decided to freeze its executive's salaries following $7.91 million in losses so far this year, according to Mercury News report.
The American Medical Group Association's 2010 Medical Group Compensation and Financial Survey reported most specialties saw a small increase in compensation in 2009, while many provider organizations experienced continued financial loss, according to a Newswise report.
A report by Payers & Providers, a California healthcare business publication, found the base salary for California hospital CEOs averaged $514,237 — or as much as $732,004 with bonuses, retirement money and expense accounts, according to a Ventura County Star…
Here are seven statistics on anesthesiologist compensation from May 2009 figures, according to data from the Bureau of Labor Statistics' Occupational Outlook Handbook: 2010-2011 Edition.
Al Candrilli, a partner at Organizational Consulting Group in Avon, Ohio, makes three points on the revamped Internal Revenue Service Form 990, which is used to report executive compensation at not-for-profit hospitals.
Hospitals are no longer regularly giving raises for everyone in top management. Ron Seifert, executive compensation practice leader for the Hay Group in Philadelphia, says hospitals are being very conservative about raises.
While many hospitals have temporarily frozen executive salaries, a few have gone a step further and actually cut them.When a hospital has to lay off workers, an executive pay cut sends employees a message more eloquently than words that the…