Compensation Issues

The economic situation for women may be improving since the beginning of the pandemic-induced recession, Intelligencer reported Dec. 15.

In an effort to retain and recruit workers, Springfield, Pa.-based Crozer Health will provide some employees with student loan repayment of up $10,000 annually per person to a maximum of $50,000 over five years.

Physician and registered nurse pay varies by specialty, gender and ownership, several recent studies and surveys reported by Becker's found.

Based on 2020 earnings, nurse practitioners who worked in acute care hospitals reported the highest annual incomes compared to other healthcare settings, according to a report released Dec. 3 by Medscape. 

As the value-based care reimbursement environment grows, there is an increasing interest in linking additional physician compensation to the achievement of quality outcomes as measured by certain quality metrics.

Differences in workers' skills aren't always the biggest reason for pay inequality, a study reported in Bloomberg Dec. 9 reveals.

Physician-owned practices acquired by hospitals from 2014-18 led to those physicians earning income that was 0.8 percent lower on average than those who remained independent, a December Health Affairs study found.

Memorial Sloan Kettering has paid a total of $1.9 million in severance to its former CMO, who resigned in 2018. 

St. John's Health in Jackson Hole, Wyo., is offering a $1,000 retention bonus to full-time employees, the hospital confirmed to Becker's.

Female physicians are paid less than male colleagues from the start of their careers and, over the course of a 40-year-career, earn an estimated $2 million less, according to a study published Dec. 6 in Health Affairs.