As the federal government explores a proposed 10 percent funding cut to Medicare, Texas physicians are wary that the move could severely impact patient options.
Compensation Issues
The average annual salary for registered nurses, excluding bonus pay such as overtime, climbed about 4 percent since Jan. 1 to $81,376, according to healthcare consultants Premier, which examined salaries of about 60,000 nurses for The Wall Street Journal.
Payers and providers are having a harder time landing network contracts, and patients' wallets are stuck in the middle as they face more out-of-network care, Forbes reported Nov. 16.
Kelby Krabbenhoft, the former president and CEO of Sanford Health who abruptly departed in late 2020, received a more than $49 million payout, according to federal tax documents obtained by Forum News Service.
The unique business challenges created by the pandemic have made companies more willing to pay up for those with the right skills, as MBA graduates saw their median income soar, The Wall Street Journal reported Nov 15.
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An "internal error" is requiring nearly 14,000 BlueCross BlueShield of Tennessee Medicare Advantage members to reenroll in coverage or else lose their insurance, WBIR reported Nov. 11.
Advocate Aurora Health will invest $93 million to boost its minimum hourly wage, the health system said Nov. 11.
The cost of healthcare coverage for families with employer-sponsored plans is rising to an average of $22,221 annually, according to a Nov. 10 survey from the Kaiser Family Foundation.
The former CEO of Campbell County Health in Gillette, Wyo., has received $675,000 as part of her contract-obligated severance package.
Bellevue, Wash.-based Overlake Medical Center & Clinics is investing $23 million in its workforce, which includes retention bonuses and a minimum wage increase.