Compensation Issues

With the annual open enrollment period, this year's health insurance landscape features record-low premiums and new subsidies. 

The generosity of employer-sponsored health plans has remained relatively stagnant since major coverage provisions of the ACA were implemented in 2014, researchers from the Employee Benefit Research Institute and the Blue Cross Blue Shield Association found.

Based on patient and provider market research, hospitals can make smarter decisions about the patient payment process that will improve both customer satisfaction and the revenue cycle.

Cleveland-based health systems are offering incentive pay to nurses as they face staffing challenges amid the COVID-19 pandemic, according to cleveland.com, a news and information website.

Hauppauge, N.Y.-based Hallmark Health Care Solutions is providing hospitals with real-time reports of hourly nurse rates and other healthcare rates, according to an Oct. 21 news release obtained by Becker's.

Confluence Health in Wenatchee, Wash., is investing about $2.62 million in its employees by giving $625 bonuses to those who stayed on the job after the vaccination deadline, KPQ reported Oct. 21.

Nuvance Health reported a net loss of over $130 million last fiscal year while President and CEO John Murphy, MD, took home $12.8 million in fringe benefits, the News-Times reported Oct. 21.

Anthem Blue Cross and Blue Shield is partnering with Kroger Health on Medicare Advantage plans that provide members with in-store benefits at Kroger locations.

The compensation and benefits package of Nashville General CEO Joseph Webb has been reduced in advance of contract negotiations after his increasing salary raised questions, the Tennessean reported Oct. 20.

An Oct. 19 Avalere analysis of 2022 Medicare Advantage offerings found significant growth among nonmedical benefits.