OU Health Physicians, the physician group of Oklahoma City-based OU Health, and Blue Cross and Blue Shield of Oklahoma haven't been able to finalize a new contract renewal ahead of an upcoming deadline.
Compensation Issues
Tim Hingtgen began serving as CEO of Franklin, Tenn.-based Community Health Systems on Jan. 1, and he'll get a base salary of $1.2 million this year, according to a Securities and Exchange Commission filing.
Growth in compensation for top health insurance executives outpaced their companies' revenue growth from 2019 to 2020, according to a brief from consulting firm BDO.
When health insurers increase cost-sharing for members, it can result in several negative health outcomes and higher mortality, according to a working paper published by the National Bureau of Economic Research.
The University of Kansas Health System in Kansas City, Kan., has boosted its minimum wage to $15 per hour.
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Trinity Health System is offering medical laboratory technicians up to $4,000 to join the Steubenville, Ohio-based organization, according to a Facebook post.
Eligible county healthcare workers in Virginia's Fairfax County will receive one-time hazard pay bonuses of up to $2,000 during the COVID-19 pandemic, according to WTOP.
David Wichmann, the outgoing CEO of UnitedHealth Group, will receive pay for two years after his departure, according to a Feb. 2 filing with the Securities and Exchange Commission.
Tower Health said it is cutting salaries of executives and managers amid financial losses linked to the COVID-19 pandemic.
Physician assistant is the top healthcare job in the U.S., with the best-paid 25 percent making $130,530 in 2019, and the lowest-paid 25 percent making $92,800 that year, according to U.S. News & World Report data released in January.