Here are the 11 latest hospital executive and physician compensation stories from the past month, starting with the most recent.
1. Hospital board members may wonder why hospital executive compensation continues to rise despite the fact salaries in the rest of the economy are stagnating. According to David Bjork, senior vice president and senior adviser at Integrated Healthcare Strategies, executive pay in the healthcare industry continues to climb because there are simply too many vacant positions to be filled and not many unemployed healthcare executives.
2. Physicians' earnings have grown more slowly than the earnings of other care providers since 1987.
3. Physicians in hospitals, medical groups and other provider organizations can expect a 2.6 percent increase in salaries next year.
4. The board of directors at Oceanside, Calif.-based Tri-City Medical Center approved a 4 percent salary raise and a one-time 20 percent bonus to CEO Larry Anderson.
5. Roughly 38.2 percent of physicians said their income in 2012 was about the same compared with their income in 2011, while 10.4 percent said compensation was up by less than 5 percent.
6. An overwhelming majority of Vanguard Health Systems shareholders approved the 2012 executive compensation packages for the Nashville, Tenn.-based company's executives.
7. The Cumberland County Board of Commissioners voted that all future discussions regarding the compensation of the CEO of Cape Fear Valley Health System in Fayetteville, N.C., occur in private quarters.
8. With all 108 precincts reporting in Santa Clara County, Calif., voters approved Measure M, a ballot initiative that would cap the compensation of executives at El Camino Hospital in Mountain View, Calif., to no more than twice the salary of California's governor.
9. The board of directors at El Camino Hospital in Mountain View, Calif., said it will look into legal options to block Measure M.
10. When Elaine Thompson, PhD, became CEO of Lakeland (Fla.) Regional Medical Center and parent organization Lakeland Regional Health System in September, she earned $662,802 in total compensation for those first four months.
11. CMS released a final rule, under the Patient Protection and Affordable Care Act, that will increase Medicaid payments for certain primary care physicians to Medicare rates over the next two years beginning Jan. 1, 2013.
1. Hospital board members may wonder why hospital executive compensation continues to rise despite the fact salaries in the rest of the economy are stagnating. According to David Bjork, senior vice president and senior adviser at Integrated Healthcare Strategies, executive pay in the healthcare industry continues to climb because there are simply too many vacant positions to be filled and not many unemployed healthcare executives.
2. Physicians' earnings have grown more slowly than the earnings of other care providers since 1987.
3. Physicians in hospitals, medical groups and other provider organizations can expect a 2.6 percent increase in salaries next year.
4. The board of directors at Oceanside, Calif.-based Tri-City Medical Center approved a 4 percent salary raise and a one-time 20 percent bonus to CEO Larry Anderson.
5. Roughly 38.2 percent of physicians said their income in 2012 was about the same compared with their income in 2011, while 10.4 percent said compensation was up by less than 5 percent.
6. An overwhelming majority of Vanguard Health Systems shareholders approved the 2012 executive compensation packages for the Nashville, Tenn.-based company's executives.
7. The Cumberland County Board of Commissioners voted that all future discussions regarding the compensation of the CEO of Cape Fear Valley Health System in Fayetteville, N.C., occur in private quarters.
8. With all 108 precincts reporting in Santa Clara County, Calif., voters approved Measure M, a ballot initiative that would cap the compensation of executives at El Camino Hospital in Mountain View, Calif., to no more than twice the salary of California's governor.
9. The board of directors at El Camino Hospital in Mountain View, Calif., said it will look into legal options to block Measure M.
10. When Elaine Thompson, PhD, became CEO of Lakeland (Fla.) Regional Medical Center and parent organization Lakeland Regional Health System in September, she earned $662,802 in total compensation for those first four months.
11. CMS released a final rule, under the Patient Protection and Affordable Care Act, that will increase Medicaid payments for certain primary care physicians to Medicare rates over the next two years beginning Jan. 1, 2013.
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