Here are the 15 latest hospital executive and physician compensation stories from the past month, starting with the most recent.
1. Hospitals that pay per diem fees, or flat rates, to specialist physicians for emergency department call coverage have been viewed as teetering the line of the federal Anti-Kickback Statute, but an opinion from HHS' Office of Inspector General ruled those per diem payments may be OK.
2. In fiscal year 2012, SunLink Health Systems Chairman, President and CEO Robert Thornton Jr. recorded total compensation of $732,647 — more than double what he earned in 2011.
3. Virtua, a four-hospital health system based in Marlton, N.J., has been growing rapidly over the past several years, and the system had three of the highest-paid healthcare executives in the Philadelphia region.
4. Nashville, Tenn.-based Vanguard Health Systems and Mike Duggan, CEO of Detroit Medical Center and Detroit market president of Vanguard, agreed to cut Mr. Duggan's salary as he explores a bid to run for Detroit's mayor.
5. Roughly one-third of CFOs of the 25 top-grossing non-profit hospitals earned more than $1 million in total compensation a few years ago, and all CFOs in that group made at least $500,000.
6. A staff editorial in the Mercury News took issue with the current ballot initiative in the Mountain View, Calif., area that would limit the pay of El Camino Hospital executives, calling it the "Most Irresponsible Local Ballot Measure of 2012."
7. Nashville, Tenn.-based Vanguard Health Systems released executive compensation figures, which showed CEO and Chairman Charles Martin Jr. earned $7.94 million in 2012.
8. The board of Lee Memorial Health System in Fort Myers, Fla., officially approved an 8 percent raise for President and CEO Jim Nathan, bringing his new annual salary to $808,000.
9. El Camino Hospital in Mountain View, Calif., spent $149,000 in campaign funds on efforts to defeat Measure M, a ballot measure that would cap hospital executive compensation to no more than twice the salary of California's governor.
10. Before Larry McAndrews retired as president and CEO of the National Association of Children's Hospitals and Related Institutions, which is part of the Children's Hospital Association, he made roughly $1.24 million in total compensation.
11. Lee Michelson, CEO of Sequoia Healthcare District, will now see a bigger paycheck, as the district's board of directors approved a 14 percent raise.
12. Roughly 79 percent of all physician specialties experienced raises in compensation in 2011, although most of the increases were nominal.
13. Roughly 56 percent of hospitals have a physician compensation governance structure, and that number is expected to rise as more physicians become hospital employees.
14. An overwhelming amount of physician searches offer a relocation allowance to physicians, and the average relocation allowance is $10,035.
15. The New York Stock Exchange and Nasdaq released new proposed standards for the compensation committee requirements under the Dodd-Frank Act, and they will affect the headquarters level of for-profit hospital chains.
1. Hospitals that pay per diem fees, or flat rates, to specialist physicians for emergency department call coverage have been viewed as teetering the line of the federal Anti-Kickback Statute, but an opinion from HHS' Office of Inspector General ruled those per diem payments may be OK.
2. In fiscal year 2012, SunLink Health Systems Chairman, President and CEO Robert Thornton Jr. recorded total compensation of $732,647 — more than double what he earned in 2011.
3. Virtua, a four-hospital health system based in Marlton, N.J., has been growing rapidly over the past several years, and the system had three of the highest-paid healthcare executives in the Philadelphia region.
4. Nashville, Tenn.-based Vanguard Health Systems and Mike Duggan, CEO of Detroit Medical Center and Detroit market president of Vanguard, agreed to cut Mr. Duggan's salary as he explores a bid to run for Detroit's mayor.
5. Roughly one-third of CFOs of the 25 top-grossing non-profit hospitals earned more than $1 million in total compensation a few years ago, and all CFOs in that group made at least $500,000.
6. A staff editorial in the Mercury News took issue with the current ballot initiative in the Mountain View, Calif., area that would limit the pay of El Camino Hospital executives, calling it the "Most Irresponsible Local Ballot Measure of 2012."
7. Nashville, Tenn.-based Vanguard Health Systems released executive compensation figures, which showed CEO and Chairman Charles Martin Jr. earned $7.94 million in 2012.
8. The board of Lee Memorial Health System in Fort Myers, Fla., officially approved an 8 percent raise for President and CEO Jim Nathan, bringing his new annual salary to $808,000.
9. El Camino Hospital in Mountain View, Calif., spent $149,000 in campaign funds on efforts to defeat Measure M, a ballot measure that would cap hospital executive compensation to no more than twice the salary of California's governor.
10. Before Larry McAndrews retired as president and CEO of the National Association of Children's Hospitals and Related Institutions, which is part of the Children's Hospital Association, he made roughly $1.24 million in total compensation.
11. Lee Michelson, CEO of Sequoia Healthcare District, will now see a bigger paycheck, as the district's board of directors approved a 14 percent raise.
12. Roughly 79 percent of all physician specialties experienced raises in compensation in 2011, although most of the increases were nominal.
13. Roughly 56 percent of hospitals have a physician compensation governance structure, and that number is expected to rise as more physicians become hospital employees.
14. An overwhelming amount of physician searches offer a relocation allowance to physicians, and the average relocation allowance is $10,035.
15. The New York Stock Exchange and Nasdaq released new proposed standards for the compensation committee requirements under the Dodd-Frank Act, and they will affect the headquarters level of for-profit hospital chains.
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