7 Recent Compensation Issues

The following physician and hospital executive compensation issues occurred in the past month, starting with the most recent.

 

1. Parkland Memorial Hospital May Reinstate Incentives for Execs
Roughly two years after Parkland Memorial Hospital in Dallas got rid of incentive payments for top executives, the hospital may reinstate those incentives with performance-based objectives.

2. Sen. Chuck Grassley Questions Hospital CEO Bonuses
In light of a recent news story that showed how many nonprofit hospital and health system CEOs still predominantly receive bonuses based on volume-based financial metrics, Sen. Chuck Grassley (R-Iowa) plans to continue probing how the nonprofit hospital sector conducts its business.

3. As Hospitals Move Toward Fee-for-Performance, CEOs Still See Pay for Volume
A report by Kaiser Health News put volume-based compensation bonuses for hospital executives under the microscope during the industry's shift to value-based incentives.

4. Report: Quality, Patient Say Will Have Bigger Role in Physician Compensation
Last year, primary care physicians and specialists both said quality metrics began to affect their compensation, a trend both physicians and others in the industry expect will tick upward, according to MGMA's newest physician compensation and production survey.

5. Public Hospital CEO Pension Reform Makes Headway in California
California's Senate Governance and Finance Committee unanimously approved Assembly Bill 130, a bill proposed by Assemblyman Luis Alejo (D-Salinas) that would prohibit public hospital districts in the state from paying pension benefits to the CEO prior to his or her retirement.

6. Report: Most Cardiologists See Rise in Compensation
From 2010 through 2012, compensation for various cardiologists has increased steadily — and as much as 18 percent for some subspecialties, according to MedAxiom's 2013 physician compensation and production survey.

7. Healthcare CEOs Outearn Most Other Industry Chiefs
A report found CEOs in the hospital, health insurance and pharmaceutical industries generally have higher compensation figures than their counterparts in other nonhealthcare-related industries, such as technology and manufacturing.

More Articles on Physician and Executive Compensation:

4 Common Questions and Answers About Hospital Committees
5 Stories About Physician Engagement, Recruitment Strategies
As Hospitals Move Toward Fee-for-Performance, CEOs Still See Pay for Volume

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