Category: Compensation Issues

CEO salaries at nonprofit systems increased significantly between 2012 and 2019, and it could be a factor in hospital consolidation, one study found.

Twenty-eight healthcare facilities in New York will receive grant funding for training additional healthcare workers.

ChristianaCare, a three-hospital health system based in Wilmington, Del., is increasing its hourly minimum wage from $15 to $16.50.

Physician compensation continued to rise in 2023, with 60% reporting net worth above $1 million, according to Medscape’s “Physician Wealth & Debt Report” published June 16. 

Women account for an increasing number of medical school graduates and healthcare leaders, yet gender harassment and pay gaps remain, a recent report found.

Compensation Advisory Partners’ July 12 report highlighted compensation trends for CFOs and CEOs in 2023 based on 132 companies with a median revenue of $14.6 billion. Here are the key takeaways:

Steward Health Care CEO Ralph de la Torre, MD, made a gross salary of $3,766,461 from May 8, 2023, to April 11, 2024, according to July 12 bankruptcy court documents obtained by Becker’s. 

Specialists saw a larger pay bump than primary care physicians last year on average, according to AMGA’s 2024 Medical Group Compensation and Productivity Survey.

Average weekly travel nurse pay in the U.S. in June was $2,298.18, down 0.79% from the previous month and 5.23% from June 2023, according to data shared with Becker’s from Vivian, a healthcare career marketplace.

Elon Musk, CEO of Tesla, is the wealthiest person in the world, with a net worth of $221.4 billion, according to Forbes’ “Top 10 Richest People In The World (July 2024)” list published July 1.