Category: Compensation Issues

Why physician cash compensation is soaring

Physicians’ cash compensation was up in 2023 for medical and surgical specialists, and will soar even higher over the next five years, according to SullivanCotter’s “2023 Physician Compensation Insights” report.

How cash compensation has changed for 6 health system roles

Median total cash compensation for health system leaders increased 3.5% from 2022 to 2023, according to one new survey.

Hospital CEO pay hits the Hill

Hospitals have denounced criticism from Sen. Bernie Sanders, I-Vt., about their charity care policies. But the issue of CEO pay has been less addressed and appears to be one the lawmaker will hold onto. 

The wealthiest people in healthcare: How they got there

The wealthiest people in the healthcare industry prove there’s no one way to the top. Companies that now yield billions were built in garages, basements and spare bedrooms, and their founders and CEOs once worked the breakfast shift at McDonald’s or we…

How systems are preparing for California's new minimum wage

About 455,000 healthcare workers in California are set to see wage increases as a result of a new minimum wage law signed by Gov. Gavin Newsom.

California raises minimum wage to $25 an hour for healthcare workers

California Gov. Gavin Newsom has signed a bill that mandates a $25 hourly minimum wage requirement for workers in hospitals and other medical settings.

Projected wage shifts by 2033 for 3 healthcare positions

Of the nation’s 16 most populated industries, registered nurses are projected to see the greatest increase in hourly pay when accounting for inflation, according to new research from telecommunications company TollFreeForwarding. 

4 trends in healthcare executive pay

Median base salaries for healthcare executives have increased year over year, reflecting continued pressure to attract top leaders and stabilize executive transitions, according to a survey conducted by consulting firm SullivanCotter. 

The C-suite role seeing faster pay growth than CEOs

The pay gap is narrowing between legal chiefs and CEOs, according to a recent study from Equilar. 

RNs may see highest wage increase within next decade

Registered nurses in the U.S. are projected to see a pay increase of at least $13 more per hour by 2033, according to newly published research from TollFreeForwarding, a telecommunications company.