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:
Category: Compensation Issues
Steward paid CEO $3.8M salary in the year before bankruptcy filing
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.
Physician pay, productivity trends are unsustainable: AMGA
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.
Travel nurse pay by state
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.
10 wealthiest people in the world, per Forbes
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.
5 highest paying states for healthcare executives
Median total compensation for executive management positions in healthcare grew nearly 6% from 2022 to 2023, and Wisconsin is the highest-paying state for the roles, according to a new report from the Medical Group Management Association.
RN pay fell in 2023: 4 trends to know
From 2022 to 2023, median total compensation for registered nurses fell 3.32%, though nurses still saw compensation increase over the past decade, according to a June 26 report from the Medical Group Management Association.
Cost-adjusted surgical tech pay in the best, worst states for healthcare
Multiple states deemed best for healthcare by U.S. News & World Report do not rank in the top half in terms of hourly mean wage for surgical techs, adjusted for cost of living, according to Becker’s analysis.
California budget deal defers minimum wage hike for healthcare workers
California Gov. Gavin Newsom and state legislators have reached an agreement on the 2024 state budget, which includes delaying the start of minimum wage increases for healthcare workers to at least the fall.
California budget deal defers minimum wage hike for healthcare workers
California Gov. Gavin Newsom and state legislators have reached an agreement on the 2024 state budget, which includes delaying the start of minimum wage increases for healthcare workers to at least the fall.
