Hospitals to Increase Focus on Executive Compensation

At the ACHE “Congress on Healthcare Leadership” this week, a key presentation discussed the issues surrounding increased scrutiny of executive compensation. The presenters, F. Kenneth Ackerman Jr. and David A. Bjork, chairman and senior vice president at Integrated...

2014 Compensation Trends for Hospital Executives

According to a 2013 survey co-sponsored by the American Society for Healthcare Human Resources Administration, CEOs of independent health systems earned a median salary of $750,000, while CEOs at subsidiary health systems earned a median figure of $539,000. CFOs at...

Hospital CEO Turnover at All-Time High

In a March 10 press release, ACHE reported that CEO turnover occurred at one out of every five hospitals in the US during 2013. The 20% figure is the highest turnover rate recorded by ACHE since they started reporting the annual data in 1981. For 2013, ACHE reported...

Key Advice for Healthcare Executives in Job Transition

I’d like to share a valuable article with you titled “Healthcare Executives in Job Transition.” The author, Dr. Laura Canter, is a Licensed Performance Psychologist. She has worked with professional and elite amateur athletes in a variety of sports, including in...

Can Hospitals Effectively Manage Physicians?

Historically, hospitals have experienced difficulties managing physicians. But with the new healthcare reform initiatives, employing physicians is seen as critical to reaping new revenue streams tied to greater coordination of healthcare. As a result, health systems...