Compensation

This channel page includes news on the salaries of cardiologists and other cardiology department staff, compensation studies, and articles on the economic impacts on pay due to changes in public or payor policy and shifting trends in medicine.  

Quality metrics may not factor into hospital CEOs' $596K salary

The compensation of CEOs at nonprofit U.S. hospitals may not be based on patient outcomes, the provision of care or benefit to the community. Instead, a JAMA Internal Medicine study published online Oct. 14 found that compensation may be more closely linked to technology and patient satisfaction.

Number of female physicians has increased, but salary has not

Although the number of women entering the physician workforce has increased over the past two decades, their earnings still lag behind those of their male colleagues. In a research letter published online in JAMA Internal Medicine, researchers reported that according to the latest salary data, the earnings gap between male and female physicians was $56,019.

Shifting salary trends

The median household income in the U.S. dropped by about $4,000 between 2007 and 2013. Is cardiology immune?

MGMA: Practice management staff salaries vary

In some practices, particularly larger ones, management professionals saw pay increases last year. However, most compensation for these professionals remained static, according to this years "Management Compensation Survey" put forth by the Medical Group Management Association (MGMA).

Physician salaries account for 8% of U.S. healthcare costs

As physicians face tighter scrutiny from consumers and public health experts, a survey conducted by Jackson Healthcare reveals that physician salary accounts for approximately 8 percent of total U.S. spending on medical care, while only a minority of physicians receive additional earnings for ordering imaging or other tests.

ACC: Shrinking salaries may portend the future

NEW ORLEANSWhile practice integration is a top of mind issue for cardiologists, it is not occurring in a vacuum. Cardiologists need to consider other marketplace trends as they approach negotiations with hospitals and integrated delivery sessions, according to presenters at the Managing Your Practice in a Transforming Health System: Part 1 session, held Sunday at the annual meeting of the American College of Cardiology (ACC).

Survey: Salary growth for C-suite health execs slows, but retention is up

Salary increases for healthcare employees continue to slow, but turnover has been reduced dramatically as well, according to the 2010 Hay Group Healthcare Compensation Study, sponsored by TIAA-CREF.

Around the web

Eleven medical societies have signed on to a consensus statement aimed at standardizing imaging for suspected cardiovascular infections.

Kate Hanneman, MD, explains why many vendors and hospitals want to lower radiology's impact on the environment. "Taking steps to reduce the carbon footprint in healthcare isn’t just an opportunity," she said. "It’s also a responsibility."

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