Takeaways OR leaders have experienced financial gains over the past 9 years, but not enough to keep up with inflation in recent years. Capital and operating budget responsibilities have increased over the past 6 years. Since 2015, OR leaders have consistently been most satisfied with their current job, but much…
Editor's Note: Non-monetary compensation to physicians is limited to no more than $507 for calendar year 2024, according to a report on the federal Stark Law published December 27 in Lexology. The Stark Law applies to non-cash or cash-equivalent payments from hospitals, physician groups, labs and other provider entities. The…
Editor's Note According to the 2023 survey from consulting firm SullivanCotter, published in August 2023, compensation for Advanced Practice Providers (APPs) has grown at a faster rate than pay for physicians and nurses, BusinessWire November 15 reports. The final report included data on more than 124,000 individual APPs and over…
A 2021 report by the Association of American Medical Colleges projects shortages of 15,800 to 30,200 in all surgical specialties by 2034. Driven by various factors, including the growing healthcare needs of an aging population, an aging surgical workforce—with many surgeons and nurses nearing retirement—and limited capacity in medical and…
In an era where the changing landscape of healthcare is placing enormous strain on OR leaders, compensation has increased only slightly, according to the 2023 OR Manager Salary/Career Survey. More than one-third (36%) of respondents earn $150,000 or more, up from 27% last year, but only slightly higher than 2021’s…
Editor's Note Becker’s Hospital Review on October 25 reported that the following five hospitals and healthcare systems have announced plans to raise nurses’ pay. The five are: Jersey Shore University Medical Center, Neptune City, New Jersey—union contract pay increase between 8% and 11% UMass Memorial Health, Worcester, Massachusetts—union contract pay…
As the response to the COVID-19 pandemic becomes embedded in hospitals, OR leaders’ satisfaction with their job is improving, according to the 2022 OR Manager Salary/Career Survey. Nearly three-fourths (72%) view their current job favorably, up from 64% last year and just below 2020’s 77%. However, satisfaction with many other…