Tag: Healthcare executives

Survey: Pay increases continue for healthcare executives

Editor's Note Base salaries for healthcare executives rose by a median of 4.6%, according to the 2024 Health Care Management and Executive Compensation Survey from consulting firm SullivanCotter. Published October 17 on Business Wire, the survey includes data from nearly 3,300 organizations and 45,000 leaders. According to an October 17…

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By: Matt Danford
October 23, 2024
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Health systems face declining margins, cut leadership amid rising costs

Editor's Note Four consecutive months of reduced health system margins have resulted in significant layoffs and restructuring in top leadership, Becker’s Hospital Review reported September 30. According to the article, which cites Strata Decision Technology's August Healthcare Industry Financial Benchmarks report, average health system margins fell to 1.9% in August,…

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By: Matt Danford
October 1, 2024
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AI, more pay help healthcare executives combat worsening nurse shortage

Editor's Note Healthcare executives expect the US nurse shortage to worsen, according to the 2024 Healthcare Executive Report from Incredible Health, a career marketplace for healthcare workers. Projected to reach 1 million by 2030, the shortage is exacerbating stress on current staff and compromising care quality, according to the company’s June…

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By: Matt Danford
June 18, 2024
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Editorial: OR Business Management Conference tackled financial challenges, technological innovations

This past February, the OR Business Management Conference, held in Phoenix, Arizona, brought together business managers of all walks of life. The intimate event was once again a symbiotic blend between financial- and business-centric education and high-quality networking. The education offered for seasoned and new business leaders alike, perhaps more…

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By: Tarsilla Moura
March 22, 2024
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Shift to outpatient, emergency services keeps rural hospitals afloat

Editor's Note More CEOs are considering rural emergency hospital (REH) designation, according to a February 12 article in Becker’s Hospital CFO Report. In January 2023, REH was established as a new Medicare provider type to enable struggling rural hospitals to continue operating with outpatient and emergency services only, instead of…

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By: Matt Danford
February 27, 2024
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More health systems embrace dual roles for C-suite executives

Editor's Note:  Stacking additional responsibilities and titles atop pre-existing leadership responsibilities is becoming more common among health system executives, according to a January 24 report in Becker’s Hospital Review. Not including the most obvious overlapping pairings, such as chief medical officer and chief medical informatics officers, the most common parings…

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By: Matt Danford
January 30, 2024
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KPMG forecasts hospital closures, healthcare and life sciences mergers

Editor's Note:  Investors see particular opportunity for mergers in healthcare and life sciences companies, Chief Healthcare Executive reported January 5. Citing the 2024 outlook of audit, tax, and advisory firm KPMG, the report notes that 61% of investors expect deal-making to increase in these sectors, while only 9% expect to…

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By: Matt Danford
January 12, 2024
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More executives considering ASC joint ventures

Editor's Note A survey of health system executives published January 4 by VMG Health finds that an increasing number are planning to expand into joint ventures with ambulatory surgery centers as they look to move more services from inpatient to outpatient facilities. The survey included 141 health system executives, including…

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By: Brita Belli
January 8, 2024
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New survey shows disconnect between C-suite, employee perceptions of well-being

Editor's Note A new survey released June 21 by Deloitte and Workplace Intelligence finds that up to 60% of employees are considering switching to new jobs because stress at work is hurting their mental (58%), physical (63%), social (45%), or financial (35%) well-being. The survey also finds that three in…

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By: Judy Mathias
June 26, 2023
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Study: Health system executives call nursing shortage ‘critical’

Editor's Note In its first public study of health system executives, Incredible Health reveals that 94% of executives describe the nursing shortage as “critical.” The 2023 Healthcare Executive Report, released June 13, which solicited responses from 100 US health system executives, also finds the following: 68% say they do not…

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By: Judy Mathias
June 20, 2023
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