Tag: salary and benefits

The anesthesia staffing crisis: How we got here, what hospitals can do

Takeaways • Documentation and coding procedures are rife with opportunity for cost savings. • Passed in 2022, the No Surprises Act is designed to protect insured patients from surprise billing for emergency services from out-of-network providers. However, the result has been nearly 40% cuts in reimbursements to anesthesiologists. • OR…

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By: Brita Belli
November 20, 2024
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Perianesthesia certification protects patients, promotes retention

Although certification can be a career accelerator for any nurse, perioperative nurses in particular appear to be getting the message. Consider the most recent data from the American Board of Perianesthesia Nursing Certification, Inc (ABPANC), which offers the Magnet-recognized Certified Postanesthesia Nurse (CPAN) and Certified Ambulatory Perianesthesia Nurse (CAPA) credentials.…

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By: Judy Huntley, CMP
November 20, 2024
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Session: What talented nurses want from potential employers

Editor's Note Focusing on mentorship programs and continuous learning, Amy Bethel, MPA, BSN, RN, NE-BC, offered advice for attracting and retaining talented nurse leaders Tuesday afternoon at the 2024 OR Manager Conference. Good leaders often share core qualities, and style matters, said Bethel, who is nurse educator with OR Manager.…

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By: Matt Danford
October 30, 2024
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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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Study: High-paying medical specialty disparity persists as more women pursue surgical professions

JAMA (healthcare publication) Network logo

Editor's Note Although women are underrepresented in high-compensation medical specialties, new research shows a significant increase in female applicants and matriculants to surgical specialties specifically. Published September 30 in JAMA Network, the study found that the proportion of women entering high-compensation surgical specialties rose from 28.8% to 42.4%. In contrast,…

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By: Matt Danford
October 18, 2024
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Survey: Job satisfaction, earnings trend positive

Data and surveys

Takeaways • OR leaders’ satisfaction with many work factors has increased significantly. • Financial compensation has improved slightly for many leaders. • OR leaders supervise more full-time equivalent (FTE) employees than last year. OR leaders are more satisfied in their work compared to a year ago, and their earnings have…

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By: Cynthia Saver, MS, RN
September 25, 2024
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Traveler tightrope: OR leaders balance best practices, reduction strategies

Takeaways Providers are generally seeking to reduce use of travelers through strategies such as float pools, training programs, and cultural reforms. However, travelers remain useful as a bridge to permanent staff and for difficult-to-fill positions. Best practices for selection, onboarding, team integration, and performance evaluation are essential for maximizing return…

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By: Cynthia Saver, MS, RN
September 25, 2024
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Survey: Satisfaction up, compensation stable for ASC leaders

Data and surveys

ASC leaders’ satisfaction has increased significantly compared to a year ago, according to the 2024 OR Manager Salary/Career Survey. In all, 81% of respondents were satisfied with their current job/position, up from 70% in 2023, and 27% reported being “completely satisfied,” compared to 17% last year. In fact, the favorable…

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By: Cynthia Saver, MS, RN
September 25, 2024
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Healthcare projections show critical shortages of nursing assistants, nurse practitioners

Editor's Note The U.S. healthcare sector is projected to experience a shortage of 100,000 workers by 2028, according to an August 29 report by Mercer. This shortfall is expected to affect key roles such as nursing assistants, nurse practitioners, and specialized primary care physicians. Nursing assistants are projected to have…

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By: Matt Danford
September 9, 2024
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Hospital wage inflation slows

Editor's Note Data from Fitch Ratings indicates hospital wage inflation is “leveling off,” Becker’s Hospital Review reported September 9, calling the report “good news” amid continued payroll increases and labor shortages. According to Becker's, key takeaways of the data include: Year-over-year average hourly earnings growth for hospital employees dropped 3%…

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By: Matt Danford
September 9, 2024
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