Compensation

Salaries for healthcare administrators, physicians and clinicians vary based on geographic location, the size of the institution, education level, work experience and level of responsibility. This page include content about what healthcare workers are paid, and other factors that impact pay and personnel management.

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pain pills opioids

CVS settles opioid case with Florida for $484M

CVS Health has settled with the state of Florida for $484 million to resolve claims for opioid medications filled at CVS pharmacies.

 

 

March 30, 2022
Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 

Proposed bill would cancel student loan debt for healthcare workers

A new bill would cancel the student debt of healthcare workers and teachers. 

 

March 17, 2022
Doctor patient with masks

Medical liability premiums surge again

Medical liability premiums have risen significantly again for the third consecutive year, according to an analysis from the American Medical Association (AMA).

 

March 14, 2022
Doctor wearing a COVID N95 mask in the hospital. #Coronavirus #COVID19 #Sarscov2

Healthcare wage growth during COVID lagged behind other industries despite pandemic burden

The average wages for U.S. healthcare workers rose less than wages in other industries during 2020 and the first six months of 2021, despite the healthcare workforce shouldering the heavy burden of fighting the pandemic.

March 11, 2022
Medicare money payment physician. The CardioVascular Coalition and Society for Cardiovascular Angiography and Interventions have both issued new statements highlighting their issues with the 2024 MPFS proposed rule. 

Primary care physicians and specialists both suffered modest salary declines during COVID-19

About 72% of doctors said their pay dropped due to COVID-19, with 8% forced to close shop entirely, according to new data from financial planning firm Physicians Thrive.

January 27, 2022
overnight night shift attending radiologist burnout. A new policy statement from the American College of Cardiology highlights the importance of career flexibility—including the ability to change hours or work responsibilities when necessary—for cardiologists of all ages. 

Most doctors would trade a salary reduction for more free time

About 80% said they were happy prior to the pandemic, with about 6 in 10 now feeling that same way outside of work, according to new survey data.

January 17, 2022
Manhattan, New York

Physician salary gender gap tops $36K

Male physicians starting out make more than $36,000 than their female counterparts on average, according to a new study in Health Affairs that compared starting compensation.

January 28, 2020

High-salary medical specialists are in higher demand than primary care physicians

More hospitals and healthcare providers are seeking medical specialists compared to primary care physicians––and many of these roles comes with the highest starting salaries in the industry.

July 9, 2019
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Around the web

Cardiovascular Business
FDA announces new recall of delivery catheters after patient’s death

The recall includes specific lots of five different medical devices used to treat stroke and other neurovascular diseases.

Cardiovascular Business
FDA warns against use of troubled heart devices, citing ‘continued concerns’ after multiple recalls

The agency is urging healthcare providers to transition away from these devices and seek out alternatives. It is even working with other manufacturers to try and get similar products on the market as quickly as possible. 

Cardiovascular Business
The push for an independent cardiology board continues

Jeffrey Kuvin, MD, one of the leading voices behind efforts to create a new Board of Cardiovascular Medicine, spoke with Cardiovascular Business about where things stand today.

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