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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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.

 

 

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Proposed bill would cancel student loan debt for healthcare workers

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

 

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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).

 

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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.

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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.

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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.

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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.

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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.

Around the web

Compensation for heart specialists continues to climb. What does this say about cardiology as a whole? Could private equity's rising influence bring about change? We spoke to MedAxiom CEO Jerry Blackwell, MD, MBA, a veteran cardiologist himself, to learn more.

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”