Hospitals Increase Salaries for Docs
According to an Integrated Healthcare Strategies survey, hospital staff can expect to see a pay increase for 2012, as such:
- Hospital executives salaries – 2.5 percent increase
- Middle management – 2.8 percent
- Staff – 2.6 percent
As compared to 2011, the survey results showed that in 2012, 90 percent of hospitals and health systems have unchanged salary budgets or are increasing their salary budgets.
In an effort to align hospitals and physicians, 37.8 percent of the survey’s respondents said physician alignment is being incorporated into their incentive plans; for example, “meeting CMS quality standards,” “Physician use of electronic patient records,” and “readmission rates,” according to the survey.
As the industry prepares for ICD-10’s transition, the survey found:
- 60 percent of hospitals and health systems expect staffing adjustments.
- 53.6 percent are planning to hire more coders.
Sources: FierceHealthcare, “Hospital salaries rise with increased focus on doc alignment, ICD-10”
Integrated Healthcare Strategies, “Survey Results by Integrated Healthcare Strategies Show Latest Trends in Healthcare Salary Increases”