Healthcare Innovation October 22, 2024
A just-released report from SullivanCotter sees salaries and incentive pay creeping up
Despite the intense financial pressures facing hospitals, medical groups, and health systems in the current operating environment in U.S. healthcare, salaries of senior patient care organization executives continue to rise at least in peace with inflation, a new survey is confirming.
Leaders at the Chicago-based SullivanCotter consulting firm on Oct. 17 released the results of their “2024 Health Care Management and Executive Salary Survey,” with this year’s 4.6-percent pay increase for all executives surpassing the 4.4-percent growth seen in 2023.
A press release posted to Business wire on Oct. 17 stated that “The report details year-over-year changes in median base salaries – including across-the-board, merit, and market adjustments...
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