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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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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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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Editor's Note Heightened demand has made nursing lucrative relative to other professions, especially since the COVID-19 pandemic, according to a May 9 report from healthcare job marketplace Vivian Health. Based on the firm’s proprietary salary data as well as information from the Bureau of labor Statistics, Vivian estimates registered nurses…

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Editor's Note The average annual wage for nurse practitioners has increased by a total of more than $16,000 since 2019, according to a May 23 report in Becker’s ASC Review. In 2019, the mean annual wage was $111,840, compared to $128,490 in 2023, according to the report, which cites data…

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The past 10 years of data from the OR Manager Salary/Career Survey reflects many challenges in the healthcare environment, particularly those associated with the COVID-19 pandemic. ASC leader respondents report that staffing difficulties have become particularly challenging. For example, only 15% of respondents to the 2014 survey reported increased RN…

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Editor's Note An April 2024 Physician Compensation Report from Medscape shows that 2023 was “another year of steady pay gains for US physicians,” Medscape April 12 reports. However, physicians are not content with their “take-home pay,” still seeing their profession as being underpaid. Some takeaways from the report include: On…

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Takeaways OR leaders have experienced financial gains over the past 9 years, but not enough to keep up with inflation in recent years. Capital and operating budget responsibilities have increased over the past 6 years. Since 2015, OR leaders have consistently been most satisfied with their current job, but much…

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Editor's Note: Non-monetary compensation to physicians is limited to no more than $507 for calendar year 2024, according to a report on the federal Stark Law published December 27 in Lexology. The Stark Law applies to non-cash or cash-equivalent payments from hospitals, physician groups, labs and other provider entities. The…

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Editor's Note According to the 2023 survey from consulting firm SullivanCotter, published in August 2023, compensation for Advanced Practice Providers (APPs) has grown at a faster rate than pay for physicians and nurses, BusinessWire November 15 reports.  The final report included data on more than 124,000 individual APPs and over…

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