Workforce
Data from the Federal Bureau of Labor Statistics shows that the healthcare industry in Kentucky added jobs at a rapid pace in 2015, picking up momentum after showing only modest growth during the first year of the state's Medicaid expansion.
Financial challenges once again ranked as the top concern for hospital chief executive officers in 2015, according to a new study by the American College of Healthcare Executives. Patient safety and quality, and governmental mandates came in as the 2nd and 3rd highest concerns.
Healthcare businesses added more than 37,000 jobs in January, the U.S. Department of Labor's Bureau of Labor Statistics said on Friday, as the first month of 2016 seemed to extend the sector's job-creating trend over the past year.
CEO compensation at national benchmark hospitals was 17 percent higher than those further down on the list, after adjusting for hospital class, Truven and Mercer found.
Heavy workloads, long hours and excessive tech-based tasks are leading to more burnout among physicians, according to a recent study by WebMD subsidiary Medscape. It's even causing doctors have deeper biases against certain patient groups.
J. Joel Hackney's appointment takes effect following Pamplona's buyout of MedAssets, a $2.7 billion deal announced in November.
Montefiore Health System, an academic health system which includes the University Hospital for Albert Einstein College of Medicine, has appointed Colleen Blye executive vice president and chief financial officer.
In a move that appears to go against the corporate trend, GE Healthcare has announced it is moving its global headquarters from the United Kingdom to Chicago effective early 2016.
Overall, the U.S. economy added 292,000 jobs in the month and the unemployment held flat at 5 percent.
The average salary for healthcare workers in executive, management and other professional positions topped $111,000 in 2015, according to the recently released 2015 HIMSS Compensation Survey, though there is a close to $30,000 gap between what men and women earn in the field.