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Recruiting a Healthcare Executive

When medical companies generate a lot of cash flow, just like any other company, executive compensation goes up. Top healthcare executives can expect to earn anywhere from $2 million to $4 million dollars a year in salary alone. Some feel that this number is exhorbanant when you look at the state of nationwide healthcare today.

However, good executive teams for large health care providers, insurance companies, etc., bring significant returns to shareholders, members, and employees. Bottomline, they are worth the salaries they command if a demonstratable path of success can be proven.

Depending if your firm is a public company or not, may affect the compensation you offer to top management. Usually, on top of competitive salaries, executives are offered performance-based compensation in the form of bonuses, along with stock options.

Some interesting facts from Nursefinders Survey Identifies Top Challenges, Business Objectives for Healthcare Executives in 2007 Press Release

"Top Challenges Facing Healthcare Executives in 2007"
  • Staffing Issues (includes retention/reducing turnover/recruitment) 30%
  • Patient Satisfaction and/or Safety 18%
  • Revenue Growth 14%
  • Increase Census/Capacity 11%
  • Build Image/Professionalism 5%
  • Diversify Services 4%
  • More Managed Care contracts 4%
  • Improve Productivity 4%
Click through to the above release for more info.


The information found on this website is not designed to replace the patient/physician relationship.

The above information was last updated on 2/28/07 by Recruitment.md Staff Writers.

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Healthcare Executive Placement News

March 5, 2007
Career Focus: Hospital Management
...Hospital Management involves everything from planning, finance, personnel, purchase, maintenance, to laundry, catering and many other jobs related to the set-up. What any hospital health care management aims at is efficiency as well as cost effectiveness at all levels, above all, most importantly, patients satisfaction...

March 8, 2007
Merge Healthcare suffers $258M loss in `06
Acknowledging that a return to profitability won't happen until later this year, Merge Healthcare reported an annual net loss of $258.5 million, or $7.67 per diluted share, in a difficult 2006 that saw several executives resigned in the wake of financial reporting errors.

February 28, 2006
American College Of Healthcare Executives Panel Discussion On Feb. 22
...ACHE is an international professional society of 30,000 healthcare executives who lead our nations hospitals, healthcare systems and other healthcare organizations....

AMA Pubmed National Library of Medicine
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