Tenet CEO and CFO compensation slashed in 2015
In 2015, Tenet Healthcare President and CEO Trevor Fetter and the Dallas-based system’s CFO Daniel Cancelmi experienced compensation cuts of 14.5 percent and 47.2 percent. Last year, Mr. Fetter had compensation of $15.4 million and Mr. Cancelmi received compensation of $4.6 million.
AmSurg’s Sheridan acquires North Florida Anesthesia Consultants
Sheridan, the physician services division of AmSurg, acquired Jacksonville-based North Florida Anesthesia Consultants. North Florida Anesthesia Consultants services 18 Florida facilities including Hospital Corporation of America’s Jacksonville surgery centers.
CMS’ pay raise for Medicare Care Advantage plans falls short
CMS announced Medicare Advantage plans will receive a 0.85 percent hike in reimbursement in 2017. In February, CMS proposed a 1.35 percent increase in reimbursement for MA plans.
Back Pain Centers of America appoints new director of physician partnerships
Atlanta-based Back Pain Center’s of America named Quintin Thomas the new director of physician partnerships. As director, Mr. Thomas will oversee the physician network expansion to meet the demands of more than 150,000 patients each year.
5 highest-earning states for physicians
The North Central region of the United States offers, on average, the highest pay for physicians per year, according to the “Medscape Physician Compensation Report 2016.”
The five top-earning states include:
• North Dakota — $348,000
• New Hampshire — $322,000
• Nebraska — $317,000
• Alaska — $314,000
• Montana — $304,000
Pfizer considers nixing $160B Allergan merger amidst new tax regulations
New York City-based Pfizer, a pharmaceutical company, is questioning whether it should move forward with its Dublin, Ireland-based Allergan merger after the Obama administration implemented new rules on tax inversion. The merger between the two drug companies is valued at $160 billion and is the largest of its kind to date.
Christ Hospital to build outpatient facility pending CON approval
To build the center, Christ Hospital bought 15 acres of land from Brandicorp for $8.7 million. The state still needs to approve the outpatient center, as Kentucky is one of 36 states requiring a certificate-of-need.
More healthcare news:
10 highest-& lowest-earning states for physicians
Pfizer considers nixing $160B Allergan merger amidst new tax regulations — 3 insights
Physician shortage steeper than previous estimates — 7 key findings on the AAMC 2016 report
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