Welcome to our April 2023 issue of ProCARE Perspectives, where we highlight important, relevant healthcare news, compensation trends, and provider integration topics. We’re here to help you keep up with it all!

Jack

–

Remarkable Leadership and Compliance Programs Create Ethical Companies

Six U.S. health systems were named to the Ethisphere Institute’s “World’s Most Ethical Companies” list. The Ethisphere Institute defines and measures corporate ethical standards in five categories: governance, leadership and reputation, a culture of ethics, ethics and compliance program, and environmental and societal impact. 

Takeaway: Does your organization promote and maintain an ethical environment through leadership, and compliance programs?

Inclusivity, Pay Equity and Community Benefit Reflected in Executive vs. Hospital Worker Pay Gaps

CEO pay at large has been a target of criticism by workers in recent months. Lown Institute measured Hospitals’ social responsibility via inclusivity, pay equity, community benefit, care value, and outcomes metrics, looking at gaps in hourly wages between executives and hospital workers without advanced degrees. Only 66 achieved ‘A’s’ on equity, value and outcomes.

Takeaway: How does your hospital rank in terms of overall social responsibility? What initiatives does your organization have in place to improve this?

Physician Specialties Burnout Rates Continue to Climb

Since 2018, physician burnout has continued to significantly increase. Last year, 53 percent of physicians reported burnout. Among them, emergency medicine, internal medicine, pediatrics, obstetrics and gynecology, and infectious diseases are ranked the highest.
Takeaway: What resources does your organization provide to prevent burnout?