California Health Workers Start Seeing Bump in Pay

California Health Workers Start Seeing Bump in Pay

In California, many healthcare workers will start earning a minimum of $18 an hour in their paychecks, while those at some larger health organizations will begin getting paid at least $23 an hour this week. A law signed last year was set to increase workers’ pay over the next decade starting in June, but the start date was delayed until this week because of budget concerns. A new $25 hourly rate will gradually go into …

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Staff Salary Survey Provides Benchmarks

Staff Salary Survey Provides Benchmarks

A recent survey conducted by Physicians Practice provides some benchmarking insight for operators regarding staff salaries. According to survey respondents, more than a quarter of them say their full-time nurse practitioners earn within the range of $100,000-$125,000; only a small percentage earn less than $75,000 a year. As for medical assistants, the largest portion of survey respondents (37%) pin those salaries in the range of $30,000 to $40,000 a year with another 23% saying they …

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Income Tax Liability from Phantom Income

Urgent message: How physician and entrepreneur investors structure their urgent care center may expose them to an income tax liability from phantom income, but there are steps they can take to ensure there are sufficient funds to cover it. Introduction Income taxes are one of life’s certainties for most working Americans. Typically, however, income taxes are paid only on cash received during the course of a year. For example, a Form W-2 received by an …

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