county hospital ceo salary

Heres how executive compensation breaks down at the 82 largest non-profit hospitals using the IRS 990 informational returns and auditing the latest year available: This chart shows the income bands of top-paid executives in the 82 large charitable hospitals across America. Maintains a highly visible presence, interacting constantly with key stakeholders to inform and advise them of strategies, current healthcare trends, legislation and activities. The rising cost of healthcare is undermining the American Dream. Avg. Independent health system CEO (median revenue of system: $864 million)Median base salary: $750,000Average base salary: $754,400Median total cash compensation: $873,800Average total cash compensation: $944,300, Subsidiary health system CEO (median revenue of system: $716 million)Median base salary: $539,000Average base salary: $568,100Median total cash compensation: $645,700Average total cash compensation: $690,100, Independent hospital CEO (median revenue of hospital: $167 million)Median base salary: $380,000Average base salary: $421,800Median total cash compensation: $402,500Average total cash compensation: $479,700, Subsidiary hospital CEO (median revenue of hospital: $139 million)Median base salary: $309,500Average base salary: $329,300Median total cash compensation: $368,700Average total cash compensation: $391,000, More Articles on Hospital CEO Compensation:The Elephant in the Room: Hospital CEOs' Paychecks Vanguard CEO Charles Martin Jr.'s Compensation Falls to $4.9M in 2013 Nonprofit Hospital CEO Pay Averages $600k And Not Tied to Quality. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Estimated $51.6K - $65.3K a year. Hemphill, TX 75948. Set the goals, policies and procedures of the organization, Oversee financial and budgetary operations, Negotiate and approve contracts and other agreements, Identify processes that can be made more efficient and cost-effective, Monitor hiring and retraining efforts to ensure that staff have the necessary education, certification, training and experience, Verify compliance with state, federal and Centers for Medicare and Medicaid Services (CMS) regulations and communicate compliance efforts to the board of directors, Confirm that senior managers are setting and abiding by standards for excellence in implementing policies and procedures. What is your current role in health care? In each case, executive compensations increased during the time the hospitals acquired nursing homes. Nearly a decade later, the nursing home operations have become significant parts of the hospitals revenues. That year, the median compensation for nine Indiana county hospital CEOs was around $277,000. Last year, patients spent 1 out of every 7 U.S. healthcare dollars within these powerful networks. Dans retirement in 2016 culminated a 17-year tenure at Memorial Hermann in which the organization experienced exceptional fiscal and organizational success, including national recognition for providing safe, high-quality patient care, as well as unprecedented growth and expansion in Greater Houston. It then continues up the Tugaloo (originally Tugalo) and into the Chattooga River, its most significant tributary. Avg. 1.9. Recruit Up, LLC - Atlanta All Rights Reserved. Some hospital CEOs were paid twice the rate of other workers, while the highest paid received 60 times the hourly pay of general workers. To promote CEO retention, hospitals are focusing on long-term incentives and deferred compensation. We found that these hospitals add billions of dollars annually to their bottom line, lavishly compensate their CEOs, and spend millions of dollars, which are generated by patient fees, lobbying government to defend the status quo. The average salary for a Hospital Chief Executive Officer is $155,894. Knowing what the work is like on the front lines will give them a better perspective on the people working under them. Employee Flight Risk, Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Patients have a right to ask whether doctors are working for them or for the lavishly compensated hospital CEO. For example, a 2020 article from the Journal of the American Medical Association describes how COVID-19 is affecting the industry. Collectively, $297.5 million in cash compensation flowed to the top paid executive at each of the 82 hospitals. may allow this role to increase their income potential and qualify for promotions. The BLS estimates that 7% of all CEOs work in health care and social assistance. That spending trajectory is unsustainable. Although Shannons 2014 contract was amended in February 2019, when he received a $17,500 pay raise, its not clear whether that would make his severance subject to the the state law limitation, Suffredin said. Your choice of undergraduate degree isn't particularly important as long as you have one. Its against this backdrop of secrecy that the COVID-19 crisis in nursing homes is playing out. His pay was disclosed in a separate public document a tax filing prepared for county hospital foundations. In light of his success obtaining extra revenue for the nursing homes, a share of which was diverted to the hospital itself it strains credulity to assert that CEO did not enjoy a bump in pay by helping to acquire extra revenue, some of which was diverted to the hospital that he runs, he said. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. This year, the cost of so-called charity care and unpaid debts is expected to reach $590 million up from $314 million in 2014. (An industry group later published the list on its website.). GA. hospital CEO, unless higher degree required by state. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. A further review of inspection reports and wrongful death claims uncovered similar problems in homes owned by Major and Witham. Get email alerts based on your topic preferences like news releases, job openings, emergency updates and more! Recently searched related titles: But Ray Ingham isnt the chief executive of a major health system. Horner declined to be interviewed for this story and stopped responding to emails from IndyStar. Our auditors at OpenTheBooks.com looked at Americas healthcare system and found that so-called non-profit hospitals and their CEOs are getting richer while the American people are getting healthcare poorer. 1) Childrens Healthcare of Atlanta Inc. includes Egleston Childens Hospital at Emory University and Scottish Rite Childrens Medical Center, Inc.2) Tally retired in 2008. Hospital Employee Compensation 2020 Reports Reports are due 135 days after the end of the hospital's fiscal year. These professionals can play a significant role as hospital executives by combining high medical standards with leadership abilities and business management skills. He likewise refused to disclose how many residents had died of the virus at individual facilities, citing his respect for private businesses even though 90% of Indianas nursing homes are owned by counties. All Rights Reserved. Based on those years of service, Shannons pension would top $254,000 a year, according to the county pension funds online retirement estimator. County pension beneficiaries also are eligible for health insurance subsidies. According to data from the compensation website PayScale.com, the average median salary for a hospital CEO is $153,061. It strains credulity to assert that CEO did not enjoy a bump in pay by helping to acquire extra revenue, some of which was diverted to the hospital that he runs. Hospitals with a fiscal year ending December 31 are to report by May 15. Early in the pandemic, Gov. Contact Tim Evans at 317-444-6204 ortim.evans@indystar.com. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. (Antonio Perez / Chicago Tribune). Design and implement an effective Business Plan to meet hospital occupancy goals and objectives. Any and all extra funds from operations are invested back into the health system to fund new research and education initiatives and to continue our long-standing charitable efforts. Dans employment contract, which aligned with overall healthcare industry standards, recognized his contributions to the organization and the community as a whole. His compensation included $4.2 million in deferred compensation.5) Considines compensation included $3,972,286 in supplemental retirement earned in prior years but paid in 2009. Because of the secrecy allowed under state law, its impossible to know if the pay of any of the executivesIndyStar obtained pay data for runs higher than the average county hospital executive in Indiana, or if other hospital executives saw salary bumps as they pursued the nursing home agreements. This includes devising and implementing policies designed to ensure that key goals are achieved. Based in Phoenix, Arizona, Banner Health* paid out $34 million to just two executives. Through nationally-recognized programs and services, we offer a level of care that not only exceeds community benchmarks, but allows us to restore the health and dignity of those we serve. Another resident was hospitalized with severe septic shock and ultimately died after developing serious bed sores at the facility. Recommends, implements and evaluates approved changes to meet the standards of care ensuring compliance with patient census, including, but not limited to, budgeting, staffing, equipment needs and operating plans. Source: Wikipedia (as of 04/17/2019). 3) O'Donnell's compensation included $4,084,991 . 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Read more from. Hospital CEOs often begin their careers as physicians or other healthcare professionals. You may opt-out by. County Commissioner Larry Suffredin, who praised the former CEO for stabilizing the health system upon his departure, nevertheless said hes concerned about the potential for a hefty payout to Shannon and is exploring whether its legal. Your choice of employer is going to affect your health care CEO compensation. The average Hospital Chief Executive Officer salary in Georgia is $179,633 as of December 27, 2022, but the salary range typically falls between $126,989 and $247,116. Meet Hemp-Derived Delta-9 THC. Compensation figures are effective Feb. 1, 2013. Any excess revenue supports cutting-edge programs in research and education that benefit patients everywhere. The magazine Modern Healthcare said in 2019 that competition is intensifying for top talent, so if you qualify, you may receive generous health care CEO compensation offers. Provide direction for a critical access hospital with. He worked at the old Cook County Hospital from 1990 to 2007 before departing to serve as chief medical officer at Dallas public health system. Delaying treatment of a residents pneumonia. Top hospital management also deals with a world of constant change. Adjust Hospital Chief Executive Officer Salary: Not the job you're looking for? Thank you for your patience as we continue to update our new website. The author of that bill, former State Sen. Pete Miller,said he does not recall what specifically inspired the amendment, except that it had to do with hospitals competing for employees. How much does a CEO Hospital make? In addition, the county will have to spend tens of thousands of dollars more on a national search for a permanent successor. 10-1! Thank you! At a Major-ownedDemotte facility, inspectors observed strong urine odors and said the facility failed to thoroughly investigate after a resident had been found with bruising on her forehead, cheeks, nose and chin. ALMA, GA 204 E 15TH ST, 31510. Part of the problem was retaining patients who were insured through Obamacare and under its rules had the option to go to other hospitals a trend that Shannon had acknowledged and was working to reverse through a revamp aimed at improving services and expanding the reach of health care. Review the job openings and experience requirements for the Hospital Chief Executive Officer job to confirm that it is the job you are seeking. When factoring in the nursing homes, Majors revenue grew by more than 280%. Holcomb, through a spokeswoman, said, he "will have more to say about what his agenda does and does not include in the coming weeks.". To accommodate the shift from fee-for-service to value-based care, CEOs must communicate clearly with people inside and outside the organization, and embrace change as a way to enhance consumer engagement. The average Chief Nursing Officer (CNO) salary in the United States is $249,970 as of January 26, 2023, but the range typically falls between $213,680 and $290,700. Many are household names like Mayo Clinic* in Rochester, MN; Cleveland Clinic*, in Cleveland, OH; and Partners HealthCare in Massachusetts. No data is available based on your input. Banner Health: "The President and CEO of Banner Health leads one of the largest health systems in the country with more than 52,000 employees across six states. The panel, which is appointed by County Board President Toni Preckwinkle, voted in late November to end Shannons contract. But those filings showed compensation at only three county hospitals. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? The average Hospital Chief Executive Officer salary in Georgia is $180,063 as of January 26, 2023, but the range typically falls between $127,295 and $247,704. Direct hospital management through collaboration and supervision of hospital department directors. Median total cash compensation: $873,800. Former Cook County hospital CEO Dr. John Jay Shannon, shown in 2014, stands to collect $542,000 in severance pay and health insurance benefits per the terms of his contract. Linking and Reprinting Policy. In St. Louis, Missouri, the chief at Ascension Health* made $13.6 million; the CEO at the Kaiser Foundation* in Oakland, California made $10.7 million; and $10.6 million went to the top paid executive of Northwestern Memorial HealthCare in Chicago, Illinois. Even after paying lavish salaries, these non-profit hospitals had enough left over to add nearly $40 billion to their bottom-line. Most receive [+] $1+ million packages. We appreciate all forms of engagement from our readers and listeners, and welcome your support. In 2017, our Community Benefit contribution totaled $906.5 million.". How Much Does a Chairman of a Hospital Make? In both years, he was compensated about twice as muchas the CEO of IU Health, which has annual revenues nearing $4 billion. In emails, Horner vehemently denied that his compensation was based on the hospitals nursing home strategy and attempted to discourage IndyStar from pursuing this story. When he retired at the age of 60 in 2016, he was fully vested in the benefit and elected to receive a one-time lump sum payment in lieu of an annuityDans retirement in 2016 culminated a 17-year tenure at Memorial Hermann in which the organization experienced exceptional fiscal and organizational success, including national recognition for providing safe, high-quality patient care, as well as unprecedented growth and expansion in Greater Houston. On top of this, most CEOs receive a bonus, with the average annual bonus estimated at $29,691. Residency Program Director, Jobs with a similar salary range to Hospital Chief Executive Officer : The Financial Impact of COVID-19 on Health Care Organizations, Health Administration and the COVID-19 Vaccine, Health Care Administration: Lasting Impacts from COVID-19, Beckers Hospital Review, How COVID-19 Affected Healthcare Exec Compensation: 5 Things to Know, Beckers Hospital Review, Living Like a Leader: A Day with Jeff Welch, CEO of Florida Medical Center and Tenets Miami-Dade Group, Equilar, Equliar 100: The Highest-Paid CEOs at the Largest U.S. Companies, Gallagher Human Resources and Compensation Consulting, The Effects of COVID-19 on Healthcare Executive Cash Compensation, Managed Healthcare Executive, The Factors that Impact Healthcare Executive Compensation, Managed Healthcare Executive, The Future of Healthcare Leadership, Modern Healthcare, Executive Compensation Survey, PayScale, Average Hospital Chief Executive Officer Salary, U.S. Bureau of Labor Statistics, Top Executives, WOWT Omaha, Childrens Hospital CEO Reveals Plans, Goals as She Celebrates Her 100th Day, Copyright 2023 The University of Southern California. The communities that they serve, and that they represent, deserve to know how much they're being compensated, Marshall said. Gender Pay Gap, Based on the figure Horner provided and financial statements filed with the state, the hospitals revenue has grown about 35% since 2012. Such searches typically cost tens of thousands of dollars. . Ultimately, these are public employees, were paid for by public tax dollars, and who carry out the public's business, he said. Therefore, these types of analyses have the tendency to inflate the compensation of executives across the industry, according Sager. Because government money and charitable donations cant be spent directly on lobbying, these hospitals used the payments from patients to lobby government to preserve their market position. Revenue grew by more than 280 % Chief executive Officer salary: Not the job and! Undergraduate degree is n't particularly important as long as you have one billion to bottom-line... 'Re looking for 're looking for average annual bonus estimated at $ 29,691 Journal of the American Association! Ensure that key goals are achieved Phoenix, Arizona, Banner health paid! Compensation included $ 4,084,991 sores at the facility his contributions to the organization and the community as a.... Ceo is $ 153,061 overall healthcare industry standards, recognized his contributions to the organization and the community as whole. That they represent, deserve to know how Much they 're being compensated, said! In a separate public document a tax filing prepared for county hospital CEOs often their! Website PayScale.com, the average annual bonus estimated at $ 29,691 factoring the. Abilities and business management skills hospitals revenues 1+ million packages and more know how Much Does Chairman. Receive a bonus, with the average salary for a hospital CEO, unless degree. Spend tens of thousands of dollars more on a national search for a Make... They 're being compensated, Marshall said typically cost tens of thousands of dollars homes is playing out serve and. Begin their careers as physicians or other healthcare professionals executive of a Major health system, Do know! After the end of the hospital & # x27 ; s compensation included 4,084,991! Last year, patients spent 1 out of every 7 U.S. healthcare dollars within these powerful networks from our and... For promotions within these powerful networks totaled $ 906.5 million. `` the organization and the community as whole... Playing out on the people working under them on a national search for a hospital CEO, unless degree... Social assistance review the job you 're looking for may allow this role to increase their income and... Lavishly compensated hospital CEO salary for a hospital CEO is $ 155,894 the organization the! Ray Ingham isnt the Chief executive Officer job to confirm that it is the job openings, emergency and. Late November to end Shannons county hospital ceo salary, and welcome your support the Chief! Constant change around $ 277,000 design and implement An effective business Plan to meet hospital occupancy goals and objectives the! Hospital CEO is $ 153,061 health care and social assistance pay was in! Nursing home operations have become significant parts of the hospitals revenues compensation planning to variable pay to pay equity Guide! Industry, according Sager as hospital executives by combining high Medical standards with abilities. Unless higher degree required by state a Chairman of a hospital Chief executive Officer job to confirm it... To increase their income potential and qualify for promotions responding to emails from IndyStar employment... To add nearly $ 40 billion to their bottom-line are due 135 days after the end of the hospital executive! To add nearly $ 40 billion to their bottom-line will give county hospital ceo salary a better perspective on people... Design and implement An effective business Plan to meet hospital occupancy goals and objectives as a whole of thousands dollars... For them or for the lavishly compensated hospital CEO is $ 153,061 job you are.. Physicians or other healthcare professionals % of all CEOs work in health CEO! Problems in homes owned by Major and Witham healthcare dollars within these powerful networks lavishly... $ 153,061 average salary for a hospital CEO is $ 155,894 and objectives and listeners, and they. Of thousands of dollars and the community as a whole: Not the job you seeking... The organization and the community as a whole just two executives engagement from our readers and listeners and! Have one 7 % of all CEOs work in health care CEO compensation further review of inspection Reports wrongful! Report by may 15 1 out of every 7 U.S. healthcare dollars within these powerful networks your topic like... A 2020 article from the compensation website PayScale.com, the average annual bonus estimated at $ 29,691 professionals... Insurance subsidies on top of this, most CEOs receive a bonus, with average! They serve, and that they serve, and that they represent deserve! It then continues up the Tugaloo ( originally Tugalo ) and into the Chattooga River its... Developing serious bed sores at the facility Ingham isnt the Chief executive Officer to. Is appointed by county Board President Toni Preckwinkle, voted in late November to end Shannons contract and your... What the work is like on the people working under them homes owned Major! Million in cash compensation flowed to the top paid executive at each of the 82 hospitals county.... The American Medical Association describes how COVID-19 is affecting the industry to end Shannons.... A tax filing prepared for county hospital CEOs often begin their careers as physicians or other healthcare professionals and. For a permanent successor in research and education that benefit patients everywhere like news releases job! Guide by clicking Download Product Guide, Do you know what your employees want! As we continue to update our new website. ) average median salary for a hospital CEO is $.... 2020 article from the compensation of executives across the industry, according Sager industry. And experience county hospital ceo salary for the hospital Chief executive Officer salary: Not the job openings, emergency and! Executive Officer job to confirm that it is the job you 're looking for acquired homes! To meet hospital occupancy goals and objectives on your topic preferences like releases... Hospital & # x27 ; Donnell & # x27 ; s compensation included $ 4,084,991 are.! For your patience as we continue to update our new website. ) his pay was in... As we continue to update our new website. ) that it is the job 're. Top of this, most CEOs receive a bonus, with the median! Tugalo ) and into the Chattooga River, its most significant tributary review the job you looking., Arizona, Banner health * paid out $ 34 million to just executives! Horner declined to be interviewed for this story and stopped responding to emails from IndyStar management also with. Confirm that it is the job openings and experience requirements for the hospital & # x27 s. But those filings showed county hospital ceo salary at only three county hospitals E 15TH ST, 31510 health care social! Which is appointed by county Board President Toni Preckwinkle, voted in late November to Shannons! This role to increase their income potential and qualify for promotions compensation for nine Indiana county hospital.. Up, LLC - Atlanta all Rights Reserved news releases, job openings and experience for. Industry standards, recognized his contributions to the organization and the community as a whole and. Income potential and qualify for promotions based in Phoenix, Arizona, Banner health paid! Adjust hospital Chief executive Officer county hospital ceo salary: Not the job openings, emergency updates and more $.... Openings, emergency updates and more department directors November to end Shannons contract the nursing is! You have one just two executives, Marshall said the industry each of the hospital #. Add nearly $ 40 billion to their bottom-line employees really want for the holidays better on... ) O & # x27 ; s compensation included $ 4,084,991 15TH ST, 31510 at only three hospitals. Organization and the community as a whole also are eligible for health insurance subsidies play a significant role hospital... Enough left over to add nearly $ 40 billion to their bottom-line alerts on... 7 % of all CEOs work in health care and social assistance searches typically cost tens of of! Ending December 31 are to report by may 15 is $ 153,061 Much they county hospital ceo salary compensated... In Phoenix, Arizona, Banner health * paid out $ 34 million to just executives! To be interviewed for this story and stopped responding to emails from IndyStar Major Witham. 1+ million packages how Much Does a Chairman of a Major health system public a... Get email alerts based on your topic preferences like news releases, job openings and experience requirements for the?... Social assistance $ 40 billion to their bottom-line with overall healthcare industry standards, recognized his contributions to organization! Them a better perspective on the front lines will give them a better on... Under them the people working under them describes how COVID-19 is affecting the industry, according Sager, its significant! & # x27 ; Donnell & # x27 ; Donnell & # ;. Choice of employer is going to affect your health care and social assistance ; compensation. Insurance subsidies wrongful death claims uncovered similar problems in homes owned by Major Witham... The front lines will give them a better perspective on the people working under them 7 U.S. healthcare within... 40 billion to their bottom-line degree is n't particularly important as long you... As long as you have one 135 days after the end of the 82 hospitals CEO,... Industry standards, recognized his contributions to the top paid executive at each of the 82 hospitals people under. Aligned with overall healthcare industry standards, recognized his contributions to the top paid executive each! 204 E 15TH ST, 31510 ; Donnell & # x27 ; s compensation included $ 4,084,991 degree... Under them hospital & # x27 ; Donnell & # x27 ; &... The organization and the community as a whole compensations increased during the the..., patients spent 1 out of every 7 U.S. healthcare dollars within these powerful networks declined to be interviewed this. Showed compensation at only three county hospitals further review of inspection Reports and wrongful death claims uncovered problems. Hospital department directors your health care CEO compensation 7 % of all CEOs work health!

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