a Hospital Chief Executive Officer Salary in Bergenfield, NJ is $214,923 as of February 27, 2023; a Hospital Chief Executive Officer Salary in Meridian, MS is $165,371 as of February 27, 2023. The report's figures include the base salary and a bonus, with the base salary comprising 68% to 76% of the pay. The study, published in Health Affairs Feb. 10, found the gap between CEO pay and average worker pay varied widely. He heads the affiliated Bronx-based Montefiore Health System, which includes 10 hospitals and 190 other health provider sites, including several throughout the Hudson Valley, according to the systems website. As with other CEOs, they may receive bonuses, shared profits, or commissions on top of this base salary. The CEO is in charge of making sure the hospital is adequately staffed. The system has a $1.5 billion budget and nearly 8,000 employees. President and CEO of North Shore University Hospital on Long Island. . These CEOs earned a much higher average of $1.7 million per year. They are Eric Janis, Ravish Sachar and Matthew Hook, who each made nearly $1.6 million in compensation. The cost of living is tied to salaries. Their duties tend to focus on the business and legal aspects of healthcare, and this requires specialized education and exceptional nurse leadership skills. -. How Revenue is Spent at the AFL-CIO(2020), $4,822,512: Thomas Beeman, COO Regional Operations UPHS (Note: paid by a related organization), $3,537,020: Dr. Amy Gutman, President, Ex-Officio, Trustee, $2,756,698: Larry Jameson, EVP UPHS and Dean of PSOM, $1,992,782: Thomas L Spray, MD, CHOP Surgeon, $1,951,261: Michael Sean Grady, MD Surgeon, Otorhinolaryngology, $1,751,381: Peter Ammon, Chief Investment Officer, $1,730,564: William C Welch, MD, Neurosurgeon, $1,664,227: Paul Marcotte, MD, Neurosurgeon, $1,612,634: Scott Adzick, MD, CHOP, Surgeon, $1,502,742: Peter D Quinn, MD, DMD, SVP, Vice Dean Prof Services, UPHS, $1,487,450: Kevin Mahoney, EVP Program Development, Executive Vice Dean, $1,169,574: Elizabeth B Johnston, Executive Director, CPUP, $1,131,179: Phillip Okala, SVP Business Development, UPHS, $ 865,001: Patrick Brennan, MD, SVP and Chief Medical Officer, $ 829,960: Wendy White, SVP and General Counsel, $ 766,510: John Zeller, VP Development and Alumni Relations, $ 761,669: Gail Morrison, Vice Dean, Education PSOM, $ 663,598: Rebecca Cooke, VP Admin PSOM (thru 6/16), $ 593,737: Gregory Rost, VP and Chief of Staff, $ 573,576: Thomas Murphy, VP Info Systems and Computing, $ 529,078: Stephen Golding, VP Finance and Treasurer (thru 2/16), $ 520,621: Anne Papageorge, VP Facilities and Real Estate, $ 514,975: Stephen J McCarthy, VP Communications, $ 504,004: Arthur Rubenstein, Former EVP and Dean of PSOM, $ 482,999: John Heuer, VP Human Resources, $ 447,466: Joann Mitchell, VP Institutional Affairs, $ 446,335: Bonnie Gibson, VP Budget and Management Analysis, $ 434,986: Jeffrey Cooper, VP Government and Community Relations, $ 431,735: Dawn Bonnell, Vice Provost for Research, $ 408,116: Maureen Rush, VP Public Safety, $ 404,759: Marie Witt, VP Business Services, $ 398,699: Leslie Kruhly, VP and Secretary, $ 335,504: Beth A Winkelstein, Vice Provost for Education, $ 292,345: Andrew Binns, Associate Provost, Amy Gutmann, President: Loan in amount of $1,250,000 for recruitment/retention; Balance due is $1,000,000, Eric J Furda, Dean: Loan in amount of $150,000 for recruitment/retention; Balance due is $150,000, Geoffrey M Garrett, Dean: Loan in amount of $150,000 for recruitment/retention; Balance due is $126,786, Pamela Grossman, Dean: Loan in amount of $150,000 for recruitment/retention; Balance due is $131,667, Rvijay Kumar, Dean: Loan in amount of $500,000 for recruitment/retention; Balance due is $500,000, Antonia M Villarruel, Dean: Loan in amount of $500,000 for recruitment/retention; Balance due is $130,357. Organizations making less than $50,000 dont have to file either form but do have to let the IRS theyre still in business via a Form 990N "e-Postcard.". Kimberly Russo is Chief Executive Officer at George Washington University Hospital/The. Linking and Reprinting Policy. 3) O'Donnell's compensation included $4,084,991 . Extracted financial data is not available for this tax period, but Form 990 documents are available for download. Actors Equity Association: How Membership Dues areSpent, Executive Compensation at Actors EquityAssociation, Executive Compensation at Shriners Hospitals(2020). As she was last year, the highest-paid employee in the state was Marna Borgstrom, president and CEO of Yale New Haven Health System, which includes Yale New Haven Hospital, Bridgeport . , It's raising concerns among consumer watchdog groups as well. Salaries, other compensation and benefits: $230,082,864, Highest paid: Jon Schandler, CEO, at $1,799,952, including bonus and incentives of $775,000.\. Mary has been an invaluable adviser to the Hospital and the board since she joined our team, and we are thankful for her expertise, insight and guidance when we needed it most.. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. However, according to Modern Healthcare' 2020 Executive Compensation Survey, hospital CEO median salaries range from about $330,000 to $1.5 million, depending on the hospital's size. Dr. Boutros's salary is below average even with 30 to 40 percent bonuses that we found are not strictly tied to patient care. Small organizations filing a Form 990N "e-Postcard" are not included in this data. David Ingram, MD, is the chief medical executive for the Indiana University Health system. "Although both CEO compensation and worker wage increase in a stepwise fashion as hospital size increases, increase in CEO compensation tends to exceed that of worker pay for larger hospitals, giving them a higher pay equity ratio," according to the authors of the study. Your email address will not be published. The Philadelphia Protection Unit San Antonio, TX Quick Apply $20 Hourly. 'twitter-wjs'); Hospital CEO salaries continue to increase nationwide, Give Light and the People Will Find Their Own Way, A recent study published in the Journal of American Medicine, Ohio State University Wexner Medical Center: $1.1 million, University of Toledo Medical Center; $800,000. Because of this, hospital CEOs get huge salaries and have extremely fulfilling careers. How much do Lehigh Valley doctors and hospital administrators earn? University Health System CEO George Hernndez Jr. has been awarded a nearly 7 percent increase in total compensation, marking his fourth consecutive pay raise and bonus in as many years. Copyright 2021 Pro Publica Inc. Salaries, other compensation and benefits: $138,707,354. It often takes years of experience in healthcare management to become the CEO of a hospital. President, Academic & External Affairs and Chief Scientific Officer University Hospitals Health System. Hospital, General (Health General and Rehabilitative) Nonprofit . In 2020, Neidorff earned $4.7 million in bonuses that contributed to a total yearly earnings of $24.96 million. It is important to note for comparison that the hospital CEO often earns more money than other health executives. all earn at least $900k per year, and into the tens of millions for the largest of hospitals and health systems. Design and implement an effective Business Plan to meet hospital occupancy goals and objectives. Jimenez, who worked at Newark facility as executive director for ambulatory services in 2003-05, recently served as CEO of Florida Health for 8 years. , The IRS Form 990 is an annual information return that most organizations claiming federal tax-exempt status must file yearly. An aspiring CEO may think about a few different areas of study, but two of the most prominent ones are public health and health administration, which both require an MHA degree (an MPH degree). The total pay included $6,414,200 in retirement and deferred compensation, along with other benefits. He partnered with Hern in the merger that created Rochester Regional Health in 2014. Employees: 16,009, of whom4,212 received more than $100,000. The data was gathered from 990 forms hospitals and other non-profits must file with the IRS every year. ProPublica posts new tax forms as they are released by the IRS. Salaries, other compensation and benefits: $65,605,340. Hospital Employee Compensation . Guidestar reported that only one . Avg. CO. Nonprofit Explorer has PDFs of these audits for some nonprofits for fiscal year 2015 and later. Bergenfield, NJ typically sees higher pay than Meridian, MS for Hospital Chief Executive Officer. How much does a Hospital Chief Executive Officer make? Hospital CEO Salaries The BLS estimates that as of May 2020, the median annual salary for CEOs in health care and social assistance was $160,950. Former hospital CEO. President, University Hospitals Rainbow Babies & Children s and MacDonald Women s hospitals. That's the case for Kenneth Samet, the highest-paid hospital employee in Greater Baltimore. In 2020 the company had 111 billion dollars revenue. Employees: 1,349, of whom150 received more than $100,000. See the complete profile on LinkedIn and discover Subho's connections and jobs at similar companies. Here is the average hospital CEO pay per hour by hospital type and the ratio of CEO wage to other workers wage: Copyright © 2023 Becker's Healthcare. The following are some of the most important skills for a hospital CEO. "We have to have a target in terms of financial performance because if you don't make the money you can't be in business," said Silvers. Both Duke and Mission were nonprofit integrated health systems based in North Carolina. Here is the average hospital CEO pay per hour by hospital size and the ratio of CEO wage to other workers wage: Among larger hospitals with 400 or more beds, hourly CEO compensation ranged from $88 to $3,289. This chart shows the salary comparison for Hospital Chief Executive Officer between major cities. Of the 20 at the bottom of the list, 10 are male while 10 are female. Maples, who is expected to leave the hospital, said she will continue to help in any way she can. All Rights Reserved. 2020 Reports Reports are due 135 days after the end of the hospital's fiscal year. Although doctors and other medical professionals may comprise a hospitals key staff, the CEO is the organizations manager. All rights reserved. He is 39. 20th Annual Spine, Orthopedic & Pain Management-Driven ASC Conference, 8th Annual Health IT + Digital Health + RCM Conference, 29th Annual Meeting - The Business & Operations of ASCs, Conference Reviewers: Request for More Information, Beckers Digital Health + Health IT Podcast, Becker's Ambulatory Surgery Centers Podcast, Becker's Cardiology + Heart Surgery Podcast, Current Issue - Becker's Clinical Leadership & Infection Control, Past Issues - Becker's Clinical Leadership & Infection Control, Revenue Cycle Management Companies in Healthcare to Know, Hospitals and Health Systems with Great Neurosurgery and Spine Programs, Hospitals and Health Systems with Great Heart Programs, 50 hospitals and health systems with great orthopedic programs headed into 2023, 100 of the largest hospitals and health systems in America | 2023, 60 hospitals and health systems with great oncology programs headed into 2023, 150 top places to work in healthcare | 2019, Texas hospital set to close, asks University Health to take over, 20+ US hospitals among Newsweek's top 100 global hospitals, Nurse impostor treated patients for 15 years, police say, Some innocent nurses may be caught up in degree scheme, 8th Annual Becker's Health IT + Digital Health + RCM Annual Meeting, Average hospital CEO compensation per hour: $130, Ratio of CEO wage to other workers wage: 6:1, Average hospital CEO compensation per hour: $179, Average hospital CEO compensation per hour: $239, Ratio of CEO wage to other workers wage: 8:1, Average hospital CEO compensation per hour: $335, Ratio of CEO wage to other workers wage: 10:1, Average hospital CEO compensation per hour: $517, Ratio of CEO wage to other workers wage: 14:1. In this article, we will see about What Are The Salaries Of Hospital CEOs?.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'howigotjob_com-medrectangle-3','ezslot_3',190,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-medrectangle-3-0'); This covers both ongoing operations and long-term planning and strategy, including creating a quality of care for patients and guaranteeing the hospitals financial stability. Salaries, other compensation and benefits: $54,039,278. Let's say, hypothetically, that the new CEO was hired in 2015, making $1 million, By 2019, they were making $2 million, doubling their salary in five years, a trend you can only detect when. Analyze the market and your qualifications to negotiate your salary with confidence. Highest paid: David Freed, president and CEO thru Sept. 20, 2014,at $692,226. Salary. Highest paid: Lawrence Levine, CEO, at $1,701,471, including bonus and incentives of $75,000. 'http':'https';if(!d.getElementById(id)){js=d.createElement The University of Pennsylvania (Penn) is a private research university in Philadelphia that is also a member of the Ivy League. Keeping good relations with the general public may also be part of the hospital CEOs job description. Average hospital CEO compensation per hour: $529 Ratio of CEO wage to other workers wage: 14:1 Minor teaching hospital Average hospital CEO compensation per hour: $292 Ratio of. Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Read the IRS instructions for 990 forms. From 1998 to 2005, he was chief medical officer. Baptist Medical Center in San Antonio has appointed Benjamin Richaud as CEO. has been collecting compensation information from each hospital. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $131,893 to $256,645 with the average total cash compensation of $186,565. The resulting system of five hospitals is now Rochester Regional Health, which includes 150 total provider sites, according to the systems website. Clements base salary was $750,257 in 2014. Some hospital systems may also offer additional chances for profit sharing. Silvers is also a MetroHealth board member and helped determine Dr. Boutros's salary. At UCHealth, the most compensated executive makes $700,000, annually, and the lowest compensated makes $50,000. Read Bio. The Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience. Or its just a combined list of comp regardless of what side a person works on? He was paid $1,570,699 in bonuses and incentives. The ultimate hospital CEO salary depends on a variety of factors. Financial: Data from Consolidated financial statement as of 2017-12-31. Healthcare Finance News reported that hospital CEO salary on average was about "$274,300 for hospitals with revenue up to $49.9 million. Your email address will not be published. Employees: 2,839, of whom516 received more than $100,000. The Newark hospital's board voted unanimously at a. 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. If you have used our data or site in your research or reporting, add credit and a link to Nonprofit Explorer in your story or publication and let us know. The Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience. Silvers argues those surveys may be misleading. Daniel I. Simon, MD. At the same time, both prominent medical researchers and consumer advocates are warning that multi-million dollar salaries are linked to profit and growth instead of patient care. $54,560 / yr. Research Assistant salaries - 84 salaries reported. Sign up to get ProPublicas biggest stories delivered straight to your inbox. These executives frequently hold doctoral degrees, like an MHA or MPH. Executive compensation: The Mayo Clinic announced in August that Dr. Gianrico Farrugia would succeed Dr. John Noseworthy as . Creates an atmosphere conducive to information sharing and effective assessment that allows for real time research and adaptive behavior. The average salary of Hospital Chief Executive Officer is $186,565, and the average salary of Chief Executive Officer is $814,273. This individual must have a passion for nursing Encompass Health - Charlottesville The American Hospital Association reports 1 in 3 hospital nationwide are losing money and hospital finance experts that's underscoring the need to pay high salaries for the right CEO. The 41 most highly compensated individuals were reported to be: The list above reveals that of the 40 most highly compensated individuals directly compensated by Penn, 27 (or 68%) are male while 13 (or 32%) are female. University Specialty Hospital: 184,285: . Employees: 1,307, of whom218 received more than $100,000. Privacy Policy. Employees: 1,392, of whom229 received more than $100,000. Get the latest market price for benchmark jobs and jobs in your industry. Residency Program Director, Jobs with a similar salary range to Hospital Chief Executive Officer : Hern worked at Unity Health since 1977. Highest paid: Edward Dinan, president and CEO, at $1,707,780, including bonus and incentives of $823,032. 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. The board also conducted two listening sessions with stakeholders and community members to hear their input regarding characteristics the ideal candidate would possess. His base salary was $1,373,402 in 2014. A recent study published in the Journal of American Medicine found no association between CEO pay and patient care. Close cooperation with the chief financial officer may be necessary for this. TX. Ed Jimenez, a Florida hospital executive who previously held top positions at three northern New Jersey health systems, on Thursday was named CEO of University Hospital in Newark. Depending on the hospital or system, the particular educational qualifications for a CEO can vary, although typically the CEO is required to hold a masters degree at the very least.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-leader-4','ezslot_19',602,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-leader-4-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-leader-4','ezslot_20',602,'0','1'])};__ez_fad_position('div-gpt-ad-howigotjob_com-leader-4-0_1');.leader-4-multi-602{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:250px;padding:0;text-align:center!important}. Develop staff through timely feedback and use of appropriate Human Resource policies to foster and facilitate the ability of staff to achieve highest level of professional growth and performance. Safyers base salary was $1,464,159 in 2014. Search thousands of open positions to find your next opportunity. All Rights Reserved. All Rights Reserved. Anita L. A. Jenkins became CEO of Howard University Hospital in February 2020, at a most challenging time for healthcare. Taxable trusts and private foundations that are required to file a form 990PF are also included. Learn more about: Compensation Packages, . Salaries, other compensation and benefits: $114,237,304. In a hospital context, the CEO is in charge of the bigger picture, which includes ensuring the company maintains profitability while also delivering the best possible patient results. MT. The remaining expenses include $492 million in office expenses, $473 million in medical supplies, $417 million in fees for services, $408 million in grants (of which $403 million was for domestic students), $185 million in other expenses (i.e. See the list , The data powering this website is available programmatically, via an API. The analysis supported previous research showing hospital CEOs are compensated primarily for the volume of patients entering their hospitals. The average Hospital Chief Executive Officer salary is $186,565 as of February 27, 2023, but the salary range typically falls between $131,893 and $256,645. The District of Columbia Nurses Association . Once again, many factors may have an impact on these high salaries. Employees: 829, of whom63 received more than $100,000. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. At UF Health, Jimenez was responsible for the operations at a 1,000-bed health system anchored by an 850-bed, nationally known academic medical center. But a check with a federal database of patient satisfaction levels and quality measures at hospitals across the country found MetroHealth fell below the national average. Mr. A hospital CEO can be quite helpful in getting the hospital ready for a planned survey or accreditation visit. NEWARK, NJ - University Hospital (UH), the State's only public acute care hospital, announced today that it has appointed Mary K. E. Maples, Esq. Of the 20 most highly compensated individuals, 17 (85%) are male and 3 (15%) are female. Continue with Recommended Cookies. Corwin was hired at New York-Presbyterian in 1979. The Internal Revenue Service is substantially delayed in processing and releasing nonprofit filings, so documents available here may not be the most recent an organization has filed. , The IRS Form 990 reports Penn paid for first class or charter travel, travel for companions, participated in tax indemnification and gross up payments, provided housing allowances or residence for personal use, paid for health or social club dues or initiation fees, and paid for personal services (i.e.
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