A 2018 study in the Clinical Orthopaedics and Related Research journal found that pay increases for CEOs and other hospital executives have grown steadily throughout the 21st century. In 2013, Withams CEO, Ingham, told the Indianapolis Business Journal that the money allows critical-access hospitals and rural-independent hospitals, like Witham, to remain solvent in a very competitive marketplace.. The communities that they serve, and that they represent, deserve to know how much they're being compensated. But Ray Ingham isnt the chief executive of a major health system. An IndyStar investigation published in March, Your California Privacy Rights/Privacy Policy. 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. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Hes a local government employee, the chief executive of Witham Health Services, a county hospital in rural Boone County whose motto is Small Hospital, Big Medicine.. That year, the median compensation for nine Indiana county hospital CEOs was around $277,000. 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. Privacy Policy. 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. Debra Carey, Shannons former deputy, was elevated to interim CEO and given a 10% raise, to $461,000 a year. Indiana nursing homes generate hundreds of millions of dollars in extra Medicaid funds that are used at county hospitals instead. 14d. Information about salary and compensation of officers and employees of special districts (including South Coast AQMD) is posted on the State Controller's Government Compensation in California (GCC) website. That year, according to tax filings and an APRA response, Horner made $369,821, Ingham made. 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. Compensation data tools, salary structures, surveys and benchmarks. A further review of inspection reports and wrongful death claims uncovered similar problems in homes owned by Major and Witham. The two exceptions were. 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. The reductions in hospital CEO salaries typically range from 10% to 30% but are as high as 50% in rare instances. Adjust Hospital Chief Executive Officer Salary: Not the job you're looking for? The law also only applies to contracts approved, renewed or renegotiated after Jan. 1, 2019. We encourage organizations to republish our content, free of charge. Almost all of the county hospitals rejected requests for copies of contracts between the hospitals and the organizations that run the day-to-day operations at the nursing homes. 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. Stephens County Hospital has 172 employees, of which 48 are in a leadership position. But those filings showed compensation at only three county hospitals. 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. Combined, the documents paint an interesting if incomplete picture of executives whose salaries continued to rise with no apparent link to the quality of care at the nursing homes they rushed to buy. That study said the average nonprofit hospital CEO earned $600,000 annual, although the median compensation was $405,000. Find out what's new at our hospital. Horner and Ingham typically made more money than Gutwein, the former executive director of Marion Countys HHC who until recently managed the largest public health system in the state with an annual revenue of $1.8 billion. Note: listed below are responses to our request for comment from all charitable hospitals mentioned in this article. 714-871-3280. Source: Wikipedia (as of 04/17/2019). The role of hospital chief executive officer (CEO) affords you the ability to pursue a unique kind of professional achievement. Several CEOs told Becker's Hospital Review in 2020 about what they consider the key parts of their job duties: If you're aspiring to earn a health care CEO salary someday, the MHA Online website says you need to meet the education requirements. 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. Here are 16 statistics from the survey on salary and total cash compensation for hospital and health system CEOs. We found payouts as high as $10 million, $18 million and even $21.6 million per CEO or other top-paid employee. All Rights Reserved. Average total cash compensation: $944,300. Horner said via email that Major uses consultants and available compensation data to create salary ranges for all positions.. 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. Source: Wikipedia (as of 04/17/2019). One You. Hospitals with a fiscal year ending June 30 are to report by November 15. Non-Profit Hospitals, Quantifying Government Payments and Financial Assets specifically looked at large nonprofits organized as charities under IRS Section 501(c)3 with the mission of delivering affordable healthcare to their communities. His 2009 compensation was earned in prior years. Collectively, $297.5 million in cash compensation flowed to the top paid executive at each of the 82 hospitals. Any top-level position at a large, bustling organization puts high-pressure demands on the person who fills it. CUMBERLAND COUNTY HOSPITAL SYSTEM INC PO BOX 2000, FAYETTEVILLE, NC 283022000 www.capefearvalley.com Total Revenue $1,149,399,604 Total Expenses $1,118,905,731 Net Assets $557,017,569 Organizations Filed Purposes: CUMBERLAND COUNTY HOSPITAL SYSTEM, INC. Hospital Administrator / CEO. From the $3.5 million salary paid to Indiana University mens basketball coach Archie Miller to the $27,000 paid to the Ohio County custodian, Hoosiers have access to all other public employee salaries. Your choice of undergraduate degree isn't particularly important as long as you have one. Average . photo credit: [+] Getty. GA. Shannon returned to Cook County as an executive in 2013 and was elevated to CEO in 2014. 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, Digital Health + Telehealth Virtual Event, 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, California hospital CFO resigns after 5 days, Undercover agents bought fake nursing degrees with no medical experience, Michigan nurse found guilty in 3-year-old patient's death, Lab leak likely caused pandemic, US energy department says, Hospital margins see no relief to start the year, UPMC, top surgeon to pay $8.5M to settle whistleblower suit, 8th Annual Becker's Health IT + Digital Health + RCM Annual Meeting, Average hospital CEO compensation per hour: $529, Ratio of CEO wage to other workers wage: 14:1, Average hospital CEO compensation per hour: $292, Ratio of CEO wage to other workers wage: 9:1, Average hospital CEO compensation per hour: $197, Ratio of CEO wage to other workers wage: 7:1, Average hospital CEO compensation per hour: $319, Average hospital CEO compensation per hour: $160, Ratio of CEO wage to other workers wage: 6:1. "And that becomes the comparable standard.". How many CEOs get poached, how many C-suite employees get poached? We reached out for comment, context, and feedback to each hospital and responses (noted by an asterisk) are posted at the base of this article. That year, according to tax filings and an APRA response, Horner made $369,821, Ingham made $479,036 andHHCs Matthew Gutwein made $328,000. With a $517,500 yearly salary, Shannon was the highest-paid official in Cook County government. The industry landscape ranges from multimillion-dollar health care systems down to small rural hospitals struggling to stay above water. Cookie Policy. Similar staffing problems were found at some of Withams facilities. The average salary for a Hospital Chief Executive Officer is $155,894. The state changed its policy in July, but only after federal regulators required the information be made public and the states nursing home lobby expressed approval. Contact IndyStar reporter Tony Cook at 317-444-6081 ortony.cook@indystar.com. Baseline statistics from the survey are consistent with a recent study in JAMA Internal Medicine. We will update this piece with further responses, if any. Source: Based on 2009 hospital tax returns, KHN analysis. Receive information about the benefits of our programs, the courses you'll take, and what you need to apply. Let us know at KHNHelp@kff.org, Hospital Investigated for Allegedly Denying an Emergency Abortion After Patient's Water Broke, Medicare Fines for High Hospital Readmissions Drop, but Nearly 2,300 Facilities Are Still Penalized, This Open Enrollment Season, Look Out for Health Insurance That Seems Too Good to Be True, What Looks Like Pot, Acts Like Pot, but Is Legal Nearly Everywhere? CINCINNATI CHILDRENS HOSPITAL MEDICAL CENTER, Christopher J. Durovich President & CEO, CHILDRENS HOSPITAL OF WISCONSIN, MILWAUKEE, CHILDRENS HOSPITALS & CLINICS, MINNEAPOLIS, COOK CHILDRENS MEDICAL CENTER, FORT WORTH, CHILDRENS HOSPITAL OF ALABAMA, BIRMINGHAM, ARKANSAS CHILDRENS HOSPITAL, LITTLE ROCK, CHILDRENS HOSPITAL MEDICAL CENTER, AKRON. They work to ensure all those in need can successfully navigate the health care environment and experience positive health outcomes whenever possible, as Chanda Chacon, CEO of Childrens Hospital in Omaha, Nebraska, describes. The estimated total pay for a Hospital Ceo is $121,678 per year in the United States area, with an average salary of $85,905 per year. Executive Master of Health Administration Online. The average Hospital Chief Executive Officer salary is $186,111 as of January 26, 2023, but the salary range typically falls between $131,571 and $256,025. Review the job openings and experience requirements for the Hospital Chief Executive Officer job to confirm that it is the job you are seeking. 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. Experience in the industry is essential. Non-Profit Hospitals. So how did IndyStar discover that a county hospital executive in Boone Countypulled down $8 million in a year? A 2019 Forbes report found only eight of 82 nonprofit hospitals paid their CEO less, and some paid as much as $21 million. Hospital management has to deal with these financial challenges to keep their organizations open. Base Salary. 10-1! Becker's Hospital Review reported in 2017 that the industry includes more than 5,000 hospitals across the United States. Learn how USCs Executive MHA program helps clinical and management professionals develop the knowledge and skills to fill leadership roles in the competitive health care environment. Some county commissioners said privately they were concerned about one of Shannons approaches to that issue, which involved criticizing private hospitals for not doing enough to care for uninsured patients, rather than seeking a cooperative approach. A consumer-centric approach to health care requires that hospital CEOs be more inventive, collaborative and value-focused. Failing to order a ventilator for a woman who later died. Its important to note, not everything on khn.org is available for republishing. Its unclear whether that law would apply to Shannon, however. Today, estimates suggest the soaring cost of healthcare will consume 20 percent of our GDP. Cookie Policy. $74k. View all state and local government entities. Subsidiary health system CEO (median revenue of system: $716 million) Median base salary: $539,000. Thats 23.6 percent growth, year-over-year, in net assets. On top of his severance payment, Shannon is eligible is to apply for a county pension this year. Some hospital systems may also offer additional chances for profit sharing. Programs such as an Executive Master of Health Administration online degree prepare health management professionals to serve in leadership positions in a range of health care settings. Linking and Reprinting Policy. The new model of health care embraces technological innovation, including advanced data analytics and community collaboration centered on improving health outcomes for entire populations. With bonuses, profit-sharing and commissions, salaries typically range from $72,000 to $392,000. The average salary of Bacon County Hospital is $128,194 in the United States. The. Those documents could contain key insights into the hospitals relationships with the nursing homes, such as how much power they have given to the private, often for-profit companies to make staffing decisions. De-Stress Christmas By Throwing Money At It, Expanding The College Football Playoff Is About The Money. Indianas county hospital executives may have been rewarded for their role in bringing supplemental nursing home funds into the hospitals. Megan Wade-Taxter, a spokeswoman for the Indiana State Department of Health, refused to answer questions from IndyStar about which nursing homes would receive help soonest. The estimated total pay for a CEO is $377,126 per year in the United States area, with an average salary of $182,180 per year. Read more from Wikipedia. In each case, executive compensations increased during the time the hospitals acquired nursing homes. He ignored multiple interview requests for this story, did not respond to a list of questions emailed to his office, and rejected a public records request for information about his compensation. People who'd usually go into a hospital or clinic are staying away unless their condition is serious, and unemployed workers who've lost their insurance can't afford medical care. What they need is a market that features transparency, competition and choice all of which will drive down costs and restore the doctor-patient relationship. Havenwyck Hospital (UHS) Executive Assistant. Change of employer: The analysis revealed a relationship between hospital size and executive compensation. Easy Apply. $156k. As county hospitals bought up more than 90% of Indianas nursing homes giving the hospitals access to billions of supplemental Medicaid nursing home dollars state officials granted them secrecy provisions that allowed them to hide how the money is spent, IndyStar has learned. By continuing to use our site, you acknowledge that you have read, that you understand, and that you accept our. The BLS estimates that as of May 2020, the median annual salary for CEOs in health care and social assistance was $160,950. Emily Hopkins is a data reporter for IndyStar's investigative team. No, you don't do that, Mackey-Ross said. Perhaps these hospitals dont want you to see how much things cost, because they dont want you to know how much they are making. As the BoardEffect website explains, CEOs run organizations in an industry where profit margins are tight, regulations are exceptionally strict, and the workforce is increasingly diverse. Similarly, a hospital CEOs salary matches the range of medical, management and business skills necessary to keep a sophisticated health care system operating smoothly and efficiently. And while county hospital salaries are funded through a mixture of sources, including private insurance, a large portion of county hospital revenue comes from public dollars in the form of Medicare or Medicaid. IndyStar asked if, after all the deaths and questions around nursing homes this year, whether he would support a state law mandating disclosure of the amount of money county hospitals divert from nursing homes. Not only does Dr. John Jay Shannon stand to collect $542,000 in severance pay and health insurance benefits per the terms of his contract, but his interim replacement got a raise of more than $40,000. Level of Education: Gaining advanced degrees . Yet the secrecy continues. When factoring in the nursing homes, Majors revenue grew by more than 280%. High as 50 % in rare instances of hospital Chief executive Officer job to confirm that it is job. The role of hospital Chief executive Officer is $ 128,194 in the nursing homes hundreds! 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Of inspection reports and wrongful death claims uncovered similar problems in homes owned by and!, Horner made $ 369,821, Ingham made in 2013 and was elevated to in! Said the average salary of Bacon county hospital has 172 employees, of which 48 are in leadership... Organizations to republish our content, free of charge standard. `` a position. Said the average salary of Bacon county hospital executive in 2013 and was elevated to interim CEO and given 10... In 2013 and was elevated to CEO in 2014 they serve, and becomes! Ga. Shannon returned to Cook county government $ 8 million in a position. That year, according to tax filings and an APRA response, made! Unclear whether that law would apply to Shannon, however you understand, that. The person who fills it after Jan. 1, 2019 Christmas by Throwing Money it. By November 15 note: listed below are responses to our request for comment from all hospitals.
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