For systems with revenue of $3 billion or more the average total compensation in 2020 was $2.3 million. Published: ; Dec. 12, 2017, 12:04 p.m. A hospital CEO receives an average salary of $160,000. Similar Job Titles: The CEO is in charge of making sure the hospital is adequately staffed. Based in Phoenix, Arizona, Banner Health* paid out $34 million to just two. The study was conducted by researchers at Harvard's School of Public Health and surveyed 1,877 hospital CEOs salaries across the country. MetroHealth Medical Center is a public hospital that is supported with $32.4 million of taxpayer money--roughly 5 percent of the hospital's budget. all earn at least $900k per year, and into the tens of millions for the largest of hospitals and health systems. "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. The following are some of the most important skills for a hospital CEO. Another consideration is having experience managing larger institutions, either in terms of capacity or overall operating budget. Theyre provided by the Federal Audit Clearinghouse. Dowling also heads the hospital's parent organization, Northwell Health, which is affiliated with 21 hospitals, including Northern Westchester Hospital in Mount Kisco. After seven months of a national search, Stockton Universitys board of trustees has named a successor for President Harvey Kesselman, who will retire at Atlantic City will be the future site of a state-of-the-art marijuana cultivation facility, according to a Thursday announcement from Vantage Commercial, which orchestrated the Have a need to fill positions in a field where an apprenticeship program would really help? Thus, net fund assets went from $12.5 billion at the beginning of the year to $12.3 billion at the end of the year (of which $6.6 billion remained unrestricted and $2.4 billion was temporarily restricted, leaving $3.3 billion permanently restricted. 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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. Salary. I would like to thank Mary Maples for assisting with a smooth transition, and the board of directors for choosing me to build upon the mission and values of University Hospital as a community-first facility dedicated to the public good. Throughout his career, he has overseen significant hospital expansions and optimized the operations of a complex organization by navigating professional partnerships, implementing creative and data-driven solutions, and maintaining the bold vision necessary to accomplish these goals. Yale on top. The board also conducted two listening sessions with stakeholders and community members to hear their input regarding characteristics the ideal candidate would possess. Phil Murphy said hes confident Jimenez is the right person for the job. Neidorff was born and grew up in Altoona, Pennsylvania. 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 . President, University Hospitals Rainbow Babies & Children s and MacDonald Women s hospitals. The announcement comes months after Elnahal announced he was headed to Washington, D.C. The road to becoming the CEO of a hospital typically involves several years of academic study, followed by many years of practical experience working at a healthcare facility. Creates an atmosphere conducive to information sharing and effective assessment that allows for real time research and adaptive behavior. He is 39. Copyright 2023 Becker's Healthcare. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'howigotjob_com-mobile-leaderboard-1','ezslot_21',605,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-mobile-leaderboard-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'howigotjob_com-mobile-leaderboard-1','ezslot_22',605,'0','1'])};__ez_fad_position('div-gpt-ad-howigotjob_com-mobile-leaderboard-1-0_1');.mobile-leaderboard-1-multi-605{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:50px;padding:0;text-align:center!important}. Salaries, other compensation and benefits: $82,445,082. The ultimate hospital CEO salary depends on a variety of factors. Safyers base salary was $1,464,159 in 2014. SUNY Downstate Health Sciences University: Berger David H: Vice Pres Hosp Affair: New York State Comptroller: 2020: University at Buffalo: Leipold Lance O: Div I Head Football Coach (Rp) New York State Comptroller: 2017: Stony Brook University Hospital: Pasternak Lewis Reuven: Vice Pres Hosp Affair: New York State Comptroller: 2018: Stony Brook . Here is a list of the first three contributing factors. Last year, the University of Vermont Medical Center CEO made more than $2 million. The total pay included $206,897 in retirement and deferred compensation, along with $1,180,698 in other payments and benefits. According to the US Bureau of Labor Statistics, the average yearly salary for a US worker is a little over $50,000. The Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience. David Ingram, MD. If you want to get more detailed salary information, please view. It has an affiliated nonprofit foundation that was included in the review. The top 10% of hospital CEO salaries fall between $200,000 and $300,000. Cookie Policy. From https://projects.propublica.org/nonprofits. The CEO is in charge of making sure the hospital is financially successful. A chief executive officer (CEO) is often responsible for formulating policies, coming up with long-term strategies, and giving an organization overall direction.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-large-mobile-banner-2','ezslot_13',198,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-large-mobile-banner-2-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-large-mobile-banner-2','ezslot_14',198,'0','1'])};__ez_fad_position('div-gpt-ad-howigotjob_com-large-mobile-banner-2-0_1');.large-mobile-banner-2-multi-198{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}. NEWARK, NJ - University Hospital (UH), the State's only public acute care hospital, announced today that it has appointed Mary K. E. Maples, Esq. Total spending on nonprofit CEOs rose 104% from $19 million in 2011 to $38.7 million in 2019. On the other end of the scale are CEOs of hospitals located in urban areas that teach med students. Hern worked at Unity Health since 1977. By continuing to use our site, you acknowledge that you have read, that you understand, and that you accept our. We welcome him and look forward to collaborating on our continued implementation of our health programs across the city and region as we improve the quality of life for communities in Newark and beyond.. Highest paid: David Freed, president and CEO thru Sept. 20, 2014,at $692,226. Guidestar reported that only one . University Hospital, the state's sole public medical center, announced on Thursday that Ed Jimenez will be its next president and CEO. 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.". Small organizations filing a Form 990N "e-Postcard" are not included in this data. 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. PAYOUTS: NY hospital payouts growCONFLICTS: NY hospital conflicts, perks. Jimenez knows Newark and has proven his ability to execute the mission and vision of University Hospital with targeted, data-driven methods with empathy and refinement. Recently searched related titles: The average UCHealth executive compensation is $234,449 a year.The median estimated compensation for executives at UCHealth including base salary and bonus is $236,718, or $113 per hour. HR Assistant NEW! 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. Enter your email address to follow this blog and receive notifications of new posts by email. Job Openings for This Role, Salary range for a Hospital Chief Executive Officer, Career Match Pro - Missoula Comparing compensation (CEO vs. CFO) reveals that both roles typically have at least a six-figure salary. The researchers found that urban location and teaching status were also associated with higher executive hourly compensation compared to general worker wages. Employees: 2,839, of whom516 received more than $100,000. Jimenez, who is expected to start in January, has plenty of experience and certainly is familiar with the facility, having served as the executive director for ambulatory services of the former University of Medicine and Dentistry of New Jersey (now University Hospital) from 2003-05. 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). MetroHealth CEO Dr. Akram Boutros declined repeated efforts to discuss his salary. -. Clement hadbeen president of Rochester General Health since September 2006. 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. CO. Dr. Cacchione Will Lead Jefferson in Shaping the Future of Healthcare, Higher Education and Discovery. Chief Executive Officer Texas Counseling Association Austin, Texas Organizational Background Basedhospitals, nursing homes and managed care facilities. Employees: 1,762, of whom216 received more than $100,000. Hospital Employee Compensation . According to our latest salary estimation on February 27, 2023. Dr. Boutros's salary is below average even with 30 to 40 percent bonuses that we found are not strictly tied to patient care. Most recently, Jimenez spent the past 12 years in Florida, working at University of Florida Health, Shands Hospital, where he served as CEO for eight years before leaving last summer. Michael Neidorff: He is the CEO of Centene Corporation which belongs to the field of healthcare. 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. University Hospital is New Jersey's only public acute care hospital and is the principal teaching hospital for Rutgers New Jersey Medical School, Rutgers School of Dental Medicine and all other Newark-based medical education. 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. 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. The median annual salary of CFOs is slightly lower according to Payscale data: around $140,400 as of June 2022. To lead a hospital as essential as University Hospital is to the people of our state requires both a level-headed and compassionate approach that I am confident Ed Jimenez will bring to this role, he said. Linking and Reprinting Policy. The worlds best hospitals: 7 are in N.J. Stockton University appoints Southern Connecticut States Joe Bertolino as next president. The study, published in Health Affairs Feb. 10, found the gap between CEO pay and average worker pay varied widely. The median annual salary for medical and health services managers was $101,340 in May . The two exceptions were. We and our partners use cookies to Store and/or access information on a device. Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Privacy Policy. "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. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. We wanted a leader with the experience to propel our vision of improving health for generations to come.. Click on the chart to see the detail salary data for Hospital Chief Executive Officer in each city. We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. Silvers argues those surveys may be misleading. interest expense, other taxes) , and $125 million in travel and conferences. Tuition, room, and board totals about $70,000 annually which makes a 4-year education nearly $300,000. Once again, many factors may have an impact on these high salaries. 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. , Base Salary ( USD) 10% $75k MEDIAN $159k 90% $312k The average salary for a Chief Executive Officer (CEO) is $159,263 Base Salary $75k - $312k Bonus $5k - $144k Profit Sharing $4k -. We are grateful to Mary Maples for her leadership and her willingness to step into this critical interim role, even though she chose not to pursue the permanent position, Freeman said. -. Duplicated download links may be due to resubmissions or amendments to an organization's original return. President and CEO of Unity Health System in Rochester. It is unclear if the loans were paid back or a portion was and continues to be forgiven over time while employed by Penn. Almost 20% of that compensation was captured by a handful of hospital CEOs, who collectively took home $308.8 million over 12 years. Maples, University Hospital's Chief Legal Officer and Corporate Secretary, has . Maples, who joined University Hospital in 2018 as chief legal officer and corporate secretary, agreed to accept the interim position and delay a planned departure from the hospital to ensure a smooth transition. Maple was lauded for her work as interim CEO, ensuring the hospital moved forward. Highest paid: Dr. Bentley Ogoke, anesthesiologist, at $503,335. We have partnered with a large nonprofit health system to assist them in the search for a Chief Executive Officer for their Montana Region. Thomas Jefferson University and Jefferson Health's Board of Trustees have announced that Joseph G. Cacchione, MD, will join as the organization's new CEO, effective September 6, 2022. Copyright © 2023 Becker's Healthcare. How much does a Hospital Chief Executive Officer make? Sign up to get ProPublicas biggest stories delivered straight to your inbox. This individual must have a passion for nursing Encompass Health - Charlottesville Employees: 1,015, of whomfivereceived more than $100,000. Read Bio. , For those interested in acquiring the original data from the source, heres where our data comes from: Enter a nonprofit's name, a keyword, or city, https://projects.propublica.org/nonprofits. 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. Read the API documentation . Nonprofit Explorer has PDFs of these audits for some nonprofits for fiscal year 2015 and later. These audits are copied from the Federal Audit Clearinghouse. 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. That's the case for Kenneth Samet, the highest-paid hospital employee in Greater Baltimore.
