He became president and CEO in 2010, and oversaw Unitys merger with Rochester General Health System in 2014, leaving in November of that year, the Democrat & Chronicle reported. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. President, Academic & External Affairs and Chief Scientific Officer University Hospitals Health System. We needed a leader who understood how to work with diverse populations to overcome specific health disparities facing our communities every day. Compensation Date of data; Anthony J. Mazzarelli: President and Chief Executive Officer . Their duties tend to focus on the business and legal aspects of healthcare, and this requires specialized education and exceptional nurse leadership skills. 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 -. Download the UH Now app to take advantage of the new Hospital Maps feature which will help you navigate the UH Cleveland Medical Center campus. The hospital systems paid highly paid executives more than $1.75 billion from 2010 to 2021. Nonprofit organizations that spend $750,000 or more in Federal grant money in a fiscal year are required to submit an audit covering their finances and compliance. Many in this role enter the field with a BS in Healthcare Management, but MS degrees are not uncommon. Copyright 2021 Pro Publica Inc. Another factor is geography. Dr. Cacchione Will Lead Jefferson in Shaping the Future of Healthcare, Higher Education and Discovery. At UCHealth, the most compensated executive makes $700,000, annually, and the lowest compensated makes $50,000. 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. Avg. Analyze the market and your qualifications to negotiate your salary with confidence. Nonprofit hospital CEOs make an average of eight times more than workers without advanced degrees, according to an analysis by the Lown Institute of more than 1,000 hospitals. 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? We have partnered with a large nonprofit health system to assist them in the search for a Chief Executive Officer for their Montana Region. 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. They might also get bonuses, profit percentages, or commissions, just like other CEOs do.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-large-leaderboard-2','ezslot_8',196,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-large-leaderboard-2-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-large-leaderboard-2','ezslot_9',196,'0','1'])};__ez_fad_position('div-gpt-ad-howigotjob_com-large-leaderboard-2-0_1');.large-leaderboard-2-multi-196{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}. While the highest-paid nonprofit CEOs are in healthcare and financial services, things get more interesting when we look at normal charities. -. By collaborating closely with the chief nursing officer (CNO) or chief medical officer (CMO), the hospital CEO is accountable for providing the highest quality of patient care (CNO). Individualize employee pay based on unique job requirements and personal qualifications. MED DIR CARE CENTERS University Medical Center, 2019: $0.00: Onyema John N: MED DIR CARE CENTERS University Medical Center, 2020: $0.00: John N Onyema: MED DIR CARE CENTERS University Medical Center, 2018: $0.00: Banfro Francis T: SPECIALTY STAFF PHYSICIAN II University Medical Center, 2020: $0.00: $0.00: Subramanyam Keralapura P Enter your email address to follow this blog and receive notifications of new posts by email. Anita L. A. Jenkins became CEO of Howard University Hospital in February 2020, at a most challenging time for healthcare. How much does a Hospital Chief Executive Officer make? With about 14,000 workers, the regional system is the Rochester areas second-largest employer. The estimated additional pay is $35,774 per year. The CEO is in charge of making sure the hospital is financially successful. has been collecting compensation information from each hospital. 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}. Eugene Washington, president and CEO of the Duke University Health System, received $2,534,912 in Duke's 2017 fiscal year, according to its 2017 IRS 990. 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. 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. University Hospital, the state's sole public medical center, announced on Thursday that Ed Jimenez will be its next president and CEO. Average hospital CEO compensation per hour: $517 Ratio of CEO wage to other workers wage: 14:1 Among larger hospitals with 400 or more beds, hourly CEO compensation ranged from $88 to. The cost of living is tied to salaries. HR Assistant NEW! 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.. He was paid $1,303,100 in bonuses and incentives. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Safyers base salary was $1,464,159 in 2014. 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. 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. The median annual salary of CFOs is slightly lower according to Payscale data: around $140,400 as of June 2022. Highest paid: Ronald Corti, president and CEO, at $678,946. Salaries, other compensation and benefits: $263,235,756. Highest paid: John Federspiel, president (in 2014), at $2,055,377, including in bonus and incentives of $500,000. These CEOs earned a much higher average of $1.7 million per year. He was paid $1,991,728, including a $726,708 bonus. David Ingram, MD. President and CEO of Unity Health System in Rochester. 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. 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. The study was conducted by researchers at Harvard's School of Public Health and surveyed 1,877 hospital CEOs salaries across the country. All Rights Reserved. Cooper University Hospital's mission is to serve, to heal and to educate. I commend Chair Freeman and the entire University Hospital board for finding such a qualified candidate to lead our states only public hospital, and thank interim CEO Mary Maples for serving this hospital with dedication and skill during this transition.. There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. However, at hospitals whose annual revenue topped $1 billion, the average CEO salary was $1.4 million. How much money does the highest-paid hospital CEO make? 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. All Rights Reserved. Read Bio. In 2020 the company had 111 billion dollars revenue. 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. Chief Executive Officer Texas Counseling Association Austin, Texas Organizational Background Basedhospitals, nursing homes and managed care facilities. Some hospital systems may also offer additional chances for profit sharing. Or its just a combined list of comp regardless of what side a person works on? The . The CEO with the highest salary will typically work in a larger location in the fiercely competitive healthcare industry.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-leader-1','ezslot_10',197,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-leader-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-leader-1','ezslot_11',197,'0','1'])};__ez_fad_position('div-gpt-ad-howigotjob_com-leader-1-0_1');.leader-1-multi-197{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}. Soaring compensation for hospital executives . 6,380 individuals received more than $100,000 in compensation. Here is a list of the first three contributing factors. VA. A strong desire to become the CEO/Administrator of an Encompass Health hospital in approximately 2 years. NEWARK, NJ - University Hospital (UH), the State's only public acute care hospital, announced today that it has appointed Mary K. E. Maples, Esq. , 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. She has more than 20 years of healthcare experience. Guidestar reported that only one . 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. This is why you're always going to make more money in New York City for example, than in a small town. -. Silvers is also a MetroHealth board member and helped determine Dr. Boutros's salary. With more than $12 billion in the schools endowment, Penn also includes a hospital, five outpatient facilities, an in-patient rehabilitation center, and 10 research facilities. Employees: 499, of whom71 received more than $100,000. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Hospital Chief Executive Officer in the United States. On Monday evening, the GMCB published on its . His 2009 compensation was earned in prior years. By continuing to use our site, you acknowledge that you have read, that you understand, and that you accept our. Dr. Diane Hill, chairwoman of University Hospital Community Oversight Board, said the process was thorough. Salaries, other compensation and benefits: $82,445,082. Another consideration is having experience managing larger institutions, either in terms of capacity or overall operating budget. It has an affiliated nonprofit foundation that was included in the review. The American Association of Healthcare Administrative Managements certification or licensing can give prospective hospital executives a unique advantage in the job market, so they may want to pursue it in addition to their academic degree. Your email address will not be published. ContinueCARE Hospital at Hendrick Medical Center, Abilene, TX, is looking for a Chief Executive Officer (CEO) who will provide leadership, strategic guidance and management direction to all aspects ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 14 days ago, Community Hospital Corporation - Cortez The announcement comes months after Elnahal announced he was headed to Washington, D.C. Salaries, other compensation and benefits: $138,707,354. Employees: 3,603, of whom439 received more than $100,000. . DUKE UNIVERSITY HEALTH SYSTEM INC 615 DOUGLAS ST STE 700, DURHAM, NC 27705 www.dukehealth.org Total Revenue $3,776,782,982 Total Expenses $3,346,676,742 Net Assets $3,537,682,239 Organizations Filed Purposes: Executives Listed on Filing Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. President and CEO of Montefiore Medical Center. Clement hadbeen president of Rochester General Health since September 2006. 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. Highest paid: Lawrence Levine, CEO, at $1,701,471, including bonus and incentives of $75,000. Where Does $100 to Alliance Defending Freedom Go(2020)? In 2019, JHHSC reported total revenue of $409 million, most of which came from "affiliation fees" ($299 million) which appears to be from the affiliate organizations, investment income ($69 million), contributions, gifts and grants ($18 million, most of which came from related organizations), and PACE program revenue ($14 million). Of the 20 at the bottom of the list, 10 are male while 10 are female. According to a news release on March 28, 2022, Mr. Richaud is the youngest hospital CEO in the Baptist Health System. Employees: 2,839, of whom516 received more than $100,000. Vision Medical Dental. President and CEO of North Shore University Hospital on Long Island. Salaries, other compensation and benefits: $54,039,278. Read the IRS instructions for 990 forms. The CEO is in charge of ensuring compliance with important accrediting bodies, including the Joint Commission, as well as local, state, and federal health departments.