university hospital ceo salary

However, at hospitals whose annual revenue topped $1 billion, the average CEO salary was $1.4 million. Some hospital CEOs were paid twice the rate of other workers, while the highest paid received 60 times the hourly pay of general workers. Use this database to find organizations and see details like their executive compensation, revenue and expenses, as well as download tax filings going back as far as 2001. . Cookie Policy. 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. Adjust Hospital Chief Executive Officer Salary: Chief Executive Officer - Hospital Operations, Associate Administrator - Developing CEO Program, Chief Executive Officer - Physician Practice. Hern worked at Unity Health since 1977. 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. Executive Compensation at the Alliance Defending Freedom(2020). Salaries, other compensation and benefits: $54,039,278. The consent submitted will only be used for data processing originating from this website. DUKE UNIVERSITY HEALTH SYSTEM INC DURHAM, NC 27701-3658 | Tax-exempt since June 1998 EIN: 56-2070036 Classification ( NTEE ) Community Health Systems (Health General and Rehabilitative). Salaries, other compensation and benefits: $127,750,453. This chart shows the salary comparison for Hospital Chief Executive Officer between major cities. The Newark hospital's board voted unanimously at a. The median annual salary for medical and health services managers was $101,340 in May . We wanted a leader with the experience to propel our vision of improving health for generations to come.. Nonprofit Explorer has PDFs of these audits for some nonprofits for fiscal year 2015 and later. Qualification experience is equally vital as education. The New Jersey Department of Labor & Workforce Bayer Fund, the philanthropic arm of Whippany-based Bayer, on Thursday announced it provided a total of $5.2 million in grant funding, spanning 600 organizations, Summit-based Simplicity Group Holdings on Thursday said it acquired Insurance Designers of America. . Although doctors and other medical professionals may comprise a hospitals key staff, the CEO is the organizations manager. Payscale reports a median annual salary for CEOs of around $156,300 as of June 2022. The 41 most highly compensated individuals were reported to be: $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 $2,622,630: Ralph Muller, CEO UPHS $1,992,782: Thomas L Spray, MD, CHOP Surgeon "In some cases, those hospitals are are forced to close, to merge or they are not really able to be successful in the marketplace because of bad decisions from the top," said Dr. Thomas Campanella, a professor of health care at Baldwin Wallace University. 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}. Employees: 16,009, of whom4,212 received more than $100,000. This includes receiving . 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.. $54,560 / yr. Research Assistant salaries - 84 salaries reported. He has been a part of the IU Health team for more than two decades, most recently serving as president of IU Health Physicians. The system has a $1.5 billion budget and nearly 8,000 employees. Salaries, other compensation and benefits: $114,237,304. The report's figures include the base salary and a bonus, with the base salary comprising 68% to 76% of the pay. Required fields are marked *. . Three Rex Hospital doctors make up the rest of the top ten. Employees: 620, of whom93 received more than $100,000. 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. This position will oversee 2 hospitals totaling 250 beds ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - Today, Community Hospital Corporation - Abilene Employee Flight Risk, Silvers argues those surveys may be misleading. The two types of nonprofits that were out of line were university CEOs, who were paid an average of $350,000, and hospital CEOs, who were paid $600,000 on average, the researchers said. Highest paid: Dr. Rajiv Ratan, director of Burke Medical Research, at $999,482, including bonus and incentives of $467,000. These executives frequently hold doctoral degrees, like an MHA or MPH. Read Bio. The Baltimore Sun analyzed the compensation packages of CEOs and presidents at Maryland hospitals and health systems. Some hospital systems may also offer additional chances for profit sharing. 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 health system has 22,622 employees at sites throughout New York City and the Lower Hudson Valley, according to the systems website. Read the IRS instructions for 990 forms. 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. Average Salaries at University Hospitals Popular Roles Registered Nurse $57,016 per year Screener $27.49 per hour Health Screener $31.27 per hour Nursing Registered Nurse - Operating Room $57,157 per year Home Care Nurse $55,948 per year Medical Technician Medical Assistant $42,739 per year Respiratory Therapist $53,072 per year 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 . Guidestar reported that only one . VA. A strong desire to become the CEO/Administrator of an Encompass Health hospital in approximately 2 years. 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. As a result, serving as hospital CEO is a difficult position that calls for a diverse skill set.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-mobile-leaderboard-2','ezslot_23',607,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-mobile-leaderboard-2-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-mobile-leaderboard-2','ezslot_24',607,'0','1'])};__ez_fad_position('div-gpt-ad-howigotjob_com-mobile-leaderboard-2-0_1');.mobile-leaderboard-2-multi-607{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}. Simply type in your destination (building, department, doctor's office) and the app will display turn-by-turn walking directions to help get you there. Based in Phoenix, Arizona, Banner Health* paid out $34 million to just two. Cloudy forecast at the Shore: Monmouth president ponders rules of a Dr. Reddys names CEO for North American generics. 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. University Hospital, the state's sole public medical center, announced on Thursday that Ed Jimenez will be its next president and CEO. Even though these degree programs vary greatly from one another, they all offer the fundamental knowledge and abilities a hospital CEO needs to deliver high-level leadership and guidance. Of the 20 most highly compensated individuals, 17 (85%) are male and 3 (15%) are female. Hundreds of workers at Howard University Hospital in Washington, D.C., say they are planning a one-day strike next week over complaints of low wages. Taxable trusts and private foundations that are required to file a form 990PF are also included. David Ingram, MD. That's the case for Kenneth Samet, the highest-paid hospital employee in Greater Baltimore. Employees: 1,015, of whomfivereceived more than $100,000. as Interim President and CEO effective upon the departure of current President and CEO Shereef Elnahal, MD, MBA. Financial: Data from Consolidated financial statement as of 2017-12-31. Recently searched related titles: In 2018, Corigliano earned just over $750,000. Highest paid: Dr. Cary Hirsch, at $1,170,575, including bonus and incentives of $169,237. The study was conducted by researchers at Harvard's School of Public Health and surveyed 1,877 hospital CEOs salaries across the country. Corwins base salary was $1,633,434 in 2014. Am I understanding this correctly that finances are mixed between the medical side of Penn and the University/Research side of Penn? 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. Clements base salary was $750,257 in 2014. Each of these skills can be developed by enrolling in an academic program and gaining practical experience working in a hospital environment. A CEO can develop the ability to provide top-tier leadership to the whole healthcare facility through a balance of education and practical hospital experience. Job Title. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. The board also conducted two listening sessions with stakeholders and community members to hear their input regarding characteristics the ideal candidate would possess. 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. Highest paid: Joel Seligman, president and CEO, at $2,043,289, including bonus and incentives of $1,209,905. -. Dr. Ashish Jha, one of the studies principal researchers, said "basic elements of quality health care is not something CEO's seem to be using compensation on.". ProPublica posts new tax forms as they are released by the IRS. Jimenez succeeds interim CEO Mary Maples, who was not a candidate for the position, and former CEO Shereef Elnahal, who announced in the spring that he was taking a position as undersecretary of Veterans Affairs for health. See Kimberly Russo's compensation, career history, education, & memberships. UW Medicine/University of Washington Medical Center: Seattle: 6/30/2020: 155: UW Medicine/Valley Medical Center: Renton: 6/30/2020: 010: Copyright © 2023 Becker's Healthcare. At UCHealth, the most compensated executive makes $700,000, annually, and the lowest compensated makes $50,000. This individual must have a passion for nursing Encompass Health - Charlottesville The two exceptions were. Compensation Date of data; Anthony J. Mazzarelli: President and Chief Executive Officer . President and CEO of North Shore University Hospital on Long Island. 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. 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. Dr. John Brumsted, the CEO of the University of Vermont Health Network and its flagship hospital, took in nearly $2.19 million in compensation that year. Urban location and teaching status were associated with higher executive hourly compensation, according to the study. "Populations like ours, Medicaid populations, uncompensated care--poor people tend to rate organizations lower," said Silvers, " The outcomes are more difficult, compliance issues--all sorts of things, so there's a big debate whether those quality measures need to be risk adjusted for the type of population we have.". The USA TODAY Network reviewed compensation data for 42 of the states more than 200 hospitals and health systems in 2014, the most recent available. 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. The CEO is in charge of making sure the hospital is financially successful. 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. Healthcare Finance News reported that hospital CEO salary on average was about "$274,300 for hospitals with revenue up to $49.9 million. 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.. 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 study, published in Health Affairs Feb. 10, found the gap between CEO pay and average worker pay varied widely. Although Penn reports $644 million in revenue over expenses at year-end, the 990 also reports $660 million in net unrealized losses on investments and a $205 million downward adjustment in net fund assets primarily attributed to changes in pension and other post-retirement plans. It's raising concerns among consumer watchdog groups as well. San Francisco City consistently ranks #1 as of February 27, 2023. On the higher end, the report said CEO compensation was $1.4 million for hospitals with over $1billion in revenue." PAYOUTS: NY hospital payouts growCONFLICTS: NY hospital conflicts, perks. 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. In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. 2023 www.lohud.com. Those are only a few good examples of skills that might help hospital leadership succeed. It has an affiliated nonprofit foundation that was included in the review. 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 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 . all earn at least $900k per year, and into the tens of millions for the largest of hospitals and health systems. All rights reserved. All Rights Reserved. Data is based on information hospitals provided in federal tax filings in 2014. President and CEO of Unity Health System in Rochester. 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 District of Columbia Nurses Association . president and CEO, at $678,946. Safyer was hired by Montefiore in 1982, and worked as chief medical officer prior to becoming president and CEO. He was paid $1,728,000 in bonuses and incentives. The broad experience that a chief executive needs can be obtained by working in many hospital departments. Samet is the president and CEO of MedStar Health, responsible for overseeing the $5.5 billion nonprofit . Together, Simplicity and IDA said they will offer their respective members Jimenez, experienced hospital executive with roots in N.J., named new CEO of Deborah Heart and Lung Center introduces GPS for the Heart, 5 HMH medical centers achieve National Center of Excellence Designation in Heart Care, Bayer Fund awards more than $13M to U.S. nonprofit organizations in 2022, Tabula Rasa HealthCare completes the sale of SinfonaRx and DoseMeRx, FEMA awards $2.9M to Valley Hospital, Cape Regional Medical for COVID-19 staffing costs, Employers are ill-equipped to navigate mental health tsunami, Bergen New Bridge ranked No. 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.". Of the ten most highly compensated individuals, 9 are male and 1 (the President and most highly compensated individual) is female. "It's especially disturbing for taxpayers who are giving a non-profit hospital a tax break because they are expected to provide charity care to the community and at the same time the executive is making a million dollars a year," warned Carmen Balber, Executive Director of the California based Consumer Watchdog. "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. Employees: 1,307, of whom218 received more than $100,000. By continuing to use our site, you acknowledge that you have read, that you understand, and that you accept our. If this organization has filed an amended return, it may not be reflected in the data below. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Of the 20 at the bottom of the list, 10 are male while 10 are female. Residency Program Director, Jobs with a similar salary range to Hospital Chief Executive Officer : The majority of CEOs also get bonuses, with the typical yearly compensation being estimated at $29,700. Executive compensation: The Mayo Clinic announced in August that Dr. Gianrico Farrugia would succeed Dr. John Noseworthy as . Lawrence Hospital Center, . The average salary of Chief Executive Officer is higher than Hospital Chief Executive Officer. NEWARK, NJ - University Hospital (UH), the State's only public acute care hospital, announced today that it has appointed Mary K. E. Maples, Esq. Similar Job Titles: His base salary was $1,373,402 in 2014. Published: ; Dec. 12, 2017, 12:04 p.m. The base salary for Chief of Staff ranges from $226,073 to $342,447 with the average base salary of $282,247. Phil Murphy said hes confident Jimenez is the right person for the job. Required: Commitment to approximately 2 years as an Associate Administrator and an ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 17 days ago, Texas Counseling Association - Austin Sign up to get ProPublicas biggest stories delivered straight to your inbox. Apply to Administrator, Director of Quality, Chief Executive Officer and more! Read Bio. Nonprofit hospitals in New York pay out billions of dollars in salaries, bonuses and other compensation. Baptist Medical Center in San Antonio has appointed Benjamin Richaud as CEO. The estimated additional pay is $35,774 per year. Here's what hospital CEO's in Cleveland are earning annually : We also reviewed CEO contracts at Ohio's two other public hospitals: Plus, it's not uncommon for hospital CEO's to earn annual bonuses up to 40 percent of their salaries. Linking and Reprinting Policy. 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. We found payouts as high as $10 million, $18 million and even $21.6 million per CEO or other top-paid employee. The total pay included nearly $5.1 million in deferred compensation, along with other benefits. They must simultaneously exhibit business skills, healthcare knowledge, and forward-thinking. Drexel University President John Fry 2016 income $2,226,838 7. 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. . While department heads may select, recruit, and train their staff members, the CEO will have a significant role in selecting hospital executives and leaders. HR Assistant NEW! Highest paid: David Freed, president and CEO thru Sept. 20, 2014,at $692,226. 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. Working as a service line administrator, in the accounting department, or as the manager of a specific clinic or ambulatory center inside a larger healthcare facility are all opportunities to get relevant expertise. Jimenez said he is ready to return to Newark. How much do Lehigh Valley doctors and hospital administrators earn? Highest paid for hospitals above are based on the highest compensation at that site and doesnt reflect parent organizations. The analysis supported previous research showing hospital CEOs are compensated primarily for the volume of patients entering their hospitals. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly. Almost 20% of that compensation was captured by a handful of hospital CEOs, who collectively took home $308.8 million over 12 years. Get the latest market price for benchmark jobs and jobs in your industry. Click on the chart to see the detail salary data for Hospital Chief Executive Officer in each city. Total spending on nonprofit CEOs rose 104% from $19 million in 2011 to $38.7 million in 2019. Highest paid: Dr. John Conlon, vice president of medical affairs, at $564,411, including bonus and incentives of $17,497. The Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience. 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. While the highest-paid nonprofit CEOs are in healthcare and financial services, things get more interesting when we look at normal charities. Last year, the University of Vermont Medical Center CEO made more than $2 million. The Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience. These CEOs earned a much higher average of $1.7 million per year. Salary ranges for a Hospital Chief Executive Officer can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Salaries, other compensation and benefits: $48,111,272. Hospital CEOs are experts at juggling a variety of duties. Another study of 35 CEOs of Connecticut nonprofit hospitals found that they were incentivized from 1998 to 2006 to increase the volume of privately insured patients at the expense of uncompensated care and public-pay patients. An analysis published in Health Affairs last year by researchers with Arizona State University's health policy center found no association between hospital CEO compensation and the value scores received by the hospitals they oversee. Rivest, Jeffrey A. . Individualize employee pay based on unique job requirements and personal qualifications. Some of these are program specific, while others, called single audits, look at the entire organization. , A recent study published in the Journal of American Medicine found no association between CEO pay and patient care. I will always support the work of University Hospital and am excited to see the new heights the team will reach under Eds leadership., Copyright 2022 ROINJ. Dr. Cacchione Will Lead Jefferson in Shaping the Future of Healthcare, Higher Education and Discovery. . The worlds best hospitals: 7 are in N.J. Stockton University appoints Southern Connecticut States Joe Bertolino as next president. David Ingram, MD, is the chief medical executive for the Indiana University Health system. The hospital systems paid highly paid executives more than $1.75 billion from 2010 to 2021. Theyre provided by the Federal Audit Clearinghouse. 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?