TX. 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}. Residency Program Director, Jobs with a similar salary range to Hospital Chief Executive Officer : We wanted a leader with the experience to propel our vision of improving health for generations to come.. Of the ten most highly compensated individuals, 9 are male and 1 (the President and most highly compensated individual) is female. Dr. Diane Hill, chairwoman of University Hospital Community Oversight Board, said the process was thorough. The University of Pennsylvania (Penn) is a private research university in Philadelphia that is also a member of the Ivy League. If you want to get more detailed salary information, please view. Tanya Freeman, chair of the University Hospital board of directors, said she felt Jimenez is a great fit for the role. Analyze the market and your qualifications to negotiate your salary with confidence. 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. University Hospital is New Jerseys 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. Total pay for top executives at Maryland hospitals and health systems 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. $38,209 / yr. Research Associate salaries - 69 salaries reported. Cookie Policy. Nonprofit Explorer has PDFs of these audits for some nonprofits for fiscal year 2015 and later. An exclusive 5 On Your Side investigation has found Ohio hospital CEOs are benefiting from dramatically rising salaries for hospital executives across the country. Nonprofit hospitals in New York pay out billions of dollars in salaries, bonuses and other compensation. Keeping good relations with the general public may also be part of the hospital CEOs job description. Maples, University Hospital's Chief Legal Officer and Corporate Secretary, has . A hospital CEO receives an average salary of $160,000. MetroHealth CEO Dr. Akram Boutros declined repeated efforts to discuss his salary. 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. Salaries, other compensation and benefits: $100,220,479. 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). 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 . The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. Neidorff was born and grew up in Altoona, Pennsylvania. PAYOUTS: NY hospital payouts growCONFLICTS: NY hospital conflicts, perks. A recent study published in the Journal of American Medicine found no association between CEO pay and patient care. 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. University Hospital Names Mary K. E. Maples As Interim President & Ceo He was paid $1,728,000 in bonuses and incentives. The data was gathered from 990 forms hospitals and other non-profits must file with the IRS every year. Temple University Episcopal Hospital $85,000 jobs - indeed.com VA. A strong desire to become the CEO/Administrator of an Encompass Health hospital in approximately 2 years. The base salary for Chief of Staff ranges from $226,073 to $342,447 with the average base salary of $282,247. The Baltimore Sun analyzed the compensation packages of CEOs and presidents at Maryland hospitals and health systems. 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. 1 in N.J. (No. Gender Pay Gap, Salary. Hospital CEOs are experts at juggling a variety of duties. University of Kansas Medical Center Salaries - Glassdoor Recommends, implements and evaluates approved changes to meet the standards of care ensuring compliance with patient census, including, but not limited to, budgeting, staffing, equipment needs and operating plans. The highest-paid nonprofit leaders CEOs, Executive Directors, etc. How (and Why) to Become a Hospital CEO - Noodle These CEOs earned a much higher average of $1.7 million per year. Daniel I. Simon, MD. He began as director of accounting for the former Park Ridge Hospital. Hern worked at Unity Health since 1977. Their duties tend to focus on the business and legal aspects of healthcare, and this requires specialized education and exceptional nurse leadership skills. IU Health Leadership | IU Health View Data as Table. Across all nonprofit hospitals, the average CEO compensation per hour was $249, and the average hourly worker wage was $29. 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 The system has a $1.5 billion budget and nearly 8,000 employees. Actors Equity Association: How Membership Dues areSpent, Executive Compensation at Actors EquityAssociation, Executive Compensation at Shriners Hospitals(2020). 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. 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. , Postdoctoral Fellow salaries - 107 salaries reported. Chief Executive Officer | UVA Health 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 for hospitals above are based on the highest compensation at that site and doesnt reflect parent organizations. 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. Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. 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. A hospital CEO receives an average salary of $160,000. Became CEO and president of Lifebridge Health in 2013. Duke University Health System Inc - Nonprofit Explorer - ProPublica Some hospital systems may also offer additional chances for profit sharing.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,600],'howigotjob_com-medrectangle-4','ezslot_1',193,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-medrectangle-4-0'); The ultimate hospital CEO salary depends on a variety of factors. 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. The District of Columbia Nurses Association . Hospital CEOs' salaries are increasing even faster than we thought - Vox "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. However, at hospitals whose annual revenue topped $1 billion, the average CEO salary was $1.4 million. The worlds best hospitals: 7 are in N.J. Stockton University appoints Southern Connecticut States Joe Bertolino as next president. We have partnered with a large nonprofit health system to assist them in the search for a Chief Executive Officer for their Montana Region. The total pay included $17,000 in retirement and deferred compensation, along with $2,072,767 in other payments and benefits. Employees: 3,603, of whom439 received more than $100,000. Kimberly Russo is Chief Executive Officer at George Washington University Hospital/The. Highest paid: Edward Dinan, president and CEO, at $1,707,780, including bonus and incentives of $823,032. The analysis supported previous research showing hospital CEOs are compensated primarily for the volume of patients entering their hospitals. All rights reserved. . We found hospital CEOs in Ohio earning up to $4 million a year. Urban location and teaching status were associated with higher executive hourly compensation, according to the study. They accomplish their mission through innovative and effective systems of care and by bringing people and resources together, creating value for their patients and the community. The board also conducted two listening sessions with stakeholders and community members to hear their input regarding characteristics the ideal candidate would possess. What Are The Salaries Of Hospital CEOs? - Howigotjob.com Executive Leadership | Cooper University Health Care The right education, which offers the chance to refine important abilities and acquire technical competencies, is the first step toward becoming the hospitals top executive. Howard University Hospital Appoints Dr. Robert Linton II as Chief How much does a Hospital Chief Executive Officer make? Click here to view, Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Expenses totaled $5.6 billion (or $5.3 billion not including depreciation) of which $3.2 billion (or 60% of expenses) were for compensation-related costs for the 48,347 employees, which equates to an average of $67,000 each. 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. . Extracted financial data is not available for this tax period, but audit documents are available for download. Search thousands of open positions to find your next opportunity. 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. Chief Executive Officer. 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. Or its just a combined list of comp regardless of what side a person works on? 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. Oak Valley Hospital District is currently seeking a dynamic President and Chief Executive Officer who will embrace our mission, vision, and values. The average annual CEO pay in most nonprofit industries for 2018 was between $100,000 and $200,000, according to a 2022 analysis published in Health Affairs. Your email address will not be published. Maple was lauded for her work as interim CEO, ensuring the hospital moved forward. Highest paid: Ronald Corti, president and CEO, at $678,946. Payscale reports a median annual salary for CEOs of around $156,300 as of June 2022. Avg. University Hospital, the state's sole public medical center, announced on Thursday that Ed Jimenez will be its next president and CEO. 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. Highest paid: Dr. Rajiv Ratan, director of Burke Medical Research, at $999,482, including bonus and incentives of $467,000. 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}. 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. Clements base salary was $750,257 in 2014. Becoming a hospital CEO an overview with real-life examples . Required fields are marked *. Michael Neidorff: He is the CEO of Centene Corporation which belongs to the field of healthcare. The total pay included $2,086,033 in retirement and deferred compensation, along with other pay and benefits. Cloudy forecast at the Shore: Monmouth president ponders rules of a Dr. Reddys names CEO for North American generics. The analysis revealed a relationship between hospital size and executive compensation. 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. all earn at least $900k per year, and into the tens of millions for the largest of hospitals and health systems. Salary.com's. Salaries, other compensation and benefits: $156,036,698. He was paid $1,991,728, including a $726,708 bonus. 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. It has been my honor to work with the incredible team at University Hospital over the last four years and see the amazing progress we have made together as we pursue our vision to partner with our communities to improve health for generations to come, she said. Employees: 620, of whom93 received more than $100,000. 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}. 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. Employees: 1,768, of whom263 received more than $100,000. Dr. Cacchione Will Lead Jefferson in Shaping the Future of Healthcare, Higher Education and Discovery. Of the 20 most highly compensated individuals, 17 (85%) are male and 3 (15%) are female. Another factor is geography. Apply to Administrator, Director of Quality, Chief Executive Officer and more! Salaries, other compensation and benefits: $41,062,490.