university hospital ceo salary

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. , Tuition, room, and board totals about $70,000 annually which makes a 4-year education nearly $300,000. His 2009 compensation was earned in prior years. 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 average salary of Chief Executive Officer is higher than Hospital Chief Executive Officer. Of the ten most highly compensated individuals, 9 are male and 1 (the President and most highly compensated individual) is female. Salaries, other compensation and benefits: $156,036,698. Taxable trusts and private foundations that are required to file a form 990PF are also included. See the list , The data powering this website is available programmatically, via an API. Enter your email address to follow this blog and receive notifications of new posts by email. Job Title. 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. 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). Dr. Diane Hill, chairwoman of University Hospital Community Oversight Board, said the process was thorough. Maple was lauded for her work as interim CEO, ensuring the hospital moved forward. 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.. 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. On the other end of the scale are CEOs of hospitals located in urban areas that teach med students. An exclusive 5 On Your Side investigation has found Ohio hospital CEOs are benefiting from dramatically rising salaries for hospital executives across the country. Safyer was hired by Montefiore in 1982, and worked as chief medical officer prior to becoming president and CEO. -. Employees: 829, of whom63 received more than $100,000. A degree in medical management or a masters degree in business administration (MBA) is a less popular but still feasible option. Mailorder Fruit: Where to Find the BestFruit, Executive Compensation at the International Fellowship of Christians and Jews (2020), Executive Compensation at UPMC (Pittsburgh, PA), Executive Compensation at the American Red Cross (2021), Executive Compensation at the Girl Scouts, Executive Compensation at the Girl Scouts (2021), Executive Compensation at Kaiser Health (2019), Executive Compensation at United Way (2019), Executive Compensation at UnityPoint Health, Executive Compensation at the San Diego Zoo Wildlife Alliance(2020). He was paid $1,303,100 in bonuses and incentives. js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)? on What Are The Salaries Of Hospital CEOs? Sign up to get ProPublicas biggest stories delivered straight to your inbox. Their duties tend to focus on the business and legal aspects of healthcare, and this requires specialized education and exceptional nurse leadership skills. By continuing to use our site, you acknowledge that you have read, that you understand, and that you accept our. Extracted financial data is not available for this tax period, but Form 990 documents are available for download. They often have years of expertise managing large staffs and big operating budgets while working in large hospitals or health systems. Here is a list of the first three contributing factors. A 2021 report from the Economic Research Institute (ERI) found that the average annual CEO pay in most nonprofit industries was between $100,000 and $200,000 in 2018. How much does a Hospital Chief Executive Officer make? University Specialty Hospital: 184,285: . WASHINGTON, D.C. (January 21, 2022) - Howard University Hospital (HUH) announced today that Dr. Robert Linton, II has been selected as Chief Medical Officer (CMO). Privacy Policy. Salaries, other compensation and benefits: $65,605,340. interest expense, other taxes) , and $125 million in travel and conferences. UW Medicine/University of Washington Medical Center: Seattle: 6/30/2020: 155: UW Medicine/Valley Medical Center: Renton: 6/30/2020: 010: 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. President and CEO of North Shore University Hospital on Long Island. I return to University Hospital with a profound appreciation for its continued commitment to the underserved communities of Newark, he said. maid chauffeur, maid, chef, etc). David Ingram, MD. A hospital CEO receives an average salary of $160,000. 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. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $276,967 to $490,966 with the average total cash compensation of $359,377. Copyright 2023 Becker's Healthcare. We found payouts as high as $10 million, $18 million and even $21.6 million per CEO or other top-paid employee. The board also conducted two listening sessions with stakeholders and community members to hear their input regarding characteristics the ideal candidate would possess. Copyright © 2023 Becker's Healthcare. Hospital Employee Compensation . If you want to get more detailed salary information, please view. In his new role, he will lead the hospital's daily clinical operations, multiple departments and specialty centers. The average salary of Hospital Chief Executive Officer is $186,565, and the average salary of Chief Executive Officer is $814,273. 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. Get the latest market price for benchmark jobs and jobs in your industry. Once again, many factors may have an impact on these high salaries. PAYOUTS: NY hospital payouts growCONFLICTS: NY hospital conflicts, perks. Like Hern, Clement left in November of that year. Instead, Dr. J.B. Silvers, a nationally recognized expert on hospital CEO compensation and professor at Case Western Reserve's business school, insisted that Dr. Boutros is being fairly compensated when compared to his peers. The ultimate hospital CEO salary depends on a variety of factors. 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. The tax filings showed WMC Health Systems highest-paid employee was President/CEO Michael Israel. Employees: 1,307, of whom218 received more than $100,000. 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. Baptist Medical Center in San Antonio has appointed Benjamin Richaud as CEO. Financial: Data from Consolidated financial statement as of 2017-12-31. Read the API documentation . Employees: 1,925, of whom293 received more than $100,000. Extracted financial data is not available for this tax period, but audit documents are available for download. 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.". Hern worked at Unity Health since 1977. On the higher end, the report said CEO compensation was $1.4 million for hospitals with over $1billion in revenue." Copyright 2023 Becker's Healthcare. Some hospital CEOs were paid twice the rate of other workers, while the highest paid received 60 times the hourly pay of general workers. 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. 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. The Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. 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. Analyze the market and your qualifications to negotiate your salary with confidence. 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.. Copyright 2021 Pro Publica Inc. Your email address will not be published. The hospital systems paid highly paid executives more than $1.75 billion from 2010 to 2021. Privacy Policy. Newark is New Jerseys largest city by population and one of the states most diverse municipalities, she said. 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 According to a news release on March 28, 2022, Mr. Richaud is the youngest hospital CEO in the Baptist Health System. The researchers found that urban location and teaching status were also associated with higher executive hourly compensation compared to general worker wages. 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. . This is not by any means an entry-level role due to the significance and the high amount of responsibility attached to the CEO position.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'howigotjob_com-leader-3','ezslot_17',601,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-leader-3-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'howigotjob_com-leader-3','ezslot_18',601,'0','1'])};__ez_fad_position('div-gpt-ad-howigotjob_com-leader-3-0_1');.leader-3-multi-601{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}. 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.. The study, published in Health Affairs Feb. 10, found the gap between CEO pay and average worker pay varied widely. 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. Job Openings for This Role, Salary range for a Hospital Chief Executive Officer, Career Match Pro - Missoula "We're going to look at peer groups of other hospitals of the same size, look at what their CEO's get paid and we want to be at the 40th percentile--in other words below average," said Silvers. He was hired by the organization in 1995, after working as a senior vice president at a health insurance plan, Empire Blue Cross/Blue Shield, according to Northwells website. He was paid $1,991,728, including a $726,708 bonus. Kimberly Russo is Chief Executive Officer at George Washington University Hospital/The. How Revenue is Spent at the AFL-CIO(2020), $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, $1,992,782: Thomas L Spray, MD, CHOP Surgeon, $1,951,261: Michael Sean Grady, MD Surgeon, Otorhinolaryngology, $1,751,381: Peter Ammon, Chief Investment Officer, $1,730,564: William C Welch, MD, Neurosurgeon, $1,664,227: Paul Marcotte, MD, Neurosurgeon, $1,612,634: Scott Adzick, MD, CHOP, Surgeon, $1,502,742: Peter D Quinn, MD, DMD, SVP, Vice Dean Prof Services, UPHS, $1,487,450: Kevin Mahoney, EVP Program Development, Executive Vice Dean, $1,169,574: Elizabeth B Johnston, Executive Director, CPUP, $1,131,179: Phillip Okala, SVP Business Development, UPHS, $ 865,001: Patrick Brennan, MD, SVP and Chief Medical Officer, $ 829,960: Wendy White, SVP and General Counsel, $ 766,510: John Zeller, VP Development and Alumni Relations, $ 761,669: Gail Morrison, Vice Dean, Education PSOM, $ 663,598: Rebecca Cooke, VP Admin PSOM (thru 6/16), $ 593,737: Gregory Rost, VP and Chief of Staff, $ 573,576: Thomas Murphy, VP Info Systems and Computing, $ 529,078: Stephen Golding, VP Finance and Treasurer (thru 2/16), $ 520,621: Anne Papageorge, VP Facilities and Real Estate, $ 514,975: Stephen J McCarthy, VP Communications, $ 504,004: Arthur Rubenstein, Former EVP and Dean of PSOM, $ 482,999: John Heuer, VP Human Resources, $ 447,466: Joann Mitchell, VP Institutional Affairs, $ 446,335: Bonnie Gibson, VP Budget and Management Analysis, $ 434,986: Jeffrey Cooper, VP Government and Community Relations, $ 431,735: Dawn Bonnell, Vice Provost for Research, $ 408,116: Maureen Rush, VP Public Safety, $ 404,759: Marie Witt, VP Business Services, $ 398,699: Leslie Kruhly, VP and Secretary, $ 335,504: Beth A Winkelstein, Vice Provost for Education, $ 292,345: Andrew Binns, Associate Provost, Amy Gutmann, President: Loan in amount of $1,250,000 for recruitment/retention; Balance due is $1,000,000, Eric J Furda, Dean: Loan in amount of $150,000 for recruitment/retention; Balance due is $150,000, Geoffrey M Garrett, Dean: Loan in amount of $150,000 for recruitment/retention; Balance due is $126,786, Pamela Grossman, Dean: Loan in amount of $150,000 for recruitment/retention; Balance due is $131,667, Rvijay Kumar, Dean: Loan in amount of $500,000 for recruitment/retention; Balance due is $500,000, Antonia M Villarruel, Dean: Loan in amount of $500,000 for recruitment/retention; Balance due is $130,357. Cookie Policy. Jimenez said he is ready to return to Newark. Maples, University Hospital's Chief Legal Officer and Corporate Secretary, has . Hospitals with a fiscal year ending December 31 are to report by May 15. . Although doctors and other medical professionals may comprise a hospitals key staff, the CEO is the organizations manager. 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. The announcement comes months after Elnahal announced he was headed to Washington, D.C. Across all nonprofit hospitals, the average CEO compensation per hour was $249, and the average hourly worker wage was $29. Many in this role enter the field with a BS in Healthcare Management, but MS degrees are not uncommon. Silvers argues those surveys may be misleading. 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. He began as director of accounting for the former Park Ridge Hospital. 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. Residency Program Director, Jobs with a similar salary range to Hospital Chief Executive Officer : Clements base salary was $750,257 in 2014. , Became CEO and president of Lifebridge Health in 2013. 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. . An example of data being processed may be a unique identifier stored in a cookie. Each of these skills can be developed by enrolling in an academic program and gaining practical experience working in a hospital environment. In 2020 the company had 111 billion dollars revenue. Collaborates with senior management, develops nursing standards and protocols, and assures implementation across the Site. 2 in U.S.) for community benefit. 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. 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 . (PRES&CEO-COOPER UNIV HLTH/TTEE) $1,427,587: Kevin O'Dowd (Sr EVP-chief admin off) $1,386,021 . Urban location and teaching status were associated with higher executive hourly compensation, according to the study.

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