MetroHealth CEO Dr. Akram Boutros declined repeated efforts to discuss his salary. A hospital CEO can be quite helpful in getting the hospital ready for a planned survey or accreditation visit. all earn at least $900k per year, and into the tens of millions for the largest of hospitals and health systems. President, Academic & External Affairs and Chief Scientific Officer University Hospitals Health System. 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. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Highest paid: Joel Seligman, president and CEO, at $2,043,289, including bonus and incentives of $1,209,905. Close cooperation with the chief financial officer may be necessary for this. 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. President, University Hospitals Rainbow Babies & Children s and MacDonald Women s hospitals. Employees: 1,392, of whom229 received more than $100,000. Some hospital CEOs were paid twice the rate of other workers, while the highest paid received 60 times the hourly pay of general workers. The cost of living is tied to salaries. 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. We have partnered with a large nonprofit health system to assist them in the search for a Chief Executive Officer for their Montana Region. 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 -. 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. , 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. Maintains a highly visible presence, interacting constantly with key stakeholders to inform and advise them of strategies, current healthcare trends, legislation and activities. Residency Program Director, Jobs with a similar salary range to Hospital Chief Executive Officer : He was paid $240,478 in bonuses and incentives. The majority of CEOs also get bonuses, with the typical yearly compensation being estimated at $29,700. 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. Read the API documentation . I return to University Hospital with a profound appreciation for its continued commitment to the underserved communities of Newark, he said. The median annual salary of CFOs is slightly lower according to Payscale data: around $140,400 as of June 2022. We and our partners use cookies to Store and/or access information on a device. Here's what hospital CEO's in Cleveland are earning annually : Cleveland Clinic: $4 million University Hospitals: $2.2 million MetroHealth Systems: $1.1 million We also reviewed CEO. Their duties tend to focus on the business and legal aspects of healthcare, and this requires specialized education and exceptional nurse leadership skills. Medicine Doctor, Ob Hospitalist, Vice President Diversity And Inclusion, Search Hospital Chief Executive Officer Jobs. President and CEO of New York-Presbyterian Hospital. While the highest-paid nonprofit CEOs are in healthcare and financial services, things get more interesting when we look at normal charities. He heads the affiliated Bronx-based Montefiore Health System, which includes 10 hospitals and 190 other health provider sites, including several throughout the Hudson Valley, according to the systems website. PAYOUTS: NY hospital payouts growCONFLICTS: NY hospital conflicts, perks. The University of Pennsylvania (Penn) is a private research university in Philadelphia that is also a member of the Ivy League. Here is a list of the first three contributing factors. Brumsted's total compensation includes . Dowling also heads the hospital's parent organization, Northwell Health, which is affiliated with 21 hospitals, including Northern Westchester Hospital in Mount Kisco. Highest paid: Dr. Bentley Ogoke, anesthesiologist, at $503,335. All rights reserved. Dr. While department heads may select, recruit, and train their staff members, the CEO will have a significant role in selecting hospital executives and leaders. Financial: Data from Consolidated financial statement as of 2017-12-31. Nonprofit hospitals in New York pay out billions of dollars in salaries, bonuses and other compensation. 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. 3) O'Donnell's compensation included $4,084,991 . What follows are details on the five highest-paid hospital officials and information on Lower Hudson Valley hospitals involved in the unprecedented upheaval underway in the healthcare marketplace. Highest paid: Edward Dinan, president and CEO, at $1,707,780, including bonus and incentives of $823,032. According to a news release on March 28, 2022, Mr. Richaud is the youngest hospital CEO in the Baptist Health System. Soaring compensation for hospital executives . The two exceptions were. The top 10% of hospital CEO salaries fall between $200,000 and $300,000. Avg. 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. Data is based on information hospitals provided in federal tax filings in 2014. The CEO reports to the Vice President Hospital Operations, Community Hospital Corporation and assigned Hospital Board of Directors. . Clement hadbeen president of Rochester General Health since September 2006. These executives frequently hold doctoral degrees, like an MHA or MPH. Employees: 1,925, of whom293 received more than $100,000. Jimenez said he is ready to return to Newark. 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. Herns base salary was $765,994 in 2014. NEWARK, NJ - University Hospital (UH), the State's only public acute care hospital, announced today that it has appointed Mary K. E. Maples, Esq. Rivest, Jeffrey A. . 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? The health system has 22,622 employees at sites throughout New York City and the Lower Hudson Valley, according to the systems website. Similar Job Titles: Keeping good relations with the general public may also be part of the hospital CEOs job description. 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. See the complete profile on LinkedIn and discover Subho's connections and jobs at similar companies. He partnered with Hern in the merger that created Rochester Regional Health in 2014. 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.". 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 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). 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. Taxable trusts and private foundations that are required to file a form 990PF are also included. The estimated additional pay is $35,774 per year. 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. "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. Recently searched related titles: Get the latest market price for benchmark jobs and jobs in your industry. Lawrence Hospital Center, . Current CEO, Donna Hyland, was paid $865,514 in 2008, including $52,248 earned in prior years. Total revenue was $6.3 billion, including $1.3 billion in grants and contributions (of which $728 million came from the government), $2.6 billion from healthcare, $1.2 billion from tuition and fees, and $1.2 billion from auxiliary services and investment income. The CEO is in charge of making sure the hospital is adequately staffed. 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. Employees: 1,349, of whom150 received more than $100,000. The CEO of a hospital is in charge of all activities at the hospital. His 2009 compensation was earned in prior years. All Rights Reserved. Former hospital CEO. Memorial Sloan-Kettering Cancer Center data includes parent organization. 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. Save my name, email, and website in this browser for the next time I comment. Salaries, other compensation and benefits: $65,605,340. js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)? President and CEO of Montefiore Medical Center. For systems with revenue of $3 billion or more the average total compensation in 2020 was $2.3 million. The team's commitment to Cooper's patients, employees and the community, combined with a focus on fiscal responsibility, has resulted in a strong infrastructure designed to meet today's health care needs while moving toward tomorrow's innovations and breakthroughs. 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. Cookie Policy. 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. -. Another factor is geography. 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. . 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}. Safyer was hired by Montefiore in 1982, and worked as chief medical officer prior to becoming president and CEO. 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. Employees: 2,172, of whom287 received more than $100,000. 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. That's the case for Kenneth Samet, the highest-paid hospital employee in Greater Baltimore. Although doctors and other medical professionals may comprise a hospitals key staff, the CEO is the organizations manager. It is important to note for comparison that the hospital CEO often earns more money than other health executives. Theyre provided by the Federal Audit Clearinghouse. The analysis revealed a relationship between hospital size and executive compensation. 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. We needed a leader who understood how to work with diverse populations to overcome specific health disparities facing our communities every day. Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats. Healthcare Finance News reported that hospital CEO salary on average was about "$274,300 for hospitals with revenue up to $49.9 million. Where Does $100 to the San Diego Zoo Wildlife Alliance Go(2021)? Like Hern, Clement left in November of that year. We found hospital CEOs in Ohio earning up to $4 million a year. The analysis revealed a relationship between hospital size and executive compensation. The Children's Hospital of Philadelphia Foundation CEO and trustee Madeline Bell 2016 income $2,032,558 8. 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.". 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. The Newark hospital's board voted unanimously at a. 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. 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). 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. $54,560 / yr. Research Assistant salaries - 84 salaries reported. Copyright © 2023 Becker's Healthcare. 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. Salaries, other compensation and benefits: $156,036,698. 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}. Samet is the president and CEO of MedStar Health, responsible for overseeing the $5.5 billion nonprofit . The average salary of Hospital Chief Executive Officer is $186,565, and the average salary of Chief Executive Officer is $814,273. A degree in medical management or a masters degree in business administration (MBA) is a less popular but still feasible option. president and CEO, at $678,946. Follow @InvestigatorRon !function(d,s,id){var Employees: 620, of whom93 received more than $100,000. Saint Peters, Ross U. 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. Manage Settings Gender Pay Gap, 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. Salaries, other compensation and benefits: $1,731,477,540. The total pay included $6,414,200 in retirement and deferred compensation, along with other benefits. Silvers argues those surveys may be misleading. Westchester Medical Center in Valhalla is a public-private New York public benefit corporation. However, at hospitals whose annual revenue topped $1 billion, the average CEO salary was $1.4 million. On Monday evening, the GMCB published on its . Salaries, other compensation and benefits: $125,814,852. 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. At UF Health, Jimenez was responsible for the operations at a 1,000-bed health system anchored by an 850-bed, nationally known academic medical center. Employees: 499, of whom71 received more than $100,000. Cookie Policy. 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. Employee Flight Risk, The total pay included $206,897 in retirement and deferred compensation, along with $1,180,698 in other payments and benefits. 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. "We have to have a target in terms of financial performance because if you don't make the money you can't be in business," said Silvers. 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 .