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}. Highest paid for hospitals above are based on the highest compensation at that site and doesnt reflect parent organizations. , Tuition, room, and board totals about $70,000 annually which makes a 4-year education nearly $300,000. Corwin was hired at New York-Presbyterian in 1979. 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. The data was gathered from 990 forms hospitals and other non-profits must file with the IRS every year. We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. Many in this role enter the field with a BS in Healthcare Management, but MS degrees are not uncommon. Dr. Diane Hill, chairwoman of University Hospital Community Oversight Board, said the process was thorough. Highest paid: David Freed, president and CEO thru Sept. 20, 2014,at $692,226. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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. . 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. That's the case for Kenneth Samet, the highest-paid hospital employee in Greater Baltimore. By continuing to use our site, you acknowledge that you have read, that you understand, and that you accept our. The median annual salary for medical and health services managers was $101,340 in May . The tax filings showed WMC Health Systems highest-paid employee was President/CEO Michael Israel. on What Are The Salaries Of Hospital CEOs? CO. MetroHealth Medical Center is a public hospital that is supported with $32.4 million of taxpayer money--roughly 5 percent of the hospital's budget. A hospital CEO receives an average salary of $160,000. HR Assistant NEW! 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. Although large hospitals pay more than $1 million, the average 2020 health care CEO salary is $153,084, according to Payscale, with more than 11,000 individuals self-reporting their income.. How much does a Hospital Chief Executive Officer make? 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. Maintains a highly visible presence, interacting constantly with key stakeholders to inform and advise them of strategies, current healthcare trends, legislation and activities. 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}. Chief Executive Officer. For systems with revenue of $3 billion or more the average total compensation in 2020 was $2.3 million. Dr. Ingram earned a bachelor's degree in religious studies from Brown University, is a graduate of . A hospital CEO can be quite helpful in getting the hospital ready for a planned survey or accreditation visit. Each of these skills can be developed by enrolling in an academic program and gaining practical experience working in a hospital environment. , 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. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Salaries, other compensation and benefits: $54,039,278. 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. All rights reserved. We have partnered with a large nonprofit health system to assist them in the search for a Chief Executive Officer for their Montana Region. This chart shows the salary comparison for Hospital Chief Executive Officer between major cities. 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. 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 Read the API documentation . At UCHealth, the most compensated executive makes $700,000, annually, and the lowest compensated makes $50,000. 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. Get the latest market price for benchmark jobs and jobs in your industry. Became CEO and president of Lifebridge Health in 2013. All Rights Reserved. University Hospital is New Jersey's 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. Copyright 2023 Becker's Healthcare. 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. Hospitals with a fiscal year ending December 31 are to report by May 15. . The CEO reports to the Vice President Hospital Operations, Community Hospital Corporation and assigned Hospital Board of Directors. She has more than 20 years of healthcare experience. Healthcare Based on 1732 salaries Registered Nurse 413 salaries Registered Nurse, BSN 135 salaries View More Finance & Accounting Based on 211 salaries Patient Access Representative 65 salaries Patient Account Representative 15 salaries View More 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. Although each hospitals CEO may have a different job description, most hospital CEOs will have similar key concerns.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-leader-2','ezslot_15',199,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-leader-2-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-leader-2','ezslot_16',199,'0','1'])};__ez_fad_position('div-gpt-ad-howigotjob_com-leader-2-0_1');.leader-2-multi-199{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}. All Rights Reserved. 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.". The CEO of a hospital is in charge of all activities at the hospital. Creates an atmosphere conducive to information sharing and effective assessment that allows for real time research and adaptive behavior. Click on the chart to see the detail salary data for Hospital Chief Executive Officer in each city. Employees: 1,925, of whom293 received more than $100,000. 2023 www.lohud.com. 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. It is unclear if the loans were paid back or a portion was and continues to be forgiven over time while employed by Penn. Tanya Freeman, chair of the University Hospital board of directors, said she felt Jimenez is a great fit for the role. 2020 Reports Reports are due 135 days after the end of the hospital's fiscal year. Three Rex Hospital doctors make up the rest of the top ten. CA. The analysis supported previous research showing hospital CEOs are compensated primarily for the volume of patients entering their hospitals. Required fields are marked *. Copyright © 2023 Becker's Healthcare. 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. Hern worked at Unity Health since 1977. The resulting system of five hospitals is now Rochester Regional Health, which includes 150 total provider sites, according to the systems website. Cookie Policy. 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. Safyers base salary was $1,464,159 in 2014. 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 Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience. Employees: 1,762, of whom216 received more than $100,000. Some of these are program specific, while others, called single audits, look at the entire organization. He was paid $1,991,728, including a $726,708 bonus. Weatherhead School of Management at Case Western Reserve University Where Does $100 to the San Diego Zoo Wildlife Alliance Go(2021)? The CEO will also develop the guidelines that all other hospital staff members must adhere to promote operational efficiency. Extracted financial data is not available for this tax period, but Form 990 documents are available for download. Design and implement an effective Business Plan to meet hospital occupancy goals and objectives. 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 The IRS Form 990 is an annual information return that most organizations claiming federal tax-exempt status must file yearly. Brumsted's total compensation includes . Some hospital CEOs were paid twice the rate of other workers, while the highest paid received 60 times the hourly pay of general workers. Dr. Maples, who is expected to leave the hospital, said she will continue to help in any way she can. His 2009 compensation was earned in prior years. He was paid $1,728,000 in bonuses and incentives. A hospital CEO receives an average salary of $160,000. Of the 20 most highly compensated individuals, 17 (85%) are male and 3 (15%) are female. Of the 20 at the bottom of the list, 10 are male while 10 are female. In 2020 the company had 111 billion dollars revenue. 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. Salaries, other compensation and benefits: $41,062,490. According to a news release on March 28, 2022, Mr. Richaud is the youngest hospital CEO in the Baptist Health System. Similar Job Titles: Highest paid: Keith Safian, president, at $1,494,760, including bonus and incentives of $280,989. 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. Privacy Policy. Employees: 829, of whom63 received more than $100,000. Saint Peters, Ross U. Sign up to get ProPublicas biggest stories delivered straight to your inbox. Your California Privacy Rights / Privacy Policy. Yale on top. Hospital, General (Health General and Rehabilitative) Nonprofit . Safyer was hired by Montefiore in 1982, and worked as chief medical officer prior to becoming president and CEO.