A recent study published in the Journal of American Medicine found no association between CEO pay and patient care. In 2018, Corigliano earned just over $750,000. 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. Duke University Health System Inc Non Profit Data As with other CEOs, they may receive bonuses, shared profits, or commissions on top of this base salary. Continue with Recommended Cookies. Herns base salary was $765,994 in 2014. The CEO will also develop the guidelines that all other hospital staff members must adhere to promote operational efficiency. We needed a leader who understood how to work with diverse populations to overcome specific health disparities facing our communities every day. She has more than 20 years of healthcare experience. President and CEO of Rochester General Health System. 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. President, University Hospitals Rainbow Babies & Children s and MacDonald Women s hospitals. Design and implement an effective Business Plan to meet hospital occupancy goals and objectives. We began the search for our next president and CEO with several goals and expectations, she said. The broad experience that a chief executive needs can be obtained by working in many hospital departments. Residency Program Director, Jobs with a similar salary range to Hospital Chief Executive Officer : 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}. 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. The average salary of Hospital Chief Executive Officer is $186,565, and the average salary of Chief Executive Officer is $814,273. Kimberly Russo, George Washington University Hospital/The: Profile and 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. -. Samet is the president and CEO of MedStar Health, responsible for overseeing the $5.5 billion nonprofit . The median annual salary of CFOs is slightly lower according to Payscale data: around $140,400 as of June 2022. The majority of CEOs also get bonuses, with the typical yearly compensation being estimated at $29,700. Apply to Administrator, Director of Quality, Chief Executive Officer and more! The Baltimore Sun analyzed the compensation packages of CEOs and presidents at Maryland hospitals and health systems. By collaborating closely with the chief nursing officer (CNO) or chief medical officer (CMO), the hospital CEO is accountable for providing the highest quality of patient care (CNO). A hospital CEO receives an average salary of $160,000. Highest paid: Ronald Corti, president and CEO, at $678,946. The CEO is in charge of making sure the hospital is financially successful. He was paid $714,173 in bonuses and incentives. 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. Jimenez, who worked at Newark facility as executive director for ambulatory services in 2003-05, recently served as CEO of Florida Health for 8 years. An example of data being processed may be a unique identifier stored in a cookie. The researchers found that urban location and teaching status were also associated with higher executive hourly compensation compared to general worker wages. University of Kansas Medical Center Salaries - Glassdoor Howard University Hospital workers will strike this month due to low (PRES&CEO-COOPER UNIV HLTH/TTEE) $1,427,587: Kevin O'Dowd (Sr EVP-chief admin off) $1,386,021 . We and our partners use cookies to Store and/or access information on a device. The estimated additional pay is $35,774 per year. How much do Lehigh Valley doctors and hospital administrators earn? However, at hospitals whose annual revenue topped $1 billion, the average CEO salary was $1.4 million. Where Does $100 to Shriners Hospitals Go(2020)? Financial: Data from Consolidated financial statement as of 2017-12-31. Executive Compensation at University of Pennsylvania Yale New Haven Health System's Borgstrom highest paid hospital official Nonprofit Hospital CEO Compensation: How Much Is Enough? "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.". Employees: 1,768, of whom263 received more than $100,000. We are grateful to Mary Maples for her leadership and her willingness to step into this critical interim role, even though she chose not to pursue the permanent position, Freeman said. 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. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly. The base salary for Hospital Chief Executive Officer ranges from $131,893 to $256,645 with the average base salary of $186,565. The total pay included $6,414,200 in retirement and deferred compensation, along with other benefits. Some hospital systems may also offer additional chances for profit sharing. Of the 20 at the bottom of the list, 10 are male while 10 are female. Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats. Duke University Health System Inc - Nonprofit Explorer - ProPublica He was paid $1,728,000 in bonuses and incentives. Like Hern, Clement left in November of that year. Dr. All Rights Reserved. Copyright 2023 Becker's Healthcare. Maintains a highly visible presence, interacting constantly with key stakeholders to inform and advise them of strategies, current healthcare trends, legislation and activities. Silvers is also a MetroHealth board member and helped determine Dr. Boutros's salary. Ranking Minnesota's 100 largest nonprofits by revenue, CEO compensation 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. Westchester Medical Center in Valhalla is a public-private New York public benefit corporation. 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. These executives frequently hold doctoral degrees, like an MHA or MPH. Of the 20 most highly compensated individuals, 17 (85%) are male and 3 (15%) are female. Salary. 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. Heidi L. Gartland, MHA, FACHE, CDM. Or its just a combined list of comp regardless of what side a person works on? Oak Valley Hospital District is currently seeking a dynamic President and Chief Executive Officer who will embrace our mission, vision, and values. CEOs with more advanced degrees or more prestigious certifications can expect to be paid more.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-box-4','ezslot_2',194,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-box-4-0'); In general, chief executives with more years of experience will be paid more. 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. , Leadership Team at University Hospitals Cleveland Medical Center | UH 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 is why you're always going to make more money in New York City for example, than in a small town. On the higher end, the report said CEO compensation was $1.4 million for hospitals with over $1billion in revenue." If this organization has filed an amended return, it may not be reflected in the data below. Small organizations filing a Form 990N "e-Postcard" are not included in this data. . 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 announcement comes months after Elnahal announced he was headed to Washington, D.C. The health system has 22,622 employees at sites throughout New York City and the Lower Hudson Valley, according to the systems website. This chart shows the salary comparison for Hospital Chief Executive Officer between major cities. Employees: 1,392, of whom229 received more than $100,000. The study was conducted by researchers at Harvard's School of Public Health and surveyed 1,877 hospital CEOs salaries across the country. Maples, who is expected to leave the hospital, said she will continue to help in any way she can. Employees: 1,349, of whom150 received more than $100,000. The highest-paid nonprofit leaders CEOs, Executive Directors, etc. Cooper University Health Care | Camden, NJ | Cause IQ , Healthcare Finance News reported that hospital CEO salary on average was about "$274,300 for hospitals with revenue up to $49.9 million. 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. The total pay included $17,000 in retirement and deferred compensation, along with $2,072,767 in other payments and benefits. 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 -. 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. Am I understanding this correctly that finances are mixed between the medical side of Penn and the University/Research side of Penn? Yale on top. Bergenfield, NJ typically sees higher pay than Meridian, MS for Hospital Chief Executive Officer. The two exceptions were. Guidestar reported that only one . 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. Search thousands of open positions to find your next opportunity. The average salary of Chief Executive Officer is higher than Hospital Chief Executive Officer. 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). Another consideration is having experience managing larger institutions, either in terms of capacity or overall operating budget. 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. ProPublica posts new tax forms as they are released by the IRS. 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. Clements base salary was $750,257 in 2014. Linking and Reprinting Policy. CEO / President. Gov. UH System Leadership | University Hospitals 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.