university hospital ceo salary

Highest paid: John Federspiel, president (in 2014), at $2,055,377, including in bonus and incentives of $500,000. Gender Pay Gap, Enter your email address to follow this blog and receive notifications of new posts by email. Three Rex Hospital doctors make up the rest of the top ten. 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. The highest-paid nonprofit leaders CEOs, Executive Directors, etc. Across all nonprofit hospitals, the average CEO compensation per hour was $249, and the average hourly worker wage was $29. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. The majority of CEOs also get bonuses, with the typical yearly compensation being estimated at $29,700. David Ingram, MD, is the chief medical executive for the Indiana University Health system. a Hospital Chief Executive Officer Salary in Bergenfield, NJ is $214,923 as of February 27, 2023; a Hospital Chief Executive Officer Salary in Meridian, MS is $165,371 as of February 27, 2023. 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. Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats. 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 IRS Form 990 is an annual information return that most organizations claiming federal tax-exempt status must file yearly. A degree in medical management or a masters degree in business administration (MBA) is a less popular but still feasible option. Hospitals with a fiscal year ending December 31 are to report by May 15. . Of the ten most highly compensated individuals, 9 are male and 1 (the President and most highly compensated individual) is female. . Because of this, hospital CEOs get huge salaries and have extremely fulfilling careers. While department heads may select, recruit, and train their staff members, the CEO will have a significant role in selecting hospital executives and leaders. Baptist Medical Center in San Antonio has appointed Benjamin Richaud as CEO. Click on the chart to see the detail salary data for Hospital Chief Executive Officer in each city. Michael Neidorff: He is the CEO of Centene Corporation which belongs to the field of healthcare. 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. The 41 most highly compensated individuals were reported to be: $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 $2,622,630: Ralph Muller, CEO UPHS $1,992,782: Thomas L Spray, MD, CHOP Surgeon "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. Employees: 1,307, of whom218 received more than $100,000. 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. Rush University System for Health CEO Dr. Larry Goodman, who this year announced his impending retirement, earned $3.3 million, an increase of 18%. According to the US Bureau of Labor Statistics, the average yearly salary for a US worker is a little over $50,000. Gov. 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. The analysis revealed a relationship between hospital size and executive compensation. Copyright © 2023 Becker's Healthcare. 20th Annual Spine, Orthopedic & Pain Management-Driven ASC Conference, 8th Annual Health IT + Digital Health + RCM Conference, 29th Annual Meeting - The Business & Operations of ASCs, Conference Reviewers: Request for More Information, Beckers Digital Health + Health IT Podcast, Becker's Ambulatory Surgery Centers Podcast, Becker's Cardiology + Heart Surgery Podcast, Current Issue - Becker's Clinical Leadership & Infection Control, Past Issues - Becker's Clinical Leadership & Infection Control, Revenue Cycle Management Companies in Healthcare to Know, Hospitals and Health Systems with Great Neurosurgery and Spine Programs, Hospitals and Health Systems with Great Heart Programs, 50 hospitals and health systems with great orthopedic programs headed into 2023, 100 of the largest hospitals and health systems in America | 2023, 60 hospitals and health systems with great oncology programs headed into 2023, 150 top places to work in healthcare | 2019, Texas hospital set to close, asks University Health to take over, 20+ US hospitals among Newsweek's top 100 global hospitals, Nurse impostor treated patients for 15 years, police say, Some innocent nurses may be caught up in degree scheme, 8th Annual Becker's Health IT + Digital Health + RCM Annual Meeting, Average hospital CEO compensation per hour: $130, Ratio of CEO wage to other workers wage: 6:1, Average hospital CEO compensation per hour: $179, Average hospital CEO compensation per hour: $239, Ratio of CEO wage to other workers wage: 8:1, Average hospital CEO compensation per hour: $335, Ratio of CEO wage to other workers wage: 10:1, Average hospital CEO compensation per hour: $517, Ratio of CEO wage to other workers wage: 14:1. See the list , The data powering this website is available programmatically, via an API. Taxable trusts and private foundations that are required to file a form 990PF are also included. 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. Samet is the president and CEO of MedStar Health, responsible for overseeing the $5.5 billion nonprofit . Maples, who is expected to leave the hospital, said she will continue to help in any way she can. Avg. ProPublica posts new tax forms as they are released by the IRS. In 2020, Neidorff earned $4.7 million in bonuses that contributed to a total yearly earnings of $24.96 million. MetroHealth CEO Dr. Akram Boutros declined repeated efforts to discuss his salary. 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 CEO reports to the Vice President Hospital Operations, Community Hospital Corporation and assigned Hospital Board of Directors. 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. The 990 reports whatever is received and paid for by the organization a 501 (c) 3. 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. Employees: 16,009, of whom4,212 received more than $100,000. 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}. A hospital CEO receives an average salary of $160,000. In a hospital context, the CEO is in charge of the bigger picture, which includes ensuring the company maintains profitability while also delivering the best possible patient results. The Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience. An example of data being processed may be a unique identifier stored in a cookie. Dr. Boutros's salary is below average even with 30 to 40 percent bonuses that we found are not strictly tied to patient care. The New Jersey Department of Labor & Workforce Bayer Fund, the philanthropic arm of Whippany-based Bayer, on Thursday announced it provided a total of $5.2 million in grant funding, spanning 600 organizations, Summit-based Simplicity Group Holdings on Thursday said it acquired Insurance Designers of America. Highest paid: Lawrence Levine, CEO, at $1,701,471, including bonus and incentives of $75,000. 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. Cooper University Hospital's mission is to serve, to heal and to educate. Employees: 1,762, of whom216 received more than $100,000. Comparing compensation (CEO vs. CFO) reveals that both roles typically have at least a six-figure salary. Linking and Reprinting Policy. 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}. 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. Payscale reports a median annual salary for CEOs of around $156,300 as of June 2022. He was paid $1,728,000 in bonuses and incentives. Develop staff through timely feedback and use of appropriate Human Resource policies to foster and facilitate the ability of staff to achieve highest level of professional growth and performance. Oak Valley Hospital District is currently seeking a dynamic President and Chief Executive Officer who will embrace our mission, vision, and values. Brumsted's total compensation includes . The two exceptions were. We wanted a leader with the experience to propel our vision of improving health for generations to come.. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. The number dropped to $1.4 million for systems with revenue of between $1 billion and $3. 20th Annual Spine, Orthopedic & Pain Management-Driven ASC Conference, 8th Annual Health IT + Digital Health + RCM Conference, 29th Annual Meeting - The Business & Operations of ASCs, Conference Reviewers: Request for More Information, Beckers Digital Health + Health IT Podcast, Becker's Ambulatory Surgery Centers Podcast, Becker's Cardiology + Heart Surgery Podcast, Current Issue - Becker's Clinical Leadership & Infection Control, Past Issues - Becker's Clinical Leadership & Infection Control, Revenue Cycle Management Companies in Healthcare to Know, Hospitals and Health Systems with Great Neurosurgery and Spine Programs, Hospitals and Health Systems with Great Heart Programs, 50 hospitals and health systems with great orthopedic programs headed into 2023, 100 of the largest hospitals and health systems in America | 2023, 60 hospitals and health systems with great oncology programs headed into 2023, 150 top places to work in healthcare | 2019, Texas hospital set to close, asks University Health to take over, 20+ US hospitals among Newsweek's top 100 global hospitals, Nurse impostor treated patients for 15 years, police say, Some innocent nurses may be caught up in degree scheme, 8th Annual Becker's Health IT + Digital Health + RCM Annual Meeting, Average hospital CEO compensation per hour: $529, Ratio of CEO wage to other workers wage: 14:1, Average hospital CEO compensation per hour: $292, Ratio of CEO wage to other workers wage: 9:1, Average hospital CEO compensation per hour: $197, Ratio of CEO wage to other workers wage: 7:1, Average hospital CEO compensation per hour: $319, Average hospital CEO compensation per hour: $160, Ratio of CEO wage to other workers wage: 6:1. The . Salaries, other compensation and benefits: $41,062,490. Salaries, other compensation and benefits: $263,235,756. Salaries, other compensation and benefits: $54,039,278. On the other end of the scale are CEOs of hospitals located in urban areas that teach med students. 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. This chart shows the salary comparison for Hospital Chief Executive Officer between major cities. If you have used our data or site in your research or reporting, add credit and a link to Nonprofit Explorer in your story or publication and let us know. According to data from PayScale.com, the upper 10% of hospital CEOs earn a salary in the $305,000 range. Some hospital systems may also offer additional chances for profit sharing. js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)? The Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience. Soaring compensation for hospital executives . 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. MED DIR CARE CENTERS University Medical Center, 2019: $0.00: Onyema John N: MED DIR CARE CENTERS University Medical Center, 2020: $0.00: John N Onyema: MED DIR CARE CENTERS University Medical Center, 2018: $0.00: Banfro Francis T: SPECIALTY STAFF PHYSICIAN II University Medical Center, 2020: $0.00: $0.00: Subramanyam Keralapura P 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. . Some hospital CEOs were paid twice the rate of other workers, while the highest paid received 60 times the hourly pay of general workers. 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. has been collecting compensation information from each hospital. Salary. Total spending on nonprofit CEOs rose 104% from $19 million in 2011 to $38.7 million in 2019. University of Kansas Medical Center. Highest paid: Dr. Cary Hirsch, at $1,170,575, including bonus and incentives of $169,237. Weatherhead School of Management at Case Western Reserve University 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 Executive Compensation at the Alliance Defending Freedom(2020). Employees: 1,349, of whom150 received more than $100,000. All Rights Reserved. President, University Hospitals Rainbow Babies & Children s and MacDonald Women s hospitals. interest expense, other taxes) , and $125 million in travel and conferences. The consent submitted will only be used for data processing originating from this website. Employees: 620, of whom93 received more than $100,000. Healthcare Finance News reported that hospital CEO salary on average was about "$274,300 for hospitals with revenue up to $49.9 million. Read Bio. The CEO is in charge of making sure the hospital is adequately staffed. The board also conducted two listening sessions with stakeholders and community members to hear their input regarding characteristics the ideal candidate would possess. David Ingram, MD. As with other CEOs, they may receive bonuses, shared profits, or commissions on top of this base salary. He is 39. 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. Across all nonprofit hospitals, the average CEO compensation per hour was $249, and the average hourly worker wage was $29. A hospital CEO can be quite helpful in getting the hospital ready for a planned survey or accreditation visit. Phil Murphy said hes confident Jimenez is the right person for the job. The Children's Hospital of Philadelphia Foundation CEO and trustee Madeline Bell 2016 income $2,032,558 8. President and CEO of Montefiore Medical Center. 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. This individual must have a passion for nursing Encompass Health - Charlottesville 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. President, Academic & External Affairs and Chief Scientific Officer University Hospitals Health System. Compensation Date of data; Anthony J. Mazzarelli: President and Chief Executive Officer . Memorial Sloan-Kettering Cancer Center data includes parent organization. $38,209 / yr. Research Associate salaries - 69 salaries reported. 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.. Individualize employee pay based on unique job requirements and personal qualifications. Dowling also heads the hospital's parent organization, Northwell Health, which is affiliated with 21 hospitals, including Northern Westchester Hospital in Mount Kisco. Soon after, the University Hospital board created a search committee and hired executive search firm Odgers Berndtson to help fill the role. Drexel University President John Fry 2016 income $2,226,838 7. Cookie Policy. Safyers base salary was $1,464,159 in 2014. 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. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Tanya Freeman, chair of the University Hospital board of directors, said she felt Jimenez is a great fit for the role. I commend Chair Freeman and the entire University Hospital board for finding such a qualified candidate to lead our states only public hospital, and thank interim CEO Mary Maples for serving this hospital with dedication and skill during this transition.. The median annual salary of CFOs is slightly lower according to Payscale data: around $140,400 as of June 2022. Dr. Ingram earned a bachelor's degree in religious studies from Brown University, is a graduate of . Kimberly Russo is Chief Executive Officer at George Washington University Hospital/The. 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. Where Does $100 to Alliance Defending Freedom Go(2020)? Where Does $100 to Shriners Hospitals Go(2020)? Employees: 1,392, of whom229 received more than $100,000. Read Bio. Your email address will not be published. He was paid $240,478 in bonuses and incentives. 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 . TX. An analysis published in Health Affairs last year by researchers with Arizona State University's health policy center found no association between hospital CEO compensation and the value scores received by the hospitals they oversee. 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. The estimated additional pay is $35,774 per year. 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. Silvers is also a MetroHealth board member and helped determine Dr. Boutros's salary. Copyright 2023 Becker's Healthcare. His 2009 compensation was earned in prior years. Small organizations filing a Form 990N "e-Postcard" are not included in this data. By continuing to use our site, you acknowledge that you have read, that you understand, and that you accept our. He had the highest percent increase in total compensation out of non-athletics employees at 41%, bringing his total compensation over $1.06. 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. Highest paid: Dr. John Conlon, vice president of medical affairs, at $564,411, including bonus and incentives of $17,497. 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. Both Duke and Mission were nonprofit integrated health systems based in North Carolina. , 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.