Employees: 829, of whom63 received more than $100,000. Bergenfield, NJ typically sees higher pay than Meridian, MS for Hospital Chief Executive Officer. Highest-paid CEOs at the Philadelphia region's largest health systems The CEO is in charge of making sure the hospital is financially successful. . Kimberly Russo is Chief Executive Officer at George Washington University Hospital/The. The analysis revealed a relationship between hospital size and executive compensation. 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. University Hospital in Newark announces new president, CEO His base salary was $1,373,402 in 2014. Top 10 highly paid CEOs in healthcare in the US The Baltimore Sun analyzed the compensation packages of CEOs and presidents at Maryland hospitals and health systems. We found payouts as high as $10 million, $18 million and even $21.6 million per CEO or other top-paid employee. Howard University Hospital Appoints Dr. Robert Linton II as Chief Hospital Chief Executive Officer Salary | Salary.com Salaries, other compensation and benefits: $65,605,340. While department heads may select, recruit, and train their staff members, the CEO will have a significant role in selecting hospital executives and leaders. . 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. I am grateful to the board of directors and community oversight board members for their steadfast partnership as we have worked diligently to further our mission to deliver exceptional care to every patient, every time. According to a news release on March 28, 2022, Mr. Richaud is the youngest hospital CEO in the Baptist Health System. While the highest-paid nonprofit CEOs are in healthcare and financial services, things get more interesting when we look at normal charities. Taxable trusts and private foundations that are required to file a form 990PF are also included. 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. "This is part of the underlying business model that drives the nonprofit hospital landscape: Volume matters, and high-margin volume matters the most for the bottom line," the Lown Institute researchers said. Higher pay is often associated with greater degrees of responsibility.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-banner-1','ezslot_4',195,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-banner-1-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-banner-1','ezslot_5',195,'0','1'])};__ez_fad_position('div-gpt-ad-howigotjob_com-banner-1-0_1');.banner-1-multi-195{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 CEO reports to the Vice President Hospital Operations, Community Hospital Corporation and assigned Hospital Board of Directors. $38,209 / yr. Research Associate salaries - 69 salaries reported. Anita L. A. Jenkins became CEO of Howard University Hospital in February 2020, at a most challenging time for healthcare. Payscale reports a median annual salary for CEOs of around $156,300 as of June 2022. 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. Oak Valley Hospital District is currently seeking a dynamic President and Chief Executive Officer who will embrace our mission, vision, and values. Executive Compensation at University of Pennsylvania Salaries, other compensation and benefits: $263,235,756. VA. A strong desire to become the CEO/Administrator of an Encompass Health hospital in approximately 2 years. President and CEO of North Shore University Hospital on Long Island. 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 TX. Salary. Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. $54,560 / yr. Research Assistant salaries - 84 salaries reported. "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.". This chart shows the salary comparison for Hospital Chief Executive Officer between major cities. How to Gain Nurse Leadership Skills to Advance Your Career The system has a $1.5 billion budget and nearly 8,000 employees. 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. As she was last year, the highest-paid employee in the state was Marna Borgstrom, president and CEO of Yale New Haven Health System, which includes Yale New Haven Hospital, Bridgeport . on What Are The Salaries Of Hospital CEOs? Heidi L. Gartland, MHA, FACHE, CDM. According to data from PayScale.com, the upper 10% of hospital CEOs earn a salary in the $305,000 range. Last year, the University of Vermont Medical Center CEO made more than $2 million. Safyers base salary was $1,464,159 in 2014. How much do the Triangle's top nonprofit leaders earn? | Raleigh News Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. We and our partners use cookies to Store and/or access information on a device. Newark is New Jerseys largest city by population and one of the states most diverse municipalities, she said. 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 worlds best hospitals: 7 are in N.J. Stockton University appoints Southern Connecticut States Joe Bertolino as next president. 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.. 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). In 2020, Neidorff earned $4.7 million in bonuses that contributed to a total yearly earnings of $24.96 million. Weatherhead School of Management at Case Western Reserve University A hospital CEO receives an average salary of $160,000. The estimated additional pay is $35,774 per year. These CEOs earned a much higher average of $1.7 million per year. He has been a part of the IU Health team for more than two decades, most recently serving as president of IU Health Physicians. Maple was lauded for her work as interim CEO, ensuring the hospital moved forward. Salaries, other compensation and benefits: $54,039,278. Some of these are program specific, while others, called single audits, look at the entire organization. On the higher end, the report said CEO compensation was $1.4 million for hospitals with over $1billion in revenue." -. Employee Flight Risk, 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 . Highest paid: David Freed, president and CEO thru Sept. 20, 2014,at $692,226. Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. The broad experience that a chief executive needs can be obtained by working in many hospital departments. . 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. Published: ; Dec. 12, 2017, 12:04 p.m. Kimberly Russo, George Washington University Hospital/The: Profile and If you want to get more detailed salary information, please view. 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. Where Does $100 to Shriners Hospitals Go(2020)? 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. President, Academic & External Affairs and Chief Scientific Officer University Hospitals Health System. This individual must have a passion for nursing Encompass Health - Charlottesville President and CEO of New York-Presbyterian Hospital. Nonprofit Hospital CEO Compensation: How Much Is Enough? 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. TX. 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. University of Kansas Medical Center. Throughout his career, he has overseen significant hospital expansions and optimized the operations of a complex organization by navigating professional partnerships, implementing creative and data-driven solutions, and maintaining the bold vision necessary to accomplish these goals. How much does a Hospital Chief Executive Officer make? He was paid $240,478 in bonuses and incentives. The study, published in Health Affairs Feb. 10, found the gap between CEO pay and average worker pay varied widely. The analysis revealed a relationship between hospital size and executive compensation. Small organizations filing a Form 990N "e-Postcard" are not included in this data. It has an affiliated nonprofit foundation that was included in the review. "It's especially disturbing for taxpayers who are giving a non-profit hospital a tax break because they are expected to provide charity care to the community and at the same time the executive is making a million dollars a year," warned Carmen Balber, Executive Director of the California based Consumer Watchdog. (PRES&CEO-COOPER UNIV HLTH/TTEE) $1,427,587: Kevin O'Dowd (Sr EVP-chief admin off) $1,386,021 . 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. Avg. Compensation Date of data; Anthony J. Mazzarelli: President and Chief Executive Officer . Copyright © 2023 Becker's Healthcare. interest expense, other taxes) , and $125 million in travel and conferences. 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. Like Hern, Clement left in November of that year. Silvers is also a MetroHealth board member and helped determine Dr. Boutros's salary. An example of data being processed may be a unique identifier stored in a cookie. It's raising concerns among consumer watchdog groups as well. He had the highest percent increase in total compensation out of non-athletics employees at 41%, bringing his total compensation over $1.06. We have partnered with a large nonprofit health system to assist them in the search for a Chief Executive Officer for their Montana Region. 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. Once again, many factors may have an impact on these high salaries. 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. University Hospitals salaries: How much does University - Indeed 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}. Employees: 1,768, of whom263 received more than $100,000. He also worked at St. Josephs Healthcare System in Paterson (serving as system vice president from 2005-10) and Valley Health in Ridgewood (serving as director, operations, and business development from 1995-2001). Collaborates with senior management, develops nursing standards and protocols, and assures implementation across the Site. . Being the CEO of a hospital can be a satisfying career path with lots of opportunities to influence how the healthcare system operates. The announcement comes months after Elnahal announced he was headed to Washington, D.C. Search thousands of open positions to find your next opportunity. He was paid $714,173 in bonuses and incentives. All Rights Reserved. Hospital Employee Compensation . With about 14,000 workers, the regional system is the Rochester areas second-largest employer. Dowling also heads the hospital's parent organization, Northwell Health, which is affiliated with 21 hospitals, including Northern Westchester Hospital in Mount Kisco. The remaining expenses include $492 million in office expenses, $473 million in medical supplies, $417 million in fees for services, $408 million in grants (of which $403 million was for domestic students), $185 million in other expenses (i.e. Westchester Medical Center in Valhalla is a public-private New York public benefit corporation. San Francisco City consistently ranks #1 as of February 27, 2023. Drexel University President John Fry 2016 income $2,226,838 7. Read Bio. 2020 Reports Reports are due 135 days after the end of the hospital's fiscal year. Actors Equity Association: How Membership Dues areSpent, Executive Compensation at Actors EquityAssociation, Executive Compensation at Shriners Hospitals(2020). 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. From 1998 to 2005, he was chief medical officer. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. The Newark hospital's board voted unanimously at a. Guidestar reported that only one . Duplicated download links may be due to resubmissions or amendments to an organization's original return. 2023 www.lohud.com. The top 10% of hospital CEO salaries fall between $200,000 and $300,000. Click on the chart to see the detail salary data for Hospital Chief Executive Officer in each city. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Hospital Chief Executive Officer in the United States. 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.". 'twitter-wjs'); Hospital CEO salaries continue to increase nationwide, Give Light and the People Will Find Their Own Way, A recent study published in the Journal of American Medicine, Ohio State University Wexner Medical Center: $1.1 million, University of Toledo Medical Center; $800,000. 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? 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. University Hospital, the state's sole public medical center, announced on Thursday that Ed Jimenez will be its next president and CEO. Highest paid: Lawrence Levine, CEO, at $1,701,471, including bonus and incentives of $75,000. Rivest, Jeffrey A. . Where Does $100 to the San Diego Zoo Wildlife Alliance Go(2021)? Ohio hospital CEO's earning huge paychecks The IRS Form 990 (2015) covering the year beginning July 1, 2015 and ending June 30, 2016 reports the following key information about Penn: Penn receives approximately 45,000 applications annually and accepts about 8% (about 3,600), making the university one of the most selective schools in the country. Salaries, other compensation and benefits: $100,220,479. Some hospital systems may also offer additional chances for profit sharing. Gender Pay Gap, Here is a list of the first three contributing factors. From https://projects.propublica.org/nonprofits. Theyre provided by the Federal Audit Clearinghouse. Cookie Policy. The total pay included nearly $5.1 million in deferred compensation, along with other benefits. The majority of CEOs also get bonuses, with the typical yearly compensation being estimated at $29,700. By continuing to use our site, you acknowledge that you have read, that you understand, and that you accept our. New York State Employee Salaries | Open The Books