In 2020 the company had 111 billion dollars revenue. Daniel I. Simon, MD. 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. See the list , The data powering this website is available programmatically, via an API. The CEO of a hospital is in charge of all activities at the hospital. The broad experience that a chief executive needs can be obtained by working in many hospital departments. Cooper University Health Care's executive management team has a wealth of experience in health care administration and development. By continuing to use our site, you acknowledge that you have read, that you understand, and that you accept our. An informational website that covers food, innovative products, books, culture, education, travel, and life experiences. Where Does $100 to the San Diego Zoo Wildlife Alliance Go(2021)? Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats. In his new role, he will lead the hospital's daily clinical operations, multiple departments and specialty centers. Each of these skills can be developed by enrolling in an academic program and gaining practical experience working in a hospital environment. The Children's Hospital of Philadelphia Foundation CEO and trustee Madeline Bell 2016 income $2,032,558 8. Get the latest market price for benchmark jobs and jobs in your industry. 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). Apply to Administrator, Director of Quality, Chief Executive Officer and more! The . Employees: 1,015, of whomfivereceived more than $100,000. Learn more about: Compensation Packages, PAYOUTS: NY hospital payouts growCONFLICTS: NY hospital conflicts, perks. An example of data being processed may be a unique identifier stored in a cookie. Salary. He has been a part of the IU Health team for more than two decades, most recently serving as president of IU Health Physicians. We and our partners use cookies to Store and/or access information on a device. (PRES&CEO-COOPER UNIV HLTH/TTEE) $1,427,587: Kevin O'Dowd (Sr EVP-chief admin off) $1,386,021 . Employees: 499, of whom71 received more than $100,000. On Monday evening, the GMCB published on its . 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 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. Samet is the president and CEO of MedStar Health, responsible for overseeing the $5.5 billion nonprofit . Similar Job Titles: Collaborates with senior management, develops nursing standards and protocols, and assures implementation across the Site. 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. 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. A chief executive officer (CEO) is often responsible for formulating policies, coming up with long-term strategies, and giving an organization overall direction.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-large-mobile-banner-2','ezslot_13',198,'0','0'])};__ez_fad_position('div-gpt-ad-howigotjob_com-large-mobile-banner-2-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'howigotjob_com-large-mobile-banner-2','ezslot_14',198,'0','1'])};__ez_fad_position('div-gpt-ad-howigotjob_com-large-mobile-banner-2-0_1');.large-mobile-banner-2-multi-198{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}. Salaries, other compensation and benefits: $41,062,490. -. 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. 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.. 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. Almost 20% of that compensation was captured by a handful of hospital CEOs, who collectively took home $308.8 million over 12 years. Former hospital CEO. Dr Temple was paid between 50,000 and 55,000 as chief executive; plus 50,000 to 55,000 for medical consultant work *19 The organisation is now part of Waltham Forest PCT *20 Chief executive no. The ultimate hospital CEO salary depends on a variety of factors. The geographic market may also affect pay. Herns base salary was $765,994 in 2014. (s);js.id=id;js.src=p+'://platform.twitter.com/widgets.js';fjs.parentNode.insertBefore(js,fjs);}}(document, 'script', 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. All rights reserved. Mission in its 2017 fiscal year paid Paulus $2,460,723, a roughly comparable figure. Like Hern, Clement left in November of that year. Enter your email address to follow this blog and receive notifications of new posts by email. Another consideration is having experience managing larger institutions, either in terms of capacity or overall operating budget. Medicine Doctor, Ob Hospitalist, Vice President Diversity And Inclusion, Search Hospital Chief Executive Officer Jobs. 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. Dr. Cacchione Will Lead Jefferson in Shaping the Future of Healthcare, Higher Education and Discovery. These CEOs earned a much higher average of $1.7 million per year. 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. 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). That's the case for Kenneth Samet, the highest-paid hospital employee in Greater Baltimore. Salaries, other compensation and benefits: $65,605,340. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. The majority of CEOs also get bonuses, with the typical yearly compensation being estimated at $29,700. The total pay included $206,897 in retirement and deferred compensation, along with $1,180,698 in other payments and benefits. Or its just a combined list of comp regardless of what side a person works on? 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. If you want to get more detailed salary information, please view. 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 -. 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. It's raising concerns among consumer watchdog groups as well. Small organizations filing a Form 990N "e-Postcard" are not included in this data. The announcement comes months after Elnahal announced he was headed to Washington, D.C. Highest paid: Ronald Corti, president and CEO, at $678,946. Employees: 1,768, of whom263 received more than $100,000. Gender Pay Gap, We found hospital CEOs in Ohio earning up to $4 million a year. President, Academic & External Affairs and Chief Scientific Officer University Hospitals Health System. Manage Settings Both Duke and Mission were nonprofit integrated health systems based in North Carolina. 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. The analysis revealed a relationship between hospital size and executive compensation. The Internal Revenue Service is substantially delayed in processing and releasing nonprofit filings, so documents available here may not be the most recent an organization has filed. 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. "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. Vantage orchestrates sale to bring marijuana cultivation facility, hundreds of jobs to A.C. DOL makes $4M more available for apprenticeships in nontraditional fields, Simplicity, Insurance Designers of America merge to offer unrivaled insurance solutions. 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. Compensation Date of data; Anthony J. Mazzarelli: President and Chief Executive Officer . 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 system has a $1.5 billion budget and nearly 8,000 employees. The average salary of Chief Executive Officer is higher than Hospital Chief Executive Officer. The Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience. Please enter the following pay factors for Hospital Chief Executive Officer, to get a real-time salary target. Chief Executive Officer. 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. David Ingram, MD. Yale on top. HR Assistant NEW! The average salary of Hospital Chief Executive Officer is $186,565, and the average salary of Chief Executive Officer is $814,273. Job Title. 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. Employees: 829, of whom63 received more than $100,000. . 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}. President, University Hospitals Rainbow Babies & Children s and MacDonald Women s hospitals. 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. Tanya Freeman, chair of the University Hospital board of directors, said she felt Jimenez is a great fit for the role. Another factor is geography. Another study of 35 CEOs of Connecticut nonprofit hospitals found that they were incentivized from 1998 to 2006 to increase the volume of privately insured patients at the expense of uncompensated care and public-pay patients. Many in this role enter the field with a BS in Healthcare Management, but MS degrees are not uncommon. Employees: 1,349, of whom150 received more than $100,000. Residency Program Director, Jobs with a similar salary range to Hospital Chief Executive Officer : 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. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly. 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. Urban location and teaching status were associated with higher executive hourly compensation, according to the study. The CEO is in charge of making sure the hospital is adequately staffed. 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. President and CEO of North Shore University Hospital on Long Island. Executive Compensation at the Alliance Defending Freedom(2020). I would like to thank Mary Maples for assisting with a smooth transition, and the board of directors for choosing me to build upon the mission and values of University Hospital as a community-first facility dedicated to the public good. interest expense, other taxes) , and $125 million in travel and conferences. Design and implement an effective Business Plan to meet hospital occupancy goals and objectives. We have partnered with a large nonprofit health system to assist them in the search for a Chief Executive Officer for their Montana Region. 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. He was paid $1,303,100 in bonuses and incentives. 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). 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}. How much money does the highest-paid hospital CEO make? The board also conducted two listening sessions with stakeholders and community members to hear their input regarding characteristics the ideal candidate would possess. Of the ten most highly compensated individuals, 9 are male and 1 (the President and most highly compensated individual) is female. Weatherhead School of Management at Case Western Reserve University The hospital systems paid highly paid executives more than $1.75 billion from 2010 to 2021. From 1998 to 2005, he was chief medical officer. 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. 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. Am I understanding this correctly that finances are mixed between the medical side of Penn and the University/Research side of Penn? 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. Simply type in your destination (building, department, doctor's office) and the app will display turn-by-turn walking directions to help get you there. The following are some of the most important skills for a hospital CEO. "Although both CEO compensation and worker wage increase in a stepwise fashion as hospital size increases, increase in CEO compensation tends to exceed that of worker pay for larger hospitals, giving them a higher pay equity ratio," according to the authors of the study. Some hospital CEOs were paid twice the rate of other workers, while the highest paid received 60 times the hourly pay of general workers. 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. Thomas Jefferson University Hospital President and trustee Richard Webster 2016 income $802,994 6. 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. Continue with Recommended Cookies. The CEO will also develop the guidelines that all other hospital staff members must adhere to promote operational efficiency. Highest paid: Dr. Rajiv Ratan, director of Burke Medical Research, at $999,482, including bonus and incentives of $467,000. Of the 20 most highly compensated individuals, 17 (85%) are male and 3 (15%) are female. Copyright 2023 Becker's Healthcare. The right education, which offers the chance to refine important abilities and acquire technical competencies, is the first step toward becoming the hospitals top executive. Qualification experience is equally vital as education. 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. 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. Hospital, General (Health General and Rehabilitative) Nonprofit . Tuition, room, and board totals about $70,000 annually which makes a 4-year education nearly $300,000.