The following 46 statistics detail the cumulative base salary, incentive/bonus/stock awards and total compensation of CEOs, CFOs and other key "named executive officers" of the eight largest for-profit hospital companies in the United States over the past five years.
All figures were paid to the top five named executives of each hospital company from 2007 through 2011 (for IASIS and Vanguard, these numbers go from 2008 through their 2012 fiscal years). All statistics are based on the most up-to-date information from each hospital company's definitive proxy statements filed with the U.S. Securities and Exchange Commission (SEC Form DEF 14A), annual reports and additional analysis from Morningstar. Note: Data from each year may not reflect data/executives originally posted in that year's DEF 14A.
2010: $40.5 million
2009: $32.8 million
2008: $24.1 million
2007: $46.4 million
Average compensation per executive (2007-2011): $7.48 million
2010: $13.1 million
2009: $9.9 million
2008: $7.9 million
2007: $8.9 million
Average compensation per executive (2007-2011): $2.16 million
2010: $75.1 million — only includes three executives
2009: $23.6 million — only includes three executives and HCA was a private company at this time
2008: N/A — HCA was a private company at this time
2007: N/A — HCA was a private company at this time
Average compensation per executive (2009-2011): $10.67 million
2011: $13.7 million
2010: $8.8 million
2009: $5.6 million
2008: $3.1 million
Average compensation per executive (2008-2012): $1.50 million
2010: $18.5 million
2009: $15.6 million
2008: $11.6 million
2007: $9.4 million
Average compensation per executive (2007-2011): $2.91 million
2010: $24.0 million
2009: $20.9 million
2008: $22.9 million
2007: $19.7 million
Average compensation per executive (2007-2011): $4.37 million
2010: $12.9 million
2009: $18.4 million
2008: $13.0 million
2007: $11.3 million
Average compensation per executive (2007-2011): $3 million
2011: $13.4 million
2010: $10.2 million
2009: $9.4 million
2008: $7.8 million
Average compensation per executive (2008-2012): $2.36 million
All figures were paid to the top five named executives of each hospital company from 2007 through 2011 (for IASIS and Vanguard, these numbers go from 2008 through their 2012 fiscal years). All statistics are based on the most up-to-date information from each hospital company's definitive proxy statements filed with the U.S. Securities and Exchange Commission (SEC Form DEF 14A), annual reports and additional analysis from Morningstar. Note: Data from each year may not reflect data/executives originally posted in that year's DEF 14A.
Community Health Systems (Franklin, Tenn.)
2011: $43.2 million2010: $40.5 million
2009: $32.8 million
2008: $24.1 million
2007: $46.4 million
Average compensation per executive (2007-2011): $7.48 million
Health Management Associates (Naples, Fla.)
2011: $14.2 million2010: $13.1 million
2009: $9.9 million
2008: $7.9 million
2007: $8.9 million
Average compensation per executive (2007-2011): $2.16 million
Hospital Corporation of America (Nashville, Tenn.)
2011: $18.7 million2010: $75.1 million — only includes three executives
2009: $23.6 million — only includes three executives and HCA was a private company at this time
2008: N/A — HCA was a private company at this time
2007: N/A — HCA was a private company at this time
Average compensation per executive (2009-2011): $10.67 million
IASIS Healthcare (Franklin, Tenn.)
2012: $6.4 million2011: $13.7 million
2010: $8.8 million
2009: $5.6 million
2008: $3.1 million
Average compensation per executive (2008-2012): $1.50 million
LifePoint Hospitals (Brentwood, Tenn.)
2011: $17.7 million2010: $18.5 million
2009: $15.6 million
2008: $11.6 million
2007: $9.4 million
Average compensation per executive (2007-2011): $2.91 million
Tenet Healthcare (Dallas)
2011: $21.8 million2010: $24.0 million
2009: $20.9 million
2008: $22.9 million
2007: $19.7 million
Average compensation per executive (2007-2011): $4.37 million
Universal Health Services (King of Prussia, Pa.)
2011: $19.5 million2010: $12.9 million
2009: $18.4 million
2008: $13.0 million
2007: $11.3 million
Average compensation per executive (2007-2011): $3 million
Vanguard Health Systems (Nashville, Tenn.)
2012: $18.2 million2011: $13.4 million
2010: $10.2 million
2009: $9.4 million
2008: $7.8 million
Average compensation per executive (2008-2012): $2.36 million
More Articles on Hospital Executive Compensation:
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Largest Executive Stock Awards at 8 Major For-Profit Hospital Operators Last Year
New-Era Executive Compensation: The Impacts of Dodd-Frank's "Say-on-Pay" for Hospitals