Here are the latest hospital executive stories of the past month, starting with the most recent.
1. Average CEO compensation at non-profit hospitals in New Hampshire has been rising faster than private sector wages, and a new report from the independent New Hampshire Center for Public Policy found that while CEO pay is IRS compliant, there are a few caveats.
2. Mike German, CFO of Lee Memorial Health System in Fort Myers, Fla., proposed ending management bonuses and incentives as part of the health system's budget for 2013.
3. The next CEO of Parkland Memorial Hospital in Dallas will earn roughly $950,000.
4. Non-profit hospitals that overcompensate their top executives could find themselves in hot water, both in the eyes of federal regulators as well as their local communities, according to a recent webinar from Venable and Guidestar.
5. In fiscal years 2010 and 2011, most top officials at Montana-based hospitals and health systems received salary raises and bonuses as most other salaries and wages in the state and country continued to stagnate.
6. Scrutiny from federal and state regulars, as well as the media, will always surround executive compensation at non-profit hospitals, and there are seven red flags that could ignite the firestorm.
7. This November, registered voters within the El Camino Hospital district in Mountain View, Calif., will decide whether there should be salary caps for El Camino Hospital executives.
8. Port Angeles, Wash.-based Olympic Medical Center CEO Eric Lewis is expected to receive a 10 percent salary raise to $176,000 pending board approval, but that would still put him below the average for the area.
9. Almost two years ago in July 2010, President Barack Obama signed a 1,408-page bill into law that aimed to reign in the dominating presence of the U.S. financial services sector — the Dodd-Frank Wall Street Reform and Consumer Protection Act. Find out how it could impact the pay of top for-profit hospital company executives.
10. The former executive at Tri-City Healthcare District in Oceanside, Calif., filed a legal claim seeking $445,000 in severance pay and more than $1 million in damages from the district, alleging he was terminated because he requested time off for medical reasons.
11. Compensation for several hospital and health system CEOs in southwest Ohio have raised eyebrows in the area — former CEO of Cincinnati Children's Hospital Medical Center Michael Anderson made $4.2 million when he retired at the end of 2009 — but hospitals argued the salaries help keep the best talent in the area.
1. Average CEO compensation at non-profit hospitals in New Hampshire has been rising faster than private sector wages, and a new report from the independent New Hampshire Center for Public Policy found that while CEO pay is IRS compliant, there are a few caveats.
2. Mike German, CFO of Lee Memorial Health System in Fort Myers, Fla., proposed ending management bonuses and incentives as part of the health system's budget for 2013.
3. The next CEO of Parkland Memorial Hospital in Dallas will earn roughly $950,000.
4. Non-profit hospitals that overcompensate their top executives could find themselves in hot water, both in the eyes of federal regulators as well as their local communities, according to a recent webinar from Venable and Guidestar.
5. In fiscal years 2010 and 2011, most top officials at Montana-based hospitals and health systems received salary raises and bonuses as most other salaries and wages in the state and country continued to stagnate.
6. Scrutiny from federal and state regulars, as well as the media, will always surround executive compensation at non-profit hospitals, and there are seven red flags that could ignite the firestorm.
7. This November, registered voters within the El Camino Hospital district in Mountain View, Calif., will decide whether there should be salary caps for El Camino Hospital executives.
8. Port Angeles, Wash.-based Olympic Medical Center CEO Eric Lewis is expected to receive a 10 percent salary raise to $176,000 pending board approval, but that would still put him below the average for the area.
9. Almost two years ago in July 2010, President Barack Obama signed a 1,408-page bill into law that aimed to reign in the dominating presence of the U.S. financial services sector — the Dodd-Frank Wall Street Reform and Consumer Protection Act. Find out how it could impact the pay of top for-profit hospital company executives.
10. The former executive at Tri-City Healthcare District in Oceanside, Calif., filed a legal claim seeking $445,000 in severance pay and more than $1 million in damages from the district, alleging he was terminated because he requested time off for medical reasons.
11. Compensation for several hospital and health system CEOs in southwest Ohio have raised eyebrows in the area — former CEO of Cincinnati Children's Hospital Medical Center Michael Anderson made $4.2 million when he retired at the end of 2009 — but hospitals argued the salaries help keep the best talent in the area.
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