Here are 13 of the most recent hospital and health system executive compensation stories in the past month, starting with the most recent.
1. Wah-chung Hsu, former CFO of Brooklyn, N.Y.-based Wyckoff Heights Medical Center, is suing the hospital for severance pay.
2. Maine has nine critical access hospitals throughout the state, and most CEOs of those hospitals have an average annual compensation between $230,000 and $330,000.
3. Hospital and health system executives are expected to receive average salary increases of 2.5 percent in 2012.
4. Non-profit hospitals in New York have increased the practice of supplemental executive retirement plans as a way to retain CEOs and reward longevity at the hospital.
5. Total compensation for the CEOs of Indianapolis' four largest health systems grew between 15 percent and 53 percent from 2008 to 2010.
6. Compensation for Richard Bracken, CEO of Nashville, Tenn.-based Hospital Corporation of America, was valued at $5.7 million in 2011, down roughly 85 percent from $38.2 million in 2010.
7. Pam Maples, former CEO of St. John's Medical Center in Jackson, Wyo., is currently making $25,000 per month as a consultant as part of her early retirement package with the hospital, but she has reportedly not yet provided any "consulting services" since she left more than four months ago.
8. Charles Martin Jr., CEO and board chairman of Nashville, Tenn.-based Vanguard Health Systems, recorded total compensation of $3.7 million for the fiscal year ended June 30, 2011 — a 54 percent increase from his 2010 compensation of $2.4 million.
9. The average CEO salary, bonuses and benefits of the 11 main hospitals based around the Albany, N.Y., area is $603,457.
10. For the fiscal year ended Sept. 30, 2011, Carl Whitmer, president and CEO of Franklin, Tenn.-based IASIS Healthcare, recorded total compensation of $5.58 million, which includes potential stock option awards.
11. In 2011, the average salary of an independent hospital general counsel was 57 percent of the CEO's salary.
12. In a 15 to 5 decision, the board of trustees at Fayetteville, N.C.-based Cape Fear Valley Health System voted to give CEO Mike Nagowski a 2 percent salary raise to $534,732 and an incentive bonus worth $189,669 despite hospital investigations from CMS and state investigators over the past year.
13. Salaries of hospital executives in the New York metro area are 19 percent higher on average when compared to the national market data of similarly sized hospitals and health systems.
1. Wah-chung Hsu, former CFO of Brooklyn, N.Y.-based Wyckoff Heights Medical Center, is suing the hospital for severance pay.
2. Maine has nine critical access hospitals throughout the state, and most CEOs of those hospitals have an average annual compensation between $230,000 and $330,000.
3. Hospital and health system executives are expected to receive average salary increases of 2.5 percent in 2012.
4. Non-profit hospitals in New York have increased the practice of supplemental executive retirement plans as a way to retain CEOs and reward longevity at the hospital.
5. Total compensation for the CEOs of Indianapolis' four largest health systems grew between 15 percent and 53 percent from 2008 to 2010.
6. Compensation for Richard Bracken, CEO of Nashville, Tenn.-based Hospital Corporation of America, was valued at $5.7 million in 2011, down roughly 85 percent from $38.2 million in 2010.
7. Pam Maples, former CEO of St. John's Medical Center in Jackson, Wyo., is currently making $25,000 per month as a consultant as part of her early retirement package with the hospital, but she has reportedly not yet provided any "consulting services" since she left more than four months ago.
8. Charles Martin Jr., CEO and board chairman of Nashville, Tenn.-based Vanguard Health Systems, recorded total compensation of $3.7 million for the fiscal year ended June 30, 2011 — a 54 percent increase from his 2010 compensation of $2.4 million.
9. The average CEO salary, bonuses and benefits of the 11 main hospitals based around the Albany, N.Y., area is $603,457.
10. For the fiscal year ended Sept. 30, 2011, Carl Whitmer, president and CEO of Franklin, Tenn.-based IASIS Healthcare, recorded total compensation of $5.58 million, which includes potential stock option awards.
11. In 2011, the average salary of an independent hospital general counsel was 57 percent of the CEO's salary.
12. In a 15 to 5 decision, the board of trustees at Fayetteville, N.C.-based Cape Fear Valley Health System voted to give CEO Mike Nagowski a 2 percent salary raise to $534,732 and an incentive bonus worth $189,669 despite hospital investigations from CMS and state investigators over the past year.
13. Salaries of hospital executives in the New York metro area are 19 percent higher on average when compared to the national market data of similarly sized hospitals and health systems.
More Articles on Hospital Executive Compensation:
Compensation Manifesto: 11 Steps for Hospital CEOs and Compensation Committees to "Get it Right"
The 4 Dimensions of Hospital Accountability
4 Ways Benefits Differ Between Hospital Executives and Physicians