Over the past three years, hospital CNOs have had the lowest rates of salary growth compared with CEOs, CFOs and CMOs, according to a survey from Yaffe & Company, a healthcare compensation consulting firm.
Here are 26 statistics on average salary adjustments for hospital CNOs from 2004 through 2011. Note: The survey received responses from 267 hospitals and health systems. Sixty-five percent of respondents were single-hospital systems, and 51 percent had net patient revenue between $35 million and $199 million. All average adjustments include increases, decreases and freezes in base salaries.
2004-2005: 5.42 percent
2005-2006: 6.94 percent
2006-2007: 6.11 percent
2007-2008: 6.27 percent
2008-2009: 6.69 percent
2009-2010: 2.75 percent
2010-2011: 2.81 percent
2011-2012: 3.94 percent
Hospitals with net patient revenue less than $35 million
25th percentile: 0 percent
50th percentile: 0.1 percent
75th percentile: 3.6 percent
Hospitals with net patient revenue between $35 million and $99 million
25th percentile: 0 percent
50th percentile: 3 percent
75th percentile: 4 percent
Hospitals with net patient revenue between $100 million and $199 million
25th percentile: 1 percent
50th percentile: 2.8 percent
75th percentile: 4.5 percent
Hospitals with net patient revenue between $200 million and $500 million
25th percentile: 0.3 percent
50th percentile: 3 percent
75th percentile: 6.6 percent
Hospitals with net patient revenue greater than $500 million
25th percentile: 2.5 percent
50th percentile: 3.5 percent
75th percentile: 5 percent
Total
25th percentile: 0 percent
50th percentile: 3 percent
75th percentile: 5 percent
Here are 26 statistics on average salary adjustments for hospital CNOs from 2004 through 2011. Note: The survey received responses from 267 hospitals and health systems. Sixty-five percent of respondents were single-hospital systems, and 51 percent had net patient revenue between $35 million and $199 million. All average adjustments include increases, decreases and freezes in base salaries.
Average hospital CNO salary adjustments by year
2004-2005: 5.42 percent
2005-2006: 6.94 percent
2006-2007: 6.11 percent
2007-2008: 6.27 percent
2008-2009: 6.69 percent
2009-2010: 2.75 percent
2010-2011: 2.81 percent
2011-2012: 3.94 percent
Average hospital CNO salary adjustments by net patient revenue and percentiles
Hospitals with net patient revenue less than $35 million
25th percentile: 0 percent
50th percentile: 0.1 percent
75th percentile: 3.6 percent
Hospitals with net patient revenue between $35 million and $99 million
25th percentile: 0 percent
50th percentile: 3 percent
75th percentile: 4 percent
Hospitals with net patient revenue between $100 million and $199 million
25th percentile: 1 percent
50th percentile: 2.8 percent
75th percentile: 4.5 percent
Hospitals with net patient revenue between $200 million and $500 million
25th percentile: 0.3 percent
50th percentile: 3 percent
75th percentile: 6.6 percent
Hospitals with net patient revenue greater than $500 million
25th percentile: 2.5 percent
50th percentile: 3.5 percent
75th percentile: 5 percent
Total
25th percentile: 0 percent
50th percentile: 3 percent
75th percentile: 5 percent
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