Hospital and health system leadership pay increased over the last year, with system- and hospital-level base salaries up in 2024, according to a recent SullivanCotter report.
The 2024 Health Care Management and Executive Compensation Survey included data from 3,300 organizations and 45,000 incumbents. Management-level leaders saw a lower median average increase than executives across most categories, except subsidiary hospital-based salaries.
Four statistics on total compensation increases for hospital management:
1. System-level base salary: 4.2% (vs. 5.2% for executives)
2. System-level total cash compensation: 3.9% (vs. 8.3% for executives)
3. Subsidiary hospital base salary: 3.6% (vs. 3.5% for executives)
4. Subsidiary hospital total cash compensation: 5.3% (vs. 7.4% for executives)