Here are five of the biggest hospital compensation stories for the month of February, starting with the most recent.
1. Anne McSweeney, director of the Office of Development at Memorial Sloan-Kettering Cancer Center in New York, earned more than $1.4 million in salary and benefits in 2010. Richard Naum, another executive within Memorial Sloan-Kettering's fundraising center, earned $844,100 in 2010. However, executive recruiters said those high salaries are anomalies, as most hospital fundraising executives earn between $200,000 and $300,000 per year.
2. Two executives who used to work at Quincy (Mass.) Medical Center and were fired after Boston-based Steward Health Care bought the hospital are now seeking severance payments. Apurv Gupta, MD, Quincy Medical Center's former CMO, is asking for $468,000, and Victor Munger, former senior vice president of human resources, is seeking $135,000.
3. Erlanger Health System, based in Chattanooga, Tenn., has awarded a severance package to another executive, the third such buyout since the end of last year. Keith Helton, MD, former senior vice president of physician services, received a six-month severance of $92,492.
4. In response to a potential ballot measure to cap the pay of executives at Mountain View, Calif.-based El Camino Hospital, the administration has said the executive compensation is on par with industry standards.
5. Michael Tarwater, CEO of Charlotte, N.C.-based Carolinas HealthCare System, earned more than $4.2 million in total compensation in 2011, an increase of more than 13 percent from 2010.
1. Anne McSweeney, director of the Office of Development at Memorial Sloan-Kettering Cancer Center in New York, earned more than $1.4 million in salary and benefits in 2010. Richard Naum, another executive within Memorial Sloan-Kettering's fundraising center, earned $844,100 in 2010. However, executive recruiters said those high salaries are anomalies, as most hospital fundraising executives earn between $200,000 and $300,000 per year.
2. Two executives who used to work at Quincy (Mass.) Medical Center and were fired after Boston-based Steward Health Care bought the hospital are now seeking severance payments. Apurv Gupta, MD, Quincy Medical Center's former CMO, is asking for $468,000, and Victor Munger, former senior vice president of human resources, is seeking $135,000.
3. Erlanger Health System, based in Chattanooga, Tenn., has awarded a severance package to another executive, the third such buyout since the end of last year. Keith Helton, MD, former senior vice president of physician services, received a six-month severance of $92,492.
4. In response to a potential ballot measure to cap the pay of executives at Mountain View, Calif.-based El Camino Hospital, the administration has said the executive compensation is on par with industry standards.
5. Michael Tarwater, CEO of Charlotte, N.C.-based Carolinas HealthCare System, earned more than $4.2 million in total compensation in 2011, an increase of more than 13 percent from 2010.
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