The following compensation disclosures were released within the past month and are organized alphabetically.
Beth Israel Deaconess Medical Center (Boston)
Paul Levy, the hospital's departing CEO who had a relationship with a female employee, will receive up to $1.6 million in severance. The amount covers Mr. Levy's base salary for two years, what is left of his contract. The board described Mr. Levy's exit as a "negotiated departure" rather than a voluntary resignation.
Carolinas HealthCare (Charlotte, N.C.)
Carolinas' CEO, Michael Tarwater, received $3.7 million in 2010 — $287,000 more than the year prior, according to a Charlotte Observer report. The increase is attributed to the system's lifting of a pay freeze and paying bonuses for reaching annual and long-term goals.
CaroMont Health (Gastonia, N.C.)
Valinda Rutledge, CaroMont's CEO, earned $1.1 million from January through December 2010. The system's top 10 executives earned more than $5.8 million last year, a figure that includes base salaries, benefits, healthcare, retirement and deferred pay earned in previous years but invested and paid in 2010.
Cleveland Clinic (Cleveland)
CEO Delos "Toby" Cosgrove, MD, was paid slightly more than $2.1 million in 2009 — 11 percent more than the year prior. Thirteen Cleveland Clinic employees were paid more than $1 million in 2009, most of them being heads or chairs of the Clinic's various institutes. Twelve of the 13 hold medical degrees.
El Camino Hospital (Mountain View, Calif.)
The hospital's former president and CEO, Ken Graham, will receive a $948,960 severance package after being ousted by the board without cause. The hospital is paying Mr. Graham a lump sum of 18 months' salary, along with 18 months worth of health benefits when he steps down June 30.
Read more about executive compensation:
- 5 Recent Healthcare Compensation Controversies
- 10 Most-Read Compensation Stories in 2010
Beth Israel Deaconess Medical Center (Boston)
Paul Levy, the hospital's departing CEO who had a relationship with a female employee, will receive up to $1.6 million in severance. The amount covers Mr. Levy's base salary for two years, what is left of his contract. The board described Mr. Levy's exit as a "negotiated departure" rather than a voluntary resignation.
Carolinas HealthCare (Charlotte, N.C.)
Carolinas' CEO, Michael Tarwater, received $3.7 million in 2010 — $287,000 more than the year prior, according to a Charlotte Observer report. The increase is attributed to the system's lifting of a pay freeze and paying bonuses for reaching annual and long-term goals.
CaroMont Health (Gastonia, N.C.)
Valinda Rutledge, CaroMont's CEO, earned $1.1 million from January through December 2010. The system's top 10 executives earned more than $5.8 million last year, a figure that includes base salaries, benefits, healthcare, retirement and deferred pay earned in previous years but invested and paid in 2010.
Cleveland Clinic (Cleveland)
CEO Delos "Toby" Cosgrove, MD, was paid slightly more than $2.1 million in 2009 — 11 percent more than the year prior. Thirteen Cleveland Clinic employees were paid more than $1 million in 2009, most of them being heads or chairs of the Clinic's various institutes. Twelve of the 13 hold medical degrees.
El Camino Hospital (Mountain View, Calif.)
The hospital's former president and CEO, Ken Graham, will receive a $948,960 severance package after being ousted by the board without cause. The hospital is paying Mr. Graham a lump sum of 18 months' salary, along with 18 months worth of health benefits when he steps down June 30.
Read more about executive compensation:
- 5 Recent Healthcare Compensation Controversies
- 10 Most-Read Compensation Stories in 2010