Forty percent of the CFOs at the nation's 25 highest-grossing nonprofit hospitals received at least $1 million in total compensation in 2011 or 2012.
According to the most recent IRS Form 990s filed by each hospital, CFOs at some of the largest hospitals earned anywhere from a low of $423,000 to a high of $2.29 million. Overall, the 25 CFOs collected about $24.2 million, equating to an average payday of approximately $967,000.
Here are the compensation figures of those hospitals' CFOs. Names and figures are presented in order based on the organization's rank in the most recent Becker's Hospital Review list of "50 Top-Grossing Nonprofit Hospitals."
Note: All compensation figures include base salaries, bonuses, incentives, deferred compensation and other reportable compensation from the institution's Form 990. Figures are based on the most recently filed Form 990 as posted on Guidestar. Hospitals that are part of systems and did not list data for individual CFOs are represented by the health system CFO.
1. Robert DeMichiei, UPMC (Pittsburgh)
2012 total compensation: $1.36 million
2. Steven Glass, Cleveland Clinic
2012 total compensation: $1.04 million
3. Edward Prunchunas, Cedars-Sinai Medical Center (Los Angeles)
2012 total compensation: $1.43 million
4. Eddie Soler, Florida Hospital Orlando
2011 total compensation: $900,295
5. Daniel Morissette, Stanford Hospital & Clinics (Palo Alto, Calif.)
2012 total compensation: $1.08 million
6. Phyllis Lantos, NewYork-Presbyterian Hospital (New York City)
2011 total compensation: $2.26 million
7. Keith Kasper, UPHS/Hospital of the University of Pennsylvania (Philadelphia)
2012 total compensation: $1 million
8. Joel Perlman, Montefiore Medical Center (New York City)
2012 total compensation: $1.93 million
9. Barrie Strickland, UCSF Medical Center (San Francisco)
2012 total compensation: $552,418
10. Paul Goldstein, Orlando (Fla.) Health
2012 total compensation: $466,636
11. Sally Mason Boemer, Massachusetts General Hospital (Boston)
2012 total compensation: $671,847
12. Tim Maurice, UC Davis Medical Center (Sacramento)
2012 total compensation: $497,400
13. Robert Lux, Temple University Hospital (Philadelphia)
2012 total compensation: $540,395
14. Brett Sweet, Vanderbilt University Medical Center (Nashville, Tenn.)
2012 total compensation: $821,045
(Mr. Sweet also serves as CFO of Vanderbilt University.)
15. Ryan Kitchell, Indiana University Health (Indianapolis)
2012 total compensation: $668,478
16. Michael Rutherford, Ohio State University Wexner Medical Center (Columbus)
2012 total compensation: $556,894
17. Michael Reney, Brigham and Women's Hospital (Boston)
2012 total compensation: $553,688
18. Philip Ryan, Crozer-Chester Medical Center (Upland, Pa.)
2012 total compensation: $655,733
19. Ronald D. Morris, University of Texas MD Anderson Cancer Center (Houston)
2012 total compensation: $491,000
20. Robert Glenning, Hackensack (N.J.) University Medical Center
2011 total compensation: $1.62 million
21. Michael Burke, NYU Langone Medical Center (New York City)
2012 total compensation: $595,938
22. Paul Castillo, University of Michigan Hospitals and Health Centers (Ann Arbor)
2012 total compensation: $423,500
23. Neil Lubarsky, Thomas Jefferson University Hospital (Philadelphia)
2012 total compensation: $685,232
24. Kenneth Morris, Duke University Health System (Durham, N.C.)
2012 total compensation: $1.09 million
25. Peter McCanna, Northwestern Memorial Hospital (Chicago)
2011 total compensation: $2.29 million
(Mr. McCanna currently serves as executive vice president and COO of Northwestern Memorial HealthCare.)
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