Median total cash compensation for health system leaders increased 3.5% from 2022 to 2023, according to one new survey.
The finding, which is equal to base salaries plus annual incentive awards, comes from SullivanCotter, a consulting firm based in Chicago.
The firm examined data from more than 3,000 organizations representing nearly 42,160 executives and managers.
Here is the increase in median total cash compensation for six health system roles from 2022 to 2023, according to the survey, which was conducted from January to April with an analysis of the data that published Oct. 12:
CEO
Organizations with less than $3 billion in revenue: 6.6%
Organizations with more than $3 billion in revenue: 2%
COO
Less than $3 billion: 7.5%
More than than $3 billion: 3.7%
CFO
Less than $3 billion: 5.1%
More than than $3 billion: 6%
Senior vice presidents
Less than $3 billion: 5.3%
More than than $3 billion: 2.8%
Vice presidents
Less than $3 billion: 4.3%
More than than $3 billion: 3.9%
Management
Less than $3 billion: 3.9%
More than than $3 billion: 4%