Montana Hospital CEOs See Increased Pay, Bonuses

In fiscal years 2010 and 2011, most top officials at Montana-based hospitals and health systems received salary raises and bonuses as most other salaries and wages in the state and country continued to stagnate, according to a Missoulian report.

Seven of the nine hospital CEOs looked at in the report earned bonuses, and total compensation among eight of the hospital system CEOs ranged from $273,800 to $769,000. John Goodnow, CEO of Benefis Health System in Great Falls, Mont., received $1.9 million last year with a $477,300 salary, $188,300 in bonuses and $1.23 million as "other" compensation. Benefis officials said the high amount of "other" compensation reflects one-time payouts of deferred compensation and retirement payments from prior years, according to the report.

The salary totals for the executives puts them in the top 0.5 percent of the income bracket in Montana, and officials at all hospital systems said the compensation levels are required to "attract and maintain top executives," according to the report. Here are the total compensation figures of the nine main hospital and health system CEOs in Montana.

•    John Goodnow, CEO of Benefis Health System (Great Falls): $1.9 million
•    James Paquette, former CEO of St. Vincent Healthcare (Billings): $769,000
•    Nicholas Wolter, MD, CEO of Billings Clinic: $660,500
•    Velinda Stevens, CEO of Kalispell Regional Medical Center: $580,700
•    John Solheim, former CEO of St. Peter's Hospital (Helena): $485,000
•    Jeff Fee, CEO of St. Patrick Hospital (Missoula): $460,700
•    John Nordwick, former CEO of Bozeman Deaconess Hospital: $390,300
•    Steve Carlson, CEO of Community Medical Center (Missoula): $339,500
•    Chuck Wright, CEO of St. James Healthcare (Butte): $273,800

More Articles on Hospital Executive Compensation:

New-Era Executive Compensation: The Impacts of Dodd-Frank's "Say-on-Pay" for Hospitals

18 Connecticut Hospital Execs Make More Than $1M

Most Critical Access Hospital CEOs in Maine Earn $230k-$330k

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars