David Grogan, chair of the board of directors at Iredell Memorial Hospital in Statesville, N.C., said the board supports the compensation package of hospital CEO Ed Rush, following a letter from Statesville law clerk Brian Chapman that called the compensation "excessive," according to a Statesville Record-Landmark report.
Mr. Chapman wrote that he thinks hospital employees' jobs and benefits could have been saved and patient care improved using some of Mr. Rush's compensation.
Mr. Rush's salary has been frozen since Oct. 2008 at $445,000 plus benefits, said the board. The hospital also contributes $530,000 each year to a life insurance policy that Mr. Rush will receive when he retires.
Read the Statesville Record-Landmark report on Ed Rush.
Read more about compensation:
-5 Statistics About Compensation of Family and General Practitioners (note: this link is no longer available)
-Top 5 Medical Specialties With the Highest Income Growth
Mr. Chapman wrote that he thinks hospital employees' jobs and benefits could have been saved and patient care improved using some of Mr. Rush's compensation.
Mr. Rush's salary has been frozen since Oct. 2008 at $445,000 plus benefits, said the board. The hospital also contributes $530,000 each year to a life insurance policy that Mr. Rush will receive when he retires.
Read the Statesville Record-Landmark report on Ed Rush.
Read more about compensation:
-5 Statistics About Compensation of Family and General Practitioners (note: this link is no longer available)
-Top 5 Medical Specialties With the Highest Income Growth