Chief executives of Massachusetts' largest hospitals and health systems saw significant pay raises in 2016, with David Torchiana, MD, CEO of Boston-based Partners HealthCare, topping the list for total compensation, according to federal tax filings cited by The Boston Globe.
In 2016, Dr. Torchiana's first full year as CEO of Partners, he earned total compensation of $4.7 million, including a base salary of $2.1 million. Total compensation includes base salary, bonuses, retirement benefits and other pay.
Partners, Massachusetts' largest hospital system, uses a performance-based compensation system "that is competitive with other academic medical centers here in Boston and across the nation," board chairman Scott Sperling told the Globe. "The competition for excellent managers and leaders is especially strong at this time."
Here are compensation statistics for 11 Massachusetts hospital and health system executives:
1. David Torchiana, MD, CEO of Partners HealthCare:
2015 total compensation: $4,264,976
2016 total compensation: $4,723,847
2. Elizabeth Nabel, MD, president of Boston-based Brigham and Women's Hospital:
2015 total compensation: $2,106,269
2016 total compensation: $3,649,084
3. Peter Slavin, MD, president of Boston-based Massachusetts General Hospital:
2015 total compensation: $2,004,094
2016 total compensation: $3,629,616
4. Mark Keroack, MD, CEO of Springfield-based Baystate Health:
2015 total compensation: $1,472,006
2016 total compensation: $2,220,707
5. Sandra Fenwick, CEO of Boston Children's Hospital:
2015 total compensation: $1,852,169
2016 total compensation: $2,184,021
6. Eric Dickson, MD, CEO of Worcester-based UMass Memorial Health Care:
2015 total compensation: $1,834,131
2016 total compensation: $2,012,426
7. Howard Grant, MD, CEO of Burlington-based Lahey Health:
2015 total compensation: $1,641,336
2016 total compensation: $1,368,927
8. Kevin Tabb, MD, CEO of Boston-based Beth Israel Deaconess Medical Center:
2015 total compensation: $1,637,639
2016 total compensation: $1,616,327
9. Kate Walsh, CEO of Boston Medical Center:
2015 total compensation: $1,507,750
2016 total compensation: $1,729,874
10. Edward Benz Jr., MD, CEO of Boston-based Dana-Farber Cancer Institute (left job in September 2016):
2015 total compensation: $1,551,407
2016 total compensation: $1,503,221
11. Michael Wagner, MD, CEO of Boston-based Tufts Medical Center (left job in April):
2015 total compensation: $932,101
2016 total compensation: $1,180,579