The 4.82 percent increase is the highest average raise since 2009. Many of the average raises are going to CEOs at the largest hospitals, according to the survey. CEOs at hospitals with more than $500 million of net patient revenue received a base salary increase of 4 percent in the 50th percentile — higher than last year’s figure of 2.5 percent.
Supplemental executive retirement plans are also rising in prominence as the average age of a hospital CEO goes up. Among hospitals with at least $100 million of net patient revenue, almost two-thirds of CEOs had a SERP.
Here are 27 statistics on average salary adjustments and SERPs for hospital CEOs. Note: The survey received responses from 406 hospitals and health systems. Forty-one percent of hospital respondents had net patient revenue between $35 million and $199 million, while 39 percent had net patient revenue less than $35 million. All average adjustments include increases, decreases and freezes in base salaries.
Average hospital CEO salary adjustment by year
2009-2010: 4.10 percent
2010-2011: 3.90 percent
2011-2012: 4.09 percent
2012-2013: 4.82 percent
Average hospital CEO salary adjustments by net patient revenue
Hospitals with net patient revenue less than $35 million
25th percentile: 0 percent
50th percentile: 2.6 percent
75th percentile: 6.6 percent
Hospitals with net patient revenue between $35 million and $99 million
25th percentile: 0 percent
50th percentile: 3.0 percent
75th percentile: 6.0 percent
Hospitals with net patient revenue between $100 million and $199 million
25th percentile: 0 percent
50th percentile: 2.8 percent
75th percentile: 6.5 percent
Hospitals with net patient revenue between $200 million and $500 million
25th percentile: 3.0 percent
50th percentile: 5.2 percent
75th percentile: 7.3 percent
Hospitals with net patient revenue greater than $500 million
25th percentile: 3.9 percent
50th percentile: 4.0 percent
75th percentile: 11.1 percent
Total
25th percentile: 0 percent
50th percentile: 3.7 percent
75th percentile: 6.8 percent
Hospital CEOs with SERPs
Hospitals with net patient revenue less than $35 million: 19 percent
Hospitals with net patient revenue between $35 million and $99 million: 34 percent
Hospitals with net patient revenue between $100 million and $199 million: 65 percent
Hospitals with net patient revenue between $200 million and $500 million: 64 percent
Hospitals with net patient revenue greater than $500 million: 55 percent
More Articles on Hospital Executive Compensation:
Parkland Memorial Hospital May Reinstate Incentives for Execs
Sen. Chuck Grassley Questions Hospital CEO Bonuses
12 Statistics on Rural Hospital CEO Compensation
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