Hospital and health system executives' median total cash compensation increased 6.9 percent in the past year, indicating accelerated growth over 2014, according to a recent survey from Sullivan, Cotter and Associates.
The 2015 "Manager and Executive Compensation in Hospitals and Health Systems Survey" includes data from nearly 27,300 executives across more than 1,700 organizations.
Here are five more key statistics from the report.
- Executive median TCC for health systems alone increased 7.4 percent, up 1.8 percent over 2014 findings.
- Annual incentive targets were hit by 28 percent more health systems this year, which contributed to the increased TCC.
- Median base salaries at health systems rose 3.6 percent, consistent with 2014 increases.
- Comparatively, median base salaries at hospitals increased 2.6 percent.
- Executives at hospitals with more than $300 million in revenue saw a 3 percent increase in base salary.
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