MetroHealth CEO Earned $696k While System Lost $2.7M in 2011
Cleveland-based MetroHealth System President and CEO Mark Moran's salary and benefits totaled $695,600 in 2011, according to a Cleveland Plain Dealer report.MetroHealth recently announced it had a net loss of $2.7 million in 2011, which was $1.6 million more than county leaders expected earlier this year, according to the report. Moody's also downgraded MetroHealth's debt in December and gave the health system a negative outlook.
Mr. Moran did not receive any bonuses last year. In December, he said he will resign from his position but will stay with MetroHealth until a replacement is found.
Related Articles on Hospital CEO Compensation:
Erlanger Interim CEO Receives Only Raise in Management Shuffle
Four Western New York Hospital Execs Made More Than $1M in 2010
NY Hospital CEOs May Be Able to Avoid Salary Cap
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