The following are 15 statistics based on their findings.
Annual amount of cash compensation for the board chair
(Based on 10 respondents, 17.5 percent of the survey pool)
Less than $5,000 — 10 percent
$5,000 to $9,999 — 10 percent
$10,000 to $14,999 — None
$15,000 to $19,999 — 20 percent
$20,000 to $29,999 — None
$30,000 to $39,999 — 10 percent
$40,000 to $49,999 — 20 percent
More than $50,000 — 30 percent
Approximate total annual expenditure for board education
Including memberships, conferences, retreats and travel
(Based on 58 respondents)
$0 — 1.7 percent
$1 to $9,999 — 12.1 percent
$10,000 to $19,999 — 15.5 percent
$20,000 to $29,999 — 13.8 percent
$30,000 to $49,999 — 19.0 percent
$50,000 to $75,000 — 15.5 percent
More than $75,000 — 22.4 percent
More Articles on Health System Boards:
30 Survey Findings on Nonprofit Health System Boards
Physician Representation on Health System Boards: 17 Findings
Is it Time to Pay Hospital Board Members?
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.