14 Recent Hospital, Physician Compensation Stories

Here are the 14 latest hospital and physician compensation stories from the past month, starting with the most recent.

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1. HCA Shareholders Approve Executive Pay for 2012
At Hospital Corporation of America’s annual meeting, an overwhelming amount of shareholders — roughly 98 percent — approved the pay packages of the company’s top executives in a nonbinding vote.

2. LifePoint CEO Bill Carpenter’s Compensation Rises 16% to $8.96M
Bill Carpenter, chairman and CEO of Brentwood, Tenn.-based LifePoint Hospitals, made $8.96 million in fiscal year 2012 — a 16 percent increase from $7.73 million he earned in 2011.

3. CEO of Memorial Hospital in Georgia Gets Pay Bump
Bill Walker, CEO of Memorial Hospital and Manor in Bainbridge, Ga., received a 3 percent salary hike and a 10 percent bonus.

4. 20 Chicago-Area Hospital CEOs Made at Least $1M Last Year
Twenty CEOs of Chicago-based hospitals and health systems made at least $1 million in total compensation in 2011, making Chicagoland hospital executives among the highest-paid in the nation.

5. $125k Raise for Maricopa Health System CEO Draws Criticism
In February, the board of directors of Phoenix-based Maricopa Integrated Health System approved a $125,000 raise for CEO Betsey Bayless, and the decision drew ire from some community stakeholders.

6. Hospitals Dominate 6-Figure Paychecks in Pennsylvania
Of the roughly 662 non-profit organizations in Pennsylvania that provide some type of health or human services, more than half reported individuals earning at least $100,000 per year, and acute-care hospitals were among the primary organizations with the highest-paid employees.

7. Severance for Fired CaroMont CEO Could Reach $1.2M
Gastonia, N.C.-based CaroMont Health fired its President and CEO Randall Kelley yesterday, and the former executive could reap a severance package of almost $1.2 million.

8. Pay Package for HMA CEO Gary Newsome Climbs 17% to $8.3M
In fiscal year 2012, Gary Newsome, president and CEO of Naples, Fla.-based Health Management Associates, recorded $8.30 million in total compensation — a 16.8 percent increase from last year’s pay package.

9. 7 Years Later, Retired Legacy Health CEO Still Earns Millions
Although Robert Pallari retired as CEO of Legacy Health in Portland, Ore., in 2005, he still recorded more than $6.3 million in compensation last year.

10. CHS CEO Wayne Smith’s 2012 Compensation Declines to $17.3M
Compensation for Wayne Smith, chairman, president and CEO of Franklin, Tenn.-based Community Health Systems, totaled $17.3 million for 2012 — a drop of more than $4 million from his 2011 pay package.

11. Universal Health Services Doles Out $11.7M to CEO Alan Miller
For fiscal year 2012, Alan Miller, chairman and CEO of King of Prussia, Pa.-based Universal Health Services, recorded total compensation of $11.7 million, a 6.7 percent drop from last year’s total.

12. Minnesota Hospital CEO Defers Bonus, Raise Due to Lagging Finances
As District One Hospital in Faribault, Minn., grapples with millions in lost revenue, hospital CEO Stephen Pribyl deferred his performance bonus and 2 percent salary raise.

13. BLS: Physicians Hold 9 of 10 Highest-Compensated Jobs
Of the 10 highest-paying jobs across all U.S. industries, the top nine are related to physician specialties.

14. Compensation for Capella CEO Dan Slipkovich Rises to $938k
Thanks to new bonuses and incentives, executives at Franklin, Tenn.-based Capella Healthcare received much higher compensation in fiscal year 2012, with CEO Dan Slipkovich earning the most with $937,895.

More Articles on Hospital and Physician Compensation:

Survey: Primary Care Physician First-Year Guaranteed Pay Rises
5 Tips on Moving Away From RVUs for Physician Compensation
Keeping Employed Physicians Profitable: Is It Impossible?

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