Editor’s note: Total compensation can include salary, bonuses, stock and option awards, change in pension value and nonqualified deferred compensation earnings and other compensation.
Highest-earning chief executives in 2023 among large payers and health systems:
1. UnitedHealth Group
Andrew Witty
- Salary: $1,500,000
- Stock awards: $15,000,970
- Option awards: $5,000,114
- Non-equity incentive plan: $1,800,000
- Other compensation: $233,852
- Total: $23,534,936
- 12.8% increase from 2022 ($20,865,106)
2. Elevance Health
Gail Boudreaux
- Salary: $1,600,000
- Stock awards: $11,850,043
- Option awards: $3,950,036
- Non-equity incentive plan: $3,648,000
- Other compensation: $840,960
- Total: $21,889,039
- 4.6% increase since 2022 ($20,931,081)
3. CVS Health
Karen Lynch
- Salary: $1,500,000
- Stock awards: $12,374,971
- Option awards: $4,124,992
- Non-equity incentive plan: $2,992,000
- Other compensation: $623,071
- Total: $21,615,034
- 1.4% increase since 2022 ($21,317,055)
4. Molina Healthcare
Joseph Zubretsky
- Salary: $1,500,000
- Stock awards: $15,500,092
- Non-equity incentive plan compensation: $4,410,000
- Other compensation: $81,631
- Total: $21,491,723
- 2.9% decrease since 2022 ($22,131,256)
5. HCA Healthcare
Sam Hazen
- Salary: $1,512,222
- Stock awards: $6,957,391
- Option awards: $7,242,825
- Non-equity incentive plan compensation: $5,026,128
- Other compensation: $577,418
- Total: $21,315,984
- 45.6% increase from 2022 ($14,637,726)
6. Cigna Group
David Cordani
- Salary: $1,500,000
- Stock awards: $12,656,213
- Option awards: $3,200,020
- Non-equity incentive plan compensation: $3,300,000
- Change in pension value and nonqualified deferred compensation: $80,585
- Other compensation: $310,437
- Total: $21,047,255
- 0.4% increase since 2022 ($20,965,504)
7. Centene
Sarah London
- Salary: $1,400,000
- Stock awards: $13,573,031
- Non-equity incentive plan compensation: $3,298,600
- Other compensation: $285,335
- Total: $18,556,966
- 40.1% increase since 2022 ($13,246,447)
8. Tenet Healthcare
Saum Sutaria, MD
- Salary: $1,500,000
- Stock awards: $10,130,393
- Non-equity incentive plan compensation: $6,300,000
- Other: $587,717
- Total: $18,518,109
- 67.6% increase from 2022 ($11,047,128)
9. Humana
Bruce Broussard
- Salary: $1,469,893
- Stock awards: $10,898,833
- Option awards: $3,492,874
- Other compensation: $465,784
- Total: $16,327,384
- 5.1% decrease since 2022 ($17,198,844)
10. Universal Health Services
Marc Miller
- Salary: $1,352,052
- Stock awards: $4,944,124
- Option awards: $4,944,434
- Non-equity incentive plan compensation: $3,042,117
- Change in pension value and nonqualified deferred compensation: $78,003
- Other compensation: $47,207
- Total: $14,407,937
- 31.9% increase from 2022 ($10,919,976)
11. Community Health Systems
Tim Hingtgen
- Salary: $1,287,550
- Stock awards: $3,690,000
- Option awards: $922,000
- Non-equity incentive plan compensation: $2,072,955
- Change in pension value and nonqualified deferred compensation: $347,168
- Other compensation: $28,550
- Total: $8,348,223
- 32.5% increase from 2022 ($6,302,542)
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
