In 2010, the 25 highest-paid executives at Lancaster (Pa.) General Health received $2.1 million in cumulative bonuses and incentives, according to a Lancaster New Era/Sunday News report.
Tom Beeman, PhD, president and CEO of Lancaster General, received the highest bonus at $345,000. Roughly a quarter of his bonus was based on his leave of absence for a military tour of duty at the National Intrepid Center of Excellence, according to the report.
The next four highest bonuses went to Lancaster General Hospital President Marion McGowan, RN ($192,226), Chief Mission Officer Jan Bergen ($177,752), former CFO F. Joseph Byorick ($140,500) and Chief Legal Officer Robert Macina ($111,562).
Lancaster General Board of Trustees Chairman said the bonuses and incentives were based on a variety of factors, including clinical quality and patient satisfaction — not just financial benchmarks.
"We've looked at the issue of, should there be a bonus pool tied to some financial metric," Mr. Henderson said in the report. "It could be net revenue, it could be bond ratings, it could be the balance sheet. But [the board's] view, and the compensation committee's view, is that overweighting the financial side of it is detrimental to what we're telling the executive team to do."
Tom Beeman, PhD, president and CEO of Lancaster General, received the highest bonus at $345,000. Roughly a quarter of his bonus was based on his leave of absence for a military tour of duty at the National Intrepid Center of Excellence, according to the report.
The next four highest bonuses went to Lancaster General Hospital President Marion McGowan, RN ($192,226), Chief Mission Officer Jan Bergen ($177,752), former CFO F. Joseph Byorick ($140,500) and Chief Legal Officer Robert Macina ($111,562).
Lancaster General Board of Trustees Chairman said the bonuses and incentives were based on a variety of factors, including clinical quality and patient satisfaction — not just financial benchmarks.
"We've looked at the issue of, should there be a bonus pool tied to some financial metric," Mr. Henderson said in the report. "It could be net revenue, it could be bond ratings, it could be the balance sheet. But [the board's] view, and the compensation committee's view, is that overweighting the financial side of it is detrimental to what we're telling the executive team to do."
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