Compensation advising firm Mercer did the report and found that MetroHealth’s executive pay levels were higher and had “more competitive pay levels than has historically been the case,” the report said. MetroHealth Board Member John Moss was told the compensation was “closer to the middle,” and county council members have said more money needs to go toward healthcare instead of executive salaries.
It was also reported that 42 executives and high-level employees who have left MetroHealth since 2008 have received more than $4 million in consulting contracts as a replacement for severance.
Read The Plain Dealer report on MetroHealth System’s executive compensation.
Related Articles on Hospital Executive Pay:
9% of CEOs at Midwest, Non-Profit Hospitals Make at Least $1M
Hoboken University Hospital’s CEO Received $600K Severance as Hospital Filed for Bankruptcy
How to Avoid IRS Penalties for Non-Profit Hospital Leaders’ Compensation
