Former Sanford Medical Center President Dennis Millirons was given $1.3M+ in severance: 5 notes

Fargo, N.D.-based Sanford Medical Center’s former President Dennis Millirons received more than $1.3 million as part of a severance agreement, according to a WDAY 6 ABC report.

Advertisement

Here are five notes:

1. Mr. Millirons served as president of the medical center from 2009 to 2013.

2. Sanford Medical Center bought out the remainder of Mr. Millirons’ contract in November 2013, when he was replaced by Paul Richard. Mr. Richard was previously Sanford’s chief legal counsel.

3. At the time, Sanford did not discuss the terms of Millirons’ severance deal, but “acknowledged the payments were made under his contract,” according to the report. The information was recently disclosed after a filing with the Internal Revenue Service was made public.

4. After the buyout of his contract, Mr. Millirons was named an executive vice president.

5. Earlier this month, he was named interim president of Rapid City (S.D.) Regional Hospital.

More articles on compensation:
Mylan execs took large raises amidst EpiPen price spikes
Rate of Mass. hospital executive pay growth eclipses healthcare spending
How did compensation change for executives, providers from 2015 to 2016?

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.

Register to Attend Webinar

From fragmentation to operational flow: Solving the healthcare workforce puzzle

Tuesday, August 11
1:00 PM - 2:00 PM CDT

Presenters: Dr. Pat Hunt, QGendaAndrea Daugherty, MHA, CISSP, CHCIO, CDH-E, Arrowhead Regional Medical CenterElizabeth Lindsay-Wood, MBA, CHCIO, CDH-E, Moffitt Cancer CenterDeb Muro, El Camino HealthJohn Tejeda, D.H.A., MLS, MPAS, DFAAPA, LSSBB, FACHE, Vascular and Neuroscience Institute

Advertisement

Next Up in Compensation Issues

Advertisement

Comments are closed.