Top executives for the 190-hospital system will be eligible to earn performance awards based on achieving specific targets, weighted as:
- 80% for achieving certain EBITDA targets
- 20% for achieving certain quality metrics in three categories:
- Healthcare-associated infections and sepsis (30%)
- Complication and mortality (30%)
- Care experience (40%)
If targets are met, CEO Sam Hazen will receive 175% of base salary. This is up from 170% of base salary in 2024. Mike Marks, executive vice president and CFO, and Jon Foster, executive vice president and COO, will receive 125% of base salary.
Executives in the program can earn 25% to 200% of the EBITDA-weighted award based on performance, with 100% awarded for meeting the target. For quality metrics, they receive 0% to 200%, depending on results, with full payout at target. If EBITDA falls below 90% of target, no quality bonus is paid.
