Hospital, Health System CEOs Receive 3% Salary Raises in 2012

CEOs at non-profit integrated health systems saw a median 3.2 percent boost in their base salaries this year, down slightly from a 4 percent increase last year, according to consulting firm Hay Group's 2012 healthcare compensation study.

Similarly, hospital CEOs received a 3 percent salary raise in 2012, which was down from a 5 percent increase in 2011.

Hay Group's survey accumulated compensation data from 118 integrated health systems, 24 integrated health subsystems and 1,212 hospitals. Other results from the survey include:

•    Health system CEOs, on average, received a 3.6 percent increase in total cash compensation (base salary plus annual incentives) — up from last year's average increase of 3.1 percent.

•    Hospital CEOs, however, saw a significant decrease in total cash compensation. In 2012, hospital CEOs saw a 2 percent increase compared with 6 percent in 2011.

•    Employees of large integrated health systems witnessed median base salary increases of 2.9 percent, a slight decrease from 3 percent raises last year.

•    Hospital employees actually saw an increase in their average base salary hike, from 2.3 percent in 2011 to 2.4 percent this year.

•    Nurses received median increases of 2.5 percent in both base salary and total cash compensation, up from 2 percent in 2011.

More Articles on Hospital Executive Compensation:

15 Statistics on Average Hospital Executive Base Salaries

26 Statistics on Hospital CEO Salary Growth

Healthcare Workers Expected to Receive 2.6% Pay Raise in 2013

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