The scales may be tipped by CEOs of large health systems, who often make over $1 million every year. Following the sale of Wuesthoff Health System to HMA of Naples, nine former WHS executives split $10.6 million in separation pay, with former CEO Emil Miller receiving $6.25 million.
Correction: According to a Virginia Mason Medical Center representative, a substantial portion of the CEO’s compensation for 2008 was retirement compensation, deferred until the CEO reaches 65. While the deferred compensation is not guaranteed, it is still reported as part of the total compensation on the tax return.
Read the KUOW report on health system CEO compensation.
Read more on compensation:
–15 Statistics on Healthcare Leader Compensation
–4 Trends in Hospital Executive Compensation
–8 Factors in Ophthalmologist Compensation
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.
