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Compensation Issues

Virtua, a four-hospital health system based in Marlton, N.J., has been growing rapidly over the past several years, and the system includes three of the highest-paid healthcare executives in the Philadelphia region, according to a Philadelphia Inquirer report.

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As Vanguard Health Systems prepares to announce financial results for the first quarter of its 2013 fiscal year, the Nashville, Tenn.-based for-profit hospital operator also released executive compensation figures, showing that CEO and board chairman Charles Martin Jr. earned $7.94…

The board of Lee Memorial Health System in Fort Myers, Fla., officially approved an 8 percent raise for president and CEO Jim Nathan, bringing his new annual salary to $808,000, according to an NBC2 report.

Among long-term care facilities, hospitals and home care agencies, directors of rehabilitation had the highest salaries at hospitals, according to a report from Hospital & Healthcare Compensation Service.

Before Larry McAndrews retired as president and CEO of the National Association of Children's Hospitals and Related Institutions, which is part of the Children's Hospital Association, he made roughly $1.24 million in total compensation.

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