The CEOs of the top three cancer hospitals in the country recorded average compensation of $1.29 million in 2010, according to the organizations' most recent Form 990 and other public data.
Compensation Issues
Setting CEO compensation is an intricate dance that’s intertwined with overall hospital performance. Boards want to pay a CEO well enough to ensure that he or she is getting the best possible expertise for a very tough job, and they…
Compensation for the CEOs, presidents and executive directors of the nation's highest-grossing non-profit hospitals always represents one extreme of the healthcare pay spectrum, and in 2010, their average pay easily exceeded seven figures.
Over the past three years, more than 86 percent of physicians said income in their practices has been flat or declining, and healthcare reform has played a major role, according to a recent survey from Merritt Hawkins.
AAPC recently released its 2012 Health Care Salary Survey of healthcare billers, coders, practice managers, auditors and educators, and put the data in a five-year perspective of progress from 2008 to 2012.
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Since 2004, Kimberly Boynton has overseen the financial operations of Crouse Hospital in Syracuse, N.Y. — a 506-bed hospital with an annual operating budget of roughly $320 million.
Vanessa Kochevar has served as CFO of Deaconess Hospital in Oklahoma City for roughly one-and-a-half years, and she has already been recognized for fiscal prowess.
Over the course of their lifetime, specialist physicians earn roughly $2.8 million more, on average, than primary care physicians, according to a study from the University of California Davis Health System in Sacramento.
Laurie Eldridge has been the CFO of Marshall Medical Center in Placerville, Calif., for the past nine years, and during that span, she has helped stabilize the hospital's finances, which has helped MMC remain independent.
Pulmonologists earned an average salary of $242,000 in 2011, slightly more than 2010 and still close to the median of all physician specialty salaries, according to Medscape's "Pulmonologist Compensation Report: 2012 Results."