Out of all the non-profit organizations in Eastern Tennessee, executive compensation is highest at hospitals and health systems, according to a Knoxville News Sentinel report.
Compensation Issues
From 2001 to 2011, the prevalence of long-term incentive plans for non-profit hospital CEOs increased from 39 percent of organizations to 45 percent, according to a report from healthcare compensation firm Integrated Healthcare Strategies.
Michael Tarwater, CEO of Charlotte, N.C.-based Carolinas HealthCare System, earned more than $4.2 million in total compensation in 2011, an increase of more than 13 percent from 2010, according to a Charlotte Observer report.
The average annual pay for a Houston-based anesthesiologist is $221,120, the highest-paying healthcare profession in the city, according to an analysis of 2010 U.S. Bureau of Labor Statistics data by the Houston Business Journal.
Based on figures from the U.S. Bureau of Labor Statistics, the highest salaries for healthcare practitioners and healthcare support staff are in California and Alaska, according to a Business Journal report.
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Two retiring executives at Salinas (Calif.) Valley Memorial Healthcare System — CFO John Fletcher and Vice President of Operations Beverly Ranzenberger — will earn lump sum retirement payments of more than $1 million each, according to a Monterey County Herald…
The board of trustees at Cheyenne (Wyo.) Regional Medical Center ratified a new three-year contract for CEO John Lucas, MD, which includes an annual salary of $430,000, according to a Wyoming Tribune Eagle report.
Tom Dandridge, president and CEO of Regional Medical Center in Orangeburg, S.C., has turned down a board-approved pay increase, according to a Times and Democrat report.
In an usual move, Salinas (Calif.) Valley Memorial Healthcare System plans to buy advertisements in local newspapers to reveal the retirement benefits of several system executives who are leaving by the end of February, according to a Salinas Californian report.
Sean Whilden, newly hired CFO of Houston Healthcare System in Warner Robins, Ga., will make $215,000 per year under his two-year contract, which also includes a transportation stipend, according to a Warner Robins Patriot report.