New York Gov. Andrew Cuomo proposed a $132 billion state budget, and one of the provisions mapped out a $199,000 salary cap of taxpayer money for executives of state non-profit organizations, including hospitals, according to a New York Post report.
Compensation Issues
Out of all the non-profit leaders in the Lawrence, Kan.-area, Lawrence Memorial Hospital President and CEO Gene Meyer is the second-highest paid, earning more than $443,000 per year, according to a Lawrence Journal-World report.
Here are seven stories within the past five months about hospital executives who received compensation raises, starting with the most recent.
The board of directors for Fort Worth, Texas-based JPS Health Network unanimously voted to award President and CEO Robert Earley a $95,000 raise, bringing his total salary to $620,000, according to a Star-Telegram report.
In 2011, healthcare quality professionals had an average salary of $85,473, according to the American Society for Quality's annual survey.
Advertisement
In fiscal year 2010, Thomas Rockers, president and CEO of St. Anthony's Medical Center in St. Louis, received total compensation of $631,021, which included a $62,051 bonus, according to a St. Louis Post-Dispatch report.
Although it's normally a sensitive topic within a hospital or health system, executive compensation — especially at the not-for-profit level — has been at the forefront of public debate.
Physician Health Partners, the only approved Pioneer Accountable Care Organization in Colorado, expects the hundreds of physicians who treat more than 27,000 Medicare patients per month could see pay increases due to efficient care and meeting quality measures, according to…
Because on-call coverage payments for emergency department and trauma programs have increased significantly in the past five to seven years, hospitals are looking at alternative strategies to ensure on-call coverage while controlling high physician on-call compensation levels, according to a…
Currently, New York-based Staten Island University Hospital President and CEO Anthony Ferreri earns $1,028,831 in salary and benefits, making him and several other state executives part of Gov. Andrew Cuomo's investigation on not-for-profit executive salaries, according to a Staten Island…