CaroMont’s board voted to fire Mr. Kelley in an 8-2 decision. Mr. Kelley oversaw the health system’s “Cheat Death” slogan and campaign that was ultimately retracted. Under his watch, the health system also butted heads with local physicians, who called Mr. Kelley’s leadership “disconnected, adversarial and close-minded.”
Mr. Kelley officially joined CaroMont in January 2012, and between January and June of that year, he made $293,651 in base salary, putting his annual salary at roughly $587,000, according to the report. It’s expected Mr. Kelley will receive at least two full years of salary and six months of health coverage as part of his severance package, which would put the total deal at roughly $1.2 million.
More Articles on Hospital Executive Severance:
How California is Reforming Hospital CEO Pay
Parkland Memorial in Dallas Pays Former CMO $487k in Severance
Should Hospital Execs Receive Severance on Voluntary Resignation?
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.