Survey: 15% of Non-Profit Hospitals Compensate Board Members

A recent Governance Institute survey found that 15 percent of non-profit hospitals and health systems said all or some of their board members are currently compensated, which is up from 10 percent in 2009.

The Governance Institute survey collected data from 660 non-profit acute-care hospitals and health systems. Other findings on board member compensation include the following:

•    About 12 percent of respondents said their board chair is compensated, up from 10 percent in 2009, and 67.6 percent of those respondents said board chair compensation was less than $5,000. Roughly 5.4 percent of those respondents said board chair compensation was more than $50,000.
•    Of the 15 percent that said all or some of their board members are compensated, 73 percent said compensation was less than $5,000.
•    Government-sponsored healthcare organizations (28.3 percent) were the most likely to compensate all or some board members, and that figure is up from 20.3 percent of government-sponsored organizations in 2009.
•    Health systems tend to compensate their board chair more than other types of organizations, as 25 percent of health systems compensate the board chair $30,000 to $50,000 and another 25 percent compensate the chair more than $50,000.

Related Articles on Hospital Compensation:

Former CEO of Idaho's St. Luke's Magic Valley Earned $290k Last Year
Average Base Salary for Chief Nursing Information Officer as High as $250k
Detroit Medical Center CEO to Make $2.41M in Total Compensation

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