An August report in the Wisconsin State Journal reported that hospital and health executives in the Madison, Wis., area made more than the national average of $630,000 in total compensation. Mr. Bea said the report unfairly compared executives of individual organizations with him because he runs a three-hospital system. He said a more fair comparison would be adding the salaries of several of the organizations’ CEOs as well as their COOs, which Mercy does not have.
“If I die tomorrow, I know the board wouldn’t — if they replace me with one person to do all those functions — be paying at that level because someone would be coming in to run what I built,” Mr. Bea said in the report.
Related Articles on Hospital CEO Compensation:
Southwest Ohio Hospital CEOs Pull in Seven-Figure Paychecks in 2009, 2010
Warren Hospital CEO to Earn Same $410k Salary Under St. Luke’s Merger
Doug Hayward Expected to Make $275k as New CEO of Kern Health Systems
