Independent Hospital CEOs Beat Integrated Health System CEOs in Total Cash Compensation Increases

In 2011, integrated health system CEOs and independent hospital CEOs saw an increase in total cash compensation — base salary plus annual incentives — of 3.1 percent and 6 percent, respectively, from the previous year, according to a Hay Group news release.

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The 2011 Hay Group Healthcare Compensation Study also showed a median base salary increase of 4 percent for non-profit integrated health system CEOs and 5 percent for independent hospital CEOs.

Other data points include the following:

– Planned median base salary for integrated health system employees increased 3 percent, slightly more than the 2.3 percent increase for independent hospital employees.
– Seventy-nine percent of providers use patient satisfaction as the primary measure for annual incentives across all executive employee groups of the organization.
– Twenty-eight percent of health systems have reviewed their annual incentive plans in the last two years.

Read the Hay Group release on its 2011 Hay Group Healthcare Compensation Study.

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