How Much Do Hospital Ceos Make According to the North Carolina researchers the state s nine largest nonprofit hospital systems paid 11 current or former CEOs a total of 38 7 million in 2019 That is equivalent to the
In comparison from 2005 to 2015 the average compensation of major nonprofit hospital CEOs jumped 93 from 1 6 million to 3 1 million while average hospital worker wages increased just 8 First year CEO Saum Sutaria M D led a pack of fellow freshly minted executives as the highest paid CEO of a for profit health system in 2021 according to Securities and Exchange Commission
How Much Do Hospital Ceos Make
How Much Do Hospital Ceos Make
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Similarly from 2005 to 2015 the average compensation of major nonprofit hospital CEOs rose by 93 percent from 1 6 million to 3 1 million while average hospital worker wages increased by a A health care CEO s salary in large American hospitals runs above 1 million a year A 2019 Forbes report found only eight of 82 nonprofit hospitals paid their CEO less and some paid as much as 21 million A 2018 study in the Clinical Orthopaedics and Related Research journal found that pay increases for CEOs and other hospital executives have grown steadily throughout the 21st century
Joseph Zubretsky the CEO of Molina Healthcare came in third with a salary of 22 1 million We have compiled a list of America s top 11 highest paid CEOs in the healthcare industry Albert Bourla PhD Chairman and CEO of Pfizer Total compensation 30 543 706 Richard Gonzalez Chairman and CEO of AbbVie Total compensation 25 847 971 The CEOs that run these tax exempt hospitals are among the highest paid nonprofit executives in the United States The average nonprofit hospital CEO makes 660 000 in total compensation base salary bonus and benefits per year Most of these CEOs make between 214 429 and 834 631 per year with top five percent of nonprofit hospital CEOs
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Health care CEOs made an average of 15 3 million last year while the median was around 7 million Several inordinately large pay packages skewed the averages 29 CEOs all men made over 40 The BLS reports that as of May 2021 the median salary for CEOs in the health care and social assistance industries was 154 650 By contrast according to the Executive Compensation Survey from business publication Modern Healthcare hospital CEO median salaries range from about 330 000 to 1 7 million depending on the hospital s net revenue
The firm ranked the highest paid CEOs in the S P 500 and Rusell 3 000 in 2020 The highest paid healthcare executive was listed as Amir Rubin from 1Life Healthcare doing business as One Medical CEO Eugene Washington made 2 7 million in 2020 a 120 percent raise from 2016 and former CEO Victor Dzau retired with an 8 million compensation package 187 percent more than what he took home in 2011 We are seeing a massive transfer of wealth from workers to hospital executives Folwell said last week after releasing the report
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How Much Do Hospital Ceos Make - CEOs at health systems with over 500 beds experienced an even greater pay raise from 144 more than their peers at hospitals with fewer than 100 beds in 2012 to 170 more by 2019