If you want to advise someone on what might be a rewarding career, you might mention being a CEO of a hospital complex. Kaiser Health News has published a number of these positions for 32 hospital complexes.* The "poorest" paid on their list received "only" $615,000 in total compensation for 2011 at the Grady Health System in Georgia, and this figure may not include benefits. Ten other CEOs received less than a million dollars.
The best paid is Kaiser Permanenty in California at $7,936,510. He didn't even have to a physician, and I counted 16 others at the hospital complex earning over a million dollars in a year. Number two on the CEO list is the Providence Health and Services in Washington at $6,379,455 with 19 others earning more than a million dollars a year, including one over $4 million and 3 over $3 million. Number three on the list was UPMC Pittsburgh whose CEO earned $5,975,462 (again not a physician) but with 19 others earning over a million dollars a year. There are three people listed that seemed to have earned two salaries in 2011, one of which is brought up over a million dollars in combined compensation and another was over a million dollars to begin with. So you can do pretty well, even if you are not a physician or a CEO. Some places declined to to disclose CEO compensation such as Univ. Colorado Health and University of Alabama, Biringham.
I live in North Carolina so how did the Carolinas HealthCare system line up? Not bad, Mr. Michael Tarwater earned $4,760,026 in 2011.
Is it no wonder that that medical bills are so high?
Of the most famous hospital complexes, the Cleveland (OH) Clinic's Dr. Delos Cosgrove earned $2,564,214 without a bonus offered, and the Mayo (MN) Clinic's Dr. John Noseworthy got $2,002,896, also without a bonus offered.
* http://www.kaiserhealthnews.org/Stories/2013/June/06/hospital-ceo-compensation-chart.aspx?wpisrc=nl_wonk_b
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