How much does your hospital ceo make?

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Just curious, how much do the hospital CEOs and administrators make? Please provide actual figures where possible. In today's health care world it appears to me that we the nurses and first line care provider are always being asked to give and give and give. It almost appears as though we have an endless reserve. I am more than willing to pull some extra weight when asked to, but I am yet to see hospital administrators give back even ten percent of their salaries yes am saying ten percent because am sure that wont break their bank.I have heard of insistences where they have not received a bonus but not an actual wage cut. secondly is there a website that publishes salaries and annual profit margins for these institutions?

Just curious......you're in administration aren't you?

I don't think any profession is worth 30 million dollars a year, including the CEO of the hospital where I am employed. Yes the more you learn the more you earn, but no one learns that much!

Infusion Therapy, Charge RN.

$30M seems to be grossly high, typical hospital CEO salary is anywhere from $250k to $750k. Even with added stock options and bonuses a total annual income of over $3M is very rare.

Now if you are referring to a hospital system or healthcare corporation CEO well that is a different animal altogether.

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Not fair when there are no pay increases to the employees because of 'budget' costs, no working equipment because of 'budget' costs, no longer a secretary or housekeeper because of 'budget' costs (more for the few staff left to do), beds closing, etc. All while the CEO keeps getting more and more for cutting less and less.

Not fair for the 'little people', not fair for the patients not fair. If the CEO is THAT important, perhaps he should run the hospital unstaffed.

Can you cite specific examples of where the CEO himself was increasing his salary while cutting back on budget?

Again...and again...and again, the CEO does not make the budget or have anything to do with staffing. It is like blaming the Nurse because a gardener didn't mow the grass outside.

Why aren't you upset that Nurses get paid twice as much as CNAs? Why aren't you upset that Registered Nurses get paid more than LPNs?

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They can't afford their pills because the drug companies are out to make themselves richer too....more greedy CEOs.

Exactly right. The evil greedy conspiracy against everyone. Surprised "White man" "the Luminati" and "Republican" weren't thrown into there somewhere.

Makes me laugh.

I remember a thread I read, I think it was in the Men's forum. A Canadian was railing about how Nurses were destroying healthcare because how greedy we were. He said something similar to, "$28 an hour to wipe butts and push pills! No wonder healthcare is so expensive." Went on and on and on...but of course we deserve our income, although it is typically 2-3 times the national average salary.

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No, I have just been around long enough to know that witch hunts work both ways.

I hardly think an open debate constitutes a witch hunt.

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I think its important to know how much your Hospital CEO makes because they seem to think the bedside help costs too much but they hardly have any concept of what is involved. For example is it cheaper to have a sitter at bedside or is it more cost efficient to do 1-2 head CT's post fall?. Is it cheaper to have appropriate staffing for is it better to have longer lengths of stay? bare in mind Insurance companies will only pay for specified length of stay per illness. Its harder to attain a good reputation than to try to correct a messed up one. Most importantly would you find it acceptable to be given substandard care if you were the patient?. If front line care providers are being asked to sacrifice, I don't think it is unreasonable to look at the salary trends of everyone in the organization. If anything I would support publicizing salaries of all companies that receive the Medicare and Medicaid dollars.

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Specializes in Neonatal Intensive Care.

Honestly, does any amount of education merit $1million+ salaries? I don't think that a CEO works any harder or is any more accomplished and educated than an advanced practice nurse... it's crazy how much CEOs make!

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Can you cite specific examples of where the CEO himself was increasing his salary while cutting back on budget?

http://mt-pub2.seiu.org/mt/mt-search.cgi?blog_id=22&tag=hospital%20CEO%20salaries&limit=20

scroll down to:

The government move to regulate hospital CEO pay came from public outcry over soaring executive compensation at the same time that frontline healthcare staff and services are being slashed.

http://www.sunjournal.com/node/792174

But it also quietly more than doubled its CEO's [of Central Maine Healthcare] compensation to about $2 million, making him the highest paid hospital administrator in the state.

http://www.sunjournal.com/city/story/878769

Wages have been frozen. Most hiring for new positions and replacement workers has been suspended.

Differential pay for after-hours workers has been reduced.

Central Maine Healthcare has also issued a two-month suspension of its earned-time program, the mechanism employees use to earn vacation days.

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This article just nailed it

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I think its important to know how much your Hospital CEO makes because they seem to think the bedside help costs too much but they hardly have any concept of what is involved. For example is it cheaper to have a sitter at bedside or is it more cost efficient to do 1-2 head CT's post fall?.

Of course it is cheaper to have a sitter, your Nurse manager is the one you should bring this up to.

Is it cheaper to have appropriate staffing for is it better to have longer lengths of stay? bare in mind Insurance companies will only pay for specified length of stay per illness. Its harder to attain a good reputation than to try to correct a messed up one. Most importantly would you find it acceptable to be given substandard care if you were the patient?. If front line care providers are being asked to sacrifice, I don't think it is unreasonable to look at the salary trends of everyone in the organization. If anything I would support publicizing salaries of all companies that receive the Medicare and Medicaid dollars.

Would you support publicizing your salary? Maybe all healthcare providers should disclose their salaries?

Like I said before and what was ignored. If you really feel that patient safety is the issue and Nurse to patient ratios are unsafe and that greed is the driving force behind this unchecked greed then why not support a salary cap for all staff.

$15hr for RNs, LPNs, MDs, NPs, Admins, CEOs, managers and the like? Could you imagine the type of care we could give! 1 to 1 RN to patient ratio on Med Surg! 4 to 1 Rn to patient ratio in ICU!

Sounds great right?

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I do not have a problem with having my salary publicized or capped but are the higher ups willing to do the same? secondly upper administrations can be so layered in some instances there is no body under the VP of whatever. When upper administration focuses on cutting, I have been in situations where getting a sitter was out of the question but it was not until i had this patient fall out of bed that one magically appeared. I have been a nurse long enough to know what goes on. Many nurses are privately saying it will take a sentinel event for much of the nurse patient ratio issues to be addressed but i tell you what it better not be my loved one.

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http://mt-pub2.seiu.org/mt/mt-search.cgi?blog_id=22&tag=hospital%20CEO%20salaries&limit=20

scroll down to:

The government move to regulate hospital CEO pay came from public outcry over soaring executive compensation at the same time that frontline healthcare staff and services are being slashed.

Cannot believe you cited the SEIU paper lol. Hardly counts as a third party independent source but I'll bite. #1 this is Canadian, socialized medicine, totally different animal. If you wish to debate socialized medicine vs the free market I'm game. #2 those were Gov employees, if the Canadian Feds don't like it then don't pay them.

http://www.sunjournal.com/node/792174

But it also quietly more than doubled its CEO's [of Central Maine Healthcare] compensation to about $2 million, making him the highest paid hospital administrator in the state.

"The hospital group defends the financial moves, saying, among other things, that it doubled its CEO's compensation because it was obligated to make up for unpaid retirement contributions and that his otherwise consistently high salary is necessary in order to keep him."

"And high spending wasn't confined to CEO salaries. One of the smallest hospitals in the state paid a nurse practitioner nearly $210,000 plus benefits."

"Dionne defended Chalke's salary, which is set by Dionne's board"

"However, Dionne said the board does try to compensate top executives well because it wants leaders who are experienced, efficient and capable visionaries. Like other Maine hospital groups, Central Maine Healthcare hires a consultant to survey executive salaries at similar hospital groups regionally and nationally. Central Maine Healthcare, Dionne said, tries to pay a base salary in the 60th percentile of those it surveyed — or better than 59 out of 100 others. Competition is stiff for good executives, he said. If Central Maine Healthcare didn't pay well, Dionne believes its leaders would go elsewhere."

Did you read this article? The article also states that all but 1 hospital CEO salary in Maine is regulated by the IRS.

http://www.sunjournal.com/city/story/878769

Wages have been frozen. Most hiring for new positions and replacement workers has been suspended.

Differential pay for after-hours workers has been reduced.

Central Maine Healthcare has also issued a two-month suspension of its earned-time program, the mechanism employees use to earn vacation days.

"Meanwhile, the state continues to delay payment of bills for MaineCare patients. The total exceeds $50 million, Chalke said."

If the State doesn't fork up the hospital loses. Again as was shown above his salary never increased, he was paid back money he was owed into his retirement.

I like your articles, I take it you are form Maine?

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Honestly, does any amount of education merit $1million+ salaries? I don't think that a CEO works any harder or is any more accomplished and educated than an advanced practice nurse... it's crazy how much CEOs make!

Know any Advanced Practice Nurses that are experienced and qualified to run a multimillion dollar company?

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