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?

I do not have a problem with having my salary publicized or capped but are the higher ups willing to do the same?

Thats the point, there would be no "higher ups" because they would work elsewhere. There would be no RNs, there would be no RTs, no MDs, no NPs, no managers....just you with a bunch of CNAs and a few housekeepers. Talent and experience cost money and unfortunately there are not many people in the world qualified to manage large organizations just as there are not many people qualified to be MDs or Nurses.

Supply and demand my friend. Tons of Nurses, lower pay. Fewer Docs, more pay. Very few CEOs, tons of pay.

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.

Well you should have volunteered your time and sat for the patient, since patient care is the #1 driving force behind this right?

Are we talking about Admins and the entire leadership structure or CEOs now? I was under the impression we were still discussing CEOs.

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

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?

There is a salary cap for staff. I am capped off on my salary due to years experience.

I don't recall anyone here saying that CEOs don't deserve a decent salary; in fact, the highest salary in the facility. As the person with the most responsiblity and accountability, he or she deserves it. What is being objected to is the astronomical, multimillion dollar compensation packages the CEOs manage to procure for themselves while low-level employees are forced to work short-staffed, with faulty or inadequate equipment.

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From the article:

In 2006-07, the year Central Maine Healthcare made up for Chalke's retirement contributions, his compensation was six times that amount. A year after that, back on track with retirement, his total compensation was triple what it was when the MPA protested.

I am not from Maine.

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There is a salary cap for staff. I am capped off on my salary due to years experience.

I don't recall anyone here saying that CEOs don't deserve a decent salary; in fact, the highest salary in the facility. As the person with the most responsiblity and accountability, he or she deserves it. What is being objected to is the astronomical, multimillion dollar compensation packages the CEOs manage to procure for themselves while low-level employees are forced to work short-staffed, with faulty or inadequate equipment.

What is a reasonable compensation for CEOs? So if your CNAs are understaffed should you take a pay cut? If the RNs are understaffed should the MDs take a pay cut? What is the arbitrary number that would may you happy?

The CEO is recruited to work for the hospital and the salary determined by that hospital. Blame the Board of Directors or the hospital system management. The CEO was hired for his experience, education, vision and talent. He didn't come to rob the place, if he is unwelcome then I am sure he would just scurry away to the next place.

I make 96k a year, it slipped out in a casual conversation with another Nurse and some of the CNAs flipped out. Why the hell was I getting paid 3 times what they are when they are doing all the back breaking work? To them they see me just walk around and tell people what to do. They have no concept of what I do. If I am overpaid and not of 96k value to the company then they can easily replace me for someone cheaper considering I work in a right to work State. What the CNAs do not see is that talent, education, experience, and vision are expensive. How expensive? Whatever it takes to fill the slot. In my case it cost them 96k.

Nice things cost nice money.

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From the article:

In 2006-07, the year Central Maine Healthcare made up for Chalke's retirement contributions, his compensation was six times that amount. A year after that, back on track with retirement, his total compensation was triple what it was when the MPA protested.

I am not from Maine.

Wasn't that also when he was promoted from being the CEO of the hospital to the CEO of the entire hospital group?

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Okay, so we've determined you think the sky's the limit with CEO salaries.

I, and it seems other people, acknowledge that companies can set salaries however they see fit. However, we also think that these companies are making a big financial, professional and ethical mistakes in paying CE0 a hundred times what the average employee makes, while said employee works short staffed or in unsafe working conditions. We also maintain that these companies could find competent leadership while paying them, let's say, what Whole Foods (a very succesful company) CEO makes, which is 14 times what the average worker salary

If you find it really necessary to get the last word in, by all means, be my guest.

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Okay, so we've determined you think the sky's the limit with CEO salaries.

I, and it seems other people, acknowledge that companies can set salaries however they see fit. However, we also think that these companies are making a big financial, professional and ethical mistakes in paying CE0 a hundred times what the average employee makes, while said employee works short staffed or in unsafe working conditions. We also maintain that these companies could find competent leadership while paying them, let's say, what Whole Foods (a very succesful company) CEO makes, which is 14 times what the average worker salary

If you find it really necessary to get the last word in, by all means, be my guest.

Last word? Are you saying the debate is over? I WAS having fun going back and forth...no reason to end it on a nasty note...

Look, I believe in the free market, I believe in supply and demand.

I believe that I am worth what I get paid and if a company decides a CEO is worth 40 bazillion a year, so be it. Their company, their right to make those financial decisions. I work for them, if I do not like the conditions I am working in then I do not have to work there.

I just don't understand why it is so hard to believe that nice things cost nice money. I also find it amazingly hillarious that there is a double standard in Nursing, "Boo hoo that other guy is making more than me and it is so unethical and immoral but of course, MY salary is justified."

P.S. Whole Foods CEO making 14 times the average employee? Well in my area the average RN salary is 65k (not including benefits), 14 times that is 910k (not including benefits).

Not far off the numbers we were discussing.

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Specializes in Telemetry RN.
Non-profits' IRS Forms 990's are a matter of public record, and the CEO/EO and 5 highest paid employees' salaries are listed. Check out guidestar.org and look up your hospital. (If they're non-profit....)

Using this, the CEO of the hospital in my area make 314,000 n 2008. Not bad money, but far from millions of dollars. He's not even the highest paid member of the hospital, several doctors make significantly more. Is this normal?

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Is it fair? No. World is not fair.

Even if admissions remain high it does not mean income remains high. Are you sure patients are paying their medical bills like the used to? I know in my area they are not. We have seen a huge decrease in the elective procedures that tend to rake in the money and an increase in poor patients.

Patients are getting sicker because they cannot afford their meds, they are paying less because they can't afford their bills.

Again, you need to research what your CEO actually does. Usually mid level admins decide staffing and budget.

Sucks when people make ill-informed stereotypes huh?

The CEO deals more with making and enforcing the mission statement of the company, dealing with outside business contracts and bringing the mid to high level management into the vision and direction of the company.

A hospital is a boat and you're complaining about not having the correct brush to scrub the barnacles on the 2nd deck in the galley. The captain (CEO) just wants the boat to go from point A to point B and accomplish the mission set forth. The CEO hires Admins/managers to make and enact budgets and staffing needs.

Granted in a round about way the CEO is responsible for everything that happens on his watch but to directly blame him for small micromanagement type stuff is absurd. He might not even have anything to do with the running of the hospital. Many hospitals have a CEO that deals with outside executive matters and a President that may deal with internal management issues and maybe even a Chief Clinical Officer to oversee everything in the hospital or even a Chief Financial Officer that may be in charge of the budget and staffing.

Unless you work in a very small hospital most likely there are many executive level administrators making the decisions that may annoy you.

Even the firing of 100 RNs is small potatoes, he might not even been notified or received a memo depending upon the size of the hospital. Like I said my local small to mid level sized hospital has over 3,000 employees. 100 RNs is not much of anything.

My patients are not Barnacles, they are valuable very ill patients who's Nurses and need adequate staff and equipment to care for them. CEO's set the mood of the organization,

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Look, I personally don't care if the CEO makes $20,000 or $2,000,000.00 a year. What I DO care about is a "leader" getting a fat salary and bonuses when the business makes miliions in profit by cutting jobs, essential supplies and services while telling me to "do more with less"; then turns around with a straight face and tells ME I need to take a cut in benefits and forego pay raises because of "the economy".

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Fairness? Who said the free market was fair?

How many of those Nurses had anywhere near the education or talent that CEO has? Can any of them run a multimillion dollar company?

I know my local hospital has over 3,000 employees and deals in budgets of the 100s of millions of dollars, not something someone with a BSN or ADN is normally qualified to deal with.

Is it fair your housekeeper Billy makes less than you? Is it fair Suzzy CNA gets fired in favor of keeping a RN on staff?

I might not have an MBA but I for sure know how to run a hospital better than ANY CEO I have EVER worked under.

I KNOW darned well that it is NOT a good idea to cut ancillary staff making $12.00/hr when the slack will be taken up by nurses making $42.00 who will then run overtime because they had to make 3 extra phone calls, 2 runs to lab and pharmacy because of NO HELP.My 1/2 hour of overtime (read approx $45.00) multiplied by x number of nurse on the same shift, could have been alleviated by that job they cut in CS or pharmacy.

And yes, it is fair that housekeepers make less than me. They work hard, and are valued; but I could mop a floor, but they can't recognize the symptoms of an MI. Stupid analogy.

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What is a reasonable compensation for CEOs? So if your CNAs are understaffed should you take a pay cut? If the RNs are understaffed should the MDs take a pay cut? What is the arbitrary number that would may you happy?

The CEO is recruited to work for the hospital and the salary determined by that hospital. Blame the Board of Directors or the hospital system management. The CEO was hired for his experience, education, vision and talent. He didn't come to rob the place, if he is unwelcome then I am sure he would just scurry away to the next place.

I make 96k a year, it slipped out in a casual conversation with another Nurse and some of the CNAs flipped out. Why the hell was I getting paid 3 times what they are when they are doing all the back breaking work? To them they see me just walk around and tell people what to do. They have no concept of what I do. If I am overpaid and not of 96k value to the company then they can easily replace me for someone cheaper considering I work in a right to work State. What the CNAs do not see is that talent, education, experience, and vision are expensive. How expensive? Whatever it takes to fill the slot. In my case it cost them 96k.

Nice things cost nice money.

"To them they see me just walk around and tell people what to do." "They have no concept of what I do"

And therein lies the problem.

Apparently nothing you DO has a good impact on the people you supervise, since they have no clue what you do. SO WHY ARE YOU THERE?

If YOU cannot even describe your job in more positive terms, then apparently your "talent, education, experience and vision are only valuable in your own mind, and to the company you bamboozled.

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