Navigation Links
Healthcare Executives Well-Rewarded for Their Work
Date:7/28/2008

Modern Healthcare's annual compensation issue reports healthy pay raises

for top healthcare executives

CHICAGO, July 28 /PRNewswire/ -- The healthcare industry's "recession proof" reputation remains intact as its top executives continue to be well-paid for their services, according to Modern Healthcare's annual compensation issue published today.

"One sign that any industry is in trouble is a deterioration in the compensation levels of its executives," said David Burda, editor of Modern Healthcare. "That's just not the case in healthcare, which continues to be the envy of most other sectors of the economy."

The magazine's annual compensation issue includes two major reports on healthcare executive pay. The first report ranks the 30 highest-paid executives at for-profit companies in three healthcare sectors: acute-care hospitals, health insurance companies and specialty-care providers.

The highest-paid executive was Ronald Williams, chairman and chief executive officer of Aetna, who earned nearly $43 million in total compensation in 2007. Total compensation includes salary and exercised stock options.

The second report in Modern Healthcare's annual compensation issue is the magazine's annual executive compensation survey, which documents executive pay changes at hospitals and healthcare systems. Healthcare system president and CEOs enjoyed a 9.7% increase in median total cash compensation this year to $867,000. Meanwhile, presidents and CEOs at free-standing hospitals enjoyed a 10.6% increase in median total cash compensation this year to $497,000.

Sullivan, Cotter and Associates, a benefits consulting firm, provided the data for the second Modern Healthcare report. B.E. Smith, an executive search firm, sponsored the Modern Healthcare survey but was not involved in the administration of the survey or interpretation of the survey results.

The complete results of both reports can be found in the July 28 issue of Modern Healthcare and on Modern Healthcare Online at modernhealthcare.com.

For more information on either report, contact Editor David Burda at 312-649-5439 or dburda@crain.com.


'/>"/>
SOURCE Modern Healthcare
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. AtriCure to Present at Thomas Weisel Partners 2007 Healthcare Conference
2. BD to Present at the Bear Stearns 20th Annual Healthcare Conference
3. ATS Medical to Present at the 2007 Thomas Weisel Partners Healthcare Conference
4. Dr. Paul Bandt Celebrates 35th Anniversary With Desert Radiologists and a History of Healthcare in Las Vegas
5. Omnicell to Present at Thomas Weisel Healthcare Conference 2007
6. MDS to Present at Thomas Weisel Partners Healthcare Conference
7. Hospira to Present at the Bear Stearns 20th Annual Healthcare Conference on September 11
8. AMICAS to Present at Thomas Weisel Partners Healthcare Conference 2007
9. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
10. Kingfisher Healthcare (KFH) Achieves World Class Quality Platform
11. Omnicom Acquires Leading Healthcare Marketing Communications Firm in China
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/25/2016)... TX (PRWEB) , ... May 25, 2016 , ... ... the United States, named Dr. Anh Tat Nguyen, as the Medical Director of its ... the facility Medical Director of our new DeSoto location,” said Dr. James M. Muzzarelli, ...
(Date:5/25/2016)... Secaucus, New Jersey (PRWEB) , ... May 25, 2016 , ... ... a specialized technology firm will be selling the device branded as Stern’s Real ... which is geared to bedbugs to the hotel and motel industry, colleges for use ...
(Date:5/24/2016)... ... May 24, 2016 , ... According to an article published May ... assigned to reduce the amount of calories they consumed by 25% experienced some interesting ... enjoyed better sleep, improved quality of life, and enhanced sexual function compared to the ...
(Date:5/24/2016)... ... 24, 2016 , ... BTC Media, a leading digital currency ... to be held in Nashville, Tennessee on September 7, 2016. , The conference ... the event will host teams from around the world, competing to build the ...
(Date:5/24/2016)... (PRWEB) , ... May 24, 2016 , ... To better ... a new research award to examine gender differences in lung cancer. Today, the Lung ... Innovation Project: Lung Cancer in Women Award, funded by the American Lung Association’s LUNG ...
Breaking Medicine News(10 mins):
(Date:5/25/2016)... 2016  According to Kalorama Information, the world ... 2015.  Though these are challenging times in the ... success for companies that remain optimistic and seek ... growth prospects medical device companies spend a higher ... (R&D) than do companies in other industries.  Also, ...
(Date:5/25/2016)... 25, 2016 According to market ... Growth and Demand Forecast to 2022 - Industry Insights ... Others)" published by P&S Market Research, the global insulin ... 2015, and it is expected to grow at a ... insulin pump segment is expected to witness the fastest ...
(Date:5/25/2016)... , May 25, 2016 As ... Expo earlier this month, the numbers and momentum of ... to climb into the billions, more research and development ... 4th Edition State of Legal Marijuana Markets Report  from ... data-analysis firm, much of the increase in sector is ...
Breaking Medicine Technology: