- Base pay for healthcare CEOs continues to grow faster than other top executive healthcare positions, according to a new study.
- The Hay Group Healthcare Compensation Study indicated median base salaries for healthcare CEOs grew 2.4% this year, compared to 2.1% for healthcare chief operating officers and 1.5% for chief nursing officers.
- The growth rate was even greater for non-system hospital CEOs, with base salaries rising 4.3%.
That increase compares to an average 2% increase for clinical staff, a 2.1% increase for nurses and a 1.1% increase for physicians, according to the survey. And this is base pay—it does not include other forms of compensation such as stock options or grants. Those can be far more substantial than base pay—for example, The New York Times in May cited the example of Ronald J. Del Mauro, the former president of Barnabas Health in New Jersey. He had a salary of only $28,000 in 2012 but his total compensation package was $21.7 million.