Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Retirements boost ID hospital CEO compensation

Idaho Statesman, May 24, 2011

The total compensation for six CEOs of Treasure Valley hospitals was higher in 2008 and 2009 than the mid-range compensation paid to executives at 20 hospitals studied by the Internal Revenue Service. "When looking at total compensation paid to the top management official, the average and median were $490,431 and $377,256, respectively," the IRS said in 2009. The average total compensation for CEOs at Valley hospitals was $706,673 and the median was $580,694, according to the most recent tax filings of the hospitals and health systems in the Treasure Valley. However, that was largely due to retirements of top executives during a time of historic change for the health care industry and the local expansion of health systems.