For-profit hospital execs in TN score huge payday
HCA Holdings wasn't even publicly traded last year, but hefty payouts to CEO Richard M. Bracken and other investors lifted the hospital company leader's annual pay package to the top of the corporate heap statewide in Tennessee. With CEOs of hospital chains leading the way, the average compensation for the top executives among Tennessee's major companies rose 24%, according to an analysis by executive compensation data firm Equilar Inc. Bracken's overall pay package jumped 212% to $38 million last year, reflecting mostly money that HCA paid out as dividends to investors who took the company private four years ago and then back to trading stock on Wall Street this spring. CEO/Chairman Wayne T. Smith of Community Health Systems, with a $21 million pay package, and CEO/Chairman William F. Carpenter III of LifePoint Hospitals, at $8 million, join Bracken atop the list of well-paid executives in the Nashville area.
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- Carondelet to Pay $35M to Settle Fraud Allegations
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- CA Powers Up $80M HIE to 'Create Value in the Data'
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- 3 Traits Personality Assessments Can't Reveal
- Cleveland Clinic Partners with North Shore-LIJ for Heart Care