Wednesday, February 09, 2005

Pay is healthy for hospitals' executives

Pay is healthy for hospitals' executives: "Pay is healthy for hospitals' executives
Corporate-like salaries seen at nonprofits' top jobs

Comparing pay
How does pay to local hospital executives stack up against industry norms and some high-profile Indiana jobs? Here are some comparisons, using total salary and benefits for 2003:

Hospital industry
$786,600: Median for CEO of system with more than $1 billion revenue
$486,800: Median for CEO of system with less than $1 billion revenue
$302,500: Median for CEO of hospital with less than $200 million revenue
Academia*
$457,327: President, University of Notre Dame, the Rev. Edward A. Malloy
$305,425: President, Purdue University, Martin C. Jischke
$305,000: President, Indiana University, Adam W. Herbert

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