How Much Does CEO Of Hospital Make?

by | Last updated on January 24, 2024

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Tip. Although large hospitals pay more than $1 million, the average 2020 health care CEO salary is

$153,084

, according to Payscale, with more than 11,000 individuals self-reporting their income. With bonuses, profit-sharing and commissions, salaries typically range from $72,000 to $392,000.

Who is the highest paid hospital CEO?

  • Robert Ford (Abbott Laboratories) — $16.3 million.
  • Steven Collis (AmerisourceBergen) — $14.3 million.
  • Michael Kaufmann (Cardinal Health) — $14.22 million.
  • Michael Hsu (Kimberly-Clark) — $13.47 million.
  • Michael Roman (3M) — $12.99 million.
  • Rainer Blair (Danaher) — $10.4 million.

How do you become a CEO of a hospital?

Aspiring health care executives must

gain years of medical and business management experience

to become a hospital CEO. Typically, hospital CEOs have eight to 10 years of administrative, business management and health care expertise in addition to a master’s degree in health care or health care administration.

How much do CEOs of nonprofit hospitals make?

Nonprofit hospital executives are an outlier among nonprofits when it comes to compensation. A 2015 report from the Economic Research Institute found that the average CEO pay in most nonprofit industries was

around $100,000- $200,000

.

Who is the highest paid person in a hospital?

Surgeons earn more than physicians typically, with

neurosurgeons

topping the list, as some earn over a million dollars annually. Orthopedic surgeons and plastic surgeons are also high earners. Even the “lowest” earning physicians earn six figures.

Can a doctor become a hospital CEO?

Nearly all hospitals are run by an

executive team

, the leader of which is the hospital’s chief executive officer. This role is typically filled by someone with a business background, but not always; in some instances, the CEO is a medical professional, perhaps a nurse or doctor.

How hard is it to become a hospital CEO?

Becoming the CEO of a hospital will take years of dedication and hard work. Including educational requirements, at a bare minimum, a

total of 12-16 years of academics

and professional experience are to be expected. A broad range of practical and administrative expertise is required.

Who is the highest paid nonprofit CEO?

Rank Person Work Title 1

Pauley, James

President & CEO
2 Woolf, Louis President & CEO 3 Volpe, Mark Former President & CEO 4 Monroe, Dan Former Executive Director

What do CEO of hospitals do?

A hospital CEO is the chief executive officer of a hospital, and they are

responsible for overseeing the operations of the entire facility

. Their job involves planning, staffing, budgeting and creating and implementing policies.

Which charities have the highest paid ceos?

Name & Title Charity 1 Craig B. Thompson, M.D. President/CEO Memorial Sloan Kettering Cancer Center Note: Includes $3,330,000 bonus & incentive compensation. 2 Robert W. Stone President/CEO City of Hope & Affiliates Note: Includes $1,462,909 bonus & incentive compensation.

Do nurses make 6 figures?

It is

absolutely possible to make $100,000 a year as a registered nurse

. In fact, the path for how to make six figures as a nurse can be reasonably straightforward. … Even registered nurses who work in general fields can make a very healthy salary under the right circumstances.

What is the #1 job in healthcare?

Health care jobs dominate, with

physician assistant

claiming the No. 1 spot.

Can doctors make millions?

There are some who can make close to a million but not “millions of dollars”.

Very few doctors

earn that kind of money. Actually, OP said “salaries (0f) certain surgery subspecialties can range from 500 k to million(s)” so if one person makes millions the range is correct.

Who is the youngest CEO?

Latin American Post. “

Hillary Yip

, at 15 years old, is the youngest CEO in the world.” Accessed April 10, 2021.

Is being a CEO worth it?

Being a CEO is going to cost you more of everything than you think, but

the return is worth it

. In addition to the obvious, it costs you confidence as it will cause a ton of self-doubt. However, it will also give it all back, plus more. Leading is all consuming, especially when you do it with passion.

Do I need a Masters to be a CEO?

CEOs typically have a

bachelor’s or master’s degree in business administration

or a field related to their industry. Some CEO positions require that candidates have a master’s or even, depending on the industry (education, for instance), a doctorate.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.