By Jesus Solana
The 10th Physician Leadership Compensation Survey has found that a hospital system CEO might not have the organization’s highest-paying job, although CEOs are paid very big money in most systems, for-profit or “nonprofit.”
The survey, run by Cejka Executive Search and the American Association for Physician Leadership, found that the highest-paid members of the C-suite were often in such “emerging” roles as physician-in-chief, chief “transformational” officer and chief innovation officer.
The researchers found that the median salary for executives in these roles was $499,000 in 2015, while CEOs earned a median $437,500. CEO pay up was 7 percent since 2013 and “emerging roles” 6 percent
“There are emerging roles in response to the shift toward value-based care that provide physician leaders with significantly greater opportunities for earnings, as well as strategic input and organizational influence,” Paul Esselman, Cejka Executive Search’s senior executive vice president and managing director said.
To read the survey, please hit this link.