Two recent articles from Becker’s Hospital Review provide data on CEO and CFO compensation in rural and critical access hospitals. Median compensation and 25th-75th percentile pay ranges are included for rural hospitals in four net patient revenue ranges:
- Less than $20 million
- $20 – $50 million
- $50 – $100 million
- Over $100 million
CEO median compensation was $135,594 in 2012 for rural hospitals with net patient revenue under $20M, and $358,500 for those hospitals with over $100M net revenue. Rural hospital CFO median compensation ranged from $92,123 to $214,200 in the smallest to largest hospital net patient revenue categories.
The compensation data is based on the 2012 Executive Compensation Survey for Critical Access & Rural Hospitals from Yaffe & Company, in collaboration with the National Rural Health Association. The Yaffe report also includes compensation by region, number of full-time equivalent employees, and bed size range. Survey results on incentive plans, benefits, and perquisites are covered, and compensation for chief nursing officers is provided as well.
Sources:
Herman B. 12 statistics on rural hospital CEO compensation. Becker’s Hospital Review, June 10, 2013. http://www.beckershospitalreview.com/compensation-issues/12-statistics-on-rural-hospital-ceo-compensation.html
Herman B. 12 statistics on rural hospital CFO compensation. Becker’s Hospital Review, June 11, 2013. http://www.beckershospitalreview.com/compensation-issues/12-statistics-on-rural-hospital-cfo-compensation.html
Posted by AHA Resource Center, (312) 422-2050, rc@aha.org
Filed under: Administration, Benchmarking, Compensation surveys, Posted by Diana Culbertson, Rural health | Tagged: critical access hospital executive compensation, hospital chief executive officer, hospital chief financial officer, hospital chief nursing officer, rural hospital executive compensation |
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