GNYHA and our executive compensation partner SullivanCotter have developed a document called Briefing on Executive Compensation in Not-for-Profit Health Systems. This comprehensive resource is timely and relevant given the widening scrutiny of hospital CEOs’ compensation, including during a recent Federal hearing on health care affordability.
The document addresses executive compensation from the following angles:
- How executive compensation in not-for-profit health systems is determined
- How accountability and stakeholder priorities differ between not-for-profit and for-profit health system boards
- How the talent market for leaders differs between not-for-profit and for-profit health systems based on skills/competencies and operating character
- How CEO pay levels vary across not-for-profit and for-profit health systems
- How executive performance is measured in not-for-profit versus for-profit health systems
- How the way in which pay is delivered varies between not-for-profit and for-profit health systems
- The differences in how pay is disclosed in the Internal Revenue Service Form 990
- The factors that make the operations and performance expectations of not-for-profit health systems uniquely complex
- How the compensation tax liability of not-for-profit health system CEOs compares to for-profit health care CEOs
Please contact Lee Perlman, who co-authored this resource, if you have any questions.