Source: Beth Kutscher, Modern Healthcare, Vol. 42 no. 33, August 13, 2012
Compensation of the top execs at investor-owned insurers outpaced that of the leaders at hospitals and specialty care…Despite last year’s uncertainty about the future of the reform law, healthcare executives took home more money than those in any other sector on the S&P 500, with insurance execs topping the list….
…For the third year running, the highest paid executive among the three sectors was Stephen Hemsley, president and CEO of UnitedHealth Group, Minneapolis, who earned $42.2 million…. Tenet president and CEO Trevor Fetter…came in second on the list of hospital operators, earning $10.7 million…
Keeping executive compensation in check
Source: Ashok Selvam Modern Healthcare, Vol. 42 no. 33, August 13, 2012
Ongoing push for transparency and links between pay and performance continue to drive trends…Establishing criteria for executive pay in the healthcare sector is difficult enough, but hospital boards continue to face added pressure for increased transparency in the process.