Becker's Hospital Review

June 2021 Issue of Becker's Hospital Review

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36 POPULATION HEALTH 36 CEO / STRATEGY Executive pay at CHS, Tenet and HCA: 12 things to know By Ayla Ellison S ome top executives at major for-profit hospital operators saw their total com- pensation rise last year, while others saw total pay decline. Twelve things to know about executive compensation at CHS, HCA and Tenet: CHS 1. Tim Hingtgen began serving as CEO of Franklin, Tenn.-based Community Health Systems on Jan. 1, and he'll get a base salary of $1.2 million this year, up from the $1 mil- lion he made in his former role as COO of the company. 2. CHS President and CFO Kevin Hammons will receive a base salary of $700,000 this year, up from $575,000 a year earlier. He will also be able to earn up to 125 percent of his base salary in cash bonuses. 3. CHS President of Clinical Operations and CMO Lynn Simon, MD, will get a base salary of $625,000, up from $583,518 last year. She will also be able to earn up to 115 percent of her sal- ary from CHS' performance incentive plan. 4. e company's former CEO, Wayne Smith, who now serves as executive chair of the board of directors, will receive a base salary of $1 million this year, down from the $1.6 million he made in 2020 as CEO. He will also be able to earn up to 225 percent of his salary in cash bonuses. HCA 5. Samuel Hazen, who took over as CEO of Nashville, Tenn.-based HCA Healthcare in January 2019, received a base salary of $1.3 million last year, compared to $1.4 million a year earlier. In response to the COVID-19 pandemic, HCA executives saw their base salaries reduced by 30 percent from April 1, 2020, through June 30, 2020. 6. Aer factoring in incentive compensation, stock awards and pension benefits, Mr. Ha- zen's compensation totaled $30.4 million in 2020, compared to $26.8 million a year ear- lier. 7. e company's CMO and clinical opera- tions group president Jonathan Perlin, MD, saw his compensation rise from $6 million in 2019 to $6.5 million last year. 8. HCA Executive Vice President and CFO William Rutherford's total compensation dipped to $6.1 million in 2020 from $6.3 mil- lion in 2019. He saw incentive plan compen- sation decline year over year. Tenet 9. Ron Rittenmeyer, executive chair and CEO of Dallas-based Tenet, received a base salary of $1.44 million last year, compared to $1.2 million a year earlier. Mr. Rittenmey- er didn't take home his entire base salary in 2020. To help company employees during the COVID-19 pandemic, he donated his salary earned from April through June to the Tenet Care Fund. 10. Aer factoring in an $875,000 bonus, stock awards, incentive plan pay and all other compensation, Mr. Rittenmeyer's compen- sation totaled $16.68 million in 2020. at's compared to 2019, when he received a $3.5 million bonus, and his compensation totaled $24.29 million. 11. Saum Sutaria, MD, president and COO of Tenet, received compensation of $8.58 mil- lion last year, which included a base salary of $1 million. In 2019, his compensation to- taled $13.95 million, including a base salary of $961,539. 12. Tenet Executive Vice President and CFO Dan Cancelmi's salary climbed from $618,000 in 2019 to $641,385 last year. Af- ter factoring in a $250,000 bonus, stock awards, pension benefits and all other com- pensation, Mr. Cancelmi's pay totaled $7.22 million last year. In 2019, his compensation totaled $5.14 million. n How's Houston Methodist's vaccine mandate as of mid-April? 'Very successful,' says CEO Dr. Marc Boom By Molly Gamble H ouston Methodist managers had a dead- line of April 15 to receive at least one dose of the COVID-19 vaccine as part of the system's mandate. The numbers came in: 99.4 percent of the management team complied. "So far the rollout of our mandatory COVID-19 vaccination plan has been very successful, with our managers at near- ly 100 percent as of today," Houston Methodist President and CEO Marc Boom, MD, told Becker's April 15. "Now we turn to all other employees to do the right thing and get vaccinated." When the mandatory vaccination policy was rolled out March 31, 95 percent of the system's managers and 100 percent of its executives had received at least one dose of a COVID-19 vaccine. They had until April 15 to receive at least one dose or get an approved exemption. Those who have not complied will first have a discussion with their supervi- sor, then could face suspension followed by termination. The system circled June 7 as the next deadline for all 26,000 employees to get the COVID-19 vaccine. As of April 15, more than 84 percent of system employees and 96 percent of em- ployed physicians had received at least one shot. Houston Methodist is the first large, integrated health sys- tem to make COVID-19 vaccines mandatory for employees. "I feel strongly that we must protect our patients, who are some of the most vulnerable in our community," said Dr. Boom. "I am confident that our employees who are not vaccinated yet will do so by the deadline, as we are all committed to protecting our patients." A March poll by The Washington Post and Kaiser Fami- ly Foundation found 1 in 6 healthcare workers said they would leave their job rather than get the COVID-19 vac- cine. As of April 23, only two leaders of about 1,200 had decided to leave Houston Methodist over the mandatory vaccination requirement, according to Dr. Boom. n

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