Becker's Healthcare March 17, 2025
Franklin, Tenn.-based Community Health Systems’ CEO and CFO saw their total compensation decrease in 2024, according to a proxy statement filed March 12 with the Securities and Exchange Commission.
CHS reported an operating income of $542 million (4.3% margin) in 2024, down from a $957 million gain (7.7% margin) in 2023.
“We continue to make meaningful progress in key strategic areas, and we were especially pleased with demand for our services and strong same-store volume growth,” CEO Tim Hingtgen said in the for-profit health system’s Feb. 18 financial report.
Here are CHS’ five highest-earning executives in 2024:
1. Tim L. Hingtgen, CEO
- Salary: $1.33 million
- Restricted stock awards: $1.72 million
- Option awards: $438,000
- Non-equity incentive plan: $3.23...