Medical Xpress July 26, 2024
A study from Rice University’s Baker Institute for Public Policy reveals that CEO salaries for nonprofit hospitals and health care systems increased significantly from 2012 to 2019. The study, “The Determinants of Nonprofit CEO Compensation,” is published in the journal PLOS ONE.
This rise in compensation may be a factor driving the ongoing consolidation of health care systems, particularly among larger organizations, according to the researchers.
The research team analyzed compensation data for 1,113 independent hospitals and nonprofit hospital systems in 2012 and 868 such organizations in 2019, combining IRS filing information with hospital statistics. “Many hospitals merged or closed during this period, leading to a smaller sample in 2019,” said Derek Jenkins, a postdoctoral scholar in health economics at...
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