Press-Republican

Local News

February 10, 2013

Salaries of hospital CEOs detailed

MALONE — Job cuts and layoffs invariably lead to questions and criticism of the salaries paid to top management professionals.

And it’s no different in this region.

Numerous jobs were cut in 2012 at the area’s five hospitals, some the first substantial layoffs in decades. One hospital recorded an operating deficit, and at some, programs and services were reduced.

Adirondack Health, parent company of Adirondack Medical Center in Saranac Lake, and CVPH Medical Center in Plattsburgh, each laid off 17 employees last fall and eliminated vacant positions.

Alice Hyde Medical Center in Malone let 12 people go in September and had closed down more than a dozen vacancies.

The shaky financial picture last year prompted questions from employees and community members, who wondered what the chief executives were paid, as those figures are not readily available.

IRS RECORDS REVIEWED

The Press-Republican reviewed the salaries paid to CEOs and other financial information for the region’s hospitals: CVPH Medical Center, Adirondack Medical Center, Alice Hyde Medical Center, Moses-Ludington Hospital in Ticonderoga and Elizabethtown Community Hospital (ECH) in Elizabethtown.

The examination also included Fletcher Allen Health Care in Burlington because of its affiliations with Moses-Ludington and Alice Hyde and its partnerships with ECH and CVPH.

The information was gleaned from reports that nonprofit hospitals are required to file with the Internal Revenue Service.

SALARY AVERAGES

Nationwide, the average hospital CEO salary is $500,000, according to the Internal Revenue Service.

The State Department of Labor does not keep specific statistics on hospital CEO pay, but the median base

salary for chief executives in all industries in the North Country is $127,380, not including bonuses and other compensation.

The pay of chief executive officers at North Country hospitals ranged between $127,000 and $750,000 a year in 2010, according to the information reviewed by the Press-Republican. That is the latest year for which figures are available.

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