northwestern medicine ceo salary
For its 2021 fiscal year, NORTHWESTERN CORP, listed the following board members on its annual proxy statement to the SEC. At Lurie Children's Hospital of Chicago, for example, executive compensation takes several factors into account, "including safe patient practices, positive patient outcomes, achievement of short- and long-term strategic, operational and financial goals," spokeswoman Julie Pesch says in an email. Medical City CMO: How North Texas Health Systems Can Crush the Opioid Crisis The opioid crisis cost the U.S. economy nearly $1.5 trillion in 2020, a $487 billion increase from 2019. Woodstock , IL, Northwestern Memorial Healthcare - 8 of the 10 most highly compensated employees are male while 2 are female. Click the company name to explore its salary ranges and a comparison with pay at Northwestern Medicine. Skogsbergh's co-CEO, Dr. Nick Turkal, former head of Aurora, got a whopping 187 percent raise to $11.4 million in 2017. Employees vested in Plan A have contributions taxed currently with no deferred component, include: Employees vested in Plan B where the current year contributions are reported as compensation on the W-2 include: The following employees are not vested in the plan so the earned amount (listed below) remains at risk: NMH made a $50,000 loan to Joacquin Brieva, a former director, for retention. Howard B. Chrisman, MD, is President and Chief Operating Officer of Northwestern Memorial HealthCare. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Hailey Orsini, an employee and daughter of John Orsini, a Director, received $66, 675 for employment. Soaring compensation for hospital executives comes amid growing scrutiny of pay disparities in health care. Huntley Among Northwestern Medicine competitors, employees at Southern Illinois Healthcare earn the most with an average yearly salary of $82,274. Charles N Mills, a Director, indirectly owns a greater than 35% interest in Medline, a company that received $845,690 for medical supplies. 1-877-812-1590, Northwestern performs first 'heart in a box' transplant in Illinois, Chicago's new class of hospital CEOs takes over at a trying time, Sponsored Content: Why Bestowal Gifts Can Give You Better ROI than Most Business Dinners, Juice: Crain's daily take on power & politics, The Most Powerful Women In Chicago Business. 645 independent contractors received more than $100,000 in compensation. Amita Health CEO Mark Frey earned $2.8 million, an increase of 22 percent, the year before the hospital network absorbed Presence Health. Northwestern Medicine is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status. NMH paid for health or social club dues or initiation fees. The majority of the physicians are also compensated by an unrelated organization Northwestsern University Feinberg School of Medicine through a common paymaster for their academic and research efforts. NORTHWESTERN CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. No data is available based on your input. Dean M Harrison is President/CEO at Northwestern Memorial Healthcare. Expenses were $5 billion (not including $230 million in depreciation) with four (4) primary expenses: compensation ($2.1 billion), fees for services ($1.1 billion), medical supplies ($958 billion), and office-related expenses ($374 million). Total revenue was $5.5 billion, primarily from patient care services. Rush University System for Health CEO Dr. Larry Goodman, who this year announced his impending retirement, earned $3.3 million, an increase of 18 percent. Northwestern Medicine - This is 1% more than the national average salary for Cooks. Cooks on the lower end of that spectrum, the bottom 10% to be exact, make roughly $26,000 a year, while the top 10% make $39,000. Employees at Stanford University earn more than most of . Click below to see everything we have to offer. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. In other words, it is not important that readers know who is a physician and who is not, or at least not more important than knowing who has an MBA and who does not. View L. Pearce McCarty, III MD, MBA'S profile on LinkedIn, the world's largest professional community. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Here are some other companies that are located close to Northwestern Medicine. Find out what you should be paid at Northwestern Medicine. This report is not for commercial use. Salary information comes from 10 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. $38,601 / yr. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. NORTHWESTERN CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Northwestern Medicine is a leader in quality healthcare and service, bringing together faculty, physicians and researchers to support and advance that care through leading-edge treatments and breakthrough discoveries. I appreciate this blog and know that gleaning through all the paperwork to distill it down to what is relevant takes time and skill. * Search All Jobs Northwestern Medicine is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability or sexual orientation. While financial performance still affects incentive compensation, quality measuresincluding patient satisfaction, safety and timeliness of careare more heavily weighted by most organizations today than they were five years ago. , Here's what people are saying about Northwestern Medicine. SunIRef:Nurse:title Staff Nurse Northwestern Medicine 1,076 reviews - Woodstock, IL 60098 Northwestern Medicine 1,076 reviews Read what people are saying about working here. Northwestern Medicine pays those in the bottom 10 percent $26,000 a year, and the top 10 percent over $82,000. The average Northwestern Medicine hourly pay ranges from approximately $17 per hour for a Security Officer to $106 per hour for a Physician. Still, his 2017 compensation was up 18 percent from 2015 and 27 percent from 2014. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. For some reason, no one elses credentials are listed, just the physicians. All proxy statements are public filings made available to the general public by the SEC. For its 2021 fiscal year, NORTHWESTERN CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. McHenry Reviews may also highlight any negative aspects of a company that will help in evaluating it as a prospective employer. , For more information, please contact Kelly Flesch at kflesch@nm.org. You may also find the annual proxy statement by going directly to the company's website. Rising CEO pay reflects a nationwide "race for really, really good executive talent," as hospitals seek solutions to challenges ranging from lower reimbursement rates to consolidation, says Dan Mayfield, a managing director at Integrated Healthcare Strategies, a unit of Arthur J. Gallagher. Northwestern Memorial Hospital. What makes us better, makes you better. , $35,680 / yr. Medical Assistant salaries - 2 salaries reported. Chicago, IL 60601 Tax free Childcare fund up to $5K. Christine E Englehart, an employee and daughter of Erik Englehart, a former officer, received $44,146 for employment. 130 E. Randolph St. Here are some companies in the same or similar industry as Northwestern Medicine. We welcome you to explore careers with Northwestern Medicine. The average Northwestern Medicine salary ranges from approximately $37,362 per year for a Cerified Phlebotomist to $228,826 per year for a Doctor. Northwestern Medicine pays an average salary of $59,845 and salaries range from a low of $52,766 to a high of $68,442. At Northwestern Medicine, employees working in engineering jobs and it jobs tend to earn the highest salaries. Dr. 3,351 employees received more than $100,000 in compensation with the 60 most highly compensated employees listed below (note: many of the employees listed below are physicians whose compensation listed is for clinical and administrative services provided within the NMH. CEO Approval Business Outlook Pros $250 yearly wellness fund. , 3,351 employees received more than $100,000 in compensation with the 60 most highly compensated employees listed below (note: many of Compensation also reflects the board's view of the outstanding results executives have delivered amidst a challenging health care environment, as well as a desire to retain talented individuals in a very competitive marketplace," spokesman Jim Anthony says in an email. Based on our data team's research, Dean M. Harrison is the Northwestern Medicine's CEO. Northwestern Medicine employees rate the overall . CEO Pay Ratio For its 2021 fiscal year, NORTHWESTERN CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. You have repeated a common error made in listing groups of people that include some physicians. Northwestern Medical Center employees earn an average salary of $68,952 in 2022, with a range from $28,000 to $168,000. The balance due is $17,500. Woodstock The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Executive Summary. The employee data is based on information from people who have self-reported their past or current employments at Northwestern Medicine. 23,327 employees received $2.1 billion in compensation which equates to an average compensation of $90,000 (compare this to an average compensation of $60,000 at northshore, a chicago-based healthcare provider). Longtime Lurie CEO Patrick Magoon was the only one of the nine top execs to see a significant pay cut in 2017. President and Chief Operating Officer, Northwestern Memorial HealthCare. The following is a list of Northwestern Medicine's jobs and salaries. Top executives at six of the nine largest Chicago-area nonprofit health systems pocketed substantial raises in 2017, recently released data shows. Saint Albans, VT. $241,921 / yr. Northwestern Medicine pays Cooks $32,429 per year on average. The average salary of Northwestern Medicine is $59,845 in the United States. $79,792 / yr. Environmental Services Technician salaries - 2 salaries reported. The talent chase seems to be benefiting Chicago-area hospital bosses more than others. Average Northwestern Medicine Director yearly pay in the United States is approximately $177,514, which is 105% above the national average. Our team works Northwestern Medicine - Their average pay hike was 37 percent, easily outpacing national trends. 9 in the nation according to the U.S. News & World Report Honor Roll of America's Best Hospitals, 2022 - 2023 . The five (5) most highly compensated were reported to be: To read the IRS Form 990 (2017 for the year ending August 31, 2018), click here. Coronavirus Tips Working and Protection, For its 2021 fiscal year, NORTHWESTERN CORP, listed the following executives on its annual proxy statement to the SEC. Pressure to rein in health care costs hasn't reached hospital executive suites, where spending on CEO pay is rising sharply. Executive Compensation at Northwestern Memorial HealthCare (Chicago, IL), Julia Creamer: The current year contribution amount is $606,772, Dean Harrison: The current year contribution amount is $1,989,073, Dean Manheimer: The current year contribution amount is$461,393, Peter McCanna: The current year contribution amount is$810,655, $73,806,458: Turner Construction Company of Chicago, IL for construction, $44,618,843: Skender Construction of Chicago, IL for construction, $18,654,203: Deloitte Consulting LLP of Chicago, IL for consulting services, $18,139,947: Lo Destro Construction Company of Chicago, IL for construction, $16,714,009: Medical Staffing Network of Dallas, TX for temporary staffing. NorthShore says CEO pay is "based on many factors, including our ability to consistently deliver high-quality care and excellent outcomes for our patients. Saint Albans, VT. $47,429 / yr. Certified Medical Assistant salaries - 1 salaries reported. L. Pearce has 7 jobs listed on their profile. Salary negotiable on hire if you are hired from an outside organization. Suite 3200 All Northwestern Medicine - Medical Information salaries Nursing Advanced Practice Registered Nurse $105,655 per year 2 salaries reported Cardiac Nurse $59,284 per year One salary reported Certified Registered Nurse Anesthetist $170,535 per year 2 salaries reported Charge Nurse $44.00 per hour One salary reported Clinical Nurse $60,000 per year Bringing up the rear is former Loyola Medicine CEO Larry Goldberg, whose pay remained flat at $1.3 million in 2017. The average salary of Northwestern Medicine jobs will vary according to location, department, and job description. Northwestern Medicine pays an average salary of $46,656 per year, or $22.43 an hour. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Missing Crain's in print? Northwestern Medicine has 20,000 employees, of which 6 are in a leadership position. Mark Neaman, who stepped down as CEO after nearly 26 years at the helm of NorthShore University HealthSystem, earned $2.5 million in 2017 and the year prior. Company Description At Northwestern Medicine, every patient interaction makes a difference in cultivating a positive workplace. Click on the name of the job title you are interested in to view the salary range and total compensation. Northwestern Medicine may also be known as or be related to Northwestern Medicine, Northwestern Memorial Healthcare and Northwestern Memorial Healthcare Corporation. They may also reveal information or provide tips on interviewing skill requirements, and other factors that could help when applying for a position at that company. Dr. Kenneth Polonsky, who leads the University of Chicago Medicine system, in addition to serving as dean of the Pritzker School of Medicine and UChicago's division of biological sciences, also earned $3.3 million, an increase of 45 percent. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Equal Opportunity Northwestern Medicine is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national omprised of more than 100 locations throughout the region, anchored by the #1 hospital in Illinois as ranked by U.S. News & World Report. The charts on this page feature a breakdown of the total annual pay for the top executives at NORTHWESTERN CORP as reported in their proxy statements. Bachelors degree Equal Opportunity Northwestern Medicine is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color Northwestern Memorial Hospital (Chicago) - IL, At Northwestern Medicine, every patient interaction makes a difference in cultivating a positive workplace. See Dean M Harrison's compensation, career history, education, & memberships. What are some typical titles and locations for Northwestern Medicine jobs? Salary information comes from 1 data point collected directly from employees, users, and past and present job advertisements on Indeed in the past 24 months. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. , Specifically, NMH paid for country club dues for certain Kishwaukee Health employees (Brad Copple and Kevin Poorten). Find out the highest paying jobs at Northwestern Medical Center and salaries by location, department, and level. The Annual Nonprofit Hospital Community Benefits Plan Report is public information and is filed annually with the Illinois Attorney General. Pay ranges for the same job title may differ based on the location and the responsibilities, skills, experience, and other requirements for a specific job. I would like to point out something, however. Jim Skogsbergh of Advocate Aurora Health was the highest-paid local CEO for the fifth year in a row, taking home $11.7 million in 2017up 42 percent from the year prior. McHenry IL. Based on the company location, we can see that the HQ office of Northwestern Medicine is in WONDER LAKE, IL.
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