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Study: Nonprofit hospital CEOs earn $600,000 a year

October 15, 2013 /

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The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

A new study shows that chief executive officers at non-profit hospitals make about $600,000 a year.

The salary findings, published in JAMA Internal Medicine on Oct. 14, were based on data from almost 2,700 hospitals.

The study authors wrote that prior to their research, not much information has been available on how much hospital CEOs are compensated.

They used 2009 tax forms filed by nonprofit hospitals to determine salaries. A total of 1,877 CEOs from 2,681 hospitals were included.

by MICHELLE CASTILLO – CBS News

Full Story: http://www.kbzk.com/news/study-nonprofit-hospital-ceos-earn-600-000-a-year/

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