Median base salaries for healthcare executives have continued to rise, according to consulting firm SullivanCotter's "2023 Healthcare Management and Executive Compensation Survey."
The survey, conducted between January and April, pulled from more than 3,000 organizations representing nearly 42,160 executives and managers.
It found that median base salaries rose by 4.1% between 2022 and 2023 for leaders at all healthcare organizations. Meanwhile, the year-over-year increase in total cash compensation increased 3.5% between 2022 and 2023.
The survey also found that health system executive positions with median base salary increases of at least 5% often focused on strategy and planning, technology, financial sustainability and risk, integration and workforce strategy.