WebMD Chairman Martin Wygod tops a list of the highest-paid executives of publicly traded e-health firms, according to an industry newsletter.
Wygod reportedly received a salary of $1,308,900 in 2003, according to the Atlantic Information Services' Today in E-Health Business newsletter, which said it obtained the data from Securities and Exchange Commission filings.
WebMD, which has never posted a full-year profit on an annual report, reported modest quarterly profits in the fourth quarter of 2003 and the first quarter of 2004.
Wygod took over as sole CEO of WebMD in October 2000. Before that, he was co-CEO briefly with WebMD founder Jeffrey Arnold.
Wygod came to Healtheon/WebMD, as the company was then known, that same year when it acquired Wygod's company, practice management software maker Medical Manager.
WebMD had two other executives near the top of the list. Roger Holstein, its chief executive officer and former president, reportedly was paid $861,538 in total compensation and ranked third on the list, while President Wayne Gattinella was paid $575,000 and placed fifth, the newsletter reported.
Other top executives, based on pay, were: 2) Neoforma Chairman and CEO Robert Zollars, $1,260,962; 4) Cerner Corp. Chairman and CEO Neal Patterson, $711,845; 6) Drugstore.com President and CEO Kal Raman, $485,020; and 7) TriZetto Group Chairman, President and CEO Jeffrey Margolis, $484,830.