Three of six association executives not previously reported in Modern Healthcares yearly compensation survey would have ranked in the lists top half.
Association paydays purveyed
Delayed 990s reveal three execs in top half in pay
The half-dozen executives total compensationsalary, benefits and expense allowancewas not publicly available in late April because the organizations delayed filing annual tax records after receiving extensions from the Internal Revenue Service (April 28, p. 26).
Thomas Russell, executive director of the American College of Surgeons; Thomas Van Coverden, president and chief executive officer of the National Association of Community Health Centers; and John Tooker, executive vice president and CEO of the American College of Physicians; ranked at nos. 15, 17, and 22, respectively, on a list that now includes compensation for 48 executives.
Van Coverden saw his compensation drop to $660,555 from roughly $1.1 million a year earlier thanks to changes in deferred compensation. In 2005, Van Coverden was paid $358,954 in accrued deferred payouts; he earned, but was not paid, an additional $45,556 in deferred compensation that year.
The remaining three executiveLawrence McAndrews, president and CEO of the National Association of Childrens Hospitals and Related Institutions; Dean Wilkerson, executive director of the American College of Emergency Physicians; and Darrell Kirch, president and CEO of the Association of American Medical Collegesplaced at 26, 35, and 37, respectively.
Kirch succeeded Jordan Cohen as president on July 1, 2006. Cohen earned $3,515,587 as president emeritus, including deferred compensation of $2,622,584 that was paid out in 2006 but also reported to the IRS in prior years. The association engaged an outside consultant during Cohens tenure to compare his salary and ensure it was in line with similar jobs and similar organizations, the AAMC said in a prepared statement.
The overall survey, which used tax records for fiscal 2005 and 2006, ranked Scott Serota, president and CEO of the Blue Cross and Blue Shield Association, the highest-paid healthcare association chief executive in fiscal 2006. Serota received about $2.4 million in 2006. Ranked second was Kenneth Raske, president of the Greater New York Hospital Association, with nearly $1.7 million in total compensation. And Richard Davidson, who retired Jan. 1, 2007, after 15 years as president of the American Hospital Association, ranked third with total compensation of a little more than $1.5 million in 2006.
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