Despite mounting public concern about sky-high pay levels for top-ranked corporate officials, the highest-paid executives at not-for-profit healthcare institutions racked up massive pay increases in 2013, a Modern Healthcare review of the most recently available data from Internal Revenue Service filings shows.
The pay for 20 top-paid healthcare executives who earned both a base salary and bonus and incentive income in 2012 and 2013 soared 29.6% year over year.
An executive who saw one of the highest percentage spikes in combined base and bonus pay was Anthony Tersigni, president and CEO of St. Louis-based Ascension. He earned a total of $7.1 million in 2013, more than double the $2.8 million he earned in 2012. His total compensation, which included base, bonus, $1.3 million in other compensation, $59,024 in deferred compensation and $38,639 in nontaxable benefits, totaled $8.5 million.