Prognosis: Profits

Million-dollar hospital executives in North Carolina

Twenty-five N.C. nonprofit hospital executives made total compensation exceeding $1 million in 2010 or 2011. Most worked for Novant Health or Carolinas HealthCare System.

Executive raises have been generous. So have retirement packages. In 2009, Pitt County Memorial Hospital, in Greenville, N.C., reported total compensation of $8.7 million to former CEO David McRae, including a $7.7 million payout to a retirement trust.

When former Gaston Memorial CEO Wayne Shovelin retired in 2009, he received a retirement payment of $5.9 million - a combination of deferred compensation and contributions from the hospital's parent company.

Carolinas HealthCare System

Source: Carolinas HealthCare System. Compensation figures are for calendar year 2011.

Michael Tarwater

CEO, Carolinas HealthCare System

Total 2011 compensation:

$4,236,305

Percentage increase over prior year:

14.10%


Joseph Piemont

President/Chief Operating Officer,

Carolinas HealthCare System

Total 2011 compensation:

$2,536,792

Percentage increase over prior year:

19.70%


Greg Gombar

CFO, Carolinas HealthCare System

Total 2011 compensation:

$1,751,798

Percentage increase over prior year:

8.90%


Laurence Hinsdale

Executive Vice President, Carolinas HealthCare System

Total 2011 compensation:

$1,693,314

Percentage increase over prior year:

44.10%


Paul Franz

Executive Vice President, Carolinas HealthCare System

Total 2011 compensation:

$1,575,927

Percentage increase over prior year:

-1.30%


Dennis Phillips

Executive Vice President, Carolinas HealthCare System

Total 2011 compensation:

$1,351,138

Percentage increase over prior year:

12.20%


John Knox

Chief Administrative Officer, Carolinas HealthCare System

Total 2011 compensation:

$1,197,528

Percentage increase over prior year:

11.80%


Roger Ray

Chief Medical Officer, Carolinas HealthCare System

Total 2011 compensation:

$1,080,159

Percentage increase over prior year:

No data for prior year


Russ Guerin

Executive Vice President, Carolinas HealthCare System

Total 2011 compensation:

$1,060,931

Percentage increase over prior year:

3.00%


Other hospitals and systems

Source: IRS returns filed by the hospitals. The returns are for calendar and fiscal year 2010, the latest available.

Victor Dzau

CEO/President, Duke University Health System, Durham

Total 2010 compensation:

$2,229,145

Percentage increase over prior year:

1.3%


Paul Wiles

President/CEO, Novant Health, Winston-Salem

(Now retired)

Total 2010 compensation:

$2,215,773

Percentage increase over prior year:

18.2%


Carl Armato

Senior executive vice president (now CEO), Novant Health, Winston-Salem

Total 2010 compensation:

$2,133,626

Percentage increase over prior year:

10.3%


Greg Beier

President of Operations, Novant Health, Winston-Salem

Total 2010 compensation:

$2,108,839

Percentage increase over prior year:

11.4%


Wayne Shovelin

CEO, Gaston Memorial Hospital, Gastonia

(Now retired)

Total 2010 compensation:

$1,762,418

Percentage increase over prior year:

41.7%


Charles Frock

President/CEO, First Health of the Carolinas, Pinehurst

Total 2010 compensation:

$1,731,327

Percentage increase over prior year:

-0.4%


John McConnell

CEO, Wake Forest Baptist Medical Center, Winston-Salem

Total 2010 compensation:

$1,681,680

Percentage increase over prior year:

No data available


Sallye Ann Liner

Chief Clinical Officer, Novant Health, Winston-Salem

Total 2010 compensation:

$1,641,893

Percentage increase over prior year:

33.7%


Jacqueline Daniels

Chief Administrative Officer, Novant Health, Winston-Salem

Total 2010 compensation:

$1,580,012

Percentage increase over prior year:

11.7%


Stephen Wallenhaupt

Chief Medical Officer, Novant Health, Charlotte

Total 2010 compensation:

$1,577,360

Percentage increase over prior year:

20.9%


David McRae

CEO, Pitt County Memorial Hospital, Greenville

Now retired

Total 2010 compensation:

$1,534,183

Percentage increase over prior year:

NA


Fred Hargett

CEO, Novant Health, Winston-Salem

Total 2010 compensation:

$1,405,451

Percentage increase over prior year:

54.8%


Arthur Patefield

Senior VP, Novant Health, Winston-Salem

Total 2010 compensation:

$1,225,106

Percentage increase over prior year:

0.7%




Lawrence McGee

General Counsel / SEC, Novant Health, Winston-Salem

Total 2010 compensation:

$1,189,576

Percentage increase over prior year:

0.1%


Tony Johnson

Senior Vice President, Novant Health, Winston-Salem

Total 2010 compensation:

$1,105,271

Percentage increase over prior year:

69.6%


William Fulkerson

Executive vice president, Duke University Health System, Durham

Total 2010 compensation:

$1,020,658

Percentage increase over prior year:

10.1%

Source: Carolinas HealthCare System; Note: Compensation figures are for calendar year 2011.

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