Which executive earns most at an HMO? (Hint: It's not the chief medical officer)


Whether or not the public hubbub over CEO salaries at HMOs is entirely justified, it's clear that managed care plans' top business decision-makers are pulling in more than their top doctors. A recent survey of the nation's 22 publicly traded HMOs yielded comparative averages for CEO, chief operating officer, chief marketing officer, chief financial officer and chief medical officer compensation.

Average annual compensation of top executives at publicly traded HMOs, by position title

NOTE: Most figures are for 1994 fiscal year; where fiscal years ended in June or September, they are for fiscal 1995. Data not available for chief operating officer from 10 HMOs, for chief marketing officer for 18, for chief financial officer for seven and for chief medical officer for 14.

SOURCE: Pulse newsletter, SHERLOCK CO., GWYNEDD, PA.

Career Opportunities

HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

Apply via email to jfedder1@hfhs.org or online at http://p.rfer.us/HENRYFORDlXqAJA

Subscribe to Our Newsletters

Monthly table of contents

Be notified as each issue of Managed Care is available online.

Biweekly newsletter

Recent topics have included:

PTCommunity news

New drug approvals, clinical trials, drug management. Three times per week.

UP NEXT

Managed Care
By Peter Wehrwein
Managed Care
By Howard Wolinsky