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Posts tagged ‘Salaries at Advocate Health’

16
Feb

Executive Compensation at Advocate Health (2023)

Advocate Aurora Health (AAH) is a tax-exempt non-profit 501 (c) (3) and one of many organizations within Advocate Health (which was formed when Advocate Health Care (in Illinois) and Aurora Health (in Wisconsin) merged into one healthcare system (Advocate Aurora Health) in 2018. Based in Oak Brook, Illinois, Advocate Health (AH) operates 67 hospitals in six (6) states with more than 1,000 out patient care sites staffed by 160,000 employees. Read more »

28
Dec

Executive Compensation at Advocate Health (2022)

Advocate Health and Hospitals Corp is a tax-exempt non-profit 501 (c) (3) and one of many organizations within Advocate Aurora Health (which was formed when Advocate Health Care (in Illinois) and Aurora Health (in Wisconsin) merged into one healthcare system (Advocate Aurora Health) in 2018. Based in Downers Grove, Illinois, AAH operates 67 hospitals in six (6) states with more than 1,000 out patient care sites staffed by 150,000 employees.

It is important to note AAH consists of numerous types of organizations including non-profits and for profit organizations. This post addresses the executive compensation at AHHC – one of the largest organizations in the network.

Advocate Health and Hospitals Corp (AHHC) is governed by 12 voting members (directors), 8 of whom are independent;  8 of the 12 (67%) are male while 4 of the 12 (3%) are female. 10 of the directors receive between $8,000 – 7.6 million annually for an average of 1 hour of work per week in the organization and 55 hours a week in other related organizations.

Three key points:

  • The 32 most highly compensated employees received $50 million in compensation in 2022;
  • The most highly compensated employee, James Skogsbergh received more than $8 million in 2022 and $50 million in compensation fro 2017-2022; and
  • The 23 most highly compensated employees received more than $230 million from 2017-2022.

Read more »