For the guy who just opened a $300 bill from Lancaster General Health for five minutes worth of blood work, the six- and seven-figure compensation for top LGH officials may be enough to get that blood boiling.
But LGH’s compensation appears to be in line with industry standards. In fact, you might make a case that Lancaster General President and CEO Tom Beeman is underpaid.
To put LGH compensation in context, Lancaster Newspapers compared it with compensation at five regional hospitals or health systems about the same size as Lancaster General: Wellspan Health, in York County; Pinnacle Health, in Dauphin County; Reading Health, in Berks County; Lehigh Valley Health, in Lehigh County; and the Milton S. Hershey Medical Center, also in Dauphin County.
The figures show that Beeman got less than the top executives at four of the five comparable institutions.
In 2010, Beeman made $1.35 million in total compensation.
Read more: http://lancasteronline.com/article/local/791279_LGH-compensation–Plenty–but-not-out-of-line.html#ixzz2EfKsV6QH