Study: CEO salaries at nonprofit hospitals jumped 93%

Salaries for chief executives at a nonprofit hospital are up 93%, according to a study in Clinical Orthopaedics and Related Research.

Average inflation-adjusted salaries for CEOs went from $1.6 million in 2005 to $3.1 million in 2015, the most recent statistics available.

Wage increase for others in the system were nowhere close, according to the report. Orthopedic surgeons had a 26% gain while pediatricians’ compensation increased 15% and nurses gained just 3%.

In 2017, 84 of the largest nonprofit systems had total annual revenue and surplus of $535.5 billion and $14.4 billion. That’s a 2.7% operating surplus margin, according to Axios.