The $900 million increase is primarily attributed to transfers from affiliated organizations (about $550 million) and excess revenue over expenses (about $350 million), all of which means NMH made a lot of money from healthcare in 2018. L. Pearce has 7 jobs listed on their profile. Northwestern University main competitors are Stanford University, New York University, and Icahn School of Medicine at Mount Sinai. Based on the company location, we can see that the HQ office of Northwestern Medicine is in WONDER LAKE, IL. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Chicago, IL 60601 Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Dr. Click on the name of the job title you are interested in to view the salary range and total compensation. Board of Directors in NORTHWESTERN CORP Huntley The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The area's third-highest earner is Pam Davis, who retired as CEO of west suburban Edward-Elmhurst Health in 2017 after nearly three decades in the role. Bachelors degree Equal Opportunity Northwestern Medicine is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color Northwestern Memorial Hospital (Chicago) - All proxy statements are public filings made available to the general public by the SEC. Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. This patient-first approach is what sets us apart as a leader in the healthcare industry, Northwestern Memorial HealthCare - You may also find the annual proxy statement by going directly to the company's website. Advocate Aurora's Skogsbergh makes nearly 470 times more than employees currently earning minimum wage in Chicago. NorthShore says CEO pay is "based on many factors, including our ability to consistently deliver high-quality care and excellent outcomes for our patients. NMHC Community Benefits Plan Report Fiscal Year 2020. View L. Pearce McCarty, III MD, MBA'S profile on LinkedIn, the world's largest professional community. At Northwestern Medicine, employees working in engineering jobs and it jobs tend to earn the highest salaries. NORTHWESTERN CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Here is a summary of how the competitors of Northwestern University compare to one another: University of Southern California has the most employees (35,000). Salary information comes from 10 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. You have repeated a common error made in listing groups of people that include some physicians. Amita Health CEO Mark Frey earned $2.8 million, an increase of 22 percent, the year before the hospital network absorbed Presence Health. , Jobs; People on the Move; Reprints & Licensing; . To search for jobs in other locations, fill in the title and locations to begin your search. This is a registered nurse Read more Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. IL. , Here are some companies in the same or similar industry as Northwestern Medicine. See the complete . The employee data is based on information from people who have self-reported their past or current employments at Northwestern Medicine. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. 23,327 employees received $2.1 billion in compensation which equates to an average compensation of $90,000 (compare this to an average compensation of $60,000 at northshore, a chicago-based healthcare provider). Northwestern Medicine pays an average salary of $59,845 and salaries range from a low of $52,766 to a high of $68,442. Medical City CMO: How North Texas Health Systems Can Crush the Opioid Crisis The opioid crisis cost the U.S. economy nearly $1.5 trillion in 2020, a $487 billion increase from 2019. I appreciate this blog and know that gleaning through all the paperwork to distill it down to what is relevant takes time and skill. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Indeed.com estimated this salary based on data from 1 employees, users and past and present job ads. This report is not for commercial use. Woodstock Tons of great salary information on Indeed.com A free copy of the report can be downloaded by clicking on the link above. The Annual Nonprofit Hospital Community Benefits Plan Report is public information and is filed annually with the Illinois Attorney General. Please note that all salary figures are . The data presented on this page does not represent the view of Northwestern Medicine and its employees or that of Zippia. The following is a list of Northwestern Medicine's jobs and salaries. For some reason, no one elses credentials are listed, just the physicians. I would like to point out something, however. Employees at Stanford University earn more than most of . None of the information on this page has been provided or approved by Northwestern Medicine. Dr. Kenneth Polonsky, who leads the University of Chicago Medicine system, in addition to serving as dean of the Pritzker School of Medicine and UChicago's division of biological sciences, also earned $3.3 million, an increase of 45 percent. It would be really messy to start listing everyones credentials, so lets just leave everyones off. Top executives at six of the nine largest Chicago-area nonprofit health systems pocketed substantial raises in 2017, recently released data shows. Northwestern Medicine is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status. The average Northwestern Medical Center salary is $68,952. Total revenue was $5.5 billion, primarily from patient care services. Specifically, NMH paid for country club dues for certain Kishwaukee Health employees (Brad Copple and Kevin Poorten). Dean M Harrison is President/CEO at Northwestern Memorial Healthcare. William Towne, an employee and brother of Patrick Towne, a Director, received $644,468 in compensation for employment. In many cases, pay hikes were driven by bonuses based on performance targets that reflect the broader push for greater efficiency and better patient care. Salary information comes from 1 data point collected directly from employees, users, and past and present job advertisements on Indeed in the past 24 months. Saint Albans, VT. $80,006 / yr. Hospitalist-internal Medicine salaries - 1 salaries reported. The average salary of Northwestern Medicine is $59,845 in the United States. Dean M. Harrison CEO / President Chris Hensley Vice President Connie Falcone President John A. Orsini Senior Vice President and Chief Financial Officer Meg Scanlon NORTHWESTERN CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. At Lurie Children's Hospital of Chicago, for example, executive compensation takes several factors into account, "including safe patient practices, positive patient outcomes, achievement of short- and long-term strategic, operational and financial goals," spokeswoman Julie Pesch says in an email. What makes us better, makes you better. Executive Compensation at Northwestern Memorial HealthCare (Chicago, IL), Julia Creamer: The current year contribution amount is $606,772, Dean Harrison: The current year contribution amount is $1,989,073, Dean Manheimer: The current year contribution amount is$461,393, Peter McCanna: The current year contribution amount is$810,655, $73,806,458: Turner Construction Company of Chicago, IL for construction, $44,618,843: Skender Construction of Chicago, IL for construction, $18,654,203: Deloitte Consulting LLP of Chicago, IL for consulting services, $18,139,947: Lo Destro Construction Company of Chicago, IL for construction, $16,714,009: Medical Staffing Network of Dallas, TX for temporary staffing. Since joining the organization in 1997, he has been an active clinician and leader who now has primary responsibility for Northwestern Medicine. Tax free Childcare fund up to $5K. Pay ranges for the same job title may differ based on the location and the responsibilities, skills, experience, and other requirements for a specific job. Northwestern Memorial Hospital is an academic medical center hospital that is the primary teaching affiliate for Northwestern University Feinberg School of Medicine.The hospital is ranked No. Saint Albans, VT. $241,921 / yr. Our team works Northwestern Medicine - Northwestern Medical Center employees earn an average salary of $68,952 in 2022, with a range from $28,000 to $168,000. The talent chase seems to be benefiting Chicago-area hospital bosses more than others. $38,601 / yr. IL, At Northwestern Medicine, every patient interaction makes a difference in cultivating a positive workplace. Ive been baffled by this convention for my many decades in health care. , Executive compensation at the health system, which is reviewed against high-performing peers and guided by an independent consultant, "is performance-based with a significant portion linked to the achievement of both annual operating and long-term strategic goals including safety, quality, health outcomes and financial performance," Harvey says. Find out the highest paying jobs at Northwestern Medical Center and salaries by location, department, and level. Base salaries for the nine local CEOs rose 24 percent, while average salaries for top hospital executives nationally increased just 3.5 percent, according to the National Health Care Leadership Compensation Survey by Integrated Healthcare Strategies. The information shown here is a reporting of information included in the company's proxy statement. Longtime Lurie CEO Patrick Magoon was the only one of the nine top execs to see a significant pay cut in 2017. Find out what you should be paid at Northwestern Medicine. Skogsbergh's co-CEO, Dr. Nick Turkal, former head of Aurora, got a whopping 187 percent raise to $11.4 million in 2017. NorthShore University HealthSystem Executives, Balyasny Asset Management L.P. Executives, NorthShore University HealthSystem Jobs Near Me, Balyasny Asset Management L.P. Jobs Near Me, Operations Servicing Specialist jobs at Northwestern Medicine, Primary Care Physician jobs at Northwestern Medicine, Respiratory Care Practitioner jobs at Northwestern Medicine, Service Coordinator jobs at Northwestern Medicine, Team Leader jobs at Northwestern Medicine, Ultrasound Technologist jobs at Northwestern Medicine, Applications Analyst jobs at Northwestern Medicine, Clinical Technician jobs at Northwestern Medicine, Customer Service Representative jobs at Northwestern Medicine, Diagnostic Medical Sonographer jobs at Northwestern Medicine, Diagnostic Radiologic Technologist jobs at Northwestern Medicine, Med Technician jobs at Northwestern Medicine, Nurse Practitioner jobs at Northwestern Medicine, Operating Room Technician jobs at Northwestern Medicine. IL. Northwestern Medicine Regional Medical Group (NMRMG) is the premier provider of healthcare services in Chicagos metro area, with more than 700 primary care physicians and specialists. Compare Northwestern Medicine Salaries VS Competitors Add company Northwestern Medicine demographics vs competitors Compare Gender At Northwestern Medicine Vs Competitors Add Company Male Female 100% 75% 50% 25% SunIRef:Nurse:title Staff Nurse Northwestern Medicine 1,076 reviews - Woodstock, IL 60098 Northwestern Medicine 1,076 reviews Read what people are saying about working here. 645 independent contractors received more than $100,000 in compensation. Among Northwestern Medicine competitors, employees at Southern Illinois Healthcare earn the most with an average yearly salary of $82,274. 1-877-812-1590, Northwestern performs first 'heart in a box' transplant in Illinois, Chicago's new class of hospital CEOs takes over at a trying time, Sponsored Content: Why Bestowal Gifts Can Give You Better ROI than Most Business Dinners, Juice: Crain's daily take on power & politics, The Most Powerful Women In Chicago Business. Northwestern Medicine pays an average salary of $46,656 per year, or $22.43 an hour. Even as the 27-hospital network strives to generate savings and improve efficiency, it will bear the costs of two CEOs. He got more than twice as much as Dean Harrison of Northwestern Memorial HealthCare, the second-highest-paid CEO, who collected $5.2 millionup 22 percent from 2016. Executive Summary. Soaring compensation for hospital executives comes amid growing scrutiny of pay disparities in health care. Reviews may also highlight any negative aspects of a company that will help in evaluating it as a prospective employer. Systems Coordinator salaries - 2 salaries reported. What do you think? Lincoln Parks latest $9 million sale is just for the land, Illinois' top lawyer sues to halt Jewel parent's shareholder payout, A modern architectural jewel made of glass and concrete, Say goodbye to this dilapidated remnant of Sheridan Road's heyday. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Northwestern Medicine has 20,000 employees, of which 6 are in a leadership position. Cooks on the lower end of that spectrum, the bottom 10% to be exact, make roughly $26,000 a year, while the top 10% make $39,000. , Bringing up the rear is former Loyola Medicine CEO Larry Goldberg, whose pay remained flat at $1.3 million in 2017. NMH paid for health or social club dues or initiation fees. The five (5) most highly compensated were reported to be: To read the IRS Form 990 (2017 for the year ending August 31, 2018), click here. Company reviews can provide helpful insights into the company culture, working conditions, benefits, compensation, and training opportunities in Northwestern Medicine. The majority of the physicians are also compensated by an unrelated organization Northwestsern University Feinberg School of Medicine through a common paymaster for their academic and research efforts. Rising CEO pay reflects a nationwide "race for really, really good executive talent," as hospitals seek solutions to challenges ranging from lower reimbursement rates to consolidation, says Dan Mayfield, a managing director at Integrated Healthcare Strategies, a unit of Arthur J. Gallagher. Company Description At Northwestern Medicine, every patient interaction makes a difference in cultivating a positive workplace. Salary negotiable on hire if you are hired from an outside organization. . Jim Skogsbergh of Advocate Aurora Health was the highest-paid local CEO for the fifth year in a row, taking home $11.7 million in 2017up 42 percent from the year prior. What are some typical titles and locations for Northwestern Medicine jobs? Based on 1535 salaries Registered Nurse 437 salaries Registered Nurse, BSN 178 salaries View More Administrative Based on 291 salaries Patient Service Representative 103 salaries Administrative Assistant 32 salaries View More Finance & Accounting Based on 251 salaries Patient Access Specialist 68 salaries Patient Access Representative 36 salaries By Dr. Joseph . Northwestern Medicine pays those in the bottom 10 percent $26,000 a year, and the top 10 percent over $82,000. IL, Northwestern Memorial Healthcare - 8 of the 10 most highly compensated employees are male while 2 are female. President and Chief Operating Officer, Northwestern Memorial HealthCare. For its 2021 fiscal year, NORTHWESTERN CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Goldberg led the Maywood-based system for seven years before leaving in 2018 to join Banner Health in Phoenix. His $2.2 million package declined 66 percent from $6.7 million in 2016, when he got. McHenry Headquartered in Chicago, NMH is affiliated with Northwesterns School of Medicine. She earned a total of $3.4 million that yeara 75 percent increase over the year priorprimarily due to a $1.5 million payout from a supplemental executive retirement plan. Pressure to rein in health care costs hasn't reached hospital executive suites, where spending on CEO pay is rising sharply. Northwestern Medicine may also be known as or be related to Northwestern Medicine, Northwestern Memorial Healthcare and Northwestern Memorial Healthcare Corporation. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. See Dean M Harrison's compensation, career history, education, & memberships. Comprehensive IVF coverage. Northwestern Memorial Hospital. $79,792 / yr. Environmental Services Technician salaries - 2 salaries reported. Severance payments were made to the following former employees: NMH has two different non-qualified deferred compensation plans. The 310,000-square-foot . His $2.2 million package declined 66 percent from $6.7 million in 2016, when he got a one-time payment of $4.9 million for 20 years of service as CEO. Patient Rights and Policies. In other words, it is not important that readers know who is a physician and who is not, or at least not more important than knowing who has an MBA and who does not. Click below to see everything we have to offer. Based on our data team's research, Dean M. Harrison is the Northwestern Medicine's CEO. Patient Access Representative salaries - 1 salaries reported. "Our ability to attract and retain top leaders in a complex industry undergoing sweeping change is critical to delivering on our purpose to help others live well and provide the best outcomes for our patients and communities," Chuck Harvey, chairman of the compensation committee of Advocate Aurora's board of directors, says in an email. Here are some other companies that are located close to Northwestern Medicine. , Zippia gives an in-depth look into the details of Northwestern Medicine, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Northwestern Medicine. Saint Albans, VT. $47,429 / yr. Certified Medical Assistant salaries - 1 salaries reported. Select a company name to explore and learn more about other companies across the industry and to compare average salaries with those at Northwestern Medicine. Average Northwestern Medicine Director yearly pay in the United States is approximately $177,514, which is 105% above the national average. Northwestern Medicine is a leader in quality healthcare and service, bringing together faculty, physicians and researchers to support and advance that care through leading-edge treatments and breakthrough discoveries. E-mail oureditor 3,351 employees received more than $100,000 in compensation with the 60 most highly compensated employees listed below (note: many of Longtime Lurie CEO Patrick Magoon was the only one of the nine top execs to see a significant pay cut in 2017. ): 43 of the 60 (72%) most highly compensated employees are male while 17 of the 60 (28%) are female. 9 in the nation according to the U.S. News & World Report Honor Roll of America's Best Hospitals, 2022 - 2023 . Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Rush University System for Health CEO Dr. Larry Goodman, who this year announced his impending retirement, earned $3.3 million, an increase of 18 percent. Northwestern Medicine pays Cooks $32,429 per year on average. Prior to being CEO, Harrison served as Northwestern's president and CEO. Woodstock 3,351 employees received more than $100,000 in compensation with the 60 most highly compensated employees listed below (note: many of the employees listed below are physicians whose compensation listed is for clinical and administrative services provided within the NMH. Suite 3200 Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Northwestern Medicine Founder and CEO in the United States makes about $118,512 per year. Northwestern Medicine pays an average salary of $58,909 and salaries to range from a low of $52,186 to a high of $67,156. 23,327 employees received $2.1 billion in compensation which equates to an average compensation of $90,000 (compare this to an average compensation of $60,000 at NorthShore, a Chicago-based healthcare provider). Skogsbergh isn't the only executive pulling down top dollar at the nation's 10th-largest nonprofit hospital chain, formed in the April 2018 merger of Downers Grove-based Advocate Health Care and Aurora Health Care of Milwaukee. We welcome you to explore careers with Northwestern Medicine. , Northwestern Medicine - Christine E Englehart, an employee and daughter of Erik Englehart, a former officer, received $44,146 for employment. 1 in the Chicago Metro Area and Illinois, as well as No. Employees (Mathew J Flynn and Denise Majeski) of Northwestern Lake Forest Hospital are offered discounted health and fitness club dues at Lake Forest Health and Fitness Institute. Employees vested in Plan A have contributions taxed currently with no deferred component, include: Employees vested in Plan B where the current year contributions are reported as compensation on the W-2 include: The following employees are not vested in the plan so the earned amount (listed below) remains at risk: NMH made a $50,000 loan to Joacquin Brieva, a former director, for retention. Key facts to know about NMH include the following information taken from the Form 990 (2017 for the year ending August 31, 2018): NMH has $7.3 billion in net assets (up from $6.4 billion the year before). All Northwestern Medicine - Medical Information salaries Nursing Advanced Practice Registered Nurse $105,655 per year 2 salaries reported Cardiac Nurse $59,284 per year One salary reported Certified Registered Nurse Anesthetist $170,535 per year 2 salaries reported Charge Nurse $44.00 per hour One salary reported Clinical Nurse $60,000 per year Northwestern Medicine has 20,000 employees, of which 6 are in a leadership position. Compensation also reflects the board's view of the outstanding results executives have delivered amidst a challenging health care environment, as well as a desire to retain talented individuals in a very competitive marketplace," spokesman Jim Anthony says in an email. Sign on bonus. Expenses were $5 billion (not including $230 million in depreciation) with four (4) primary expenses: compensation ($2.1 billion), fees for services ($1.1 billion), medical supplies ($958 billion), and office-related expenses ($374 million). For more information, please contact Kelly Flesch at kflesch@nm.org. This patient-first approach is what sets us apart as a leader in the Northwestern Memorial Hospital (Chicago) - Advocate Aurora in November announced plans to increase minimum wage systemwide to $15 an hour in 2021, four years earlier than a new state law will boost Illinois' to that level. $35,680 / yr. Medical Assistant salaries - 2 salaries reported. Visit PayScale to research Northwestern Medicine salaries, bonuses, reviews, benefits, and more! Depending on the location and local economic conditions, average salaries may differ considerably. Based on our data team's research, Dean M. Harrison is the Northwestern Medicine's CEO. The average salary for Northwestern Medicine employees is $80,956 per year. Average Northwestern Medicine Associate Professor yearly pay in the United States is approximately $184,021, which is 116% above the national average. Still, his 2017 compensation was up 18 percent from 2015 and 27 percent from 2014. Woodstock CEO Pay Ratio For its 2021 fiscal year, NORTHWESTERN CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Cooks make $31,803 per year on average, or $15.29 per hour, in the United States. They may also reveal information or provide tips on interviewing skill requirements, and other factors that could help when applying for a position at that company. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Hailey Orsini, an employee and daughter of John Orsini, a Director, received $66, 675 for employment. The average salary of Northwestern Medicine jobs will vary according to location, department, and job description. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Their average pay hike was 37 percent, easily outpacing national trends. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Be the first to submit Northwestern Medicine reviews, Triage RN - Behavioral Health Physican Practice Woodstock, Full-time, Days, Staff Nurse- Huntley Medical Surgical Pediatrics, Full-Time, Days, $2,000 Sign-On Bonus, Staff Nurse- Woodstock Emergency Services - Full-Time Days $2,000 Sign-On Bonus, Triage Nurse - Cardiology McHenry/Huntley, Full-time, Days, Access Team Lead - Emergency Registration, Full-time, Evenings, Accountant - General Accounting, Full-time, Days, Accounts Payable Analyst - Full-Time, Days, Analytics Developer - Value Based Care (VBC) - Full-time Days, Application Analyst Associate - Lab IS - Full-Time, Days, Application Analyst Associate - Outpatient and Epic Ancillary - Full-time Days, Financial Clearance Specialist - Outpatient Authorizations - Full-time Days, Manager-Workforce Health & Safety, Full-Time, Days. The average Northwestern Medicine hourly pay ranges from approximately $17 per hour for a Security Officer to $106 per hour for a Physician. Northwestern Medicine operates 11 hospitals and employs 33,000 . Mark Neaman, who stepped down as CEO after nearly 26 years at the helm of NorthShore University HealthSystem, earned $2.5 million in 2017 and the year prior. This is 1% more than the national average salary for Cooks. For its 2021 fiscal year, NORTHWESTERN CORP, listed the following board members on its annual proxy statement to the SEC. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). For my many decades in health care costs has n't reached Hospital suites. And Northwestern Memorial Hospital 79,792 / yr. Certified Medical Assistant salaries - 2 salaries reported with the SEC in Def! Of the Report can be downloaded by clicking on the location and local economic conditions average. 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