Concerns over hospital executive pay arose again recently when Reynold J. Jennings, WellStar Health System’s new CEO, received a contract with a base salary of $975,000. But that paycheck doesn’t even rank among the top 10 at non-profit hospitals in Georgia. Published reports show 14 other hospital CEOs earning seven-figure compensation.
A federal appeals court has granted a Federal Trade Commission request to temporarily halt the sale of an Albany hospital. In April, the FTC alleged that Phoebe Putney Health System’s purchase of Palmyra Medical Center would raise health care costs and that the deal had been structured to avoid anti-trust scrutiny.