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High CEO pay common at Ga. hospitals

September 6, 2011 --

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.

Ex-hospital CEO convicted of Medicaid fraud to fund $6M parachute

Ex-hospital CEO convicted of Medicaid fraud to fund $6M parachute
December 9, 2010 --

Former Thomasville hospital CEO Ken Beverly was convicted of Medicaid fraud on Wednesday, two years after he cashed out with a $6.3 million retirement package. The feds charged Beverly and the hospital’s ex-CFO fabricated records so Archbold could collect more Medicaid money. In doing so, a federal prosecutor said, large pensions were “first and foremost on their minds.”