New Report Determines Compensation Increase for Home Health Executives

Posted on Tuesday, February 28, 2017 8:47 PM

According to the 2016-2017 Multi-Facility Corporate Compensation Report from Hospital & Healthcare Compensation Service (HCS), executive compensation is going up around the home health industry.

In the 33rd edition of the report, 101 participants were surveyed, including 35 home health companies with revenues above $25 million.

The survey was conducted by HCS calculated the following:
• Total compensation and benefits from long-term care
• Hospitals and home health and hospice participants

The following positions are paid the highest on average:
• Chief Executive Officer
• Top Administrative/Operations Executive
• Chief Operating Officer
• Top Information Systems Executive
• Top Division Executive

The total compensation was determined by the salary and bonus. In addition, the compensation range varied throughout the home health participants, based on revenue and number of sites.

“In larger home health/hospice agencies whose revenue was less than $50 million and the pay was $261,700, compared to $863,763 for those with multiple sites and revenue [above] $250 million,” a press release states.

For the full write-up, please see the February 27, 2017 Home Health Care News article. 

About Corridor

Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!

For additional information, please contact Corridor at 1-866-263-3795.

Go Back

Explore Corridor’s Solutions

Share This Story, Choose Your Platform!