Audrey Meyers, of The Valley Hospital the Highest Paid Non-Profit hospital CEO in New Jersey?
From the article ; Medical millionaires: The compensation packages of hospital heads are drawing attention by Beth Fitzgerald , Among other notable 2012 paychecks for New Jersey hospital system CEOs:
Such salary figures are not limited to the heads of giant health care systems. All these CEO’s came out as salary winners, تنزيل BetWinner . NJBIZ found the leaders of other well-known hospitals around the state earned similar salaries in 2012.
Audrey Meyers, the CEO of The Valley Hospital in Ridgewood, earned $2.18 million.
Michael Maron, the CEO of Holy Name Medical Center in Teaneck, was paid $1.83 million.
Barry S. Rabner, the CEO of Princeton Healthcare System, received $1.35 million.
John T. Gribbin, the CEO of CentraState Medical Center in Freehold, earned $1.2 million.
Gary S. Horan, the CEO of Trinitas Regional Medical Center in Elizabeth, was paid $1.19 million
Douglas Duchak, the former CEO of Englewood Hospital and Medical Center, made $999,023.
The compensation comes at a time when the Affordable Care Act has the health care industry searching for ways to cut the ever-expanding cost of care.
Industry insiders will point to this idea as a reason for such salaries, saying these leaders are driving the search for such savings — and doing it at a time when some hospitals in the state are on the verge of bankruptcy and in danger of closing.
The salaries of the hospital heads are not unusual for CEOs in New Jersey. In fact, they are far below what others are earning.
The NJBIZ list of the highest-paid CEOs of public companies lists 25 making more than $7 million annually — and 45 making more than $3 million.
The difference, Berger said, is that these salaries were earned at public for-profit companies.
“I have no problem with people becoming millionaires if they’re not working for a tax-subsidized nonprofit,” he said.
Medical millionaires: The compensation packages of hospital heads are drawing attention
By Beth Fitzgerald
March 5, 2014 at 1:02 PM
https://www.njbiz.com/article/20140305/NJBIZ01/140309913/Medical-millionaires:-The-compensation-packages-of-hospital-heads-are-drawing-attention
Turn the screws, Paul.
Tell Audrey that you’re calculating what the projected tax fees will be next year.
The free ride should end now…
According to Time magazine last year, the hospital issue, the reason why hospitals are expanding is to justify thehhighsalarues of the administrators
Just another reason why this latest proposal is a joke.
Being on the board of directors should not be a life job. The hospital has had the same “vision” for over a decade. Many of the current members should step down and make room for new ideas.
Suing the village is a scorched earth plan. They have lost their minds.
No one in this town should participate in any fundraising. Activities by the hospital. They turned on us like rabid dogs and have shown their true selves.
Actually, Garrett at Hackensack has a much higher salary than Audrey. But she is well paid — no doubt about that.
I don’t think Hackensack is not-for-profit; so the hypocrisy is a not as bad.
#6 according to their own website https://www.hackensackumc.org/about/
Founded in 1888 with just 12 beds, HackensackUMC was Bergen County’s first hospital. As we continue to grow and flourish, this nonprofit, teaching and research hospital ….
NONPROFIT
Frankly, we are off topic. The point is Audrey is a highly compensated bully.
Yes I stand corrected – they are both hypocrites
Yes, as I said before, we should as much as possible avoid Valley…all activities and going to Valley.
Pretend it’s not there. I mean, as I said, I personally do not trust them. How they behave.
But I personally, have had some serious health issues in the past that were cleared up in NYC. I tried Valley doctors first, of course. Much closer, why not. But sought second opinions. And those treatments were effective and much simpler.
But hey, my sensibilitiies were sickened by how Drill behaved at planning board meetings. That to me is the face of Valley. And the suing ; it’s outrageous. No rules for Valley. I thought there buying all that land; they were going to spread the hospital among several buildings. But no; don’t you see what they want. They want to compete with Hackensack. Excuse my French; they have nothing to do with health as far as I am concerned. Trust is sooooooo important when seeking medical help. If you don’t trust the institution and the doctors that belong to it; you just won’t heal as well. I don’t trust them. I’m sorry. I am not ordering you guys to stop Valley or there doctors, I am not Valley. I am just expressing myself.
Valley’s non profit status is a joke . After their latest action, our town should stop subsidizing them .
Why the Village of Ridgewood does not ask for a payment in lieu of taxes (PILOT) from Valley, with NO corresponding quid pro quo on their expansion plans, is beyond me. It’s called paying your fair share, and clearly they can afford it. The Council has dropped the ball here in not pushing for this, maybe because they’re afraid Valley will ask for favors ? That’s just wrong. Gwen, who knows Valley, she should be asking for this, and promising NOTHING. If they can afford to pay Audrey $2mn a year, how about a $2 million PILOT just to start ? Time for the Council and the VM to wake up here, Valley is suing you.
#fireAudrey
They should add Audrey to the Ridgewood Finical Advisory Board. I bet she could teach those wiz kids something.
Audrey Meyers for Ridgewood Council. Look what she has accomplished for the hospita. Jl
I believe that Ms Meyers will make a fine addition to the Village Council along with our Mayor and Deputy Mayor. a true “dream team” that will move Ridgewood in the right direction. Please consider it Audrey.
Run Audrey Run.
Where is the Council and VM ? They should be asking for a PILOT, now. Sue us ? Well start paying then. Valley is suing us and they sit mute about it ? Rogers must be thrilled, he’s got years of billable hours left to go in this saga.
Valley and Audrey give a lot back to the Village why do you want to push them into a pilot program. Don’t kill the golden goose #18
I’ve always had good care at Valley and would consider myself a supporter, with the exception of this last large expansion plan.
If they can afford to pay her 2+ mil, they don’t need my contributions so I’ll think twice before including them in the will.
That’s a lot of dough for AM and the other hospital CEOs, no? Valley is alright, except that they didn’t renew the contract of a fantastic cardiologist, Dr. Joseph G. Wiedermann. Big mistake on their part. (No doubt it was a money issue.).
My friends and family will be following Dr. Wiedermann wherever he lands.
If they can pay her this much, then why aren’t they paying property taxes or payments in lieu of taxes in Ridgewood? The Council’s unwillingness/inability to challenge Valley’s “not for profit” status using the Morristown precedent is totally irresponsible and a dereliction of fiduciary duty the Governing body has towards property tax payers in the Village. Very poor effort by the Council members who are apparently too busy with pet projects and parking.
Not Renewing Dr. Joseph Wiedermann’s contract is such a shame. He is the most wonderful Cardiologist! Valley Medical what a huge mistake on your part! Shame on Valley Medical!!!
Valley Hospital acquires practices promising the world and the best care for the patients but limiting time the doctors can spend with patients. I believe Interventional Cardiovascular Associates and Bergen Medical Imaging were ultimately dissolved and Dr. Wiedermann’s contract was not renewed because he refused to let administration tell him how to care for Cardiology patients he has been caring for over 20 yrs. He also refused to be forced to share patients with other Cardiologists that were frankly just mediocre at best. Valley acquired both companies promised the world and systematically dismantled the practice essentially firing everyone one by one..ultimately not renewing Dr. Wiedermann’s contract. They of course put a clause in that Dr. Wiedermann could not practice within a certain radius of Valley leaving all these high risk cardiac patients dangling in the wind. Bravo Valley.
Still no payment in lieu of taxes (PILOT) to Ridgewood for municipal services rendered? Did our Council ever sue Valley for this using the Morristown precedent on “not-for-profit” status?