Magazine reports JCAHO income, executive salaries
Accreditation Connection, November 27, 2006
According to the article in Modern Healthcare, which can only be accessed by paying subscribers, the JCAHO's 2005 Form 990 reveals that the accreditor:
- took in more than $106 million while spending almost $100.8 million (about $92.3 million came from its survey fees)
- paid President Dennis O'Leary total compensation and benefits of $1,972,598 (up from $875,231 in 2004). O'Leary is set to retire at the end of 2007.
- paid Russell Massaro, executive vice president of accreditation and certification operations, $635,857.
The Modern Healthcare article also reports that the JCAHO's consulting and publishing division, Joint Commission Resources Inc., took in almost $40 million in 2005, up from $33.9 million in 2004. Its president and CEO, Karen Timmons, earned $515,285. More information is available in the November 20 issue of the magazine.
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