Hospital CEO awarded bonus
Last updated 8/6/2020 at 1:22pm
RITZVILLE – East Adams Rural Healthcare board members approved a $20,000 bonus for CEO Corie Fedie, at their July 22 meeting. The amount awarded, on his one-year anniversary with the hospital district, was out of $25,000 possible in the CEO's contract.
Board Chairman John Kragt said Fedie hit all but one of this target goals outlined in his contract.
The first goal, based on net revenue over the past 12 months, earned Fedie $5,000 with net revenue at $1,005,301 from June 2019 - June 2020. A "total margin" bonus of $10,000 was awarded for a 9.05 percent increase over the past year. An "em...