FORUM HEALTH | Finances
Wellspring Partners and Wellspring Valuation, both of Chicago, consultants hired by Forum to conduct a financial turnaround, were paid a combined $11,059,825 in 2006. The other top paid vendors:
McDermott Will & Emery of Chicago, legal, $1,412,625.
Ghezzi & Associates, Washington, D.C., consultants, $1,012,000 plus $53,816 in expenses.
FTI Consulting, Dallas, Texas, consultants, $822,761.
Compensation paid to employees and former employees:
N. Kristopher Hoce, former president, $968,356 in compensation, $340,606 in benefits and $1,100 in expenses.
Henry Seybold Jr., former chief financial officer, $527,204 in compensation, $183,114 in benefits and $750 for expenses.
Douglas Womer, interim chief financial officer, $410,000 in compensation and $52,796 in expenses.
Robert Sinsheimer, vice president for medical affairs, $328,109.
Jeffery Rexroad, project executive, $275,253.
Roxia Boykin, chief operating officer for Western Reserve Care System, $257,089 in compensation, $7,392 in benefits and $3,558 in expenses.
Kevin Spiegel, chief operating officer of Trumbull Memorial Hospital, $248,143 in compensation, $8,142 in benefits and $438 in expenses.
Source: Forum Health