Hospitals say $9M CEO pay isn’t a sign they can help Taveras
Rhode Island Hospital's parent company paid its CEO $9.5 million in 2009, but the industry's top lobbyist says that doesn't mean Providence's hospitals can afford to start contributing money to the city budget. "You have to look at the role hospitals play in their community," Ed Quinlan, president of the Hospital Association of Rhode Island, told WPRI.com on Thursday. "Executive compensation is determined by hospital boards based on the financial performance of the hospital, based on the financial stability of the hospital—there's multiple factors."
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