Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

CEO bonuses at NY nonprofit hospitals unhealthy?

The Nonprofit Quarterly, November 30, 2011
In the context of rapidly rising health care costs and insurance rates, it is natural that the public would be interested in where their money goes?including with respect to what the CEOs of major health institutions make. In New York, Governor Andrew Cuomo's task force on charity salaries will be taking a careful look at some of the recently reported compensation packages of nonprofit hospitals in 2010.Judy Wessler, head of the New York Commission on Public Health Systems, called the bonuses "inappropriate," but a spokesman for the Greater New York Hospital Association defended the packages, saying, "Hospital CEO compensation reflects their myriad responsibilities, the complexity of running a medical center, and the national market for their talents."