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Hospital CEOs looking to circumvent Cuomo’s non-profit pay cap
New York Press, January 18, 2012
Gov. Andrew Cuomo's plan to cap nonprofit executive compensation at $200,000 may hit some New York hospital CEOs directly in the pocketbook—unless they can show good reasons for taking home their six- and seven-figure salaries. The cap came out of recommendations from an executive compensation task force Cuomo formed last August, after The New York Times revealed that executives heading the disability service provider Young Adult Institute received more than $1 million per year in Medicaid-funded salaries.
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