Connecticut Budget Chief: High Hospital Executive Pay "Doesn't Make Any Sense"

Non-profit hospital executive salaries are again under the critical eye of top Connecticut officials, as the state's top budget chief called seven-figure hospital salaries excessive, according to a Journal Inquirer report.

Benjamin Barnes, secretary of Connecticut's Office of Policy and Management since 2011, told the Journal Inquirer he makes $189,000 per year in his position and he lives "a charmed life." He said he didn't understand how top executives at non-profit hospitals in the state could be making salaries in the high six figures and million-dollar range.

"The level of compensation for hospital executives reflects how well the hospitals are doing," Mr. Barnes said in the report. "If these organizations are in fact teetering on the edge as they might have you believe, then why are they paying multiple executives in the high six figures, and in some cases seven-figure salaries? It doesn't make any sense."

Mr. Barnes' criticism of hospital executive compensation follows comments his boss, Gov. Dannel Malloy (D), made in February. Gov. Malloy said hospital executive salaries today were a microcosm of the Wall Street mentality.

More Articles on Hospital Executive Compensation:

Pay Package for HMA CEO Gary Newsome Climbs 17% to $8.3M
CHS CEO Wayne Smith's 2012 Compensation Declines to $17.3M
Universal Health Services Doles Out $11.7M to CEO Alan Miller

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