Compensation Issues

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Former CEO of Closed Peninsula Hospital Wants $1.2M in Severance Pay

Robert Levine, the former CEO of the now closed Peninsula Hospital, is seeking more than $1.2 million from the New York City facility in bankruptcy court, according to a New York Daily News report.

Mr. Levine has demanded $800,400 for severance pay and more than $427,000 for termination of his contract, according to the report. He left Peninsula in September 2011 and found work as COO of Flushing (N.Y.) Hospital Medical Center two months later. Peninsula permanently closed April 9.  

While Mr. Levine declined comment on the court filings in the news report, former Peninsula employees expressed outrage and feelings of betrayal as Mr. Levine left in the midst of a financial crisis.

"He ran the hospital into the ground," said Wayne Dodakian, MD, a former hospitalist fellow at Peninsula, in the report. "He should return his salary for the last five years. He was one of the worst things to ever happen to Peninsula."

More Articles on Peninsula Hospital:

Peninsula Hospital's Worsening Financial State Forces Closure
Peninsula Hospital Physician Seeks Injunction to Stop Hospital Closure
Medical Residents Want Peninsula Hospital in NY to Lose Teaching Status


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