At the top of the list is the head of New York-Presbyterian Hospital Herbert Pardes, MD, who took in a $1.9 million bonus in addition to a $1.7 million salary and nearly $650,000 in “other” compensation in 2010, according to the report.
Meanwhile, Kenneth Davis, MD, president and CEO of Mount Sinai Hospital, received a $1.2 million bonus; Michael Dowling, CEO of the North Shore-LIJ Health System, received $1 million in bonus pay; and Louis Shapiro, president of the Hospital for Special Surgery, received a $1.5 million bonus.
A spokesman for the Greater New York Hospital Association defended the non-profit CEO compensation, which “reflects their myriad responsibilities, the complexity of running a medical center, and the national market for their talents,” according to the report.
Non-profit CEO compensation is expected to be one of the core issues to be examined by a task force formed by New York Gov. Andrew Cuomo.
Related Articles on Non-Profit Compensation:
Survey: 15% of Non-Profit Hospitals Compensate Board Members
CEO Salaries at Largest Non-Profit Hospitals in Montana Range From $249k to $581k
New York Probes Executives’ Paychecks at Non-Profit Hospitals
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
