According to a New York Times report, non-profit Bronx-Lebanon paid its CEO $4.8 million in 2007 and $3.6 million in 2008. New-York Presbyterian, which collects nearly half a billion dollars in public funding every year, paid its CEO $9.8 million in 2007 and $2.8 million in 2008.
Proposed legislation would limit New York executive salaries at publicly financed hospitals to $250,000. Under current state policies, the New York Health Department monitors executive salaries but does not regulate them, viewing the decisions as the responsibility of the hospitals’ boards.
Read the New York Times report on hospital CEO salaries.
Read more on compensation:
–Physician Compensation in Academic Settings Increased in 2010
–Average Cardiovascular Tech Salary: How Does Your Compensation Compare?
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