A New York State task force has requested data from hundreds of non-profit organizations, including hospitals, that detail how much they pay executives and board members, according to news reports.
The information sought by officials will be compiled electronically and may lead to public hearings, a report and proposals for reform. Benjamin Lawsky, superintendent of the Department of Financial Services, has said the city doesn’t want a non-profit entity to become “a virtual pass-through” where state funds are rerouted to pay excessive compensation, according to a New York Times report.
A Crain’s Health Pulse report said Mr. Lawsky “best brace himself to receive data of thousands of hospital employees earning more than $100,000.” According to the report, at least 3,200 employees made more than $100,000 at NewYork-Presbyterian Hospital in 2009, and 1,300 made that amount at Beth Israel Hospital.
The task force is seeking the most recent five years of data from the organizations. It doesn’t have subpoena power, but regulatory agencies involved hold leverage through their ability to cut off financing to groups that fail to comply, according to the New York Times report.
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