Chief executives for the Boston-area’s largest hospitals mostly earned pay packages between $1 million and $3 million in 2010, and several received bonuses for attracting more patients, improving care, or simply by agreeing to take the job.
Several large academic medical centers changed leaders during 2010, making it difficult to compare salaries from prior years. In at least two cases — Boston Children’s Hospital and Tufts Medical Center — hospitals awarded their top executives sizeable increases.
Comments
Thank you for providing the kind of information that needs to be given continuous coverage. Once again, the point here is that the business people behind the scenes in the health care industry are making decisions about the allocation of our health care dollars which are very troubling. This story should receive the same level of attention that the salaries of the Blue Cross Board of directors got last year. People need to remember that these salaries are coming directly out of their premium dollars and co-pay dollars. The blind spot of the ruling class of the business world is to believe that these positions actually merit this level of pay. It is colossal exercise in self-deception which ends up plundering societies resources for the benefit of the few.
I object to the use of the word 'earned' to describe this kind of compensation. No one 'earns' amounts like that. There are a lot of people working just as hard in positions equally, often much more, important, but without the clout over a board of directors that these people have. Instead of 'earned' used 'got' 'was paid' 'took in.' That won't make me like it any more, won't make me think that any of it is fair, but it will be more accurate.
Wow--imagine the decreased infection rate and improved patient care if the chunk of money wasted on a CEO went to providing front line staff.
These salaries are much too high! No wonder why health care costs are out of control. There are probably others with nice cushy paychecks as well.