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‘An ever-spiraling upward cycle’: nonprofit hospital CEOs paid 8 times more than average worker

The pandemic has brought hospital finances and pay scales to greater attention as burned out healthcare workers call for higher pay after two years of COVID-19, though hospital CEOs have faced scrutiny for years over sky-high compensation. "Today, hospital boards compare the compensation of their CEOs not to other community-based nonprofits but to their for-profit publicly traded hospital CEO peers, who themselves are compared to leaders in the largest industrial and financial companies trading on Wall Street," the researchers said. "Since many boards set CEO salary by obtaining 'comparable' salary data, this becomes an ever-spiraling upward cycle." More

Lown Institute: 7 questions to guide decisions on hospital CEO pay

Amid the experiences of the COVID-19 pandemic, there is an opportunity for boards of nonprofit hospitals to rethink how their CEOs are paid, particularly compared to the staff at their facilities, representatives with the Lown Institute wrote in a Feb. 10 article published in Health Affairs. The Lown Institute, a nonpartisan healthcare think tank, examined the gap between the pay of hospital staff and the CEO, as well as the implications of it. More

After China, Mass General Brigham is hungry to grow back home

MGB's continuing expansion raises questions about the underlying values of nonprofit hospitals. If you’re a hospital with tax-exempt status, “you could be asking, ‘what are you doing locally for the community?‘ ” Saini told me. “Or, you can figure out where there are paying customers and build a clinic.” On one hand, MGB simply embodies the market-driven spirit of American health care: “They have to find revenue, and the revenue is fragmented in terms of geography and social class,” said Saini. More

How Brigham Health helped create a Chinese hospital for elites — and almost nobody came

Brigham is among the worst of more than 3,000 US hospitals in providing community benefits like health education and clinics, according to the Lown Institute, a Needham-based health care think tank.

Nonprofit hospitals like the Brigham, with tax-exempt status, should not be trying to “suck up wealth in other countries to subsidize unaffordable health care here,” said Dr. Vikas Saini, Lown’s president.

Brigham’s Evergrande project, he said, “would probably be the most egregious example of what we have been talking about.”

“This is catering to elites, and the elites didn’t show up,” he said.

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