Four CEOs of non-profit New York hospitals have received at least $1 million in bonus pay in 2010, according to a New York Post report.
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.
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
Latest articles on Compensation Issues: