Scrutiny from federal and state regulars, as well as the media, will always surround executive compensation at non-profit hospitals, and there are seven red flags that could ignite the firestorm, according to a webinar from Venable and Guidestar.
The seven red flags revolve around a non-profit hospital board not understanding the proper compensation protocol and include the following:
• Lack of sufficient oversight
• Big compensation figures
• Vague or confusing explanations for pay decisions
• Limited documentation
• Excessive benefits
• Management influence
• Conflicts of interest
The seven red flags revolve around a non-profit hospital board not understanding the proper compensation protocol and include the following:
• Lack of sufficient oversight
• Big compensation figures
• Vague or confusing explanations for pay decisions
• Limited documentation
• Excessive benefits
• Management influence
• Conflicts of interest
More Articles on Non-Profit Hospital Executive Compensation:
4 Points on Intermediate Sanctions and Non-Profit Hospital Compensation
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