A proposed bill that has already been approved by the New Jersey Senate would require the state's five for-profit hospitals to make financial statements, salaries and benefits of hospital board members and officers available to the public, according to a news report by The Jersey Journal.
The bill has been widely supported by legislators and labor leaders but staunchly opposed by the New Jersey Hospital Association, which says the bill would "dissuade entities from coming to the state to take over failing hospitals," according to the news report.
NJHA Senior Vice President Randy Minniear adds the bill would be union-driven, add more red tape and prove onerous to the affected hospitals. On the other end of the table, union supporters that represent nurses and other healthcare professionals say the bill would create more transparency and give taxpayers insight into how their taxpayer dollars are used.
Read the news report about the proposed legislation to make New Jersey for-profit hospitals' finances public.
Read other coverage about hospital compensation:
- University of Cincinnati's David Stern Sees $900K Severance Package
- New Hampshire AG Starts Review of Non-Profit Hospital CEO Pay
- Kern Health Systems Board Members Split Over Resignation Decisions
The bill has been widely supported by legislators and labor leaders but staunchly opposed by the New Jersey Hospital Association, which says the bill would "dissuade entities from coming to the state to take over failing hospitals," according to the news report.
NJHA Senior Vice President Randy Minniear adds the bill would be union-driven, add more red tape and prove onerous to the affected hospitals. On the other end of the table, union supporters that represent nurses and other healthcare professionals say the bill would create more transparency and give taxpayers insight into how their taxpayer dollars are used.
Read the news report about the proposed legislation to make New Jersey for-profit hospitals' finances public.
Read other coverage about hospital compensation:
- University of Cincinnati's David Stern Sees $900K Severance Package
- New Hampshire AG Starts Review of Non-Profit Hospital CEO Pay
- Kern Health Systems Board Members Split Over Resignation Decisions