Heads Of Largest Children's Hospitals Receive Big Salaries And Rich Benefits - Kaiser Health News:
The pay packages have continued to climb even as the economy has languished and millions of Americans struggle to pay their health care bills. For some, the generous compensation raises questions about the mission of children’s hospitals, which operate as tax-exempt charities.
"Hospital CEOs, including those at children's hospitals, are among the most lavishly compensated executives in the nonprofit field," said Daniel Borochoff, president of the American Institute of Philanthropy, a charity watchdog group based in Chicago.
"These seven-figure CEO pay packages make it hard for nonprofit hospitals to justify their tax-exempt status," he added. "If hospital CEO compensation were more in line with other large nonprofits then there could be more funding for community benefits such as free or discounted health care or important medical research."
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