Big Payday For Local Hospital Administrators
As hospital officials lobby against a state aid formula they say will force them to make cuts, the state released a report saying 18 high-level hospital employees made more than $1 million a year in salary and fringe benefits in the 2012 fiscal year.
The report, released annually by the state Office of Healthcare Access, noted that Susan Davis, chief executive officer of St. Vincent's Health Services -- which includes St. Vincent's Medical Center, in Bridgeport -- received among the biggest compensation packages, with a $2.4 million in combined salary and benefits. St. Vincent's announced Wednesday that it would be laying off an unspecified number of employees.
Other highly paid administrators include: Marna Borgstrom, CEO of Yale-New Haven Hospital and president of Yale-New Haven Health Services, who received about $2.8 million; Bridgeport Hospital President and CEO William Jennings; Stamford president and CEO Brian Grissler and Greenwich Hospital president; and CEO Frank Corvino all were compensated in the $1 million range. Chris O'Connor, president of the former Hospital of Saint Raphael in New Haven earned a package of about $1.8 million. That hospital merged with Yale-New Haven Hospital last year.
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