While Hospitals Cut Jobs, CEO Pay Continues To Rise

Ron Shinkman | FierceHealthFinance | June 11, 2013

Although hospitals are cutting jobs and compensation, pay for their chief executive officers continues to rise.

According to the Boston Business Journal, a majority of Massachusetts' hospital systems reported a decline in expenses for compensation and benefits expenses. In northern San Diego County, Palomar Health is cutting 84 jobs, while Tri-City Medical Center is eliminating another 67 positions, the San Diego Union-Tribune reported.

Nationwide, hospital jobs declined by 5,900 last month.

But elsewhere, hospital CEO compensation is rising. [...]