Critical State of Top Wages at Publicly Financed Hospitals

The New York Times wrote Critical State of Top Wages at Publicly Financed Hospitals "At Bronx-Lebanon, a hospital that exists only by the grace and taxed fortunes of the people of New York State, the chief executive was paid $4.8 million in 2007 and $3.6 million in 2008, records show. At NewYork-Presbyterian, a hospital system that receives nearly half a billion dollars annually in public money, the chief executive was paid $9.8 million in 2007 and $2.8 million in 2008."

While this sounds bad, I suspect it's a small percentage of our overall healthcare spending. I'm not saying this shouldn't be fixed, but I'd be surprised if it's a huge expense. Just like tort reform.