Wednesday, August 17, 2016

Hospital CEO pay rises faster than overall health care spending

Same thing has been happening overall.

By Robert Weisman Globe Staff August 16, 2016

Pay increases for many top Massachusetts hospital executives outpaced the growth of state health spending in 2014, according to new filings with the Internal Revenue Service.

Leading the pack was Elizabeth G. Nabel, president of Brigham and Women’s Hospital in Boston, who drew total compensation of $5.4 million that year, up 119 percent from her $2.5 million pay package in 2013. Most of the increase was attributed to a jump in deferred compensation in 2014, the year she vested in a retirement plan managed by Brigham and Women’s corporate parent, Partners HealthCare.


Overall health care spending in Massachusetts climbed about 4.8 percent in 2014, according to the state Center for Health Information and Analysis. That was above a 3.6 percent target ceiling established in a law passed by the Legislature in 2012.


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