Becker's Healthcare April 15, 2024
Healthcare CEO pay has grown over the years, but why?
One reason for this trend could be that hospitals have added more board members from the private sector. According to Lown Institute President Vikas Saini, MD, these individuals are “oriented to the bottom line” and think about hospitals “like a regular business.”
A study published in the Journal of General Internal Medicine found that 44% of the board members of the hospitals that received top rankings from U.S. News & World Report come from the financial sector, while...