Thursday, April 05, 2012

The Journal News, April 1, 2012, Sunday

The Journal News

April 1, 2012, Sunday

The Journal News (full article)

At Westchester Medical Center, executives get raises, others lose jobs

Cuomo’s order doesn’t prevent nonprofits from paying high salaries, but they won’t be able to use state money such as Medicaid to do it.

“If they simply can’t use state money, then it’s not going to mean much,” said Kevin Hallock, an economics professor with Cornell University’s Institute for Compensation Studies. “Hospitals have so much other revenue from private payers and insurance companies.”