tag:blogger.com,1999:blog-9551150.post7974505244164901559..comments2024-03-17T05:36:26.059-04:00Comments on Health Care Renewal: Executive Compensation at Non-Profit Hospitals: Pay for ... Fraud?Roy M. Poses MDhttp://www.blogger.com/profile/00497209843184497847noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-9551150.post-17647966762257695492011-01-12T10:34:16.328-05:002011-01-12T10:34:16.328-05:00Yet these are public institutions that (in many ca...Yet these are public institutions that (in many cases) get tax support. Is there no audit capability regarding use of public funds that may shed light on what goes on behind closed doors?<br /><br />I think that there is an opportunity for a straightforward approach to this from state and federal law enforcement. I also believe that enforcement is a responsibility particularly of the executive Live it or live with itnoreply@blogger.comtag:blogger.com,1999:blog-9551150.post-63911140487923719312011-01-12T10:19:16.209-05:002011-01-12T10:19:16.209-05:00I think that in the first case, the settlement inv...I think that in the first case, the settlement involved some restitution to the hospital system. But I'm not sure that included any "claw-back" of the executive's compensation.<br /><br />I do agree that the board should try to "claw-back" compensation in cases in which in retrospect the executive's performance was much worse than it seemed, and in which the Roy M. Poses MDhttps://www.blogger.com/profile/00497209843184497847noreply@blogger.comtag:blogger.com,1999:blog-9551150.post-89206072266856582692011-01-11T18:07:34.797-05:002011-01-11T18:07:34.797-05:00Shouldn't a board be responsible for trying to...Shouldn't a board be responsible for trying to 'claw back' these payments? What equivalent is there to a stock holder suit in this sort of institution?<br /><br />Structurally, who keeps the board of trustees honest?Live it or live with itnoreply@blogger.com