While Hospitals Cut Jobs, CEO Pay Continues To Rise

Although hospitals are cutting jobs and compensation, pay for their chief executive officers continues to rise.

According to the Boston Business Journal, a majority of Massachusetts' hospital systems reported a decline in expenses for compensation and benefits expenses. In northern San Diego County, Palomar Health is cutting 84 jobs, while Tri-City Medical Center is eliminating another 67 positions, the San Diego Union-Tribune reported.

Nationwide, hospital jobs declined by 5,900 last month.

But elsewhere, hospital CEO compensation is rising. [...]