PROVIDENCE, R.I. — One Rhode Island lawmaker is pushing to limit executive pay at state hospitals ahead of a proposed merger with Massachusetts’ largest hospital group.
WPRI-TV reports that Senate Majority Leader Michael McCaffrey filed two bills related to hospital compensation last week. One would cap executives’ pay at 110 percent of the average for their peers in the Northeast. The other would prevent top hospital leadership from being awarded financially for supporting a merger.
The Democrat says he is concerned leadership at Care New England will get a “golden parachute” if the planned merger with Partners HealthCare proceeds.
A spokesman for Care New England says they plan to carefully review the proposed bills.
Both bills are awaiting hearings with the Senate Health and Human Services Committee.
Information from: WPRI-TV, http://www.wpri.com