CEO pay increasingly tied to patient safety
Patient Safety Monitor Alert, May 9, 2007
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Hospital boards of directors have started to connect CEO bonuses to patient safety performance and improvement, according to a Boston Globe article.
The goal is to make CEOs and executives more involved in increasing patient safety within the hospital. Such incentive systems are commonplace in other industries, such as hotels and food service, according to the article.
An example used in the article shows that Beth Israel Deaconess Medical Center CEO Paul Levy could lose nearly a third of his bonus if he fails to meet patient safety targets.
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