Summary
One issue contributing to the rise of healthcare costs is the exorbitant salaries paid to CEOs that do not in any way reflect quality of care, patient outcomes, or community benefits. this legislation would require hospitals receiving public money to disclose financial assets, and assess fees on publicly funded hospitals that compensate executives more than 100 times more than other employees. These fees will fund a Medicaid Reimbursement Enhancement Fund, which will increase MEdicaid reimbursements to eligible hospitals.