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Published 2 months ago

Top hospital group Lifespan paid CEO over $3 million in 2021

Summary by Ground News
Rhode Island Hospital parent corporation Lifespan paid nearly $3.2 million to its then-president and CEO in 2021. That was a pay cut compared with Babineau's compensation package in 2020, which totaled $ 3.9 million thanks in part to a $768,000 bonus. After nearly a decade in the job, Babineul stepped down unexpectedly in June 2022. The nonprofit health system posted an operating profit of $89 million during the 2021 fiscal year.

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