Monday, October 17, 2022

Greed in Healthcare

Corporate greed in healthcare demoralizes providers by hindering their jobs causing people to die unnecessarily or to needlessly suffer. 

Labor is a major expense and so hospital administrations chronically understaff and underpay, as policy - even when they are widely profitable.

Materials and tools needed to care for patients if not a money maker are perpetually in short supply, or nonexistent.

There are almost no direct feedback channels to corporate leaders from the average nurse or provider - purposefully designed that way - giving no real avenue to problem solve in order to improve care or the working environment.

Corporate owned hospital's main administrations are not located locally and thus not really answerable to the community - purposefully so. 

Highly trained and experienced ICU nurses might make $80,000 if lucky. Corporate Healthcare CEO's? - somewhere in the 50 to 700 times that range.

I'd like to see this sort of greed become criminal. These CEO's and their corporations are making this sort of money off of the death and human suffering of their customers and off of our society that subsidizes them. At the least more proper compensation should be enacted for those highly skilled healthcare providers who actually do the work, take the risks, and do the bulk of the suffering.

Here is a list of our top ten offenders, bonuses not included: 

  1. Ascension CEO $59.1 million
  2. Kaiser CEO $29.8 million 
  3. Banner CEO $29.6 million 
  4. Advocate Health CEO, $27.8 million
  5. Memorial Hermann Special Advisor/CEO $27.3 million
  6. Northwestern Memorial COO $15.3 million
  7. Trinity Healthcare CEO $24 million 
  8. HCA Healthcare CEO $20 million 
  9. Ascension Health CEO $13.6 Million 
  10. Common Spirit Health CEO $4.0 million 

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