Quote from Daisy_08
Is discussing how much those CEOs make. Mine makes 600000 and we gripe it's too much
It is too much. It's way too much. Every other industry took a big hit in pay scale, doctors took a big hit in payscale, nurses have taking a big hit in payscale, Engineers took a big hit in payscale, Some lawyers took a big hit in payscale. What's this group's problem. It's time to do to the CEO community what has been done in all these other professions- Offer them to lower their salary, if they don't take it, then out they go and find someone who will take the lower salary and do the same job for less money.!!
With CMS only allowing reimbursement for a certain level ofacuity for certain conditions and the insurance companies following suit, I don't see why the CEO is kept around just because they think they can bring more profits into the system. It's not like people come to the hospital because they are planning a Hospital themed vacation. There are certain criteria for a hospital admission- if they don't meet the criteria, they don't get admitted. So maybe alot of these hospitals are cheating the system. Bringing patients into the hopsital for bogus, phoney reasons, documenting it on paper, just to collect money from the insurance companies, after all- they can't mess around with CMS that way, it's called fraud and if found out and convicted, they will never get another drop of CMS money!!
The hospital's funding is limited, very limited. So it doesn't make sense to pay a huge chunk of the revenue to 1 person when that job position is no longer the driving force of inbound money( the CMS and insurance companies are). These CEO's are no longer bringing in any more than a certain amount of money.So why are they paid a King's ransome in salary??