UPMC CEO Romoff's salary hits $4.45 million

U.S.A. Pennsylvania

Published

r0b0tafflicti0n

196 Posts

Nice, and I didn't get a raise this year, and tuition got raised by $5000 per year because of the "tough financial times" at UPMC. I'd be happy to make HALF of what he makes in my LIFETIME.

Entitlement. Kills me.

r0b0tafflicti0n

196 Posts

Interestingly enough, we got some big sob story email about how executives would be getting a huge pay cut this year???

oramar

5,758 Posts

Interestingly enough, we got some big sob story email about how executives would be getting a huge pay cut this year???
The article says the poor baby did take a pay cut this year. I am so choaked up, I feel so bad for him.

oramar

5,758 Posts

If they gave him a reasonable salary like 1.2 million and used the rest for help to take care of the patients imagine how care could improve.

Specializes in Flight Nurse, Pedi CICU, IR, Adult CTICU.

I think when you take a city-based hospital, expand it by almost 10 times to provide health care to an entire region, create a global footprint with their services, and take it to a position that consistently ranks in the top 15, then you might have the capacity to demand a little more money.

But if you just visit forums and whine about other people who are movers and shakers, then you might find a rational foundation from which to be heard.

oramar

5,758 Posts

I think when you take a city-based hospital, expand it by almost 10 times to provide health care to an entire region, create a global footprint with their services, and take it to a position that consistently ranks in the top 15, then you might have the capacity to demand a little more money.

But if you just visit forums and whine about other people who are movers and shakers, then you might find a rational foundation from which to be heard.

Yes, I admit it. I am retired, sitting here with my feet up, running my mouth, you got me dead to rights. That doesn't change the fact that me and just about every other person I know thinks that's way to much money for a NON-Profit to be paying anyone. Yes my husband works for USS and the CEO makes even more but they are a corporation that PAYS taxes. As for those foreign involvements, there is a lot of resentment and grumbling among the general population that think those large expenditures lead to cuts at home. Yes they do a lot of good things, that new Children's Hospital is probably the best thing that happened in health care in this area ever, it almost makes up for all the fine hospitals that UPMC made go away. However, even the press wonders what the implication will be for the long run for the near UPMC monopoly in this area.
Specializes in Flight Nurse, Pedi CICU, IR, Adult CTICU.
Yes, I admit it. I am retired, sitting here with my feet up, running my mouth, you got me dead to rights. That doesn't change the fact that me and just about every other person I know thinks that's way to much money for a NON-Profit to be paying anyone. Yes my husband works for USS and the CEO makes even more but they are a corporation that PAYS taxes. As for those foreign involvements, there is a lot of resentment and grumbling among the general population that think those large expenditures lead to cuts at home. Yes they do a lot of good things, that new Children's Hospital is probably the best thing that happened in health care in this area ever, it almost makes up for all the fine hospitals that UPMC made go away. However, even the press wonders what the implication will be for the long run for the near UPMC monopoly in this area.

UPMC is not entirely a non-profit, and they never pretend to be. AND, they pay taxes on their for-profit endeavors. Additionally, they give back millions to the city, i.e. the $100 MILLION for the Pittsburgh Promise.

And the people complaining about Pittsburgh's international presence clearly don't understand what those operations are about; it's not about investing in overseas healthcare, it's about providing services that create revenue for UPMC to provide better care. If people think that their international activity is an "expenditure," then they need to think and review the situation.

And UPMC never made ANY hospital go away. Those health systems were free to do what they wanted, and they CHOSE to align with UPMC...just as likely ensuring the survival of those operations instead of shutting them down.

And who cares what the press thinks; they can't get it right half the time anyway.

Specializes in Trauma, Education.

I think the real 'sting' of this whole thing is, and I'm sure oramar and others can back me up here, is that it is infuriating to be on the end where you are being told you will not get a raise (which is barely 2 percent anyway), the contributions to your 401k are diminished, you have friends who worked for UPMC for 29 yrs who are being laid off only to then watch someone else be hired for the same position at a cheaper rate and pt care is compromised due to staffing, but we can't hire more due to budget cuts AND we're non-profit!!! This isn't anything about not rewarding the movers and shakers or being envious of their success. This is about not biting the hundreds of thousands of hands who feed you that 4.45 million and make all the 'little things' happen!!! You will be hard pressed to find any employee who doesn't feel that way...

K98

453 Posts

Specializes in He who hesitates is probably right....
I think the real 'sting' of this whole thing is, and I'm sure oramar and others can back me up here, is that it is infuriating to be on the end where you are being told you will not get a raise (which is barely 2 percent anyway), the contributions to your 401k are diminished, you have friends who worked for UPMC for 29 yrs who are being laid off only to then watch someone else be hired for the same position at a cheaper rate and pt care is compromised due to staffing, but we can't hire more due to budget cuts AND we're non-profit!!! This isn't anything about not rewarding the movers and shakers or being envious of their success. This is about not biting the hundreds of thousands of hands who feed you that 4.45 million and make all the 'little things' happen!!! You will be hard pressed to find any employee who doesn't feel that way...

That is what you call ruthless efficiency. Don't get in the way of the machine or it will squash you. I'm done with UPMC. I have found WPAHS a little better (but not much).

Amysuenu

48 Posts

Specializes in Med/Surg, School and Correctional.

Wow! That is sickening to know this "fat cat" makes this type of money and employees are losing their jobs left and right as well patient care suffering.

I hope people like him can sleep at night knowing he has put good people out of jobs, including it now trickling down to affect the nursing staff as it did me. I lost my job as a nurse at UPMC Northwest on 5/29!

allnurses Guide

ghillbert, MSN, NP

3,796 Posts

Specializes in CTICU.

because the filing is through june 30, 2008, it does not reflect the financial hit that upmc and other hospitals have taken since the economy took a serious downturn, resulting in a layoff of about 500 of upmc's 50,000 employees.

earlier this year, mr. romoff took a 25 percent reduction in compensation as the region's largest health system looked for ways to cut costs, and other senior executives also took pay cuts.

read more: "upmc ceo romoff's salary hits $4.45 million" - http://www.post-gazette.com/pg/09136/970574-28.stm#ixzz0h66iewib&a

i'll see what his salary was this financial year before commenting. regardless of absolute figures, it is very rare to see a large corporation ceo willingly volunteer to take 25% less. everyone was patting the ceo in boston on the back who met with staff and asked them to take a paycut to save job losses. i know which i'd prefer.

i think a lot of it comes down to the departmental management - they were given budgets and told to make it happen. how they worked it is up to them. some cut excesses and materials, some cut people.

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