Wednesday, June 1, 2011

Hospital execs making NBA-style cash--thanks to your tax dollars

From FierceHealthCare:
Although some healthcare professionals are experiencing salary freezes and reduced operating budgets, some healthcare executives are seeing gains.  Heads of Tennessee hospitals witnessed up to a 24 percent jump in their own compensation, including bonuses and benefits, according to data firm Equilar, Inc., reports The Tennessean. For example, HCA CEO Richard M. Bracken saw a 212 percent increase, totaling $38 million last year. Community Health Systems CEO and Chair Wayne T. Smith earned $21 million, and LifePoint Hospitals CEO and Chair William F. Carpenter III earned $8 million.
Click here for the full story.

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