Monday, February 27, 2023

Hospital CEOs’ salaries are increasing even faster than we thought. Really!

So what!!! Who was the responsible editor to allow such demagoguery to be published!!!

Who was the purveyor of this junk journalism: Johns Hopkins Bloomberg School of Public Health: Global Health NOW

Perhaps there are many nurses and fewer managers or is this labor union propaganda dressed up as journalism?

What about hospital consolidations? Larger hospitals typically lead to larger pay for the CEO.

What about specialty nurses or specialized nurses in high demand?

I did not read the whole article, but it appears to be a hodgepodge of grievances and a collection ideological narratives! It appears to be based on a "new research out of North Carolina". Just one state??? Only nonprofit hospitals??? The headline is a bit of an extrapolation or worse misleading?

The "new research" is also not really research, but report by the "State Health Plan is to improve the health and health care of North Carolina teachers, state employees, retirees, and their dependents." The report opens with "Nonprofit hospital executives enriched themselves while fueling a crisis of health care affordability in North Carolina. A new analysis of hospital data finds that nonprofit hospital CEOs doubled their paychecks in less than five years — a fraction of the time previously thought. Existing research had gravely underestimated the growth of wage inequity across nonprofit hospitals. ..."

Hospital CEOs’ salaries are increasing even faster than we thought - Vox Some hospital CEOs quadrupled their salaries in a few years while nurses’ pay largely stayed stagnant

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