If we're blaming Medicaid being unsustainable on nursing homes and rural hospitals existing, can we at least think about maybe bringing the salary of LCMC's CEO into the discussion?
If we're blaming Medicaid being unsustainable on nursing homes and rural hospitals existing, can we at least think about maybe bringing the salary of LCMC's CEO into the discussion?
Attached: 2 images When we talk about why Medicaid is becoming unsustainable due to increasing healthcare costs, why don't we ever hear Republicans or Democrats mention salaries for hospital CEOs? Here are the 2023 salaries for the CEO, President, and CFO of the largest chain of hospitals in Louis...
Honestly CEO pay is rarely that big of an issue when stretched out across all their employees.
The real problem is for-profit enterprises should have nothing to do with medical care.
I see this has a lot of back and forth, but you're right. While ceo wages are high, the largest issue with wealth inequality goes beyond just wages (usually stock/ownership, etc.)
If you look, many CEOs don't get most of their wealth from salary. It's the same reason Trump was "willing" to take a $1 salary for president, the grift is happening elsewhere.
Exactly the grift/graft isn't their pay necessarily.
What do you mean stretched out across all employees?
Lcmc is a "nonprofit" for tax related purposes and the CEO's salary is $2.2M!
The two main hospital chains are oschner and LCMC.
As of a few years ago I remembered the oschner CEO salary being way smaller than lcmc's CEO.
I just double checked and it looks like they had a leadership change 2 years ago and now oschner's CEO makes even more than lcmc's at $3.2M!
https://nonprofitlight.com/la/new-orleans/ochsner-health-system
Not only that, within oschner there are different CEOs across different campuses
https://news.ochsner.org/news-releases/david-callecod-named-ceo-of-ochsner-lsu-health
This is fucking insanity! It's very much a problem. People talking about Medicaid Cuts and more efficiency, but yeah let's have multiple CEOs for the same hospital within the same city.
The Louisiana department of health is blaming Medicaid being too expensive and unsustainable on patients being less healthy over recent years and requiring too much healthcare and doctors not wanting to take Medicaid patients because they get paid less.
Yet LCMC just got rid of several doctors who took Medicaid! Not a whole lot of logic there.
Is it really that people got less healthy over the last two years and required more care? Or is it that oschner changed leadership and tried to go for the corrupt model lcmc was already using and now it's breaking the system.
Hospital expenses are mainly going into the pockets of CEOs that shouldn't exist and this is being blamed on the doctors and patients.
We gotta make cuts, where do we start.
Hmm... Healthcare needs it's CEOs that's a given. No need to keep all those unnecessary doctors and patients around though