Thread regarding Ascension Health layoffs

"The Ongoing American Scandal"

  • "Nonprofit hospitals are under increasing scrutiny for skimping on charity care, relentlessly pursuing payments from low-income patients, and paying executives massive multi-million-dollar salaries—all while earning tax breaks totaling billions."

https://arstechnica.com/health/2023/10/nonprofit-hospitals-skimp-on-charity-while-ceos-reap-millions-report-finds/

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Post ID: @OP+1pQo3yd5

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Rhode Island:

  • "Rhode Island’s biggest hospital groups continued to pay big salaries to their millionaire chief executives during the second year of the pandemic, according to IRS filings newly obtained by Target 12."
  • "The tax documents reveal that Rhode Island Hospital parent corporation Lifespan paid nearly $3.2 million to its then-president and CEO, Dr. Timothy Babineau, in 2021."

https://www.wpri.com/target-12/top-hospital-group-lifespan-paid-ceo-over-3-million-in-2021/

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Post ID: @jnn+1pQo3yd5

STAT:

  • "Health care CEOs hauled in $4 billion last year as inflation pinched workers, analysis shows."

https://www.statnews.com/2023/08/17/health-ceo-salaries-compensation/

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Post ID: @zrz+1pQo3yd5

Boston Globe:

  • "The CEO of Mass General Brigham topped the scale, earning $5.38 million in 2021."

https://www.bostonglobe.com/2023/08/17/metro/hospital-ceo-pay-millions-2021/

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Post ID: @cpu+1pQo3yd5

Indiana Business Journal chimes in.

  • "How much money should hospital CEOs earn?"
  • "That question is reverberating across the country—from Los Angeles, where voters will decide next spring whether to cap hospital executive pay at $450,000 a year, to Washington, D.C., where a Senate committee just released a report sharply criticizing “massive salaries” at some of the country’s top hospitals."

https://www.ibj.com/articles/rising-hospital-ceo-pay-raises-flags

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Post ID: @qmo+1pQo3yd5

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