4 ms·
I mean, every hospital director needs at least three vacation homes and two boats right?
by twox2 5y ago
I mean, every hospital director needs at least three vacation homes and two boats right?
- mikeyouse 5y agoWe have this whole additional trillion-dollar industry that other countries don't .. nearly every dollar of our healthcare spending flows through insurance companies who add zero value to actual health care but have hundreds of thousands of employees and hundreds of billions in salary to pay. Health insurers know their time in the crosshairs is coming which is why they're buying up pharmacy groups and providers, to give their offerings a sheen of actual care.
- lotsofpulp 5y agoHealth insurers (better called managed care organizations) are politically locked in. Politicians get to use them as scapegoats, and there is no way voters in the US accept taxpayer funded healthcare. Someone has to be the bad guy and allocate the limited amount of healthcare resources available, and I see no reason why the existing relationship of government makes the rules allocating the care, but MCO implements them and takes the heat would change. Traders also seem to think the same given the gains in MCO market caps. Also, all the MCOs have profit margins of 5% or less, so this game of punting responsibility costs relatively little in the grand scheme of things. At the root of it all is a demand for healthcare that far outstrips supply, and so these obfuscations are useful in making sure certain socioeconomic classes are able to attain a greater share of it than others.
- octaonalocto 5y agoThe average salary of a US hospital director is $125k. https://www.glassdoor.com/Salaries/healthcare-director-salary-SRCH_KO0,19.htm https://www.glassdoor.com/Salaries/healthcare-director-salar...
- twox2 5y agoI don't think kick backs, etc. are usually reported salary.