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That's only 50 students worth of tuition for that year, or 0.3% of tuition brought in that year. While $2.5M is obviously a lot of money, it's a drop in the bu
by KoftaBob 5y ago
That's only 50 students worth of tuition for that year, or 0.3% of tuition brought in that year.
While $2.5M is obviously a lot of money, it's a drop in the bucket in terms of how much the university brought in. For universities and hospitals, it's not the high salaries of a few execs, it's the massive amounts of administrative staff.
For the larger hospital systems, several thousand admin staff making 60-70k+ adds up to waaaaay more than the fat paychecks that a dozen execs make.
It's basically a snowball effect. Execs get bonuses for bringing in more revenue, but it's a non-profit so they have to spend it somewhere, so they expand admin and build facilities, rinse repeat.
- lrem 5y agoNaive question: what if instead admin they would expand actual medical staff?
- tastyfreeze 5y agoThat facility may not need more medical staff. Jobs can always be created for administrative purposes. Have any tasks you dont like doing that you have to do with some regularity? Higher somebody to be in charge of that task.
- lrem 5y agoI'm not familiar with the US hospitals... But pretty much everywhere else I've seen the doctors and nurses being seriously overworked. Is this different on the other side of the pond?
- tastyfreeze 5y agoFrom what I have seen at hospitals in the US the doctors and nurses being overworked doesn't really have anything to do with a shortage of staff. It is more the culture of the business. Hospitals could hire more nurses and doctors and work normal 8 hour shifts. But, a large percentage of medical errors happen at shift changes so there is pressure to have less shift changes.