Monterey, CA Hospital CEO Pay Not Correlated With Patient Outcome Based On Harvard Study Of Centers For Medicare & Medicaid Services Data
by Richard Kuehn on 10/28/13
Monterey, CA
Hospital CEO Pay Not Correlated With Patient Outcome Based On Harvard
Study Of Centers For Medicare & Medicaid Services Data : View From A Nonprofit Serving Carmel, Carmel Valley, Gonzalez,
Greenfield, King City, Marina, Monterey, Pacific Grove, Pebble Beach, Salinas,
Seaside And Soledad California
The term non-profit is often used to describe
companies doing good for others, staffed by volunteers or workers paid at the
low end of the salary spectrum.
Unfortunately, this isn't always the case. A
recent study found that CEOs at nonprofit hospitals made, on average,
$600,000 per year and some made as much as $3 million per year. The report, which looked at data put out by
the federal Centers for Medicare & Medicaid Services did find that highly
paid CEOs ran hospitals with high patient satisfaction scores. However, they did not get high scores for
patient outcomes. That's
unfortunate. The results of the study
were called "a little disappointing," by Ashish Jha, a health policy
professor of Harvard's School of Public Health.
He said that not holding CEO's accountable for whether patients live or
die within 30 days of treatment "doesn't quite make sense." I agree.
At the end of the day, the ultimate measurement for hospitals should be
how patients fare after treatment compared to other hospitals across the
country.
Please note that this blog reflects my
personal opinion and may or may not reflect the opinion of Hands to Help
Seniors and the individual members comprising the Board of Governors.