How much compensation is too much compensation?
The American Red Cross is one of the nation's most venerable and largest charitable organizations, founded in 1881, with revenues of $3.5 billion in 2010. That year, Red Cross CEO Gail J. McGovern took home total compensation of $1.04 million. Two executives at Lancaster General Health—CEO and President Tom Beeman and Executive Vice President Jan Bergen—got more. By nonprofit healthcare standards, top LGH officials were paid in line with industry norms. Those norms, say a growing legion of critics, are scandalous.
- Healthcare Leaders Seek Strategic Sweet Spot
- 3 Reasons Wellness Programs Fail
- CMS Issues Health Insurance Exchange Proposed Rules
- Patients Shoulder Nearly 25% of Medical Bills
- ACOs Widespread, Yet Challenged
- MGMA: Physician Compensation Increasingly Based on Quality Measures
- HFMA: Patient Financial Interaction Guidelines Sharpened
- Data Collaborative Taps Predictive Analytics to Coordinate Care
- HFMA: Revenue Cycle, Reimbursements Share the Spotlight
- Evidence-Based Practice and Nursing Research: Avoiding Confusion