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Rising Executive Compensation and Profits at Children's Hospitals Threatens Public Trust
Health Affairs Forefront [Opinion] Sept. 16, 2012 "Freestanding children's hospitals (FCHs) are reporting record profits and paying their executives millions, all while soliciting for community donations. FCHs have an opportunity to be leaders in healthcare by adopting new standards of transparency and new guidelines for executive salaries, while addressing rising costs and aggressively pursuing innovation in patient safety. If they do not enact these reforms, Congress should reconsider the not-for-profit status of these institutions and the large government subsidies they receive. Moreover, FCHs risk damaging the longstanding trust of doctors and hospitals among their donors and communities." |
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