“The tenor and the responsibility of hospital CEOs has now changed ...They focus on the bottom line and.. they get performance ratings based on profitability,”
For profit hospitals are pushed to make even more.
"High labor costs and lower reimbursement from commercial and federal payers are among the factors behind the squeeze."
Anthony Tersigni, president and CEO of Ascension (St. Louis)
Total compensation: $17,565,552
"Despite that headwind, local hospital profits have grown sharply in the past decade. In 2005, D-FW hospitals topped $1 billion in combined net income for the first time. By 2017, they earned a combined $2.54 billion."
"My patients are struggling to afford their healthcare. Many are suffering from bad medical consequences because they cannot afford to get the medical care that they need."