Quote:
Originally Posted by Argie's Wife
Hospitals are top-heavy in administrators - it only makes sense that they recognize potential cost-savings by reorganizing from the top of a department down. This is a common business practice - you just don't think of it being a reality in healthcare.
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Hospitals may be top-heavy in administration, the COO's annual stipends rival COO's of Fortune 500 COO's! They claim they are in line with their piers. I think they are all out of line. Companies COO's are judged on their profit performance and paid accordingly. I just can't see how non-profits COOs justify their salaries when they are losing money!
