CGWC Orlando Injury Attorney Blog

Hospital CEO's Rake In Profits - Monday, May 18, 2009

Despite all the whining about "lawsuit abuse", poor patients unable to pay bills, illegal immigrants clogging up emergency rooms, and insurance companies putting the squeeze on health care businesses, operating a hospital can apparently be a very profitable enterprise. That's especially true in Central Florida. Florida Hospital's CEO made over a million dollars in 2007. The CEO of Florida Hospital's parent company, Adventist Health Systems, made 3.5 million dollars. The CEO of Orlando Health made almost a million dollars. This almost sounds like the horror stories coming from Wall Street. There's something wrong when the CEO of a supposedly non-profit hospital that pays no taxes is making seven figures while the nurses make 15-20 times less. Isn't there?

Labels: Medical Malpractice