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Mar 29, 2024
3:47
:11
pm
Jay Kay
Political Junky
Even if it’s a nonprofit, it’s competing for talent with for profit companies
Just because u are a nonprofit doesn’t mean you should not be able to retain your talent
This message has been modified
Originally posted on Mar 29, 2024 at 3:47:11pm
Message modified by Jay Kay on Mar 29, 2024 at 3:47:28pm
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Jay Kay
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Josef K
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Jay Kay
Joined
Jan 12, 2011
Last login
Apr 28, 2024
Total posts
30,122 (262 FO)
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Messages
Author
Time
IHC executive comp - going down that rabbit hole is pretty sickening haha
cougfanz
Mar 29, 3:29pm
Seems like if that is what similarly situated execs in other industries are
Jay Kay
Mar 29, 3:36pm
I don't disagree. Being a healthcare administrator is the way to go.
cougfanz
Mar 29, 3:46pm
Because they keep telling the medical professionals that work for IH that
Nakedbootleg
Mar 29, 4:31pm
IHC is a nonprofit that was originally founded by the Church donating assets.
El Presidente
Mar 29, 4:44pm
Totally normal
PickleButton
Mar 29, 3:38pm
Not totally normal when it’s not for profit. It’s a joke designation
homegrown
Mar 29, 3:40pm
yep lets attract subpar talent to mismanage our not for profit....
niqmadu
Mar 29, 3:46pm
Most of this "talent" are community college RNs... at least the vast majority
cougfanz
Mar 29, 3:49pm
RE: Most of this "talent" are community college RNs... at least the vast
Cletus the Fetus
Mar 29, 10:09pm
Even if it’s a nonprofit, it’s competing for talent with for profit companies
Jay Kay
Mar 29, 3:47pm
Some of the education of the executive leadership team - SUPER talented folks
cougfanz
Mar 29, 3:55pm
Yeah, I’m not defending IHC in particular as I’m not familiar with them at all.
Jay Kay
Mar 29, 3:57pm
I was impressed by Mitch getting a degree from Texas Woman's University.
slatecoug
Mar 30, 2:04pm
CEO pay is divorced from performance. It's a joke. And a racket.
Goliath
Mar 31, 8:35am
All non-profit means is you have to spend all your revenue.
2ndTrombone
Mar 29, 3:49pm
And they do that well - on executive salaries.
Eddie
Mar 29, 3:52pm
I know it’s a stupid designation.
homegrown
Mar 29, 4:18pm
That’s not true - they just call accumulated profits “net assets” instead of
Odysseus
Mar 29, 6:10pm
Not how that works
cougfanz
Mar 29, 6:31pm
Mixing capitalism and health care creates some serious problems
Odysseus
Mar 29, 3:42pm
mixing socialism creates more
niqmadu
Mar 29, 3:50pm
I don’t think anyone said socialism was the alternative he implied
conetah
Mar 29, 11:15pm
Does capitalism restrict who can be an owner of a company? Or how much certain
cougfanz
Mar 29, 3:44pm
Yes it does. Like it or not. We are not a socialist country.
PickleButton
Mar 29, 4:47pm
The amount of regulation the government puts on healthcare makes it a mix at
Powerbait DPM
Mar 29, 9:19pm
Oversimplifications for $100 Alex.
conetah
Mar 29, 11:20pm
Crazy to see all the negative reactions to your comment. A quick Google search shows these salaries
Icecat
Mar 29, 5:02pm
lol, the skill set of a decent CEO is not 1/10,000 times as rare as a decent NFL QB
spinner
Mar 29, 5:41pm
I am not an MBA type and I have no idea what makes CEOs so special that they can command $10 million/year.
Icecat
Mar 29, 5:50pm
Short answer: nothing
spinner
Mar 29, 7:23pm
Just check out the Boeing and executive team!
valleus
Mar 30, 2:41pm
I’m not defending the compensation. I think CEOs are paid too much, just like professional athletes.
Icecat
Mar 30, 7:05pm
Except healthcare admin is generally worthless.
EDthoracotomy
Mar 30, 7:56am
I have a friend who is an anesthesiologist at IHC
bocadillotortuga
Mar 29, 3:39pm
The cyber attack thing scam and excuse for bus companies to withhold payments
kotacoug
Mar 29, 3:50pm
That's because they are IH. They no longer care.
Bert609
Mar 29, 4:41pm
This is a crock
SpudNut
Mar 29, 4:57pm
that doesn’t seem legal. As a business owner, I’m expected to pay my employees
Powerbait DPM
Mar 29, 9:21pm
RE: I have a friend who is an anesthesiologist at IHC
JGrandy
Mar 30, 7:17am
That is absolute BS. I work at multiple shops. If they did that I would walk.
EDthoracotomy
Mar 30, 7:58am
My healthcare company has seen a spike of over 100% in our AR b/c of the attack.
P-Widdy
Mar 31, 9:09am
So just don’t pay admin and executives right?
EDthoracotomy
Mar 31, 10:29am
Good to know that $50 aspirin is giving someone a nice Christmas.
777
Mar 29, 3:49pm
Good to know that reverse Christmas bonus they took from everyone’s paychecks
Nakedbootleg
Mar 29, 4:30pm
Affordable care act made it so physicians cannot own hospitals. Study after
Groym
Mar 29, 4:11pm
They charged me a lot of money for nothing
BaseCoug
Mar 29, 4:34pm
Not saying this is your position...
The Chief
Mar 29, 4:36pm
Non-profits have to list their top 10 highest paid employees. Any docs in that group?
SJS
Mar 29, 4:45pm
Not that I saw. In my specialty they won't go above 50% MGMA. I do think they
cougfanz
Mar 29, 5:16pm
Meanwhile nursing staff get paid $25/hr and are told, “Yes we know the pay is
MacsKid
Mar 29, 4:48pm
<< Deleted >>
Mabuhay Coug
Mar 29, 11:30pm
Would love to watch all physicians and RNs just walk out of IHC hospitals.
EDthoracotomy
Mar 30, 8:00am
That’s kind of naive. Corporate healthcare has a lot of docs in a tough spot.
SJS
Mar 30, 9:05am
I get that. Hence why they can be taken advantage of. Physicians have done a
EDthoracotomy
Mar 30, 9:37am
Because physicians are almost completely barred from organizing
SJS
Mar 30, 9:40am
Which is dog crap. We allowed it to get to that point.
EDthoracotomy
Mar 30, 1:35pm
The net profits the last few years have been over a billion each year.
PokeMAN
Mar 29, 5:07pm
Good point. This tax information is pre-inflation too or 2022
cougfanz
Mar 29, 5:34pm
So disgusting. What a cartel. Should be illegal.
Mitty
Mar 29, 5:13pm
What’s the alternative? Please suggest an alternative.
PickleButton
Mar 29, 5:52pm
Haha.. as if executive pay has any correlation whatsoever to “quality” care
cougfanz
Mar 29, 6:32pm
Intermountain Healthcare became known for quality and affordable care through
El Presidente
Mar 29, 6:47pm
They also benefit tremendously by a well educated local demographic that
cougfanz
Mar 29, 6:56pm
Sounds like this deal went about as well as BYU’s deal with the MTN. We seem to be very trusting and get screwed a lot.
Icecat
Mar 29, 8:59pm
Ask anyone who works at IH if they think Marc Harrison was worth what he was
Nakedbootleg
Mar 29, 7:02pm
How bout allowing competition?
homegrown
Mar 29, 7:36pm
I’m not sure if that would have made things better or worse.
cougfanz
Mar 29, 8:24pm
60m taken from sick people to pay for bonuses and vacation homes
conetah
Mar 29, 11:12pm
Nationalizing healthcare would only make things worse.
slatecoug
Mar 30, 2:09pm
Government healthcare would be horrific.
EDthoracotomy
Mar 30, 9:42pm
Lol. “Morally I will never work in healthcare. Also I work in finance”
Flyingdolphin
Mar 30, 9:51pm
lol your finance world created what healthcare currently is.
IGlowInTheDark
Mar 31, 5:04am
That’s why I’ll never work in that industry.
conetah
Mar 31, 7:53am
Finance?
IGlowInTheDark
Mar 31, 8:00am
Worked there at UVRMC 1990-1998 when Dr. Cecil Samuelson was running it
OU Cougar
Mar 30, 5:30am
Biggest tax change needs to be for so called non profits.
Hammer15
Mar 30, 9:55pm
Their recent rebrand was a colossal waste of money & completely unnecessary.
BlooCoug
Mar 31, 9:28am
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