… and the Executive Compensation shows it.
{{ While more regulation is not the panacea for U.S. health care, nonprofit boards may need even more help to reprioritize if they cannot do it themselves. There is an argument to put limits on profits for nonprofit organizations. Unlike health insurers, whose administrative costs and profit margins are capped at 15 to 20 percent, nonprofit hospitals have no limits. This could be fixed through legislation by Congress. }}
I keep getting letters requesting charitable donations for a non-profit local hospital group where the CEO makes $13 MM/year. If a Disabled Veterans charity with a CEO making $13 MM/year was rattling the tin cup, the IRS and the Justice Dept would be giving them a colonoscopy.
intercst