Maureen Walsh, the Washington state Republican who thinks nurses are lazy and don’t deserve humane working conditions, got another royal smackdown from a nurse. Maybe there’s a reason nurses are overworked.
Hospital administrators pull down enormous bonuses- and most are not required to be disclosed to the public. Nonclinical healthcare wages- as in hospital administrators- increased 30% over the last decade to $865 billion (Bryant, 2018). Furthermore, salaries for nonprofit CEOs far eclipsed those for nurses. Over the past decade, salaries for hospital CEOs jumped a whopping 93% (Clinical Orthopedics and Related Research 2018). Average salaries for hospital CEOs skyrocketed from $1.6 million in 2005 to $3.1 million in 2015. In fact, salaries for nonclinical workers are a major factor in skyrocketing national healthcare spending. In 2017, 84 of the largest nonprofit hospital systems boasted total annual profits of $14.4 billion — resulting in a 2.7% operating profit margin (Bryant, 2018). Are you telling me that hospitals can’t afford to hire enough staff to allow nurses to get legally mandated breaks? Please, Senator Walsh, show me that math. Sounds like you’re being played by the lobbyists and that you’ve been too lazy to do your own research. Shame on you.
I do have to wonder what those CEOs are doing to earn $3 million salaries. Do they actually work 50 times harder than I, or one of their nurses, do?
I suspect the CEOs are in turn only a small part of the problem. I wonder how much of the money flowing into hospitals is sucked away by insurance companies?