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Good to see a tiny modicum of accountability in our health care system, which works great for everyone except patients. It continues to blow my mind that the big hospitals are all putatively “non-profit” – riiiiiight. They are as non-profit as the NFL – also tax-exempt – which pays its commissioner $64m a year. And then they lobby Congress to shut down normal doctor-owned for-profit hospitals, a process that is now pretty much complete. Nice to see IBJ reporting on this.
The NFL is no longer tax-exempt. https://www.cbssports.com/nfl/news/nfl-ends-tax-exempt-status-after-73-years-3-things-to-know/
Scott C.: Thank you for the correction. Much appreciated.
“This settlement, like those involving other health systems and hospitals, relates to the complex, highly regulated area of physician compensation. Community has consistently prioritized the highest regulatory and ethical standards in all our business processes.” If this is Community’s best effort of adhering to ethical standards, then their board of directors needs to be fired today.
Physicians get bonuses based on production, which means how many tests they order and how many patients they see.
Why are there no criminal charges being brought against those who were behind this scheme? Have those individuals been fired and if not, why not?
How about a guy named Bryan Mills? Probably had nothing to do with this…. CEO of a subsidiary named VEI that built surgery centers that had physician ownership, purchased physician practices, etc and then guess what he ends up being the CEO of the entire network because he had the “relationship” with the physicians…. Wonder why he has/had that relationship. $$$$$$$ And he’s been making millions in salary/bonus the whole time. And hiring a brother-in-law to manage materials/purchasing for the entire network (annual budget millions). I’d start checking financial details on everyone to make sure everything is clean. The Board needs fired and then Bryan.
Perfect Question. They also have a “Foundation” through which they push multiple tasks and projects.
Michael L. This +1000
Such shallow minded thinking from people who know better, but then, maybe not! Why comment if you don’t have the facts? And who, reading this column, believes that our corrupt government will put this money to any good work or cause? The money will likely just go down another sinkhole. So many people reading these articles are just jealous that other people make more compensation than they do. There is nothing wrong with big business or non-profits. They all provide jobs and income to the communities they serve. Get over it!
Yes, peons, shut up and pay inflated health care costs.
Yes Joe – government involvement is never a good thing.
The government never wouldn’t have gotten involved if not for Community’s monopolistic behavior in buying out all these doctors, then tying their compensation to how many tests they can order from other Community facilities.
This from a “non-profit”.
The whole case, just reinforces my belief that the free market will never work in healthcare. We already pay for universal health care. We just don’t get it.
“US spent $4.5 trillion on health care last year, a return to pre-pandemic levels”
“The U.S. government spent more on health care last year than the governments of Germany, the U.K., Italy, Spain, Austria, and France combined spent to provide universal health care coverage to the whole of their population (335 million in total), which is comparable in size to the U.S. population of 331 million.“
https://www.statnews.com/2023/12/19/us-healthcare-costs-government-covers-41-percent-of-total/
Less government, not more. That’s why we’re on this path.
Phillip, for someone taking shots at others for supposedly not having all the facts, you’re sure not doing much other than tossing off tired one liners lacking substance.