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Keyword: richardmenger

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  • Non-Profit Hospitals Are Making a Killing

    08/03/2019 8:41:36 AM PDT · by gattaca · 53 replies
    FEE ^ | July 26, 2019 | Richard Menger
    The annual cost of health care for the average American family hovers around $20,000. Premiums increase yearly, and this is a primary driver of why real wages for average Americans don’t seem to improve. Meanwhile, the CEO of non-profit Banner Health, based out of Arizona, raked in $21.6 million last year. Nearly half of the CEOs of America’s leading non-profit health systems made more than $2.5 million. Only eight of the 82 executives of non-profit companies earned less than $1 million. These sorts of salaries amid the backdrop of struggling families would make even the most loyal believers in the...