Executive hospital pay is ridiculous AND the executives are often times just some MBA type without any real value add. How about you chop up their comp between the nurses - would be a start. Nurses are the lifeblood of the hospitals for anyone who has had the unfortunate circumstances of having to spend any time there.
>Executive hospital pay is ridiculous AND the executives are often times just some MBA type without any real value add.
I can agree that executive compensation is exorbitant, but do not agree that "MBA types" (what does that even mean?) have no value add. There's nothing inherent with being in the health care industry that translates directly into administering a (large) business. Why would you think doctors or nurses would be good at that?
The administrative side typically doesn't actually understand the technicality of administrating care and many times are MBA business types who administer a business as if its is commodity without understanding the true nature of the business (from their overconfidence generated from their degree and their lack of understanding the nature of the problems through distillation and non-technical understanding). This MBA culture is similar to tech/prod relationship in tech companies. Thus they provide little value add and get paid unfair amounts for their relative value.
I agree that Doctors and Nurses would likely be poor administrators - however the disparity in income is incomprehensible in healthcare.
