Comment by onlypassingthru

2 days ago

> Hospitals have an operating margin of 2-5%

There's no way a Chairman/CEO would ever reduce the operating margin by just giving themselves and their buddies a raise is there?

4 comments

onlypassingthru

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missedthecue  2 days ago

Are you saying that most hospitals have 50% profit margins, of which 90% are paid to the chairman leaving only a thin margin? That seems difficult to believe.

They may have 4.2% margins knocked down to 4% by exec comp but I don't see that how that fact would change OPs point.

  • onlypassingthru  2 days ago

    I'm saying if you think that administrative expenses (among others) can't be inflated for a profitable company, I would like to run your company and demonstrate what executive compensation can include:

    - Base salary

    - Bonuses

    - Stock options

    - Perquisites (perks) like company cars or private jet usage

    Just to be clear - I like my private jet(s) on call in case I want to get away for the weekend. TYSM