Quote:
Originally posted by id10t
One big cause is administrative greed. I worked for an HCA hospital when they were not-for-profit in the early 90s. We used to get good raises, etc. Then Columbia bought them out, went for profit, and it all went to crap. One year, I got a 2% raise on a salary that was barely enough to live on, and the CEO took home 150 million.
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I have seen that nightmare firsthand. No money to put in a badly needed breast cancer unit, but CEO gets multi-million dollar bonus.