Read that CEO Mike Glenn (Jefferson General) has gotten two pay raises based on “you get what you pay for” and “we’re lucky to have him.”
Never had a raise based on the mid range of what my peers in other companies were getting and never a 24 percenter in an inflationary market.
The average of the CEO salaries mentioned in the article comes out to $328,100 (not $350,000) and the average number of beds in these similar hospitals is 42 (not 25 like Jefferson General).
The fact that the hospital is momentarily financially sound would be deserving of a raise but this is a public hospital and should be nonprofit and not by overpaying the CEO rather than lowering costs to the patients it serves.
For example, a colonoscopy with biopsy at Olympic Medical Center, CPT code 45380 with no insurance, costs $3,682, while at Jefferson General, $8,713.
Let me further point out Olympic Medical Center’s CEO is the lowest paid ($211,478) and has the most beds (67) so who’s lucky to have whom?
Gregg Knowles
PORT HADLOCK