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A comment on The Problem of Doctors’ Salaries. Parent comment

Re:The Problem of Doctors’ Salaries by SkyPuncher on Wednesday November 22, 2017 @01:02PM (#15758905)
> Their prize is having some very profitable hospitals, including the second most profitable in the nation (almost $300M / year in profit at one hospital).

Yea, but this is on over $12 billion in revenue. That's less than 2.5% margin.

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Re:The Problem of Doctors’ Salaries by aaavl2821 on Wednesday November 22, 2017 @06:44PM (#15761689)
the article i saw said that the $270M profit was for a single hospital, sutter memorial hospital in sacramento, which does revenue of $3B per a separate article i found.

it is interesting that sutter's overall system-level profit is $370M. i think they have a few other very profitable hospitals as well. they must spend a lot on corporate sg&A and executive salaries (their CEO has a $7-10M salary IIRC)

https://www.forbes.com/sites/brucelee/2016/05/08/very-profit...

https://www.beckershospitalreview.com/lists/100-top-grossing...

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Re:The Problem of Doctors’ Salaries by SkyPuncher on Wednesday November 22, 2017 @08:31PM (#15762128)
Large salaries for the CEO aren't really that surprising. For a non-profit like a hospital, they base CEO salary on comparables in the industry.
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Re:The Problem of Doctors’ Salaries by aaavl2821 on Thursday November 23, 2017 @12:38AM (#15763055)
I think sutters CEO is in the top 3 or so highest paid non profit CEOs, and sutter may be the biggest / second biggest non profit health system in the country, so I don't know that there are many industry comparables

I'd love to see a breakout of corporate g&a vs provider level g&a at sutter vs a set of comparable systems. All that "non-profit" profit has to go somewhere

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