A compensation history for the past and present CEO's of Marion General Hospital

[CEO EXCESSIVE SALARY]

A compensation history for the past and present CEO's of Marion General Hospital.

That would be not-for-profit Marion General Hospital, which describes itself as "a 150 bed, acute care, rural hospital located in Marion Indiana.

According to their 990, in 2003 Albert Knauss, the President of this hospital received $363,045 in total compensation.

In 2004, listed as retired President, Albert Knauss received $771,410 in total compensation.

Also in 2004, new President David Callecod received $239,317 in total compensation.

In 2005 that amount increased to $337,176.

In 2006, President Callecod received $399,063 in total compensation.

And thanks to a just posted year end 6/30/07 990 Federal Tax Form, we can tell you for that year his total compensation jumped to $571,437.

This is OUTRAGEOUS!

Makes us wonder how much Pat Fox makes at Riverview. But, we'll probably never know, because Riverview does not file a 990. The Board of Trustees has apparently found a loophole in the law that allows them to not have to file a 990. So, we don't get to see the truth about the county hospital in Hamilton County, Indiana.

We do know that the hospital is paying more than $75,000 per month for the services of an interim CFO and interim Controller. Good luck qualifying for charity at Riverview, since all the money is being spent on excessive CEO compensation and on the services of unnecessary interim consultants.

[MORE EXCESSIVE COMP]

The total compensation for the CFO of Marion General Hospital.

On Tuesday, I reported on the compensation history for both the past and present CEO's of not-for-profit Marion General Hospital in Marion Indiana.

In 2005, Paul Usher the CFO of this not-for-profit hospital received $214,756 in total compensation.

In 2006 that amount increased to $268,166.

And according to that just posted 990 Federal Tax Form for year end 6/30/07 we can tell you that that year, he received $673,840 in total compensation.

That was more than $100,000 more than the CEO received during that same period.

This is OUTRAGEOUS!

Makes us wonder how much Pat Fox makes at Riverview. But, we'll probably never know, because Riverview does not file a 990. So, we don't get to see the truth about the county hospital in Hamilton County, Indiana.

We do know that the hospital is paying more than $75,000 per month for the services of an interim CFO and interim Controller. Good luck qualifying for charity at Riverview, since all the money is being spent on excessive CEO compensation and on the services of unnecessary interim consultants.

[Greed is Good]

Greed is good. I'm sure these individuals are highly regarded in their communities. I'm sure they fully deserve the rich compensation packages that they receive, managing non-profit hospitals.

Now I understand why my hospital bills are so high.

I'm sure these guys are making ends meet OK ... but us poor guys working our butts off are struggling to get by. Hopethey feel good about themselves.

[VOTE FOR HILLARY]

Hillary will fix this kind of garbage with a new national healthcare system. I like her plan.

These CEOs make way too much money and the little guy is struggling to make ends meet, all we get is more and more hospital bills that we can't afford.

Aren't hospitals supposed to provide some charity care for people like us who can't afford our bills? what are we supposed to do?

[Data not emotion]

RE: Pat Fox comment...Hey clueless, she's a County employee and as such her compensation is public record - been published several times. Give Hamilton County offices a buzz and they can help you out.

In terms of charity care, most County/not for profit hospitals struggle with an abundance of charity care & associate low income health programs - often 10-25% of their total operating costs. It's a big burden (sometimes)subsidized by those of us with health insurance.

Get with the facts - they may surprise as well as inform you.

[No emotion no data]

Data not emotion wrote:

RE: Pat Fox comment...Hey clueless, she's a County employee and as such her compensation is public record - been published several times. Give Hamilton County offices a buzz and they can help you out.
In terms of charity care, most County/not for profit hospitals struggle with an abundance of charity care & associate low income health programs - often 10-25% of their total operating costs. It's a big burden (sometimes)subsidized by those of us with health insurance.
Get with the facts - they may surprise as well as inform you.

The employees at Riverview Hospital are not county employees. They are employees of the hospital, that is owned by Riverview. Big difference.

We'd like to "get with the facts" ... but Riverview does not file a 990, which is required for non-profit hospitals. So, they appear to be hiding something. High exceutive salaries? Little charity care? Who knows, because the hospital does not file these forms.

[Discuss]

No emotion no data wrote:

<quoted text>
The employees at Riverview Hospital are not county employees. They are employees of the hospital, that is owned by Riverview. Big difference.
.

That is true that Riverview employees are hospital employees. But Pat, as CEO, is a county employee. Like the other poster said - if you are so big in doing your homework, call the county and find out. Or better yet, call Pat Fox. My guess is she'll tell you.
Regarding charity care, at a Chamber presentation last year, it was reported that since 2000, I think, the amount of charity care provided at Riverview has doubled nearly every year.
County hospitals are not required to file 990's, but I bet if you call and ask, you would get an answer as to what % of revenue went to community benefit activities.
Unless, of course, you just want to sit here and grind your axe.

[Lighten Up]

This guy runs a website - wherethemoneygoes.com . The site is all about abusive compensation at non-profit hospials and the lack, or perceived lack, of charity care being provided. Now he's into posting his comments on public forums like this. Don't get too worked up about it, but I'd suggest being prepared for the possibility of people asking such questions as there is more and more scrutiny in healthcare lately.

We all know Riverview is a great hospital. I guess you should just hope that this guy's website doesn't single out riverview any time soon.

peace

[NonProfit Hospital Critic]

Profits at not-for-profit Community Hospital in Indianapolis:
According to their audited financial statements, for year end 12/31/06, they reported making a profit of $74,795,000.
And for year end 12/31/07, profits came in at $75,503,000.
Not too bad for a NON-PROFIT organization.
Wonder how much their CEO is pulling down in excessive compensation...

[Informed Consumer]

If you have such an issue about it, go back to school, get an MHA or MBA, work your butt off for 20 years and you can be a CEO as well. If you feel that you are up to 24/7/365 responsibility and accountability of a $150M budget, with physician employees that make twice your salary, then you are free to criticize the folks you have targeted. Get a life, or more importantly, get a job!

[Lighten Up]

Informed Consumer wrote:

If you have such an issue about it, go back to school, get an MHA or MBA, work your butt off for 20 years and you can be a CEO as well. If you feel that you are up to 24/7/365 responsibility and accountability of a $150M budget, with physician employees that make twice your salary, then you are free to criticize the folks you have targeted. Get a life, or more importantly, get a job!

Don't get too worked up!

This guy runs a website - wherethemoneygoes.com . The site is all about "abusive compensation" at non-profit hospials and the lack, or perceived lack, of charity care being provided. Now he's into posting his comments on public forums like this. Don't get too worked up about it, but I'd suggest hospitals be prepared for the possibility of people asking such questions as there is more and more scrutiny in healthcare lately.

We all know Riverview is a great hospital. I guess you should just hope that this guy's website doesn't single out Riverview any time soon. He usually seems to go after the bigger systems, so Riverview probably doesn't have too much to worry about.

peace