A look inside a recent deal and the payout for suits far beyond what medical pros are paid . . . Check-it:
"The $2.5 billion hospital system, which merged with St. Louis-based nonprofit BJC Healthcare at the start of 2024, paid one-third more in bonuses and incentives to its top-earning employees in 2023 compared to the previous year. Combined total compensation for those employees, whose salaries are included in the hospital system’s 990 tax filings, was up 27%."
Read more via www.TonysKansasCity.com link . . .
Hospital mergers come with one inevitable: Bigger executive paychecks
A year after St. Luke's joined BJC Healthcare in St. Louis, tax filings show the Kansas City hospital system gave top executives big bonuses and retirement windfalls.
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