Incentivizing Billing, Not Care or Integrity
The Chief Executive Officers of 70 of the largest U.S. health care companies cumulatively earned $9.8 billion in the seven years since the Affordable Care Act was passed, with health care CEOs taking home nearly 11% more money on average every year since 2010 — far outstripping the wage growth of nearly all Americans. The average annual salary of the top 70 CEO’s was $20 million a year.
Why does this matter in the context of fraud-fighting? Simple: The pay packages of health care CEOs incentivize billing and don’t incentive cost control or integrity.
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