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(The following is a paid advertisement.)
Please tell the members of the Illinois legislature which of the following statements are WRONG!
According to the American Hospital Directory not-for-profit University of Chicago Hospitals made a profit (year end 6/30/05) of $96,424,000.
The Pres/CEO of that not-for-profit system received $653,423 in total compensation in 2002. In 2004 that amount had increased to $1,696,636.
Joseph Toomey, the President of not-for-profit Resurrection Health Care received an increase in his total compensation of $1,392,395 in just 12 months. (6/30/02-6/30/03)
According to the American Hospital Directory not-for-profit Resurrection Medical Center in Chicago marks up their actual cost of drugs by 921%
Not-for-profit Advocate Health System in Oak Brook, reported making a profit for 2004 of $143,611,000.
Not-for-profit Wheaton Franciscan Services System reported making a profit in 2004 of $148,259,000.
Not-for-profit Northwestern Memorial Hospital in Chicago now has over $1 BILLION in cash and investments.
Not-for-profit Advocate Health has at least 1.3 BILLION in cash and investments.
You cry poor, but which of these facts are WRONG.
We are the Fairness Foundation. To get more facts about not-for-profit hospitals click on our ad next to this posting.
Stay tuned.
posted by Capitol Fax Blog Advertising Department
Thursday, Mar 2, 06 @ 8:48 am
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