Administrators make big bucks




“Top administrators at U.S. hospitals are paid extremely well. CEOs make $400,000 to $500,000 a year, not including benefits like stock options. Administrative expenses eat up as much as 25 percent of total hospital expenses we pay for—much higher than in other countries.” —Cathy Schoen, executive director of the Council of Economic Advisors at the Commonwealth Fund, a foundation that focuses on health care