How COM's are REALLY run...

[drusso]

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Excellent review of the situation at Kansas City University of Medicine and Biosciences,

http://www.hcrenewal.blogspot.com/

The president of this mid-tear DO school was paying herself a salary more than the president of Johns Hopkins. The board of dirctors and the osteopathic community just looked the other way. Enlightening.

 

[Everglide]

She didn't set her own salary. It seems like the real problem was related to the blatant nepotism.

 

[drusso]

Where was COCA or the AOA? Should COM administrators be forced to disclose their total compensation as part of COM accreditation? Here's your tuition dollars hard at work. How many additional 3rd or 4th year rotation sites/teaching preceptors could have been secured with part of her $1.2 million salary?

 

[dozitgetchahi]

Classic case of management gone wrong. And it wasn't just due to nepotism, either:

"For Douglas Dalzell, executive vice president for institutional development, the compensation was $437,000 in fiscal 2008, more than double his pay in 1999. For Richard Hoffine, chief financial officer, it was $616,000, more than triple."

Both of these dudes were making more than Barack Obama.

"Even 'miscellaneous expenses' exploded, according to the university's tax forms: They were about $81,000 in fiscal 2001 and $1.4 million in fiscal 2005, the last year they appear on tax reports."

Simple insanity. It's disgusting that these "administrators" show up from the private sector and then work only to pump up the largesse and perks for themselves. If there's one place where a Wall Street mentality doesn't belong, it's in the management of a health sciences campus.

 

[IDBasco]

Both of these dudes were making more than Barack Obama.

And unlike Obama, they probably actually accomplished something useful.

"Even 'miscellaneous expenses' exploded, according to the university's tax forms: They were about $81,000 in fiscal 2001 and $1.4 million in fiscal 2005, the last year they appear on tax reports."

Without seeing what the actual expenses are, who is to say how much of this is excessive? Move beyond your ingrained hate for all things free market and realize there are a lot of details that are unknown in this situation.

Simple insanity. It's disgusting that these "administrators" show up from the private sector and then work only to pump up the largesse and perks for themselves.

Spare us. Government employees (senators, congreement, etc.) have NEVER done any such thing, right?...🙄 How many private jets was Pelosi requesting again? I forget now...

 

[dozitgetchahi]

^^^ Nobody said that the currently standing members of our government are wise spenders; in fact, government spending is more out of control at this point than it's ever been. And I'm no fan of Obama either - I simply use the president's salary as a yardstick of sorts to measure other salaries against. I also have no hatred of the free market; in fact, I'm a card-carrying, registered, dues-paying, capital-L libertarian who threw away his vote on Bob Barr in 2008.

What I am, however, is a fiscal conservative - and I've seen enough out-of-control spending in both the public and private sectors during the last decade to last me a lifetime. I'm sick of seeing spendthrift largesse and waste in both the government and in the upper echelons of corporate management. What happened during the massive asset bubble of the last decade wasn't "capitalism" in any real sense - it was pure, unmitigated, manic greed and stupidity that proliferated not only on Wall Street but on Main Street and Capitol Hill to boot. And this particular situation looks to be a classic case of self-entitled, incompetent "managers" ripping off a non-profit institution for their own perks and gain, no?

So please...think next time before you open your mouth. You might find there's more to the situation than meets the eye.

 

[IDBasco]

So please...think next time before you open your mouth. You might find there's more to the situation than meets the eye.

You are the one that implicated the "private sector." Your words- not mine.

What else would be left? Oh yeah, the public sector, AKA the government. You were the one that used the broad brush. Don't blame me for that.

 

[JaggerPlate]

And unlike Obama, they probably actually accomplished something useful.

Hahahahahaha!!!

 

[missDO]

Spare us. Government employees (senators, congreement, etc.) have NEVER done any such thing, right?...🙄 How many private jets was Pelosi requesting again? I forget now...

👍

 

[onestopshop]

Medical education has turned into a nice little for profit scam.

 

[Altruist]

Where was COCA or the AOA? Should COM administrators be forced to disclose their total compensation as part of COM accreditation? Here's your tuition dollars hard at work. How many additional 3rd or 4th year rotation sites/teaching preceptors could have been secured with part of her $1.2 million salary?

If your college is a 501(c)3 non-profit, they're required to file tax forms that list the salaries of the board members, as well as the top 5 salaried employees, plus listing how many of their employees make over $50k per year. They're supposed to supply this info to whomever asks. There's a site called guidestar.org that collects these... it's meant to be for people thinking about donating money so they can check out charitable organizations, but it works for this kind of thing, too. You have to register, but it's free.

Anywho, for KCUMB, the latest tax form they have on there is for 2007. The President made $1,195,440; VP of academics made $547,813; VP of finance $615,889; VP of institutional development $437,100; and VP of Institutional Effect (whatever that is) $208,210. The top 5 listed employees are all deans and department chairs who make $200-225k per year. 103 other employees are listed as making >$50k.

Amazing what the interwebs serve up these days, and it's quite the game to look up various schools to see who makes what.

 

[JaggerPlate]

If your college is a 501(c)3 non-profit, they're required to file tax forms that list the salaries of the board members, as well as the top 5 salaried employees, plus listing how many of their employees make over $50k per year. They're supposed to supply this info to whomever asks. There's a site called guidestar.org that collects these... it's meant to be for people thinking about donating money so they can check out charitable organizations, but it works for this kind of thing, too. You have to register, but it's free.

Anywho, for KCUMB, the latest tax form they have on there is for 2007. The President made $1,195,440; VP of academics made $547,813; VP of finance $615,889; VP of institutional development $437,100; and VP of Institutional Effect (whatever that is) $208,210. The top 5 listed employees are all deans and department chairs who make $200-225k per year. 103 other employees are listed as making >$50k.

Amazing what the interwebs serve up these days, and it's quite the game to look up various schools to see who makes what.

1.19 Mil??? We're all getting into the wrong side of medicine ...

 

[okayplayer]

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[dermpathdoc]

heck this aint nuthin new! look at the DMU J.Leonard Azneer debacle from the 80's. The feds had a little look at his art gallery/retreat at the top of academic center.