As Resurrection's resources increase, spending on patient care staff and supplies fails to keep pace.
Revenues at Resurrection Hospitals went up 260% over the last decade with net profits of $134 million.
How have Resurrection hospitals spent that money???
THEY INCREASED SPENDING ON:
↑EXECUTIVE PAY
- Last year Resurrection spent over $30 million on compensation for its highest paid employees and executives. RHC CEO Joseph Toomey's compensation increased 47% from 2005 to 2007, his last full year with RHC.64
↑MARKETING
- Marketing expenditures went up 157% over the last ten years.65
↑CONSTRUCTION
- Resurrection continues to spend money on major contruction projects like the $80 million expansion of Resurrection Medical Center and the 11-story medical office tower planned for Saint Joseph's Lincoln Park campus.66
↓PATIENT CARE STAFF
- Over the past three years Resurrection has decreased the portion of the system's total revenue dedicated to patient care staff by 8%.67
- The number of full-time equivalent employees per occupied bed has declined steadily over the past three years. The decline has been sharpest at West Suburban Medical Center where the number of FTEs per patient was cut by 17% and at Saint Joseph where the number declined by 14% from 2006 to 2008.67
- On average a patient discharged in 2008 received 9 fewer hours of care than a patient who was discharged in 2006.68
- The hospitals that Resurrection identified as leading competitors had an average nurse staffing level that was 50% higher than the average level at Resurrection hospitals.69
↓PATIENT CARE SUPPLIES
- Over the past three years the percentage spent on patient care supplies declined by 12%.70
↓HOUSEKEEPING
- Resurrection Health Care is spending less on keeping their hospitals clean. Resurrection Health Care hospitals cut housekeeping hours an average of nearly 12 percent between 2005 and 2007.71
- Resurrection Health Care hospitals reported that the budget for housekeeping salaries fell an average of nearly 8% between 2005 and 2007.72
