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El Camino budgets for big plans

Original post made on Jul 18, 2014

After ending the fiscal year on a high note, El Camino Hospital plans to pour millions more into programs at its Mountain View and Los Gatos hospital facilities for the 2014-15 fiscal year.

Read the full story here Web Link posted Friday, July 18, 2014, 12:43 PM

Comments (4)

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Posted by YourRealName
a resident of Rengstorff Park
on Jul 18, 2014 at 3:56 pm

"... but is somewhat counteracted by the loss of 24 positions from cost-reduction efforts and 46 positions from dialysis units that have closed."

The hospital board also approved a salary increase for CEO Ryba, increasing her base salary to $800,300, up from $755,000, with a "performance incentive" that can boost her pay up to 45 percent. The target performance incentive was set at 30 percent."

Those are a lot of people brushed under the rug! Were the cost reduction efforts made so that an extravagant incentive bonus could be paid out to the CEO? Also a pay boost up to FORTY-FIVE PERCENT is OBSCENE in these times especially when the hospital claims to be conservative in spending after having spent bushels of money under the last administrator's watch.

I wonder how much this CEO will be paid when it comes time to part ways.

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Posted by Maher
a resident of Martens-Carmelita
on Jul 18, 2014 at 5:30 pm

Typical Corporate bottomline analysis of priorities: Exec salaries, increased budgets for programs that are not patient care specific, cut the "driftwood" ie medical staff who provide direct patient care etc etc etc.

Reducing staff to patient need ratios means cutting patient care quality, and they know this very well.
This correlation is well-known well proven in all care facilities.

But under the banner of intelligent planning we get this nonsense.

El Camino Hospital is behaving like the for profit outfit it has become.

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Posted by m
a resident of Monta Loma
on Jul 22, 2014 at 12:54 pm

will some of the surplus go to expand grants for community health programs

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Posted by Steven Nelson
a resident of Cuesta Park
on Jul 22, 2014 at 4:01 pm

CEO compensation aside (what's the MerNews say over $3M ave. for a Bay Area private CEO?)
- The District at least has reasonably transparent finances (though it is still interwined with the non-profit Corp.)- The local elementary school districts directly benefit now, with public health-school nurse positions directly supported by the hospital taxing district. There are various other avenues of supporting local public health that the (public) hospital district now does a reasonable (to good or great) job on.

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