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Parkland’s Bum Rap on Executive Pay

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Many people, including even Ross Perot, are upset with some of the huge bonuses paid out on Wall Street. But the incentive pay for execs at Parkland Hospital, including CEO Ron Anderson, seems like a different matter entirely. The hospital not only reduced ER wait times, it also improved billing processes and boosted net income. That’s called performance. Why would anyone begrudge these payouts–or salary increases for the rank-and-file–especially since Parkland is struggling valiantly to cope with patients, and social problems, the rest of us would just as soon ignore? (Anderson and Parkland, BTW, are scrutinized in a great story by Charlotte Huff in the new issue of D CEO.)

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