As a follow up to last week's post, here is the video line (see bottom of post) from King 5 TV on the soaring executive pay for Washington Dental Service (WDS) executives and board members all the while the reimbursement for patient care to dentists is cut. Reporter Chris Ingalls left some very important items unasked of Washington Dental Services CEO James Dwyer. Such as:
- How do you justify receiving a 45% pay increase over the past 5 years, and increasing other key employees pay by 32% as the economy has tanked and WDS has held cost increases to dentists down?
- If WDS had "close to ONE BILLION dollars in revenue last year" ($1,000,000,000 or 1,000 millions) how can funding $5 million or .5% of their income to their foundation considered to be a balanced return on their tax free, not-for-profit status?
- Dentists treat patients four days a week (40 hours) and on the 5th day they are taking continuing education courses to provide better care for their patients and taking non-patient time to manage their businesses? Is that working too little?
- How does making close to "close to one billion dollars in revenue last year" and not paying Federal taxes on $13.7 of net income help the residents of Washington State as a "social welfare" non-profit?
http://www.king5.com/news/investigators/Executive-pay-soars-as-one-of-WA-States-largest-non-profits-makes-cuts--150968095.html
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