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Guest Comment: Follow the money in erosion of Bradford's hospital

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25.09.2021

Follow the money.

If there was one suggestion that came across loud and clear at Monday’s town hall meeting concerning the future of our health care, that was it.

“Follow the money,” of course, was the suggestion Deep Throat gave newspaper reporters Woodward and Bernstein as they unraveled the political corruption Americans have come to know as Watergate.

Our grassroots organization, Save Bradford Hospital, has already uncovered some astonishing facts about money as we unpack a complicated history playing out more than a decade:

• Tax forms from Bradford Hospital Foundation show assets of $11,351,713 at the beginning of 2016 and assets of $1,965,582 at the end of the year. That’s $9.4 million off the books.

• At a time when the hospital supposedly was awash in red ink, the former CEO of Upper Allegheny Health System was pulling down roughly $1 million a year in salary while leading both Bradford Regional and Olean General Hospital, and his leadership team another $1.3 million.

Each year. For about a decade.

His salary was among the highest........

© Olean Times Herald


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