The Massachusetts Nurses Association has launched a new television and radio ad campaign attacking how the state's hospital and health system CEOs spend taxpayer money.
The ad describes the profit made by many Massachusetts hospitals — and that more than 50 percent of it comes from taxpayer-funded government sources. It also highlights hospital CEOs' salaries and suggests the hospitals store money in Cayman Island accounts.
The campaign is part of an effort to get legislators to pass the Hospital Profit Transparency and Fairness Act, a bill that would require hospitals to disclose their profit margins, how much money they hold in offshore accounts and how much they pay their CEOs. If the bill does not pass by July 2, it will appear as a ballot measure in November.
In a statement emailed to the Boston Globe, the Massachusetts Hospital Association called the ad "misleading and irresponsible."
"The advertising does a disservice to those who lead hospitals, to nurses, physicians and others who benefit from the cost efficient use of healthcare resources, and to those interested in responsible public policies," the MHA statement reads.
To view the ad, click here.
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