Health Care Who Is it Good For?

Fortune 500   Top 10 in Health, Overall Rank, CEO Salary 2015

  1. CVS - 10th
  2. McKesson - 11th
  3. United Health Group - 15th  15 million for CEO salary
  4. Amerisource Bergen - 16th
  5. Express Scripts - 22nd      13 million for CEO salary
  6. Cardinal Health - 26th
  7. Walgreens Boots Alliance - 35th
  8. Johnson and Johnson- 25th
  9. Anthem (was Wellpoint) - 38th   14 million
  10. Aetna - 49th  15 m

CEO Salaries

Health care been very good to insurance company CEOs with salaries at 7 to 30 million. Health CEOS lead all industries in salary 5 of 6 years in one ranking and fall behind finance and telecommunication in other rankings.  
 
Isn't it great to see your health care dollars well spent, or your cable payments diverted?

Others by rank

Pfizer
Humana - 10 million CEO salary
Merck - 25 m
Cigna - 15 m
Rite Aid
Gilead Sciences - 19 m
Abbott- 18 m
Community Health Systems - 26 m
Amgen - 14 m
Tenet Healthcare - 18 m
Baxter International - 15 m
Bristol Myers Squibb - 27 m
DaVita HealthCare Partners - 14 m
Wellcare Health Plans - 5 m
Health Net - 13 million CEO Salary
All of these are higher ranked in the Fortune 500 than Facebook (#242)

Mergers and acquisitions have greatly restrained competition, resulting in only a few options for insurance, drugs, pharmacies, and supplies - which drives up costs and profits and CEO salaries and Fortune 500 Rankings.
 
Most states only have 3 - 5 major health insurance players. And they can do what they want by shaping laws and legislators.

But sometimes there is a clash of the Titans as Express Scripts and Anthem lock horns over who profits most.
 

Recent Posts and References

Innovation Incapacitation - We are so focused on innovation that we cannot even take care of the basics

Safety Net Should Sunset and Front Line Access Must Rise - We need a solid foundation for access, not gaps in access and terminology.

Experimental Innovation or Basic Infrastructure? Wouldn't it be nice if we actually funded infrastructure and basics instead of trying to substitute innovation or other distractions?

For Better or For Worse in Quality - More for fewer and less for more - thus continues the new innovative designs - same as the old designs

Are We Moving Away from Achieving Value in Primary Care? - Quality is over 60% about the patient, situations, relationships and has very little to do with clinical intervention - but this does not prevent serious exaggerations of "so-called value."

Time for Quality in Quality Studies - The Best Studies from the best institutions and journals have led the nation astray in quality studies and we continue down this pathway.

Pressures Mount for ACA Reforms or Revisions - It has taken too long for critical voices to be heard about the consequences of experimentation plus change that is too quick, too costly, and impairs access to care. Compromise may be most specific to small practice and small hospital settings and those that they attempt to serve.

IOM Should Learn About Social Determinants Not Preach Them - Too many IOM studies fail basic research design tests and often for failing to understand important influences of health care outcomes - like social determinants and patient situations and relationships.

The Federal Cause of Shortage Areas and Access Barriers - It is the Federal Design for payment that shapes the breadth, depth, and locations of shortage areas. It is about concentrations of Medicaid and Medicare patients with lowest payment for health access by federal design.

The Real Kerfuffle - How much chaos can family physicians stand? Why do family medicine leaders avoid the evidence regarding MOC? 

Wrong Way Mental Health - Exploitation and insufficient access have been tolerated far too long.

Comments

Popular posts from this blog

Basic Health Access Recent Blog Posts

Biomedical Focus is Ruining US

What Is Stunning in Primary Care Is No Change By Design