Health care CEO pay

Investment Analysis Clubs Macro Economic Trends and Risks
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This information comes from a STAT Plus e-mail. STAT is an information service targeted toward medical professionals and has a lot of interesting medical news. Written by Rick Berke, Co-founder & Executive Editor.

**For the past several months, a team of reporters, editors, and data specialists at STAT sought to document the fortunes of the top executives at our nation's biggest health care companies.**

**The results, published in a series of six stories today, are stunning: CEOs of roughly 300 companies collectively took home $4.5 billion last year. That is seven times what the CDC had to spend on managing infectious diseases in 2021, a year in which America approached 1 million deaths due to Covid-19.**

**We have published a story on our top-line findings as well as a piece that documents the chasm between executives at health care companies and employees who work on the frontlines.**

Here are the links to those stories.

https://www.statnews.com/2022/07/18/health-care-ceo-compensa…

https://www.statnews.com/2022/07/18/median-pay-for-health-ca…

Wendy

10 Likes
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I’m guessing health lobbyists in Washington DC did well also as they were able to keep the cash flowing in rather than Congress being able to throttle the goose that keeps laying golden eggs.

Jeff

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OrmontUS writes,

I’m guessing health lobbyists in Washington DC did well also as they were able to keep the cash flowing in rather than Congress being able to throttle the goose that keeps laying golden eggs.

It’s a fraction of the rise in Executive Compensation.

https://kiiky.com/wealth/highest-paid-lobbyists/
Top 20 Highest Paid Lobbyists in 2022

#1 Akin Gump et al ($12,460,000)
#2 Brownstein, Hyatt et al ($12,390,000)
#3 BGR Group ($8,300,000):Cornerstone
#4 Government Affairs ($7,750,000)
#5 Holland & Knight ($7,360,000)
#6 Invariant LLC ($6,620,000)
#7 Covington & Burling ($5,590,000)
#8 Squire Patton Boggs ($5,540,000)
#9 Peck Madigan Jones ($5,320,000)
#10 Forbes Tate Partners $5,280,000
#11 Mehlman Castagnetti et al ($5,060,000)
#12 Crossroads Strategies ($5,020,000)
#13 Capitol Counsel ($5,040,000)
#14 K&L Gates ($4,880,000)
#15 Ballard Partners ($4,540,000)
#16 Cassidy & Assoc ($4,280,000)
#17 Thorn Run Partners ($4,240,000)
#18 Sonoran Policy Group ($4,080,000)
#19 Van Scoyoc Assoc ($3,950,000)
#20 Subject Matter ($3,860,000)

Of course, the numbers listed are just the fees for lobbying labor. The actual bribes (i.e., “campaign contributions”) to Members of Congress are many times that.

intercst

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CEOs of roughly 300 companies collectively took home $4.5 billion last year.

Wow, that’s $15,000,000 on average.

Vile, disgusting and very damaging to the US in numerous ways to have these healthcare company leaders taking such a massive payday.