Is DaVita Serious? Scare Tactics and Outrageous Bonuses!

Monday, August 12, 2013 | By Scott | 1 Comment

Have you seen this?  Does DaVita think we are all idiots?  They’re threatening decreasing availability of services because of Medicare Cuts.  They’ve made it really simple for you to register your outrage and give you a checklist to contact Medicare.

Medicare_CutsWe’re glad to see that DaVita is so concerned about your dialysis care, but it seems interesting that they’re thinking of reducing operational expenses.  Why not start by reducing executive bonuses?

According to ModernHealthcare.com:

Kent Thiry, the chairman and CEO for dialysis provider DaVita HealthCare Partners, took home $26.8 million last year even as Medicare moved to a bundled-payment system designed to cut costs. Thiry saw a roughly 50% increase in compensation, largely driven by about $8 million in restricted stock awards and another $1.25 million incentive payout. DaVita, which operates the nation’s largest chain of dialysis clinics, last November acquired HealthCare Partners, a medical group and physician network company. Skip Thurman, a spokesman for DaVita, said in an e-mail that patient outcomes factor into compensation for the company’s chief executive.

http://www.modernhealthcare.com/article/20130511/MAGAZINE/305119990/ceo-jackpot&template=mobile

There are many highly paid execs in the medical industry, but do any of the others in the ModernHealthcare report use threatening scare tactics so they can continue doling out this kind of cash?

1 Comment to Is DaVita Serious? Scare Tactics and Outrageous Bonuses!

  1. August 12, 2013, by Amber B

    I work in one of the davita clinics and this isn’t a scare tactic, if Medicare was to make these cuts the money the clinic would be paid per treatment would be less than what it takes to actually run the patient at full service. Even if Kent was to give up that bonus it wouldn’t even make up for a year worth of loss. Dialysis is expensive and if Medicare was to reduce payout then it would be necessary to cut back in the clinics which is what Davita wants to avoid.

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