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    Home > Medical News > Latest Medical News > Health care market executive pay exposure: or pharmaceutical companies the most "turkish"

    Health care market executive pay exposure: or pharmaceutical companies the most "turkish"

    • Last Update: 2020-05-13
    • Source: Internet
    • Author: User
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    the health care marketexecutivepaybig exposure: orpharmaceutical companiesthe most "Tuhao"17 hours ago
    Qidoshare:guideI have seen similar data before, at this time, I am eager to know how much the annual salary of executives in various areas of the health care market is much less." For example, which is the salary of a pharmaceutical company executive and the salary of a hospital executive or healthcare IT executive higher?a few weeks ago, the annual salary of a health care company CEO was announced on social media forumsI forgot which forum I saw and which medical company was the CEO, but his annual salary was substantialI've seen similar data before, and at this point, I'm eager to know how much executives in all areas of the healthcare market earn as much as they doFor example, which is the salary of a pharmaceutical company executive and the salary of a hospital executive or healthcare IT executive higher?I tried to find answers online, but there was very little about it So I decided to produce my own report comparing executive salaries in six areas of the healthcare market It found that pharmaceutical companies executives were the highest paid, followed by for-profit hospital system executives, health insurance executives, healthcare IT executives, medical device executives and non-profit health system executives this report may not be very scientific, but at least give us a basic understanding of the salaries of executives in six areas of the healthcare market In this report, we list the salaries of five of the top five companies in each of these six areas, with a total of 30 companies and 150 executives on the list report showed that the highest-value companies, pharmaceutical companies, also had the highest executive salaries At the same time, pharmaceutical companies topped the list of net profit margins Perhaps not limited to the healthcare market, where pharmaceutical companies' net profit margins are likely to be the highest of all industries Apple, for example, has a net profit margin of 21.61 per cent, compared with 22 per cent for Johnson and Johnson, 28 per cent for Merck and 26 per cent for Amgen executive pay comes in second place in the for-profit hospital system, and interestingly, the market capitalisation of companies in the two areas is very different The combined market capitalisation of the five pharmaceutical companies is more than $1 trillion, while the combined market value of the five for-profit hospitals is less than $60 billion executive pay came in third place among health insurance companies 's fourth-highest salary was for healthcare IT executives It should be noted that Epic Sytem, one of the largest companies in the field, has not yet had an IPO and its executive salaries are not available, so it is not included medical device company's executive pay is in fifth place, but the pay gap with the fourth-ranked healthcare IT executive is not obvious It's no surprise that executive pay is in sixth place for the non-profit health-care system It should be noted here that the salaries of executives in the not-for-profit health-care system are derived from data they submitted to regulators in 2013 and should therefore be paid in 2012 overall, the combined annual salaries of these 150 healthcare executives from 30 companies, the top five executives, including CEOs and CFOs, total about $960 million If all the executives of these 30 companies are included, the combined annual salary is believed to exceed $1 billion executive pay is a concern in all industries, including healthcare The report shows that pharmaceutical companies dominate many market indicators, as do executive pay this is also reflected in the recent report of the Milliman Medical Index The Milliman Healthcare Index report focuses on charting the impact of drug pricing on consumer health costs this year, U.S health care spending is likely to exceed $3.2 trillion Based on the current population of 319 million, that equates to more than $10,000 per American spending each year on health care alone Obama's Affordable Care Act has largely reduced the number of uninsured people, but it is the coverage of insurance, not the cost of health care In the past, we've been trying to avoid talking about costs As the election year approaches, it is believed that the issue will continue to be avoided It is not enough to say that health care costs are "unsustainable" because saying it alone will not solve the problem "We don't need to bring 30 million new consumers into the same mess, what we really need is to identify the problems with the current health care system and then improve it," Mark T Bertolini, CEO of Aetna, said in a keynote speech at the HIMSS14 conference "
    I listed 13 outstanding issues in the healthcare market on the Forbes website back in 2011, and unfortunately, four years later, these issues have not improved." Some of the data are exactly the same as they were four years ago, and some have even deteriorated At a time when drug prices are rising significantly and directly affecting the cost of health care for every American, the issue of the salaries of executives at health-care-related companies is worth exploring as part of a discussion about health care costs this article is written by Dan Munro, a writer for Forbes. Collection (
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