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Morning Briefing

Summaries of health policy coverage from major news organizations

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Tuesday, Mar 23 2021

Full Issue

Health Care CEOs Hit Pay Dirt In 2020

Axios reports that Sam Hazen of HCA Healthcare made $84 million, four times as much as 2019; David Cordani of Cigna made $79 million, six times as much as 2019; and Dave Ricks of Eli Lilly made $68 million, twice as much as 2019.

Top executives at large health care companies have been registering more money during the 2020 pandemic year than before, new company filings show. The coronavirus upended how and when people sought care, but it didn't change the stock-heavy nature of how the industry's power brokers get paid. (Herman, 3/22)

Health insurer Humana Inc. is looking for a new chief financial officer following the resignation of Brian Kane, who will step down on June 1. Mr. Kane is leaving to pursue other career goals, the Louisville, Ky.-based company said on Monday, without providing additional details. Mr. Kane will serve as an adviser through the end of the year, the company said. He has been Humana鈥檚 CFO since 2014. Humana has begun searching for a new finance chief, the company said. (Broughton and Dabaie, 3/22)

KHN: Under New Cost-Cutting Medicare Rule, Same Surgery, Same Place, Different Bill

A cost-saving change in Medicare launched in the final days of the Trump administration will cut payments to hospitals for some surgical procedures while potentially raising costs and confusion for patients. For years, the Centers for Medicare & Medicaid Services classified 1,740 surgeries and other services so risky for older adults that Medicare would pay for them only when they were admitted to the hospital as inpatients. Under the new rule, the agency is beginning to phase out that requirement and, on Jan. 1, 266 shoulder, spine and other musculoskeletal surgeries were crossed off what鈥檚 called the 鈥渋npatient-only list.鈥 By the end of 2023, the list 鈥 which includes a variety of complicated procedures including brain and heart operations 鈥 is scheduled to be gone. (Jaffe, 3/23)

Also 鈥

A state lawmaker who is also a surgeon has twice tuned into Maryland General Assembly committee meetings from an operating room during a legislative session in which many hearings and votes have been held online because of the coronavirus pandemic. When Del. Terri Hill鈥檚 Zoom account was logged into a March 12 meeting of the House of Delegates Health and Government Operations Committee for about an hour, it showed multiple gowned and masked figures moving about, with sets of operating room lights visible on the screen. (Wood, 3/23)

This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
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