It’s a Great Day for Healthcare CEOs!

Congratulations to the CEOs of the healthcare industry! You did it again:

For the third time in four years, chief executives in the healthcare field led the S&P 500 in terms of total compensation. The typical CEO in the industry made $16.1 million last year, which means half earned more than that, and half made less.

Amazing stuff. In a time where people are struggling to pay their premiums and their healthcare bills, somehow these CEOs were able to ignore any sense of guilt or shame and pay themselves even more. Bravo. Bravo.

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Douglas Farrago MD

Douglas Farrago MD is a full-time practicing family doc in Forest, Va. He started Forest Direct Primary Care where he takes no insurance and bills patients a monthly fee. He is board certified in the specialty of Family Practice. He is the inventor of a product called the Knee Saver which is currently in the Baseball Hall of Fame. The Knee Saver and its knock-offs are worn by many major league baseball catchers. He is also the inventor of the CryoHelmet used by athletes for head injuries as well as migraine sufferers. Dr. Farrago is the author of four books, two of which are the top two most popular DPC books. From 2001 – 2011, Dr. Farrago was the editor and creator of the Placebo Journal which ran for 10 full years. Described as the Mad Magazine for doctors, he and the Placebo Journal were featured in the Washington Post, US News and World Report, the AP, and the NY Times. Dr. Farrago is also the editor of the blog Authentic Medicine which was born out of concern about where the direction of healthcare is heading and the belief that the wrong people are in charge. This blog has been going daily for more than 15 years Article about Dr. Farrago in Doximity Email Dr. Farrago – [email protected]

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3 Responses

  1. S T E V E says:

    And we’ve allowed this to happen.
    Now that MDs are employees of these thugs, we can organize and collective bargain leagally.
    Hey, Teamsters Union, come and see us.

  2. Sir Lance-a-lot says:

    Aw c’mon Doug, don’t be so harsh.

    These CEOs work hard, just like the rest of us: Their chauffeurs drop them off every morning at ten, they take a nice two-hour three-martini lunch, return for more work, and their chauffeurs pick them up again at four, whether they’re ready to leave or not.

    I’ve had a banner year as well – I’ve paid myself more by taking extra exam gloves and decks of printer paper – makes me feel like a big shot, too!

    I can’t wait to see what next year holds!

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