General Discussion
In reply to the discussion: Robert Reich @RBReich: Partners HealthCare CEO Anne Klibanski, who makes between $2M and $6M [View all]BeckyDem
(8,361 posts)Health Care CEO Who Makes Millions Says No to Hazard Pay for Coronavirus Workers
Thank you for the courage, she tells doctors and nurses.
David Corn
Washington, DC, Bureau ChiefBio
excerpt: We have also heard you are worried about your family, friends, colleagues and patients. But, she declared, we do not calibrate pay and benefits based upon the patients condition and for this reason we do not offer hazard or crisis pay.
In her letter, Klibanski pointed out that Partners HealthCare, which was founded by Massachusetts General Hospital and Brigham and Womens Hospital, does provide its employees with pay and benefits if they cannot work because they have contracted COVID-19 and that the company is providing eight weeks of pay and benefits to employees who are not needed because elective surgeries and other non-urgent procedures have been canceled or deferred. But these measures do not benefit those doctors, nurses, and other hospital workers who are treating coronavirus cases during this hellish pandemic. A week ago, CNN reported that 150 employees at Boston hospitals had tested positive for the coronavirus, with 86 of these cases in Massachusetts General and Brigham and Womens Hospital.
Klibanski doesnt have to worry about hazard pay herself. When she became head of the company last year, it was reported that her base annual salary would be $2 million. But its likely she pockets more than that. Her predecessor received a base salary of $2.3 million in 2017 plus additional compensation of $3.8 million. According to the Boston Business Journal, that year he earned nearly three times as much as every other health system executive in the state.
The letter to the Partners HealthCare employees was signed by the heads of 12 hospitals that are part of the company, including Dr. Peter Slavin, president of of Massachusetts General, and Dr. Elizabeth Nabel, president of Brigham and Womens Hospital. They each earned $2.6 million in total compensation in 2017.
https://www.motherjones.com/politics/2020/04/health-care-ceo-who-makes-millions-says-no-to-hazard-pay-for-coronavirus-workers/
BTW, a third of the total # of employees are doctors and nurses. Over 13 billion in revenue. Nice pile of profits last year too.