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HCA Healthcare sees profits tripled over 2020 during COVID pandemic
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Pandemic is financial bonanza for HCA
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NH Business Review
Top executives earned 58 times a median employee
May 4, 2021
The average pay of CEOs at publicly traded companies in New Hampshire went down and average worker pay rose during the pandemic, though, in total, executives still were paid more than 58 times the median worker’s salary, according to proxy statements.
That’s a lower ratio than U.S. companies as a whole, CEO -to-worker pay ratio is over 300-1, as well as lower than the 68-1 ratio recorded among New Hampshire public companies in 2019.
For instance, Nashville, Tenn.-based HCA Healthcare, the for-profit hospital chain – which in New Hampshire owns Portsmouth Regional Hospital, Exeter Hospital and Frisbie Memorial Hospital in Rochester – paid its CEO, Samuel N Hazen, $30.4 million, some 556 times the pay of its median worker. It’s too soon to tell nationally how all CEOs have done since the proxies are still coming out, though a recent New York Times article indicate that the pay of a lot of maj
Why does the CEO of a huge U S hospital company make 1,000 times more than an Employee of the Month?
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