Davita Inc. (DVA) Chairman & Chief Exec. Officer Kent J Thiry sells 42,524 Share

[Meinuk]

That is $3,540,973.40 that he earned this week.  (If I did my math right....) This is in addition to his annual cash salary (last year $1,090,385.00) http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=209979&ticker=DVA:US

Ok, to recap since December 2009 http://ihatedialysis.com/forum/index.php?topic=21118.0 :

http://www.gurufocus.com/InsiderBuy.php?insider=THIRY+KENT+J

2011-03-08      Sell      42524   x  $83.27     = $3,540,973.40             
2011-02-18      Sell      40938   x  $79.55     = $3,256,617.90
2010-11-29      Sell      69996   x  $72.68     = $5,066,310.40

Ok, that is $11,863,901.00 since 11/29/2010 in for profit dialysis! Whoo hoo there is money in dialysis.

http://www.gurufocus.com/news.php?id=125344

Davita Inc. has a market cap of $7.9 billion; its shares were traded at around $82.32 with a P/E ratio of 18.7 and P/S ratio of 1.2. Davita Inc. had an annual average earning growth of 23.5% over the past 10 years. GuruFocus rated Davita Inc. the business predictability rank of 4-star.

Directors and Officers Recent Trades:

Sell: COO Dennis Kogod sold 19,103 shares of DVA stock on 02/25/2011 at the average price of 78.13. Dennis Kogod owns at least 37,500 shares after this. The price of the stock has increased by 5.36% since.
Sell: Chief Medical Officer Allen Nissenson sold 1,103 shares of DVA stock on 02/25/2011 at the average price of 78.5. Allen Nissenson owns at least 925 shares after this. The price of the stock has increased by 4.87% since.
Sell: VP, Gen. Counsel & Secretary Kim M Rivera sold 1,784 shares of DVA stock on 02/18/2011 at the average price of 79.96. Kim M Rivera owns at least 5,000 shares after this. The price of the stock has increased by 2.95% since.
Sell: Vice President Leanne M Zumwalt sold 6,859 shares of DVA stock on 02/18/2011 at the average price of 80.16. Leanne M Zumwalt owns at least 1,905 shares after this. The price of the stock has increased by 2.69% since.
Sell: COO Dennis Kogod sold 50,000 shares of DVA stock on 02/18/2011 at the average price of 79.54. Dennis Kogod owns at least 37,500 shares after this. The price of the stock has increased by 3.5% since.[/size]

So, my question is: Is it worth it?  Having health care be for profit?  Do you feel better knowing that the executive director is being so well compensated - yet patients are struggling to pay for dialysis?  am I off base by being offended?  Is he living the American Dream, and are people on in-center dialysis living an American Nightmare?

[okarol]

I wonder how much of that comes from Medicare.
Medicare building mansions... hmmm..?
 

[rocker]

There was a healthcare company in our state.  Convicted of the largest Medicare fraud to date, had to pay back over $4 billion in stolen money and fines.  Know what the people of our state did to the CEO?

Elected him governor.

This country really needs to stop worshiping the rich.

[MooseMom]

Is he living the American Dream, and are people on in-center dialysis living an American Nightmare?

Yes, and yes.

[MooseMom]

Oh, and thank goodness this poor man got his tax cut...

[YLGuy]

Oh, and thank goodness this poor man got his tax cut...

Yes, it was very important to me that they extended the Bush tax cuts for him.  I was so worried about him.  It was a good thing that they stopped providing paper drapes for the chairs at my Davita center. Maybe we can cut back somewhere else in patient care.  I think he probably needs another $5-$10 million.

[scooter26]

There was a healthcare company in our state.  Convicted of the largest Medicare fraud to date, had to pay back over $4 billion in stolen money and fines.  Know what the people of our state did to the CEO?

Elected him governor.

This country really needs to stop worshiping the rich.

It's all over Davita that he has political aspirations.   





Edited: Fixed quote tag error - okarol/admin

[YLGuy]

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