DaVita CEO Exercises Options

[okarol]

DaVita CEO Exercises Options

Friday August 10, 4:45 pm ET 

DaVita Chairman and CEO Kent J. Thiry Exercises Options for 87,500 Shares


NEW YORK (AP) -- The chairman and chief executive of DaVita Inc., which runs kidney dialysis centers, exercised options for 87,500 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Thursday, Kent J. Thiry reported he exercised the options Tuesday for $13.73 apiece and then sold all 87,500 of them on the same day for $57.50 to $58.22 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

DaVita is based in El Segundo, Calif.

http://biz.yahoo.com/ap/070810/davita_ceo_insider_transactions.html?.v=1

[okarol]

DaVita General Counsel Exercises Options

Friday August 10, 4:49 pm ET 
DaVita VP and General Counsel Joseph Schohl Exercises Options for 6,000 Shares


NEW YORK (AP) -- The vice president and general counsel of DaVita Inc., which runs kidney dialysis centers, exercised options for 6,000 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Thursday, Joseph Schohl reported he exercised the options Tuesday for $33 apiece and then sold all 6,000 of them on the same day for $57.70 apiece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

DaVita is based in El Segundo, Calif.

http://biz.yahoo.com/ap/070810/davita_vp_insider_transactions.html?.v=1

[Hawkeye]

Wonder what they are up to.

[okarol]

I was thinking the same thing Hawkeye.
Taking profits, looks like.

[Zach]

The great EPO scandal of 2007 is just the beginning.

Stay Tuned.
 

[ahamner]

Wonder what they are up to.

$57.50-$13.73=$43.77 per share profit
X  87,500 shares equals $3,829,875 total profit for Kent Thiry.

[MyssAnne]

Yay. Someone is making money from our misery. Bless his heart.  Does anyone know how to gain access to his bank account, by any chance?

[Hawkeye]

Does anyone know how to gain access to his bank account, by any chance?

Boy do I wish I did.  Just a quarter of it would be nice even.

[RuthWells]

This is the core of what is wrong with so much of our health system in the U.S. -- introducing the profit motive into the system is antithetical to keeping the patients as the priority.   

[Rerun]

It is scary to think if he gets caught doing something slimy then they shut down DaVita.  A lot of us will be shit out of luck.  He/they/Davita has everyone under their thumb. 

This is why I was pissed off that DaVita wanted more money from Medicare.  They don't need more money from Medicare!

[Stu]

I think we all need to be a little careful what we wish for when we talk about the financial motives of healthcare providers.

Whilst there is no doubt that introducing profit motivations into healthcare can compromise patient outcomes, do you really want companies such as DaVita and Nephrocare (Fresenius) to go out of business?

Governments have repeatedly proven themselves incapable of delivering efficient health care, so the idea of "outsourcing" healthcare is sound.

Whilst you could vent your spleen (or nephrons?) about the cut corners and generous (obscene) internal excesses of private dialysis providers, it might be better aimed at the oversight committees who oversee, and create legislation regulating these dialysis providers.

Governments who have outsourced healthcare have generally got half of the equation right, where they lack, is in the oversight of these providers. The legislators need to set a minimum standard of care, and the price that they (and the private health insurers) are prepared to pay private providers for these services. Private providers are then presented with a "take it or leave it" proposition. Obviously, under these circumstances, both sides (govt. and providers) would need a boatload of long term assurances, but workable solutions can be found.

Of course, the obvious chink in this argument is the powerful political lobbying of healthcare providers to those who would be engendered with the responsibility to provide the legistative framework under which a system such as this would operate.

[Sluff]

I would just love to hear Epomans thoughts on this...whew. 

[Hawkeye]

I would just love to hear Epomans thoughts on this...whew. 

No kidding, he would of had a field day with this one.

[goofynina]

LMAO,,,,    oh something tells me the Big Guy knows all and i am sure he is Laughing His Ass Off