Hold Davita and Kent Thiry Accountable

[NDXUFan]

Unless you own a majority of shares stock doesn't mean much.  A company I invest in is using the company like a personal piggy bank.  Corporate boards of directors award themselves free shares and bonus money despite losing money.   The shareholders are trying to change things, but the board seems to be able to game the system.

Why would you invest in that type of company???

[NDXUFan]

I'm going to send him this letter.  What do you think? And help me proof read.

Kent,

I'm a dialysis patient in Spokane Valley, WA on the nocturnal shift.  I'm also a moderator on www.ihatedialysis.com   This is not a negative site but one there for patients who are scared to death concerning dialysis.  We assure them they can live.

I started dialysis in 1987 when I was 24. I've see it go from non-profit (lunch served and warm blankets) to total profit (bring your own paper tape).  Please explain to me why you charge me $60K a month to keep me alive when you know you will get 3K from Medicare and $600 from my secondary insurance?  I know how much $ you and your board make.  I'm a conservative so I get the whole free-enterprise/market idea.  But, to make absurd money off Medicare (tax payers) and sick people is wrong. 

I understand you want to make more each quarter for your share holders.  But, you need to step back and look at the total picture.  At my unit the drains stink, we don't have enough TV remotes, or wall adapters.  Just little things they "can't afford" to fix.  If you keep the mice happy they will continue to run on the wheel.  Put some money back into your units.  Oh, they did buy Air-Wick air-fresheners to cover the drain smell.  Surprisingly it works for now.

You know you can afford to take a 10 or 20 percent cut from Medicare.  Be a trend setter for the rest of American Corporations.  Be the first guy to say we are going to tell the truth in billing and still make a small profit. 

If you shut your dialysis doors you know there would be much complaining for about a week and then we would all become quiet.... very quiet.  Then a lot of funeral homes would make lots of money.  So buy stock now.

Do that if you want to.  I'm ready and know where I'm going.  But, there are still many young patients who work full-time and contribute to society and pay into Medicare. 

I think you should take the cut from Medicare and be proud of it.  Give back.  Be the first CEO to make the right change. 

People ask me how much profit is too much.  I think if you have your own business like Bill Gates the sky is the limit, but if your money comes from Medicare and sick people there needs to be caps on wages and compensation. 

Kent, do the right thing.  Take the cut from Medicare and be proud you did.

Darla Irwin
Spokane Valley, WA

I agree, but, never going to happen.  You have to realize that $26million-$27 million is not enough to live on, remember?

[NDXUFan]

I'm with Bill. A few threads ago I asked NDXUFan some direct questions about his intentions on this board. He did not answer them because I believe he is here to stir up trouble. He is condescending and rude to those of us with differing opinions. Not helpful to any of us.

I don't understand what bringing your sister into this has to do with anything. If she's in perfect health no one would have tested her sugar after a meal. And I can't figure out what her blood sugar has to do with DaVita.

They do test the transplant donor's blood sugar, they also test it at Indiana University, along with the major research hospitals in Greater Cincinnati. 

[NDXUFan]

This guy went off in a hissy fit sometime ago.  I had to laugh at what Bill had to say!   Doesn't he (the OP) realize that to have Any influence you have to own a lot of shares?  I am sure that Warren Buffet does, and can.

I was an Economics major, your background is?

[monrein]

Have you introduced yourself yet NDXUfan?  You may start with your educational background if you like but please let us know a bit about more about  who we are discussing things with.

[NDXUFan]

Have you introduced yourself yet NDXUfan?  You may start with your educational background if you like but please let us know a bit about more about  who we are discussing things with.

I posted in the Introduction section.....

[NDXUFan]

Have you introduced yourself yet NDXUfan?  You may start with your educational background if you like but please let us know a bit about more about  who we are discussing things with.

Does this sound like any group of people that we interact with, day after day? 

"Nothing is easier for third party busybodies than being "understanding" and "compassionate" at someone else's expense — especially if the busybodies have their own children in private schools, as so many public school educators do.

Whether in housing, education or innumerable other aspects of life, the key to busybody politics, and its endlessly imposed "solutions," is that third parties pay no price for being wrong."