Becker's Hospital Review

June 2020 Issue of Becker's Hospital Review

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24 POPULATION HEALTH 24 CEO / STRATEGY 27 healthcare execs on Trump's economic revival task force By Ayla Ellison P resident Donald Trump in April created a task force to advise the White House on reopening sectors of the economy shut down by the COVID-19 pandemic. e task force includes dozens of leaders from more than 15 indus- tries, including 27 executives from the healthcare industry. In addi- tion to making recommendations for how to reopen parts of the econ- omy, the task force will also respond to economic damage caused by the COVID-19 pandemic, according to e Wall Street Journal. Here are the healthcare industry executives on the task force: 1. Gail Boudreaux, president and CEO, Anthem (Indianapolis) 2. Albert Bourla, PhD, chairman and CEO, Pfizer (New York City) 3. Bruce Broussard, president and CEO, Humana (Louisville, Ky.) 4. Benjamin Carter, COO, Trinity Health (Livonia, Mich.) 5. David Cordani, president and CEO, Cigna (Bloomfield, Conn.) 6. Marc Casper, chairman, president and CEO, ermo Fisher Scien- tific (Waltham, Mass.) 7. Lloyd Dean, CEO, CommonSpirit Health (Chicago) 8. Robert Ford, president and CEO, Abbott Laboratories (Chicago) 9. Kenneth Frazier, chairman and CEO, Merck (Kenilworth, N.J.) 10. Richard Gonzalez, chairman and CEO, AbbVie (North Chicago, Ill.) 11. Alex Gorsky, chairman and CEO, Johnson & Johnson (New Brunswick, N.J.) 12. Karen Lynch, president, Aetna (Hartford, Conn.); executive vice president CVS Health (Woonsocket, R.I.) 13. Sam Hazen, CEO, HCA Healthcare (Nashville, Tenn.) 14. Joseph Impicciche, president and CEO, Ascension Health (St. Louis) 15. Mike Kaufmann, CEO, Cardinal Health (Dublin, Ohio) 16. Michael Neidorff, chairman, president and CEO, Centene (St. Louis) 17. Daniel O'Day, chairman and CEO, Gilead Sciences (Foster City, Calif.) 18. Dave Ricks, chairman and CEO, Eli Lilly (Indianapolis) 19. Mike Roman, chairman and CEO, 3M (Saint Paul, Minn.) 20. Matthew Sause, president and CEO, Roche Diagnostics (Indianapolis) 21. Len Schleifer, MD, PhD, founder and CEO, Regeneron (Tarrytown, N.Y.) 22. Wayne Smith, chairman and CEO, Community Health Systems (Franklin, Tenn.) 23. Jerry Speyer, chair of board of trustees, NewYork-Presbyterian (New York City) 24. David S. Taylor, chairman, president and CEO, Procter & Gamble (Cincinnati) 25. Brian Tyler, PhD, CEO, McKesson (Irving, Texas) 26. Michel Vounatsos, CEO, Biogen (Cambridge, Mass.) 27. David Wichmann, CEO, UnitedHealth Group (Minnetonka, Minn.) n Arizona hospital gets bailout after execs take pay cut By Ayla Ellison T he state of Arizona is giving Santa Cruz Valley Re- gional Hospital $3.6 million to keep its doors open, according to the Arizona Republic. In April, Green Valley, Ariz.-based Santa Cruz Val- ley Regional warned it would close without addition- al funding from the state. Like many hospitals across the U.S., Santa Cruz Valley Regional is facing a cash crunch after canceling nonemergency procedures to free up staff and supplies for COVID-19 patients. The state agreed to provide the additional funding with certain stipulations. While the hospital is receiving emergency state aid, no payments can be made to Santa Cruz Valley Regional's owners, investors, board members or consultants, and hospital executives must take a 20 percent pay cut and for- go any bonuses or other salary enhancements. The hospital will also be required to open its books to the state, quickly provide financial documents requested by the state, and remain in compliance with CMS license re- quirements, according to a letter obtained by the Green Valley News. Santa Cruz Valley Regional CEO Kelly Adams said the hos- pital's executive team has taken a 30 percent pay cut and agreed to the other terms laid out by the state. "Arizona is pleased to have come to an agreement with the Santa Cruz Valley Regional Hospital that ensures health care operations continue and protects taxpayers," a spokesperson for Arizona Gov. Doug Ducey, wrote in an email to the Arizona Republic.n

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