Steve Wirth on LinkedIn: What insurance CEO compensation looked like in 2023 (2024)

Steve Wirth

Founding partner at Page, Wolfberg & Wirth and founding member of PWW Advisory Group

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No "surprise" here from the insurance industry! Mobile healthcare services can't get paid adequately for the services they provide to patients and the value they bring to the healthcare system; yet big insurance companies like United Healthcare make fortunes. "UnitedHealth Group's Andrew Witty became the highest-paid CEO among the major health insurers last year, but his total compensation paled in comparison to Oscar Health CEO Mark Bertolini. Witty's total 2023 compensation was $23.5 million, up 12.8% from a year earlier, driven by gains in stock and option awards. It came during a year in which UnitedHealth Group's net earnings rose 13.8% to $32.4 billion as revenues increased 14.6% to $371.6 billion."

What insurance CEO compensation looked like in 2023 modernhealthcare.com

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Christopher Kelly

Healthcare Attorney

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Nice opening line Steve, I saw what you did there!

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  • Steve Wirth

    Founding partner at Page, Wolfberg & Wirth and founding member of PWW Advisory Group

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    Looking forward to speaking at this excellent conference next week. See you there!

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  • Steve Wirth

    Founding partner at Page, Wolfberg & Wirth and founding member of PWW Advisory Group

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    So sad. Such a tragic and senseless loss. Keeping these brave officers and those injured in our thoughts and prayers.

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  • Steve Wirth

    Founding partner at Page, Wolfberg & Wirth and founding member of PWW Advisory Group

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    What a profound point about "supply and demand" in healthcare from an excellent article in Forbes - with so many implications for EMS and mobile healthcare. We need to redesign our 911 systems to reduce the demand through better public education and navigating the less acute patients who call 911 to the services that best meet their needs without depriving acute patients of emergency services when they are critically needed. Not an easy task, as the current crisis has many facets, but reducing "wasteful, useless healthcare" should help reduce our "worker shortage" more directly. Not every call to 911 requesting an ambulance requires an immediate ambulance response. #ems #mobilehealthcare #healthcareshortage #ambulance "...our shortage is not a supply problem, in other words. It’s a demand problem. We need to drive less healthcare consumption in the U.S., and we can do that in a few key ways.It starts by acknowledging the staggering amount of wasteful, useless healthcare that’s delivered to patients because we fail to intervene early on their medical conditions."

    Can We Avoid The Impending Healthcare Workforce Labor Shortage? forbes.com

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  • Steve Wirth

    Founding partner at Page, Wolfberg & Wirth and founding member of PWW Advisory Group

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    What a great conference! Honored to give a keynote presentation at the North Carolina EMS conference in Greensboro this week - “The Power of Going the Extra Mile”. Over 1000 attendees which makes it the largest EMS conference we’ve been to in quite a while. Jim Page was the first state EMS Director here in 1973. The banquet was wonderful, recognizing those who have gone before us, as well as the winners in the statewide EMS skills competition, which is a great tradition that continues here in North Carolina. The team at the North Carolina Office of EMS do an amazing job organizing this meaningful event. I even got my official Prodigy EMS socks bestowed on me by Rob Lawrence today! Proud to see my mentee John Sammons give an excellent presentation on resilience, too.

    • Steve Wirth on LinkedIn: What insurance CEO compensation looked like in 2023 (19)
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  • Steve Wirth

    Founding partner at Page, Wolfberg & Wirth and founding member of PWW Advisory Group

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    We are absolutely thrilled that Matt Zavadsky is joining us at PWWAG. Matt is well known as an EMS leader driving positive change and we are so excited that we will be working together to help improve mobile healthcare systems across the country.

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  • Steve Wirth

    Founding partner at Page, Wolfberg & Wirth and founding member of PWW Advisory Group

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    Breaking News: Paramedic Cooper Sentenced inElijah McClain Case At a sentencing hearing this afternoon, nearly five years after the death of Elijah McClain, former Aurora Fire Rescue paramedic Jeremy Cooper – the last of the first responders convicted for his role in the tragic incident – was sentenced to four years’ probation with fourteen months to be served in a work-release program, along with one hundred hours of community service. Both Jeremy Cooper and Lieutenant Peter Cichuniec were criminally indicted by a state impaneled Grand Jury in September of 2021. Each were accused of improperly assessing Mr. McClain’s medical condition prior to administering an excessive amount of ketamine to sedate the 23-year-old man following his encounter with officers of the Aurora Police Department on August 24, 2019. Mr. McClain died in a hospital three days later.Following a jury trial that lasted several weeks, both Cooper and Cichuniec were ultimately convicted of Criminally Negligent Homicide in late December of 2023. Cichuniec was also convicted of Second-Degree Assault – Unlawful Administration of Drugs, the most serious of the charges brought against the responders. In March, Judge Mark Warner, who presided over the criminal trials, sentenced Cichuniec to five years in the Department of Corrections with a three-year period of parole.As we have said over the course of this trial and the sentencing, this tragic case is a wake-up call for all EMS agencies and EMS practitioners to evaluate their current practices with respect to the management of persons in the custody of law enforcement. Now is the time to review policies, procedures, and protocols to help reduce the likelihood of a similar tragedy from happening in your own agency. Now is the time to collaborate with your medical director and local law enforcement agencies you work with to prepare and train so that you can be confident that you are providing the best possible medical care to all patients in these difficult situations.

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  • Steve Wirth

    Founding partner at Page, Wolfberg & Wirth and founding member of PWW Advisory Group

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    In Akron Ohio today speaking at the Ohio Billing conference - I’m staffing the Ohio Dept of Public Safety EMS Booth with our friend David Fiffick (the Chief) in between sessions. Just kidding. We’ve known Dave many years and he is a great advocate for mobile healthcare providers in Ohio and he was kind enough to let me work at his table. David Fiffick

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