1. Articles from modrnhealthcr

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    1. LifePoint Board OK with $120 Million Pay Plan Despite Shareholder Rejection

      LifePoint Board OK with $120 Million Pay Plan Despite Shareholder Rejection

      LifePoint Health's board of directors is plowing ahead with a $120 million golden parachute plan for four top executives ahead of the company's sale, despite overwhelming opposition from shareholders.The board itself, which will disband when the deal goes through, is getting more than $11.3 million, not counting the company's chairman and CEO's take, as part of the sale.The payouts are raising eyebrows in the investment community given they total more than the company's 2017 net income. Analysts, attorneys and others who follow the industry say the ...

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    2. In Bow to Investors, Tenet Lets Majority Shareholders Convene Meetings

      In Bow to Investors, Tenet Lets Majority Shareholders Convene Meetings

      ... to give shareholders more control over how they operate, said Jefferies & Co. healthcare analyst Brian Tanquilut. Activist shareholders have cropped up demanding more of a say in company decisions, many of them acting on advice from proxy consulting firms that specialize in corporate governance .

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    3. Activist Investors Push Healthcare Firms to Add Seasoned Leaders to Boards

      Activist Investors Push Healthcare Firms to Add Seasoned Leaders to Boards

      By Dave Barkholz | August 6, 2016 Dr. Lynn Massingale, executive chairman of TeamHealth, and his board of directors had to make some tough strategic calls over the past nine months.Twice last autumn they rejected merger advances from rival AmSurg to create a giant in physician-staffing services at hospitals and post-acute-care facilities...

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    1-6 of 6
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