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Health care CEOS testifying in front of Senate Finance Committee in 2019. Photo: Win McNamee/Getty Images

Our latest tally shows 62 health care CEOs made a combined $1.1 billion in 2018 when calculating the actual value of cashed-out stock.

Between the lines: $1.1 billion is basically a rounding error within the $3.7 trillion U.S. health care system. But it’s also $157 million more than what the Centers for Disease Control and Prevention spent in 2018 on chronic disease prevention.

A few things jumped out in our latest scan:

  • Wayne Smith, CEO of Community Health Systems, earned a $3.3 million bonus last year — 4 times his cash bonus from 2017 — even though his hospital chain lost $788 million and continued to sell off hospitals from a failed 2014 merger that he orchestrated (and now regrets). Smith’s bonus was heavily weighted by an adjusted metric that made CHS look profitable, and none of his bonus was tied to hospital quality.
  • Philadelphia's public employee pension plan is asking CVS Health shareholders to support a resolution that would require CVS not to exclude opioid litigation costs when considering executive bonuses. CVS isn’t a fan of that.
  • Joe Hogan leads Align Technology, the maker of Invisalign clear braces and various dental scanners, and he made $70 million in 2018 — 4th highest among health care companies that have reported so far.

Go deeper: Follow our health care executive pay tracker

Go deeper

GOP Rep. Andrew Clyde defends comparison of Jan. 6 riot to "tourists"

Rep. Andrew Clyde (R-Ga.) departs a press conference on June 14. Photo: Win McNamee/Getty Images

Rep. Andrew Clyde (R-Ga.) defended comments made during a House committee hearing in which he compared the deadly Jan. 6 Capitol riot to a "normal visit."

The big picture: In a heated back-and-forth during a Rules Committee meeting on Tuesday, Rep. Jamie Raskin (D-Md.), who sits on the select committee investigating the attack, pressed Clyde on whether he had watched the officers' testimony earlier in the day.

58 mins ago - Health

England lifts quarantine requirement for vaccinated EU, U.S. citizens

U.K. Prime Minister Boris Johnson and President Biden at the G7 in Cornwall last month. Photo: Leon Neal - WPA Pool/Getty Images

Fully vaccinated travelers from the European Union and the U.S. will no longer need to quarantine when arriving in England, effective Aug. 2 at 4 a.m. local time, the U.K. government announced Wednesday.

Why it matters: It's a reflection of the British government's confidence in its highly successful COVID-19 vaccine rollout, despite the spread of the Delta variant. The move stands in stark contrast to the Biden administration's continued refusal to lift restrictions for travelers from the U.K. and Europe.

3 hours ago - Sports

Simone Biles is still a winner

Photo: Laurence Griffiths/Getty Images

Simone Biles' leadership on the mat has never been questioned. After her shocking withdrawal from Tuesday's team final, she proved just as capable a leader off of it.

What happened: During the first rotation, Biles performed an uncharacteristically bad vault, appearing to lose herself in midair.