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August 3, 2019

Executive Compensation at Atlantic Health System

by Anne Paddock

Atlantic Health System is a nonprofit healthcare system in New Jersey that includes five medical centers, a children’s hospital, a hospice and home care organization, rehabilitation center and 600 community-based providers from the affiliated Atlantic Medical Group.

The Atlantic Health System Group IRS Form 990 return (2016) reports the organization had 17,145 employees who were compensated $1.261 billion, which equates to an average compensation of $74,000.  2,266 employees received more than $100,000 in compensation with the 54 most highly compensated employees listed below:

  • $2,311,458:  Brian Gragnolati, President and CEO
  • $1,315,787:  Kevin Lenahan, SVP-CFO and Admin Officer
  • $1,224,338:  Linda Reed, CIO (Term 2/6/16)
  • $1,177,614:  Rolando Rolandelli, Chairman Dept of Surgery
  • $1,051,417:  Paul Starker, Chairman Dept of Surgery
  • $1,018,160:  Alan Lieber, President OMC
  • $  956,016:  Jan Schwartz-Miller, SVP Chief Medical and Academy
  • $ 903,046:  Steve Shens, PAMG – Trustee/Officer, SVP – Physician Enterprise
  • $  876,761:  Mark Widmann, Physician
  • $  849,091:  Andrew Kovach, VP Human Resources (Term 9/30/15)
  • $  841,484:  Daniel Tobias, Physician
  • $  830,967:  Patricia O’Keefe, President-MMC (off 4/17/16)
  • $  805,729:  William Dowling, PAMG – Trustee
  • $  802,044:  Eric Whitman, Physician
  • $  791,303:  Joseph DiPaolo, President – NMC
  • $  783,842:  Michael Reiger, Former VP – Legal Aff(Term 12/31/15)
  • $  780,590:  James Wong, Chairman Radiology Oncology
  • $  758,819:  Stanley Fiel PAMG – Trustee
  • $  753,212:  Walter Rosenfeld, PAMG – Trustee – Officer
  • $  741,906:  Kimberly Simensen, SVP System and Network Planning
  • $  730,077:  Joseph Ramien, Chairman OB/GYN Dept
  • $  723,960:  John Halpenn, Director
  • $  691,048:  James Barr, VP Clinical Intelligence
  • $  638,160:  Thomas Kloos, President ACO
  • $  630,953:  Jason C Coe, President HMC (1/1/6-9/12/16)
  • $  621,850:  Sheila O’Halloran, VP – Asst General Counsel (eff 4/17/16)
  • $  605,781:  Paul Marmora, VP Ambulatory Serv (eff 8/21/16)
  • $  591,601:  Greg Mulford, PAMG – Trustee
  • $  568,155:  Madeline Ferraro, VP Gov’t and Public
  • $  535,118:  Deborah Zastocki, Former President CMC (Term 8/1/15)
  • $  517,146:  Stephanie Schwartz, President CMC (eff 1/25/16)
  • $  503,874:  Peter Bolo, PAMG – Trustee
  • $  499,222:  Chris Zipp, PAMG – Trustee
  • $  475,416:  Kathanne Dnebe, VP – Finance (eff 8/21/16)
  • $  467,178:  Lisa Monfredi, VP Revenue Cycle (eff 8/21/16)
  • $  463,625:  Eva Goldenberg, VP Compliance and Audit
  • $  457,351:  Mario Capio, Trustee AHS  (Term 10/20/16)
  • $  453,032:  Stella Visaggio, COO HCH (1/1/16-3/31/16)
  • $  441,353:  Robert C Peterson, CFO HCH (1/1/16-3/31/16)
  • $  417,847:  Veronica Daly, Trustee AHS
  • $  413,746:  Joan Boomsma, PAMG – Trustee Term 8/6/16
  • $  403,114:  Kenneth Janowski, CMO HCH (1/1/16-3/31/16)
  • $  386,974:  Maureen Bueno, VP Chief Quality (eff 11/13/16)
  • $  386,516:  Samantha Pozner, PAMG – Trustee
  • $  333,333:  Monica Centanni, PAMG – Trustee
  • $  312,636:  Joseph Cirello, PAMG – Trustee
  • $  295,325:  William Neigher, Former VP System Dev (Term 8/1/15)
  • $  283,721:  Terrance French, VP Strat Dev and Net Aff (eff 4/4/16)
  • $  273,940:  James Smith, Director – Atlantic Amb
  • $  265,229:  Thomas J Senker, Former President NMC (Term 1/1/15)
  • $  254,069:  Steve Masser, Trustee AHS
  • $  227,684:  Terry Ferde, President and CEO AHC (1/1/16-3/31/16)
  • $  225,011:  Joseph Wilkins, SVP Chief Trans Officer (off 10/1/16)
  • $  155,471:  Valerie Simon, VP Marketing and Communications (off 6/27/16)

Note:  The word “Term” appears to mean “terminated” which indicates that the compensation or a portion of the compensation was severance compensation. See Schedule J, Part III, Supplemental Information of the Form 990 for details of these agreements and payments.

36 of the 54 (67%) of the most highly compensated employees are male while 18 (33%) are female. 8 of the 10 most highly compensated employees are male while 2 are female.

The Form 990 also reports the organization paid for tax indemnification and gross up payments, health or social club dues or initiation fees, and other expenses including auto leases/auto allowances, life insurance premiums, long term disability premiums, financial planning services and health club membership fees for certain officers, directors and key employees.  Such payments made on behalf of these individuals are generally grossed up and inputed and included as taxable compensation in their respective W-2’s. The organization provided the following individuals with an auto allowance or an autolease during 2016:

  • Kevin Lenahan: $10,800
  • Michael Regier: $10,800
  • Alan Lieber: $10,800
  • JanSchwarz-Miller: $10,800
  • Joseph DiPaolo: $10,800
  • Linda Reed: $1,246
  • Madeline Ferraro: $10,800
  • Thomas Senker: $12,000
  • Deborah Zastocki :$10,800
  • Stanley Fiel $350
  • Walter Rosenfeld: $5,885
  • William Neigher: $2,365

The organization provided Joseph DiPaolo with Country Club membership dues of $1,178.

The organization provided the following individuals with Executive Physical Exams during 2016:

  • Brian Gragnolati : $7,500
  • Thomas Kloos: $7,500
  • Jason Coe: $7,500
  • Terence French: $7,500
  • Sheilah O’Halloran: $7,500

To read the IRS Form 990 (2016), click here.

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