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August 11, 2019

Executive Compensation at Christiana Care Health Services

by Anne Paddock

Christiana Care Health System includes an extensive network of inpatient and outpatient servers (2 hospitals, medical aid units, home healthcare, and more) in Delaware. A not-for-profit teaching healthcare system, the Christiana Care Health System includes many non-profits that make the organization the largest employer in the state with about 12,000 employees.

The President and CEO and management team are compensated from Christiana Care Health Services, Inc. (CCHSI), a non-profit 501 (c) (3) headquarted in Wilmington, Delaware.

For the year ending June 30, 2017, CCHSI reported total revenue of $1.8 billion, total expenses of almost $1.6 billion, leaving more than $200 million added to the net fund balance which had $2.3 billion at year-end (note:  $86 million in net unrealized gains on investments and $70 million in changes in pensions and post retirement benefits also helped increase the net fund balance from $1.9 billion at the beginning of the year).  In other words, CCHSI is making money by spending less than they are taking in but also by gains on investments and decreased pension and post retirement liabilities. With more than $2 billion in net fund assets, this non-profit is sitting in a comfortable position.

In 2017, CCHSI reported having 10,728 employees who were compensated $1.045 billion, which equates to an average compensation of $97,400.  1,188 employees received more than $100,000 in compensation with the 16 most highly compensated employees listed below:

  • $1,547,674:  Janice E Nevin, President and CEO
  • $1,405,924:  Thomas L Corrigan, EVP and CFO
  • $1,020,896:  Michael Banbury, Chief, Cardiac Surgery
  • $  898,747:  Timothy Gardner, Medical Director, HVIS
  • $  842,715:  Kenneth Silverstein, Chief Clinical Officer
  • $  818,006:  Paul Davis, Physician
  • $  800,292:  Nicholas Petrelli, Medical Director, Cancer
  • $  785,731:  Kert Anzilotti, Chief Medical Officer, Accute Care
  • $ 755,483:  Audrey Van Luven, SVP and Chief HR Officer
  • $  536,593:  James Hopkins, Member
  • $  442,545:  Brenda K Pierce, Secretary of the Corp
  • $  440,535:  Michael Eppehimer, Chief OP Officer, Medical Group
  • $  424,148:  Sharon Kurfuerst, Chief OP Officer, Health Services
  • $  395,534:  Robert Laskowski, Former President and CEO
  • $  296,115:  Diane Talarek, Former SVP Patient Care Services
  • $  172,409:  Richard Cuming, Chief Nursing Executive

11 of the 16 (69%) most highly compensated employees are male while 5 (31%) are female. 8 of the 10 most highly compensated employees are male while 2 are female. The highest compensated employee is a female.

The IRS Form 990 also reports the organization paid for health or social club dues or initiation fees. Specifically, the organizations provides a social club membership to be used by the President in connection with their duties. The President is responsible for and taxed on any personal use of such club membership.

To read the IRS Form 990 for the year ending June 30, 2017, click here.

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