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11
Aug

Executive Compensation at Christiana Care Health Services

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. Read more »

9
Aug

Executive Compensation at Carilion

Carilion is often referred to as Carilion Clinic, Carilion Health Services, or simply Carilion Services although the healthcare provider encompasses several non-profits that provide healthcare services in Virginia.

Carilion Clinic is the parent organization of the Carilion Clinic healthcare network but Carilion Services, Inc is the non-profit that compensates the executives managing the overall network. Based in Roanoke, Carilion has a network of seven hospitals and 225 practice sites staffed by more than 13,000 employees.

Carilion Services, Inc. reported having 2,411 employees who were compensated $158 million in 2017 which equates to an average compensation of $66,000. 150 employees received more than $100,000 in compensation with the 14 most highly compensated employees listed below: Read more »

7
Aug

Executive Compensation at BJC HealthCare

BJC HealthCare (whose legal name is BJC Health System) is one of the largest non-profit healthcare providers in the country with 15 hospitals and multiple community health locations in Missouri and Illinois. BJC HealthCare consists of dozens of affiliated non-profits but the one that encompasses most of the employees of the network is the BJC Health System Group Return which shows the organization reported $4.658 billion in revenue, $4.450 billion in expenses, $208 million in unspent revenue, and $3.038 billion in net assets (or fund balances).

The most recent IRS Form 990 (2016) reports 34,136 employees were compensated $1.839 billion (about 40% of revenue) which equates to an average compensation of $54,000.  2,578 employees received more than $100,000 in compensation with the 66 most highly compensated employees listed below: Read more »

5
Aug

Asymmetry

First time authors are rarely known to write a truly exceptional book but Lisa Halliday accomplished the nearly impossible when she published Asymmetry:  a collection of three short stories, two that appear to be related (Folly and Ezra Blazer’s Desert Island Discs) and one that appears to be asymmetrical but is clearly the star of the show (Madness).

In Folly, Alice, a twenty-something assistant editor at a publishing house in New York City meets Ezra Blazer, an elderly well known and universally respected writer of classic 20th century fiction who has yet to win the Nobel Prize for fiction. Blazer was probably once a player with rugged good looks and a shocking head of thick hair but time has not been kind to the author who complains about back pain, his heart problems, and the other ailments that haunt the elderly. Read more »

3
Aug

Executive Compensation at Atlantic Health System

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: Read more »

1
Aug

Summer Greens and Berries

Eating light in the summertime is as easy as tossing a salad together with fresh seasonal produce. Fill a large bowl with assorted greens (the darker the better) and then add a handful of blackberries, blueberries, and sliced strawberries along with a chopped avocado and sliced almonds for an added crunch. Drizzle some balsamic vinaigrette or your favorite dressing over the top, toss and serve. Lunch never tasted so good! Read more »