Executive Compensation at Vidant Health (2019)

University Health Systems of Eastern Carolina does business as Vidant Health, and is a tax-exempt, non-profit 501 (c) (3) based in Greenville, North Carolina.  To meet the health needs of the public, Vidant Health has 9 hospitals and dozens of other patient care locations.

There are 11 independent voting members (board members) of the governing body (Board) although 15 are listed on the Form 990, which appears to be due to timing differences.  13 of the 15 (87%) are male while 2 of the 15 (13%) are female.

Vidant Health has more than 12,000 employees spread among many related/affiliated organizations.  In 2019, Vidant Health reported total revenue of $251 million, all of which came from related/affiliated organizations which appears to mean they all pay into for overall management of the system.

Expenses totaled $255 million (not including $16 million in depreciation) with the largest expenses reported to be compensation ($127 million) and office-related expenses ($43 million). The front page of the Form 990, Part I, Line 5 typically lists the total employees but “0” is listed although Part VII, Line 2 reports 213 employees received more than $100,000 in compensation.  The 20 most highly compensated employees were reported to be:

• $2,717,559:  Janet Mullaney, CAO
• $1,995,951:  David Hughes, CFO
• $1,374,110:  Michael Waldrum, CEO
• $1,296,014:  William Case, President, Vidant Beaufort
• $1,167,712:  Joan Wynn, Chief Quality and Patient Safety Officer
• $1,121,700:  Timothy McDonnell, Chief Facilities Officer
• $  979,327:  Brian Floyd, President, VMC*
• $  728,201:  Annisa Davenport, Chief Strategic Dev and Marketing Officer
• $  539,413:  Roger Robertson, President, Vidant Community Hospitals
• $  502,665:  Donnette Herring, CIO
• $  445,039:  John Marques, Chief HR Officer
• $  425,631: Jay Briley, President, Vidant Community Hospitals*
• $  394,558:  Julie Oehlert, Chief Experience Officer
• $  385,927:  Ryan Hickey, Chief Clin Network Dev Officer
• $  381,680:  Jennifer Thomas, VP, Financial Services
• $  337,565:  David Michael, Chief Medical Information Officer
• $  325,149:  Jerry Townsend, VP, Financial Services Operations
• $  292,728:  Marcy Stoots, VP, Clinical Informatics
• $  273,960:  Veronica Bancevic, VP, Total Rewards
• $  255,534:  Niti Armstead, Chief Medical Officer

A “*” indicates a portion or all of the compensation was from a related/affiliated organization.

11 of the 20 (55%) most highly compensated employees are male while 9 of the 20 (45%) are female.

Vidant Health paid for companion travel – a board member’s spouse accompanied the board member on a business trip that as taken on behalf of the organization, as such, the spousal travel was treated as a taxable benefit.

75 independent contractors received more than $100,000 in compensation. The five highest were reported to be:

• $3,905,211:  Premier Healthcare Solutions, of Chicago, IL for consulting
• $1,544,730:  Jennings and Co Corp, of Chapel Hill, NC for marketing
• $1,311,,544:  K and L Gates, of Boston, MA for legal support
• $  964,104:  ECU School of Med, of Charlotte, NC for contracted services
• $  879,844:  Ntara, Inc. of Johnson City, TN for marketing

To read the IRS Form 990 (2018) for the year ending September 30, 2019, click here.