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September 22, 2021

Executive Compensation at Atlanticare Health System

by Anne Paddock

Atlanticare Health System is an integrated healthcare system that employs more than 6,000 in 70 locations in southeastern New Jersey. The system is made up of dozens of tax-exempt non-profits and taxable partnerships, trusts, and corporations.  This post addresses the executive compensation as reported by the Atlanticare Health System, Inc. – Subordinates (AHSIS) which appears to be a group return.

There are 15 voting members (trustees) of the governing party, 8 of whom are independent although the most recent Form 990 (2019 for the year ending June 30, 2020) lists 42 trustees, 33 (79%) of whom are male and 9 (21%) are female.

In 2020, AHSIS reported total revenue of $804 million, of which $707 million was net patient revenue. Expenses totaled $728 million (not including $50 million in depreciation) with the 5 largest expenses reported to be:

  • $352 million (44% of revenue):  Compensation
  • $124 million (15% of revenue):  Physician and Purchased Services
  • $122 million (15% of revenue):  Medical Supplies
  • $ 78 million (10% of revenue):  Fees for Svcs (primarily mgmnt fees to related org)
  • $ 37 million (5% of revenue):  Office-Related Expenses

The largest expense, as it is for most healthcare systems, is compensation.  6,038 employees received $352 million in compensation with the average compensation being $58,000.  564 employees received more than $100,000 in compensation with the 30 most highly compensated employees reported to be (note: a “*” indicates compensation was from a related/affiliated organization):

  • $1,810,638:  Edelyn L Miller, Trustee*
  • $1,487,665:  Lori S Herndon, Trustee, AHS President and CEO*
  • $1,362,321:  Dominic S Moffa, Former Officer*
  • $  899,804:  Margaret A Belfield, Trustee, EVP, and COO
  • $  894,610:  Blair A Bergen, Trustee*
  • $  819,645:  Richard D Lovering, Trustee, Vice Chair, SVP Admin CHRO*
  • $  755,579:  Neha Chawla, Physician
  • $  754,460:  Joan Mary Brennan, SVP Quality and Performance
  • $  751,257:  Marilouise Venditti, SVP, Chief Medical Officer*
  • $  620,829:  Terri Lu Schieder, SVP, Population Health
  • $  602,156:  John B Bulger, Trustee*
  • $  586,725:  Christopher A Scanzera, VP and CIO*
  • $  569,091:  Alexander Onopchenko, Trustee*
  • $  549,272:  Hak J Kim, Trustee, Treasurer, VP, and CFO*
  • $  548,101:  Donna Michael-Ziereis, VP, General Counsel, Asst Secy*
  • $  545,805:  Mohamed H Elnahal, Trustee*
  • $  468,202:  Charisse Fizer, VP, Clinical Ops and Amb Services
  • $  444,117:  Mohammad Yaser Mourad, Chief Medical Quality Officer
  • $  442,293:  David P Tilton, Former Officer*
  • $  407,656:  Mary Onwuka, Physician
  • $  402,990:  Richard G Stefanacci, Physician
  • $  373,529:  Dominick J Zampino, Physician
  • $  371,838:  Katherine Birkenstock, VP, Nursing, CNO
  • $  345,658:  James Kilmer, VP, Chief Admin Officer, CITY
  • $  338,880:  Larisa Goganzer, VP, Chief Admin Officer, Mainland
  • $  334,115:  Joseph J McCarthy, CPA, VP, Financial Operations*
  • $  301,274:  Benjamin J Negley, VP, Physician Practicing Admin
  • $  230,585:  Samantha A Kiley, Executive Director
  • $  202,532:  Barbara Young, Asst VP, Supply Chain
  • $  196,122:  Julia Drew, Executive Director

The 30 most highly compensated employees received more than $18 million in compensation.  15 of the most highly compensated employees are male while 15 are female.

211 independent contractors received more than $100,000 in compensation with the 5 highest reported to be:

  • $66.6 million:  Atlanticare Health System, Inc. (a related org) for management
  • $12.2 million:  Medline, of Pittsburgh, PA for consulting
  • $10.9 million:  Wolfe Scott Associates, of Norristown, PA for construction
  • $ 7.1 million:  P Agnes, of Philadelphia, PA for construction
  • $ 6.1 million:  Laboratory Corp of America, of Burlington, NC for lab work

To read the IRS Form 990 (2019 for the year ending June 30, 2020), click here.

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