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Posts from the ‘Health’ Category

9
Nov

Executive Compensation at Piedmont Healthcare (2025)

Piedmont Healthcare is a tax-exempt, non -profit healthcare provider based in Atlanta, Georgia with 28 hospitals, 122 immediate care centers, and more than 1875 clinic physician offices that employ 50,000 employees that serve communities in Georgia.

Made up of dozens of other organizations that include non-profits (35), taxable partnerships (7), and taxable corporations or  trusts (8) , Piedmont Healthcare has one organization – Piedmont Healthcare, Inc. (PHI) – whose mission is to manage all the affiliated/related and subsidiary organizations in the system.

PHI has 17 voting members of its governing body, 13 of whom are independent. 14 of the 17 (82%) board members are male while 3 of the 17 (18%) are female. Read more »

3
Nov

10 Employees of Sentara Health Received $150 Million in Compensation

10 employees of Sentara Health (a non-profit 501 (c) 3 based in Virginia Beach, Virginia that is the “parent” organization that oversees 69 other related organizations – 20 non-profits, 24 organizations taxed as a partnership, and 25 organizations taxed as a corporation or trust) received $150 million in compensation from 2019-2024 (note:  highl compensated employees in any of the years 2019-2023 but not in 2024 are not included in the list below): Read more »

1
Nov

Executive Compensation at Sentara Health (2024)

Sentara Health is a healthcare system with more than 34,000 employees who work at more than 400 sites of care including 12 hospitals in Virginia and northeastern North Carolina.  In addition, Sentara includes Optima Health, a health insurance provider for more than 1 million people in Virginia and Florida.

Although Sentara Health generally refers to one organization, Sentara Health includes dozens of organizations:  24 tax-exempt organazations, 20 taxable as a partnership, and 25 taxable as a corporation or trust. For the purpose of this post, the executive compensation at Sentara Health , a non-profit, tax-exempt 501 (c) (3) based in Virginia Beach, Virginia that employs the CEO and President and supporting staff that appears to provide overall management to all the organizations in the system – is addressed in this post.   Read more »

10
Oct

15 Employees of Texas Children’s Hospital Take Home $166 Million in Compensation

15 highly compensated employees of the Texas Children’s Hospital (TCH) – a tax-exempt non-profit 501 (c) 3 organization that is one of the nation’s largest and most comprehensive pediatric and women’s health care organizations in the US with more than 14,000 employees that work across 40 subspecialties and is he academic partner and the principal teaching site for the Baylor School of Medicine, in Bellaire, Texas) received $166 million in compensation from 2018-2024 (note:  highly compensated employees in any of the years 2018-2023 but not in 2024 are not included): Read more »

8
Oct

Executive Compensation at the Texas Children’s Hospital (2024)

The Texas Children’s Hospital (TCH) is a tax-exempt non-profit 501 (c) 3 organization that is one of the nation’s largest and most comprehensive pediatric and women’s health care organizations in the US.  With more than 14,000 employees that work across 40 subspecialties, TCH is he academic partner and the principal teaching site for the Baylor School of Medicine, in Bellaire, Texas.

Key financial information about TCH includes: Read more »

6
Oct

26 Employees at Advent Health Take Home $270 Million in Compensation

26 of the most highly compensated employees of AdventHealth (formerly known as Adventist Health System until 2019 when the 501 (c) (3) “rebranded” itself) is one of the largest non-profit health care providers in the United States with 50 hospitals and hundreds of care sites in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with 87 tax-exempt non-profits, 19 organizations taxable as partnerships,  and 23 organizations taxable as a corporation or trust) received $270 million in compensation from 2016-2024 (with several employees only recently joining the organization, which means the highly compensated employees employed in any of the years from 2016-2023 but not in 2024 are not included – including Daryl Tol who received $13 million from 2016-2022, Michael Schultz who received $12 million from 2016-2022, and Eddie Soler who received $10 million from 2016-2022 – which means the total amount would be even higher if all the most highly compensated employees were included): Read more »

4
Oct

Executive Compensation at Advent Health (2024)

AdventHealth (formerly known as Adventist Health System until 2019 when the 501 (c) (3) “rebranded” itself) is one of the largest non-profit health care providers in the United States with 57 hospitals and hundreds of care sites in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with 87 tax-exempt non-profits, 19 organizations taxable as partnerships,  and 23 organizations taxable as a corporation or trust.  

This post looks at the executive compensation at  Adventist Health System Sunbelt Healthcare Corporation (AHSSHC), the tax-exempt, non profit organization that provides management, leadership, and oversight to the affiliates.  It is important to note there are dozens of other related and affiliated non-profits and for profit organizations  related to AdventHealth that are not covered in this post. Read more »

2
Oct

15 Employees at Carle Health Take Home $112 Million

15 of the most highly compensated employees of Carle Health (a vertically integrated healthcare system – health insurance, medical care, education, and research – with 8 hospitals and group practices that employ more than 1,300 physicians and advanced practice providers and 12,000 workers in Illinois and Indiana.  Carle Health also encompasses a medical school – Carle Illinois College of Medicine at Methodist College – and a research Institute, Stephens Family Clinical Research Institute.  Based in Urbana, Illinois, Carle Health consists of 29 tax-exempt organizations and 27 related organizations taxed as a partnership, corporation, or trust) and specifically of  Carle Health Care, Carle Foundation Hospital (its flagship hospital in Urbana, IL), and the Carle Foundation (the parent company) received $112 million in compensation from 2017-2024: Read more »

30
Sep

Executive Compensation at Carle Health Care, Carle Foundation Hospital, and Carle Foundation (2024)

Carle Health is a vertically integrated healthcare system (health insurance, medical care, education, and research) with 8 hospitals and group practices that employ more than 1,300 physicians and advanced practice providers and 12,000 workers in Illinois and Indiana.  Carle Health also encompasses a medical school (Carle Illinois College of Medicine at Methodist College) and a research Institute (Stephens Family Clinical Research Institute). Read more »

24
Sep

25 Employees of Novant Health Take Home $169 Million in Compensation

25 highly compensated employees of Novant Health (a non-profit, tax-exempt 501 (c) (3) based in Winston Salem, North Carolina that is an integrated healthcare provider with 21 medical centers medical centers and more than 900 care centers in  North Carolina and South Carolina) received $169 million in compensation from 2017-2024.  However it is important to note that 10 of the employees listed are former employees (most left in 2o21 but were still receiving compensation in 2024.  In addition, it is important to note highly compensated employees in any of the years 2017-2023 but not in 2024 are not included below.  And, finally it is important to note Novant does spend considerable resources paying for outside contractors (including McKinsey in 2024 for $53 million) and these are not included: Read more »