Executive Compensation at Hackensack Meridian Health
Hackensack Meridian Health (HMH) is New Jersey’s largest non-profit healthcare network with 17 hospitals, 500 patient care locations, and 34,000 employees. Based in Neptune, New Jersey, HMH is made up of numerous affiliated and related non-profits but this post will address the non-profit referred to as Hackensack Meridian Health – Subordinates (HMHS) since this entity compensates most of the senior management team whether compensated from HMHS or an affiliated organization. Read more 
Nana Joes Granola Bars
Looking for a granola bar that is vegan, gluten-free and made with organic ingredients? How about a granola bar that tastes crunchy, delicious, and satisfying? Then Nana Joes Granola Bars are the bomb. Handmade in San Francisco, Nana Joes Granola Bars come in four flavors, three of which have a base of oats and maple syrup and one with a base of unsweetened coconut chips and maple syrup: Read more
Executive Compensation at the Cleveland Clinic
The Cleveland Clinic was founded nearly 100 years ago as a single hospital in Ohio but has grown to include the flagship hospital on a 170 acre campus in Cleveland, 10 regional hospitals, more than 150 outpatient clinics, and 19 family health centers in Ohio. In addition, the Cleveland Clinic includes an academic medical center in Weston, Florida, a hospital in Nevada, offices across the United States, a hospital in Abi Dubai, and a sports medicine clinic in Toronto – all part of the 273 Cleveland Clinic locations across the world.
Often recognized as one of the best health care providers and one of the top hospitals (in Cleveland) in the country and the world, the Cleveland Clinic is a non-profit organization that generated $8.9 billion in revenue, had expenses of $8.5 billion (including $467 million in depreciation), leaving about $400 million to be added to the net assets or fund balance in 2016 (which increased from $7.2 billion at the beginning of the year to $8.2 billion because the organization had about $100 million in unrealized gains on investments and $500 million in other changes in assets (see Schedule O of the Form 990). Read more
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
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
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
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
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
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
Executive Compensation at AdventHealth
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 47 hospitals in 9 states. Based in Altamonte Springs, Florida, AdventHealth is a very large system with dozens of separate 501 (c) (3)’s for the hospitals, physician care, patient care, and more.
This post looks at the executive compensation at Adventist Health System Sunbelt Healthcare Corporation (AHSSHC) and Adventist Health System West (AHSW) because the most recent IRS Form 990’s are available for these two entities (before the organization was rebranded to AdventHealth). It is important to note there are dozens of other related and affiliated non-profits related to AdventHealth that are not covered under this post. Read more
Paddock Post 