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Posts tagged ‘Donna Drummond’

18
Sep

Executive Compensation at Northwell Health (2019)

Northwell Health is New York’s largest healthcare provider with 23 hospitals and 750 outpatient facilities with more than 74,000 employees across the network (which includes many organizations).

The focus of this post is on the executive compensation of Northwell Healthcare, Inc. (NHI), a non-profit, tax-exempt 501 (c) (3) that provides advisory and administrative support services to the affiliated healthcare organizations that comprise Northwell Health.  This means the primary source of income for NHI is the revenue the affiliated organizations give, which amounted to $1.5 billion in 2019 (out of a total $1.6 billion).

Expenses for NHI totaled $1.5 billion (not including $144 million in depreciation)n with the largest expenses reported to be compensation($737 million), office-related expenses ($393 million), fees for services ($265 million), and interest ($85 million). Read more »