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Posts tagged ‘Michael Lima’

3
Apr

Executive Compensation at Geisinger

Geisinger is a large integrated healthcare system with an estimated 24,000 employees working in 10 hospitals and numerous medical care facilities that primarily serve the central and northeastern Pennsylvania region.  Acquired by Risant Health, Geisinger is now a part of Kaiser Permanente (who counts Risant Health as a subsidiary).

In 2023, Geisinger was made up of many organizations:  20 tax-exempt entities, 11 taxable partnerships, and 13 taxable corporations or trusts.  These organizations contribute to an organization called Geisinger System Services who provides overall management services to the organizations that makeup Geisinger Health.  In 2023, these organizations paid nearly $800 million to Geisinger System Services, who spent most of that revenue on compensation ($404 million), office-related expenses ($160 million), and fees for outside services ($150 million). Read more »