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Posts tagged ‘Patrick M McCarthy’

13
Sep

Executive Compensation at Northwestern Medicine (Chicago, IL)

Northwestern Memorial HealthCare (NMH) is commonly known as Northwestern Medicine, and is a non-profit, tax-exempt 501 (c) (3) that provides healthcare in more than 200 locations (including 10 hospitals) in the Chicago metropolitan area. Headquartered in Chicago, NMH is affiliated with Northwestern’s School of Medicine.

Key facts to know about NMH include the following information taken from the Form 990 (2017 for the year ending August 31, 2018):

NMH has $7.3 billion in net assets (up from $6.4 billion the year before). The $900 million increase is primarily attributed to transfers from affiliated organizations (about $550 million) and excess revenue over expenses (about $350 million), all of which means NMH made a lot of money from healthcare in 2018. Read more »