Executive Compensation at Northwell Health (2021)
Northwell Health is New York’s largest healthcare provider with 22 hospitals and 750 outpatient facilities with more than 85,000 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 $2.0 billion in 2021 (out of $2.3 billion in total revenue). In other words, the organizations that make up Northwell Healthcare paid $2 billion to a related organization to manage themselves.
Expenses for NHI totaled $1.8 billion (not including $191 million in depreciation) with the largest expenses reported to be compensation ($949 million), office-related expenses ($340 million), purchased services and fees for services ($343 million), and interest ($90 million). Read more 
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