By Michelle Crouch
Charlotte’s largest ebook
The overall compensation of Atrium Well being executives shot at a median of 41 % final yr, in accordance with lately revealed information from the hospital system, however details about Eugene Woods’s wage, CEO of Atrium Father or mother Advocate Well being, was not included within the assertion.
The Govt Compensation Report of the Authority of the Charlotte-Mecklenburg hospital, which does enterprise as Atrium Well being, exhibits two-digit will increase in a lot of the principle management of Atrium, and a number of other executives see their compensation to leap by greater than 50 %.
The 4 greatest paid executives had been:
- Ken Haynes, president of the Southeast Area of Advocate Well being, obtained $ 5.07 million in 2024, 56.6 % greater than $ three.24 million in 2023.
- Scott Rissmiller, Govt Vice President and Chief Medical Govt, had compensation of $ four.03 million, a rise of 54.three %.
- Brett Denton, the principle authorized officer of the system, noticed a wage improve of 68.5 % to $ three.87 million.
- Carol Lovin, Director of Integration and Chief of Personnel, received $ three.6 million, 57.four %.
The overall compensation of every govt consists of its base wage, bonds, incentives based mostly on plans and different types of compensation.
In 2024, Atrium Well being reported $ 12.6 billion in internet operational revenues and $ 1.31 billion in internet earnings, which some would name income. These figures, a brand new file for the biggest hospital system within the state, don’t embody earnings from Atrium Wake Forest Baptist Well being or hospitals in Illinois and Wisconsin that joined Atrium in 2022 to create a protection well being.
Till now, in 2025, Atrium has continued to exceed its budgetary expectations, with internet operational earnings of $ three.32 billion throughout the first three months, in accordance with a report introduced at a gathering of the Board of the Board of the Authority of the Hospital on Could 13.
North Carolina’s legislation requires public hospitals to disclose the entire compensation of their CEO and one of the best paid officers.
Why wasn’t the Wage of the CEO of Advocate Well being Eugene Woods reported?
The fee of Woods was revealed within the 2023 Atrium report, when he introduced residence $ 17.36 million, 24 % greater than 2022 and greater than the triple of the $ 5.four million he received in his first full yr as CEO in 2017.
In response to an investigation by Ledger/NC Well being Information, Atrium stated that Woods’s compensation might be reported on the annual presentation of Type 990 of Advocate Well being. That doc, required by the IRS for non -profit organizations, doesn’t often happen till later, which signifies that Woods compensation will most likely not be public till November.
After Atrium mixed with Midwest’s defender, Aurora Well being, in December 2022, Woods served as co-cement of the system mixed with Jim Skogsbergh. However Skogsbergh resigned in Could 2024, leaving Woods as the one system chief.
Advocate Well being umbrella additionally covers Wake Forest Baptist, based mostly in Winston Salem, which was mixed with Atrium in 2020, creating a brand new entity often called Atrium Well being Inc.
Each “combos”, as Atrium describes them, have allowed the system to develop in a method that in any other case couldn’t, as a result of as a hospital authority, the system is restricted by state legislation by which far it will possibly broaden geographically. However combos and affiliation agreements have additionally resulted in a extra advanced management construction and blurred the authorized and monetary obligations of every entity, stated Ge Bai, a professor of accounting and well being coverage on the Johns Hopkins Bloomberg Public Well being Faculty.
Many senior leaders now have twin titles, concurrently serving as executives at Atrium Well being and in Advocate Well being.
“These difficult organizational buildings make it very tough for the general public to know who’s answerable for the actions of those organizations,” stated BAI.
Atrium combos with different methods to type new company entities have allowed Atrium to broaden far past Charlotte, whereas retaining lots of the tax benefits and authorized protections of a neighborhood authorities entity.
Critics query excessive salaries, will increase
Critics say that Atrium govt compensation and annual will increase are extreme for a non -profit group exempt from taxes, thus diverting the sources that might in any other case be invested in affected person care and medical look after unattended communities.
Barak Richman, professor on the Regulation College at George Washington College who research medical care coverage, stated the general public lastly assumes the price of excessive govt fee by way of greater medical care prices and insurance coverage premiums.
“All in North Carolina who purchase medical health insurance contribute to those salaries,” he stated. “The upper they’re, the extra they pay every individual insured.”
A rise of 40 % “certain sounds excessive, and I believe it might sound excessive for anybody,” he added.
He stated he believes that will increase ought to be linked to measurable enhancements in public well being, to not the profitability of a hospital.
“It will be good if the compensation for a non -profit well being system that enjoys a number of subsidies and authorized protections of the North Carolina State was based mostly on concrete metrics of how the well being system improved the well being and nicely -being of the residents of the state,” he stated.
In accordance with IRS guidelines, charitable hospitals should function in public curiosity and show a measurable neighborhood profit in alternate for not paying taxes, however IRS doesn’t come into particulars about what meaning.
Atrium was additionally eligible to obtain a reimbursement reimbursed from the medical program of the underneath the underneath Hasp, the Program for the Entry and Stabilization of Medical Care. In accordance with HASP, state hospitals obtain extra from Medicaid in alternate for paying greater taxes to the State as a technique to cowl the North Carolina a part of the price of increasing Medicaid to about 650,000 staff largely of low earnings.
Atrium and the opposite state hospitals signed an settlement final yr by which they agreed to forgive the medical debt for low -income sufferers and make adjustments of their monetary help insurance policies in alternate for greater PSP.
Atrium: aggressive wage essential to draw expertise
In an announcement, Atrium Well being stated that aggressive wage is crucial in an more and more advanced well being panorama.
“To draw and retain one of the best expertise to adjust to our objective, we provide a aggressive compensation package deal decided by our Governing Board and in accordance with one of the best governance practices, which is guided by recommendation of impartial consultants and nationwide information from related measurement organizations,” the assertion stated.
Atrium reported $ 2.97 billion in neighborhood advantages for the 2023 calendar yr, which incorporates free and low cost consideration, Medicare and Medicaid deficits, medical analysis prices and neighborhood initiatives. (The hospital has not introduced its neighborhood profit variety of 2024).
Atrium additionally has some of the beneficiant care insurance policies of the State, which presents free look after sufferers whose properties earn as much as 3 times the federal poverty stage ($ 46,950 for a person or $ 96,450 for a household of 4).
Atrium Well being raised its minimal wage for its staff of North and South Carolina at $ 18.50 per hour this yr, which signifies that Woods 2023 compensation was roughly 451 occasions than that of the bottom staff within the system.
Different non -profit hospital methods in North Carolina haven’t launched their govt fee of 2024. In 2023, the CEO of Novant Well being, Carl Armato, received $ 5.eight million and the CEO of Duke Well being, Craig Albanese, received $ 1.four million.
HCA Healthcare, who operates Mission Well being in western North Carolina, granted his CEO Sam Hazen whole compensation of $ 21.three million in 2023. The corporate based mostly in Nashville is the biggest medical care system within the nation and operates as a revenue entity.
Atrium Well being 2024 Govt Compensation
| Title | Qualification | 2024 Compensation | Improve share |
| Ken Haynes | President, Advocate Well being Southeast Area | $ 5,073,340 | 56.6% |
| Scott Rissmiller | Govt Vice President and Medical Director | $ four,029,199 | 54.three% |
| Brett Denton | Govt Vice President and Authorized Director | $ three,867,971 | 68.5% |
| Carol Lovin | Govt VP, Chief of Personnel and Integration Director | $ three,608,427 | 57.four% |
| Rasu Shrestha | Govt Vice President, Director of Innovation and Industrial | $ three,287,435 | 48.three% |
| Bradley Clark | Govt Vice President and Monetary Director | $ 2,831,292 | N / A |
| J. Michael Parkerson | Senior Vice President and Advertising and marketing Director | $ 2,449,362 | N / A |
| Delvecchio Finley | President, Atrium Well being Georgia Market | $ 2,400,749 | 11.1% |
| Coltman Kinnell | Govt Vice President, Group Director and Social Influence | $ 2,333,488 | N / A |
| Andy Crowder | Senior Vice President and Info Director and Evaluation Evaluation | $ 2,298,750 | 33.1% |
| Roy L. Hawkins | VP Senior, President – North Space, Higher Charlotte Market | $ 1,385,414 | N / A |
| Rashard Johnson | Senior Vice President and President of the Market – South | $ 1,361,734 | 23.9% |
| Vicki block | Senior Vice President and Market President – Central | $ 1,280,zero31 | 18.9% |
| Brian L. Freeman | VP and Senior President – West Space, Higher Charlotte Market | $ 644,058 | N / A |
This text is a part of an affiliation between Charlotte Ledger and North Carolina Well being Information to supply Unique Medical Care Stories.
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