New Jersey · Ranked 13 of 1033 by CEO pay.

Atlantic Health System Inc

Brian Gragnolati, President & CEO. Fiscal year ending 2024-12.

$11.5M

CEO total compensation
Form 990 Part VII, columns D+E+F

0.94%

of expenses spent on charity care
Schedule H Part I line 7a

27.5%

CEO pay as a share of all charity care

Brian Gragnolati’s pay of $11,531,308 equals 27.5 percent of the $41,980,920 the system spent on charity care in the same year.

§1The filing

Total revenue: $4,763,861,023
Total expenses: $4,459,713,866
Net assets: $3,644,398,415
Employees: 26,276
Hospitals covered: 6 facilities across 1 filing
Charity care, net: $41,980,920
Bad debt: $152,853,960
Medicare surplus (shortfall), as filed: ($119,469,072)
CEO pay from the organization (Part VII col. D): $9,720,812
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $1,810,496
CEO total compensation (D+E+F): $11,531,308 to Brian Gragnolati

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Atlantic Health System Inc, EIN 65-1301877, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$508.7M Of which charity care to patients who could not pay (line 7a)$42.0M (8%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($152.9M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Atlantic Health System Inc: CEO pay $11.5M, charity care 0.94% of expenses

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Atlantic Health System Inc reported $11,531,308 in compensation for chief executive Brian Gragnolati in the fiscal year ending 2024-12. It spent 0.94% of expenses on charity care, $41,980,920. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/atlantic-health-system-inc-group-return-65-1301877.html