Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Arkansas · Ranked 152 of 1033 by CEO pay.

Baptist Health

Troy Wells, President & CEO. Fiscal year ending 2024-12.

$2.3M
CEO total compensation
Form 990 Part VII, columns D+E+F
1.83%
of expenses spent on charity care
Schedule H Part I line 7a
6.5%
CEO pay as a share of all charity care

§1The filing

Total revenue
$1,935,002,684
Total expenses
$1,923,953,316
Net assets
$1,110,693,079
Employees
11,413
Hospitals covered
11 facilities across 4 filings
Charity care, net
$35,167,718
Bad debt
$410,438
Medicare surplus (shortfall), as filed
$1,552,721
CEO pay from the organization (Part VII col. D)
$2,247,764
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$48,215
CEO total compensation (D+E+F)
$2,295,979 to Troy Wells

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, Baptist Health, EIN 71-0236856, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title multiple.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$73.3M Of which charity care to patients who could not pay (line 7a)$35.2M (48%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($410,438) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Baptist Health71-02368562024-12$1.5B$22.6M1.60%990
Baptist Health Regional Hospitals82-54261522024-12$319.5M$9.7M2.72%990
Conway Community Services46-16298002024-12$109.7M$1.8M1.54%990
Baptist Health Hospitals61-15708552024-12$30.7M$1.0M3.01%990

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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Baptist Health: CEO pay $2.3M, charity care 1.83% of expenses