Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

Kentucky · Indiana · Ranked 38 of 1033 by CEO pay.

Baptist Healthcare System

Gerard J Colman PhD, System President, CEO & Dir. Fiscal year ending 2025-08.

$5.8M
CEO total compensation
Form 990 Part VII, columns D+E+F
1.95%
of expenses spent on charity care
Schedule H Part I line 7a
6.9%
CEO pay as a share of all charity care

§1The filing

Total revenue
$4,712,737,148
Total expenses
$4,334,230,622
Net assets
$3,432,201,470
Employees
21,376
Hospitals covered
8 facilities across 1 filing
Charity care, net
$84,411,833
Bad debt
$11,224,236
Medicare surplus (shortfall), as filed
($190,805,680)
CEO pay from the organization (Part VII col. D)
$5,671,807
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$166,937
CEO total compensation (D+E+F)
$5,838,744 to Gerard J Colman PhD

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 Healthcare System, EIN 61-0444707, fiscal year ending 2025-08, 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)$357.4M Of which charity care to patients who could not pay (line 7a)$84.4M (24%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($11.2M) 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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Baptist Healthcare System: CEO pay $5.8M, charity care 1.95% of expenses