New Jersey · Ranked 305 of 1033 by CEO pay.

Centrastate Medical Center

Thomas W Scott FACHE Fabc, Trustee-President/CEO. Fiscal year ending 2024-12.

$1.4M

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

1.79%

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

19.1%

CEO pay as a share of all charity care

Thomas W Scott FACHE Fabc’s pay of $1,384,071 equals 19.1 percent of the $7,236,796 the system spent on charity care in the same year.

§1The filing

Total revenue: $401,364,258
Total expenses: $404,959,341
Net assets: $282,853,800
Employees: 2,521
Hospitals covered: 1 facilities across 1 filing
Charity care, net: $7,236,796
Bad debt: $8,435,419
Medicare surplus (shortfall), as filed: ($33,685,360)
CEO pay from the organization (Part VII col. D): $1,317,453
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $66,618
CEO total compensation (D+E+F): $1,384,071 to Thomas W Scott FACHE Fabc

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, Centrastate Medical Center, EIN 22-1750190, 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)$23.1M Of which charity care to patients who could not pay (line 7a)$7.2M (31%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($8.4M) 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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Centrastate Medical Center: CEO pay $1.4M, charity care 1.79% of expenses

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Centrastate Medical Center reported $1,384,071 in compensation for chief executive Thomas W Scott FACHE Fabc in the fiscal year ending 2024-12. It spent 1.79% of expenses on charity care, $7,236,796. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/centrastate-medical-center-inc-22-1750190.html