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Hoag Memorial Hospital Presbyterian

Robert Braithwaite, President & CEO. Fiscal year ending 2024-12.

$3.9M

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

0.67%

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

32.2%

CEO pay as a share of all charity care

Robert Braithwaite’s pay of $3,921,506 equals 32.2 percent of the $12,168,766 the system spent on charity care in the same year.

§1The filing

Total revenue: $2,118,202,627
Total expenses: $1,828,685,559
Net assets: $3,373,182,825
Employees: 10,542
Hospitals covered: 2 facilities across 1 filing
Charity care, net: $12,168,766
Bad debt: $46,740,271
Medicare surplus (shortfall), as filed: ($160,085,505)
CEO pay from the organization (Part VII col. D): $3,865,063
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $56,443
CEO total compensation (D+E+F): $3,921,506 to Robert Braithwaite

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, Hoag Memorial Hospital Presbyterian, EIN 95-1643327, 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)$118.5M Of which charity care to patients who could not pay (line 7a)$12.2M (10%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($46.7M) 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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Hoag Memorial Hospital Presbyterian: CEO pay $3.9M, charity care 0.67% of expenses

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Hoag Memorial Hospital Presbyterian reported $3,921,506 in compensation for chief executive Robert Braithwaite in the fiscal year ending 2024-12. It spent 0.67% of expenses on charity care, $12,168,766. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/hoag-memorial-hospital-presbyterian-95-1643327.html