Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

Pennsylvania · Ranked 509 of 1033 by CEO pay.

Holy Redeemer Health System

Michael B Laign, Board Member, President/CEO. Fiscal year ending 2025-06.

$798,107
CEO total compensation
Form 990 Part VII, columns D+E+F
0.42%
of expenses spent on charity care
Schedule H Part I line 7a
48.7%
CEO pay as a share of all charity care
Michael B Laign’s pay of $798,107 equals 48.7 percent of the $1,640,156 the system spent on charity care in the same year.

§1The filing

Total revenue
$401,837,400
Total expenses
$389,966,841
Net assets
$216,422,000
Employees
3,099
Hospitals covered
1 facilities across 1 filing
Charity care, net
$1,640,156
Bad debt
$10,067,020
Medicare surplus (shortfall), as filed
($6,540,749)
CEO pay from the organization (Part VII col. D)
$432,890
From related organizations (col. E)
$322,194
Other compensation, including deferred pay and nontaxable benefits (col. F)
$43,023
CEO total compensation (D+E+F)
$798,107 to Michael B Laign

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, Holy Redeemer Health System, EIN 23-1534300, fiscal year ending 2025-06, 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)$18.1M Of which charity care to patients who could not pay (line 7a)$1.6M (9%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($10.1M) 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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Holy Redeemer Health System: CEO pay $798,107, charity care 0.42% of expenses