Keith Okeson, CEO/President. Fiscal year ending 2025-09.
$578,049
CEO total compensation Form 990 Part VII, columns D+E+F
0.22%
of expenses spent on charity care Schedule H Part I line 7a
342.0%
CEO pay as a share of all charity care
In the most recent filing year, Keith Okeson’s reported compensation was $578,049. The system’s charity care for the same year was $169,000. One person’s reported compensation was 3.4 times what the system gave to every patient who could not pay.
§1The filing
Total revenue
$81,457,182
Total expenses
$76,405,869
Net assets
$113,487,273
Employees
680
Hospitals covered
1 facilities across 1 filing
Charity care, net
$169,000
Bad debt
$3,064,894
Medicare surplus (shortfall), as filed
($62,344)
CEO pay from the organization (Part VII col. D)
$532,099
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$45,950
CEO total compensation (D+E+F)
$578,049 to Keith Okeson
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.
What the system reported as total community benefit (Schedule H line 7k)$8.3MOf which charity care to patients who could not pay (line 7a)$169,000 (2%)
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($3.1M) 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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Lifecare Medical Center reported $578,049 in compensation for chief executive Keith Okeson in the fiscal year ending 2025-09. It spent 0.22% of expenses on charity care, $169,000. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/lifecare-medical-center-41-1804205.html
