Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

Ohio · Ranked 261 of 1033 by CEO pay.

Miami Valley Hospital

Michael C Riordan, Trustee (To Jun) / Premier Pres/CEO. Fiscal year ending 2024-12.

$1.6M
CEO total compensation
Form 990 Part VII, columns D+E+F
1.28%
of expenses spent on charity care
Schedule H Part I line 7a
7.0%
CEO pay as a share of all charity care

Most of the reported compensation ($1,543,400 of $1,579,749) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$2,065,228,155
Total expenses
$1,780,469,016
Net assets
$843,036,883
Employees
13,848
Hospitals covered
5 facilities across 3 filings
Charity care, net
$22,728,000
Bad debt
$86,196,724
Medicare surplus (shortfall), as filed
($15,456,000)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$1,543,400
Other compensation, including deferred pay and nontaxable benefits (col. F)
$36,349
CEO total compensation (D+E+F)
$1,579,749 to Michael C Riordan

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, Miami Valley Hospital, EIN 31-0537504, 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)$351.8M Of which charity care to patients who could not pay (line 7a)$22.7M (6%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($86.2M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Miami Valley Hospital31-05375042024-12$1.6B$15.9M1.16%990
Atrium Medical Center31-10793092024-12$280.3M$4.8M1.94%990
Upper Valley Medical Center31-05370952024-12$180.0M$2.0M1.28%990

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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Miami Valley Hospital: CEO pay $1.6M, charity care 1.28% of expenses