Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

Louisiana · Mississippi · Ranked 29 of 1033 by CEO pay.

Ochsner Clinic Foundation

Peter C November, CEO/Board Member. Fiscal year ending 2024-12.

$7.0M
CEO total compensation
Form 990 Part VII, columns D+E+F
1.00%
of expenses spent on charity care
Schedule H Part I line 7a
12.2%
CEO pay as a share of all charity care

Also listed with a chief executive title in the same filings: Robert Wolterman, CEO-Ss Region & Clinical Jvs, $1,401,008; Charles D Daigle, CEO-Baton Rouge & Lake Charles, $1,233,740; Timothy L Riddell MD, Brd Mbr/CEO-Ns & Ms Gc, $1,080,416. Where a chief executive retired during the year, the filing reports the final-year payout.

§1The filing

Total revenue
$6,038,885,387
Total expenses
$5,713,804,551
Net assets
$3,197,758,173
Employees
43,018
Hospitals covered
8 facilities across 1 filing
Charity care, net
$57,374,847
Bad debt
$146,440,394
Medicare surplus (shortfall), as filed
($10,505,270)
CEO pay from the organization (Part VII col. D)
$6,112,385
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$899,128
CEO total compensation (D+E+F)
$7,011,513 to Peter C November

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, Ochsner Clinic Foundation, EIN 72-0502505, fiscal year ending 2024-12, 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)$362.6M Of which charity care to patients who could not pay (line 7a)$57.4M (16%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($146.4M) 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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Ochsner Clinic Foundation: CEO pay $7.0M, charity care 1.00% of expenses