Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

Georgia · Ranked 641 of 1033 by CEO pay.

Piedmont Cartersville Hospital

Lori Rakes, CEO & Board Member. Fiscal year ending 2025-06.

$549,687
CEO total compensation
Form 990 Part VII, columns D+E+F
6.55%
of expenses spent on charity care
Schedule H Part I line 7a
3.9%
CEO pay as a share of all charity care

§1The filing

Total revenue
$248,559,547
Total expenses
$217,369,410
Net assets
$486,704,229
Employees
1,185
Hospitals covered
1 facilities across 1 filing
Charity care, net
$14,240,709
Bad debt
$1,909,330
Medicare surplus (shortfall), as filed
($1,699,824)
CEO pay from the organization (Part VII col. D)
$499,546
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$50,141
CEO total compensation (D+E+F)
$549,687 to Lori Rakes

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, Piedmont Cartersville Hospital, EIN 87-0963633, fiscal year ending 2025-06, 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)$18.3M Of which charity care to patients who could not pay (line 7a)$14.2M (78%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($1.9M) 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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Piedmont Cartersville Hospital: CEO pay $549,687, charity care 6.55% of expenses