Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

New Mexico · Ranked 611 of 1033 by CEO pay.

Presbyterian Healthcare Services

Rishi Sikka MD, Director (President / CEO As Of 12/13/2024). Fiscal year ending 2024-12.

$601,204
CEO total compensation
Form 990 Part VII, columns D+E+F
2.30%
of expenses spent on charity care
Schedule H Part I line 7a
0.9%
CEO pay as a share of all charity care

The chief executive's title on the filing indicates a change during the year (DIRECTOR (PRESIDENT / CEO AS OF 12/13/2024)); the pay shown is what the filing reports for that person, which may cover part of the year.

Also listed with a chief executive title in the same filings: Dale Maxwell, CEO/ Director, $4,407,510. Where a chief executive retired during the year, the filing reports the final-year payout.

§1The filing

Total revenue
$2,898,794,768
Total expenses
$2,814,988,430
Net assets
$1,963,026,193
Employees
15,034
Hospitals covered
9 facilities across 1 filing
Charity care, net
$64,746,579
Bad debt
$28,303,051
Medicare surplus (shortfall), as filed
($277,079,384)
CEO pay from the organization (Part VII col. D)
$595,598
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$5,606
CEO total compensation (D+E+F)
$601,204 to Rishi Sikka MD

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, Presbyterian Healthcare Services, EIN 85-0105601, 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)$104.3M Of which charity care to patients who could not pay (line 7a)$64.7M (62%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($28.3M) 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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Presbyterian Healthcare Services: CEO pay $601,204, charity care 2.30% of expenses