Official Seal, Everything Is Broken (2026)

Everything Is Broken

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

Pennsylvania · Ranked 9 of 1033 by CEO pay.

UPMC

Leslie C Davis, President & CEO. Fiscal year ending 2025-06.

$13.3M
CEO total compensation
Form 990 Part VII, columns D+E+F
0.51%
of expenses spent on charity care
Schedule H Part I line 7a
8.7%
CEO pay as a share of all charity care

Also listed with a chief executive title in the same filings: Diane Holder, EVP, Pres Ins Svc & CEO Hplan, $5,504,768. Where a chief executive retired during the year, the filing reports the final-year payout.

§1The filing

Total revenue
$30,348,523,096
Total expenses
$29,967,885,458
Net assets
$12,730,602,155
Employees
97,353
Hospitals covered
46 facilities across 1 filing
Charity care, net
$152,702,280
Bad debt
$133,939,804
Medicare surplus (shortfall), as filed
($1,142,423,359)
CEO pay from the organization (Part VII col. D)
$12,586,076
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$737,944
CEO total compensation (D+E+F)
$13,324,020 to Leslie C Davis

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, UPMC, EIN 20-8295721, fiscal year ending 2025-06, 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)$1.7B Of which charity care to patients who could not pay (line 7a)$152.7M (9%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($133.9M) 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.

§Share

UPMC: CEO pay $13.3M, charity care 0.51% of expenses