Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $985,459

• 2a · Program service revenue: PHYSICIAN PRACTICE FEE

  total $217,580,981 · related or exempt $217,580,981

• 2b · Program service revenue: HOSPITAL REIMB PROGRAM

  total $116,593,869 · related or exempt $116,593,869

• 2c · Program service revenue: PRACTICE LEASE AGREEME

  total $65,104,015 · related or exempt $65,104,015

• 2d · Program service revenue: FUNDING-STRATEGIC GROW

  total $13,945,670 · related or exempt $13,945,670

• 2e · Program service revenue: AFF.CONTRACT SERVICES

  total $9,547,077 · related or exempt $9,547,077

• 2f · All other program service revenue

  total $20,873,026 · related or exempt $20,637,367 · unrelated business $235,659

• 3 · Investment income

  total $251,569 · excluded $251,569

• 7a · Gross sales of assets other than inventory

  securities $45,815,000

• 7b · Less cost or other basis and sales expenses

  securities $45,825,170

• 7c · Gain or loss

  securities -$10,170

• 7d · Net gain or loss

  total -$10,170 · excluded -$10,170

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $10,428,481 · program services $9,998,181 · management and general $430,300

• 6 · Compensation of disqualified persons

  total $1,329,619 · program services $1,274,756 · management and general $54,863

• 7 · Other salaries and wages

  total $333,599,700 · program services $319,834,723 · management and general $13,764,977

• 8 · Pension plan contributions

  total $84,880,992 · program services $81,378,636 · management and general $3,502,356

• 9 · Other employee benefits

  total $24,117,024 · program services $23,121,908 · management and general $995,116

• 10 · Payroll taxes

  total $18,403,561 · program services $17,644,194 · management and general $759,367

• 11a · Fees: management

  total $6,581,712 · management and general $6,581,712

• 11b · Fees: legal

  total $212,735 · management and general $212,735

• 11c · Fees: accounting

  total $71,140 · management and general $71,140

• 11g · Fees: other

  total $92,145,130 · program services $87,765,811 · management and general $4,379,319

• 13 · Office expenses

  total $2,157,739 · program services $2,068,706 · management and general $89,033

• 14 · Information technology

  total $222,236 · program services $213,066 · management and general $9,170

• 16 · Occupancy

  total $8,034,543 · program services $7,703,022 · management and general $331,521

• 17 · Travel

  total $210,341 · program services $201,662 · management and general $8,679

• 19 · Conferences, conventions and meetings

  total $127,172 · program services $121,925 · management and general $5,247

• 20 · Interest

  total -$3,758 · program services -$3,758

• 22 · Depreciation, depletion and amortization

  total $1,594,663 · program services $1,528,864 · management and general $65,799

• 23 · Insurance

  total $8,695,791 · program services $8,336,986 · management and general $358,805

• 24a · Other expenses: MEDICAL SUPPLIES

  total $2,844,499 · program services $2,844,499

• 24b · Other expenses: PHYSICIAN EXPENSE ALLOW

  total $2,724,692 · program services $2,607,322 · management and general $117,370

• 24c · Other expenses: RECRUITMENT

  total $1,486,597 · program services $1,425,257 · management and general $61,340

• 24d · Other expenses: DUES/MEMBERSHIPS

  total $1,467,222 · program services $1,406,682 · management and general $60,540

• 24e · All other expenses

  total $265,797 · program services $254,830 · management and general $10,967

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $1,346,374 · end of year $8,187,086

• 4 · Accounts receivable

  beginning of year $41,426,628 · end of year $47,608,037

• 9 · Prepaid expenses and deferred charges

  beginning of year $15,973,381 · end of year $13,850,551

• 10a · Land, buildings and equipment: cost or other basis

  $30,661,722

• 10b · Land, buildings and equipment: accumulated depreciation

  $23,540,887

• 10c · Land, buildings and equipment, net

  beginning of year $8,608,990 · end of year $7,120,835

• 14 · Intangible assets

  beginning of year $193,503 · end of year $0

• 15 · Other assets

  beginning of year $16,000,101 · end of year $22,323,318

• 17 · Accounts payable and accrued expenses

  beginning of year $77,264,903 · end of year $74,933,900

• 19 · Deferred revenue

  beginning of year $1,923,307 · end of year $2,413,823

• 25 · Other liabilities

  beginning of year $43,402,852 · end of year $68,946,409

• 27 · Net assets without donor restrictions

  beginning of year -$39,042,085 · end of year -$47,204,305

The filer's explanations (Part III)

PART I, LINE 3

THE HUMAN RESOURCES COMMITTEE OF BAYSTATE HEALTH, INC. (THE PARENT ORGANIZATION OF THE HEALTH CARE SYSTEM TO WHICH THE FILING ORGANIZATION BELONGS) HAS BEEN APPOINTED THROUGH BOARD RESOLUTION AS THE COMPENSATION COMMITTEE OF THE FILING ORGANIZATION. THIS COMMITTEE CONSISTS ENTIRELY OF INDIVIDUALS SERVING ON THE BOARD OF THE FILING ORGANIZATION. THE INDIVIDUALS RESPONSIBLE FOR DELIBERATING THE COMPENSATION ARRANGEMENT FOR THE PRESIDENT WOULD BE THOSE INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AND WOULD BE CONSIDERED INDEPENDENT FOR COMPENSATION DELIBERATION PURPOSES. THE COMPENSATION OF THE PRESIDENT IS ESTABLISHED BASED ON INFORMATION PROVIDED BY INDEPENDENT THIRD PARTY CONSULTANTS FOR REASONABLENESS AND APPROPRIATE COMPARABILITY DATA. THE COMPENSATION IS THEN ESTABLISHED, REVIEWED AND APPROVED BY THE DULY AUTHORIZED HUMAN RESOURCES COMMITTEE OF BAYSTATE HEALTH, INC. AND ALL SUCH DELIBERATIONS AND DECISIONS ARE DOCUMENTED CONTEMPORANEOUSLY.

PART I, LINE 4B:

ANDREW ARTENSTEIN, MD - SUPPLEMENTAL RETIREMENT OF $194,107 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $189,832 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. SCOTT BARNETT, MD - SUPPLEMENTAL RETIREMENT OF $5,268 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $1,439 EARNED AND PAID IN 2023 AND $3.829 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. THIS AMOUNT WAS EARNED AND PAID IN 2023. SUPPLEMENTAL RETIREMENT OF $4,269 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. CHARLOTTE BONEY, MD - SUPPLEMENTAL RETIREMENT OF $19,119 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $9.894 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. ELIZABETH BOYLE, MD - SUPPLEMENTAL RETIREMENT OF $9,991 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $5,716 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. RONALD P. BRYANT - SUPPLEMENTAL RETIREMENT OF $30,616 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $26,341 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. DAVID BULL, MD - SUPPLEMENTAL RETIREMENT OF $3,538 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. EDWARD FELDMANN, MD - SUPPLEMENTAL RETIREMENT OF $11,771 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $7,496 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. BENJAMIN FREDA, MD - SUPPLEMENTAL RETIREMENT OF $9,930 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $5,655 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. SETH GEMME, MD - SUPPLEMENTAL RETIREMENT OF $12,242 INCLUDED IN COLUMN B. THIS AMOUNT WAS EARNED AND PAID IN 2023. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. SARAH HAESSLER, MD - SUPPLEMENTAL RETIREMENT OF $7,111 INCLUDED IN COLUMN B. THIS AMOUNT WAS EARNED AND PAID IN 2023. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. KEVIN HINCHEY, MD - SUPPLEMENTAL RETIREMENT OF $11,038 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $6,763 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. NICHOLAS JABBOUR, MD - SUPPLEMENTAL RETIREMENT OF 33,852 IS INCLUDED IN COLUMN B. THIS AMOUNT WAS EARNED AND PAID IN 2023. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. KEISHA JONES, MD - SUPPLEMENTAL RETIREMENT OF $6,302 IS INCLUDED IN COLUMN B. THIS AMOUNT WAS EARNED IN 2023. SUPPLEMENTAL RETIREMENT OF $3,538 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. ASHRAF KHAN, MD - SUPPLEMENTAL RETIREMENT OF $34,907 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. BETTY K. LARUE - SUPPLEMENTAL RETIREMENT OF $26,941 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $22,666 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. LESLIE LYNESS, MD - SUPPLEMENTAL RETIREMENT OF $103,712 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $99,437 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. RAYMOND MCCARTHY - SUPPLEMENTAL RETIREMENT OF $190,955 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $186,680 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. AMRUTA MULEY, MD - SUPPLEMENTAL RETIREMENT OF $6,294 IS INCLUDED IN COLUMN B. THIS AMOUNT WAS EARNED AND PAID IN 2023. SUPPLEMENTAL RETIREMENT OF $4,676 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. DENNIS OH, MD - SUPPLEMENTAL RETIREMENT OF $78,211 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $73,936 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. NEILS K. RATHLEV, MD - SUPPLEMENTAL RETIREMENT OF $19,753 IS INCLUDED IN COLUMN B. THIS AMOUNT WAS EARNED AND PAID IN 2023. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. ANTHONY ROUSOU, MD - SUPPLEMENTAL RETIREMENT OF $35,943 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $31,668 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. SIAVASH SAADAT, MD - SUPPLEMENTAL RETIREMENT OF $52,698 IS INCLUDED IN COLUMN B. THIS AMOUNT WAS EARNED AND PAID IN 2023. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. HEATHER SANKEY, MD - SUPPLEMENTAL RETIREMENT OF $24,597 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $20,322 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. BARRY SARVET, MD - SUPPLEMENTAL RETIREMENT OF $14,629 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $10,354 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023.

ROBERT SCHAPIRO, MD - SUPPLEMENTAL RETIREMENT OF $34,089

IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $29,814 EARNED AND PAID IN 2023 AND $4,275 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. SUNDEEP M. SHUKLA, MD - SUPPLEMENTAL RETIREMENT OF $14,483 IS INCLUDED IN COLUMN B. THIS AMOUNT WAS EARNED AND PAID IN 2023. SUPPLEMENTAL RETIREMENT OF $4,950 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023. SAMUEL SKURA - SUPPLEMENTAL RETIREMENT OF $166,410 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2023.