Some Saint Thomas Salaries Soar

By Walter F. Roche Jr.

The former head of Saint Thomas Health got a 40 percent pay boost in the last fiscal year pushing his total income and benefit package to a little over $2.7 million, tax records show.
The tax return or 990 for Saint Thomas Health and related corporations show Michael Schatzlein's salary and benefits jumped by more than $700,000 in the fiscal year ending June 30, 2015. Saint Thomas officials released a copy of the return last week.
In addition to Schatzlein, who has since taken on the role of senior vice president for Ascension Health, Saint Thomas' parent, Karen Springer an executive vice president for Saint Thomas saw her pay and benefits boosted by more than $235,000 to a total of $824,355, also a 40 percent hike.
Other top earners, according to the return, include physicians Stephen Fahrig at $1,160,371, Vafa Mansour at $1,216,961 and Joseph Boyd at $1,226,903. James Baker 2nd's salary and benefits dipped to $1,039,214 from the prior year's total of $1,299,159, the return shows.
Saint Thomas Health, the parent for the five hospital Saint Thomas system reported revenue of $278.7 million with expenses of $283,974,446 for a more than $5 million deficit. That compares to a $15.4 million deficit at the end of the prior year.
Two Saint Thomas hospitals, however, showed substantial year end surpluses. Saint Thomas Midtown had revenue top expenses by nearly $48.2 million while Saint Thomas West reported revenue topping expenses by $56.2 million.
Both of those hospitals also reported year end balances in the prior fiscal year with Saint Thomas Midtown reporting a $39.6 million year end balance and Saint Thomas West reporting a $67.8 million year end total. 
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UPenn Doubles Loan to President

By Walter F. Roche Jr.

University of Pennsylvania President Amy Gutmann's pay dipped slightly in the last fiscal year but her loan from the university more than doubled to $1.2 million.
UPenn's tax return, known as a 990, shows that while Gutmann's salary and benefits dropped from $3.4 to $3.3 million most of the top paid university staffers saw steady pay increases for the fiscal year ending June 30, 2015.
Overall the university reported revenue of nearly $6.3 billion compared to $6 billion the previous year. Expenses totaled $5.36 billion compared to a little under $5.2 million in the prior year. The non-profit reported revenue of $457 million from the federal Medicare program for payment of care of patients at the Hospital of the University of Pennsylvania.
University officials released a public copy of the annual return in response to a request last week.
Gutmann, according to the return, owed the university $1.25 million on a loan at the end of the fiscal year, while a balance due of $700,000 was listed a year earlier. Gutmann is working under a renewed contract that keeps her at the school to 2019.
The top UPenn money earner for the fiscal year was surgeon  Dr. Thomas L. Spray with salary and benefits totaling nearly $8.4 million, a substantial jump from his $1.88 million total from the prior year.
Peter Quinn, senior vice president of the University of Pennsylvania Health Services (UPHS) had total salary and benefits of  a little over $2 million compared to $1.4 million the prior year.
Ralph Mullen, chief executive officer of UPHS collected $2.5 million in salary and benefits while Dr. N. Scott Adzick had $2.1 million.
Keith Kasper, chief financial officer for UPHS, had salary and benefits of nearly $1.3 million, up from $1.2 million the year before. UPenn executive vice president Craig Carnaroli collected salary and benefits totaling nearly $1.4 million while Larry Jameson, who holds the same title, collected more than $2.6 million.
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Vanderbilt Expenses Up 5.1 %, Revenue Climbs 11.8 %

By Walter F. Roche Jr.

Vanderbilt University's head football coach Derek Mason was paid a little over $2.5 million during his first year on the job while his predecessor James Franklin was paid $4 million during his last year in Nashville.
Mason's salary, along with other financial details were included in the tax return, known as a 990, filed recently by the university with the IRS for the fiscal year ending June 30, 2015.
Now departed basketball coach Kevin Stallings was paid $4.5 million during the fiscal year and he also collected $677,767 in deferred compensation.
Medical school dean, Dr. Jeffrey Balser collected $3.1 million in salary and benefits in addition to $1.3 million in deferred compensation. His total for the prior year was $1.9 million.
University Chancellor Nicholas Zeppos was paid a little under $1.6 million, down from $2.3 million the prior year.
Athletic Director and Vice Chancellor David Williams had salary and benefits totaling a little over $1 million, down by over $1 million from the year before.
Other top earners were Dr. Charles Pinson at $2.1 million and Vice Chancellor for Finance Brett Sweet at nearly $1.2 million. Anders Hall, vice chancellor for investments, drew $2.5 million in salary and benefits.
According to the tax return, expenses climbed by $205.3 million to nearly $4.2 billion, a 5.1 per cent increase. Revenues were up by nearly $500 million to $4.5 billion, a nearly 11.8 per cent jump.
Overall salaries and benefits were up 2 per cent to $2.3 billion.
Top contractor's, the return shows, included Turner Universal Construction of Brentwood, Tenn.with $15.1 million, followed by contractor Brasfield and Gorrie of Nashville with $13.4 million. The university paid $10.7 million to Air Methods Corp. of Englewood, CO for aircraft services.
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