LOUISIANA CHILDRENS MEDICAL CENTER
200 HENRY CLAY AVENUE, NEW ORLEANS, LA 701185720 wwww.lcmchealth.org

Total Revenue
$382,718,243
Total Expenses
$387,072,961
Net Assets
$1,642,532,000

Organizations Filed Purposes: THE PRIMARY PURPOSE OF LCMC IS TO CREATE, MAINTAIN, AND GROW HEALTH CARE SERVICES IN THE GREATER NEW ORLEANS AREA CONSISTENT WITH ITS OPERATION OF WEST JEFFERSON MEDICAL CENTER AND THE CHARITABLE MISSION OF THE LCMC AFFILIATES. LCMC PROVIDES SUPPORT AND MANAGEMENT SERVICES TO THE SYSTEM ENTITIES SO THAT THE ENTITIES IN TURN CAN FOCUS THEIR EFFORTS ON CARRYING OUT THEIR EXEMPT PURPOSES.

LOUISIANA CHILDREN'S MEDICAL CENTER (LCMC) IS A LOUISIANA NON-STOCK NOT-FOR-PROFIT CORPORATION THAT WAS INCORPORATED IN 2009, WITH ITS FOUNDING MEMBER BEING CHILDREN'S HOSPITAL (CHILDREN'S). THROUGH A HEALTH CARE SYSTEM AGREEMENT (SYSTEM AGREEMENT) BETWEEN LCMC, CHILDREN'S, TOURO INFIRMARY AND ITS SUBSIDIARIES (TOURO), AND COOPERATIVE ENDEAVOR AGREEMENTS (CEAS) WITH UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION (UMCMC) AND WEST JEFFERSON HOLDINGS, LLC (WEST JEFFERSON), THESE PARTIES HAVE DETERMINED THAT TOGETHER THEY CAN PROVIDE A MULTI-HOSPITAL, NOT-FOR-PROFIT COMMUNITY-BASED, SYSTEM THAT WILL PROVIDE A CONTINUUM OF CARE TO THE FAMILIES OF THE GULF SOUTH REGION. LCMC, CHILDREN'S, TOURO, UMCMC, AND WEST JEFFERSON ARE HEREINAFTER COLLECTIVELY REFERRED TO AS THE SYSTEM. LCMC FUNCTIONS AS THE SYSTEM PARENT WITH RESERVE POWERS TO BE EXERCISED TO PROMOTE THE BEST INTERESTS OF THE SYSTEM AND ITS AFFILIATES. ALL CORPORATE POWERS OF THE SYSTEM ARE VESTED IN THE BOARD OF TRUSTEES OF LCMC. CHILDREN'S PROVIDES COMPREHENSIVE PEDIATRIC HEALTHCARE THAT MEETS THE SPECIAL NEEDS OF CHILDREN THROUGH EXCELLENCE AND CONTINUOUS IMPROVEMENT OF PATIENT CARE, EDUCATION, AND RESEARCH. TOURO, FORMED IN 1852, SERVES THE GREATER NEW ORLEANS COMMUNITY AS A PREMIER, DIVERSE, MULTI-SPECIALTY HOSPITAL, CARING FOR THE SICK REGARDLESS OF RACE, COLOR, CREED, RELIGIOUS AFFILIATION, OR ABILITY TO PAY. UMCMC OPERATES UNIVERSITY MEDICAL CENTER IN NEW ORLEANS (UMC). UMCMC IS A PROVIDER OF CHARITY CARE FOR THE UNINSURED AND PLAYS A VITAL ROLE AS A STATEWIDE REFERRAL CENTER FOR PATIENTS IN NEED OF TERTIARY CARE. UMCMC ALSO PROVIDES MEDICAL AND ALLIED HEALTH TRAINING THROUGH ITS AFFILIATION WITH ACADEMIC INSTITUTIONS TO STRENGTHEN AND ENHANCE OPPORTUNITIES TO ACHIEVE THE STATE'S MEDICAL EDUCATION, CLINICAL CARE, AND RESEARCH GOALS.IN TAX YEAR 2019, LCMC AND ITS AFFILIATES PROVIDED TOTAL COMMUNITY BENEFIT EXPENSE OF $737.2 MILLION. THIS AMOUNT REPRESENTED 46% OF THE AFFILIATES COMBINED TOTAL EXPENSE. LCMC AND ITS AFFILIATES PROVIDES SERVICES TO MANY LOW-INCOME RESIDENTS OF THE GREATER NEW ORLEANS AREA. IN 2019, $516.5 MILLION IN EXPENSE (32.4% OF THE AFFILIATES COMBINED TOTAL EXPENSE) WAS INCURRED IN PROVIDING SERVICES FOR MEDICAID RECIPIENTS AND IN PROVIDING FINANCIAL ASSISTANCE. TOURO, CHILDREN'S, AND OTHER HEALTH CARE PROVIDERS IN LOUISIANA HAVE COLLABORATED WITH THE STATE AND UNITS OF LOCAL GOVERNMENT IN LOUISIANA, TO MORE FULLY FUND THE MEDICAID PROGRAM AND ENSURE THE AVAILABILITY OF QUALITY HEALTHCARE SERVICES FOR THE LOW INCOME AND NEEDY RESIDENTS IN THE COMMUNITY POPULATION. THE PROVISION FOR THIS CHARITY CARE DIRECTLY TO LOW INCOME AND NEEDY PATIENTS WILL RESULT IN THE ALLEVIATION OF THE EXPENSE OF PUBLIC FUNDS THE GOVERNMENTAL ENTITIES PREVIOUSLY EXPENDED ON SUCH CARE, THEREBY ALLOWING THE GOVERNMENTAL ENTITIES TO INCREASE SUPPORT FOR THE STATE MEDICAID PROGRAM UP TO THE FEDERAL MEDICAID UPPER PAYMENT LIMITS (UPL). EACH STATE'S METHODOLOGY MUST COMPLY WITH ITS STATE PLAN AND BE APPROVED BY THE CENTERS FOR MEDICARE & MEDICAID SERVICES (CMS). FEDERAL MATCHING FUNDS ARE NOT AVAILABLE FOR MEDICAID PAYMENTS THAT EXCEED UPLS. IN TAX YEAR 2018, TOURO AND CHILDREN'S RECEIVED UPL PAYMENTS OF APPROXIMATELY $48.8 MILLION AND $103.1 MILLION RESPECTIVELY, WHICH ARE INCLUDED IN DIRECT OFFSETTING REVENUE ON PART I, LINE 7B IN SCHEDULE H OF THE RESPECTIVE HOSPITAL'S 990S. IN TAX YEAR 2018, WEST JEFFERSON INCLUDED APPROXIMATELY $9.2 MILLION OF ITS UPL RECEIPTS AS DIRECT OFFSETTING REVENUE ON PART I, LINE 7B IN SCHEDULE H OF THE RESPECTIVE 990.

THE HOSPITAL PROVIDES INPATIENT, OUTPATIENT, EMERGENCY AND CRITICAL CARE, HOME HEALTH, AND REHABILITATION SERVICES. THE HOSPITAL HAS A TOTAL OF 419 LICENSED PATIENT BEDS. THE HOSPITAL TREATED 10,299 INPATIENTS AND HAD 57,668 OUTPATIENT VISITS DURING 2019. THERE WERE 8,008 SURGERIES (INPATIENT, OUTPATIENT, AND AMBULATORY SURGERY CENTER), 51,993 EMERGENCY DEPARTMENT VISITS AND 1,080 BABIES DELIVERED.

COMMUNITY HEALTH SERVICES AND COMMUNITY BENEFIT OPERATIONS PROVIDE FREE HEALTH EDUCATION PROGRAMS AND SCREENINGS TO THE COMMUNITY. THESE PROGRAMS ARE DESIGNED TO FOCUS ON SOME OF THE MOST PREVALENT DISEASES WITHIN THE COMMUNITY, SUCH AS DIABETES, HEART DISEASE AND CANCER. THESE PROGRAMS ADDRESS PREVENTION, EARLY DETECTION, TREATMENT AND MAINTAINING HEALTHY LIFESTYLES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Gregory C FeirnBOARD MEMBER, CEO46$1,767,718
William MastertonCEO, ADULT HOSPITAL MARKET55$1,636,293
John Heaton MdPRESIDENT - CLINICAL AND S55$929,559
Suzzane HaggardCHIEF REVENUE OFFICER55$707,569
Damon M DietrichCHIEF MED INFORMATION OFFI55$501,091
Robert ChugdenPHYSICIAN40$481,457
Charles Ballay IiPHYSICIAN40$477,764
Jody MartinSR. LEGAL COUNSEL55$468,529
Tanya KennedySVP,CHIEF INFORMATION OFFICER55$462,002
Nelly AounPHYSICIAN40$451,316
Chad CourregeSVP - HUMAN RESOURCES55$432,531
Eugenio Labadie-BelendezPHYSICIAN40$424,492
Clifton S Nicholson-UhlPHYSICIAN40$409,950
Christine AlbertSVP - MARKETING & COMMUNIC55$347,514
Ayame DinklerCHIEF ADMINISTRATIVE OFFICER50$342,339
Nancy CassagneCEO - WEST JEFFERSON HOLDI55$337,787
Jennifer B SarpaliusCHIEF FINANCIAL OFFICER50$312,394
Scott C LandrySVP, FACILITIES & SUPPORT SERVICES55$298,393
Paolo ZambitoEVP - STRATEGY55$277,373
Robert CalhounCEO - WEST JEFFERSON HOLDI55$187,670
Lisa GoreCHIEF CLINICAL OFFICER0$114,602
Reuben ChrestmanBOARD MEMBER1$0
Stephen KauppermanBOARD MEMBER1$0
Knight Worley MdBOARD MEMBER1$0
Shondra WilliamsBOARD MEMBER1$0
A Whitfield Huguley IvBOARD MEMBER1$0
Monica Sylvain PhdBOARD MEMBER1$0
Anthoney Recasner PhdBOARD MEMBER1$0
William L MimelesBOARD MEMBER1$0
Hugh W Long PhdBOARD MEMBER1$0
Theodore Le ClergqBOARD MEMBER1$0
Alden McdonaldBOARD MEMBER1$0
Stephen Hales MdBOARD MEMBER1$0
Fank Divencenti MdBOARD MEMBER1$0
Hui Kim MdBOARD MEMBER1$0
Elwood F CahillBOARD MEMBER1$0
Harry Chip CahillBOARD MEMBER1$0
Ralph O BrennanBOARD MEMBER1$0
Joy BraunBOARD MEMBER1$0
Allan BissingerBOARD MEMBER1$0
Leonard Bok MdBOARD MEMBER1$0
Elaine AbellBOARD MEMBER1$0
Ruth KullmanBOARD SECRETARY/TREASURER1$0
Leon J ReymondBOARD VICE CHAIR1$0
Katie Andry CrosbyBOARD CHAIRMAN1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033219349302888_public.xml