Baptist Health (Kentucky) CEO salary and executive pay
Baptist Health (Kentucky) paid its CEO, Gerard J Colman PhD, $5,838,744 for the fiscal year ending August 2025. That is up $2,320,833 (66.0%) from the fiscal year ending August 2024. Total revenue on that return was $4,712,737,148, up 8.7% from $4,336,531,405 for the fiscal year ending August 2024. Baptist Health (Kentucky) ranks 49th of 229 hospital systems on this site by CEO pay. Baptist Health (Kentucky) has 4 Form 990 returns on record, for fiscal years ending 2022 to 2025.
Last updated from IRS e-file data. EIN 61-0444707, Louisville, KY.
CEO, fiscal year ending August 2025
$5,838,744
- Total revenue
- $4,712,737,148
- CEO pay vs. peers
- Higher than 43%
Source: Form 990, fiscal year ending August 2025, IRS object ID 202642059349301034.View the filing
Peers: the 183 other hospital systems on this site. Ranked 105th of 184 by top pay as a share of revenue. Pay is 0.12% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.
Highest-paid people on the latest return
On the latest return, 8 people were paid more than $500,000, 6 of them more than $1 million.
| Name and title | Total |
|---|---|
| Gerard J Colman PhD CEO System President, CEO & Dir | $5,838,744 |
| Patrick FalveySystem Chief Operating Officer | $2,173,870 |
| Richard F CarricoCFO, Treasurer, VP | $1,666,118 |
| Isaac Myers MDChief Health Integration Officer | $1,362,425 |
| Janet NortonChief Legal Officer, VP, Secretary | $1,252,551 |
Also paid on the latest return: Angela Mannino (Chief HR, Marketing & Comm Officer), $1,149,135; Christopher Roty (Hospital President), $997,879; Tricia Julian (Chief Information Officer), $917,261; Alan Redditt (Director), $3,000; Bonnie Stith (Director), $3,000; Cory Hicks (Director), $3,000; Dwain Morris (Director), $3,000; Jennifer Thomas (Director), $3,000; Kerry M Stemler (Director), $3,000; Lewis Diaz (Director), $3,000; Linda J Thomas PhD (Director), $3,000; Robert L Hook Jr (Director (Through 12/1/24)), $3,000; Tammy Zimmerman (Director), $3,000; William B Shircliff (Director), $3,000; William Jeffrey Fultz (Director), $3,000.
Also listed in Part VII of the latest return, with no pay reported: Jonathan Westbrook (Director (Effective 1/1/25)), Kirsten Hawley (Director (Effective 1/1/25)).
CEO pay by year
Each row is the CEO on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Aug 2025 | Gerard J Colman PhD CEO System President, CEO & Dir | $5,838,744 | $4,712,737,148 | Filing |
| Aug 2024 | Gerard J Colman PhD CEO CEO & Director | $3,517,911 | $4,336,531,405 | Filing |
| Aug 2023 | Gerard J Colman CEO CEO & Director | $3,305,146 | $3,692,771,906 | Filing |
| Aug 2022 | Gerard J Colman CEO CEO & Director | $3,563,038 | $3,703,027,563 | Filing |
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending August 2025.
Source: Form 990, fiscal year ending August 2025, IRS object ID 202642059349301034.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Gerard J Colman PhDSystem President, CEO & Dir | $5,671,807 | $166,937 | $1,775,200 | $3,612,076 | $284,531 | $127,579 | $39,358 | $5,838,744 |
| Patrick FalveySystem Chief Operating Officer | $1,989,604 | $184,266 | $1,044,511 | $881,376 | $63,717 | $172,377 | $11,889 | $2,173,870 |
| Richard F CarricoCFO, Treasurer, VP | $1,615,014 | $51,104 | $849,088 | $487,888 | $278,038 | $13,800 | $37,304 | $1,666,118 |
| Isaac Myers MDChief Health Integration Officer | $1,320,485 | $41,940 | $721,949 | $463,321 | $135,215 | $13,800 | $28,140 | $1,362,425 |
| Janet NortonChief Legal Officer, VP, Secretary | $1,211,941 | $40,610 | $663,360 | $425,349 | $123,232 | $13,800 | $26,810 | $1,252,551 |
These figures come from Baptist Health (Kentucky)'s Form 990 returns, as the IRS publishes them. The methodology page explains how they're chosen. To report an error, email corrections@ceopaycheck.com.
How Baptist Health (Kentucky) compares
Ranked 49th of 229 hospital systems by CEO pay.
- Previous in this ranking: 48th, Northwell Health, $5,943,362
- Next in this ranking: 50th, Lehigh Valley Health Network, $5,806,648
Closest in revenue among the hospital systems on this site:
MaineHealth$2,618,396 (CEO), fiscal year ending Sep 2025
Atlantic Health$11,531,308 (CEO), fiscal year ending Dec 2024
Mount Sinai Health System$5,489,914 (CEO), fiscal year ending Dec 2024
Texas Children's Hospital$13,338,019 (CEO), fiscal year ending Sep 2025
MultiCare Health System$8,673,258 (CEO), fiscal year ending Dec 2024
Common questions
Gerard J Colman PhD (System President, CEO & Dir) was paid $5,838,744 for the fiscal year ending August 2025: $5,671,807 from Baptist Health (Kentucky) and $166,937 in other compensation (Part VII columns D and F).
The CEO, Gerard J Colman PhD, was the highest-paid person on the latest return, at $5,838,744.
Baptist Health (Kentucky) paid its CEO, Gerard J Colman PhD, $5,838,744 for the fiscal year ending August 2025. That is up $2,320,833 (66.0%) from the fiscal year ending August 2024. The earliest return on record is for the fiscal year ending August 2022, when the CEO was Gerard J Colman, paid $3,563,038. By fiscal year end: August 2022, $3,563,038 (Gerard J Colman); August 2023, $3,305,146; August 2024, $3,517,911; August 2025, $5,838,744.
Baptist Health (Kentucky)'s return for the fiscal year ending August 2025 reports total expenses of $4,334,230,622 and total revenue of $4,712,737,148 (Part I, lines 18 and 12), so revenue exceeded expenses by $378,506,526. Expenses were $3,883,349,938 for the fiscal year ending August 2024, so they rose 11.6%. The CEO's pay of $5,838,744 equals 0.13% of expenses, our calculation.
From the 4 Form 990 returns Baptist Health (Kentucky) filed with the IRS for fiscal years ending 2022 to 2025. The latest full-year return was filed on July 24, 2026. Schedule J of the fiscal year ending August 2025 return breaks down pay for all 5 people in the pay breakdown above.