Baptist Health South Florida CEO salary and executive pay
Baptist Health South Florida paid its CEO, Albert Boulenger, $5,597,018 for the fiscal year ending September 2025. That is up $1,411,120 (33.7%) from the fiscal year ending September 2024. Total revenue on that return was $1,433,239,151, up 6.8% from $1,342,504,676 for the fiscal year ending September 2024. Baptist Health South Florida ranks 53rd of 229 hospital systems on this site by CEO pay. Baptist Health South Florida has 4 Form 990 returns on record, for fiscal years ending 2022 to 2025.
Last updated from IRS e-file data. EIN 65-0267668, Coral Gables, FL.
CEO, fiscal year ending September 2025
$5,597,018
Also listed with a chief executive title on this filing: Alexandra Villoch (CEO - BHSF FOUNDATION), $1,653,546; Michael Zinner MD (CEO - MIAMI CANCER INSTITUTE), $2,322,726; Lincoln S Mendez (CEO - BOCA RATON REGIONAL HOSPITAL), $1,931,716; William G Ulbricht (CEO - BHM), $1,742,722; Lourdes Boue (CEO - WEST KENDALL BAPTIST HOSPITAL), $1,495,370.
- Total revenue
- $1,433,239,151
- CEO pay vs. peers
- Higher than 90%
Source: Form 990, fiscal year ending September 2025, IRS object ID 202612259349301731.View the filing
Peers: the 183 other hospital systems on this site. Ranked 19th of 184 by top pay as a share of revenue. Pay is 0.39% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.
The system's largest single return is filed separately by Baptist Hospital of Miami (EIN 59-0910342), so the revenue shown here is this return's own, not the whole system's.
Highest-paid people on the latest return
On the latest return, 13 people were paid more than $1 million and no one else more than $500,000.
| Name and title | Total |
|---|---|
| Albert Boulenger CEO PRESIDENT AND CEO | $5,597,018 |
| Matthew ArsenaultEVP / CFO | $2,640,780 |
| Michael Zinner MDCEO - MIAMI CANCER INSTITUTE | $2,322,726 |
| Glenn D WatersEVP / COO | $2,274,767 |
| Joe NatoliEVP / CAO | $2,182,166 |
Also paid on the latest return: Jack Ziffer MD (EVP / CCO), $2,162,284; Ana Lopez-Blazquez (EVP / CSO), $1,971,389; Lincoln S Mendez (CEO - BOCA RATON REGIONAL HOSPITAL), $1,931,716; William G Ulbricht (CEO - BHM), $1,742,722; Alexandra Villoch (CEO - BHSF FOUNDATION), $1,653,546; Adriene McCoy (SENIOR VP OF HR), $1,644,452; David Friedman (SENIOR VP / GENERAL COUNSEL), $1,589,383; Lourdes Boue (CEO - WEST KENDALL BAPTIST HOSPITAL), $1,495,370; Philomena Taylor (FORMER VP BUSINESS SYSTEMS), $367,756; Patricia Rosello (FORMER CEO - BAPTIST HOSPITAL OF MIAMI), $312,353; Lani Kahn Drody (TRUSTEE), $9,642; Albert Nahmad (TRUSTEE), $1,800; James Carr (TRUSTEE), $703; Bill R Tillett (TRUSTEE), $330; Jane Alonso (TRUSTEE), $51.
Also listed in Part VII of the latest return, with no pay reported: Aida Shafer (TRUSTEE), Brian Keeley (TRUSTEE), Calvin H Babcock (TRUSTEE), Carlos Curbelo (TRUSTEE), Carlos Lowell (TRUSTEE), Carmen Perez-Carlton (TRUSTEE), Charlie Martinez (TRUSTEE), Christine E Lynn (TRUSTEE), Ernie Diaz (TRUSTEE), Gary Becker MD (TRUSTEE - END 02/2025), George E Cadman III (TRUSTEE), I Jeffrey Pheterson Esq (TRUSTEE), Jana Sigars-Malina (TRUSTEE), Jay A Hershoff Esq (TRUSTEE), Jerri Devard (TRUSTEE), John Scott Weston (TRUSTEE), Karel Foti (TRUSTEE), Kate Black (TRUSTEE - END 06/2025), Maritza G Montiel (TRUSTEE), Rev Dr Gary Johnson (TRUSTEE), Rev Dr Marcos A Ramos (TRUSTEE), Rev Dr Richard Ledgister (TRUSTEE), Rev Dr Wadler Jules (TRUSTEE), Rev Dr William W White (TRUSTEE), Rev Erik Cummings (TRUSTEE), and 11 more.
CEO pay by year
Each row is the CEO on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Sep 2025 | Albert Boulenger CEO PRESIDENT AND CEO | $5,597,018 | $1,433,239,151 | Filing |
| Sep 2024 Amended | Albert Boulenger CEO President and CEO | $4,185,898 | $1,342,504,676 | Filing |
| Sep 2023 Amended | Albert Boulenger CEO President and CEO - Beg 10/2022 | $3,051,166 | $1,102,432,278 | Filing |
| Sep 2022 | Brian Keeley CEO CEO President | $3,225,968 | $1,802,830,265 | Filing |
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending September 2025.
Source: Form 990, fiscal year ending September 2025, IRS object ID 202612259349301731.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Albert BoulengerPRESIDENT AND CEO | $4,801,398 | $795,620 | $2,436,737 | $2,341,616 | $23,045 | $741,940 | $53,680 | $5,597,018 |
| Matthew ArsenaultEVP / CFO | $2,216,540 | $424,240 | $1,193,302 | $1,013,983 | $9,255 | $386,248 | $37,992 | $2,640,780 |
| Michael Zinner MDCEO - MIAMI CANCER INSTITUTE | $2,300,916 | $21,810 | $1,919,335 | $379,727 | $1,854 | $6,900 | $14,910 | $2,322,726 |
| Glenn D WatersEVP / COO | $2,149,692 | $125,075 | $1,302,937 | $824,761 | $21,994 | $85,258 | $39,817 | $2,274,767 |
| Joe NatoliEVP / CAO | $2,145,575 | $36,591 | $1,084,520 | $1,049,664 | $11,391 | $6,900 | $29,691 | $2,182,166 |
These figures come from Baptist Health South Florida'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 South Florida compares
Ranked 53rd of 229 hospital systems by CEO pay.
- Previous in this ranking: 52nd, Fairview Health Services, $5,659,485
- Next in this ranking: 54th, Texas Health Resources, $5,590,405
Closest in revenue among the hospital systems on this site:
Driscoll Children's Hospital$2,221,293 (CEO), fiscal year ending Aug 2025
Asante$1,586,721 (CEO), fiscal year ending Sep 2025
Cape Fear Valley Health$1,561,670 (CEO), fiscal year ending Sep 2024
SSM Health$7,886,813 (CEO), fiscal year ending Dec 2024
Southcoast Health$1,798,618 (CEO), fiscal year ending Sep 2025
Common questions
Albert Boulenger (PRESIDENT AND CEO) was paid $5,597,018 for the fiscal year ending September 2025: $4,801,398 from Baptist Health South Florida and $795,620 in other compensation (Part VII columns D and F).
The CEO, Albert Boulenger, was the highest-paid person on the latest return, at $5,597,018.
Baptist Health South Florida paid its CEO, Albert Boulenger, $5,597,018 for the fiscal year ending September 2025. That is up $1,411,120 (33.7%) from the fiscal year ending September 2024. The earliest return on record is for the fiscal year ending September 2022, when the CEO was Brian Keeley, paid $3,225,968. By fiscal year end: September 2022, $3,225,968 (Brian Keeley); September 2023, $3,051,166 (Albert Boulenger); September 2024, $4,185,898; September 2025, $5,597,018.
Baptist Health South Florida's return for the fiscal year ending September 2025 reports total expenses of $1,548,584,923 and total revenue of $1,433,239,151 (Part I, lines 18 and 12), so expenses exceeded revenue by $115,345,772. Expenses were $1,451,876,071 for the fiscal year ending September 2024, so they rose 6.7%. The CEO's pay of $5,597,018 equals 0.36% of expenses, our calculation.
From the 4 Form 990 returns Baptist Health South Florida filed with the IRS for fiscal years ending 2022 to 2025. The latest full-year return was filed on August 13, 2026. Schedule J of the fiscal year ending September 2025 return breaks down pay for all 5 people in the pay breakdown above.