Baystate Health CEO salary and executive pay
Baystate Health paid its CEO, Peter D Banko, $1,747,717 for the fiscal year ending September 2025. On the return for the fiscal year ending September 2024, the CEO was Mark A Keroack MD, paid $2,758,272. Total revenue on that return was $1,900,731,020, up 4.7% from $1,815,067,023 for the fiscal year ending September 2024. Baystate Health ranks 192nd of 229 hospital systems on this site by CEO pay. All of Peter D Banko's reportable pay, $1,514,715, came from related organizations (column E). Baystate Health has 4 Form 990 returns on record, for fiscal years ending 2022 to 2025.
Last updated from IRS e-file data. EIN 04-2790311, Springfield, MA.
CEO, fiscal year ending September 2025
$1,747,717
Also listed with a chief executive title on this filing: Ronald P Bryant (PRES AND COO - BMC (AS OF 10/1/24)), $733,769.
- Total revenue
- $1,900,731,020
- CEO pay vs. peers
- Higher than 23%
Source: Form 990, fiscal year ending September 2025, IRS object ID 202602249349300600.View the filing
Peers: the 183 other hospital systems on this site. Ranked 141st of 184 by top pay as a share of revenue. Pay is 0.09% 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, 11 people were paid more than $500,000, 5 of them more than $1 million.
| Name and title | Total |
|---|---|
| Peter D Banko CEO TRUSTEE/PRESIDENT & CEO - BH | $1,747,717 |
| Mark A Keroack MDFORMER TRUSTEE/PRESIDENT & CEO - BH | $1,587,700 |
| Raymond McCarthySVP, CFO & TREAS BH (THRU 4/22/25) | $1,335,635 |
| Samuel SkuraFORMER PRESIDENT BMC, SVP | $1,189,673 |
| Nicolas Jabbour MDTRUSTEE/CHAIR DEPT. OF SURGERY | $1,117,486 |
Also paid on the latest return: Douglas Salvador MD (SVP/CQO BH, CMO BMC (THRU 10/23/24)), $874,876; Ronald P Bryant (PRES AND COO - BMC (AS OF 10/1/24)), $733,769; Wayne Duke MD (TTEE (THRU 12/31/24)/ASSOCIATE PATHOLOGIST), $615,290; Peter Lindenauer MD (CHAIR, HEALTHCARE DELIVERY & POPULATION SCIENCE), $518,175; Peter Friedmann MD ASSOC DEAN (CHIEF RES OFFICER (THRU 2/2/25)), $515,464; Joanne Miller (VP/CHIEF NURSING OFF. (THRU 9/12/25)), $514,627; Laurie Martin (CFO & TREASURER - BH (AS OF 4/22/25)), $442,605; Jasmine J Paadam MD (CIS PHYSICIAN LEADER), $379,018; Stuart Anfang MD (TTEE (AS OF 1/1/25)/CHIEF ADULT PSYCHIATRY), $371,810; Aaron J Michelucci (INTERIM SENIOR DIR. (THRU 5/16/25)), $369,190; Adam Garretson MD (CIS PHYSICIAN LEADER), $343,808; Kristin R Delaney (CLERK/DIRECTOR STRATEGY), $210,033; Akinyele K Lovelace Do (VICE CHAIR (AS OF 1/1/25)/TTEE/PER DIEM INTERNIST), $93,908; Nancy Remillard (ASST. CLERK OF THE CORP), $76,850; Sara Rourke MD (TTEE/PER DIEM URGENT CARE PHYSICIAN), $31,592.
Also listed in Part VII of the latest return, with no pay reported: Colleen W Holmes Vice Chair ((TO 1/1/25)/CHAIR (AS OF 1/1/25)/TRUSTEE), Antonio E Dos Santos (TRUSTEE), Claudia R Coplein Do (TRUSTEE), Denise R Jordan (TRUSTEE), Harriet A Deverry (TRUSTEE), Irene Rodriguez-Martin (TRUSTEE), Julie Quink (TRUSTEE), Keith Nesbitt (TRUSTEE (AS OF 1/1/25)), Linda Thompson (TRUSTEE), Madeline Landrau (TRUSTEE), Maria P Goncalves (TRUSTEE), Mark A O'Connell (TRUSTEE), Paul C Picknelly (TRUSTEE), Richard Bossie (TRUSTEE), Robert J Bacon (TRUSTEE (THRU 12/31/24)), Ruth H Constantine (TRUSTEE), William R Webber (TRUSTEE).
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 | Peter D Banko CEO TRUSTEE/PRESIDENT & CEO - BH | $1,747,717 | $1,900,731,020 | Filing |
| Sep 2024 | Mark A Keroack MD CEO TRUSTEE (THRU 6/3/24)/PRESIDENT & CEO - BH | $2,758,272 | $1,815,067,023 | Filing |
| Sep 2023 | Mark A Keroack MD CEO TRUSTEE/PRESIDENT & CEO - BH | $2,632,878 | $1,753,545,483 | Filing |
| Sep 2022 | Mark A Keroack MD CEO TRUSTEE/PRESIDENT & CEO, BH | $2,343,812 | $1,716,317,740 | 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 202602249349300600.View the filing
| Part VII | Schedule J | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Related | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Peter D Banko*TRUSTEE/PRESIDENT & CEO - BH | $0 | $1,514,715 | $233,002 | $0 | $0 | $0 | $0 | $0 | $0 |
| Schedule J, from related orgs | $988,761 | $514,000 | $11,954 | $214,052 | $18,950 | $1,747,717 | |||
| Mark A Keroack MD*FORMER TRUSTEE/PRESIDENT & CEO - BH | $0 | $1,554,650 | $33,050 | $0 | $0 | $0 | $0 | $0 | $0 |
| Schedule J, from related orgs | $782,776 | $461,744 | $310,130 | $18,975 | $14,075 | $1,587,700 | |||
| Raymond McCarthy*SVP, CFO & TREAS BH (THRU 4/22/25) | $0 | $1,279,577 | $56,058 | $0 | $0 | $0 | $0 | $0 | $0 |
| Schedule J, from related orgs | $719,349 | $309,758 | $250,470 | $29,325 | $26,733 | $1,335,635 | |||
| Samuel SkuraFORMER PRESIDENT BMC, SVP | $0 | $1,134,934 | $54,739 | $0 | $0 | $0 | $0 | $0 | $0 |
| Schedule J, from related orgs | $733,793 | $364,537 | $36,604 | $43,378 | $11,361 | $1,189,673 | |||
| Nicolas Jabbour MD*TRUSTEE/CHAIR DEPT. OF SURGERY | $1,055,742 | $0 | $61,744 | $792,778 | $172,092 | $90,872 | $22,425 | $39,319 | $1,117,486 |
| Schedule J, from related orgs | $0 | $0 | $0 | $0 | $0 | $0 | |||
These figures come from Baystate Health'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 Baystate Health compares
Ranked 192nd of 229 hospital systems by CEO pay.
- Previous in this ranking: 191st, Queen's Health Systems, $1,759,879
- Next in this ranking: 193rd, Lakeland Regional Health, $1,740,097
Closest in revenue among the hospital systems on this site:
UNC Rex Healthcare$495,574 (CEO), fiscal year ending Jun 2025
Main Line Health$3,302,622 (CEO), fiscal year ending Jun 2025
Children's National Hospital$2,644,721 (CEO), fiscal year ending Jun 2025
Kaleida Health$3,764,180 (CEO), fiscal year ending Dec 2024
Corewell Health$6,952,800 (CEO), fiscal year ending Dec 2024
Common questions
Peter D Banko (TRUSTEE/PRESIDENT & CEO - BH) was paid $1,747,717 for the fiscal year ending September 2025: $0 from Baystate Health, $1,514,715 from related organizations and $233,002 in other compensation (Part VII columns D, E and F).
The CEO, Peter D Banko, was the highest-paid person on the latest return, at $1,747,717.
Baystate Health paid its CEO, Peter D Banko, $1,747,717 for the fiscal year ending September 2025. On the return for the fiscal year ending September 2024, the CEO was Mark A Keroack MD, paid $2,758,272. The earliest return on record is for the fiscal year ending September 2022, when the CEO was Mark A Keroack MD, paid $2,343,812. By fiscal year end: September 2022, $2,343,812 (Mark A Keroack MD); September 2023, $2,632,878; September 2024, $2,758,272; September 2025, $1,747,717 (Peter D Banko).
Baystate Health's return for the fiscal year ending September 2025 reports total expenses of $1,785,127,944 and total revenue of $1,900,731,020 (Part I, lines 18 and 12), so revenue exceeded expenses by $115,603,076. Expenses were $1,771,546,779 for the fiscal year ending September 2024, so they rose 0.8%. The CEO's pay of $1,747,717 equals 0.10% of expenses, our calculation.
From the 4 Form 990 returns Baystate Health filed with the IRS for fiscal years ending 2022 to 2025. The latest full-year return was filed on August 12, 2026. Schedule J of the fiscal year ending September 2025 return breaks down pay for all 5 people in the pay breakdown above.