IRS Form 990 · EIN 56-1509260

Rex Hospital Inc

Raleigh, NC 27607-7505 · Tax year 2023

NTEE E22Specialty HospitalOriginal filing PDF →

$1.62B

Total revenue

$1.62B

Total expenses

$467K

Net income

0.0%

Operating margin

Financial summary

Compared to 19 organizations with NTEE E22 in NC

Avg revenue (peers)

$948.5M

This org:$1.62B

Avg net income (peers)

$2.3M

This org:$467K

Avg top exec comp (peers)

$1.6M

This org (highest):$1.9M

34 officers + key employees from the most recent Schedule J filing (FY2022; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
MATEEN AKHTAR MD	PHYSICIAN	60	$1.5M	$1.9M
JOSEPH M BUMGARNER MD	PHYSICIAN	60	$1.4M	$1.8M
JOSEPH M FALSONE MD	PHYSICIAN	60	$1.5M	$1.7M
MOHIT PASI MD	PHYSICIAN	60	$1.4M	$1.7M
RAJESH VAKANI MD	PHYSICIAN	60	$1.1M	$1.7M
ERNEST L BOVIO JR	DIRECTOR/PRESIDENT	59	$613K	$956K
SUSAN G MOORE	VP/UNC REX PHYSICIANS	59	$518K	$826K
RIG S PATEL MD	DIRECTOR	2	$740K	$819K
LINDA H BUTLER	VP/MEDICAL AFFAIRS & CMO	59	$461K	$715K
ANDREW K ZUKOWSKI	VP/CFO & TREASURER	59	$366K	$606K
KIRSTEN S RIGGS	VP/COO	59	$368K	$574K
ROBERT D RICKER	VP/PHYSICIAN SERVICES	59	$293K	$471K
ROY C TEMPKE	VP/CARE TRANSITIONS	59	$264K	$405K
TIMOTHY M HESTER	VICE PRESIDENT	59	$237K	$363K
DIANA G MASSA	VICE PRESIDENT	59	$219K	$343K
CHAD N ANDERSON	VICE PRESIDENT	59	$212K	$323K
JOEL D RAY	VP/PATIENT CARE SERVICES & CNO	59	$198K	$259K
MEGHAN E HOOLEY	ASST TREASURER & ASST SECT.	59	$172K	$230K
LORIE RHINE	VP/PATIENT CARE SERVICES & CNO	59	$41K	$42K
JASON T SANDNER	DIRECTOR	2	—	—
STEPHEN W BURRISS	DIRECTOR	2	—	—
MEERA UDAYAKUMAR MD	VP/MEDICAL AFFAIRS & CMO	59	—	—
TATE M BOMBARD	VP/GENERAL COUNSEL & SECRETARY	59	—	—
BENJAMIN J MATHEW	VP/CFO & TREASURER	59	—	—
ANN S COLLINS MD	DIRECTOR/CHAIRMAN	4	—	—

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2023	$1.62B	$1.62B	$467K	$1.82B
2022	$1.49B	$1.46B	$535K	$1.80B
2021	$1.33B	$1.33B	$-2.4M	$1.73B
2020	$1.24B	$1.25B	$199K	$1.59B
2019	$1.39B	$1.17B	$4.8M	$1.27B
2018	$1.15B	$1.11B	$2.9M	$1.05B
2017	$1.08B	$1.00B	$16.5M	$1.01B
2016	$1.06B	$939.5M	$3.6M	$929.5M
2015	$868.5M	$762.4M	$11.8M	$835.7M
2014	$724.4M	$698.5M	$4.2M	$754.6M

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