Wind­fall for Joint Com­mis­sion

Net in­come up 170%; con­sult­ing arm’s in­come dives

Modern Healthcare - - Front Page - Mau­reen McKin­ney

Amid a strug­gling econ­omy, net in­come at the Joint Com­mis­sion was up con­sid­er­ably in 2009, while in­come at the af­fil­i­ated Joint Com­mis­sion Re­sources plum­meted.

The Joint Com­mis­sion, an Oak­brook Ter­race, Ill.-based ac­cred­i­ta­tion or­ga­ni­za­tion, saw its net in­come spike more than 170%, to $9.8 mil­lion last year from $3.6 mil­lion in 2008, ac­cord­ing to its In­ter­nal Rev­enue Ser­vice Form 990 for 2009, filed late last month.

That growth in net in­come was fu­eled by more than $2 mil­lion in grants and con­tri­bu­tions in 2009, as com­pared with zero re­ported in 2008, ac­cord­ing to the tax doc­u­ment. Also, the Joint Com­mis­sion’s re­ported fundrais­ing ex­penses dropped more than $4 mil­lion, to $33.7 mil­lion from $37.8 mil­lion in 2008.

Over­all rev­enue rose about 3% to $123.4 mil­lion from $120.1 mil­lion.

Joint Com­mis­sion of­fi­cials were un­avail- able for com­ment at dead­line.

To­tal com­pen­sa­tion for Joint Com­mis­sion Pres­i­dent and CEO Mark Chas­sin fell 15%, to $978,746 in 2009 from $1,153,356 in 2008.

Com­pen­sa­tion for other top em­ploy­ees in 2009 in­cluded $990,831 paid to Lynn Drag­isic, vice pres­i­dent; $762,174 paid to Paul Schyve, se­nior vice pres­i­dent; $658,885 paid to Ann Scott Blouin, ex­ec­u­tive vice pres­i­dent; $651,118 paid to Ge­orge Mor­ris, vice pres­i­dent; and $501,258 paid to Paige Rodgers, chief fi­nan­cial of­fi­cer. In ad­di­tion, the ac­cred­i­ta­tion or­ga­ni­za­tion re­ported $353,496 in com­pen­sa­tion for its re­tired pres­i­dent and CEO, Den­nis O’Leary.

Joint Com­mis­sion Re­sources, the ed­u­ca­tion and con­sult­ing arm of the Joint Com­mis­sion, re­ported a 70% de­crease in net in­come, to $692,540 in 2009 from $2.3 mil­lion in 2008, a change that came about as a re­sult of lower con­tri­bu­tions and grants, pro­gram ser­vice rev­enue and in­vest­ment in­come, ac­cord­ing to the tax form. JCR’s yearly rev­enue fell to $43,662,042 in 2009, down more than 15% from $51,601,446 the pre­vi­ous year.

To­tal com­pen­sa­tion for Karen Timmons, for­mer pres­i­dent and CEO of JCR and Joint Com­mis­sion In­ter­na­tional, rose to $3,290,646 in 2009 from $1,005,547 in 2008. Timmons left the or­ga­ni­za­tion in July, af­ter hold­ing the top spot for more than a decade.

Com­pen­sa­tion for other top em­ploy­ees at JCR in­cluded $608,676 paid to David Jaimovich, chief med­i­cal of­fi­cer; $318,582 paid to Jean Court­ney, chief fi­nan­cial of­fi­cer and chief of staff; and $291,446 paid to Anne Rooney, vice pres­i­dent of con­sult­ing ser­vices.

Chas­sin, left, saw his com­pen­sa­tion fall 15% in 2009, while Timmons’ to­tal com­pen­sa­tion rose to $3,290,646 from $1,005,547.

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