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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Health New England Inc.

Health New England Inc.

Fiscal year ending 2024. Filed on November 13, 2025.

One Monarch Place 1500
Springfield, Massachusetts 01144

Health New England Inc. (EIN: 04-2864973) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Health New England Inc., a 501(c)(4) civic league or social welfare organization, reported compensation for 17 out of 463 total employees. Among the employees shown here, the average compensation is $723,375. The highest compensated employee at Health New England Inc. is Peter Banko Start 6124 with fiscal year 2024 compensation of $1,747,717.

Revenue, expenses, and employee compensation

Revenue

$995,624,746

Expenses

$975,203,492

Employee compensation

$44,427,111
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Peter Banko Start 6124
Chair/Dir, PRES and CEO BH
$1,747,717
$0 $1,514,715 $233,002
Mark A Keroack M.D. Term 531
Chair/Dir, PRES and CEO BH
$1,587,699
$0 $1,554,650 $33,049
Richard Swift
Chief Executive Officer
$1,511,000
$1,058,502 No related comp$452,498
Raymond McCarthy
Director, Senior Vice President CFO Treas BH
$1,335,634
$0 $1,279,577 $56,057
Lisa M Cohen
Vice President and Chief Financial Officer
$852,778
$600,777 No related comp$252,001
Kate McIntosh
Chief Medical Officer
$788,990
$570,936 No related comp$218,054
Casey J Hossa
Chief Information Officer
$684,821
$490,024 No related comp$194,797
Susan O Connor
Vice President and General Counsel
$577,201
$415,734 No related comp$161,467
Shawn E Thamert
Vice President of Sales and Chief Growth Officer
$451,148
$309,505 No related comp$141,643
Tyler Hutchison
Chief Actuary, SR Director, Healthcare ECON
$420,614
$330,434 No related comp$90,180
Jason Rio
SR Director Revenue Assur. and RISK MGMT
$418,877
$331,478 No related comp$87,399
Sean Noone
SR Director, Chief of Operations
$398,350
$303,516 No related comp$94,834

Benchmark Employee Compensation

Non-Employee Board Members

Harriet Deverry
Director (Term 12/31/24)
Kathleen Oestreich
Director
Pia Flanagan
Director
Richard Beauchamp Steele
Director
Tania Barber
Director (Term 2/1/24)
William Webber
Director
Wyndolyn Bell, M.D.
Director

Contractors

Optumrx Inc.
Pharmacy Management
$276,513,369
Carelon Behavioral Health Inc.
Medical
$82,863,172
Berkshire Medical Center
Medical
$46,325,782
The Mercy Hospital Inc.
Medical
$33,202,529
The Cooley Dickinson Hospital
Medical
$28,701,187

Mission Statement

SEE SCHEDULE O

Revisions to this organization profile

November 13, 2025:
2024 Health New England Inc. 990 filed
November 5, 2024:
2023 Health New England Inc. 990 filed
November 14, 2023:
2022 Health New England Inc. 990 filed

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