Albert Einstein Healthcare Network Group Letter Ruling

Albert Einstein Healthcare Network Group Letter Ruling Overview

Albert Einstein Healthcare Network Group Letter Ruling is located in Philadelphia, PA. The organization was established in 1984. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2020, Albert Einstein Healthcare Network Group Letter Ruling employed 10,828 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.

For the year ending 06/2020, Albert Einstein Healthcare Network Group Letter Ruling generated $1.3b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $1.3b during the year ending 06/2020. While expenses have increased by 3.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

AEHN GROUP IS LICENSED TO OPERATE 721 ACUTE CARE BEDS. TERTIARY CARE IS PROVIDED THROUGH THREE LOCATIONS, ITS MAIN CAMPUS IN NORTH PHILADELPHIA, ITS CAMPUS AT ELKINS PARK AND ITS CAMPUS AT MONTGOMERY COUNTY. IN ADDITION, ITS MAIN CAMPUS OPERATES A 24-HOUR LEVEL I TRAUMA CENTER WITH AN OPEN ADMISSIONS POLICY PROVIDING EMERGENCY SERVICES TO THE COMMUNITY.


AEHN GROUP PROVIDES HEALTH AND HEALING SERVICES TO THE COMMUNITIES IT SERVES AND TRAINS PHYSICIANS TO BE ACCOMPLISHED LEADERS THROUGH SCHOLARLY ACTIVITY, EXCELLENCE IN TEACHING AND PARTICIPATION IN RESEARCH.


AEHN GROUP IS LICENSED TO OPERATE 197 REHABILITATION BEDS. REHABILITATION SERVICES ARE PROVIDED IN A 17-BED SETTING ON ITS MAIN CAMPUS AND 50-BED SETTING AT FOUR OTHER HOSPITALS AND IN A 130-BED SETTING AT THE ELKINS PARK LOCATION.


AEHN GROUP IS LICENSED TO OPERATE 721 ACUTE CARE BEDS. TERTIARY CARE IS PROVIDED THROUGH THREE LOCATIONS, ITS MAIN CAMPUS IN NORTH PHILADELPHIA, ITS CAMPUS AT ELKINS PARK AND ITS CAMPUS AT MONTGOMERY COUNTY. IN ADDITION, ITS MAIN CAMPUS OPERATES A 24-HOUR LEVEL I TRAUMA CENTER WITH AN OPEN ADMISSIONS POLICY PROVIDING EMERGENCY SERVICES TO THE COMMUNITY.


AEHN GROUP PROVIDES HEALTH AND HEALING SERVICES TO THE COMMUNITIES IT SERVES AND TRAINS PHYSICIANS TO BE ACCOMPLISHED LEADERS THROUGH SCHOLARLY ACTIVITY, EXCELLENCE IN TEACHING AND PARTICIPATION IN RESEARCH.


AEHN GROUP IS LICENSED TO OPERATE 197 REHABILITATION BEDS. REHABILITATION SERVICES ARE PROVIDED IN A 17-BED SETTING ON ITS MAIN CAMPUS AND 50-BED SETTING AT FOUR OTHER HOSPITALS AND IN A 130-BED SETTING AT THE ELKINS PARK LOCATION.


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Albert Einstein Healthcare Network Group Letter Ruling Board, Officers & Key Employees

Albert Einstein Healthcare Network Group Letter Ruling Vendors

Vendor Name (Service)Compensation
Cerner Corproation
It Services
$24,400,094
Duffy Partners Phila Lawyers
Legal Services
$13,500,000
Aramark Healthcare Support Services
Contracted Services
$5,259,633
Apc Workforce Solutions Llc
Staffing Services
$4,936,546
Cerner Corproation
It Services
$24,400,094
Aramark Healthcare Technologies
Tech Maintenance Svc
$4,560,053
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,027,486
Related organizations$5,511,145
Government grants $16,108,200
All other contributions, gifts, grants, and similar amounts not included above$3,776,418
Noncash contributions included in lines 1a–1f $113,358
Total Revenue from Contributions, Gifts, Grants & Similar$26,423,249
Total Program Service Revenue$1,257,972,996
Investment income $56,929,528
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,846,826
Net Gain/Loss on Asset Sales $4,386,969
Net Income from Fundraising Events -$137,713
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,347,421,855

Endowment Analysis

Beg. Balance$129,582,000
Earnings-$897,595
Net Contributions$4,304,000
Other Expense$6,028,000
Ending Balance$126,960,405

Albert Einstein Healthcare Network Group Letter Ruling Peer Organizations

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