Shore Health System Inc

Organization Overview

Shore Health System Inc is located in Easton, MD. The organization was established in 2004. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Shore Health System Inc employed 1,911 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shore Health System Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Shore Health System Inc generated $280.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $235.4m during the year ending 06/2020. While expenses have increased by 0.1% per year over the past 6 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

SHORE HEALTH SYSTEM (SHS) IS A REGIONAL, NOT-FOR-PROFIT NETWORK OF INPATIENT AND OUTPATIENT SERVICES WITH FACILITIES IN TALBOT, DORCHESTER, CAROLINE, AND QUEEN ANNE'S COUNTIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SHS IS A 169 LICENSED BED COMMUNITY HOSPITAL PROVIDING A FULL RANGE OF INPATIENT AND OUTPATIENT CLINICAL SERVICES TO THE MARYLAND MID-SHORE AREA; INCLUDING GENERAL HOSPITAL, EMERGENCY, AND SPECIALIZED SERVICES AS WELL AS OUTPATIENT CENTERS FOR PRIMARY CARE, DIAGNOSTICS, TREATMENT, EDUCATION, AND REHABILITATION. SHS OFFERS FREE EDUCATION PROGRAMS AND SERVICES TO PROMOTE HEALTH AWARENESS IN THE COMMUNITY. DURING FY 2021, SHS PROVIDED CARE FOR 7,096 INPATIENTS RESULTING IN 35,302 DAYS OF PATIENT CARE, TREATED 52,163 PATIENTS IN THE ER, AND PERFORMED 8,218 SURGERIES IN THE OR. SHS' ANCILLARY SERVICE DEPARTMENTS REALIZED 262,418 OUTPATIENT ENCOUNTERS. HOME HEALTH/HOSPICE SERVICES WERE PROVIDED TO 843 PATIENTS IN 13,007 NURSING VISITS. SHS' MISSION STATEMENT IS "TO EXCEL IN QUALITY CARE AND PATIENT SATISFACTION". ITS STRATEGIC PRINCIPLE IS "EXCEPTIONAL CARE, EVERY DAY", AND ITS VALUES STATEMENT IS "EVERY INTERACTION WITH ANOTHER IS AN OPPORTUNITY TO CARE". AS A PART OF ITS MISSION, SHS PROVIDES CHARITY CARE TO PATIENTS UNABLE TO PAY, PROVIDING MORE THAN $3.9 MILLION OF CHARITY CARE IN FY 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Md Emergency Medicine Network
Physician Services
$4,197,198
Shore-bayy Hospitalist Assoc
Physician Services
$3,965,845
Tidewater Anesthesia Assoc
Anesthesia Services
$2,127,096
Marshall Craft Assoc
Architect & Eng Svc
$1,514,996
Chesapeake Contracting Grp Inc
Architect & Eng Svc
$7,023,615
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$20,349,664
Investment income $840,839
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$1,658,435
Net Gain/Loss on Asset Sales $1,452,281
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $280,241,666

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Shore Health System Inc has recieved totaling $37,250.

Awarding OrganizationAmount
Bosom Buddies Charities Inc

Stevensville, MD

PURPOSE: STERITACTIC BIOPSY E

$28,000
Alliance Nctn Foundation

Chicago, IL

PURPOSE: INSTITUTIONAL SUPPORT FOR CANCER RESEARCH

$9,250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,404,542
Ending Balance$2,404,542

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