Medstar-Georgetown Medical Center Inc

Organization Overview

Medstar-Georgetown Medical Center Inc, operating under the name Medstar Georgetown University Hospital, is located in Washington, DC. The organization was established in 2000. 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, Medstar Georgetown University Hospital employed 5,374 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medstar Georgetown University Hospital 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, Medstar Georgetown University Hospital generated $1.2b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.1b during the year ending 06/2020. While expenses have increased by 1.9% 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

SEE SCHEDULE OTO PROVIDE PHYSICAL AND SPIRITUAL COMFORT TO OUR PATIENTS AND THEIR FAMILIES IN THE JESUIT TRADITION OF CURA PERSONALIS, CARING FOR THE WHOLE PERSON.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OMEDSTAR GEORGETOWN UNIVERSITY HOSPITAL'S LARGEST PROGRAM IS THE PROVISION OF ACUTE HOSPITAL SERVICES TO THE COMMUNITIES OF THE NORTHWEST WASHINGTON, D.C. AND THE SURROUNDING AREAS. IN ADDITION TO THE PROGRAM SERVICE EXPENSES LISTED ABOVE, MEDSTAR GEORGETOWN INCURRED $261.1M OF MANAGEMENT AND GENERAL EXPENSES IN PROVIDING SERVICES TO ITS COMMUNITIES. MEDSTAR GEORGETOWN'S CENTERS OF EXCELLENCE INCLUDE NEUROSCIENCES, TRANSPLANTATION, CANCER AND GASTROENTEROLOGY. THE HOSPITAL IS ONE OF A FEW CENTERS IN THE WORLD PROVIDING LIVING-DONOR LIVER TRANSPLANTATION. MEDSTAR GEORGETOWN'S NEUROSCIENCES PROGRAM IS RECOGNIZED AS AN ADVANCED PRIMARY STROKE CENTER BY THE JOINT COMMISSION AND IS A NATIONAL PARKINSON FOUNDATION CENTER OF EXCELLENCE FOR PARKINSON'S DISEASE AND OTHER MOVEMENT DISORDERS. MEDSTAR GEORGETOWN'S LOMBARDI COMPREHENSIVE CANCER CENTER IS ONE OF ONLY 52 CENTERS IN THE U.S., AND THE ONLY ONE DESIGNATED AS A COMPREHENSIVE CANCER CENTER BY THE NATIONAL CANCER INSTITUTE IN WASHINGTON, D.C. MEDSTAR GEORGETOWN WAS THE FIRST HOSPITAL IN WASHINGTON, D.C. TO ATTAIN MAGNET RECOGNITION BY THE AMERICAN NURSES CREDENTIALING CENTER (ANCC), AND NOW HAS ACHIEVED 4 CONSECUTIVE MAGNET DESIGNATIONS (2004, 2008, 2014, 2018). MEDSTAR GEORGETOWN IS IN THE PROCESS OF THE JOURNEY TOWARDS A FIFTH MAGNET DESIGNATION.SINCE MARCH 2020, MEDSTAR HEALTH HAS CARED FOR 1 IN 4 COVID-19 PATIENTS IN THE REGION. OPERATING AS ONE MEDSTAR AND ALIGNING WITH GUIDANCE FROM THE CENTERS FOR DISEASE CONTROL AND PREVENTION (CDC) AND LOCAL DEPARTMENTS OF HEALTH, MEDSTAR HEALTH COVID-19 PREPARATIONS AND RESPONSE ARE GUIDED BY THREE CRITICAL DRIVERS: PROVIDING A SAFE CARE ENVIRONMENT FOR PATIENTS AND ASSOCIATES; MITIGATING COMMUNITY SPREAD OF COVID-19; AND ENSURING OPERATIONAL CONTINUITY TO FULFILL OUR CORE MISSION OF CARING FOR OUR COMMUNITIES.THESE EFFORTS HAVE EVOLVED AND TRANSITIONED IN MULTIPLE WAY THROUGHOUT THE DURATION OF THE COVID-19 PANDEMIC, LEADING TO A NUMBER OF INTEGRATED CARE APPROACHES IN PLACE TODAY: UTILIZATION OF MEDSTAR HEALTH URGENT CARE, EVISITS AND OUR DIGITAL CAPABILITIES TO CREATE ACCESS, RAPID STAND-UP OF TESTING SITES, USE OF TELEHEALTH FOR PRIMARY CARE AND FOLLOW-UP VISITS, UTILIZATION OF MEDSTAR HEALTH HOME CARE TO SAFELY MANAGE THE CARE CONTINUUM NEEDS FOR PATIENTS, DEPLOYMENT OF INNOVATIVE LABORATORY APPROACHES INTEGRATED WITH OCCUPATIONAL HEALTH TO BETTER SUPPORT ASSOCIATES MANAGING THROUGH COVID-19 EXPOSURES, STAND-UP OF A BUDDY PROGRAM WHERE NON-CLINICAL ASSOCIATES TAKE SHIFTS TO PROVIDE SUPPORT SERVICES FOR NURSING AND CARE TEAMS, ESTABLISHMENT OF COMMUNITY MOBILE UNITS AND CLINICS FOR COVID-19 VACCINATIONS/BOOSTERS, SUPPLY AND MAINTAIN PERSONAL PROTECTIVE EQUIPMENT (PPE), N95 RESPIRATORS, COVID-19 VACCINES AND BOOSTERS, EXECUTION OF A MANDATORY COVID-19 VACCINATION POLICY RESULTING IN 99% OF ASSOCIATES AND PHYSICIANS VACCINATED AGAINST COVID-19, AND ADMINISTRATION OF MORE THAN 253,000 COVID-19 VACCINATIONS/BOOSTERS ACROSS THE REGION.


MEDSTAR GEORGETOWN UNIVERSITY HOSPITAL PROVIDED $83.6M IN HEALTH PROFESSIONS EDUCATION IN FISCAL YEAR 2021. THIS CATEGORY INCLUDES TRAINING IN GRADUATE MEDICAL EDUCATION, AND EDUCATION FOR PHYSICIANS, MEDICAL STUDENTS, NURSES, AND OTHER HEALTH PROFESSIONS.


MEDSTAR GEORGETOWN UNIVERSITY HOSPITAL PROVIDED $4.2M IN CHARITY CARE SERVICES IN FISCAL YEAR 2021. CHARITY CARE IS PROVIDED PURSUANT TO MEDSTAR HEALTH'S FINANCIAL ASSISTANCE POLICY TO MEMBERS OF THE COMMUNITY WHOSE INCOME IS BELOW CERTAIN THRESHOLDS AND FOR WHICH THE HOSPITAL IS NOT COMPENSATED.


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Board, Officers & Key Employees

Name (title)Compensation
Nadim Haddad MD
Director
$1,431,043
Michael C Sachtleben
President/director
$1,425,416
Matthew Cooper MD
Director
$782,730
Eileen Ferrell
Physician
$524,181
Mary Kay Sidawy MD
Director
$522,015
David Ho
Chief Financial Officer
$470,199

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Amn Healthcare Inc
Staffing Services
$11,293,030
Sodexo Inc & Affiliates
Food&facilities Mgmt
$3,179,373
Standard Parking Corp
Parking Services
$4,220,296
Rolyn Llc
Facilities Services
$2,802,894
Hks-shalom Baranes Joint Venture
Professional Svcs
$2,678,919
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$34,796,181
Investment income $660,837
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $603,998
Net Gain/Loss on Asset Sales $612,760
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,176,443,730

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Medstar-Georgetown Medical Center Inc has recieved totaling $5,658,672.

Awarding OrganizationAmount
Clark Charitable Foundation Inc

Bethesda, MD

PURPOSE: EARLY CHILDHOOD INNOVATION NETWORK

$2,500,000
Gerard B Lambert Foundation

Harrison, NY

PURPOSE: TO SUPPORT THE DEVELOPMENT OF A NEW GREEN SPACE

$1,333,333
Gerard B Lambert Foundation

Harrison, NY

PURPOSE: TO SUPPORT THE DEVELOPMENT OF A NEW GREEN SPACE

$666,667
Clark Charitable Foundation Inc

Bethesda, MD

PURPOSE: EARLY CHILDHOOD INNOVATION NETWORK

$250,000
Washington Home Inc

Washington, DC

PURPOSE: CRITICALLY ILL

$187,991
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: MEDICAL / PUBLIC SERVICES

$125,000
View Grant Recipient Profile

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