Beth Israel Lahey Health Pharmacy Inc

Organization Overview

Beth Israel Lahey Health Pharmacy Inc is located in Westwood, MA. The organization was established in 2019. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beth Israel Lahey Health Pharmacy 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 09/2021, Beth Israel Lahey Health Pharmacy Inc generated $210.6m in total revenue. All expenses for the organization totaled $210.6m during the year ending 09/2021. While expenses have increased by 92.0% per year over the past 4 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

THE BILH PHARMACY (PHARMACY) SUPPORTED PATIENTS OF ITS SISTER ENTITIES BETH ISRAEL DEACONESS MEDICAL CENTER, INC. (BIDMC) AND LAHEY CLINIC HOSPITAL (D/B/A LAHEY HOSPITAL & MEDICAL CENTER (LHMC)). THE PHARMACY SUPPORTED THE PATIENTS OF BOTH BIDMC AND LHMC BY PARTICIPATING IN THE FEDERAL 340B DRUG PROGRAM AND PROVIDING BIDMC PATIENTS WITH ACCESS TO MEDICATION REGARDLESS OF THEIR ABILITY TO PAY. THE PHARMACY PROVIDED CLOSE TO $2 MILLION IN DIRECT FINANCIAL ASSISTANCE AS PART OF ITS PATIENT ASSISTANCE PROGRAM.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Allcare Plus Pharmacy Inc
Consulting Services
$1,100,000
Now Delivery
Courier Services
$414,227
Alliance Detective & Security Service
Security Services
$266,604
Ug2 Llc
Housekeeping Services
$198,284
United Parcel Service
Shipping Services
$188,800
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$210,599,852
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $210,599,852

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