Cedars-Sinai Medical Center

Cedars-Sinai Medical Center Overview

Cedars-Sinai Medical Center is located in Los Angeles, CA. The organization was established in 1964. 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 06/2020, Cedars-Sinai Medical Center employed 15,167 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Cedars-Sinai Medical Center generated $3.8b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $3.3b during the year ending 06/2020. While expenses have increased by 2.5% 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.

Since 2015, Cedars-Sinai Medical Center has awarded 722 individual grants totaling $211,653,463. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING QUALITY HEALTHCARE IS OUR PRIORITY. WE ALSO IMPROVE HEALTH THROUGH BIOMEDICAL RESEARCH, EDUCATION AND COMMUNITY BENEFIT PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLINICAL CARE:A NONPROFIT INSTITUTION FOUNDED BY THE COMMUNITY IN 1902, CEDARS-SINAI PROVIDES A WIDE SPECTRUM OF MEDICAL SERVICES, AND IS ONE OF THE LEADING SPECIALTY REFERRAL CENTERS FOR THE REGION. FROM ONGOING PRIMARY CARE TO HIGHLY SPECIALIZED CARE, CEDARS-SINAI SERVES PATIENTS FROM LOCAL COMMUNITIES, AS WELL AS FROM THROUGHOUT CALIFORNIA, THE NATION AND THE WORLD.(SEE SCHEDULE O FOR CONTINUATION)(CONTINUED)IN FISCAL YEAR 2020, CEDARS-SINAI HAD 263,554 INPATIENT DAYS (APPROXIMATELY 722 PER DAY), AND 682,330 OUTPATIENT VISITS (APPROXIMATELY 1,870 PER DAY). THERE WERE 46,865 INPATIENT ADMISSIONS, AND 85,569 EMERGENCY DEPARTMENT VISITS. CEDARS-SINAI'S EMERGENCY DEPARTMENT SERVES THE ENTIRE REGION AS ONE OF ONLY FOUR REMAINING LEVEL I TRAUMA CENTERS IN LOS ANGELES COUNTY (AND THE ONLY ONE NOT OPERATED BY THE GOVERNMENT), WITH STAFFING AND TECHNOLOGY TO TREAT THE MOST SEVERELY INJURED ACCIDENT AND NATURAL DISASTER VICTIMS. AS ONE OF THE LARGEST ACADEMIC MEDICAL CENTERS IN THE WESTERN UNITED STATES, CEDARS-SINAI PROVIDES MANY HIGHLY SPECIALIZED SERVICES THAT ARE NOT AVAILABLE AT MOST OTHER HOSPITALS, AND WHICH REQUIRE A SIGNIFICANT INFRASTRUCTURE OF TECHNOLOGY AND EXPERT STAFFING. FOR EXAMPLE, IN CALENDAR YEAR 2020, CEDARS-SINAI PERFORMED 128 HEART TRANSPLANTS, AMONG THE MOST OF ANY HOSPITAL IN THE WORLD. PATIENTS WITH ADVANCED HEART DISEASE COME TO CEDARS-SINAI BECAUSE OF THE EXPERTISE OF ITS CARDIOLOGISTS AND CARDIAC SURGEONS, AND BECAUSE CEDARS-SINAI HAS THE INFRASTRUCTURE TO OFFER HEART TRANSPLANTS AS WELL AS NEWER TECHNOLOGIES TO TREAT ADVANCED HEART DISEASE. CEDARS-SINAI'S SERVICES FOR CANCER PATIENTS ARE SIMILARLY BROAD IN SCOPE AND SIZE. IN FISCAL YEAR 2020, CEDARS-SINAI CANCER SERVED 9,219 INPATIENTS AND 325,651 OUTPATIENTS, PERFORMED NEARLY 2,095 INPATIENT SURGERIES AND 3,869 OUTPATIENT SURGERIES, AND DELIVERED 57,642 INFUSIONS.CEDARS-SINAI STAFF CONTINUES TO PRESENT A UNITED FRONT AGAINST THE DEADLY VIRUS AS THEY SPEED THE SEARCH FOR NEW TREATMENTS AND PROVIDE COMPASSIONATE CARE TO PATIENTS FIGHTING COVID-19. IN FISCAL YEAR 2020, CEDARS-SINAI TREATED MORE THAN 2,000 COVID-19 PATIENTS. FROM ER NURSES TO PHARMACISTS, CARDIOLOGISTS TO PULMONOLOGISTS, JANITORS TO INVESTIGATORS - CEDARS-SINAI FRONTLINE WORKERS ARE CONFRONTING THE PANDEMIC TOGETHER. CEDARS-SINAI RAISED OVER $10 MILLION TOWARD COVID-19 RAPID RESPONSE AND GAVE OUT GRANTS TOTALING MORE THAN $4 MILLION TO LOCAL ORGANIZATIONS THAT ARE ADDRESSING ACCESS TO CARE, EMERGENCY RELIEF AND FOOD INSECURITY DURING THE PANDEMIC.THOUSANDS OF ANGELENOS DEPEND ON CEDARS-SINAI'S EXTENSIVE NETWORK OF COMMUNITY HEALTH PARTNERSHIPS AND PROGRAMS. DURING THIS CRUCIAL TIME, CEDARS-SINAI COMMUNITY HEALTH TEAMS HAVE PIVOTED TO SUPPORT LOCAL COVID-19 RELIEF EFFORTS. COACH FOR KIDS - A PROGRAM OF THE CEDARS-SINAI MAXINE DUNITZ CHILDREN'S HEALTH CENTER - HAS SHIFTED TO FOCUS ON VACCINATIONS FOR CHILDREN UNDER AGE 2 TO AVOID PREVENTABLE DISEASE OUTBREAKS AS WELL AS HELPING PROVIDE FREE BREAKFASTS IN WATTS. AND CEDARS-SINAI'S SHARE & CARE ART THERAPY PROGRAM HAS EXPANDED SERVICES TO LOS ANGELES UNIFIED SCHOOL DISTRICT (LAUSD) FAMILIES BY PROVIDING ONLINE MENTAL HEALTH SEMINARS.


RESEARCH:CEDARS-SINAI SCIENTISTS AND PHYSICIAN-RESEARCHERS WERE ENGAGED IN MORE THAN 2,000 ACTIVE RESEARCH PROJECTS AIMED AT ADVANCING NEW TREATMENTS FOR PATIENTS SUFFERING FROM HEART DISEASE, BRAIN DISORDERS, CANCERS AND INNUMERABLE OTHER CONDITIONS. CEDARS-SINAI IS ALSO PIONEERING RESEARCH THAT IMPROVES THE QUALITY AND EFFICIENCY OF HEALTHCARE DELIVERY. (SEE SCHEDULE O FOR CONTINUATION)(CONTINUED)WHILE SOME OF THESE RESEARCH PROJECTS ARE FUNDED IN PART OR IN WHOLE BY FUNDS FROM THE NATIONAL INSTITUTES OF HEALTH OR OTHER GOVERNMENT AGENCIES, MANY ARE FUNDED BY CEDARS-SINAI, ESPECIALLY SEED GRANTS TO SUPPORT INNOVATIVE NEW RESEARCH. IN FISCAL YEAR 2020, CEDARS-SINAI PROVIDED $99,213,981 TOWARD RESEARCH PROJECTS, WHILE NIH AND OTHER GRANTS PROVIDED $149,493,048.IN CEDARS-SINAI LABORATORIES AND CLINICS, INVESTIGATORS DEVELOP AND TEST NEW IDEAS, EXPLORE THE GENETIC UNDERPINNINGS OF DISEASE, REALIZE THE POTENTIAL OF STEM CELLS, LEVERAGE TECHNOLOGY, AND ASSESS HOW GENDER AND METABOLISM AFFECT HEALTH. CEDARS-SINAI PUSHES FORWARD THE FRONTIERS OF BIOMEDICAL KNOWLEDGE TO PIONEER PRECISION THERAPIES, NOVEL DIAGNOSTIC TOOLS AND SOPHISTICATED NEW SURGICAL TECHNIQUES TO ENHANCE THE LIVES OF MEN, WOMEN AND CHILDREN WORLDWIDE. IN FISCAL YEAR 2020, FOR EXAMPLE, CEDARS-SINAI HAD NEARLY 100 ACTIVE COVID-19 RELATED RESEARCH PROJECTS TO HELP END THE GLOBAL PANDEMIC.


TRAINING FOR PHYSICIANS AND OTHER HEALTH PROFESSIONALS:WITH SEVERE PROJECTED SHORTAGES OF PHYSICIANS, NURSES AND OTHER HEALTH PROFESSIONALS FACING THE NATION, CEDARS-SINAI'S TRAINING AND EDUCATION PROGRAMS HAVE BECOME MORE IMPORTANT TO THE HEALTH OF THE NATION THAN EVER BEFORE. IN FISCAL YEAR 2020, CEDARS-SINAI'S NET COST OF PROVIDING THESE TRAINING PROGRAMS WAS $73,517,685.(SEE SCHEDULE O FOR CONTINUATION)(CONTINUED)THERE WERE 300 MEDICAL RESIDENTS AND 149 FELLOWS TRAINED IN SPECIALTY AND SUBSPECIALTY AREAS AT CEDARS-SINAI IN FISCAL YEAR 2020. THE GRADUATE SCHOOL OF BIOMEDICAL SCIENCES BESTOWED A RECORD NUMBER OF ADVANCED DEGREES AT ITS EIGHTH ANNUAL COMMENCEMENT. FIVE DOCTORAL AND 24 MASTER'S DEGREES WERE AWARDED, BRINGING THE TOTAL NUMBER TO 94 SINCE THE PROGRAM'S FIRST COMMENCEMENT IN 2013.


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Cedars-Sinai Medical Center Board, Officers & Key Employees

Cedars-Sinai Medical Center Vendors

Vendor Name (Service)Compensation
Community Urgent Care Med Grp
Urgent Care Medical Services
$19,461,117
Dva Renal Healthcare Inc
Hemodialysis Services
$12,561,412
Ntt Data Services Llc
It Consulting Services
$7,566,515
Cross Country Staffing Inc
Patient-care Staffing Services
$8,702,617
Abm Parking Service
Parking Services
$7,221,923
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$654,889
Related organizations$0
Government grants $200,197,756
All other contributions, gifts, grants, and similar amounts not included above$180,844,759
Noncash contributions included in lines 1a–1f $13,674,295
Total Revenue from Contributions, Gifts, Grants & Similar$381,697,404
Total Program Service Revenue$3,301,918,165
Investment income $16,371,823
Tax Exempt Bond Proceeds $0
Royalties $28,474,284
Net Rental Income $0
Net Gain/Loss on Asset Sales $7,912,284
Net Income from Fundraising Events $10,170
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,778,033,612

Cedars-Sinai Medical Center Grants Awarded

Over the last fiscal year, Cedars-Sinai Medical Center has awarded $26,650,172 in support to 177 organizations.

Grant RecipientAmount

CALIFORNIA COMMUNITY FOUNDATION

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: GENERAL SUPPORT; HOMELESSNESS AND HOUSING GRANT

$6,100,000

UNITED WAY OF GREATER LOS ANGELES

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: AFFORDABLE HOUSING GRANT; COMMUNITY BENEFIT GRANT

$3,125,000

COMMUNITY CLINIC ASSOC LA (CCALAC)

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: TRAINING AND EDUCATION GRANT; COVID-19 RELIEF GRANT

$1,160,000

San Francisco, CA

PURPOSE: HEALTH AND WELLNESS GRANT; RESEARCH STUDY GRANT

$1,130,000

COMMUNITY PARTNERS

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: COMMUNITY BENEFIT GRANT; GENERAL SUPPORT

$1,035,000

THE LA FREE CLINIC DBA SABAN COMMUNITY CLINIC

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: HEALTH AND WELLNESS GRANT; COVID-19 RELIEF GRANT

$550,000
View Grant Profile

Cedars-Sinai Medical Center Grants Recieved

Over the last fiscal year, we have identified 33 grants that Cedars-Sinai Medical Center has recieved totaling $1,303,090.

Awarding OrganizationAmount
Pasadena Community Foundation

Pasadena, CA

PURPOSE: Oncology Fellowship Program

$200,000
Nancy Ann Mellen Foundation

East Haven, CT

PURPOSE: UNRESTRICTED

$200,000
Esper A Petersen Foundation

Grayslake, IL

PURPOSE: PROVIDE AFFORDABLE HEALTH CARE

$135,000
Esper A Petersen Foundation

Grayslake, IL

PURPOSE: PROVIDE AFFORDABLE HEALTH CARE

$135,000
Margaret E Early Medical Research Tr

Los Angeles, CA

PURPOSE: MEDICAL GRANT

$75,000
Margaret E Early Medical Research Tr

Los Angeles, CA

PURPOSE: MEDICAL GRANT

$75,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$867,508,124
Earnings$32,119,212
Net Contributions$36,483,139
Other Expense$12,740,032
Ending Balance$923,370,443

Cedars-Sinai Medical Center Peer Organizations

Organization NameAssets
Renown Regional Medical Center
Reno, NV
$918,236,960
Asante
Medford, OR
$928,596,728
St Charles Health System Inc
Bend, OR
$1,002,139,054
Eisenhower Medical Center
Rancho Mirage, CA
$887,259,076
Grossmont Hospital Corporation
San Diego, CA
$859,537,675
Santa Barbara Cottage Hospital
Santa Barbara, CA
$837,598,218
Pasadena Hospital Association Ltd
Pasadena, CA
$694,154,841
Torrance Memorial Medical Center
Torrance, CA
$710,062,691
Enloe Medical Center
Chico, CA
$675,267,384
Sky Lakes Medical Center Inc
Klamath Falls, OR
$679,891,837
Pomona Valley Hospital Medical Center
Pomona, CA
$677,656,158
Pih Health Hospital Whittier
Whittier, CA
$696,894,160

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