Bridgeport Hospital is located in Bridgeport, CT. The organization was established in 1934. 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 09/2023, Bridgeport Hospital employed 4,191 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgeport 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 09/2023, Bridgeport Hospital generated $838.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $897.5m during the year ending 09/2023. While expenses have increased by 8.3% per year over the past 8 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AN ACUTE CARE HOSPITAL IN BRIDGEPORT, CONNECTICUT.
Describe the Organization's Program Activity:
SCHEDULE OA MEMBER OF YALE NEW HAVEN HEALTH SYSTEM ("YNHHS"), BRIDGEPORT HOSPITAL IS A NON-PROFIT 501-BED ACUTE CARE HOSPITAL WITH TWO CAMPUSES. ITS BRIDGEPORT AND MILFORD CAMPUSES SERVE PATIENTS FROM ACROSS THE REGION. IT IS HOME TO THE ONLY BURN CENTER IN CONNECTICUT AND FEATURES THE SECOND INPATIENT CAMPUS OF YALE NEW HAVEN CHILDREN'S HOSPITAL. YNHHS HAS A FORMAL CLINICAL AFFILIATION AGREEMENT WITH YALE UNIVERSITY SCHOOL OF MEDICINE ("YSM"), A DIVISION OF YALE UNIVERSITY, TO SUPPORT PATIENT CARE, FACULTY, MEDICAL EDUCATION AND CLINICAL RESEARCH. YNHHS IS ALSO CLINICALLY AFFILIATED WITH YSM'S CLINICAL PRACTICE YALE MEDICINE ("YM"), WHICH IS A DIVISION OF YALE UNIVERSITY. AN ACADEMIC AFFILIATE OF YSM, BRIDGEPORT HOSPITAL FOCUSES ON PROVIDING SAFE, COMPASSIONATE AND COST-EFFICIENT CARE TO ITS PATIENTS AND THE COMMUNITY.BRIDGEPORT HOSPITAL PERFORMED ITS 500TH TRANSAORTIC VALVE REPLACEMENT (TAVR). THIS MINIMALLY INVASIVE PROCEDURE HAS REPLACED TRADITIONAL OPEN-HEART SURGERY FOR MANY HEART VALVE REPLACEMENTS. THE BENEFITS OF TAVR, A CATHETER-BASED APPROACH, INCLUDES SMALLER INCISIONS, FASTER RECOVERY AND SHORTER HOSPITAL STAYS. A SIMILAR PROCEDURE CAN NOW BE USED TO REPAIR OR REPLACE FAULTY MITRAL VALVES IN THE HEART AS WELL.THE POSTPARTUM HEART CARE PROGRAM AT BRIDGEPORT HOSPITAL, ONE OF THE NORTHEAST'S FIRST, WAS RECOGNIZED FOR PROVIDING CARDIAC RISK REDUCTION STRATEGIES FOR NEW MOTHERS WITH PREECLAMPSIA, ECLAMPSIA OR GESTATIONAL HYPERTENSION. THE MULTI-DISCIPLINARY PROGRAM ACCEPTS ALL WOMEN REGARDLESS OF INSURANCE, PROVIDES CULTURALLY CONTEXTUALIZED AND INDIVIDUALIZED PLANS THAT INCLUDE NUTRITION CONSULTS, MENTAL HEALTH REFERRALS, MEDICATION MANAGEMENT AS WELL AS CONNECTIONS TO CARDIOLOGY AND PRIMARY CARE. OVER 80 PERCENT OF PARTICIPANTS ARE FROM UNDERSERVED PATIENT POPULATIONS. BRIDGEPORT HOSPITAL EARNED THE JOINT COMMISSION'S ADVANCED CERTIFICATION FOR TOTAL HIP AND KNEE REPLACEMENT. THIS CERTIFICATION DEMONSTRATES COMMITMENT TO THE HIGHEST LEVEL OF CARE AND SAFETY FOR PATIENTS. THE CERTIFICATION RECOGNIZES THE HOSPITAL AS A LEADER AND INNOVATOR IN JOINT REPLACEMENT SURGERY, EMPLOYING A FULL RANGE OF TECHNIQUES AND THERAPIES THAT PUT THE PATIENT FIRST AT EVERY STAGE OF TREATMENT, FROM DIAGNOSIS THROUGH TREATMENT AND RECOVERY. THE INPATIENT REHABILITATION UNIT AT THE BRIDGEPORT HOSPITAL MILFORD CAMPUS WAS RECOGNIZED AS A TOP PHYSICAL REHABILITATION CENTER BY NEWSWEEK, RANKED AMONG THE TOP 50 IN THE UNITED STATES AS WELL AS FOURTH IN THE NORTHEAST.RECOGNIZING THAT SAFE, QUALITY HEALTHCARE RESTS ON ENSURING THAT EVERYONE HAS A FAIR AND JUST OPPORTUNITY TO BE AS HEALTHY AS POSSIBLE, REGARDLESS OF RACE OR ETHNICITY, BRIDGEPORT HOSPITAL, AS PART OF YALE NEW HAVEN HEALTH, LAUNCHED THE WE ASK BECAUSE WE CARE CAMPAIGN, A MULTI-PHASED INITIATIVE TO IMPROVE THE EQUITY, QUALITY AND SAFETY OF PATIENT CARE.STUDIES SHOW THAT RACIAL AND ETHNIC MINORITY PATIENTS OFTEN FACE BARRIERS TO HEALTH CARE EXACERBATED BY CHALLENGES RELATED TO INSURANCE, TRANSPORTATION, EDUCATION AND SOCIOECONOMICS. DESIGNED TO ADDRESS THE NEEDS IN THE HISPANIC POPULATION, THE HISPANIC BREAST CANCER PROGRAM AT BRIDGEPORT HOSPITAL FOCUSES ON EDUCATION, PREVENTION AND OUTREACH TO THE HISPANIC POPULATION WHILE BREAKING DOWN MISCONCEPTIONS ABOUT TREATMENT AND MISTRUST OF PROVIDERS TO IMPROVE ACCESS TO CARE.BRIDGEPORT HOSPITAL AND ITS COMMUNITY PARTNERS RELEASED THE RESULTS OF ITS COMMUNITY HEALTH NEEDS ASSESSMENT (CHNA), WHICH IS CONDUCTED EVERY THREE YEARS. THE RESULTS ARE USED TO DEVELOP PROGRAMS AND SERVICES THAT TARGET THE SPECIFIC NEEDS OF THE COMMUNITIES. THE CHNA NOTED THAT FOOD INSECURITY IS AN ISSUE WITHIN COMMUNITIES SERVED. BRIDGEPORT HOSPITAL EMPLOYEES CONTRIBUTED TO THE SYSTEM-SUPPORTED FOOD DRIVE, GIVEHEALTHY, WHICH COLLECTED MORE THAN 8,650 POUNDS OF FOOD TO HELP COMBAT FOOD INSECURITY DURING THE 2023 CAMPAIGN. THE FARM STAND AT BRIDGEPORT HOSPITAL ALSO OFFERED RESIDENTS FRESH, LOCALLY GROWN PRODUCE WITH PRICES SUBSIDIZED THROUGH WIC FARMERS' MARKET NUTRITION PROGRAM PAYMENTS AND SNAP/EBT.COLLABORATING WITH THE MILFORD CT CHAPTER OF THE LINKS, BRIDGEPORT HOSPITAL PROVIDED HEALTHCARE SERVICES AND SCREENINGS AT THE BLACK FAMILY WELLNESS EXPO. STAFF OFFERED FREE BLOOD PRESSURE SCREENINGS AND INFORMATION ABOUT LUNG CANCER SCREENINGS, ATRIAL FIBRILLATION TREATMENT, MEN'S HEALTH AND INJURY PREVENTION.BRIDGEPORT HOSPITAL, WITH THE CITY OF BRIDGEPORT, OPENED STAFF WELLNESS ROOMS IN THE CITY'S EMERGENCY OPERATIONS CENTER. THE WELLNESS AREA, FURNISHED WITH EXERCISE EQUIPMENT, COMFORTABLE FURNITURE AND OTHER AMENITIES, IS A PLACE FOR THE FIRST RESPONDERS TO DECOMPRESS AND DE-STRESS BETWEEN EMERGENCY CALLS. THROUGHOUT 2023, IN ADDITION TO MANAGING THE EMERGENT NEEDS OF PATIENTS, STAFF AND COMMUNITY, BRIDGEPORT HOSPITAL DEMONSTRATED A STRONG COMMITMENT TO PATIENT CARE, CLINICAL QUALITY, PATIENT SAFETY AND FINANCIAL STEWARDSHIP TO THE PEOPLE AND COMMUNITIES IT SERVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vincent Petrini Trustee (current Yr Comp) | Trustee | 6 | $128,871 |
Vincent Petrini Trustee (vested Deferred) | Trustee | 6 | $517,836 |
Thomas Balcezak Trustee | Trustee | 1 | $0 |
Anne Diamond President/trustee | OfficerTrustee | 38 | $0 |
Francisco Garrido Physician | 37 | $1,069,502 | |
Pamela Scagliarini Chief Operating Officer | Officer | 38 | $783,918 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
United Security Inc Security Service | 9/29/23 | $7,547,926 |
Unitex Textile Rental Inc Laundering Service | 9/29/23 | $2,882,187 |
Vizient Inc Consulting Service | 9/29/23 | $4,255,325 |
Dillons Services Llc Waste Management Service | 9/29/23 | $1,376,238 |
Dva Renal Healthcare Inc Medicare/clinics Service | 9/29/23 | $1,244,641 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $3,673,733 |
Government grants | $7,922,980 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $3,182,400 |
Total Revenue from Contributions, Gifts, Grants & Similar | $11,596,713 |
Total Program Service Revenue | $770,861,994 |
Investment income | $691,305 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,783,261 |
Net Gain/Loss on Asset Sales | $942,217 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $838,048,221 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $347,500 |
Grants and other assistance to domestic individuals. | $3,184,778 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $3,979,699 |
Compensation of current officers, directors, key employees. | $3,581,729 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $282,416,183 |
Pension plan accruals and contributions | $14,651,908 |
Other employee benefits | $44,684,655 |
Payroll taxes | $19,021,403 |
Fees for services: Management | $603,194 |
Fees for services: Legal | $56,353 |
Fees for services: Accounting | $11,605 |
Fees for services: Lobbying | $192,099 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $313,526,828 |
Advertising and promotion | $47,906 |
Office expenses | $7,894,933 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $23,535,453 |
Travel | $226,882 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $529,393 |
Interest | $7,021,870 |
Payments to affiliates | $27,126,026 |
Depreciation, depletion, and amortization | $29,412,670 |
Insurance | $14,255,493 |
All other expenses | $0 |
Total functional expenses | $897,527,103 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $98,287,055 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $8,278,014 |
Prepaid expenses and deferred charges | $988,700 |
Net Land, buildings, and equipment | $309,680,278 |
Investments—publicly traded securities | $23,363,602 |
Investments—other securities | $7,514,872 |
Investments—program-related | $0 |
Intangible assets | $75,743,386 |
Other assets | $149,418,396 |
Total assets | $673,274,303 |
Accounts payable and accrued expenses | $157,758,412 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $1,709,413 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $84,327,004 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $85,383,756 |
Total liabilities | $329,178,585 |
Net assets without donor restrictions | $324,395,916 |
Net assets with donor restrictions | $19,699,802 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $673,274,303 |
Over the last fiscal year, Bridgeport Hospital has awarded $342,500 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
CONNECTICUT ZOOLOGICAL SOCIETY PURPOSE: SUPPORT MISSION | $20,000 |
WESTPORT ROTARY CLUB FOUNDATION INC PURPOSE: SUPPORT MISSION | $10,000 |
BRIDGEPORT MUSIC FESTIVALS LLC PURPOSE: SUPPORT MISSION | $300,000 |
SACRED HEART UNIVERSITY PURPOSE: SUPPORT MISSION | $12,500 |