Midstate Medical Center is located in Meriden, CT. The organization was established in 1923. 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, Midstate Medical Center employed 1,831 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midstate Medical Center 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, Midstate Medical Center generated $478.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $466.0m during the year ending 09/2023. While expenses have increased by 10.0% 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
THE MISSION OF MIDSTATE MEDICAL CENTER IS TO IMPROVE THE HEALTH AND HEALING OF THE PEOPLE AND COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
ORTHOPEDICS:IN PARTNERSHIP WITH THE PARENT, HARTFORD HEALTHCARE CORPORATION, THE ORGANIZATION LAUNCHED THE CONNECTICUT ORTHOPAEDIC INSTITUTE AT MIDSTATE MEDICAL CENTER. DESIGNED AND MANAGED BY OUR RENOWNED ORTHOPAEDIC SPECIALISTS, THE PROFESSIONALS AT THE INSTITUTE PLAN EVERY DETAIL TO GIVE PATIENTS THE BEST POSSIBLE EXPERIENCE FOR TREATMENT AND RECOVERY.AT 14,000 SQUARE FEET, THE INSTITUTE SPANS AN ENTIRE PAVILION OF MIDSTATE MEDICAL CENTER THAT'S BEEN COMPLETELY RENOVATED AND REPURPOSED FOR ORTHOPAEDIC PATIENTS AND THEIR GUESTS. THE INSTITUTE INCLUDES 11 OPERATING ROOMS, A NEW ORTHOPAEDIC REHABILITATION SPACE, SEPARATE KITCHEN FACILITIES, AND OTHER CONVENIENT AMENITIES TO MAKE THE PATIENT EXPERIENCE SEAMLESS, COMFORTING, AND SAFE.THE INSTITUTE OFFERS THE LATEST TREATMENTS AND TECHNIQUES FOR BONE, MUSCLE, AND JOINT PROBLEMS TO GIVE PATIENTS A FASTER PATH TO RECOVERY. OUR ORTHOPAEDIC SPECIALISTS ARE FELLOWSHIP-TRAINED IN THEIR AREA OF EXPERTISE, SO PATIENTS CAN TAKE COMFORT KNOWING THAT THEIR DOCTOR ARE WHOLLY FOCUSED ON TREATING THEIR INJURY AND HELPING THEM MOVE FORWARD.THE INSTITUTE IS A DEDICATED ORTHOPAEDIC HOSPITAL THAT OFFERS A FULL CONTINUUM OF CARE FROM FIRST DIAGNOSIS THROUGH REHABILITATION IN AREAS INCLUDING:* JOINT RECONSTRUCTION (KNEE, HIP, SHOULDER, AND ELBOW)* FOOT AND ANKLE SURGERY* PODIATRIC CARE* HAND SURGERY* SPINE SERVICES* ARTIFICIAL DISC REPLACEMENTS* ARTHROSCOPIC PROCEDURES* FRACTURE CAREFOR FY23, THE INSTITUTE HAD 4,176 CASES AND TREATED 3,856 PATIENTS. THE INSTITUTE EMPLOYED 38 SURGEONS DURING THE YEAR.
GASTROENTEROLOGY - DIGESTIVE HEALTH:THE DIGESTIVE HEALTH CENTER OF MIDSTATE MEDICAL CENTER (THE CENTER) IS A DEDICATED HOSPITAL CENTER BY BOARD CERTIFIED GASTROENTEROLOGISTS AND IS LOCATED ON THE HOSPITAL'S MAIN CAMPUS. FOR PATIENTS IN CENTRAL CONNECTICUT, THE CENTER IS A COMPREHENSIVE RESOURCE FOR THE PREVENTION, DIAGNOSIS AND TREATMENT OF A FULL RANGE OF GASTROINTESTINAL DISORDERS THAT AFFECT THE STOMACH, COLON AND DIGESTIVE TRACT.THE STAFF PROVIDES EXPERT CARE TO ALL OF OUR PATIENTS AND WORK TOGETHER TO PROVIDE A SEAMLESS TRANSITION FROM PRE-PROCEDURE TO PROCEDURE AND ROOM TO HOME. OUR STAFF ENSURES THAT EACH PATIENT HAS A VISIT THAT IS AS PLEASANT AND COMFORTABLE AS POSSIBLE. WE CARE FOR INPATIENTS AS WELL AS AN OUTPATIENT POPULATION.THE CENTER PROVIDES UPPER SERVICES SUCH ENDOSCOPIES AND COLONOSCOPIES AS WELL AS RADIOFREQUENCY ABLATION FOR PATIENTS WITH HIGH GRADE BARRETT'S ESOPHAGUS, AND ERCP (ENDOSCOPIC RETROGRADE CHOLANGIOPANCREATOGRAM). PULMONOLOGIST'S FREQUENT OUR DEPARTMENT AS WE CONTINUE TO CARE FOR PATIENTS HAVING BRONCHOSCOPE PROCEDURES. SOME OTHER CONDITIONS TREATED AT THE CENTER INCLUDE: ULCERATIVE COLITIS; GERD (HEARTBURN); DIVERTICULITIS; IRRITABLE BOWEL SYNDROME; CROHN'S DISEASE; BARRETT'S ESOPHAGUS; AND COLON CANCER.FOR FY23, THE CENTER HAD 4,962 CASES AND TREATED 4,348 PATIENTS. THE CENTER HAD 23 SURGEONS DURING THE YEAR.
ORTHOPAEDIC SPINE CARE:MIDSTATE SPINE CARE BRINGS TOGETHER THE EXPERTISE OF SPECIALISTS IN ORTHOPAEDIC SPINE SURGERY, NEUROSURGERY, PAIN MEDICINE, PHYSICAL MEDICINE, REHABILITATION AND RHEUMATOLOGY TO OFFER PATIENTS WITH BACK AND NECK PAIN THE MOST COMPREHENSIVE, EFFECTIVE MEDICAL AND SURGICAL TREATMENT OPTIONS.WHENEVER POSSIBLE, OUR PHYSICIANS WILL PRESCRIBE CONSERVATIVE, NONSURGICAL TREATMENT TO GET YOU BACK TO YOUR LIFE QUICKLY AND SAFELY.FOR SOME PROBLEMS, HOWEVER, SURGERY IS THE BEST SOLUTION, AND MIDSTATE OFFERS THE CLINICAL EXPERTISE AND A WIDE VARIETY OF OPTIONS FOR EVEN THE MOST DIFFICULT SPINE CONDITIONS. MIDSTATE MEDICAL CENTER'S SPINE SURGERY PROGRAM HAS EARNED DISTINCTION BY THE AETNA INSTITUTES OF QUALITY AND HAS BEEN RECOGNIZED FOR PROGRAM EXCELLENCE RELATED TO HIGH-QUALITY CARE AND COMMITMENT TO CONTINUOUS IMPROVEMENT.THE HOSPITAL SPINE CENTER TREATS A VARIETY OF CONDITIONS INCLUDING, BUT NOT LIMITED TO:* CHRONIC BACK AND NECK PAIN* DEGENERATIVE BACK AND NECK DISORDERS* SPONDYLOLISTHESIS* SPINAL STENOSIS* DISC HERNIATION* CHIARI MALFORMATION* SPINAL FRACTURE* DEFORMITIES, INCLUDING SCOLIOSIS AND KYPHOSIS* PRIMARY AND METASTATIC SPINAL TUMORSFOR FY23, THE CENTER HAD 883 CASES AND TREATED 803 PATIENTS. THE CENTER HAD 12 SURGEONS DURING THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Havican President/director | OfficerTrustee | 30 | $0 |
Steven Prunk MD Director (thru 9/23) | Trustee | 1 | $0 |
Howard Boey MD Director | Trustee | 1 | $8,500 |
Fred Sorbo III Interim Vp, Finance (thru 12/23) | Officer | 30 | $0 |
Phillip Boiselle MD Director | Trustee | 1 | $0 |
Jeff Finkelstein MD Vp, Medical Affairs | Officer | 30 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Origin Incorporated Staffing Services | 9/29/23 | $23,833,220 |
Radiology Services Llc Medical Services | 9/29/23 | $12,690,000 |
Affiliated Physicians Of The Ct Orthopae Management Services | 9/29/23 | $2,308,570 |
Morrison Management Sp Inc Food Services | 9/29/23 | $1,726,850 |
Berstein-magoon-gay Llc Laundry Services | 9/29/23 | $1,545,993 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $103,622 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $349,903 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $453,525 |
Total Program Service Revenue | $471,396,695 |
Investment income | $3,817,424 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $242,798 |
Net Gain/Loss on Asset Sales | $2,560,362 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $478,470,804 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $13,250 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $8,500 |
Compensation of current officers, directors, key employees. | $8,500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $127,282,491 |
Pension plan accruals and contributions | $6,060,973 |
Other employee benefits | $5,869,684 |
Payroll taxes | $9,737,111 |
Fees for services: Management | $0 |
Fees for services: Legal | $116,505 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $63,103 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $184,275 |
Fees for services: Other | $68,750,462 |
Advertising and promotion | $7,548 |
Office expenses | $4,359,368 |
Information technology | $20,137,555 |
Royalties | $0 |
Occupancy | $9,009,946 |
Travel | $36,982 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $248,782 |
Interest | $3,300,074 |
Payments to affiliates | $34,141,658 |
Depreciation, depletion, and amortization | $15,653,426 |
Insurance | $3,752,878 |
All other expenses | $2,030,737 |
Total functional expenses | $465,983,868 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,083,367 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $46,605,284 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $376,474 |
Inventories for sale or use | $8,166,242 |
Prepaid expenses and deferred charges | $1,257,458 |
Net Land, buildings, and equipment | $126,865,998 |
Investments—publicly traded securities | $13,000,000 |
Investments—other securities | $16,078,321 |
Investments—program-related | $166,541,630 |
Intangible assets | $0 |
Other assets | $91,883,004 |
Total assets | $474,857,778 |
Accounts payable and accrued expenses | $31,633,454 |
Grants payable | $0 |
Deferred revenue | $143,825 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $142,188,632 |
Total liabilities | $173,965,911 |
Net assets without donor restrictions | $282,884,724 |
Net assets with donor restrictions | $18,007,143 |
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 | $474,857,778 |