Cedars-Sinai Marina Hospital, operating under the name Cedars-Sinai Marina Del Rey Hospital, is located in Marina Del Rey, CA. The organization was established in 2016. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2022, Cedars-Sinai Marina Del Rey Hospital employed 968 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedars-Sinai Marina Del Rey 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 06/2021, Cedars-Sinai Marina Del Rey Hospital generated $139.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $153.2m during the year ending 06/2021. While expenses have increased by 6.2% 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.
Since 2017, Cedars-Sinai Marina Del Rey Hospital has awarded 20 individual grants totaling $665,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMPASSIONATE, HIGH QUALITY HEALTHCARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CFHS HOLDINGS, INC., DOING BUSINESS AS CEDARS-SINAI MARINA DEL REY HOSPITAL ("THE HOSPITAL"), IS A 133-BED NONPROFIT HOSPITAL. THE HOSPITAL IS FULLY ACCREDITED BY THE NATIONALLY RECOGNIZED JOINT COMMISSION ON ACCREDITATION OF HEALTHCARE ORGANIZATIONS FOR SAFE AND EFFECTIVE QUALITY CARE ("THE JOINT COMMISSION"). THE HOSPITAL HAS THE FOLLOWING INPATIENT AND OUTPATIENT SERVICES: 24-HOUR EMERGENCY CARE INCLUDING TELESTROKE SERVICES IN COLLABORATION WITH NEUROSURGEONS FROM CEDARS-SINAI MEDICAL CENTER (CSMC), ICU, TELEMETRY, INPATIENT AND OUTPATIENT DIAGNOSTIC SERVICES AND ADVANCED SURGICAL TECHNOLOGY, CAREFULLY PRACTICED UNDER THE SUPERVISION AND SKILLED HANDS OF WORLD-CLASS PHYSICIANS, NURSES, AND ALLIED HEALTH CARE PROFESSIONALS.(SEE SCHEDULE O FOR CONTINUATION)(CONTINUED FROM PAGE 2)HOSPITAL SERVICES:- 24-HOUR EMERGENCY SERVICES- TELEMEDICINE STROKE PROGRAM IN THE EMERGENCY ROOM- TELE-PSYCH SERVICES IN THE EMERGENCY ROOM - INTENSIVE CARE UNIT- TELEMETRY/MEDICAL-SURGICAL UNITS (CARDIAC MONITORED BEDS)- INPATIENT AND OUTPATIENT DIAGNOSTIC SERVICES (LAB, IMAGING, GI, CARDIOLOGY)- OUTPATIENT SPINE CLINIC (THE MARINA SPINE CENTER)- MINIMALLY INVASIVE SURGICAL SERVICES (FOR HERNIA, APPENDECTOMY, GALL BLADDER, COLON, ANTI-REFLUX, WEIGHT MANAGEMENT, SPINE, TOTAL HIP, TOTAL KNEE CASES), UTILIZING THE DA VINCI ROBOT AND THE MAKO STRYKER ORTHO ROBOT.HOSPITAL STATISTICS:EMPLOYEES: 759PHYSICIANS WITH HOSPITAL PRIVILEGES: 289SURGEONS WITH HOSPITAL PRIVILEGES: 182NUMBER OF SURGERIES ANNUALLY: 3,523NUMBER OF ER VISITS ANNUALLY: 36,584PAYOR % - MEDICARE: 30.6%, MEDI-CAL: 5.4%, COMMERCIAL AND MANAGED CARE: 56.1%, SELF-PAY AND OTHER: 7.9%HOSPITAL OPERATIONS:CONTINUED ENHANCEMENTS TO THE REPORTING CAPABILITIES OF THE ELECTRONIC MEDICAL RECORDS SYSTEM, INCLUDING UPGRADED TECHNOLOGY AND REPORTING CAPABILITIES, HAVE IMPROVED THE ABILITY OF PHYSICIANS AND CLINICAL STAFF TO VIEW PRIOR VISIT RECORDS, ENHANCE PATIENT SAFETY VIA ALERTS, INCREASE DATA ANALYSIS, AND HAVE DECREASED THE AMOUNT OF LABOR FOR SCANNING OF PAPER DOCUMENTS AND ANALYSIS OF DATA.COMMUNITY SUPPORT AND ENGAGEMENT HIGHLIGHTS:- OUR MARINA SPINE CENTER IS A NATIONALLY RECOGNIZED OUTPATIENT CARE CENTER. IT IS A MULTIDISCIPLINARY CENTER OFFERING COMPREHENSIVE SPINE SERVICES, FROM EVALUATION AND DIAGNOSIS LEADING TO SURGERY AND REHABILITATION.- CEDARS-SINAI MARINA DEL REY HOSPITAL IS THE ONLY HOSPITAL LOCATED WITHIN LOS ANGELES' 11TH DISTRICT AND IS ACTIVELY INVOLVED AS A COMMUNITY PARTNER. THE HOSPITAL HAS ESTABLISHED KEY PARTNERSHIPS WITH LOCAL ORGANIZATIONS TO REDUCE HEALTH DISPARITIES, IMPROVE ACCESS TO CARE, AND FOOD INSECURITY, AND PROMOTION OF OVERALL HEALTH AND WELL-BEING FOR VULNERABLE MEMBERS OF OUR COMMUNITY.- THE HOSPITAL LEADERSHIP ENGAGES WITH THE COMMUNITY IN A VARIETY OF WAYS ON A CONSISTENT BASIS. FACILITY STAFF REPRESENTS THE HOSPITAL AT THE FOLLOWING LOCAL COMMUNITY EVENTS AND COLLABORATIVES LISTED BELOW. PARTICIPATION HAS BEEN A HYBRID OF VIRTUAL AND IN-PERSON. *PLAYA VISTA SUNRISE ROTARY CLUB *MAR VISTA FAMILY CENTER *AIRPORT MARINA COUNSELING *VENICE BOYS AND GIRLS CLUB *MAR VISTA BOYS AND GIRLS CLUB *VENICE FAMILY CLINIC *THE PEOPLE CONCERN (FORMERLY OPCC) *ST. JOSEPH CENTER - CES (COORDINATED ENTRY SYSTEM) *LAX COASTAL CHAMBER OF COMMERCE *INCLUSION MATTERS BY SHANE'S INSPIRATIONSPECIFIC HOSPITAL STAFF ATTEND MONTHLY OR QUARTERLY MEETINGS IN A VIRTUAL SETTING WHEN AVAILABLE.- THE HOSPITAL ADOPTS FAMILIES DURING THE HOLIDAY SEASON THROUGH SEVERAL OF THE ABOVE AGENCIES AND HOSPITAL LEADERSHIP ACTIVELY PARTICIPATES IN OTHER FUND-RAISING COMMUNITY EVENTS THROUGH BOTH MONETARY AND EMPLOYEE SUPPORT.PROGRAM ACCOMPLISHMENTS/DEVELOPMENT:- THE HOSPITAL, IN COLLABORATION WITH CSMC NEUROLOGY DEPARTMENT HAS BEEN UTILIZING TELEMEDICINE IN THE EMERGENCY ROOM SINCE FEBRUARY 2017 TO SUCCESSFULLY DIAGNOSE STROKE AND EXPEDITE TREATMENT. - THE HOSPITAL ALSO STARTED A TELE-ICU/ICU INTENSIVIST PROGRAM WITH PHYSICIANS FROM CSMC IN 2020 IN RESPONSE TO THE HIGHER ACUITY PATIENTS BECAUSE OF COVID-19. - IN APRIL 2022, THE HOSPITAL CONTRACTED WITH ARRAY BEHAVIORAL CARE SERVICES TO PROVIDE A TELE-PSYCH SERVICE TO OUR BEHAVIORAL HEALTH PATIENT POPULATION. - THE HOSPITAL, IN COLLABORATION WITH CSMC, OBTAINED THE AMERICAN HEART/AMERICAN STROKE ASSOCIATION AND THE JOINT COMMISSION PRIMARY STROKE CENTER CERTIFICATION IN 2022.- FURTHER, SPECIALTY PHYSICIANS ARE ROTATING THROUGH A CLINIC ADJACENT TO THE HOSPITAL TO COVER SPECIALTIES NOT PREVIOUSLY OFFERED AT THE HOSPITAL. SERVICES PROVIDED INCLUDE ENT, GYN, CARDIOLOGY, GI, AND NEUROLOGY. THE SPECIALISTS ALTERNATE DAYS OF THE WEEK MAKING FOLLOW-UP APPOINTMENTS EASIER FOR PATIENTS WHO HAVE BEEN SEEN AS INPATIENTS IN THE HOSPITAL. THIS ALSO HELPS REDUCE READMISSIONS AND IS CONVENIENT FOR THE PATIENTS IN THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas M Priselac Chair | Trustee | 3 | $0 |
Steven Krems MD Chief Medical Officer/board Member | Trustee | 28 | $165,932 |
Thomas Leanse Board Member | Trustee | 2 | $0 |
Sameer Malhotra MD Board Member | Trustee | 2 | $0 |
Leslie Vermut Board Member | Trustee | 2 | $0 |
Thomas J Wafer Jr Board Member | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Aya Healthcare Inc Contract Labor Hospital Staff | 6/29/22 | $21,645,235 |
Prime Waterproofing & Roofing Inc Construction Services | 6/29/22 | $1,153,769 |
Medical Staffing Network Contract Labor Hospital Staff | 6/29/22 | $882,776 |
Bhc Alhambra Hospital Outpatient Psychiatric Services | 6/29/22 | $738,000 |
Ambulatory Anesthesia Associates Inc Contract Labor Hospital Staff | 6/29/22 | $412,925 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,790,178 |
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 | $139,933,345 |
Statement of Expenses | |
---|---|
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. | $1,014,289 |
Compensation to disqualified persons | $39,481 |
Other salaries and wages | $63,620,199 |
Pension plan accruals and contributions | $1,082,189 |
Other employee benefits | $8,648,517 |
Payroll taxes | $4,238,856 |
Fees for services: Management | $2,500,539 |
Fees for services: Legal | $38,966 |
Fees for services: Accounting | $15,985 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $29,885,256 |
Advertising and promotion | $180,363 |
Office expenses | $3,022,115 |
Information technology | $2,436,136 |
Royalties | $0 |
Occupancy | $2,530,465 |
Travel | $85,284 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $28,455 |
Interest | $4,184 |
Payments to affiliates | $922,694 |
Depreciation, depletion, and amortization | $4,304,193 |
Insurance | $727,674 |
All other expenses | $0 |
Total functional expenses | $153,207,680 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $35,700,686 |
Savings and temporary cash investments | $625,464 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $35,028,585 |
Loans from Officers, Directors, or Controlling Persons | $17,308 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,203,421 |
Prepaid expenses and deferred charges | $609,275 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,067,173 |
Total assets | $166,247,571 |
Accounts payable and accrued expenses | $23,641,320 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $73,995,205 |
Total liabilities | $97,636,525 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $68,611,046 |
Over the last fiscal year, Cedars-Sinai Marina Hospital has awarded $185,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
BOYS AND GIRLS CLUB OF SANTA MONICA PURPOSE: UNDER-RESOURCED YOUTH SUPPORT GRANT | $20,000 |
SANTA MONICA BAY AREA HUMAN RELATIONS COUNCIL PURPOSE: WELLBEING MICROGRANT PROGRAM GRANT | $20,000 |
ST JOSEPH CENTER PURPOSE: HOMELESSNESS SUPPORT GRANT | $75,000 |
INCLUSION MATTERS BY SHANE'S INSPIRATION PURPOSE: GENERAL SUPPORT | $10,000 |
WESTSIDE INFANT-FAMILY NETWORK PURPOSE: CHILDHOOD MENTAL HEALTH GRANT | $60,000 |