Cfhs Holdings Inc

Organization Overview

Cfhs Holdings Inc, 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 06/2021, Cedars-Sinai Marina Del Rey Hospital employed 941 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 06/2020, Cedars-Sinai Marina Del Rey Hospital generated $136.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $135.7m during the year ending 06/2020. While expenses have increased by 4.9% 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 2017, Cedars-Sinai Marina Del Rey Hospital has awarded 18 individual grants totaling $630,000. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

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 NON-PROFIT HOSPITAL. THE HOSPITAL IS FULLY ACCREDITED WITH 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-INTENSIVE CARE UNIT-TELEMETRY/MEDICAL SURGICAL UNITS (CARDIAC MONITORED BEDS)-INPATIENT AND OUTPATIENT DIAGNOSTIC SERVICES (LAB, IMAGING, GI, CARDIOLOGY)-OUTPATIENT BARIATRIC CLINIC (THE MARINA WEIGHT LOSS CENTER) (UNLICENSED BY CMS AS OF MAY 2020 DUE TO MOVE ACROSS THE STREET AND OUTSIDE OF HOSPITAL'S PROXIMITY AS PER CDPH STANDARDS)-OUTPATIENT SPINE CLINIC (THE MARINA SPINE CENTER)-MINIMALLY INVASIVE SURGICAL SERVICES (FOR HERNIA, APPENDECTOMY, GALL BLADDER, COLON, ANTI-REFLUX, BARIATRIC, SPINE, TOTAL HIP, TOTAL KNEE CASES), UTILIZING THE DA VINCI ROBOT AND THE MAKO STRYKER ORTHO ROBOT.HOSPITAL STATISTICS:EMPLOYEES: 728PHYSICIANS WITH HOSPITAL PRIVILEGES 312SURGEONS WITH HOSPITAL PRIVILEGES 174NUMBER OF SURGERIES ANNUALLY 2,929NUMBER OF ER VISITS ANNUALLY 30,721PAYOR % - MEDICARE: 31.2%, MEDI-CAL: 6.0%, COMMERCIAL AND MANAGED CARE: 55%, SELF PAY AND OTHER: 7.8%HOSPITAL OPERATIONS:THE HOSPITAL UPGRADED THE CLINICAL ELECTRONIC MEDICAL RECORD SYSTEM AND CONVERTED TO THE EPIC EHR IN MAY OF 2017. THERE WERE CONTINUED ENHANCEMENTS TO THE REPORTING CAPABILITIES IN 2020 AND THE 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 HAS DECREASED THE AMOUNT OF LABOR FOR SCANNING OF PAPER DOCUMENTS AND ANALYSIS OF DATA.COMMUNITY SUPPORT AND ENGAGEMENT HIGHLIGHTS:- OUR TWO OUTPATIENT CLINICS ARE NATIONALLY RECOGNIZED OUTPATIENT CARE CENTERS. THE MARINA SPINE CENTER IS A MULTIDISCIPLINARY CENTER OFFERING COMPREHENSIVE SPINE SERVICES, FROM EVALUATION AND DIAGNOSIS LEADING TO SURGERY AND REHABILITATION. THE MARINA WEIGHT LOSS CENTER (UNLICENSED AS OF MAY 2020) IS ACCREDITATED BY THE METABOLIC AND BARIATRIC SURGERY ACCREDITATION AND QUALITY IMPROVEMENT PROGRAM (MBSAQIP) FOR EXCELLENCE.- 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 PROMOTION OF OVERALL HEALTH AND WELLBEING FOR VULNERABLE MEMBERS OF OUR COMMUNITY.- THE HOSPITAL LEADERSHIP ENGAGES WITH THE COMMUNITY IN A VARIETY OF WAYS ON A CONSISTENT BASIS. FACILITY STAFF REPRESENT THE HOSPITAL AT THE FOLLOWING LOCAL COMMUNITY EVENTS AND COLLABORATIVES LISTED BELOW. PARTICIPATION HAS BEEN PRIMARILY VIRTUAL DUE TO THE PANDEMIC. *PLAYA VISTA SUNRISE ROTARY CLUB *MAR VISTA FAMILY CENTER *VENICE BOYS AND GIRLS CLUB, VACCINATION CLINICS *VENICE FAMILY CLINIC *VENICE MARINA COUNCIL *DEL REY NEIGHBORHOOD COUNCIL *VENICE NEIGHBORHOOLD COUNCIL - BOARD MEETING *THE PEOPLE CONCERN (FORMERLY OPCC) *ST. JOSEPH CENTER - CES (COORDINATED ENTRY SYSTEM) *LAX COASTAL CHAMBER OF COMMERCE SPECIFIC HOSPITAL STAFF ATTEND MONTHLY OR QUARTERLY MEETINGS IN A VIRTUAL SETTING WHEN AVAILABLE.- CEDARS-SINAI MARINA DEL REY 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:- CEDARS-SINAI MARINA DEL REY 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 AS A RESULT OF COVID-19. THE HOSPITAL IN COLLABORATION WITH CSMC, IS ALSO SEEKING TO OBTAIN 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. THESE SERVICES PROVIDED BY CSMC FOUNDATION PHYSICIANS 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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aya Healthcare Inc
Contract Labor Hospital Staff
$5,436,646
Ambulatory Anesthesia Associates Inc
Contract Labor Hospital Staff
$1,067,650
Aurora Las Encinas Llc
Outpatient Psychiatric Services
$979,400
Coast Medical Service Inc
Contract Labor Hospital Staff
$594,325
Bhc Alhambra Hospital
Outpatient Psychiatric Services
$867,100
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$4,423,504
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 $136,116,103

Grants Awarded

Over the last fiscal year, Cfhs Holdings Inc has awarded $175,000 in support to 3 organizations.

Grant RecipientAmount

YMCA OF METROPOLITAN LOS ANGELES - CULVER-PALMS FAMILY YMCA BRANCH

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: SOCIAL AND EMOTIONAL WELL-BEING PILOT GRANT

$100,000

MAR VISTA FAMILY CENTER

Org PageRecipient Profile

Culver City, CA

PURPOSE: HOMELESS PREVENTION FUND GRANT

$50,000

BOYS AND GIRLS CLUB OF SANTA MONICA INC

Org PageRecipient Profile

Santa Monica, CA

PURPOSE: FOOD INSECURITY GRANT

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Cfhs Holdings Inc has recieved totaling $1,564,138.

Awarding OrganizationAmount
California Health Foundation And Trust

Sacramento, CA

PURPOSE: Provides uncompensated patient care, patient safety capital needs and emergency services capital needs

$1,564,138
View Grant Recipient Profile

Peer Organizations

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