Geisinger Clinic is located in Danville, PA. The organization was established in 1982. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 12/2022, Geisinger Clinic employed 7,367 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Geisinger Clinic 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 12/2022, Geisinger Clinic generated $1.7b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $2.1b during the year ending 12/2022. While expenses have increased by 7.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
STRIVE TO MAKE BETTER HEALTH EASIER BY PROVIDING ACCESS TO AFFORDABLE, HIGH QUALITY HEALTH SERVICES THROUGH EQUITABLE, INNOVATIVE, AND INCLUSIVE CARE MODELS THAT SUPPORT PATIENT CARE, EDUCATION, RESEARCH, & COMMUNITY SERVICE.
Describe the Organization's Program Activity:
I. GENERAL INFORMATION GEISINGER CLINIC (GC), A 501(C)(3) NOT FOR PROFIT CORPORATION, EMPLOYS 1,723 PHYSICIANS PRACTICING AT 147 SITES IN 60 COMMUNITIES OF NORTHEASTERN AND CENTRAL PENNSYLVANIA. GC PROVIDES THE MULTI-SPECIALTY PHYSICIAN GROUP PRACTICE FOR GEISINGER. THE SALARIED PHYSICIAN STAFF IS DEDICATED TO IMPROVING THE HEALTH OF THE PEOPLE OF PENNSYLVANIA THROUGH AN INTEGRATED SYSTEM OF HEALTH SERVICES BASED UPON A BALANCED PROGRAM OF PATIENT CARE, EDUCATION AND RESEARCH. SOME OF THE LOCATIONS IN WHICH GEISINGER CLINIC PRACTICES INCLUDE: AVIS MILTON BELLEFONTE MINERSVILLE BELLEVILLE MONTOURSVILLE BENTON MOOSIC BERWICK MOUNTAIN TOP BLOOMSBURG MT CARMEL BURNHAM MT POCONO CARBONDALE MUNCY CLARKS SUMMIT NANTICOKE COAL TOWNSHIP NEWPORT DALLAS NICHOLSON DANVILLE ORWIGSBURG DICKSON CITY PHILIPSBURG DUNMORE PITTSTON ELYSBURG PORT MATILDA FORTY FORT POTTSVILLE FRACKVILLE REEDSVILLE HARRISBURG SCRANTON HAZLE TOWNSHIP SELINSGROVE HAZLETON SHAMOKIN DAM HUNTINGDON SOUTH ABINGTON TWP JERSEY SHORE SOUTH WILLIAMSPORT KINGSTON STATE COLLEGE KULPMONT SUNBURY LEWISBURG TAYLOR LEWISTOWN TUNKHANNOCK LOCK HAVEN WAVERLY MAHANOY CITY WEST HAZLETON MIFFLIN WILKES-BARRE MIFFLINTOWN WILLIAMSPORT II. UNCOMPENSATED CARE GEISINGER CLINIC RECOGNIZES THAT ITS MISSION IS TO SERVE ALL THE MEMBERS OF THE COMMUNITY WITH RESPECT TO THE PROVISION OF HEALTHCARE SERVICES AND HEALTHCARE EDUCATION. GC PROVIDES QUALITY MEDICAL HEALTHCARE REGARDLESS OF RACE, RELIGION, ETHNICITY, SEXUAL ORIENTATION, GENDER IDENTITY, HANDICAP, AGE OR ABILITY TO PAY. IN THIS REGARD, GC PROVIDES FREE CARE OR SUBSIDIZED CARE, TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT OR BELOW COST AND PROVIDES VARIOUS HEALTH ACTIVITIES AND PROGRAMS IN SUPPORT OF THE COMMUNITIES WHERE GC PRACTICES. A. CHARITY CARE THE PRIMARY CONCERN OF GC IS THE DELIVERY OF HEALTH CARE TO ALL THE CITIZENS IN NORTHEASTERN AND CENTRAL PENNSYLVANIA, REGARDLESS OF THEIR ABILITY TO PAY. THE UNREIMBURSED COST OF CHARITY CARE REPRESENTS THE COST GC INCURS BY PROVIDING FREE OR DISCOUNTED SERVICES TO THOSE WHO CANNOT AFFORD TO PAY. FOR THE YEAR ENDED DECEMBER 31, 2022, THE COST OF CHARITY CARE WAS 21,967,498. B. MEDICARE/MEDICAID/OTHER GOVERNMENTAL RECOGNIZING ITS MISSION TO THE COMMUNITY, SERVICES ARE PROVIDED TO THE ELDERLY (MEDICARE) AND THE POOR (MEDICAID). CLINIC PROVIDES CARE, BELOW COST, TO PERSONS COVERED BY THESE GOVERNMENTAL PROGRAMS. TO THE EXTENT REIMBURSEMENT IS BELOW THE COST OF PROVIDING HEALTHCARE, GC IS FURTHERING ITS MISSION TO THE ENTIRE COMMUNITY. THE UNREIMBURSED VALUE OF MEDICARE, MEDICAID AND OTHER GOVERNMENTAL PAYERS IS EQUAL TO THE COST OF PROVIDING SERVICES LESS THE AMOUNT OF REIMBURSEMENT RECEIVED UNDER THE PROGRAM. FOR THE YEAR ENDED DECEMBER 31, 2022, THE UNREIMBURSED VALUE OF PROVIDING CARE TO THESE PATIENTS WAS 384,242,054. C. OTHER UNCOMPENSATED PATIENT SERVICES IN ADDITION, GC PROVIDES OTHER PATIENT SERVICES FOR WHICH FULL PAYMENT IS NOT RECEIVED. THE UNCOMPENSATED COST OF PROVIDING SUCH PATIENT SERVICES DURING THE YEAR ENDED DECEMBER 31, 2022, WAS 737,158. III. RESEARCH SUPPORT GEISINGER CLINIC SUPPORTS ITS CHARITABLE MISSION THROUGH MEDICAL RESEARCH ACTIVITIES AT TWO FACILITIES ON THE CAMPUS OF THE GEISINGER MEDICAL CENTER: THE SIEGFRIED AND JANET WEIS CENTER FOR RESEARCH (WCR) AND THE HENRY HOOD CENTER FOR HEALTH RESEARCH. THE WCR PROVIDES A FOCUS FOR LABORATORY RESEARCH AND RESEARCH TRAINING AND SUPPORTS THE CLINICAL STAFF IN THEIR RESEARCH PROGRAMS. THE PRIMARY MISSION OF THE WCR IS TO CONDUCT ORIGINAL AND INNOVATIVE RESEARCH THAT CONTRIBUTES NEW KNOWLEDGE TO BIOMEDICAL SCIENCE. SCIENTISTS APPLY MODERN MOLECULAR AND CELLULAR APPROACHES TO DIVERSE RESEARCH PROBLEMS IN THE AREAS OF CARDIOVASCULAR FUNCTION, CANCER AND DEVELOPMENTAL BIOLOGY. THE HENRY HOOD CENTER FOR RESEARCH HOUSES TWO RESEARCH PROGRAMS: THE GEISINGER CENTER FOR HEALTH RESEARCH (GCHR) AND THE CENTER FOR CLINICAL STUDIES (CCS). GCHR CONDUCTS HEALTH SERVICES, EPIDEMIOLOGIC AND POPULATION GENETICS RESEARCH ON THE BROAD RANGE OF CONDITIONS TYPICALLY SEEN IN PRIMARY AND SPECIALTY CARE SETTINGS. THE MISSION OF THE CCS IS TO PLAN, CONDUCT, FOSTER AND SUPPORT INNOVATIVE CLINICAL RESEARCH TRIALS TO HELP ADVANCE DIAGNOSIS AND TREATMENT OF DISEASE AND IMPROVE PATIENT CARE. ALL THREE RESEARCH PROGRAMS INVESTIGATE EXTRAMURAL RESOURCES FOR FUNDING AND WORK COLLABORATIVELY ON BUILDING THE CAPABILITY FOR POPULATION-BASED GENETICS RESEARCH. TO THE EXTENT REVENUES AND GRANTS RECEIVED ARE BELOW THE COST OF RESEARCH OPERATIONS, GEISINGER CLINIC IS FURTHERING ITS MISSION TO THE ENTIRE COMMUNITY. THERE WAS NO UNREIMBURSED COST DURING THE YEAR ENDED DECEMBER 31, 2022. IV. COMMUNITY HEALTH, EDUCATION AND OUTREACH GEISINGER CLINIC STRIVES TO SERVE AS PARTNERS TO THE COMMUNITIES IN WHICH THEY ARE LOCATED. GC PROVIDES CARE TO THE COMMUNITY THROUGH MANY REDUCED- PRICE SERVICES AND FREE PROGRAMS THROUGHOUT THE YEAR BASED UPON ACTIVITIES AND SERVICES THAT GC BELIEVES WILL SERVE A BONAFIDE COMMUNITY HEALTH NEED. THESE SERVICES AND PROGRAMS INCLUDE SUPPORT GROUPS, HEALTH EDUCATION SERIES, WELLNESS FAIRS, HEALTH SCREENINGS, AND OTHER HEALTH RELATED PROGRAMS. THE COST OF THESE SERVICES TOTALED 1,649,017 IN THE YEAR ENDED DECEMBER 31, 2022. SOME OF THE SERVICES AND PROGRAMS PROVIDED INCLUDE: A. HEALTH EDUCATION EDUCATION MATERIALS/PUBLICATIONS HEALTH PROFESSIONS EDUCATION B. OTHER SERVICES AND PROGRAMS ASSISTANCE TO ENROLL IN PUBLIC MEDICAL PROGRAMS COMMUNITY SUPPORT ACTIVITIES FREE CLINICS HEALTH SCREENINGS MEDICATION TAKE-BACK CONTAINERS V. COMMUNITY SERVICE SUMMARY CHARITY CARE 21,967,498 MEDICARE/MEDICAID/OTHER GOVERNMENTAL 384,242,054 UNCOMPENSATED CARE 737,158 COMMUNITY HEALTH, EDUCATION, AND OUTREACH 1,649,017 TOTAL 408,595,727 VI. STATISTICS TOTAL NUMBER OF CLINIC VISITS (CLINIC-WIDE) 3,365,322 CLINIC SERVICE DAYS 255 GEISINGER CLINIC PHYSICIANS ADMIT TO THE SIX GEISINGER OWNED FACILITIES, GEISINGER MEDICAL CENTER, GEISINGER WYOMING VALLEY, GEISINGER COMMUNITY MEDICAL CENTER, GEISINGER BLOOMSBURG HOSPITAL, GEISINGER LEWISTOWN HOSPITAL, AND GEISINGER JERSEY SHORE HOSPITAL AS WELL AS TEN NON-GEISINGER OWNED FACILITIES. GEISINGER HAS A POLICY TO SEE PATIENTS OF ALL PAYORS.
REASEARCH SEE SCHEDULE O
EDUCATION SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jaewon Ryu MD JD President, D | OfficerTrustee | $0 | |
Kevin V Roberts MBA CPA Evp, Cfo, Tr | Officer | $0 | |
Kevin V Roberts MBA CPA Evp, Cfo, Tr | Officer | $0 | |
Alfred S Casale MD Facc Facs Cmo, Surgica | Officer | 40 | $1,692,582 |
Matthew Walsh Director | Trustee | $0 | |
Michel Lacroix MD Frcsc Faans Chair, Neuro | 40 | $1,599,653 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Primemed Pc Physician Svcs | 12/30/22 | $24,798,316 |
Emergency Services Pc Physician Scvs | 12/30/22 | $9,994,047 |
Weatherby Locums Inc Physician Svcs | 12/30/22 | $6,412,948 |
Virtual Radiology Corp Rad Svcs | 12/30/22 | $3,315,067 |
Iris Telehealth Medical Group Physician Svcs | 12/30/22 | $2,918,878 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $22,073,542 |
All other contributions, gifts, grants, and similar amounts not included above | $18,344,895 |
Noncash contributions included in lines 1a–1f | $263,550 |
Total Revenue from Contributions, Gifts, Grants & Similar | $40,418,437 |
Total Program Service Revenue | $1,654,916,581 |
Investment income | $1,804,440 |
Tax Exempt Bond Proceeds | $54 |
Royalties | $1,625 |
Net Rental Income | $65,492 |
Net Gain/Loss on Asset Sales | $11,178,369 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,713,694,129 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
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. | $7,826,037 |
Compensation of current officers, directors, key employees. | $421,985 |
Compensation to disqualified persons | $3,904,497 |
Other salaries and wages | $981,694,637 |
Pension plan accruals and contributions | $48,041,652 |
Other employee benefits | $83,490,067 |
Payroll taxes | $48,633,111 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,640,605 |
Fees for services: Accounting | $268,532 |
Fees for services: Lobbying | $80,971 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $579,772 |
Fees for services: Other | $106,660,273 |
Advertising and promotion | $27,117 |
Office expenses | $14,803,532 |
Information technology | $5,557,403 |
Royalties | $0 |
Occupancy | $21,643,270 |
Travel | $4,095,691 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,802,978 |
Interest | $3,815,237 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $20,003,651 |
Insurance | $47,584,634 |
All other expenses | $1,062,524 |
Total functional expenses | $2,050,121,531 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $178,531 |
Pledges and grants receivable | $11,758,984 |
Accounts receivable, net | $56,859,137 |
Loans from Officers, Directors, or Controlling Persons | $89,918 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $33,160,277 |
Inventories for sale or use | $19,288,607 |
Prepaid expenses and deferred charges | $39,004,930 |
Net Land, buildings, and equipment | $212,921,491 |
Investments—publicly traded securities | $159,471,942 |
Investments—other securities | $121,165,793 |
Investments—program-related | $0 |
Intangible assets | $392,148 |
Other assets | $96,631,526 |
Total assets | $750,923,284 |
Accounts payable and accrued expenses | $59,899,316 |
Grants payable | $0 |
Deferred revenue | $5,551,371 |
Tax-exempt bond liabilities | $110,771,297 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $23,914,290 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $145,009,644 |
Total liabilities | $345,145,918 |
Net assets without donor restrictions | $405,777,366 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $750,923,284 |