Froedtert Memorial Lutheran Hospital Inc

Organization Overview

Froedtert Memorial Lutheran Hospital Inc is located in Milwaukee, WI. The organization was established in 1968. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Froedtert Memorial Lutheran Hospital Inc 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 06/2022, Froedtert Memorial Lutheran Hospital Inc generated $2.3b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $2.2b during the year ending 06/2022. While expenses have increased by 7.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FROEDTERT MEMORIAL LUTHERAN HOSPITAL, INC. (FMLH) ADVANCES THE HEALTH OF THE PEOPLE OF THE DIVERSE COMMUNITIES WE SERVE THROUGH EXCEPTIONAL CARE ENHANCED BY INNOVATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INPATIENT SERVICES - SEE SCHEDULE O


EMERGENCY & TRAUMA CENTER, AND OTHER PROGRAM REVENUEEMERGENCY AND TRAUMA CENTER. FMLH HAS A COMMUNITY EMERGENCY DEPARTMENT SERVING SOUTHEASTERN WISCONSIN. THEY PROVIDE CRITICAL CARE, GENERAL EMERGENCY AND MINOR CARE. FMLH IS THE ONLY ADULT LEVEL I TRAUMA CENTER IN SOUTHEASTERN WISCONSIN AND SUPPORTS THE AREA'S ONLY AIR MEDICAL RESCUE PROGRAM (FLIGHT FOR LIFE) SERVING AS A VITAL RESOURCE FOR THE REGION. AS A LEVEL 1 TRAUMA CENTER WE HAVE:- PROMPT AVAILABILITY OF SPECIALISTS IN TRAUMA SURGERY, ORTHOPAEDIC SURGERY, NEUROSURGERY, SURGICAL CRITICAL CARE, AND REHABILITATION MEDICINE TO ADEQUATELY RESPOND TO AND CARE FOR VARIOUS TRAUMATIC INJURIES.- EMERGENCY DEPARTMENT STAFFED 24/7 BY BOARD-CERTIFIED EMERGENCY PHYSICIANS- BOARD CERTIFIED TRAUMA SURGEONS IN-HOUSE AND AVAILABLE 24/7- OPERATING ROOM DEDICATED SOLELY TO TRAUMA PATIENTS- A STATE OF THE ART SURGICAL INTENSIVE CARE UNIT THAT PROVIDES LIFE-SAVING CARE- A COMPREHENSIVE INJURY PREVENTION PROGRAM PROVIDING EDUCATION AND OUTREACH IN THE COMMUNITY- PROFESSIONAL EDUCATION FOR PHYSICIANS, NURSES, EMERGENCY MEDICAL SERVICES PERSONNEL AND PHYSICIAN LIAISONS- CONDUCT RESIDENT TRAINING IN GENERAL SURGERY, ORTHOPAEDIC SURGERY, NEUROSURGERY AND EMERGENCY MEDICINE - COMMITMENT TO RESEARCH TO STAY ON THE LEADING EDGE OF THE LATEST ADVANCES IN TRAUMA CARE BEING A LEVEL I STATUS DIFFERENTIATES FMLH FROM ALL OTHER HOSPITALS AND EMERGENCY DEPARTMENTS IN THE REGION. DURING FISCAL YEAR 2022, FROEDTERT HAD 72,520 EMERGENCY VISITS AND THE TRAUMA CENTER EVALUATED 4,095 PATIENTS.OTHER PROGRAM SERVICES REVENUEAS PART OF OPERATING AN ACUTE CARE HOSPITAL AND PROVIDING HEALTH CARE SERVICES TO THE COMMUNITY, OTHER REVENUE IS DERIVED IN THE FOLLOWING AREAS:OTHER DEPARTMENT OPERATING REVENUE - REVENUE DERIVED FROM DIFFERENT SERVICES THROUGH THE PROCESS OF PROVIDING PATIENT CARE AND IN THE NORMAL OPERATION OF A MEDICAL FACILITY. INCLUDED IN THIS CATEGORY ARE ITEMS SUCH AS MEANINGFUL USE REVENUE, PHARMACY REVENUE, MEDICAL STAFF APPLICATION FEES, AND REVENUE FROM CLASSES, PUMP RENTALS, AND OTHER WELLNESS SERVICES.DIETARY REVENUE REVENUE DERIVED FROM CAFETERIA SALES, VENDING MACHINE SALES, GUEST TRAY SALES AND EMPLOYEE MEALS. DIETARY SERVICES ARE NECESSARY TO SUPPORT SERVICES TO PATIENT FAMILIES WHILE THEIR LOVED ONE IS RECEIVING CARE IN THE HOSPITAL. THE REVENUE FROM EMPLOYEE MEALS IS A BENEFIT PROVIDED BY THE HOSPITAL AS AN EMPLOYER AND IT ALLOWS OUR STAFF TO REMAIN ON SITE FOR PATIENT CARE.CORPORATE ALLOCATED REVENUE - REVENUE PASSED THROUGH FROM FROEDTERT HEALTH (FH), A RELATED PARTY.INTERCOMPANY REVENUE CONSISTS OF REVENUE DERIVED FROM MEDICAL AND ADMINISTRATIVE SERVICES PROVIDED TO THE OTHER FH ENTITIES. ALL OF THESE SERVICES SUPPORT THE DELIVERY OF HEALTHCARE TO THE COMMUNITY.MISCELLANEOUS REVENUE - REVENUE DERIVED FROM DIFFERENT SERVICES THROUGH THE PROCESS OF PROVIDING PATIENT CARE IN THE NORMAL OPERATION OF A MEDICAL FACILITY. INCLUDED IN THIS CATEGORY ARE ITEMS SUCH AS RENTAL REVENUE, PARKING REVENUE, RESEARCH REVENUE, RECYCLING REVENUE, TAXABLE SALES, AND SALE OF MEDICAL RECORDS, AND INTEREST INCOME.


OUTPATIENT SERVICES - SEE SCHEDULE O


MEDICAL EDUCATION - SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wisconsin Diagnostic Lab
Lab Services
$26,014,065
Hospital Billing & Collection Services
Collection Fees
$3,734,873
Medical College Of Wisconsin
Physician & Medical
$2,566,698
Nxcg Llc
Pharmacy Contr Admin
$332,064
Richard C Miller
Facilities Consultin
$134,411
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$9,124,599
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,124,599
Total Program Service Revenue$2,226,560,314
Investment income $236,321
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$93,041
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,334,062,736

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