Albany Med Health System

Organization Overview

Albany Med Health System, operating under the name Malta Med Emergent Care, is located in Saratoga Springs, NY. The organization was established in 2012. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Malta Med Emergent Care 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 12/2019, Malta Med Emergent Care generated $18.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $15.9m during the year ending 12/2019. While expenses have increased by 4.4% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE THE PEOPLE OF ITS COMMUNITY BY RESPONDING TO THEIR HEALTH CARE NEEDS IN A SUPPORTIVE AND CARING ENVIRONMENT.

Describe the Organization's Program Activity:

THE FOREMOST COMMITMENT OF HEALTHCARE PARTNERS OF SARATOGA LTD (HCP) IS TO PROVIDE HIGH QUALITY, COST EFFECTIVE HEALTH CARE TO INDIVIDUALS AND FAMILIES IN THE COMMUNITIES IT SERVES REGARDLESS OF A PATIENT'S ABILITY TO PAY. HCP ACTIVELY SUPPORTS COMMUNITY-BASED HEALTHCARE AND PROMOTES THE COORDINATION OF SERVICES AMONG HEALTHCARE PROVIDERS AND SOCIAL SERVICES ORGANIZATIONS. IN ADDITION, HCP SEEKS TO WORK COLLABORATIVELY WITH OTHER HEALTH CARE PROVIDERS TO IMPROVE THE HEALTH STATUS OF ITS REGION. HCP IS DEFINED AS AN EMERGENT CARE CENTER, WHICH IS A CROSS BETWEEN AN URGENT CARE CENTER AND A HOSPITAL EMERGENCY DEPARTMENT. THEREFORE, THE FACILITY ACCOMMODATES A WIDE RANGE OF MEDICAL NEEDS. HCP OFFERS 24-HOUR ACCESS TO EMERGENCY MEDICINE PHYSICIANS FOR URGENT CARE. THESE PHYSICIANS ARE EQUIPPED TO TREAT PATIENTS WITH ANY LEVEL OF URGENT CARE NEEDS. PATIENTS TREATED AND TRIAGED ARE DISCHARGED HOME WITH FOLLOW UP TO THEIR PRIMARY CARE OR SPECIALIST, THUS AVOIDING AN EMERGENCY ROOM VISIT TO THEIR LOCAL HOSPITAL. DURING 2019, HCP ACCOMMODATED APPROXIMATELY 34,000 URGENT CARE VISITS. IN ADDITION, OTHER SERVICES PROVIDED DURING THE YEAR INCLUDED OUTPATIENT X-RAY (17,583 TESTS), ULTRASOUND (7,448 TESTS), COMPUTED TOMOGRAPHY (6,162 TESTS), MAGNETIC RESONANCE IMAGING (1,635 TESTS) AND LABORATORY SERVICES (189,054 TESTS).


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Saratoga Emergency Physicians Inc
Physicians Services
$429,098
Laboratory Corp Of America
Medical Laboratory Testing
$290,314
Scribeamerica
Transcription Services
$205,893
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
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$0
Total Program Service Revenue$18,760,827
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 $18,761,699

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