Albany Medical Center Group Organization

Organization Overview

Albany Medical Center Group Organization is located in Albany, NY. The organization was established in 2014. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Albany Medical Center Group Organization employed 18,296 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Albany Medical Center Group Organization 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 12/2023, Albany Medical Center Group Organization generated $3.0b in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $3.1b during the year ending 12/2023. While expenses have increased by 10.8% per year over the past 9 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 2014, Albany Medical Center Group Organization has awarded 50 individual grants totaling $128,302,946. 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INPATIENT AND OUTPATIENT SERVICES - PROVISION OF INPATIENT AND OUTPATIENT SERVICES INCLUDING SPECIALIZED NURSING SERVICES AND EMERGENCY ROOM. 2023 EXPERIENCED OVER 765,000 PATIENT VISITS AND OVER 381,000 PATIENT DAYS.


ALBANY MEDICAL CENTER HOSPITAL AND AFFILIATES:OPERATING AND RECOVERY ROOM: INPATIENT AND OUTPATIENT OPERATING ROOM SERVICES INCLUDING OPEN HEART PROGRAM, TRANSPLANT SERVICES AND SPECIALIZED TRAUMA SERVICES. APPROXIMATELY 29,411 TOTAL CASES PERFORMED WITH 8,688 INPATIENT, 2,673 SAME DAY, AND 18,050 OUTPATIENT.OTHER PATIENT CARE BASED SERVICES: TOTALED APPROXIMATELY $115 MILLION IN EXPENDITURES. THE GROUP ORGANIZATION RECEIVES GENERAL EXPENSE REIMBURSEMENTS FOR RELATED PATIENT CARE SERVICES.LABORATORY SERVICES (ADULT & PEDS): INPATIENT AND OUTPATIENT SERVICES INCLUDING CLINICAL CHEMISTRY, BLOOD BANK, HEMATOLOGY, SEROLOGY AND MICROBIOLOGY.THE ORGANIZATION HAS CERTAIN OTHER EXEMPT FUNCTION REVENUES WHICH TOTAL APPROXIMATELY $5 MILLION.INSTRUCTION: AS AN EDUCATIONAL INSTITUTION, THE MAIN FUNCTION IS TO TEACH APPROXIMATELY 800 STUDENTS.RESEARCH: AS A MEDICAL COLLEGE, THE ORGANIZATION UNDERTAKES NUMEROUS RESEARCH PROJECTS DURING THE COURSE OF THE YEAR. THE EXPENDITURES FOR ACTIVITIES SPECIFICALLY ORGANIZED TO PROVIDE RESEARCH OUTCOMES IS APPROXIMATELY $21 MILLION.FOUNDATION: THE GROUP ORGANIZATION INCLUDES A FOUNDATION, WHOSE PRIMARY FUNCTION IS TO RAISE FUNDS FOR CONSTRUCTION, RESEARCH, SUPPORT AND ENDOWMENT PURPOSES FOR EXEMPT ORGANIZATIONS, INCLUDING ALBANY MEDICAL COLLEGE, ALBANY MEDICAL CENTER HOSPITAL, ALBANY MED HEALTH SYSTEM, AMC ALUMNI ASSOCIATION, AND CENTER FOR DONATION AND TRANSPLANT, VIA DIRECT MAIL - COMMUNITY BASED PROGRAMS, TELETHON, RADIOTHON, SPECIAL EVENTS - GOLF OUTINGS, DINNERS, ETC., PLUS GIFT-IN-KIND (GIK) DONATIONS.CENTER FOR DONATION AND TRANSPLANT (CDT): RESEARCH/EDUCATION - PRIMARY PURPOSE IS TO FACILITATE PROCUREMENT AND EQUITABLE DISTRIBUTION OF MEDICALLY SUITABLE ORGANS FOR TRANSPLANTATION. ALSO, CDT IS TO ENSURE THAT FAMILIES ARE INFORMED ON OPTIONS FOR ORGAN DONATION. SUPPORT FAMILY AND HOSPITAL PERSONNEL INVOLVED IN THE DONATION PROCESS AND EDUCATE THE UPSTATE MEDICAL PROFESSION ON ORGAN PROCUREMENT.SARATOGA CARE, INC. (SCI): THE FOREMOST COMMITMENT OF SCI IS TO ENABLE ITS AFFILIATED ENTITY (SARATOGA HOSPITAL) TO PROVIDE SUPERIOR QUALITY HEALTHCARE TO THE PEOPLE OF OUR COMMUNITY REGARDLESS OF THEIR ABILITY TO PAY.KIDSKELLER: CHILDREN FROM EIGHT WEEKS TO KINDERGARTEN AGE MAY ENROLL. EDUCATIONAL ACTIVITIES FOR THESE VARIED AGE GROUPS FOLLOW A DEVELOPMENTAL SEQUENCE WHICH INCLUDES AGE APPROPRIATE ACTIVITIES FOR THE DEVELOPMENT OF COGNITIVE SKILLS, FINE AND GROSS MOTOR SKILLS, SOCIAL-EMOTIONAL GROWTH AND ACTIVITIES OF DAILY LIVING SKILLS.COLUMBIA MEMORIAL HOSPITAL FOUNDATION: THE ORGANIZATION OPERATES TO ASSIST THE COLUMBIA MEMORIAL HOSPITAL TO DEVELOP, EXPAND AND FUND MEDICAL SERVICES PROVIDED TO RESIDENTS OF COLUMBIA, GREENE, AND NORTHERN DUTCHESS COUNTIES, NY.KAATERSKILL COMMONS, INC (KCI): THIS ORGANIZATION OWNS AND OPERATES A 21 UNIT APARTMENT PROJECT LOCATED IN CATSKILL NY. THE TENANTS ARE QUALIFY LOW INCOME ELDERLY.SARATOGA REGIONAL MEDICAL, P.C. (SRM) IS ORGANIZED AND OPERATED FOR THE PURPOSE OF PROMOTING HEALTH BY PROVIDING MEDICAL CARE TO THE COMMUNITY SERVED BY SARATOGA HOSPITAL. SRM ALSO OPERATES A NEPHROLOGY SITE IN GLENS FALLS, NY. SARATOGA HOSPITAL MEDICAL GROUP - NEPHROLOGY AT GLENS FALLS OFFERS ITS PATIENTS AN OUTSTANDING TEAM OF BOARD-CERTIFIED PHYSICIANS, EMPLOYING THE MOST ADVANCED DIAGNOSTIC TECHNIQUES TO IDENTIFY, DEVELOP A TREATMENT PLAN, AND MANAGE KIDNEY DISEASE. IN 2023, PROVIDERS AT THIS LOCATION SAW APPROXIMATELY 2,600 PATIENT VISITS. SARATOGA HOSPITAL MEDICAL GROUP PULMONOLOGY OFFERS OUR PATIENTS AN OUTSTANDING TEAM OF BOARD-CERTIFIED, FELLOWSHIP-TRAINED PHYSICIANS, EMPLOYING THE MOST UP-TO-DATE EQUIPMENT AND ADVANCED DIAGNOSTIC TECHNIQUES WORKING WITHIN THE FULL SPECTRUM OF PULMONARY CARE. AMONG OTHER CONDITIONS, OUR PRACTICE ADDRESSES COPD (CHRONIC OBSTRUCTIVE PULMONARY DISEASE), INCLUDING EMPHYSEMA AND CHRONIC BRONCHITIS; ASTHMA; INTERSTITIAL LUNG DISEASE; DVT (DEEP VEIN THROMBOSIS); PULMONARY EMBOLISM; CHRONIC COUGH; LUNG CANCER; SARCOIDOSIS; PULMONARY HYPERTENSION; PLEURAL EFFUSION; BRONCHIECTASIS; CYSTIC FIBROSIS AND PNEUMONIA. IN 2023, PROVIDERS AT THIS LOCATION SAW APPROXIMATELY 6,300 PATIENT VISITS. SARATOGA HOSPITAL PRIMARY CARE SARATOGA IS A PRIMARY CARE LOCATION THAT OFFERS OUR PATIENTS AN OUTSTANDING TEAM OF BOARD-CERTIFIED PHYSICIANS AND ADVANCED PRACTICE PROVIDERS WHO ARE EXPERIENCED IN PEDIATRICS AND ADULT MEDICINE. IN 2023, PROVIDERS AT THIS LOCATION SAW APPROXIMATELY 7400 PATIENT VISITS. THE SARATOGA BACKSTRETCH CLINIC OFFERS HOSPITAL CLINICIANS WHO PROVIDE PRIMARY CARE AND BEHAVIORAL HEALTH SERVICES, ALONG WITH SPECIALTY SERVICES IN DERMATOLOGY AND ENDOCRINOLOGY TO THE RACING COMMUNITY. IN 2023, PROVIDERS AT THE LOCATION SAW APPROXIMATELY 587 PATIENT VISITS.HEALTHCARE PARTNERS OF SARATOGA LTD: THE FOREMOST COMMITMENT OF HEALTHCARE PARTNERS OF SARATOGA LTD (HCP) IS TO PROVIDE HIGH QUALITY, COST EFFECTIVE HEALTHCARE 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 ACCOMODATES A WIDE RANGE OF MEDICAL NEEDS. HCP OFFERS 24-HOUR ACCESS TO EMERGENCYMEDICINE 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 2023, HCP ACCOMMODATED APPROXIMATELY 48,500 URGENT CARE VISITS. IN ADDITION, OTHER SERVICES PROVIDED DURING THE YEAR INCLUDED OUTPATIENT X-RAY (21,550), ULTRASOUND (11,118), COMPUTED TOMOGRAPHY (12,827), MAGNETIC RESONANCE IMAGING (2,603 TESTS) AND LABORATORY SERVICES (280,886 TESTS).NURSING, THERAPY, AND HOME HEALTH AIDE SERVICES: THE PURPOSE OF THE VISITING NURSE ASSOCIATION IS TO PROVIDE RESOURCES AND ASSISTANCE IN THE MANAGEMENT, PLANNING AND COORDINATION OF HOME HEALTH SERVICES AND, IN CONNECTION THEREWITH, TO BE OPERATED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE VISITING NURSE ASSOCIATION OF ALBANY, INC. ALBANY MED HEALTH SYSTEM STAFFING ALLIANCE LLC WAS FORMED TO PROVIDE CONTRACTED/TEMPORARY PERSONNEL EXCLUSIVELY TO ITS AFFILIATED NOT-FOR-PROFIT HOSPITALS IN THE GREATER CAPITAL DISTRICT REGION OF NEW YORK STATE.


FACULTY PRACTICE - FACULTY PRACTICE ALBANY MEDICAL CENTER OPERATES A CLINICAL PRACTICE ACTIVITY (PATIENT CARE) FOR THE FACULTY OF THE ALBANY MEDICAL COLLEGE. 2023 EXPERIENCED OVER 700,000 PATIENT VISITS.


DIAGNOSTIC AND TESTING SERVICES - INPATIENT AND OUTPATIENT SERVICES INCLUDING DIAGNOSTIC IMAGING, RADIATION THERAPY AND CARDIAC CATHETERIZATION. IN 2023 INPATIENT PROFESSIONAL SERVICES TOTALED 95,417; OUTPATIENT SERVICES TOTALED 47,114 AND ER SERVICES WAS APPROXIMATELY 98,851.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Healthtrust Workforce Solution
Staffing Solutions
$79,077,488
Community Care Physicians Pc
Medical Mgmt Serv
$17,518,908
Shields Health Solutions
Medical Services
$12,468,321
Aramark Healthcare
Environmental Serv
$9,523,318
Medical Solutions Llc
Medical Services
$5,801,436
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$3,064,635
Related organizations$13,305,248
Government grants $24,929,054
All other contributions, gifts, grants, and similar amounts not included above$24,335,869
Noncash contributions included in lines 1a–1f $524,226
Total Revenue from Contributions, Gifts, Grants & Similar$65,634,806
Total Program Service Revenue$2,703,105,909
Investment income $26,128,842
Tax Exempt Bond Proceeds $107,341
Royalties $0
Net Rental Income $955,866
Net Gain/Loss on Asset Sales $9,598,219
Net Income from Fundraising Events -$591,530
Net Income from Gaming Activities $25,769
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,043,687,323

Grants Awarded

Over the last fiscal year, Albany Medical Center Group Organization has awarded $12,129,235 in support to 6 organizations.

Grant RecipientAmount

ALBANY MEDICAL COLLEGE

PURPOSE: FUND SCHOLARSHIPS AND RESEARCH

$8,803,054

ALBANY MEDICAL CENTER HOSPITAL

PURPOSE: FUND RESEARCH AND HEALTHCARE

$1,256,839

ALBANY MED HEALTH SYSTEM

PURPOSE: EQUIPMENT/TECHNOLOGY

$302,600

AMC ALUMNI ASSOCIATION

PURPOSE: FUND SCHOLARSHIPS

$412,452

COLUMBIA MEMORIAL HOSPITAL

PURPOSE: SUPPORT SARATOGA HOSPITAL

$784,244

THE SARATOGA HOSPITAL

PURPOSE: SUPPORT COLUMBIA MEMORIAL HOSPITAL

$570,046
View Grant Profile

Peer Organizations

Organization NameAssets
Southcoast Hospitals Group Inc
New Bedford, MA
$1,019,838,643
South Shore University Hospital
Westbury, NY
$975,282,356
Physician Affiliate Group Of New York Pc
New York, NY
$888,235,013
Svmc Holdings Inc
Bridgeport, CT
$616,264,745
Barnabas Health Medical Group P C
Oceanport, NJ
$581,932,731
St Barnabas Hospital
Bronx, NY
$573,321,036
Virtua Medical Group Pa
Marlton, NJ
$361,983,423
Richmond Medical Center
Staten Island, NY
$436,285,793
St Lukes Hospital Anderson Campus
Allentown, PA
$393,544,358
Winchester Hospital
Winchester, MA
$356,181,766
Stc Healthcare Partners Llc
Reading, PA
$307,110,689
Penn State Health Holy Spirit Medical Center
Hershey, PA
$317,249,351
St Joseph Regional Health Network
Hershey, PA
$307,422,246
St Catherine Of Siena Medical Center
Smithtown, NY
$259,082,241
Plainview Hospital
Westbury, NY
$273,518,811
Kings Physician Services Pc
Brooklyn, NY
$260,613,986
Glen Cove Hospital
Westbury, NY
$239,768,993
Healthalliance Hospital Marys Avenue Campus
Kingston, NY
$200,426,311
Stony Brook Internists P C
Stony Brook, NY
$189,262,962
Uniontown Hospital
Uniontown, PA
$154,679,051
Kennedy Medical Group Practice Pc
Philadelphia, PA
$91,785,357
Wmc-New York Inc
Valhalla, NY
$124,578,683
The Winifred Masterson Burke Rehabilitation Hospital
White Plains, NY
$126,645,002
Riverside Community Care Inc
Dedham, MA
$111,921,808
Cayuga Medical Associates Pc
Ithaca, NY
$107,551,658

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