Frederick Health Hospital Inc is located in Frederick, MD. The organization was established in 1938. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Frederick Health Hospital Inc employed 3,061 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frederick Health 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 06/2020, Frederick Health Hospital Inc generated $377.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $356.8m during the year ending 06/2020. While expenses have increased by 1.3% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO POSITIVELY IMPACT THE WELL-BEING OF EVERY INDIVIDUAL IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT INPATIENT SERVICES IN FY 2021, FREDERICK HEALTH HOSPITAL'S INPATIENT MEDICAL-SURGICAL DEPARTMENTS PROVIDED QUALITY, PATIENT-CENTERED CARE, REGARDLESS OF ABILITY TO PAY, TO APPROXIMATELY 17,143 INPATIENTS AND OBSERVATION PATIENTS. MAJOR MEDICAL AND SURGICAL SERVICES INCLUDE CARDIOLOGY, CONGESTIVE HEART FAILURE, POST-CARDIAC CATHETERIZATION, CENTER FOR CHEST PAIN, HEMODIALYSIS, PERITONEAL DIALYSIS, NEUROLOGY, NEUROSURGERY, PULMONOLOGY, ONCOLOGY, ORTHOPEDICS, GENERAL MEDICINE AND SURGICAL CARE. INPATIENT CARE IS SUPPORTED BY A TEAM OF BOARD CERTIFIED PHYSICIAN HOSPITALISTS. IN ADDITION, FHH IS DESIGNATED AS A PRIMARY STROKE CENTER BY THE MARYLAND INSTITUTE OF EMERGENCY MEDICAL SERVICE SYSTEMS (MIEMSS) AND IS RECOGNIZED WITH THE STROKE CENTER GOLD PERFORMANCE AWARD BY THE AMERICAN HEART ASSOCIATION. OUR BARIATRIC SURGICAL PROGRAM IS ACCREDITED BY THE AMERICAN SOCIETY FOR METABOLIC AND BARIATRIC SURGERY AS A BARIATRIC SURGERY CENTER OF EXCELLENCE. IN ADDITION TO THE PROGRAM SERVICE EXPENSES LISTED HERE, FHH INCURRED $54.9 MILLION OF GENERAL AND ADMINISTRATIVE EXPENSES IN MEETING THE HEALTH NEEDS OF OUR PRIMARY SERVICE AREA.
PERIOPERATIVE SERVICES FREDERICK HEALTH HOSPITAL'S PERIOPERATIVE SERVICES PROVIDED HIGH QUALITY CARE TO 8,594 SURGICAL AND ENDOSCOPY PATIENTS IN FISCAL YEAR 2021. PROCEDURES WERE PERFORMED IN OUR STATE OF THE ART FACILITY WHICH INCLUDES A DEDICATED IMAGING ROOM FOR VASCULAR AND OTHER PROCEDURES. WE HAVE PARTICIPATED IN THE SCIP QUALITY IMPROVEMENT PROJECT FOR CONTINUAL IMPROVEMENTS IN CARE FOLLOWING EVIDENCE BASED MEDICINE. WE TRACKED OUR PATIENT SATISFACTION THROUGH PRESS GANEY TO BENCHMARK OUR RESULTS TO THE NATIONAL DATA BASE. IN ADDITION TO THE PROGRAM SERVICES EXPENSE LISTED HERE, FHH INCURRED $54.9 MILLION OF GENERAL AND ADMINISTRATIVE EXPENSES IN MEETING THE HEALTH NEEDS OF OUR PRIMARY SERVICE AREA.
CLINICAL LABORATORY FREDERICK HEALTH HOSPITAL'S CLINICAL LABORATORY PLAYS A VITAL ROLE ACROSS THE ENTIRE CONTINUUM OF HEALTH CARE BOTH WITHIN THE HOSPITAL AND THE COMMUNITY. CLINICAL LABORATORY TESTING HEAVILY IMPACTS CLINICAL DECISION MAKING BY PROVIDING PHYSICIANS, NURSES AND OTHER HEALTH CARE PROVIDERS WITH IMPORTANT INFORMATION NEEDED FOR THE PREVENTION, DIAGNOSIS, TREATMENT AND MANAGEMENT OF DISEASE. UP TO 85 PERCENT OF DIAGNOSIS AND TREATMENT DECISIONS ARE BASED ON LABORATORY RESULTS. LABORATORY TEST RESULTS COMPRISE ABOUT 70 PERCENT OF THE AVERAGE PATIENT'S MEDICAL RECORD. VIRTUALLY EVERY PRACTICING PHYSICIAN DEPENDS UPON THE CLINICAL LABORATORY FOR THE CARE OF HIS OR HER PATIENT. FREDERICK HEALTH HOSPITAL LABORATORY PERFORMED OVER 1.6 MILLION BILLABLE LABORATORY TESTS INCLUDING 150,000 COVID-19 PCR TESTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas A Kleinhanzl President And CEO | OfficerTrustee | 40 | $1,365,568 |
Michelle K Mahan Sr VP And CFO | Officer | 40 | $807,351 |
Manuel A Casiano SVP Population Health | Officer | 14 | $540,819 |
Cheryl L Cioffi SVP COO | Officer | 14 | $493,126 |
Mary A Mcdonald Medical Dir Hospice | 4 | $360,316 | |
Mary D Barton Vp-Business Develop. & Strat. | Officer | 30 | $332,675 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Sound Physicians Physician Services | 6/29/21 | $3,947,504 |
Txteam Rehab Inc Rehab Services | 6/29/21 | $8,511,619 |
Quest Diagnostics Laboratory Services | 6/29/21 | $2,674,467 |
Blacktree Healthcare Consulting Revenue Cycle Mgmt | 6/29/21 | $1,202,884 |
Critical Care Associates Llc Physician Services | 6/29/21 | $1,169,458 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,909,204 |
Investment income | $3,798,581 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $934,549 |
Net Gain/Loss on Asset Sales | $536,104 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $377,305,258 |
Statement of Expenses | |
---|---|
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. | $6,851,639 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $137,774,734 |
Pension plan accruals and contributions | $7,941,642 |
Other employee benefits | $14,623,298 |
Payroll taxes | $10,334,404 |
Fees for services: Management | $1,534,602 |
Fees for services: Legal | $1,502,100 |
Fees for services: Accounting | $493,050 |
Fees for services: Lobbying | $20,159 |
Fees for services: Fundraising | $58,500 |
Fees for services: Investment Management | $383,849 |
Fees for services: Other | $66,373,173 |
Advertising and promotion | $1,928,350 |
Office expenses | $8,495,131 |
Information technology | $10,070,122 |
Royalties | $0 |
Occupancy | $6,255,675 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $108,539 |
Conferences, conventions, and meetings | $149,886 |
Interest | $5,013,801 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,044,257 |
Insurance | $3,731,119 |
All other expenses | $0 |
Total functional expenses | $356,761,336 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $82,862,545 |
Pledges and grants receivable | $4,425,589 |
Accounts receivable, net | $49,957,167 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $7,171,648 |
Prepaid expenses and deferred charges | $5,257,017 |
Investments—publicly traded securities | $169,326,844 |
Investments—other securities | $0 |
Investments—program-related | $51,317,774 |
Intangible assets | $0 |
Other assets | $32,369,283 |
Total assets | $636,115,056 |
Accounts payable and accrued expenses | $49,075,187 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $118,839,613 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $93,875,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $120,378,134 |
Total liabilities | $382,167,934 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $253,947,122 |
Over the last fiscal year, we have identified 1 grants that Frederick Health Hospital Inc has recieved totaling $800.
Awarding Organization | Amount |
---|---|
Alice Kolb Tax Exempt Charitable Tr Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $800 |
Beg. Balance | $976,177 |
Ending Balance | $976,177 |
Organization Name | Assets | Revenue |
---|---|---|
Presbyterian Medical Center Of The University Of Pennsylvania Health Philadelphia, PA | $864,132,692 | $1,007,924,819 |
Abington Memorial Hospital Philadelphia, PA | $948,017,930 | $858,404,541 |
Sinai Hospital Of Baltimore Inc Baltimore, MD | $642,141,254 | $936,777,270 |
Mary Washington Healthcare Fredericksburg, VA | $593,675,918 | $863,388,863 |
Bayhealth Medical Center Inc Dover, DE | $1,592,804,671 | $861,509,299 |
Tower Health Reading, PA | $1,567,530,050 | $562,187,138 |
Cabell Huntington Hospital Inc Huntington, WV | $1,087,986,142 | $722,910,695 |
Pennsylvania Hospital Of The Univ Of Pennsylvania Health System Philadelphia, PA | $773,767,590 | $678,080,811 |
Johns Hopkins Bayview Medical Center Inc Baltimore, MD | $440,914,055 | $670,376,991 |
Kennedy University Hospital Inc Philadelphia, PA | $1,241,829,856 | $668,598,689 |
Franklin Square Hospital Center Inc Baltimore, MD | $352,871,142 | $621,968,540 |
Holy Cross Health Inc Silver Spring, MD | $1,036,467,989 | $628,720,499 |