Washington Hospital Center Corporation, operating under the name Medstar Washington Hospital Center, is located in Washington, DC. The organization was established in 1959. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Medstar Washington Hospital Center employed 6,894 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medstar Washington Hospital Center 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 06/2021, Medstar Washington Hospital Center generated $1.6b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.5b during the year ending 06/2021. While expenses have increased by 4.5% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE OMWHC IS DEDICATED TO PROVIDING THE REGION WITH THE HIGHEST QUALITY AND LATEST MEDICAL ADVANCES THROUGH EXCELLENCE IN PATIENT CARE, EDUCATION, AND RESEARCH.
Describe the Organization's Program Activity:
SEE SCHEDULE OMEDSTAR WASHINGTON HOSPITAL CENTER'S IS THE CITY'S LARGEST AND BUSIEST HOSPITAL, PROVIDING ACUTE CARE SERVICES TO THE COMMUNITIES OF NORTHEAST WASHINGTON, D.C. AND THE SURROUNDING AREAS. IN ADDITION TO THE PROGRAM SERVICE EXPENSES LISTED ABOVE, MWHC INCURRED $317.4M OF MANAGEMENT AND GENERAL EXPENSES IN PROVIDING SERVICES TO ITS COMMUNITIES. IT OFFERS PRIMARY, SECONDARY AND TERTIARY HEALTH SERVICES TO ADULT AND NEONATAL PATIENTS AND IS A MAJOR REFERRAL CENTER FOR THE MOST COMPLEX TERTIARY SERVICES. THE HOSPITAL IS ALSO HOME TO MEDSTAR, A NATIONALLY VERIFIED LEVEL I TRAUMA CENTER WITH A STATE-OF-THE-ART FLEET OF HELICOPTERS AND AMBULANCES AND OPERATES THE REGION'S ONLY ADULT BURN CENTER. MEDSTAR WASHINGTON HOSPITAL CENTER HAS CONSISTENTLY BEEN RECOGNIZED AS ONE OF THE NATION'S TOP 50 CARDIOVASCULAR CENTERS BY U.S. NEWS & WORLD REPORT. IT IS THE ONLY HOSPITAL IN THE WASHINGTON, D.C. REGION WITH A NATIONALLY RANKED CARDIOLOGY AND HEART SURGERY PROGRAM. IT WAS ALSO NAMED AS ONE OF THE BEST REGIONAL HOSPITALS AND ITS NEPHROLOGY AND UROLOGY CARE WAS NAMED AS HIGH PERFORMING SPECIALTIES BY THE PUBLICATION. MEDSTAR WASHINGTON HOSPITAL CENTER'S CANCER INSTITUTE OFFERS CANCER TREATMENT, THERAPIES AND ACCESS TO CUTTING-EDGE CLINICAL TRIALS. IT ALSO OFFERS COMPREHENSIVE AMBULATORY CARE THROUGH A WIDE RANGE OF MEDICAL AND SURGICAL SPECIALTY OUTPATIENT CLINIC PROGRAMS. MEDSTAR WASHINGTON HOSPITAL CENTER OPERATES A COMPREHENSIVE STROKE CENTER AS WELL AS THE REGION'S ONLY JOINT COMMISSION-CERTIFIED CARDIAC VENTRICULAR ASSIST DEVICE PROGRAM. THE HOSPITAL IS KNOWN FOR INNOVATION AND IS OFTEN THE FIRST IN THE REGION TO UTILIZE NEW LIFESAVING EQUIPMENT AND PROCEDURES.SINCE MARCH 2020, MEDSTAR HEALTH HAS CARED FOR 1 IN 4 COVID-19 PATIENTS IN THE REGION. OPERATING AS ONE MEDSTAR AND ALIGNING WITH GUIDANCE FROM THE CENTERS FOR DISEASE CONTROL AND PREVENTION (CDC) AND LOCAL DEPARTMENTS OF HEALTH, MEDSTAR HEALTH COVID-19 PREPARATIONS AND RESPONSE ARE GUIDED BY THREE CRITICAL DRIVERS: PROVIDING A SAFE CARE ENVIRONMENT FOR PATIENTS AND ASSOCIATES; MITIGATING COMMUNITY SPREAD OF COVID-19; AND ENSURING OPERATIONAL CONTINUITY TO FULFILL OUR CORE MISSION OF CARING FOR OUR COMMUNITIES.THESE EFFORTS HAVE EVOLVED AND TRANSITIONED IN MULTIPLE WAY THROUGHOUT THE DURATION OF THE COVID-19 PANDEMIC, LEADING TO A NUMBER OF INTEGRATED CARE APPROACHES IN PLACE TODAY: UTILIZATION OF MEDSTAR HEALTH URGENT CARE, EVISITS AND OUR DIGITAL CAPABILITIES TO CREATE ACCESS, RAPID STAND-UP OF TESTING SITES, USE OF TELEHEALTH FOR PRIMARY CARE AND FOLLOW-UP VISITS, UTILIZATION OF MEDSTAR HEALTH HOME CARE TO SAFELY MANAGE THE CARE CONTINUUM NEEDS FOR PATIENTS, DEPLOYMENT OF INNOVATIVE LABORATORY APPROACHES INTEGRATED WITH OCCUPATIONAL HEALTH TO BETTER SUPPORT ASSOCIATES MANAGING THROUGH COVID-19 EXPOSURES, STAND-UP OF A BUDDY PROGRAM WHERE NON-CLINICAL ASSOCIATES TAKE SHIFTS TO PROVIDE SUPPORT SERVICES FOR NURSING AND CARE TEAMS, ESTABLISHMENT OF COMMUNITY MOBILE UNITS AND CLINICS FOR COVID-19 VACCINATIONS/BOOSTERS, SUPPLY AND MAINTAIN PERSONAL PROTECTIVE EQUIPMENT (PPE), N95 RESPIRATORS, COVID-19 VACCINES AND BOOSTERS, EXECUTION OF A MANDATORY COVID-19 VACCINATION POLICY RESULTING IN 99% OF ASSOCIATES AND PHYSICIANS VACCINATED AGAINST COVID-19, AND ADMINISTRATION OF MORE THAN 253,000 COVID-19 VACCINATIONS/BOOSTERS ACROSS THE REGION.
MEDSTAR WASHINGTON HOSPITAL CENTER PROVIDED $92.6M IN SUBSIDIZED (MISSION DRIVEN) HEALTH SERVICES IN FISCAL YEAR 2021. THESE CRITICAL SERVICES, WHICH ARE DRIVEN BY COMMUNITY NEEDS, OPERATE AT A LOSS. THEY ADDRESS PRIORITIES PRIMARILY THROUGH DISEASE PREVENTION AND IMPROVEMENT OF HEALTH STATUS. SERVICES PROVIDED INCLUDE OUTPATIENT PRIMARY CARE, PSYCHIATRY, TRAUMA, DIABETES AND STROKE TREATMENT, EMERGENCY CARE, WOMEN'S HEALTH, AND CARDIOLOGY.
MEDSTAR WASHINGTON HOSPITAL CENTER PROVIDED $69.2M IN HEALTH PROFESSIONS EDUCATION IN FISCAL YEAR 2021. THIS CATEGORY INCLUDES TRAINING IN GRADUATE MEDICAL EDUCATION, AND EDUCATION FOR PHYSICIANS, MEDICAL STUDENTS, NURSES, AND OTHER HEALTH PROFESSIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory Argyros MD Board Member/president | OfficerTrustee | 40 | $1,345,760 |
Stuart Seides Physician | 40 | $863,387 | |
Hiroto Kitahara Physician | 40 | $863,268 | |
Jeffrey Dubin Sr. Vp, Medical Affairs & Cmo | 40 | $860,878 | |
Stanley Chia Board Member | Trustee | 40 | $855,520 |
Abdullah Alfawaz Physician | 40 | $742,929 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Amn Healthcare Inc Staffing Services | 6/29/21 | $19,162,780 |
Sodexo Inc & Affiliates Food&facilities Mgmt | 6/29/21 | $5,853,740 |
Metro Aviation Professional Service | 6/29/21 | $5,668,188 |
Diamond Healthcare Of Northern Virginia Medical Staffing | 6/29/21 | $14,195,817 |
Rolyn Llc Facilities Services | 6/29/21 | $4,394,757 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $37,306,025 |
All other contributions, gifts, grants, and similar amounts not included above | $7,843,912 |
Noncash contributions included in lines 1a–1f | $834,978 |
Total Revenue from Contributions, Gifts, Grants & Similar | $45,149,937 |
Total Program Service Revenue | $1,523,118,173 |
Investment income | $1,330,792 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $271,587 |
Net Gain/Loss on Asset Sales | $2,122,430 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,590,954,895 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,784,985 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $3,870,157 |
Compensation of current officers, directors, key employees. | $393,440 |
Compensation to disqualified persons | $116,929 |
Other salaries and wages | $671,171,566 |
Pension plan accruals and contributions | $9,721,007 |
Other employee benefits | $75,406,083 |
Payroll taxes | $42,617,144 |
Fees for services: Management | $154,251,964 |
Fees for services: Legal | $138,347 |
Fees for services: Accounting | $150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $85,070,733 |
Advertising and promotion | $4,096,132 |
Office expenses | $13,923,244 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,811,366 |
Travel | $738,392 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $578,560 |
Interest | $9,295,471 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $43,075,105 |
Insurance | $22,974,146 |
All other expenses | $40,163,331 |
Total functional expenses | $1,521,142,873 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $101,922 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $5,905,042 |
Accounts receivable, net | $295,780,886 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $24,859,194 |
Prepaid expenses and deferred charges | $3,859,386 |
Net Land, buildings, and equipment | $250,455,302 |
Investments—publicly traded securities | $0 |
Investments—other securities | $144,699,881 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $26,201,479 |
Total assets | $751,863,092 |
Accounts payable and accrued expenses | $105,294,396 |
Grants payable | $0 |
Deferred revenue | $4,135,180 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $284,348,877 |
Total liabilities | $393,778,453 |
Net assets without donor restrictions | $334,227,172 |
Net assets with donor restrictions | $23,857,467 |
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 | $751,863,092 |
Over the last fiscal year, we have identified 1 grants that Washington Hospital Center Corporation has recieved totaling $4,497.
Awarding Organization | Amount |
---|---|
Casey-Clark Trust 01467 Nect Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $4,497 |
Beg. Balance | $8,255,702 |
Earnings | $648,367 |
Net Contributions | $100,000 |
Ending Balance | $9,004,069 |
Organization Name | Assets | Revenue |
---|---|---|
Hh Medstar Health Inc Columbia, MD | $303,491,180 | $865,504,764 |
Virginia Hospital Center Arlington Health System Arlington, VA | $1,877,524,577 | $673,514,509 |
The Johns Hopkins Health System Corporation Baltimore, MD | $2,298,014,981 | $561,406,992 |
Carilion Services Inc Roanoke, VA | $938,637,589 | $302,052,496 |
Medstar Health Inc Columbia, MD | $4,670,764,797 | $275,133,645 |
Lifebridge Health Inc Baltimore, MD | $1,819,873,419 | $264,714,796 |
Sentara Healthcare Norfolk, VA | $7,353,677,948 | $1,030,614,538 |
Atlantic General Hospital Berlin, MD | $146,943,477 | $155,666,646 |
Valley Health System Winchester, VA | $93,641,578 | $157,041,843 |
Mary Washington Healthcare Fredericksburg, VA | $690,208,407 | $147,982,838 |
Bon Secours Memorial Regional Medical Center Llc Richmond, VA | $0 | $143,789,803 |
Luminis Health Inc Annapolis, MD | $817,492,889 | $110,470,140 |