Medstar-Georgetown Medical Center Inc

Organization Overview

Medstar-Georgetown Medical Center Inc, operating under the name Medstar Georgetown University Hospital, is located in Washington, DC. The organization was established in 2000. 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 06/2022, Medstar Georgetown University Hospital employed 5,260 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medstar Georgetown University Hospital 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 Georgetown University Hospital generated $1.4b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $1.2b during the year ending 06/2021. While expenses have increased by 2.7% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE OTO PROVIDE PHYSICAL AND SPIRITUAL COMFORT TO OUR PATIENTS AND THEIR FAMILIES IN THE JESUIT TRADITION OF CURA PERSONALIS, CARING FOR THE WHOLE PERSON.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OMEDSTAR GEORGETOWN UNIVERSITY HOSPITAL'S LARGEST PROGRAM IS THE PROVISION OF ACUTE HOSPITAL SERVICES TO THE COMMUNITIES OF THE NORTHWEST WASHINGTON, D.C. AND THE SURROUNDING AREAS. IN ADDITION TO THE PROGRAM SERVICE EXPENSES LISTED ABOVE, MEDSTAR GEORGETOWN INCURRED $239.6M OF MANAGEMENT AND GENERAL EXPENSES IN PROVIDING SERVICES TO ITS COMMUNITIES. MEDSTAR GEORGETOWN'S CENTERS OF EXCELLENCE INCLUDE NEUROSCIENCES, TRANSPLANTATION, CANCER AND GASTROENTEROLOGY. THE HOSPITAL IS ONE OF A FEW CENTERS IN THE WORLD PROVIDING LIVING-DONOR LIVER TRANSPLANTATION. MEDSTAR GEORGETOWN'S NEUROSCIENCES PROGRAM IS RECOGNIZED AS AN ADVANCED PRIMARY STROKE CENTER BY THE JOINT COMMISSION AND IS A NATIONAL PARKINSON FOUNDATION CENTER OF EXCELLENCE FOR PARKINSON'S DISEASE AND OTHER MOVEMENT DISORDERS. MEDSTAR GEORGETOWN'S LOMBARDI COMPREHENSIVE CANCER CENTER IS ONE OF ONLY 52 CENTERS IN THE U.S., AND THE ONLY ONE DESIGNATED AS A COMPREHENSIVE CANCER CENTER BY THE NATIONAL CANCER INSTITUTE IN WASHINGTON, D.C. MEDSTAR GEORGETOWN WAS THE FIRST HOSPITAL IN WASHINGTON, D.C. TO ATTAIN MAGNET RECOGNITION BY THE AMERICAN NURSES CREDENTIALING CENTER (ANCC), AND NOW HAS ACHIEVED 4 CONSECUTIVE MAGNET DESIGNATIONS (2004, 2008, 2014, 2018). MEDSTAR GEORGETOWN IS IN THE PROCESS OF THE JOURNEY TOWARDS A FIFTH MAGNET DESIGNATION.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 CONTINUE TO BE GUIDED BY THREE CRITICAL DRIVERS: PROVIDE A SAFE CARE ENVIRONMENT FOR PATIENTS AND ASSOCIATES; MITIGATE COMMUNITY SPREAD OF COVID-19; AND ENSURE OPERATIONAL CONTINUITY TO FULFILL OUR CORE MISSION OF CARING FOR OUR COMMUNITIES.THESE EFFORTS HAVE EVOLVED AND TRANSITIONED IN MULTIPLE WAYS 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, MEDSTAR EVISIT AND OUR DIGITAL CAPABILITIES TO CREATE ACCESS, TESTING SITES, AND TELEHEALTH FOR PRIMARY CARE AND FOLLOW-UP VISITS; EXPANDED MANAGEMENT OF CARE CONTINUUM NEEDS FOR PATIENTS THROUGH MEDSTAR HEALTH HOME CARE; EXECUTION OF INNOVATIVE LABORATORY APPROACHES INTEGRATED WITH OCCUPATIONAL HEALTH TO BETTER SUPPORT ASSOCIATES MANAGING THROUGH COVID-19 EXPOSURES; DEPLOYMENT OF COMMUNITY MOBILE UNITS AND CLINICS FOR COVID-19 VACCINATIONS/BOOSTERS; INCREASED MANAGEMENT OF SUPPLY AND ACQUISITION OF PERSONAL PROTECTIVE EQUIPMENT (PPE), N95 RESPIRATORS, COVID-19 VACCINES AND BOOSTERS; REINFORCEMENT OF A MANDATORY COVID-19 VACCINATION POLICY RESULTING IN COMPLIANCE OF 99% OF ASSOCIATES AND PHYSICIANS; AND ADMINISTRATION OF MORE THAN 36,800 COVID-19 VACCINATIONS/BOOSTERS TO MEDSTAR HEALTH ASSOCIATES AND PHYSICIANS AND MORE THAN 74,500 TO PATIENTS ACROSS THE REGION IN FY 2022.


MEDSTAR GEORGETOWN UNIVERSITY HOSPITAL PROVIDED $86.8M IN HEALTH PROFESSIONS EDUCATION IN FISCAL YEAR 2022. THIS CATEGORY INCLUDES TRAINING IN GRADUATE MEDICAL EDUCATION, AND EDUCATION FOR PHYSICIANS, MEDICAL STUDENTS, NURSES, AND OTHER HEALTH PROFESSIONS.


MEDSTAR GEORGETOWN UNIVERSITY HOSPITAL PROVIDED $4.8M IN CHARITY CARE SERVICES IN FISCAL YEAR 2022. CHARITY CARE IS PROVIDED PURSUANT TO MEDSTAR HEALTH'S FINANCIAL ASSISTANCE POLICY TO MEMBERS OF THE COMMUNITY WHOSE INCOME IS BELOW CERTAIN THRESHOLDS AND FOR WHICH THE HOSPITAL IS NOT COMPENSATED.


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Board, Officers & Key Employees

Name (title)Compensation
Kenneth A Samet
Director
$0
Michael C Sachtleben
President/director
$1,615,390
Nadim Haddad MD
Director
$1,220,643
Mary Kay Sidawy MD
Director
$0
Matthew Cooper MD
Director
$869,312
Cirrelda Cooper MD
Vice Chair
$203,223

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Medical Solutions Llc
Staffing Services
$4,397,690
Amn Healthcare Inc
Staffing Services
$12,425,529
Apollo Jets Llc
Transport
$2,511,586
Standard Parking Corp
Parking Services
$4,251,899
Hks-shalom Baranes Joint Venture
Professional Svcs
$2,381,859
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$58,252,001
Investment income $533,067
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $149,941
Net Gain/Loss on Asset Sales $536,779
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,350,604,827

Grants Awarded

Over the last fiscal year, Medstar-Georgetown Medical Center Inc has awarded $46,190 in support to 2 organizations.

Grant RecipientAmount

HOPE FOR HENRY FOUNDATION

PURPOSE: ANNUAL CONTRIBUTION

$40,000

GREATER WASHINGTON PARTNERSHIP

PURPOSE: GREATER WASHINGTON PARTNERSHIP

$6,190
View Grant Profile

Peer Organizations

Organization NameAssets
Mary Washington Healthcare
Fredericksburg, VA
$937,169,829
Sinai Hospital Of Baltimore Inc
Baltimore, MD
$1,004,455,756
Johns Hopkins Bayview Medical Center Inc
Baltimore, MD
$771,878,345
Luminis Health Anne Arundel Medical Center Inc
Annapolis, MD
$685,193,767
Holy Cross Health Inc
Silver Spring, MD
$701,172,860
Greater Baltimore Medical Center
Baltimore, MD
$611,564,381
Mercy Medical Center Inc
Baltimore, MD
$599,540,383
Franklin Square Hospital Center Inc
Baltimore, MD
$547,008,613
Sentara Rmh Medical Center
Virginia Beach, VA
$504,306,678
Meritus Medical Center Inc
Hagerstown, MD
$532,373,187
Lucy Webb Haynes National Training School For Deaconesses And Mission
Washington, DC
$551,873,331
Tidalhealth Peninsula Regional Inc
Salisbury, MD
$533,949,613
Johns Hopkins Medical Services Corporation
Baltimore, MD
$460,992,494
Baltimore Washington Medical Center Inc
Glen Burnie, MD
$500,507,626
Union Memorial Hospital
Baltimore, MD
$413,942,590
Augusta Health Care Inc
Fishersville, VA
$491,996,774
Dimensions Health Corporation
Upper Marlboro, MD
$413,205,452
Frederick Health Hospital Inc
Frederick, MD
$418,372,433
Martha Jefferson Hospital
Virginia Beach, VA
$368,064,275
Suburban Hospital Incorporated
Bethesda, MD
$357,688,280
Howard County General Hospital Inc
Baltimore, MD
$351,489,634
Loudoun Hospital Center Dba Inova Loudoun Hospital
Falls Church, VA
$391,757,618
Upper Chesapeake Medical Center Inc
Bel Air, MD
$362,572,981
Northwest Hospital Center Inc
Randallstown, MD
$301,718,785
Potomac Hospital Corporation Of Prince William
Virginia Beach, VA
$283,948,396

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