Multicare Health System
- Assets
- $5.7b
- Revenue
- $3.4b
- Investments
- $619.9m
- Employees
- 18,202
- Location
- Tacoma, WA
- Founding
- 05/1991
- Data as of
- 12/2020
- EIN
- 91-1352172
Organization Overview
Multicare Health System is located in Tacoma, WA. The organization was established in 1991. 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 12/2021, Multicare Health System employed 18,202 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multicare Health System 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 12/2020, Multicare Health System generated $3.4b in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $3.2b during the year ending 12/2020. While expenses have increased by 10.7% 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.
Since 2014, Multicare Health System has awarded 406 individual grants totaling $59,864,344. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
MULTICARE HEALTH SYSTEM'S MISSION IS PARTNERING FOR HEALING AND A HEALTHY FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MULTICARE HEALTH SYSTEM (MHS) IS THE LARGEST COMMUNITY-BASED, LOCALLY GOVERNED HEALTHCARE TAX-EXEMPT ORGANIZATION IN THE STATE OF WASHINGTON. WITH THE AQUISITION OF THE CAPITAL MEDICAL HOSPITAL IN OLYMPIA, MHS OPERATES NINE COMMUNITY BASED HOSPITALS WITH 1,827 LICENSED ADULT BEDS AND 82 LICENSED PEDIATRIC BEDS. DURING 2021 MHS HOSPITALS ADMITTED 75,366 PATIENTS FOR A TOTAL OF 421,610 PATIENT DAYS, PERFORMED 54,524 SURGERIES AND DELIVERED 9,506 BABIES. THERE WERE 13,498 NEWBORN DAYS DURING 2021. THEY ALSO PROVIDED CARE FOR 535,577 OUTPATIENT VISITS AND 458,921 EMERGENCY ROOM VISITS, OF WHICH 2,191 WERE TRAUMA PATIENTS. IN ADDITION, MHS, THROUGH THE COMMUNITY PARTNERSHIP FUND SUPPORTS ORGANIZATIONS WHOSE WORK IS IMPORTANT TO THE HEALTH OF THE COMMUNITIES IT SERVES IN PUGET SOUND AND EASTERN WA. IN 2021 MHS PROVIDED 86 GRANTS TO COMMUNITY ORGANIZATIONS.
MULTICARE HEALTH SYSTEM OPERATES A SYSTEM OF MULTI-SPECIALTY CLINICS (MULTICARE) AND A GRID OF HIGHLY SPECIALIZED URGENT CARE CENTERS (INDIGO), THROUGHOUT PIERCE, KING, THURNSTON, KITSAP, SNOHOMISH COUNTIES, AND MULTICARE ROCKWOOD CLINIC LOCATED IN SPOKANE, WA. ROCKWOOD CLINIC IS THE LARGEST OUTPATIENT DIAGNOSTIC AND TREATMENT CENTER IN THE EASTERN WA REGION, WITH MULTIPLE LOCATIONS OFFERING PRIMARY CARE, URGENT CARE AND SPECIALTY CARE. IN 2021 THE INDIGO, MULTICARE UCC AND ROCKWOOD CLINICS PROVIDED 509,777 CLINIC VISITS. THE MULTI-SPECIALTY CLINICS PROVIDED 968,400 PHYSICIAN VISITS, OUTPATIENT VISITS OF 270,248, AND PROCESSED 1,085,478 LABORATORY WORKLOAD UNITS, 139,864 IMAGING RELATIVE UNITS, (SEE SCHEDULE O)(CONTINUATION FROM PAGE 2) 114,441 ONCOLOGY RELATIVE VALUE UNITS, 146,931 RADIATION ONCOLOGY VALUE UNITS, 2,401 THERAPY VALUE UNITS AND 2,566 PHARMACY WORKLOAD UNITS. THE GIG HARBOR AMBULATORY CENTER PERFORMED 1,217 SPECIALIST SURGERIES AS FOLLOWS: PEDIATRIC, GENERAL, NEUROLOGIC, VASCULAR, SPINE, ORTHOPEDIC, GENERAL BREAST, PEDIATRIC ORTHOPEDIC, CARDIOTHORACIC, GENERAL BARIATRIC, COLORECTAL, PEDIATRIC NEUROSURGERY.
MULTICARE HEALTH SYSTEM OPERATES PRIMARY CARE PHYSICIAN PRACTICES THROUGHOUT PIERCE, SOUTH KING, AND WITH THE AQUISITION OF CAPITAL MEDICAL CLINICS IN OLYMPIA, IN THURNSTON COUNTIES. THESE PRACTICES PROVIDED 533,363 PATIENT VISITS DURING 2021.
MULTICARE HEALTH SYSTEM'S OTHER PROGRAMS INCLUDE BEHAVIORAL HEALTH, HOME HEALTH SERVICES AND HOSPICE, ADULT DAY HEALTH AND PSYCHOLOGY CHILDREN'S THERAPY UNIT. DURING 2021 THE CLINICS PROVIDED 41,868 HOME HEALTH VISITS, THE HOME HEALTH AND HOSPICE PROGRAMS ADMITTED 139,066 AND 1,375 PATIENTS, RESPECTIVELY. MULTICARE GOOD SAMARITAN CHILDREN'S THERAPY UNIT (CTU) HELPS INFANTS, CHILDREN AND ADOLESCENTS WHO HAVE SPECIAL NEEDS. IN 2021 CTU SERVED 571 PATIENTS. MULTICARE BEHAVIORAL HEALTH SERVICES (BHS) OFFERS A FULL RANGE OF SERVICES AND AN INTEGRATED APPROACH TO WELLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lee J Sandquist Physician | 50 | $2,113,126 | |
William Robertson President & CEO | Officer | 56 | $2,014,285 |
Florence Chang Exec. Vice President | Officer | 60 | $1,966,821 |
David Coons Physician | 50 | $1,637,313 | |
Benjamin Chen Physician | 50 | $1,546,580 | |
Masood Nehal Physician | 50 | $1,459,641 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
South Sound Inpatient Physicians Pllc Medical | 12/30/21 | $21,020,949 |
Travel Nurse Across America Llc Staffing | 12/30/21 | $122,769,541 |
Tacoma Anesthesia Associates Inc Ps Medical | 12/30/21 | $14,373,785 |
Aquity Solutions Llc Healthcare Business | 12/30/21 | $13,424,106 |
Anesthesia Associates Ps Medical | 12/30/21 | $8,806,762 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $13,819,362 |
| Government grants | $147,325,848 |
| 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 | $161,145,210 |
| Total Program Service Revenue | $3,187,058,252 |
| Investment income | $22,277,491 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$17,687,079 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$153,215 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,352,640,659 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,633,091 |
| 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. | $10,936,440 |
| Compensation of current officers, directors, key employees. | $1,297,963 |
| Compensation to disqualified persons | $610,513 |
| Other salaries and wages | $1,505,102,371 |
| Pension plan accruals and contributions | $50,276,619 |
| Other employee benefits | $90,728,150 |
| Payroll taxes | $93,134,891 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,520,885 |
| Fees for services: Accounting | $470,250 |
| Fees for services: Lobbying | $265,750 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $347,376,847 |
| Advertising and promotion | $9,445,685 |
| Office expenses | $15,498,456 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,687,899 |
| Travel | $6,999,950 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $33,111 |
| Interest | $45,361,964 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $164,397,934 |
| Insurance | $36,172,836 |
| All other expenses | $66,339,635 |
| Total functional expenses | $3,244,135,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $922,676,122 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $407,903,304 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $48,979,741 |
| Prepaid expenses and deferred charges | $36,677,019 |
| Net Land, buildings, and equipment | $1,695,964,924 |
| Investments—publicly traded securities | $1,350,523,186 |
| Investments—other securities | $619,934,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $649,981,816 |
| Total assets | $5,732,640,112 |
| Accounts payable and accrued expenses | $505,356,977 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $1,543,660,105 |
| 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 | $669,975,503 |
| Total liabilities | $2,718,992,585 |
| Net assets without donor restrictions | $3,013,647,527 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,732,640,112 |
Grants Awarded
Over the last fiscal year, Multicare Health System has awarded $10,344,054 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
Tacoma, WA PURPOSE: ASSISTANCE FOR OPERATING EXPENSES. | $4,522,530 |
Tacoma, WA PURPOSE: ASSISTANCE FOR OPERATING EXPENSES | $3,473,434 |
Yakima, WA PURPOSE: SUPPORT THE GROWTH AND CAMPUS EXPANSION. | $1,814,490 |
Tigard, OR PURPOSE: CONTRIBUTION FROM THE MULTICARE COMMUNITY PARTNERSHIP FUND, GENERAL SUPPORT FOR OPERATIONS | $60,000 |
Spokane, WA PURPOSE: CONTRIBUTION FROM THE MULTICARE COMMUNITY PARTNERSHIP FUND, GENERAL SUPPORT FOR OPERATIONS | $21,000 |
Tacoma, WA PURPOSE: CONTRIBUTION FROM THE MULTICARE COMMUNITY PARTNERSHIP FUND, GENERAL SUPPORT FOR OPERATIONS | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Multicare Health System has recieved totaling $7,516,360.
| Awarding Organization | Amount |
|---|---|
Multicare Health Foundation Tacoma, WA PURPOSE: CAPITAL AND OPERATIONAL EXPENDITURES | $6,527,251 |
Better Health Together Spokane, WA PURPOSE: MEDICAID TRANSFORMATION EFFORTS | $687,498 |
Kaiser Foundation Health Plan Of Washington Oakland, CA PURPOSE: Research Subrecipient | $126,044 |
Greater Tacoma Community Foundation Tacoma, WA PURPOSE: OPERATING SUPPORT | $73,662 |
Alliance Nctn Foundation Chicago, IL PURPOSE: INSTITUTIONAL SUPPORT FOR CANCER RESEARCH | $51,000 |
Public Health Institute Oakland, CA PURPOSE: Research | $19,950 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Joseph Hospital Of Orange Renton, WA | $990,581,691 | $836,962,973 |
Mission Hospital Regional Medical Center Renton, WA | $730,810,553 | $714,714,799 |
St Lukes Health System Ltd Boise, ID | $557,259,828 | $657,648,132 |
St Joseph Health System Renton, WA | $465,201,527 | $481,765,148 |
Legacy Health Portland, OR | $2,251,797,785 | $316,347,594 |
Providence Saint Johns Medical Foundation Renton, WA | $60,875,219 | $215,011,749 |
Norton Sound Health Corporation Nome, AK | $457,950,551 | $194,401,008 |
Yukon-Kuskokwim Health Corporation Bethel, AK | $322,709,737 | $228,092,642 |
Western Healthconnect Renton, WA | $161,037,338 | $179,298,426 |
Covenant Health System Renton, WA | $235,112,275 | $106,469,001 |
Lubbock Heritage Hospital Llc Renton, WA | $236,015,252 | $75,169,894 |
Inland Northwest Health Services Renton, WA | $0 | $80,565,854 |