Louisiana Childrens Medical Center

Organization Overview

Louisiana Childrens Medical Center is located in New Orleans, LA. The organization was established in 2009. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Louisiana Childrens Medical Center employed 2,865 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisiana Childrens Medical 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 12/2021, Louisiana Childrens Medical Center generated $460.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $450.7m during the year ending 12/2021. While expenses have increased by 28.9% 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 2015, Louisiana Childrens Medical Center has awarded 19 individual grants totaling $26,379,375. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

HEALTH, CARE, AND EDUCATION BEYOND EXTRAORDINARY. THE PRIMARY PURPOSE OF (CONT'D ON SCHEDULE O) LCMC IS TO CREATE, MAINTAIN, AND GROW HEALTH CARE SERVICES CONSISTENT WITH ITS OPERATION OF WEST JEFFERSON MEDICAL CENTER AND THE CHARITABLE MISSION OF THE LCMC AFFILIATES. LCMC PROVIDES SUPPORT AND MANAGEMENT SERVICES TO THE SYSTEM ENTITIES SO THAT THE ENTITIES IN TURN CAN FOCUS THEIR EFFORTS ON CARRYING OUT THEIR EXEMPT PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOUISIANA CHILDREN'S MEDICAL CENTER (LCMC) IS A LOUISIANA NON-STOCK NOT-FOR-PROFIT CORPORATION THAT WAS INCORPORATED IN 2009, WITH ITS FOUNDING MEMBER BEING CHILDREN'S HOSPITAL (CHILDREN'S). THROUGH A HEALTH CARE SYSTEM AGREEMENT (SYSTEM AGREEMENT) BETWEEN LCMC, CHILDREN'S, TOURO INFIRMARY AND ITS SUBSIDIARIES (TOURO), LCMC HEALTH HOLDINGS (EJGH)AND COOPERATIVE ENDEAVOR AGREEMENTS (CEAS) WITH UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION (UMCMC) AND WEST JEFFERSON HOLDINGS, LLC (WEST JEFFERSON), THESE PARTIES HAVE DETERMINED THAT TOGETHER THEY CAN PROVIDE A MULTI-HOSPITAL, NOT-FOR-PROFIT COMMUNITY-BASED, SYSTEM THAT WILL PROVIDE A CONTINUUM OF CARE TO THE FAMILIES OF THE GULF SOUTH REGION. LCMC, CHILDREN'S, TOURO, UMCMC, EJGH AND WEST JEFFERSON ARE HEREINAFTER (CONTINUED ON SCHEDULE O) COLLECTIVELY REFERRED TO AS THE SYSTEM. LCMC FUNCTIONS AS THE SYSTEM PARENT WITH RESERVE POWERS TO BE EXERCISED TO PROMOTE THE BEST INTERESTS OF THE SYSTEM AND ITS AFFILIATES. ALL CORPORATE POWERS OF THE SYSTEM ARE VESTED IN THE BOARD OF TRUSTEES OF LCMC. CHILDREN'S PROVIDES COMPREHENSIVE PEDIATRIC HEALTHCARE THAT MEETS THE SPECIAL NEEDS OF CHILDREN THROUGH EXCELLENCE AND CONTINUOUS IMPROVEMENT OF PATIENT CARE, EDUCATION, AND RESEARCH. TOURO, FORMED IN 1852, SERVES THE GREATER NEW ORLEANS COMMUNITY AS A PREMIER, DIVERSE, MULTI-SPECIALTY HOSPITAL, CARING FOR THE SICK REGARDLESS OF RACE, COLOR, CREED, RELIGIOUS AFFILIATION, OR ABILITY TO PAY. UMCMC OPERATES UNIVERSITY MEDICAL CENTER IN NEW ORLEANS (UMC). UMCMC IS A PROVIDER OF CHARITY CARE FOR THE UNINSURED AND PLAYS A VITAL ROLE AS A STATEWIDE REFERRAL CENTER FOR PATIENTS IN NEED OF TERTIARY CARE. UMCMC ALSO PROVIDES MEDICAL AND ALLIED HEALTH TRAINING THROUGH ITS AFFILIATION WITH ACADEMIC INSTITUTIONS TO STRENGTHEN AND ENHANCE OPPORTUNITIES TO ACHIEVE THE STATE'S MEDICAL EDUCATION, CLINICAL CARE, AND RESEARCH GOALS.IN TAX YEAR 2022, LCMC AND ITS AFFILIATES PROVIDED TOTAL COMMUNITY BENEFIT EXPENSE OF $1,064 MILLION. THIS AMOUNT REPRESENTED 45% OF THE AFFILIATES COMBINED TOTAL EXPENSE. LCMC AND ITS AFFILIATES PROVIDES SERVICES TO MANY LOW-INCOME RESIDENTS OF THE GREATER NEW ORLEANS AREA. IN 2022, $762 MILLION IN EXPENSE (33% OF THE AFFILIATES COMBINED TOTAL EXPENSE) WAS INCURRED IN PROVIDING SERVICES FOR MEDICAID RECIPIENTS AND IN PROVIDING FINANCIAL ASSISTANCE. TOURO, CHILDREN'S, AND OTHER HEALTH CARE PROVIDERS IN LOUISIANA HAVE COLLABORATED WITH THE STATE AND UNITS OF LOCAL GOVERNMENT IN LOUISIANA, TO MORE FULLY FUND THE MEDICAID PROGRAM AND ENSURE THE AVAILABILITY OF QUALITY HEALTHCARE SERVICES FOR THE LOW INCOME AND NEEDY RESIDENTS IN THE COMMUNITY POPULATION. THE PROVISION FOR THIS CHARITY CARE DIRECTLY TO LOW INCOME AND NEEDY PATIENTS WILL RESULT IN THE ALLEVIATION OF THE EXPENSE OF PUBLIC FUNDS THE GOVERNMENTAL ENTITIES PREVIOUSLY EXPENDED ON SUCH CARE, THEREBY ALLOWING THE GOVERNMENTAL ENTITIES TO INCREASE SUPPORT FOR THE STATE MEDICAID PROGRAM UP TO THE FEDERAL MEDICAID UPPER PAYMENT LIMITS (UPL). EACH STATE'S METHODOLOGY MUST COMPLY WITH ITS STATE PLAN AND BE APPROVED BY THE CENTERS FOR MEDICARE & MEDICAID SERVICES (CMS). FEDERAL MATCHING FUNDS ARE NOT AVAILABLE FOR MEDICAID PAYMENTS THAT EXCEED UPLS. IN TAX YEAR 2022, THE SYSTEM RECEIVED UPL PAYMENTS OF APPROXIMATELY $337.9 MILLION, WHICH ARE INCLUDED IN DIRECT OFFSETTING REVENUE ON PART I, LINE 7B IN SCHEDULE H OF THE RESPECTIVE HOSPITAL'S 990S.


THE HOSPITAL PROVIDES INPATIENT, OUTPATIENT, EMERGENCY AND CRITICAL CARE, HOME HEALTH, AND REHABILITATION SERVICES. THE HOSPITAL HAS A TOTAL OF 357 LICENSED PATIENT BEDS. THE HOSPITAL TREATED 12,093 INPATIENTS AND HAD 57,555 OUTPATIENT VISITS DURING 2022. THERE WERE 8,531 SURGERIES (INPATIENT, OUTPATIENT, AND AMBULATORY SURGERY CENTER), 51,440 EMERGENCY DEPARTMENT VISITS AND 1,405 BABIES DELIVERED.


COMMUNITY HEALTH SERVICES AND COMMUNITY BENEFIT OPERATIONS PROVIDE FREE HEALTH EDUCATION PROGRAMS AND SCREENINGS TO THE COMMUNITY. THESE PROGRAMS ARE DESIGNED TO FOCUS ON SOME OF THE MOST PREVALENT DISEASES WITHIN THE COMMUNITY, SUCH AS DIABETES, HEART DISEASE AND CANCER. THESE PROGRAMS ADDRESS PREVENTION, EARLY DETECTION, TREATMENT AND MAINTAINING HEALTHY LIFESTYLES.


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Board, Officers & Key Employees

Name (title)Compensation
Gregory C Feirn
President & CEO
$2,439,917
John Heaton MD
President Of Clin. And Sys
$996,323
Suzzane Haggard
Chief Revenue Officer
$737,638
Joann Kunkel
Chief Financial Officer
$922,683
Gregory Nielsen
Chief Operating Officer
$742,070
Jody Martin
SVP Chief Legal Officer
$580,209

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Deloitte Consulting Llc
Consulting
$23,695,641
Morris & Dickson Co
Pharmaceutical
$14,864,347
Epic Systems Corporation
Software
$13,705,887
The Lemoine Company
Construction
$33,714,341
Aya Healthcare
Contract Labor
$12,213,128
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$4,554,331
Government grants $10,917,027
All other contributions, gifts, grants, and similar amounts not included above$364,656
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$15,836,014
Total Program Service Revenue$416,076,035
Investment income $174,311
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $7,821,092
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $460,794,221

Grants Awarded

Over the last fiscal year, Louisiana Childrens Medical Center has awarded $16,093,920 in support to 3 organizations.

Grant RecipientAmount

CHILDREN'S HOSPITAL

PURPOSE: COKE SALES COMMISSIONS GO DIRECTLY TO THE LA REHAB WORK(BLIND PROGRAM).

$87,500

TOURO INFIRMARY

PURPOSE: COKE SALES COMMISSIONS GO DIRECTLY TO THE LA REHAB WORK (BLIND PROGRAM).

$87,500

LSU FOUNDATION

PURPOSE: DURING THE YEAR ENDED DECEMBER 31, 2022, LCMC DONATED A TOTAL OF $15,918,920 TO LSU FOUNDATION. THIS SUPPORT INCLUDES $5,000,000 TO THE CANCER RESEARCH ENDOWMENT, $10,000,000 TO THE SCIENCE BUILDING AND $918,920 FOR NURSING SUPPORT EDUCATION.

$15,918,920
View Grant Profile

Peer Organizations

Organization NameAssets
Christus Santa Rosa Health Care Corporation
San Antonio, TX
$885,757,284
Louisiana Childrens Medical Center
New Orleans, LA
$460,794,221
United Regional Health Care System Inc
Wichita Falls, TX
$506,732,167
Scott & White Hospital Round Rock
Dallas, TX
$491,683,268
Lcmc Health Holdings Inc
Metairie, LA
$353,292,909
St Lukes Community Health Services
Houston, TX
$300,402,071
Baptist Hospitals Of Southeast Texas
Beaumont, TX
$327,761,225
Thibodaux Regional Health System Inc
Thibodaux, LA
$323,092,717
Scott & White Hospital - College Station
Dallas, TX
$298,063,074
Texas Health Presbyterian Hospital Denton
Denton, TX
$264,044,342
Christus Health Northern Louisiana
Shreveport, LA
$252,498,932
Texas Health Huguley Inc
Burleson, TX
$266,730,626
University Hospital & Clinics Inc
Lafayette, LA
$172,341,962
El Paso Childrens Hospital Corporation
El Paso, TX
$207,416,360
Arkansas Health Group
Little Rock, AR
$172,094,954
Texas Health Harris Methodist Hospital Alliance
Fort Worth, TX
$185,782,136
Texas Health Hospital Frisco
Frisco, TX
$151,964,667
Bhmc-Conway
Little Rock, AR
$94,715,351
St Lukes Community Development Corporation-Sugar Land
Houston, TX
$91,497,719
Dallas Physician Medical Services For Children Inc
Dallas, TX
$42,561,660
Baylor Scott & White Medical Centers-Capitol Area
Dallas, TX
$96,294,245
Utmb Healthcare Systems Inc
Galveston, TX
$100,176,573
Medical Foundation Of Central Mississippi Inc
Jackson, MS
$72,016,719
Val Verde Hospital Corporation
Del Rio, TX
$78,467,797
Our Lady Of The Angels Hospital Inc
Baton Rouge, LA
$88,366,990

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