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Midstate Medical Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060646715 ✦ Meriden, CT ✦ Designated as a 501(c)(3)

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Overview

What is Midstate Medical Center?

Midstate Medical Center, a part of Hartford HealthCare Corporation in Meriden, Connecticut, is a nonprofit institution dedicated to enhancing the health and wellbeing of the local community. The organization's most recent venture is the Connecticut Orthopaedic Institute, a 14,000 square foot facility within Midstate Medical Center, designed specifically for orthopaedic patients. With 11 operating rooms, a rehabilitation space, and dedicated amenities, the Institute offers top-notch treatment and care for various bone, muscle, and joint issues. Patients can benefit from the expertise of fellowship-trained orthopaedic specialists, ensuring personalized attention and a faster recovery path. The Institute specializes in joint reconstruction, foot and ankle surgery, podiatric care, hand surgery, spine services, artificial disc replacements, arthroscopic procedures, and fracture care. In its most recent fiscal year, the Institute performed 3,664 cases and treated 3,429 patients, employing 39 surgeons.


Official website here: www.midstatemedical.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%

Midstate Medical Center has achieved a 96% rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has earned a Four-Star out of Four Star rating, indicating that it demonstrates a high level of transparency and responsible financial management. This rating is primarily based on a single beacon score that highlights its commitment to fiscal accountability.

The organization showcases impressive governance, with 76% of its board members being independent, which is crucial for reducing potential conflicts of interest. Furthermore, it has a robust audit and oversight committee and has no issues related to material diversion of assets. This commitment to governance is complemented by comprehensive policies, including those on conflict of interest and whistleblowing, which are fully in place.

However, while the financial metrics are strong, with an impressive program expense ratio of 91.14%, which indicates that a significant portion of its expenses goes directly to programs rather than administrative costs, it's important for potential donors to consider how these financial strengths translate into programmatic impacts. Overall, Midstate Medical Center is well-regarded for its financial health and governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is Midstate Medical Center legitimate?

Midstate Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midstate Medical Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $13,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,200,389

For more financial information, click here


Official website here: www.midstatemedical.org

What is the mission statement of Midstate Medical Center?

Midstate Medical Center is committed to enhancing the health and well-being of the individuals and communities it serves. It achieves this by providing specialized orthopedic care through the Connecticut Orthopaedic Institute. Spanning an entire pavilion of the medical center, the Institute offers advanced treatments and techniques for various bone, muscle, and joint issues. Patients receive personalized care from fellowship-trained specialists, ensuring a focused approach to their injuries. The Institute comprises 11 operating rooms, a rehabilitation space, and other amenities, ensuring a seamless, comforting, and safe experience. In FY22, the Institute handled 3,664 cases and treated 3,429 patients, employing 39 surgeons.


Official website here: www.midstatemedical.org

Who is the CEO of Midstate Medical Center?

Gary Havican is the President/Director of Midstate Medical Center.


Official website here: www.midstatemedical.org

What is the revenue of Midstate Medical Center?

Midstate Medical Center's revenue in 2022 was $439,842,089.


Official website here: www.midstatemedical.org

Who are the executives of Midstate Medical Center and what are their salaries?

The average compensation at Midstate Medical Center during 2022 was $71,471. There are 1654 employees and 133 volunteers at Midstate Medical Center.


Here are 27 key members and their salaries:


Aziz Benbrahim Md (Director (Thru 9/22))
  • Compensation: $0
  • Related: $758,176
  • Other: $75,151
Gary Havican (President/Director)
  • Compensation: $0
  • Related: $666,811
  • Other: $136,885
Vincent Fortunato (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Howey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadine Francis-West (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Ann Hall Mccraven (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Eldridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Boiselle Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Boey Md (Director)
  • Compensation: $13,100
  • Related: $0
  • Other: $0
John Rathgeber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hyman Dds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Toribio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Subasic (Director (Thru 5/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
George Springer Jr Esq (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Letterio Asciuto Md (Director (Thru 10/21))
  • Compensation: $0
  • Related: $33,241
  • Other: $0
Fred Sorbo Iii (Interim Vp, Finance)
  • Compensation: $0
  • Related: $403,413
  • Other: $65,464
Sean Curtin (Vp, Finance (Thru 8/22))
  • Compensation: $0
  • Related: $323,014
  • Other: $68,342
Jeffrey Finkelstein Md (Vp, Medical Affairs)
  • Compensation: $0
  • Related: $594,671
  • Other: $77,609
Janette Edwards (Vp, Operations)
  • Compensation: $0
  • Related: $336,470
  • Other: $62,618
Karen Fasano (Vp, Patient Care)
  • Compensation: $0
  • Related: $323,226
  • Other: $44,775
Amir Ahmad (Hospitalist)
  • Compensation: $487,878
  • Related: $0
  • Other: $62,514
Andrew Metzger Md (Medical Director)
  • Compensation: $536,845
  • Related: $0
  • Other: $70,942
Leslie Muska (Physician Assist. Pdm)
  • Compensation: $454,474
  • Related: $0
  • Other: $55,152
Timothy Pratt Md (Hospitalist)
  • Compensation: $592,159
  • Related: $0
  • Other: $47,391
Manjunath Ramaiah (Hospitalist)
  • Compensation: $776,065
  • Related: $0
  • Other: $41,094
Elizabeth Ciotti (Former Key Employee)
  • Compensation: $0
  • Related: $306,021
  • Other: $45,227
Margaret Marchak (Former Secertary)
  • Compensation: $0
  • Related: $250,112
  • Other: $12,480


Official website here: www.midstatemedical.org

Where can I find the form 990 for Midstate Medical Center?

Midstate Medical Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.midstatemedical.org

Learn more at the official website: www.midstatemedical.org

Mission Statement of Midstate Medical Center

Midstate Medical Center, a renowned healthcare institution, is dedicated to enhancing the health and well-being of the individuals and communities it serves. Committed to delivering exceptional patient care, the center has launched the Connecticut Orthopaedic Institute, an expansive facility designed specifically for orthopaedic patients and their families. Spanning 14,000 square feet and featuring state-of-the-art amenities, the Institute is a beacon of hope for those seeking effective treatments and a smoother recovery process for bone, muscle, and joint issues.

With a team of highly skilled and fellowship-trained orthopaedic specialists, Midstate Medical Center offers the latest techniques and advanced treatments for various orthopaedic concerns. The Institute's comprehensive services cater to a wide range of conditions, including joint reconstruction, foot and ankle surgery, podiatric care, hand surgery, spine services, artificial disc replacements, arthroscopic procedures, and fracture care. In the fiscal year 2022 alone, the Institute managed 3,664 cases and provided care for 3,429 patients, demonstrating its commitment to providing top-notch orthopaedic care to a significant number of individuals.

By offering a full continuum of care, from initial diagnosis to rehabilitation, Midstate Medical Center creates a seamless and supportive environment for its patients. The Institute's dedication to improving the health and healing of its patients goes beyond medical treatment, providing a comforting and secure atmosphere for those in need of care. Through its unwavering commitment to excellence and its team of highly specialized orthopaedic professionals, Midstate Medical Center continues to make a positive impact on the lives of those it serves.

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Impact




October, 2024

Midstate Medical Center significantly enhances the health and well-being of individuals and communities in the region. Through its Connecticut Orthopaedic Institute, the center provides specialized care for a range of musculoskeletal issues, ensuring that patients receive top-tier treatment and support.

Spanning 14,000 square feet and featuring 11 state-of-the-art operating rooms, the Institute is designed specifically for orthopaedic patients. It integrates advanced medical facilities and rehabilitation spaces, optimizing the patient experience from diagnosis to recovery. This comprehensive approach includes a full array of services, such as joint reconstruction, spine services, and fracture care, all facilitated by fellowship-trained specialists dedicated to their fields.

In the fiscal year 2022 alone, the Institute managed over 3,600 cases, affirming its role as a crucial provider of orthopaedic services. The employment of 39 surgeons enables the facility to maintain a high standard of care, ensuring that patients have access to the latest treatments and technologies. By prioritizing patient-centered care, Midstate Medical Center stands as a pivotal health resource, promoting healing and improving outcomes for those it serves in Meriden, Connecticut, and the surrounding areas.




This information is meant to be a general summary of Midstate Medical Center. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$439,842,089 (2022)
Expenses
$424,155,725 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,850,783
  • Program Service Revenue: $433,426,315
  • Gross Receipts: $441,673,421

Assets and Liabilities:

  • Total Assets: $467,211,742
  • Total Liabilities: $161,329,371
  • Net Assets: $305,882,371

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Patient Care

Revenue

$436,448,409

Income-Pass Thru Entity

Revenue

-$3,022,094

Organization Details

Founding Year

1885

Principal Officer

Gary Havican

Main Address

435 Lewis Avenue, Meriden, CT, 06451

NTEE Category

Code: E220 - Health

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