Hartford Healthcare... | Legit, Mission, CEO salary
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Hartford Healthcare Corporation

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

EIN: 222672834 ✦ Hartford, CT ✦ Designated as a 501(c)(3)

Overview

What is Hartford Healthcare Corporation?

Hartford Healthcare Corporation, based in Hartford, Connecticut, functions as the umbrella organization for an integrated healthcare delivery system. The system comprises several entities, including hospitals, behavioral health networks, and physician groups, all serving as tax-exempt organizations under 501(c)(3) of the Code. Hartford Healthcare is a fully integrated healthcare system, offering high-quality services through its institutes, which cover cancer, heart and vascular services, neuroscience, orthopedics, urology, and behavioral health. The organization is committed to improving the quality and accessibility of healthcare, creating operational efficiency, and providing coordinated, compassionate care to all patients. With a staff of over 3,500 employees, Hartford Healthcare is a significant economic engine for Connecticut, offering essential services in five community benefit regions and collaborating with its supported organizations to address community health needs and reduce health disparities.

Is Hartford Healthcare Corporation legitimate?

The average compensation at Hartford Healthcare Corporation during 2022 was $80,498. There are 3,529 employees and 13 volunteers at Hartford Healthcare Corporation.

Here are 57 key members and their salaries (Hartford Healthcare Corporation's CEO's salary is $107,216 and their total compensation is $185,108):

Mission Statement of Hartford Healthcare Corporation

Hartford HealthCare Corporation, a leading health care delivery system, is dedicated to enhancing the health and healing of the individuals and communities it serves. With a mission deeply rooted in compassion and care, the organization operates as the supporting body of several tax-exempt entities, including hospitals and health care providers. These entities collaborate to provide high-quality, coordinated care in various specialties, including oncology, neuroscience, orthopedics, and urology.

Hartford HealthCare's extensive network encompasses four community hospitals, two acute care and one tertiary-care teaching hospital, a large multispecialty physician group, a regional home care system, an array of senior care services, a large physical therapy and rehabilitation network, and an accountable care organization. By integrating care and increasing access to advanced services, the organization offers patients the most technically advanced and compassionate care.

Hartford HealthCare's institute model provides clinical support, research, and education for their patients, physicians, and communities. The organization's collaboration with its supported organizations ensures the delivery of high-quality, efficient health care, with a focus on community benefit and improving the future of health care. Hartford HealthCare's commitment to community health and wellness is demonstrated through its systematic, data-driven approach to community health needs assessments and its efforts to reduce health disparities and increase diversity at leadership levels.

Through its institutes and community-based initiatives, Hartford HealthCare strives to create a shared understanding of community challenges, gather essential data, and prioritize collaborative efforts to improve health outcomes. The organization's regional approach to community health improvement fosters a greater sense of team and purpose, ensuring each region is equitably resourced and that collectively, they know and understand more about identifying community health needs and improving health equity.

Impact

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




Saturday, April 13, 2024

Hartford Healthcare Corporation, through its integrated health care delivery system, has a significant impact on the health and well-being of the people and communities it serves. By providing a wide range of services including acute care, behavioral health, senior care, and home care, Hartford Healthcare aims to improve the quality and accessibility of healthcare. Additionally, through its institutes focusing on cancer, heart and vascular services, neuroscience, orthopedics, and urology, the corporation ensures high standards of care for its patients.

Hartford Healthcare actively collaborates with its Supported Organizations to develop and implement programs that enhance the future of healthcare in Southern New England. Through initiatives aimed at improving community health and wellness, Hartford Healthcare works towards addressing the diverse needs of the populations it serves. The corporation's commitment to community health is further underscored by its comprehensive Community Health Needs Assessment process, which involves engaging community members and prioritizing efforts to enhance well-being.

Furthermore, Hartford Healthcare's economic contribution to the state of Connecticut cannot be understated. As the third-largest employer in the state, the corporation's ongoing investments in capital projects not only create job opportunities but also improve access to care and enhance the overall quality of life for state residents.

In conclusion, Hartford Healthcare Corporation plays a vital role as an economic engine and a provider of high-quality, compassionate care for the majority of Connecticut's population. Its commitment to improving community health, enhancing access to care, and fostering innovation in healthcare services underscores its significant impact in the region.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $7,427,234
  • Program Service Revenue: $686,158,374
  • Gross Receipts: $709,659,008

    • Assets and Liabilities:
  • Total Assets: $3,057,768,933
  • Total Liabilities: $2,315,753,563
  • Net Assets: $742,015,370
  • Programs

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

    System Support Svcs

    Revenue

    $667,091,424

    ICP Program Revenue

    Revenue

    $12,818,372

    Hunter's Ambulance Service, Inc.

    Revenue

    $3,193,974

    Income From JV's

    Revenue

    $3,054,604

    Organization Details

    Founding Year

    1985

    Principal Officer

    Jeffrey A Flaks

    Main Address

    100 Pearl Street, Hartford, CT, 06103

    NTEE Category

    Code: E21 - Health