Hennepin Healthcare System Inc | Legit, Mission, CEO salary
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Hennepin Healthcare System Inc

Hennepin Healthcare

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

EIN: 421707837 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Hennepin Healthcare System Inc?

Hennepin Healthcare System Inc, also known as Hennepin Healthcare, is a renowned healthcare organization based in Minneapolis, Minnesota. With a comprehensive clinic system, a level 1 adult and pediatric trauma center, and a medical center featuring the largest emergency department in Minnesota, Hennepin Healthcare provides exceptional patient care. The system also includes an EMS service and nurse home visiting program. Hennepin Healthcare is recognized for its leadership in medical education, emergency preparedness, research, and compassionate care in numerous medical specialties. The organization operates a hospital with a capacity of 894 beds and 65 bassinets, 452 of which are available, along with 10 primary care clinics and 34 specialty care clinics. Hennepin Healthcare employs approximately 910 providers, 243 residents, and 151 pharmacists in nine pharmacy locations. As a major employer and economic engine in Hennepin County, Minnesota, the organization reaffirms its commitment to partnering with the community, patients, and their families to ensure access to outstanding care for everyone, while improving health and wellness through teaching, patient and community education, and research. Hennepin Healthcare invests in training and supporting its team members to serve the entire community, believing that equity is essential for optimal health outcomes. The organization works to eliminate barriers to access due to racism or any other consequence of social position or socially influenced circumstances experienced by historically marginalized and socioeconomically disadvantaged persons and those who are uninsured, indigent, and members of other vulnerable populations.

Is Hennepin Healthcare System Inc legitimate?

The average compensation at Hennepin Healthcare System Inc during 2022 was $80,964. There are 8,358 employees and 160 volunteers at Hennepin Healthcare System Inc.

Here are 27 key members and their salaries (Hennepin Healthcare System Inc's CEO's salary is $1,013,812 and their total compensation is $1,087,944):

Mission Statement of Hennepin Healthcare System Inc

Hennepin Healthcare System, a dedicated nonprofit organization, is committed to collaborating with their community, patients, and their families to deliver exceptional healthcare for all. Their mission is twofold: first, they ensure access to outstanding care for every individual, and second, they strive for continuous health and wellness improvements through teaching, patient and community education, and research.

In practice, Hennepin Healthcare System endeavors to offer the best possible care to each patient that walks through their doors. They are persistent in seeking new methods to enhance the quality of care, focusing on the advancements that will shape healthcare tomorrow. Moreover, they invest in educating future healthcare providers to uphold their mission and expand the reach of quality healthcare. Lastly, they are dedicated to securing access to healthcare for all, ensuring no one is left behind in their quest for optimal health and wellbeing.

Impact

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




Saturday, April 13, 2024

Hennepin Healthcare System Inc has a significant impact on the community by providing outstanding healthcare services to a wide range of individuals, regardless of their background or socioeconomic status. The organization operates a comprehensive clinic system, a Level 1 adult and pediatric trauma center, a medical center with a large emergency department, EMS services, and a nurse home visiting program. Through its various facilities and programs, Hennepin Healthcare System Inc ensures access to quality care for everyone in need.

Moreover, Hennepin Healthcare System Inc is a recognized leader in medical education, emergency preparedness, research, and compassionate care across various medical specialties. By employing a large number of providers, residents, and pharmacists, the organization not only offers essential healthcare services but also contributes significantly to the local economy as a major employer in Hennepin County, Minnesota.

Furthermore, Hennepin Healthcare System Inc actively works to address health disparities and improve health outcomes for historically marginalized and economically disadvantaged individuals. By partnering with the community and committing to eliminating barriers to access, particularly for Black, Indigenous, people of color, the uninsured, the indigent, and other vulnerable populations, the organization is dedicated to promoting equity in healthcare.

In summary, Hennepin Healthcare System Inc's impact extends beyond providing medical care to fostering health and wellness within the community through education, research, and a commitment to inclusivity and equity.





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: $1,158,438
  • Program Service Revenue: $1,308,400,669
  • Gross Receipts: $1,430,405,843

    • Assets and Liabilities:
  • Total Assets: $808,614,378
  • Total Liabilities: $752,048,072
  • Net Assets: $56,566,306
  • Programs

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

    MEDICARE/MEDICAID/MHP (MA)/MGD CA

    Revenue

    $853,476,166

    MANAGED CARE - COMMERCIAL

    Revenue

    $299,870,005

    RETAIL PHARMACY REVENUE

    Revenue

    $124,175,412

    UPPER PAYMENT LIMIT REVENUE

    Revenue

    $16,349,487

    OTHER OPERATING REVENUE

    Revenue

    $14,529,599

    Organization Details

    Founding Year

    2007

    Principal Officer

    Jennifer Decubellis

    Main Address

    701 PARK AVE P-1, MINNEAPOLIS, MN, 55415

    NTEE Category

    Code: E21 - Health