Overview
What is Washington Hospital Center Corporation?
Washington Hospital Center Corporation, also known as Medstar Washington Hospital Center, is a prominent nonprofit organization located in Washington, D.C. With approximately 6,856 employees, it is the city's largest and busiest hospital, providing acute care services to the communities of Northeast Washington, D.C., and the surrounding areas. The hospital offers primary, secondary, and tertiary health services to adult and neonatal patients and is a major referral center for complex tertiary services. Medstar Washington Hospital Center is home to Medstar, a nationally verified Level I trauma center, and operates the region's only adult burn center. It is renowned for its cardiovascular care, ranking among the top 50 cardiovascular centers in the nation by U.S. News & World Report, and is the only hospital in the Washington, D.C. region with a nationally ranked cardiology and heart surgery program. The hospital also has a comprehensive stroke center and the region's only joint commission-certified cardiac ventricular assist device program. Medstar Washington Hospital Center is known for innovation and often the first in the region to adopt new lifesaving equipment and procedures. Since March 2020, the hospital has cared for 1 in 4 COVID-19 patients in the region, and its COVID-19 preparations and response are guided by three critical drivers: providing a safe care environment, mitigating community spread, and ensuring operational continuity. The hospital's efforts have led to several integrated care approaches, including telehealth, testing sites, and community mobile units for vaccinations.
Official website here: www.whcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Washington Hospital Center Corporation has received a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. The organization's score is derived entirely from its accountability and finance beacon, indicating a robust emphasis on responsible governance and management practices.
The nonprofit showcases significant strengths, particularly in its board composition, with 64% of its members being independent. It also receives high marks for its financial oversight, with no material diversion of assets reported. Additional indicators of its strong governance include a comprehensive conflict of interest policy, a whistleblower policy, and the availability of board meeting minutes, illustrating a commitment to ethical practices.
While the organization demonstrates exemplary financial health with a low liabilities-to-assets ratio and a high program expense ratio, further details about its specific programs and community impact would provide a fuller picture. Nonetheless, the current metrics suggest that Washington Hospital Center Corporation operates with a high level of integrity and effectiveness in its financial dealings.
This AI summary has been generated from information found on Charity Navigator.
Is Washington Hospital Center Corporation legitimate?
Washington Hospital Center Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington Hospital Center Corporation 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: $3,738,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $759,089,556
For more financial information, click here
Official website here: www.whcenter.org
What is the mission statement of Washington Hospital Center Corporation?
The Washington Hospital Center Corporation is committed to delivering exceptional patient care, education, and research to provide the region with the latest medical advances. As a part of MedStar Health, this acute care teaching and research hospital focuses on offering high-quality healthcare with the newest medical techniques. In fiscal year 2022, the hospital had approximately 33,141 inpatient admissions and 607,436 outpatient visits, including 80,239 emergency visits. The institution's dedication to excellence encompasses serving patients with the highest standard of care.
Official website here: www.whcenter.org
Who is the CEO of Washington Hospital Center Corporation?
Gregory Argyros Md is the Board Member/President of Washington Hospital Center Corporation. The CEO's salary of Washington Hospital Center Corporation is $0 and their total compensation is $15,867,683.
Official website here: www.whcenter.org
What is the revenue of Washington Hospital Center Corporation?
Washington Hospital Center Corporation's revenue in 2022 was $1,704,900,832.
Official website here: www.whcenter.org
Who are the executives of Washington Hospital Center Corporation and what are their salaries?
The average compensation at Washington Hospital Center Corporation during 2022 was $111,264. There are 6856 employees at Washington Hospital Center Corporation.
Here are 23 key members and their salaries (Washington Hospital Center Corporation's CEO's salary is $0 and their total compensation is $15,867,683):
- Compensation: $0
- Related: $15,771,396
- Other: $96,287
- Compensation: $1,438,818
- Related: $0
- Other: $46,581
- Compensation: $882,110
- Related: $0
- Other: $30,237
- Compensation: $532,763
- Related: $0
- Other: $10,615
- Compensation: $183,631
- Related: $0
- Other: $31,867
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $244,470
- Related: $244,470
- Other: $30,210
- Compensation: $297,754
- Related: $0
- Other: $9,864
- Compensation: $863,728
- Related: $0
- Other: $18,572
- Compensation: $474,060
- Related: $0
- Other: $25,480
- Compensation: $473,229
- Related: $0
- Other: $38,436
- Compensation: $459,515
- Related: $0
- Other: $20,499
- Compensation: $871,744
- Related: $0
- Other: $42,405
Official website here: www.whcenter.org
Where can I find the form 990 for Washington Hospital Center Corporation?
Washington Hospital Center Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whcenter.org
Learn more at the official website: www.whcenter.org
Mission Statement of Washington Hospital Center Corporation
Washington Hospital Center Corporation, a proud member of Medstar Health, is dedicated to delivering exceptional patient-first healthcare in the region with the highest quality and latest medical advances. This acute care teaching and research hospital, located in the nation's capital, prides itself on excellence in patient care, education, and research. With approximately 33,141 inpatient admissions and 607,436 outpatient visits, including 80,239 emergency visits, in fiscal year 2022, the hospital stands among the 50 largest hospitals in the nation. The hospital's mission is to provide the community with top-tier healthcare services, incorporating the latest medical advancements and advancements in patient care. The institution is committed to improving patient outcomes and ensuring the best possible care for all individuals who seek treatment. Through its dedication to research, the hospital aims to discover new treatments and cures for various health conditions, ultimately contributing to the betterment of the healthcare industry and the lives of its patients. Washington Hospital Center Corporation's focus on education allows it to train the next generation of healthcare professionals, ensuring a continually skilled and knowledgeable workforce. This commitment to excellence in patient care, education, and research makes Washington Hospital Center Corporation a leading institution in the healthcare sector.
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Impact
October, 2024
Washington Hospital Center Corporation plays a vital role in delivering high-quality healthcare services in the Washington, D.C. metropolitan area. As the city's largest and busiest hospital, it provides a comprehensive range of acute care services to the communities of Northeast Washington, D.C., and surrounding regions. The hospital is recognized for its excellence in patient care, education, and research, emphasizing the latest medical advancements to enhance outcomes for patients.
It serves as a major referral center for complex tertiary services, including a nationally verified Level I trauma center and the region's only adult burn center. Notably, it excels in cardiology and heart surgery, having been consistently ranked among the nation's top centers in these specialties. Its Cancer Institute offers innovative treatment options, therapies, and access to clinical trials, while the comprehensive stroke center and cardiac ventricular assist device program further highlight its commitment to advanced care.
Since the onset of the COVID-19 pandemic, Washington Hospital Center Corporation has been a pivotal site for testing and treatment, providing care for one in four COVID-19 patients in the area. Through its response initiatives, the hospital has maintained operational continuity while ensuring a safe environment for patients and staff. The implementation of cutting-edge telehealth services, community mobile units for vaccinations, and extensive outreach programs illustrates its dedication to serving the public health needs during challenging times.
Overall, Washington Hospital Center Corporation significantly impacts the health of the surrounding communities by providing exceptional medical care, fostering innovation, and ensuring access to specialized health services.
This information is meant to be a general summary of Washington Hospital Center Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,241,993
- Program Service Revenue: $1,664,082,931
- Gross Receipts: $1,704,900,832
Assets and Liabilities:
- Total Assets: $766,468,044
- Total Liabilities: $261,424,930
- Net Assets: $505,043,114
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENU
Revenue
$1,642,889,038
PHARMACY INCOME
Revenue
$16,156,843
OTHER PHYSICIAN REVENU
Revenue
$4,206,365
CME AND MEANINGFUL USE
Revenue
$830,685
Organization Details
Founding Year
1949
Phone
(202) 877-7000Principal Officer
Gregory Argyros Md
Main Address
110 IRVING STREET NW, WASHINGTON, DC, 20010
Website
www.whcenter.orgNTEE Category
Code: E210 - Health
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