Overview
What is Hh Medstar Health Inc?
HH Medstar Health Inc, headquartered in Columbia, Maryland, is a Maryland corporation dedicated to managing and coordinating an integrated healthcare system. With a mission to serve patients, their caretakers, and the community, HH Medstar Health's largest program involves providing support and management to MedStar Health, Inc., and its affiliated entities. In 2020, the organization incurred significant expenses for management and general operations, totaling $283.7 million.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (64%, Two-Star out of Four Star rating)
Hh Medstar Health Inc has received a rating indicating a need for improvement, primarily due to its lack of independent board members, which scored 0% in this area. However, the organization demonstrates strong accountability and financial practices, as evidenced by a 100% score in the overall accountability and finance category. This includes a solid program expense ratio of 77.04%, indicating that a significant portion of its funds is directed towards its programs.
While the organization has robust policies in place, such as conflict of interest and whistleblower protections, there are notable weaknesses. The absence of independent board members raises concerns about governance and oversight. Additionally, the nonprofit has not provided its website or tax documents, which could limit transparency and public trust.
Overall, Hh Medstar Health Inc shows strengths in financial management but needs to address its governance structure and improve transparency to enhance its rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Hh Medstar Health Inc legitimate?
Hh Medstar Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hh Medstar Health Inc 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: $3,426,510
Professional Fundraising Fees: $0
Other Salaries and Wages: $797,485,239
For more financial information, click here
What is the mission statement of Hh Medstar Health Inc?
Hh Medstar Health Inc is a healthcare organization dedicated to managing and coordinating an integrated healthcare system. Their primary mission is to serve patients and those who care for them, as well as their communities. Through careful planning, development, and direction, they aim to provide effective and efficient healthcare services. A significant aspect of their work involves supporting MedStar Health, Inc. and its affiliated entities in delivering high-quality healthcare. With a focus on patient care, they invest in management and general expenses to ensure the smooth operation of their healthcare system.
Who is the CEO of Hh Medstar Health Inc?
Kenneth Samet is the Principal Officer of Hh Medstar Health Inc.
What is the revenue of Hh Medstar Health Inc?
Hh Medstar Health Inc's revenue in 2022 was $1,353,798,609.
Who are the executives of Hh Medstar Health Inc and what are their salaries?
The average compensation at Hh Medstar Health Inc during 2022 was $101,742. There are 7872 employees at Hh Medstar Health Inc.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $15,771,396
- Other: $96,287
- Compensation: $0
- Related: $8,710,710
- Other: $33,579
- Compensation: $0
- Related: $3,666,087
- Other: $60,098
- Compensation: $0
- Related: $2,967,769
- Other: $73,272
- Compensation: $0
- Related: $2,607,638
- Other: $41,803
- Compensation: $1,231,214
- Related: $0
- Other: $33,856
- Compensation: $2,119,786
- Related: $0
- Other: $41,654
- Compensation: $2,093,633
- Related: $0
- Other: $18,879
- Compensation: $3,798,248
- Related: $0
- Other: $30,354
- Compensation: $2,184,333
- Related: $0
- Other: $30,432
- Compensation: $2,076,201
- Related: $0
- Other: $19,950
- Compensation: $2,442,801
- Related: $0
- Other: $30,792
Where can I find the form 990 for Hh Medstar Health Inc?
Hh Medstar Health Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hh Medstar Health Inc
HH Medstar Health Inc, a Maryland corporation, is dedicated to planning, developing, coordinating, directing, and managing an integrated healthcare system. With a mission to serve patients, their caregivers, and the broader community, HH Medstar Health assumes a leading role in the healthcare sector. The organization's primary focus revolves around providing management and support to MedStar Health, Inc. and its affiliated entities. In 2020, HH Medstar Health incurred significant management and general expenses amounting to $283.7m, demonstrating their substantial commitment to their mission. In essence, HH Medstar Health functions as an umbrella organization, overseeing various aspects of healthcare delivery and ensuring the efficiency and effectiveness of the services provided.
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Impact
October, 2024
Hh Medstar Health Inc significantly impacts the healthcare landscape by planning, developing, coordinating, directing, and managing an integrated healthcare system. This organization plays a crucial role in supporting MedStar Health, Inc. and its affiliated entities, ensuring that healthcare services are efficiently managed and delivered. Their focus on serving patients, caregivers, and communities highlights their commitment to improving health outcomes and addressing the needs of those they serve.
Located in Columbia, MD, Hh Medstar Health's operations contribute to the overall quality of healthcare in the region. By managing substantial resources, with reported management and general expenses of $283.7 million in 2020, they ensure that healthcare services are well-organized and accessible. Their efforts not only enhance patient care but also support healthcare professionals, creating a positive ripple effect throughout the communities they serve.
In essence, Hh Medstar Health Inc's impact lies in its comprehensive approach to healthcare management, which ultimately leads to better health services and enhanced community well-being in Maryland.
This information is meant to be a general summary of Hh Medstar Health Inc. 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: -$871
- Program Service Revenue: $1,129,685,136
- Gross Receipts: $1,353,824,767
Assets and Liabilities:
- Total Assets: $373,125,523
- Total Liabilities: $465,252,307
- Net Assets: -$92,126,784
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE RE
Revenue
$853,028,297
MANAGEMENT FEES
Revenue
$250,016,580
PROVIDER INCENTIVE FEE
Revenue
$15,819,844
OTHER PHYSICIAN REVENU
Revenue
$10,232,899
GLOBAL CAP REV MEDICAR
Revenue
$587,516
Organization Details
Founding Year
1987
Phone
(410) 772-6721Principal Officer
Kenneth Samet
Main Address
10980 GRANTCHESTER WAY, COLUMBIA, MD, 21044
NTEE Category
Code: E210 - Health
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