Overview
What is The Medstar-Georgetown Medical Center Inc?
The Medstar-Georgetown Medical Center Inc, located in Washington, D.C., is a renowned nonprofit hospital dedicated to providing acute healthcare services to the Northwest Washington, D.C., community and its surrounding areas. With a staff of over 5,200 employees, the hospital prides itself on its centers of excellence, including neurosciences, transplantation, cancer, and gastroenterology. Medstar Georgetown is one of a few hospitals worldwide offering living-donor liver transplantation and is recognized as an advanced primary stroke center by The Joint Commission. Its Lombardi Comprehensive Cancer Center is one of only 52 centers in the U.S. designated as a comprehensive cancer center by the National Cancer Institute. The hospital, which operates under the Jesuit tradition of cura personalis, had 15,642 inpatient admissions and 773,071 outpatient visits in FY 2022, including 31,639 emergency visits. During the COVID-19 pandemic, Medstar Health, of which Medstar Georgetown is a part, has taken extensive measures to ensure a safe care environment, mitigate community spread, and maintain operational continuity. Their efforts have led to innovative care approaches, such as telehealth, expanded home care management, community mobile units for vaccinations, and increased PPE acquisition. In FY 2022, Medstar Health administered over 36,800 COVID-19 vaccinations/boosters to associates and physicians and over 74,500 to patients across the region.
Official website here: www.georgetownuniversityhospital.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Medstar-Georgetown Medical Center Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its exceptional commitment to accountability and finance. With an overall score derived entirely from its accountability metrics, the organization demonstrates strong governance practices, including a majority of independent board members and robust financial oversight.
The center's financial health is evidenced by its low liabilities-to-assets ratio of 14.58%, indicating a solid financial foundation. Additionally, the organization allocates a significant portion of its expenses—80.43%—directly towards its programs, underscoring its focus on mission-related activities. The presence of comprehensive policies for conflict of interest, whistleblower protection, and document retention further enhances its credibility.
While the ratings are overwhelmingly positive, potential donors and stakeholders should remain mindful that the score does not encompass all aspects of the organization's operations. However, the strong financial practices and governance structures suggest that The Medstar-Georgetown Medical Center Inc is a trustworthy nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Medstar-Georgetown Medical Center Inc legitimate?
The Medstar-Georgetown Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Medstar-Georgetown Medical Center 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: $5,607,608
Professional Fundraising Fees: $0
Other Salaries and Wages: $555,140,812
For more financial information, click here
Official website here: www.georgetownuniversityhospital.org
What is the mission statement of The Medstar-Georgetown Medical Center Inc?
The Medstar-Georgetown Medical Center Inc is dedicated to providing physical and spiritual care for patients and their families, embodying the Jesuit tradition of cura personalis or "caring for the whole person." As a constituent of Medstar Health, this acute care teaching and research hospital offers comprehensive health services, accommodating 15,642 inpatient admissions and 773,071 outpatient visits in fiscal year 2022, with 31,639 emergency visits. The team at Medstar-Georgetown Medical Center is committed to delivering compassionate care, ensuring the well-being of patients during their healing journey.
Official website here: www.georgetownuniversityhospital.org
Who is the CEO of The Medstar-Georgetown Medical Center Inc?
Michael Sachtleben is the Principal Officer of The Medstar-Georgetown Medical Center Inc.
Official website here: www.georgetownuniversityhospital.org
What is the revenue of The Medstar-Georgetown Medical Center Inc?
The Medstar-Georgetown Medical Center Inc's revenue in 2022 was $1,404,463,537.
Official website here: www.georgetownuniversityhospital.org
Who are the executives of The Medstar-Georgetown Medical Center Inc and what are their salaries?
The average compensation at The Medstar-Georgetown Medical Center Inc during 2022 was $106,606. There are 5260 employees at The Medstar-Georgetown Medical Center Inc.
Here are 31 key members and their salaries:
- Compensation: $0
- Related: $15,771,396
- Other: $96,287
- Compensation: $1,615,390
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- Other: $54,992
- Compensation: $1,220,643
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- Other: $41,432
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- Compensation: $869,312
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- Other: $30,009
- Compensation: $203,223
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- Other: $15,660
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- Compensation: $389,387
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- Other: $43,134
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- Compensation: $374,952
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- Other: $25,447
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- Compensation: $84,664
- Related: $169,326
- Other: $10,234
- Compensation: $478,990
- Related: $0
- Other: $23,006
- Compensation: $0
- Related: $298,255
- Other: $31,634
- Compensation: $120,452
- Related: $0
- Other: $16,915
- Compensation: $530,374
- Related: $0
- Other: $24,464
- Compensation: $482,791
- Related: $0
- Other: $30,396
- Compensation: $463,044
- Related: $0
- Other: $24,926
- Compensation: $431,213
- Related: $0
- Other: $25,840
- Compensation: $401,230
- Related: $0
- Other: $16,130
- Compensation: $0
- Related: $1,231,214
- Other: $33,856
Official website here: www.georgetownuniversityhospital.org
Where can I find the form 990 for The Medstar-Georgetown Medical Center Inc?
The Medstar-Georgetown Medical Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.georgetownuniversityhospital.org
Learn more at the official website: www.georgetownuniversityhospital.org
Mission Statement of The Medstar-Georgetown Medical Center Inc
The Medstar-Georgetown Medical Center Inc, a proud member of Medstar Health, is dedicated to offering both physical and spiritual comfort to patients and their families in the Jesuit tradition of cura personalis, which emphasizes caring for the whole person. The medical center strives to provide comprehensive care, addressing not just the medical needs but also the emotional and spiritual well-being of its patients.
In the bustling world of healthcare, Medstar-Georgetown stands out for its commitment to holistic care. With a mission rooted in the Jesuit philosophy, the medical center goes beyond the standard provision of medical services. In fiscal year 2022, Medstar-Georgetown saw 15,642 inpatient admissions and 773,071 outpatient visits, which speaks to the wide reach and impact of its services. Among these, 31,639 emergency visits underscore the importance of having a medical facility that is readily accessible and able to address acute health concerns.
Medstar-Georgetown's approach to healthcare extends beyond the clinical setting. By integrating spiritual care into its services, the medical center acknowledges the profound significance of the human spirit in the healing process. This multifaceted approach to caring for patients and their families creates an environment that fosters hope, comfort, and resilience.
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Impact
October, 2024
The MedStar-Georgetown Medical Center Inc plays a pivotal role in delivering comprehensive healthcare services to the communities in and around Northwest Washington, D.C. Its commitment to providing both physical and spiritual comfort aligns with the Jesuit principle of 'cura personalis,' which emphasizes holistic care for individuals and their families. The center stands out for its advanced medical programs, including recognized centers of excellence in neurosciences, transplantation, cancer, and gastroenterology.
Notably, MedStar Georgetown University Hospital offers unique services such as living-donor liver transplantation and is distinguished as an Advanced Primary Stroke Center by the Joint Commission, underscoring its leadership in critical care and specialized treatments. Additionally, the Lombardi Comprehensive Cancer Center, recognized as a National Cancer Institute-designated Comprehensive Cancer Center, offers cutting-edge cancer treatment resources unavailable in many other facilities.
In response to the COVID-19 pandemic, MedStar Georgetown became a vital part of the regional healthcare strategy, caring for a significant portion of the area's COVID-19 patients. The hospital adapted its services to include telehealth options, mobile vaccination clinics, and enhanced safety protocols, thereby ensuring continuous, uninterrupted care for its community during a challenging time.
With a robust infrastructure supporting over 15,600 inpatient admissions and 773,071 outpatient visits each year, the center has established itself as an essential healthcare provider, making significant contributions to both patient care and community health. Its ongoing efforts in clinical excellence and patient-centered care have solidified its reputation as a leading institution in healthcare delivery in the region.
This information is meant to be a general summary of The Medstar-Georgetown Medical Center 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: $1,695,323
- Program Service Revenue: $1,310,527,087
- Gross Receipts: $1,404,463,537
Assets and Liabilities:
- Total Assets: $1,236,273,178
- Total Liabilities: $210,097,673
- Net Assets: $1,026,175,505
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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
$1,270,225,702
TRAINING TUITION
Revenue
$16,753,804
OTHER PHYSICAN REVENU
Revenue
$9,268,175
PHARMACY REVENUE
Revenue
$8,008,958
RESIDENT SERVICE REVEN
Revenue
$6,270,448
Organization Details
Founding Year
2000
Phone
(202) 784-3000Principal Officer
Michael Sachtleben
Main Address
HOSPITAL ADMIN 1 MAIN BLDG, WASHINGTON, DC, 20007
NTEE Category
Code: E220 - Health
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