Overview
What is Virginia Mason Medical Center?
Virginia Mason Medical Center is a nonprofit organization dedicated to enhancing the health and well-being of its patients. The medical center achieves this by delivering high-quality, cost-effective care through a teaching hospital and multi-specialty group practice. With a teaching hospital licensed for 336 beds and approximately 565 employed physicians, Virginia Mason Medical Center offers both primary and specialized care through a regional network of neighborhood clinics and ambulatory surgery centers.
Official website here: www.vmfh.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87% (Three-Star out of Four Star Rating)
Virginia Mason Medical Center has achieved an 87% score, reflecting strong performance in Accountability & Finance. The organization is noted for having a fully independent board, demonstrating good governance practices. With high scores in financial oversight, including a perfect audit and oversight committee score, the center shows a commitment to transparency and accountability.
The organization excels in its program expense ratio, allocating nearly 90% of its budget directly to programs, which indicates effective use of resources. Additionally, it has robust policies in place concerning conflict of interest, whistleblower protections, and document retention, all contributing to a high level of trustworthiness.
However, the center's liabilities to assets ratio suggests areas for improvement, as it scored lower in this category. Overall, while Virginia Mason Medical Center demonstrates strong accountability practices and effective financial management, attention to its financial liabilities may enhance its performance further.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Mason Medical Center legitimate?
Virginia Mason Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Mason Medical Center 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: $10,630,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $588,114,077
For more financial information, click here
Official website here: www.vmfh.org
What is the mission statement of Virginia Mason Medical Center?
The Virginia Mason Medical Center is dedicated to enhancing the health and well-being of its patients by providing top-notch, cost-effective care. The medical center offers integrated health services through a teaching hospital and a multispecialty group practice. With a workforce of approximately 565 employed physicians, the center delivers both primary and specialized care. The institution extends its services beyond the hospital through a regional network of neighborhood clinics and ambulatory surgery centers. The core objective is to ensure the well-being of patients and improve their quality of life.
Official website here: www.vmfh.org
Who is the CEO of Virginia Mason Medical Center?
Ketul Patel is the CEO of Virginia Mason Medical Center The CEO's salary of Virginia Mason Medical Center is $2,613,387 and their total compensation is $2,645,540.
Official website here: www.vmfh.org
What is the revenue of Virginia Mason Medical Center?
Virginia Mason Medical Center's revenue in 2024 was $1,277,811,426.
Official website here: www.vmfh.org
Who are the executives of Virginia Mason Medical Center and what are their salaries?
The average compensation at Virginia Mason Medical Center during 2024 was $98,672. There are 6068 employees and 165 volunteers at Virginia Mason Medical Center.
Here are 34 key members and their salaries (Virginia Mason Medical Center's CEO's salary is $2,613,387 and their total compensation is $2,645,540):
- Compensation: $2,613,387
- Related: $0
- Other: $32,153
- Compensation: $1,774,457
- Related: $0
- Other: $45,495
- Compensation: $1,312,066
- Related: $0
- Other: $36,237
- Compensation: $1,309,766
- Related: $0
- Other: $36,655
- Compensation: $1,304,066
- Related: $0
- Other: $41,277
- Compensation: $1,246,560
- Related: $0
- Other: $38,345
- Compensation: $1,234,614
- Related: $0
- Other: $34,883
- Compensation: $1,053,853
- Related: $0
- Other: $7,665
- Compensation: $1,022,454
- Related: $0
- Other: $41,654
- Compensation: $666,625
- Related: $0
- Other: $45,973
- Compensation: $645,696
- Related: $0
- Other: $49,944
- Compensation: $572,884
- Related: $0
- Other: $49,944
- Compensation: $398,946
- Related: $0
- Other: $9,886
- Compensation: $376,060
- Related: $0
- Other: $41,977
- Compensation: $345,211
- Related: $0
- Other: $47,900
- Compensation: $285,787
- Related: $0
- Other: $21,964
- Compensation: $229,618
- Related: $0
- Other: $2,298
- Compensation: $220,832
- Related: $0
- Other: $12,469
- Compensation: $186,649
- Related: $0
- Other: $0
- Compensation: $139,724
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Other: $0
Official website here: www.vmfh.org
Where can I find the form 990 for Virginia Mason Medical Center?
Virginia Mason Medical Center's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.vmfh.org
Learn more at the official website: www.vmfh.org
Mission Statement of Virginia Mason Medical Center
Virginia Mason Medical Center, a renowned healthcare provider, strives to enhance the health and well-being of its patients through the delivery of top-notch, cost-effective care. The organization operates as a teaching hospital and multi-specialty group practice, furnishing both primary and specialized healthcare services to a wide range of individuals. By combining the strengths of these two facets, Virginia Mason Medical Center ensures comprehensive care for its clientele.
The medical center boasts approximately 565 employed physicians and licenses for 336 hospital beds, making it a significant player in the healthcare industry. This robust team enables Virginia Mason Medical Center to provide a network of neighborhood clinics and ambulatory surgery centers, extending its reach and enhancing accessibility to its services. The center's commitment to high-quality care and affordability sets it apart, making it a trusted choice for patients in need.
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Impact
October, 2024
Virginia Mason Medical Center significantly impacts the health and well-being of the Seattle community by offering high-quality, cost-effective medical care. As a teaching hospital with 336 licensed beds and a multi-specialty group practice consisting of approximately 565 employed physicians, it ensures that patients receive integrated health services tailored to their needs. The center provides both primary and specialized care through a network of neighborhood clinics and ambulatory surgery centers, making healthcare more accessible to the population it serves. By focusing on the continuous improvement of patient outcomes, Virginia Mason Medical Center contributes to the overall enhancement of community health, setting a standard for quality care in the region.
This information is meant to be a general summary of Virginia Mason Medical Center. 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 2024.
- Investment Income: $802,330
- Program Service Revenue: $1,218,259,905
- Gross Receipts: $1,282,648,848
Assets and Liabilities:
- Total Assets: $1,332,811,389
- Total Liabilities: $808,823,352
- Net Assets: $523,988,037
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICES
Revenue
$1,205,023,510
PHARMACY SERVICES
Revenue
$13,236,395
Organization Details
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