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Medstar Health INC

Public charityFed auditsIRS 990990-T FY2023
DBA: % JOEL BRYAN
Other · COLUMBIA, MD · EIN 52-2087445

About

. Medstar health, INC. (medstar health) is the parent and controlling entity for a $7.7 billion, not-for-profit health system dedicated to caring for people in maryland and the washington, d.c., region (comprising baltimore city; 11 counties in maryland; the district of columbia; and northern virginia). Through the combination of academic medicine, research and innovation across a comprehensive spectrum of clinical services, medstar health's more than 34,000 associates and 4,000 affiliated physicians serve more than 1,350,000 patients and families annually. Through medstar health hospitals, outpatient facilities, physician practices and other health-related entities, patients and families have access to a broad continuum of services including: acute, trauma & surgery, adult BURN care, ambulatory & urgent care, clinical research & innovation, emergency services, health & wellness screenings, home health & hospice, managed care, medical education, medical transportation, nursing home & senior living support, palliative care, pharmacy, physical therapy & rehabilitation, primary, specialty & surgical care, radiation & infusion therapy, and telehealth. . As the medical education and clinical partner of georgetown university, medstar health has one of the largest medical education programs in the country with more than 1,100 medical residents/fellows and trains nearly 700 nursing residents annually. . Medstar health offers a multitude of specialty services, leading the market across its strategic focus areas in heart & vascular, neurosciences, transplant, orthopaedics, gastroenterology, and cancer care. Additional specialty services include physical therapy & rehabilitation, women's health, behavioral health, urology, dermatology, diabetes & endocrinology, primary care, bariatrics, sports medicine, and plastic surgery. . Medstar health research institute, the research ARM of medstar health, ranks in the TOP 20% of recipients of research funding from the federal government (with approximately 1,000 open clinical research studies and more than $50 million in external funding), and provides scientific, administrative and regulatory support for research programs that complement the key clinical services and teaching programs across medstar health. . In fiscal year 2023, medstar health hospitals had approximately 116,500 inpatient admissions and SIX million outpatient visits that included approximately 405,800 emergency department visits. . Operating medstar health home care, the largest provider of home care services across maryland, washington, d.c., and northern virginia, approximately 307,300 visits were completed in fiscal year 2023. . Medstar family choice, the system's medicaid managed care company, enrolled approximately 177,100 members living in maryland and washington, d.c. As of JUNE 30, 2023. . Expanded telehealth services, such as remote patient monitoring, video and phone patient visits and e-consultations, conducting more than 483,000 telehealth encounters in fiscal year 2023.

In care of JOEL Bryan

Donations are tax-deductible
Category
Other
Employees
784
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$366.7M
Expenses
$298.9M
Assets
$3.2B
Liabilities
$2.7B

Financial history

$366.7M$183.3M$0
1617181920212223
RevenueExpenses
Latest FY2023: $366.7M · Avg: $293.3M

Foreign activity (Schedule F)

Total spent abroad$274.2M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN
EUROPE (INCLUDING ICELAND AND GREENLAND)

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$897K
Grants Given
$14.3M
MEDSTAR HEALTH INC
Your actions

Address

10980 Grantchester Way
Columbia, MD, 21044-609

Governance

Voting board members17
Independent members13
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$32.7M
Net to org$30.3M
Retained by contractors$2.4M
ChannelsMail · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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