Overview
What is Boston Medical Center Corporation?
Boston Medical Center Corporation, a private, not-for-profit organization based in Boston, Massachusetts, operates as New England's largest safety net hospital. With a mission to provide accessible healthcare services to all, regardless of their ability to pay, the center boasts 11,396 employees. Boston Medical Center emphasizes community-based care and offers a full spectrum of pediatric and adult healthcare services, from primary to family medicine to advanced specialty care. Nearly three-quarters of its patients come from underserved populations, including the low-income and elderly, who rely on government payers like Medicaid and Medicare. To cater to diverse patient populations, the center offers additional services beyond traditional medical care, such as patient navigation and a food pantry, which help reduce barriers to healthcare access and eliminate disparities among the patient populations served.
Official website here: www.bmc.org
Is Boston Medical Center Corporation legitimate?
Boston Medical Center Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Medical 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.
Here are some key statistics you may want to consider:
Executive Compensation: $5,062,829
Professional Fundraising Fees: $0
Other Salaries and Wages: $619,351,482
For more financial information, click here
Official website here: www.bmc.org
What is the mission statement of Boston Medical Center Corporation?
The Boston Medical Center Corporation is committed to delivering excellence in accessible healthcare services to all in need, regardless of their socio-economic status or ability to pay. As a private, not-for-profit medical center, it prioritizes community-based care and ensuring healthcare access for underserved populations, including the low-income and elderly, who rely on government payers like Medicaid, the Health Safety Net, and Medicare. Approximately 75% of its patient base comes from underrepresented communities, with 27% not speaking English as their primary language. To cater to diverse patient populations and eliminate healthcare disparities, the Boston Medical Center offers a variety of services beyond traditional medical care, such as patient navigation and a food pantry, which help reduce barriers to healthcare access.
Official website here: www.bmc.org
Who is the CEO of Boston Medical Center Corporation?
Kathleen E Walsh is the President & Ceo of Boston Medical Center Corporation. The CEO's salary of Boston Medical Center Corporation is $2,513,421 and their total compensation is $2,557,277.
Official website here: www.bmc.org
What is the revenue of Boston Medical Center Corporation?
Boston Medical Center Corporation's revenue in 2022 was $2,141,060,598.
Official website here: www.bmc.org
Who are the executives of Boston Medical Center Corporation and what are their salaries?
The average compensation at Boston Medical Center Corporation during 2022 was $54,792. There are 11,396 employees and 506 volunteers at Boston Medical Center Corporation.
Here are 48 key members and their salaries (Boston Medical Center Corporation's CEO's salary is $2,513,421 and their total compensation is $2,557,277):
- Kathleen E Walsh (President & Ceo) [Trustee/Director]
- Alastair Bell (Svp Ops & Strategy/Coo)
- Terri Newsom (Svp/Cfo/Treasurer)
- Jennifer Tseng Md (Trustee)
- Ravin Davidoff Md (Svp Medical Affairs And Cmo)
- David Coleman Md (Trustee)
- Nancy Gaden (Svp Chief Nursing Officer)
- Lisa Kelly-Croswell (Svp/Chro)
- Arthur Harvey (Vp/Cio)
- Bob Biggio (Svp Facility & Supt Svcs)
- Joe Camillus (Svp Ambulatory & Prf Svc)
- David Beck (Svp/Chief Legal Counsel/Clerk)
- Thea James (Vp Of Mission And Associate Cmo)
- David Twitchell (Vp And Chief Pharmacy Officer)
- Norman Stein (Former Svp Chief Development Officer)
- Julie Joncas (Former Vp Finance)
- Karen Antman Md (Trustee)
- Anita Bekenstein (Trustee)
- Barry Bock (Trustee (Until 7/03/22))
- Ryan Carroll (Trustee (As Of 5/10/2022))
- Nadine Chakar (Trustee)
- Enrique Colbert (Trustee)
- Sandra Cotterell (Trustee)
- Pierre Cremieux (Trustee)
- Randi Cutler (Trustee)
- Manishi Desai (Trustee (As Of 6/15/2022))
- Paul Egerman (Trustee)
- Ruth Ellen Fitch (Trustee)
- Melanie Foley (Trustee)
- Michael Gaines (Trustee (Until 6/23/22))
- Tricia Glynn (Trustee (Until 5/10/22))
- John T Hailer (Trustee)
- Karen Kames (Trustee)
- Azra Kanji (Trustee)
- Fred Lowery (Trustee)
- Manuel Lopes (Trustee (Until 10/29/21))
- Richard Marks (Trustee)
- Devin Mccourty (Trustee)
- Michelle Nadow (Trustee (As Of 5/10/2022))
- Lauren Nentwich (Trustee (Until 6/15/2022))
- Bisola Ojikutu Md (Trustee)
- Claire Perlman (Trustee (Until 5/10/2022))
- Martha Samuelson (Trustee/Chair)
- Cynthia Sierra (Trustee)
- Maroa Velez (Trustee)
- Rev Liz Walker (Trustee)
- Gregory Wilmot (Trustee (As Of 8/9/2022))
- Andrew Youniss (Trustee)
Official website here: www.bmc.org
Where can I find the form 990 for Boston Medical Center Corporation?
The Boston Medical Center Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.bmc.org
Learn more at the official website: www.bmc.org
Mission Statement of Boston Medical Center Corporation
Boston Medical Center Corporation, a private, not-for-profit institution, is dedicated to providing consistently excellent and accessible health services to all in need, regardless of their status or ability to pay. The organization's mission, as outlined in the statute authorizing its creation, emphasizes community-based, accessible care and a commitment to serving all populations. As the largest safety net hospital in New England, Boston Medical Center offers a full spectrum of pediatric and adult care services, from primary to family medicine to advanced specialty care.
The diverse patient population at Boston Medical Center relies heavily on government payers like Medicaid, the Health Safety Net, and Medicare for their coverage. Nearly 75% of the patients come from underserved populations, including the low-income and elderly. To address the unique health needs of this diverse demographic and reduce barriers to access to healthcare, Boston Medical Center provides a wide range of services beyond the traditional medical model. These programs, such as patient navigation and a food pantry, help eliminate disparities in healthcare among various populations served by the center. By offering these additional resources, Boston Medical Center ensures that it remains accessible and inclusive to all who need its care.
Impact
This information is meant to be a general summary of Boston Medical Center Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Boston Medical Center Corporation has a significant impact on the community by providing consistently excellent and accessible health services to all in need of care, regardless of their status or ability to pay. As the largest safety net hospital in New England, BMC serves diverse populations, including low-income individuals, the elderly, and non-English speakers who rely on government payers for coverage. Beyond traditional medical services, BMC offers programs like patient navigation and a food pantry to address the unique health needs of its patients and reduce barriers to healthcare access. By prioritizing inclusivity and eliminating disparities in healthcare, Boston Medical Center Corporation plays a crucial role in promoting overall community health and well-being.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$1,194,338,042
PHARMACY
Revenue
$603,108,982
GRANT & CONTRACT REVENUE
Revenue
$128,832,849
OTHER PROGRAM REVENUE
Revenue
$22,776,745
NPP & PHARMICIST REVENUE
Revenue
$3,255,574
Organization Details
Founding Year
1996
Phone
(617) 414-1628
Principal Officer
Kathleen E Walsh
Main Address
ONE BOSTON MEDICAL CENTER PLACE, BOSTON, MA, 02118
Website
www.bmc.org
NTEE Category
Code: E22 - Health
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