Overview
What is Penn State Health?
Penn State Health is a nonprofit organization based in Hershey, Pennsylvania, dedicated to promoting health and supporting Pennsylvania State University. It manages and operates facilities and assets that provide healthcare services, integrating community-based and academic medical centers to achieve improved outcomes and cost savings. Financially and operationally, Penn State Health supports the Pennsylvania State University College of Medicine. In recent years, Penn State Health has expanded substantially, focusing on building an academic health system anchored by the tertiary/quaternary care resources of Milton S. Hershey Medical Center. As of now, they operate four acute care hospitals, including Milton S. Hershey Medical Center, St. Joseph Regional Health Network, Holy Spirit Medical Center, and Penn State Health Hampden Medical Center. All hospitals provide inpatient, outpatient, and emergency care services, with Penn State Health Lancaster Medical Center set to open in October 2022. Their mission is to continually improve the health and well-being of the people of Pennsylvania and beyond.
Official website here: www.pennstatehealth.org
Is Penn State Health legitimate?
Penn State Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penn State Health 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: $8,583,840
Professional Fundraising Fees: $0
Other Salaries and Wages: $321,378,090
For more financial information, click here
Official website here: www.pennstatehealth.org
What is the mission statement of Penn State Health?
Penn State Health is committed to enhancing the health and well-being of people, extending beyond Pennsylvania's borders. The organization delivers excellent, compassionate, and equitable care to patients while educating and training healthcare professionals. Penn State Health also advances medical innovation through research and discovery. Additionally, it supports the Pennsylvania State University and its College of Medicine, with their missions intertwined and mutually beneficial. Penn State Health has undergone significant growth in recent years, focusing on building an academic health system anchored by its academic tertiary/quaternary care resources. The organization operates several not-for-profit acute care hospitals, including the Milton S. Hershey Medical Center and St. Joseph Regional Health Network, among others. All hospitals provide inpatient, outpatient, and emergency care services. Penn State Health is planning to open a new acute care hospital, the Penn State Health Lancaster Medical Center, to further expand its reach.
Official website here: www.pennstatehealth.org
Who is the CEO of Penn State Health?
Stephen Massini is the Director/President/Ceo of Penn State Health. The CEO's salary of Penn State Health is $2,036,683 and their total compensation is $2,095,427.
Official website here: www.pennstatehealth.org
What is the revenue of Penn State Health?
Penn State Health's revenue in 2022 was $528,411,422.
Official website here: www.pennstatehealth.org
Who are the executives of Penn State Health and what are their salaries?
The average compensation at Penn State Health during 2022 was $62,105. There are 5,313 employees and 11 volunteers at Penn State Health.
Here are 33 key members and their salaries (Penn State Health's CEO's salary is $2,036,683 and their total compensation is $2,095,427):
- Stephen Massini (Director/President/Ceo)
- Kevin P Black Md (Director/Dean)
- Peter Dillon Md (Chair, Department Of Surgery)
- Dr Eric Barron (Director (Psu Employee) (Thru 5/22))
- Paula Tinch (Evp & Cfo, Treasurer (As Of 7/21))
- Venkatesh Nadar (Physician)
- Thomas Stoessel (Exec Vp & Chief Strategy Officer)
- Alan Brechbill (Coo (Thru 7/2020))
- Lance Wood (Physician)
- John Weaver (Physician)
- Greg Thompson (Physician)
- Annemarie Boyan Thru 222 (Sec. / Psh Assoc Gc (Psu Employee))
- Cletis Earle (Senior Vp & Cio)
- Louis Borgatta Md (Physician)
- Judith Hlafcsak (Chief Of Staff)
- Kimberly Lansford (Chief Compliance And Business Risk)
- Dr Sara Thorndike (Director (Psu Employee))
- David C Han Md (Director/Physician)
- Ross Darrow (Asst. Treasurer)
- Nicole Lehman (Interim Sec. (Psu Emp) (As Of 2/22))
- Deborah Addo (Coo (As Of 8/2021))
- Kathleen Miller (Assoc. Secretary)
- Keith Masser (Chair / Director)
- Peter G Tombros (Vice Chair / Director)
- Neeli Bendapudi (Director (As Of 5/2022))
- Timothy P Brown (Director)
- Peter M Carlino (Director)
- Kathleen Casey (Director)
- Mark Dambly (Director)
- Karen Hanlon (Director)
- Deborah Rice-Johnson (Director)
- Barry Robinson (Director)
- Tom Vankirk (Director)
Official website here: www.pennstatehealth.org
Where can I find the form 990 for Penn State Health?
The Penn State Health’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.pennstatehealth.org
Learn more at the official website: www.pennstatehealth.org
Mission Statement of Penn State Health
Penn State Health is a mission-driven organization dedicated to continually improving the health and well-being of people, not just in Pennsylvania but beyond. The nonprofit prioritizes delivering excellent, compassionate, and equitable care to patients, while also educating and training healthcare professionals and advancing evidence-based medical innovations through research and discovery. Penn State Health's goals extend beyond its own organization, as it plays a crucial role in supporting the Pennsylvania State University. It does this by managing and supporting facilities and other assets that provide healthcare services, integrating community-based and academic medical center healthcare, and financially and operationally supporting the Pennsylvania State University College of Medicine. Through these efforts, Penn State Health offers the College of Medicine additional platforms for education and research and generates shared revenue. In recent years, Penn State Health has undergone substantial growth, creating a high-quality, large-scale integrated healthcare delivery system to serve populations in Southcentral Pennsylvania. The organization operates four acute care hospitals, including the Milton S. Hershey Medical Center, St. Joseph Regional Health Network, Holy Spirit Medical Center, and Penn State Health Hampden Medical Center. All acute care hospitals provide inpatient, outpatient, and emergency care services. As of June 30, 2022, Penn State Health was preparing to open a newly constructed acute care hospital, the Penn State Health Lancaster Medical Center, in Lancaster County.
Impact
This information is meant to be a general summary of Penn State Health. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Penn State Health's impact is significant in improving the health and well-being of the people of Pennsylvania and beyond. The organization provides excellent, compassionate, and equitable care to patients, educates and trains healthcare professionals, and advances evidence-based medical innovation through research and discovery. Through its network of hospitals, including the Milton S. Hershey Medical Center, St. Joseph Regional Health Network, Holy Spirit Medical Center, Penn State Health Hampden Medical Center, and Penn State Health Lancaster Medical Center, Penn State Health delivers inpatient, outpatient, and emergency care services to the community. By focusing on building an academic health system supported by a community network, Penn State Health has made substantial progress in creating a high-quality, large-scale integrated healthcare delivery system in south-central Pennsylvania. This growth and progress contribute significantly to the overall health and well-being of the population served by Penn State Health.
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.
MANAGEMENT FEE
Revenue
$238,256,129
NET PATIENT SERVICES
Revenue
$140,200,740
SERVICES RENDERED CONT
Revenue
$54,413,072
PHARMACY RETAIL SALES
Revenue
$20,592,592
AMBULANCE SERVICE MEMB
Revenue
$1,905,496
Organization Details
Founding Year
2014
Phone
(717) 531-8477
Principal Officer
Stephen Massini
Main Address
100 CRYSTAL A DRIVE MC CA210, HERSHEY, PA, 17033
Website
www.pennstatehealth.org
NTEE Category
Code: E21 - Health
If you are a representative of Penn State Health and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.