MedStar Health
About MedStar Health
5565 Sterrett Pl., Fifth Floor, Columbia, Md. 21044
www.medstarhealth.org
| 410-772-6500
| Founded: 1998
Industry: Health Care | Category: Nonprofits
MedStar has nearly 5,000 physicians affiliated with its services. It serves a half-million patients each year. In addition to hospitals, the organization also runs assisted-living facilities, nursing homes and rehabilitation centers. Because it is a nonprofit organization, all of MedStar's income above its expenses is reinvested in improving its health care.
MedStar's sports-medicine division picked up a prominent new customer in 2005: the Washington Nationals. The team appointed MedStar doctors to be the club's physicians, following a similar move by the Baltimore Ravens.
In November, MedStar decided to integrate its fundraising operations into a centralized system for the entire network. MedStar hired Kintera Contact Relationship Management and Kintera Prospect Relationship Management to help it search for donors.
In December, MedStar added six members to its board, including HealthExtras Inc. Chairman Edward S. Civera and William R. Roberts, president of Verizon Maryland Inc.
President and CEO: Kenneth A. Samet
2005 Financial Data
Revenues: $2,690,000,000 | Net Income: $20,200,000,000Total employees: 23,000 | Local employees: 13,000
Did You Know
MedStar Health is a nonprofit health-care system that owns Washington Hospital Center, Georgetown University Hospital and National Rehabilitation Hospital in the District and four hospitals in Baltimore. Its network of seven hospitals makes it the region's largest health system.
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