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Franklin Square Hospital Center Inc.

Franklin Square Hospital Center Inc.

Baltimore, MD 21237
Tax ID52-0608007

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About this organization

Revenue

$564,998,517

Expenses

$538,278,509

Mission

MEDSTAR FRANKLIN SQUARE MEDICAL CENTER, A MEMBER OF MEDSTAR HEALTH, PROVIDES THE HIGHEST QUALITY HEALTHCARE AND EDUCATION TO OUR COMMUNITIES.

About

MedStar Franklin Squares largest program is access to and the provision of acute hospital services to the communities of eastern Baltimore County, Maryland and the surrounding areas. In addition to the program service expenses listed above, MedStar Franklin Square incurred $86.2M of management and general expenses in providing services to its communities. MedStar Franklin Square offers clinical services in medicine, surgery, oncology, obstetrics and gynecology, cardiology (including angioplasty), pediatrics, and psychiatry. The hospital is also accredited by the Joint Commission and certified as a Primary Stroke Center. MedStar Franklin Square has earned the Magnet Designation for excellence in nursing, the Delmarva Foundation Award for Quality Excellence, and Baby Friendly designation. MedStar Franklin Square was listed by Consumer Reports as one of the top 32 hospitals nationwide and was recognized for efforts to reduce Central Line Infections. In 2019, MedStar Franklin Square received the American Health Associations "Mission: Lifeline STEMI Receiving Center Gold Award", a national recognition endorsing the hospitals continued commitment and success in using the Mission Lifeline program and applying the most up-to-date evidence-based treatment guidelines to improve patient care and outcomes in the community. In addition, MedStar Franklin Square also became the first hospital in the Baltimore area to be recognized by The Cribs for Kids National Safe Sleep Hospital Certification Program, received the Maryland Patient Safety Centers Neonatal Abstinence Syndrome Center of Excellence Award, and was recognized with the 2019 Nurse Improving Care for Healthsystem Elders (NICHE) Senior Friendly award. MedStar Franklin Square also received the 2019 Womens Choice Award as being one of Americas best breast centers. This designation is the only award that uses evidence-based data to identify the countrys best healthcare institutions based on robust criteria that consider female patient satisfaction, clinical excellence and what women say they want from a hospital. In addition to these awards, MedStar Franklin Square was also recognized by Healthgrades as one of Americas 50 Best Hospitals providing the highest quality care year over year in 2019.

Interesting data from their 2020 990 filing

The mission of the non-profit, as stated in the filing, is “As a proud member of medstar health, medstar franklin square medical centers (medstar franklin square) mission is to provide safe, high quality care, excellent service, and education to improve the health of the community. medstar franklin square is an acute-care teaching hospital located in eastern baltimore county, maryland. it is the largest community teaching hospital in maryland and offers a full range of services for children and adults. a seven-story patient tower with 291 private patient rooms includes an emergency department. the hospitals weinberg cancer institute is a 64,000-square-foot facility providing cancer patients and their families with a broad range of oncology services, including screening, diagnosis and treatment. in fiscal year 2019, medstar franklin square had 22,548 inpatient admissions and 398,162 outpatient visits including 78,708 emergency department visits.”.

When referring to its tasks, they were described as: “Medstar franklin square medical center, a member of medstar health, provides the highest quality healthcare and education to our communities.”.

  • The non-profit is operating legally in the state of MD.
  • The non-profit's address for the year 2020 is listed as 9000 Franklin Square Drive, Baltimore, MD, 21237 in the filing.
  • The form submitted by the non-profit organization for 2020 reports 3618 employees.
  • Operates a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $26,720,008.
  • The CEO compensation package within the organization is established through a review and approval process by an independent body.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 14 independent voting members.
  • The organization was formed in 1898.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $278,007,312 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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