Health Care
Corewell Health
GRAND RAPIDS, MI
Total revenue
$1.3B
Total expenses
$1.3B
Net assets
$496.2M
Grants received
$18.3M
29 grants
EIN
381405141
Tax year
2020
Mission
Provide excellence in care, healing and health to the individuals and communities we serve.
Programs
2 programs
Outpatient and Other Services:The Oakwood System's mission extends beyond its campuses where it is a leader in providing outpatient health care services to all members of the community, including Medicaid patients, underinsured patients and patients with no insurance at all. The Oakwood System also includes numerous community-based medical centers in the communities. All of these outpatient services are provided to patients on a non-discriminatory basis and irrespective of ability to pay.In March of 2020, Covid-19 began to take full-effect in the United States and Michigan. This now global pandemic has led to many challenges and changes in the healthcare industry as a whole. Some specific actions and programs that Beaumont Health put into place include: Strategic critical inventory management, including tracking of global production trends of vital equipment, purchasing, and stockpiling, standardization of equipment, such as ventilators and management of cardiac monitors, HEPA units, IT and facility infrastructure, etc. Activation of various pandemic protocols including the 24/7 Corporate and Site Emergency Operations Centers (EOCs). Continued EOC communication with interdisciplinary site leaders throughout the System. Developed EOC Data Dashboards for access to all leaders. Evaluation and re-deployment of labor pool activities including Beaumont Medical Group and Ambulatory staffing resources to support hospitals during surge events. Coordinated with Local, State, and Federal governmental departments to assist with all public health initiatives, coordination of patient care, and tracking and transmission of Covid-19 data.Beaumont Health also implemented various community programs and initiatives to help lead the way during the Covid-19 pandemic response for the communities it serves. These programs included: Covid-19 hotline to provide information and support Curbside screening and testing sites Developing improved and altered standards of care in response to the latest Covid-19 guidance. Implementing Infection Prevention Activities such as visitor guidance/restrictions, enhanced security and crowd control management, and disseminating urgent information to providers, staff, and visitors. On-lining of community/employee vaccine clinics near the end of 2020.Implementation of the above programs and protocols, along with near-unprecedented changes in patient volumes and the types of care and procedures that were available, has led to various changes in Beaumont Health's financial metrics. As the pandemic continues, Beaumont Health will move forward in providing compassionate, extraordinary care every day.
Emergency Services:The emergency care centers at the four hospitals in the Oakwood System are staffed and equipped to handle the most severe illnesses and injuries as well as minor traumas that require medical attention. Beaumont Hospital, Dearborn is a verified Level II trauma center that ensures advanced life-saving procedures are readily available 24/7 for patients with traumatic injuries. An 89-bed full-service emergency center provides rapid assessment and emergency care with response times below the national average for those requiring a heart or stroke intervention.Beaumont Hospital, Wayne has board-certified emergency medicine physicians, fast track service for rapid assessment and care for less urgent conditions, and advanced life-saving procedures.Beaumont Hospital, Trenton has achieved two-minute "door-to-evaluation and a "door-to-balloon" time of less than 56 minutes for those requiring a heart intervention which is well below the national average. Beaumont Hospital, Trenton is the only verified Level II trauma center serving the downriver community. This important distinction means that advanced life-saving procedures are readily available 24/7 for patients with traumatic injuries.Beaumont Hospital, Taylor is the only emergency room in Taylor offering 24/7 care.The Oakwood System treated 174,127 individuals in its emergency centers in 2020. The Oakwood System provides these medical services regardless of the patient's ability to pay and provides medical treatment to everyone entering the Oakwood System regardless of their financial circumstances.In March of 2020, Covid-19 began to take full-effect in the United States and Michigan. This now global pandemic has led to many challenges and changes in the healthcare industry as a whole. Some specific actions and programs that Beaumont Health put into place include: Strategic critical inventory management, including tracking of global production trends of vital equipment, purchasing, and stockpiling, standardization of equipment, such as ventilators and management of cardiac monitors, HEPA units, IT and facility infrastructure, etc. Activation of various pandemic protocols including the 24/7 Corporate and Site Emergency Operations Centers (EOCs). Continued EOC communication with interdisciplinary site leaders throughout the System. Developed EOC Data Dashboards for access to all leaders. Evaluation and re-deployment of labor pool activities including Beaumont Medical Group and Ambulatory staffing resources to support hospitals during surge events. Coordinated with Local, State, and Federal governmental departments to assist with all public health initiatives, coordination of patient care, and tracking and transmission of Covid-19 data.Beaumont Health also implemented various community programs and initiatives to help lead the way during the Covid-19 pandemic response for the communities it serves. These programs included: Covid-19 hotline to provide information and support Curbside screening and testing sites Developing improved and altered standards of care in response to the latest Covid-19 guidance. Implementing Infection Prevention Activities such as visitor guidance/restrictions, enhanced security and crowd control management, and disseminating urgent information to providers, staff, and visitors. On-lining of community/employee vaccine clinics near the end of 2020.Implementation of the above programs and protocols, along with near-unprecedented changes in patient volumes and the types of care and procedures that were available, has led to various changes in Beaumont Health's financial metrics. As the pandemic continues, Beaumont Health will move forward in providing compassionate, extraordinary care every day.
Financials
FY 2020
Revenue
Expenses
People
29 listed
Stephen Howard
Vice-Chairman
—
2 hrs/wk
Thomas Saeli
Director
—
2 hrs/wk
John Fox
President & CEO
—
2 hrs/wk
William Goldsmith
Director
—
2 hrs/wk
John Kerndl
EVP & Chief Financial Officer
—
2 hrs/wk
Timothy O'Brien
Director
—
2 hrs/wk
David Wood MD
Director
—
2 hrs/wk
Harris Mainster DO
Director
—
2 hrs/wk
John Nemes
Secretary / Treasurer
—
2 hrs/wk
Christopher Blake
Director
—
2 hrs/wk
Geoffrey Hockman
Director
—
2 hrs/wk
Gerson Cooper
Director
—
2 hrs/wk
John Lewis
Chairman
—
2 hrs/wk
Julie Fream
Vice Chairperson
—
2 hrs/wk
Martha Quay
Director
—
2 hrs/wk
Robert Williams MD
Director
—
2 hrs/wk
Ronald Hall Jr
Director
—
2 hrs/wk
Faisal Musa
Physician
$1.5M
50 hrs/wk
Samir Dabbous
Physician
$1.3M
50 hrs/wk
John M Hilu
Physician
$1.0M
50 hrs/wk
Mohammed Alsaidi-Donovan
Physician
$976K
50 hrs/wk
Edward Mavashev
Physician
$883K
50 hrs/wk
David Claeys
President - Dearborn & FH
$578K
25 hrs/wk
Lee Ann Odom - End 220
Int.Pres.Trenton,Taylor, Wayne
$498K
50 hrs/wk
Tammy Scarborough - Start 220
Int.Pres.Trenton,Taylor, Wayne
$364K
50 hrs/wk
Paulo Marciano
CMO-Dearborn
$250K
50 hrs/wk
Ashok Jain
CMO-Wayne
$222K
50 hrs/wk
Kassem Charara
CMO - Taylor
$210K
50 hrs/wk
Jonathan Kaper
CMO-Trenton
$180K
50 hrs/wk
Grants received
Showing 29 of 29
Funded by
$18.3M from 5 funders · 29 grants · 2018–2024
$16.2M · 4 grants · 2020–2024
$1.8M · 20 grants · 2020–2024
$150K · 2 grants · 2019–2020
$104K · 2 grants · 2022–2023
$14K · 1 grant · 2018