NonprofitsCorewell Health

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.

Expenses: $488.0MGrants: $5.7M

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.

Expenses: $101.3MGrants: $1.2M

Financials

FY 2020

Revenue

Contributions & grants$82.7M
Program service revenue$1.2B
Investment income
Other revenue$52.6M
Total revenue$1.3B

Expenses

Grants paid$13.9M
Salaries & benefits$649.1M
Fundraising
Other expenses$612.1M
Total expenses$1.3B
Total assets$1.1B
Net assets$496.2M

People

29 listed

NameRoleCompensation

Stephen Howard

Vice-Chairman

Board

2 hrs/wk

Thomas Saeli

Director

Board

2 hrs/wk

John Fox

President & CEO

Board

2 hrs/wk

William Goldsmith

Director

Board

2 hrs/wk

John Kerndl

EVP & Chief Financial Officer

Board

2 hrs/wk

Timothy O'Brien

Director

Board

2 hrs/wk

David Wood MD

Director

Board

2 hrs/wk

Harris Mainster DO

Director

Board

2 hrs/wk

John Nemes

Secretary / Treasurer

Board

2 hrs/wk

Christopher Blake

Director

Board

2 hrs/wk

Geoffrey Hockman

Director

Board

2 hrs/wk

Gerson Cooper

Director

Board

2 hrs/wk

John Lewis

Chairman

Board

2 hrs/wk

Julie Fream

Vice Chairperson

Board

2 hrs/wk

Martha Quay

Director

Board

2 hrs/wk

Robert Williams MD

Director

Board

2 hrs/wk

Ronald Hall Jr

Director

Board

2 hrs/wk

Faisal Musa

Physician

Staff

$1.5M

50 hrs/wk

Samir Dabbous

Physician

Staff

$1.3M

50 hrs/wk

John M Hilu

Physician

Staff

$1.0M

50 hrs/wk

Mohammed Alsaidi-Donovan

Physician

Staff

$976K

50 hrs/wk

Edward Mavashev

Physician

Staff

$883K

50 hrs/wk

David Claeys

President - Dearborn & FH

Staff

$578K

25 hrs/wk

Lee Ann Odom - End 220

Int.Pres.Trenton,Taylor, Wayne

Staff

$498K

50 hrs/wk

Tammy Scarborough - Start 220

Int.Pres.Trenton,Taylor, Wayne

Staff

$364K

50 hrs/wk

Paulo Marciano

CMO-Dearborn

Staff

$250K

50 hrs/wk

Ashok Jain

CMO-Wayne

Staff

$222K

50 hrs/wk

Kassem Charara

CMO - Taylor

Staff

$210K

50 hrs/wk

Jonathan Kaper

CMO-Trenton

Staff

$180K

50 hrs/wk

Grants received

Showing 29 of 29

FromAmountPurposeYear
$4.7M
TO SUPPORT EXEMPT PURPOSE
2024
$141K
RESPIRATORY EQUIP
2024
$133K
RESPIRATORY EQUIP
2024
$120K
RESPIRATORY EQUIP
2024
$99K
RESPIRATORY EQUIP
2024
$4.3M
TO SUPPORT EXEMPT PURPOSE
2023
$112K
RESPIRATORY EQUIP
2023
$107K
RESPIRATORY EQUIP
2023
$101K
RESPIRATORY EQUIP
2023
$95K
RESPIRATORY EQUIP
2023
$55K
PDO GRANT - PREVENTING OVERDOSE DEATHS IN CALHOUN, GENESEE, AND WAYNE COUNTIES
2023
$4.1M
GENERAL ASSISTANCE
2022
$114K
RESPIRATORY EQUIP
2022
$78K
RESPIRATORY EQUIP
2022
$57K
RESPIRATORY EQUIP
2022
$49K
PDO GRANT - PREVENTING OVERDOSE DEATHS IN CALHOUN, GENESEE, AND WAYNE COUNTIES
2022
$15K
RESPIRATORY EQUIP
2022
$114K
RESPIRATORY EQUIP
2021
$77K
RESPIRATORY EQUIP
2021
$69K
RESPIRATORY EQUIP
2021
$14K
RESPIRATORY EQUIP
2021
$3.1M
General Assistance
2020
$115K
RESPIRATORY EQUIP
2020
$112K
GRANT PASS THROUGH FOR COVID-19
2020
$105K
RESPIRATORY EQUIP
2020
$87K
RESPIRATORY EQUIP
2020
$73K
RESPIRATORY EQUIP
2020
$38K
GRANT PASS THROUGH FOR COVID-19
2019
$14K
EQUIPMENT UPGRADE
2018

Funded by

$18.3M from 5 funders · 29 grants · 2018–2024

Beaumont Health Foundation

$16.2M · 4 grants · 2020–2024

Detroit & Wayne County Tuberculosis

$1.8M · 20 grants · 2020–2024

Michigan Health & Hospital Association

$150K · 2 grants · 2019–2020

Prevention Michigan

$104K · 2 grants · 2022–2023

American Heart Association Inc

$14K · 1 grant · 2018

Details

EIN381405141
NTEE codeE21
Subsection03
Ruling date2014-03
Formed1948
Employees12472
Volunteers417
COREWELL HEALTH — Mission, Financials & Grants Received | Grantivo