NonprofitsCorewell Health

Health Care

Corewell Health

GRAND RAPIDS, MI

Total revenue

$2.8B

Total expenses

$2.6B

Net assets

$2.3B

Grants received

$127.7M

104 grants

EIN

381459362

Tax year

2020

Mission

To provide the highest quality healthcare service to all of our patients efficiently, effectively and compassionately, regardless of where they live or their financial circumstances.

Programs

2 programs

Beaumont'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 System also includes numerous community-based medical centers in Macomb, Oakland And Wayne counties, housing two family medicine centers, physician offices, an ambulatory surgical center, diagnostic radiology, laboratory and rehabilitation services, extended care centers in Bloomfield Hills, Shelby Township, St. Clair Shores, Southfield and West Bloomfield, and an assisted-living facility in St. Clair Shores. In-home care services include nursing, infusion medical equipment and hospice and Beaumont Health Center in Royal Oak, with outpatient rehabilitation services, an interventional pain center, an anticoagulation medicine service, a hyperbaric medicine program and the Beaumont weight control. In 2020, Beaumont recorded 3,535,596 outpatient ancillary visits system-wide. 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: $1.0BGrants: $13.0M

The emergency care centers at the three hospitals in the System are staffed and equipped to handle the most severe illnesses and injuries as well as minor traumas that require medical attention. Beaumont, Royal Oak is a Level 1 trauma center designated by the American College of Surgeons. The System treated 229,466 individuals in its emergency centers in 2020. Beaumont provides these medical services regardless of the patient's ability to pay and treats everyone 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: $136.9MGrants: $1.7M

Financials

FY 2020

Revenue

Contributions & grants$175.4M
Program service revenue$2.3B
Investment income$91.7M
Other revenue$195.0M
Total revenue$2.8B

Expenses

Grants paid$30.3M
Salaries & benefits$1.7B
Fundraising
Other expenses$895.5M
Total expenses$2.6B
Total assets$5.0B
Net assets$2.3B

People

33 listed

NameRoleCompensation

John Fox

President & CEO

Board

$4.9M

2 hrs/wk

David Wood MD

Director

Board

$1.2M

2 hrs/wk

John Kerndl

EVP & Chief Financial Officer

Board

$1.1M

2 hrs/wk

Geoffrey Hockman

Director

Board

2 hrs/wk

Christopher Blake

Director

Board

2 hrs/wk

John Nemes

Secretary / Treasurer

Board

2 hrs/wk

Harris Mainster DO

Director

Board

2 hrs/wk

Robert Williams MD

Director

Board

2 hrs/wk

Martha Quay

Director

Board

2 hrs/wk

Ronald Hall Jr

Director

Board

2 hrs/wk

Stephen Howard

Vice-Chairman

Board

2 hrs/wk

Thomas Saeli

Director

Board

2 hrs/wk

Timothy O'Brien

Director

Board

2 hrs/wk

William Goldsmith

Director

Board

2 hrs/wk

John Lewis

Chairman

Board

2 hrs/wk

Gerson Cooper

Director

Board

2 hrs/wk

Julie Fream

Vice Chairperson

Board

2 hrs/wk

Kongkrit Chaiyasate

Plastic Reconstructive Surgeon

Staff

$2.2M

50 hrs/wk

Carolyn Wilson

EVP & Chief Operating Officer

Staff

$1.5M

50 hrs/wk

Mohamad Rasm Alsibae

Transplant Hepatology Surgeon

Staff

$1.3M

50 hrs/wk

Mohammad Chisti

Physician

Staff

$1.1M

50 hrs/wk

Matthew Trunsky

Director PCU

Staff

$1.1M

50 hrs/wk

Stephen Galens

Director Telemetry Unit

Staff

$1.0M

50 hrs/wk

Samuel Flanders MD

SVP/Chief Qual. & Safety Off

Staff

$843K

50 hrs/wk

Susan Grant

EVP & Chief Nursing Officer

Staff

$840K

50 hrs/wk

Nancy Susick

President Royal Oak

Staff

$837K

50 hrs/wk

Barbara Ducatman

CMO - Royal Oak (Start 4/20)

Staff

$726K

50 hrs/wk

Aaron Gillingham End 120

SVP, Chief HR Off., CIO

Staff

$723K

50 hrs/wk

James Lynch MD

President-Grosse Pointe & Troy

Staff

$722K

50 hrs/wk

Hans Keil

SVP & CIO (Start 1/20)

Staff

$551K

50 hrs/wk

Leslie Rocher

CMO - Royal Oak (End 4/20)

Staff

$433K

50 hrs/wk

Nicholas Gilpin

CMO - Grosse Pointe

Staff

$410K

50 hrs/wk

Michael Khoury

CMO - Troy

Staff

$271K

50 hrs/wk

Grants received

Showing 104 of 104

FromAmountPurposeYear
$22.7M
TO SUPPORT EXEMPT PURPOSE
2024
$117K
RESPIRATORY EQUIP
2024
$100K
RESPIRATORY EQUIP
2024
$25K
MOVR REGISTRY SUPPORT
2024
$8K
MEDICAL / PUBLIC SERVICES
2024
$14.1M
TO SUPPORT EXEMPT PURPOSE
2023
$98K
RESPIRATORY EQUIP
2023
$88K
RESPIRATORY EQUIP
2023
$75K
TO BENEFIT CHILDREN
2023
$33K
Support of research activities
2023
$25K
MOVR REGISTRY SUPPORT
2023
$12K
Research
2023
$12K
TO CURE CHILDREN AND IMPROVE CAPACITY AND QUALITY OF TREATMENT
2023
$9K
TO SUPPORT EXPEMPT PURPOSE
2023
$5K
General Operating Support
2023
$38M
GRANT PASS THROUGH
2022
$11.6M
GENERAL ASSISTANCE
2022
$500K
INTEGRATED CARE FOR PREGNANT WOMEN WITH OUD/SUD
2022
$131K
RESPIRATORY EQUIP
2022
$104K
RESPIRATORY EQUIP
2022
$78K
TO BENEFIT CHILDREN
2022
$74K
RESPIRATORY EQUIP
2022
$60K
Research
2022
$28K
RESEARCH
2022
$28K
MOVR REGISTRY SUPPORT
2022
$16K
TO CURE CHILDREN AND IMPROVE CAPACITY AND QUALITY OF TREATMENT
2022
$12K
For grant recipient's exempt purposes
2022
$23.4M
GRANT PASS THROUGH
2021
$207K
GRANT PASS THROUGH
2021
$207K
GRANT PASS THROUGH
2021
$100K
RESPIRATORY EQUIP
2021
$88K
RESPIRATORY EQUIP
2021
$77K
RESPIRATORY EQUIP
2021
$75K
MEDICAL SUPPORT
2021
$36K
For grant recipient's exempt purposes
2021
$36K
For grant recipient's exempt purposes
2021
$33K
PROGRAM SUPPORT
2021
$25K
MEDICAL DIAGNOSIS AND REGISTRY SUPPORT
2021
$21K
RESEARCH
2021
$10K
PUBLIC SUPPORT
2021
$9.9M
General Assistance
2020
$336K
FOOD IS MEDICINE: MEDICALLY TAILORED MEALS
2020
$308K
GRANT PASS THROUGH FOR COVID-19
2020
$121K
RESPIRATORY EQUIP
2020
$106K
GRANT PASS THROUGH FOR COVID-19
2020
$100K
RESPIRATORY EQUIP
2020
$97K
RESPIRATORY EQUIP
2020
$81K
GRANT PASS THROUGH FOR COVID-19
2020
$75K
RESEARCH CONCERNING DIET-INDUCED KETOSIS AND PEDIATRIC BRAIN TUMORS
2020
$75K
RESEARCH TO DETERMINE THE MOLECULAR CHANGES IN THE BLADDER IN RESPONSE TO RADIATION TREATMENT AND IDENTIFY POTENTIAL THERAPEUTIC TARGETS
2020
$68K
TO BENEFIT CHILDREN
2020
$63K
TO SUPPORT THE COMMUNITY
2020
$52K
MEDICAL DIAGNOSIS AND REGISTRY SUPPORT
2020
$21K
RESEARCH- SUBAWARD
2020
$21K
For grant recipient's exempt purposes
2020
$19K
SUPPORT CHARITABLE PROGRAMS
2020
$18K
TO PROVIDE SUPPORT
2020
$14K
COVID-19 PERSONAL PROTECTIVE EQUIPMENT
2020
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$6K
MEDICAL / PUBLIC SERVICES
2020
$5K
SCHOLARSHIP PRESENTED TO AN AACLS ACCREDITED PROGRAM FOR THE PURPOSE OF FURTHERING EDUCATIONAL OPPORTUNITIES FOR HISTOLOGY STUDENTS.
2020
$438K
IMPROVING THE CARE OF PATIENTS WITH MENTAL HEALTH DISORDERS IN THE EMERGENCY DEPARTMENT
2019
$223K
EXPANDING ADVANCED CARE PLANNING IN THE CLINICAL AND COMMUNITY SETTING
2019
$73K
TO SUPPORT THE COMMUNITY
2019
$70K
TO SUPPORT THE COMMUNITY
2019
$61K
TO BENEFIT CHILDREN
2019
$57K
GRANT PASS THROUGH FOR COVID-19
2019
$32K
RESEARCH- SUBAWARD
2019
$31K
For grant recipient's exempt purposes
2019
$31K
GRANT PASS THROUGH FOR COVID-19
2019
$31K
COVID 19 SUPPORT
2019
$21K
RESEARCH- SUBAWARD
2019
$19K
COVID 19 SUPPORT
2019
$15K
GRANT PASS THROUGH FOR COVID-19
2019
$5K
GRANT TO SUPPORT THE QUALITY OF LIFE FOR PEDIATRIC PATIENTS THROUGH THE CHILD ADVOCACY AND PROTECTION TEAM AT WILLIAM BEAUMONT HOSPITAL AS PART OF THE DR. LIVINGOOD HUMANITARIAN AWARD PRESENTED AT THE CATCH NIGHT OF CHAMPIONS
2019
$493K
COMPREHENSIVE, INTERPROFESSIONAL SUBSTANCE USE DISORDER TREATMENT INITIATIVE IN A FAMILY MEDICINE RESIDENCY PROGRAM
2018
$493K
COMPREHENSIVE, INTERPROFESSIONAL SUBSTANCE USE DISORDER TREATMENT INITIATIVE IN A FAMILY MEDICINE RESIDENCY PROGRAM
2018
$446K
DEARBORN SHINES (SCHOOL HEALTH THROUGH INTEGRATED NUTRITION & EXERCISE STRATEGIES) FOR HEALTHY KIDS!
2018
$446K
DEARBORN SHINES (SCHOOL HEALTH THROUGH INTEGRATED NUTRITION & EXERCISE STRATEGIES) FOR HEALTHY KIDS!
2018
$148K
PARKINSON'S RESEARCH
2018
$61K
TO BENEFIT CHILDREN
2018
$60K
TO SUPPORT THE COMMUNITY
2018
$50K
TO SUPPORT THE COMMUNITY
2018
$39K
RESEARCH- SUBAWARD
2018
$39K
For grant recipient's exempt purposes
2018
$25K
Chemodenervation
2018
$19K
MEDICAL DIAGNOSIS
2018
$5K
GRANT TO SUPPORT THE QUALITY OF LIFE FOR PEDIATRIC PATIENTS THROUGH THE CHILD ADVOCACY AND PROTECTION TEAM AT WILLIAM BEAUMONT HOSPITAL AS PART OF THE DR. LIVINGOOD HUMANITARIAN AWARD PRESENTED AT THE CATCH NIGHT OF CHAMPIONS
2018
$101K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$61K
TO BENEFIT CHILDRED
2017
$29K
RESEARCH- SUBAWARD
2017
$23K
HEALTH & HUMAN SERVICES
2017

Funded by

$127.7M from 33 funders · 104 grants · 2017–2024

Michigan Health & Hospital Association

$62.4M · 10 grants · 2019–2022

Beaumont Health Foundation

$58.2M · 4 grants · 2020–2024

Michigan Health Endowment Fund

$3.4M · 8 grants · 2018–2022

Detroit & Wayne County Tuberculosis

$1.3M · 13 grants · 2020–2024

Variety Club Charity For Children

$479K · 7 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$276K · 7 grants · 2017–2022

Phillip W Fisher Support Foundation

$195K · 3 grants · 2018–2020

Muscular Dystrophy Association

$174K · 6 grants · 2018–2024

Details

EIN381459362
NTEE codeE21
Subsection03
Ruling date2014-03
Formed1956
Employees25033
Volunteers1262
COREWELL HEALTH — Mission, Financials & Grants Received | Grantivo