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.
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.
Financials
FY 2020
Revenue
Expenses
People
33 listed
John Fox
President & CEO
$4.9M
2 hrs/wk
David Wood MD
Director
$1.2M
2 hrs/wk
John Kerndl
EVP & Chief Financial Officer
$1.1M
2 hrs/wk
Geoffrey Hockman
Director
—
2 hrs/wk
Christopher Blake
Director
—
2 hrs/wk
John Nemes
Secretary / Treasurer
—
2 hrs/wk
Harris Mainster DO
Director
—
2 hrs/wk
Robert Williams MD
Director
—
2 hrs/wk
Martha Quay
Director
—
2 hrs/wk
Ronald Hall Jr
Director
—
2 hrs/wk
Stephen Howard
Vice-Chairman
—
2 hrs/wk
Thomas Saeli
Director
—
2 hrs/wk
Timothy O'Brien
Director
—
2 hrs/wk
William Goldsmith
Director
—
2 hrs/wk
John Lewis
Chairman
—
2 hrs/wk
Gerson Cooper
Director
—
2 hrs/wk
Julie Fream
Vice Chairperson
—
2 hrs/wk
Kongkrit Chaiyasate
Plastic Reconstructive Surgeon
$2.2M
50 hrs/wk
Carolyn Wilson
EVP & Chief Operating Officer
$1.5M
50 hrs/wk
Mohamad Rasm Alsibae
Transplant Hepatology Surgeon
$1.3M
50 hrs/wk
Mohammad Chisti
Physician
$1.1M
50 hrs/wk
Matthew Trunsky
Director PCU
$1.1M
50 hrs/wk
Stephen Galens
Director Telemetry Unit
$1.0M
50 hrs/wk
Samuel Flanders MD
SVP/Chief Qual. & Safety Off
$843K
50 hrs/wk
Susan Grant
EVP & Chief Nursing Officer
$840K
50 hrs/wk
Nancy Susick
President Royal Oak
$837K
50 hrs/wk
Barbara Ducatman
CMO - Royal Oak (Start 4/20)
$726K
50 hrs/wk
Aaron Gillingham End 120
SVP, Chief HR Off., CIO
$723K
50 hrs/wk
James Lynch MD
President-Grosse Pointe & Troy
$722K
50 hrs/wk
Hans Keil
SVP & CIO (Start 1/20)
$551K
50 hrs/wk
Leslie Rocher
CMO - Royal Oak (End 4/20)
$433K
50 hrs/wk
Nicholas Gilpin
CMO - Grosse Pointe
$410K
50 hrs/wk
Michael Khoury
CMO - Troy
$271K
50 hrs/wk
Grants received
Showing 104 of 104
Funded by
$127.7M from 33 funders · 104 grants · 2017–2024
$62.4M · 10 grants · 2019–2022
$58.2M · 4 grants · 2020–2024
$3.4M · 8 grants · 2018–2022
$1.3M · 13 grants · 2020–2024
$479K · 7 grants · 2017–2023
$276K · 7 grants · 2017–2022
$195K · 3 grants · 2018–2020
$174K · 6 grants · 2018–2024