Health Care
Froedtert Memorial Lutheran Hospital Inc
MILWAUKEE, WI
Total revenue
$2.7B
Total expenses
$2.5B
Net assets
$1.2B
Grants received
$43.4M
16 grants
EIN
396105970
Tax year
2023
Mission
Froedtert memorial lutheran hospital, inc. (fmlh) advances the health of the people of the diverse communities we serve through exceptional care enhanced by innovation.
Programs
3 programs
Inpatient services - see schedule o
Medical education - see schedule o
EMERGENCY & TRAUMA CENTER, AND OTHER PROGRAM REVENUE Emergency and Trauma Center. FMLH has a community emergency department serving southeastern Wisconsin. They provide critical care, general emergency and minor care. FMLH is the only adult Level 1 Trauma Center in southeastern Wisconsin and supports the area's only air medical rescue program (Flight For Life) serving as a vital resource for the region. As a Level 1 trauma center we have: - Prompt availability of specialists in trauma surgery, orthopaedic surgery, neurosurgery, surgical critical care, and rehabilitation medicine to adequately respond to and care for various traumatic injuries. - Emergency Department staffed 24/7 by board-certified emergency physicians - Board certified trauma surgeons in-house and available 24/7 - Operating room dedicated solely to trauma patients - A State of the art Surgical Intensive Care Unit that provides life-saving care - A comprehensive injury prevention program providing education and outreach in the community - Professional education for physicians, nurses, emergency medical services personnel and physician liaisons - Conduct resident training in general surgery, orthopaedic surgery, neurosurgery and emergency medicine - Commitment to research to stay on the leading edge of the latest advances in trauma care Being a Level 1 status differentiates FMLH from all other hospitals and emergency departments in the region. During fiscal year 2024, Froedtert had 75,165 emergency visits and the Trauma Center evaluated 4,368 patients. Other Program Services Revenue As part of operating an acute care hospital and providing health care services to the community, other revenue is derived in the following areas: Other Department Operating Revenue - revenue derived from different services through the process of providing patient care and in the normal operation of a medical facility. Included in this category are items such as meaningful use revenue, pharmacy Revenue, medical staff application fees, and revenue from classes, pump rentals, and other wellness services. Dietary Revenue - revenue derived from cafeteria sales, vending machine sales, guest tray sales and employee meals. Dietary services are necessary to support services to patient families while their loved one is receiving care in the Hospital. The revenue from employee meals is a benefit provided by the Hospital as an employer and it allows our staff to remain on site for patient care. Corporate Allocated Revenue - revenue passed through from Froedtert ThedaCare Health (FTCH), a related party. Intercompany Revenue - consists of revenue derived from medical and administrative services provided to the other FTCH entities. All of these services support the delivery of healthcare to the community. Miscellaneous Revenue - revenue derived from different services through the process of providing patient care in the normal operation of a medical facility. Included in this category are items such as rental revenue, parking revenue, research revenue, recycling revenue, taxable sales, and sale of medical records, and interest income.
Financials
FY 2023
Revenue
Expenses
People
23 listed
Allen Ericson
Director & FMLH President (Start May24)
—
1 hrs/wk
Anne Zizzo
Director & BOD Chair
—
1 hrs/wk
Eric Conley
Director & FMLH President (Term Apr24)
—
42 hrs/wk
Lori Gendelman
Director & BOD V.Chair
—
1 hrs/wk
Barbara Slawski MD
Director
—
1 hrs/wk
Catherine Jacobson
Director & FTCH President/CEO
—
1 hrs/wk
Chris Her-Xiong
Director (Start Jul23)
—
1 hrs/wk
Derek Mosley Judge
Director
—
1 hrs/wk
Frank Cumberbatch
Director (Start Jul23)
—
1 hrs/wk
Jennifer Lopez
Director (Start Jul23)
—
1 hrs/wk
Kareeda Chones-Aguam
Director
—
1 hrs/wk
Louis Butler Jr
Director
—
1 hrs/wk
Margaret Faut Callahan
Director
—
1 hrs/wk
Matthew Rinka
Director
—
1 hrs/wk
Michael Stadler
Director
—
1 hrs/wk
Michele Bria
Director
—
1 hrs/wk
Paula Schmidt
Director & VP Patient Care Svc/CNO
—
50 hrs/wk
Rafael Acevedo Jr
Director
—
1 hrs/wk
Stephen Brenton
Director
—
1 hrs/wk
Tito Izard MD
Director
—
1 hrs/wk
Adam Smith
Treasurer
—
1 hrs/wk
Linda McPike
BOD Secretary
—
1 hrs/wk
Jeffrey Van De Kreeke
Former - Officer (Treas)
—
0Grants received
Showing 16 of 16
Funded by
$43.4M from 6 funders · 16 grants · 2017–2024
$32M · 5 grants · 2020–2024
$11.2M · 7 grants · 2017–2023
$157K · 1 grant · 2023
$48K · 1 grant · 2020
$19K · 1 grant · 2019
$11K · 1 grant · 2020