BRIDGEPORT HOSPITAL

EIN: 060646554 501(c)(3) Health Care

BRIDGEPORT, CT

Total Revenue
$909,950,494
Total Expenses
$937,607,759
Total Assets
$691,410,841
Net Assets
$334,008,635
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1878
Legal Domicile
CT
Principal Officer
GAIL KOSYLA
Phone
2036882603
Tax Period
2023-10-01 to 2024-09-30

BRIDGEPORT HOSPITAL, founded in 1878, is a major nonprofit in the Health Care sector that reported $910.0M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO OPERATE AN ACUTE CARE HOSPITAL IN BRIDGEPORT, CONNECTICUT FOR THE CARE AND TREATMENT OF PERSONS SUFFERING FROM DISEASE OR OTHER PHYSICAL OR MENTAL CONDITIONS WITHOUT REGARD TO RACE, COLOR, CREED, SEX, AGE OR ABILITY TO PAY.

Program Service Accomplishments

Program 1
Expenses: $898,118,557 Revenue: $898,136,712

BRIDGEPORT HOSPITAL IS A NON-PROFIT 501-BED ACUTE CARE HOSPITAL WITH TWO CAMPUSES. ITS BRIDGEPORT AND MILFORD CAMPUSES SERVE PATIENTS FROM ACROSS THE REGION. IT IS HOME TO THE ONLY BURN CENTER IN...

Read more

BRIDGEPORT HOSPITAL IS A NON-PROFIT 501-BED ACUTE CARE HOSPITAL WITH TWO CAMPUSES. ITS BRIDGEPORT AND MILFORD CAMPUSES SERVE PATIENTS FROM ACROSS THE REGION. IT IS HOME TO THE ONLY BURN CENTER IN CONNECTICUT AND FEATURES THE SECOND INPATIENT CAMPUS OF YALE NEW HAVEN CHILDREN'S HOSPITAL. BRIDGEPORT HOSPITAL IS COMMITTED TO PROVIDING SAFE, COMPASSIONATE AND COST-EFFICIENT CARE FOR ITS PATIENTS AND THE COMMUNITY.TO ENHANCE STROKE CARE, BRIDGEPORT HOSPITAL INSTALLED THE SIEMENS HEALTHINEERS ARTIS ICONO, THE MOST ADVANCED BIPLANE NEURO-ANGIOGRAPHY IMAGING SYSTEM. BIPLANE IMAGING PROVIDES INTRAOPERATIVE VIEWS FROM MULTIPLE ANGLES TO HELP SURGEONS REMOVE BLOOD CLOTS UP TO 24 HOURS AFTER THE ONSET OF A STROKE. IN ADDITION TO CLEARER VISUALIZATION, THE SYSTEM ALSO REQUIRES LOWER RADIATION EXPOSURE. BRIDGEPORT HOSPITAL'S MILFORD CAMPUS UNVEILED A STATE-OF-THE-ART POST-SURGICAL ORTHOPEDIC CARE UNIT. EQUIPPED WITH THE LATEST TECHNOLOGY, THE ROOMS ARE DESIGNED FOR PATIENT AND FAMILY COMFORT. PATIENTS USE TABLET TECHNOLOGY TO CONTROL LIGHTING, TEMPERATURE, WINDOW BLINDS AND ENTERTAINMENT OPTIONS AS WELL AS COMMUNICATE WITH THEIR CARE TEAM. YALE NEW HAVEN HEALTH'S HEART AND VASCULAR CENTER WAS THE FIRST AND ONLY HEALTH SYSTEM IN CONNECTICUT TO RECEIVE TRANSCATHETER VALVE CERTIFICATION BY THE AMERICAN COLLEGE OF CARDIOLOGY. RECERTIFICATION AT YALE NEW HAVEN HOSPITAL AND INITIAL CERTIFICATION AT BRIDGEPORT HOSPITAL AFFIRM THE EXPERTISE, QUALITY AND SAFETY OF CARE, AND OUTSTANDING PATIENT OUTCOMES. TRANSCATHETER AORTIC VALVE REPLACEMENT IS A MINIMALLY INVASIVE PROCEDURE TO REPLACE THE AORTIC VALVE IN PATIENTS WITH AORTIC STENOSIS A CONDITION WHERE THE VALVE IS NARROWED AND DOES NOT FULLY OPEN.BRIDGEPORT HOSPITAL'S MILFORD CAMPUS UNVEILED A STATE-OF-THE-ART POST-SURGICAL ORTHOPEDIC CARE UNIT. EQUIPPED WITH THE LATEST TECHNOLOGY, THE ROOMS ARE DESIGNED FOR PATIENT AND FAMILY COMFORT. PATIENTS USE TABLET TECHNOLOGY TO CONTROL LIGHTING, TEMPERATURE, WINDOW BLINDS AND ENTERTAINMENT OPTIONS AS WELL AS COMMUNICATE WITH THEIR CARE TEAM. YALE NEW HAVEN HEALTH'S HEART AND VASCULAR CENTER WAS THE FIRST AND ONLY HEALTH SYSTEM IN CONNECTICUT TO RECEIVE TRANSCATHETER VALVE CERTIFICATION BY THE AMERICAN COLLEGE OF CARDIOLOGY. INITIAL CERTIFICATION AT BRIDGEPORT HOSPITAL AFFIRMED THE EXPERTISE, QUALITY AND SAFETY OF CARE, AND OUTSTANDING PATIENT OUTCOMES. TRANSCATHETER AORTIC VALVE REPLACEMENT IS A MINIMALLY INVASIVE PROCEDURE TO REPLACE THE AORTIC VALVE IN PATIENTS WITH AORTIC STENOSIS A CONDITION WHERE THE VALVE IS NARROWED AND DOES NOT FULLY OPEN.BRIDGEPORT HOSPITAL'S EMERGENCY DEPARTMENTS AT THE BRIDGEPORT CAMPUS (LEFT) AND MILFORD CAMPUS TOOK HOME LANTERN AWARDS FROM THE EMERGENCY NURSES ASSOCIATION, WHICH RECOGNIZES EXCELLENCE IN EMERGENCY DEPARTMENTS. ESTABLISHED IN 2011, THE THREE-YEAR AWARD RECOGNIZES EXCELLENCE IN EMERGENCY DEPARTMENTS. THIS YEAR, ONLY 94 HOSPITALS NATIONWIDE RECEIVED THE HONOR FOR DEMONSTRATING EXCEPTIONAL PERFORMANCE IN KEY AREAS. THE BEACON AWARD RECOGNIZED UNIT CAREGIVERS FROM BRIDGEPORT HOSPITAL'S BRIDGEPORT CAMPUS (LEFT) AND MILFORD CAMPUS (RIGHT) WHO SUCCESSFULLY IMPROVE PATIENT OUTCOMES AND ALIGN PRACTICES WITH AMERICAN ASSOCIATION OF CRITICAL-CARE NURSES' SIX HEALTHY WORK ENVIRONMENT STANDARDS: SKILLED COMMUNICATION, TRUE COLLABORATION, EFFECTIVE DECISION-MAKING, APPROPRIATE STAFFING, MEANINGFUL RECOGNITION AND AUTHENTIC LEADERSHIP.HEALTHCARE ORGANIZATIONS ACROSS THE NATION WERE UNDER PRESSURE AS THE GROWING NEED FOR NURSES OUTPACED A SHRINKING WORKFORCE. BRIDGEPORT HOSPITAL, AS PART OF YALE NEW HAVEN HEALTH SYSTEM, TOOK THE LEAD IN PROVIDING NURSES WITH AN OPPORTUNITY TO EXTEND THEIR CAREERS THROUGH VIRTUAL NURSING, A PROGRAM THAT DECREASES PHYSICAL DEMANDS ON NURSES AND IMPROVES PATIENT CARE. THE HOSPITAL PILOTED THE PROJECT ON THE CARDIOLOGY FLOOR WHERE A PATIENT WAS ABLE TO CONNECT WITH A VIRTUAL NURSE WITHIN SECONDS. THE PROGRAM QUICKLY EXPANDED TO ADDITIONAL UNITS AND OPENED A NEW WORLD FOR NURSES. HYBRID NURSES COLLABORATED WITH ONSITE NURSES BY HANDLING IN-TAKE, CHECK-INS WITH PATIENTS AND LIAISING WITH FAMILIES. THE VIRTUAL TEAM OFTEN BOOKENDS THAT EXPERIENCE BY HANDLING DISCHARGE, WHICH ALLOWS ONSITE NURSES TO FOCUS ON CARE THAT CAN ONLY BE DELIVERED IN PERSON. DURING THE YEAR, BRIDGEPORT HOSPITAL'S VIRTUAL NURSING TEAM HAS CONDUCTED MORE THAN 3,000 VIDEO VISITS, RECEIVING FAVORABLE FEEDBACK FROM PATIENTS AND FAMILIES. GIVEN THE PROGRAM'S SUCCESS, VIRTUAL NURSING WAS IMPLEMENTED ACROSS YALE NEW HAVEN HEALTH.CREATING A HEALING ENVIRONMENT FOR PATIENTS IS THE HOSPITAL'S TOP PRIORITY, RECOGNIZING THAT THE COMMUNITY PLAYS AN IMPORTANT ROLE IN THE PROCESS. PATIENT FAMILY ADVISORY COUNCILS FACILITATE THE PATIENT/FAMILY PERSPECTIVE AND VOICE IN THE HOSPITAL'S ORGANIZATIONAL DECISION MAKING TO CREATE AND SUSTAIN A PATIENT- AND FAMILY-CENTERED CULTURE THAT CARRIES OVER INTO THE SERVICES AND RESOURCES OFFERED TO THE COMMUNITY. PROGRAMS INCLUDE HEALTH ASSESSMENTS AND SCREENINGS, EDUCATIONAL CLASSES, AND SUPPORT GROUPS FOR VARIOUS HEALTH DIAGNOSES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,846,570
Program Service Revenue $840,660,677
Investment Income $1,024,238
Other Revenue $61,419,009
TOTAL REVENUE $909,950,494

Expense Breakdown

Grants Paid $3,935,129
Salaries & Benefits $377,969,246
Fundraising Expenses $0
Program Expenses $898,118,557
Other Expenses $555,703,384
TOTAL EXPENSES $937,607,759

Year-over-Year Comparison

2023 2022 Change
Revenue $909,950,494 $838,048,221 +0.1%
Expenses $937,607,759 $897,527,103 +0.0%
Net Income $-27,657,265 $-59,478,882 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
17
Independent Members
13
Employees
4118
Volunteers
262

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$4,483,136
Total Directors
19
$4,619,312
Key Employees
4
$2,438,362
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS BALCEZAK TRUSTEE (CURRENT YR COMP) 1.00
Director
$0 $534,358 $2,171,362
THOMAS BALCEZAK TRUSTEE (VESTED DEFERRED) 1.00
Director
$0 $0 $167,594
GAIL KOSYLA TREASURER 1.00
Officer
$0 $407,968 $1,543,615
WILLIAM ASELTYNE ASSOC SEC (CURRENT YR COMP) 1.00
Officer
$0 $193,425 $1,450,910
WILLIAM ASELTYNE ASSOC SEC (VESTED DEFERRED) 1.00
Officer
$0 $0 $235,138
ANNE DIAMOND PRESIDENT/TRUSTEE 38.00
Officer Director
$883,330 $370,143 $1,253,473
JOHN SKELLY FORMER OFFICER (CURRENT YR COMP) 0.00
$0 $113,163 $644,060
JOHN SKELLY FORMER OFFICER (VESTED DEFERRED) 0.00
$0 $0 $1,167,986
VINCENT PETRINI FORMER TRUSTEE 0.00
$0 $1,906 $1,034,592
FRANCISCO GARRIDO PHYSICIAN 40.00
Highest
$884,961 $53,346 $1,005,449
PAMELA SCAGLIARINI CHIEF OP OFFICER (CURRENT YR COMP) 38.00
Key Emp
$706,463 $289,619 $996,082
PAMELA SCAGLIARINI CHIEF OP OFFICER (VESTED DEFERRED) 38.00
Key Emp
$99,609 $0 $99,609
VICTOR MORRIS SVP/CHIEF MEDICAL OFFICER 40.00
Key Emp
$792,696 $123,910 $916,606
RICHARD GREINER PHYSICIAN 40.00
Highest
$606,815 $111,312 $718,127
CAROLYN SALSGIVER FORMER OFFICER (CURRENT YR COMP) 0.00
$0 $24,610 $707,000
CAROLYN SALSGIVER FORMER OFFICER (VESTED DEFERRED) 0.00
$0 $0 $47,343
JONATHAN MAISEL PHYSICIAN 40.00
Highest
$595,959 $59,448 $655,407
EUGENE COLUCCI FORMER OFFICER 0.00
$0 $49,578 $612,687
CEASAR IRBY TRUSTEE 1.00
Director
$0 $57,658 $552,598
MICHAEL BUSCHER PHYSICIAN 40.00
Highest
$495,680 $53,647 $549,327
JUSTIN CAHILL PHYSICIAN 40.00
Highest
$465,722 $59,277 $524,999
MONIQUE MISRA TRUSTEE 1.00
Director
$0 $35,077 $474,285
MARY CHRISTOFFERSEN SVP/CHIEF NURSING OFFICER 40.00
Key Emp
$368,515 $57,550 $426,065
MARC LOMBARDI FORMER OFFICER 0.00
$0 $0 $164,158
MURALI CHIRUVALI TRUSTEE 1.00
Director
$0 $0 $0
FRANK CIMINIELLO TRUSTEE 1.00
Director
$0 $0 $0
MIHAELA COSTIN TRUSTEE 1.00
Director
$0 $0 $0
JOHN FALCONI TRUSTEE 1.00
Director
$0 $0 $0
EUGENE FRIDLAND TRUSTEE 1.00
Director
$0 $0 $0
KAREN GIBBS TRUSTEE 1.00
Director
$0 $0 $0
THOMAS LENCI VICE CHAIR/TRUSTEE 1.00
Officer Director
$0 $0 $0
RICHARD MEISENHEIMER TRUSTEE 1.00
Director
$0 $0 $0
EMIL MESHBERG SECRETARY/TRUSTEE 1.00
Officer Director
$0 $0 $0
PATRICK NOLAND TRUSTEE 1.00
Director
$0 $0 $0
RONALD NOREN TRUSTEE 1.00
Director
$0 $0 $0
MEREDITH REUBEN VICE CHAIR/TRUSTEE 1.00
Officer Director
$0 $0 $0
ED RODRIGUEZ CHAIRMAN/TRUSTEE 1.00
Officer Director
$0 $0 $0
CHAD TREDWAY TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $909,950,494 $937,607,759 $691,410,841 $-27,657,265
2023 $838,048,221 $897,527,103 $673,274,303 $-59,478,882
2022 $825,680,731 $831,815,003 $758,228,857 $-6,134,272
2021 $802,293,550 $784,126,433 $859,534,273 $18,167,117
2020 $729,975,555 $743,751,393 $853,709,766 $-13,775,838
2019 $626,472,397 $587,135,160 $746,612,659 $39,337,237
2018 $598,401,491 $531,105,652 $672,075,816 $67,295,839
Explore More Nonprofits
Top 100 Nonprofits in Connecticut Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BRIDGEPORT HOSPITAL with other nonprofits in Connecticut and across the country.