BALTIMORE, MD
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Sign In — Free (10 views/day)FRANKLIN SQUARE HOSPITAL CENTER INC, founded in 1898, is a major nonprofit in the Health Care sector that reported $613.1M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.
MEDSTAR FRANKLIN SQUARE MEDICAL CENTER (MEDSTAR FRANKLIN SQUARE) IS THE LEADER IN PROVIDING SAFE AND INNOVATIVE PATIENT-CENTERED CARE, EXCEPTIONAL SERVICE AND EDUCATION TO IMPROVE THE HEALTH OF THE DIVERSE COMMUNITIES WE SERVE. MEDSTAR FRANKLIN SQUARE IS AN ACUTE-CARE TEACHING HOSPITAL LOCATED IN EASTERN BALTIMORE COUNTY, MARYLAND. IT IS AMONG THE LARGEST COMMUNITY TEACHING HOSPITALS IN MARYLAND, OFFERING A FULL RANGE OF SERVICES AND INCLUDES A SEVEN-STORY PATIENT TOWER WITH 357 PRIVATE PATIENT ROOMS AND AN EMERGENCY DEPARTMENT. THE HOSPITAL'S WEINBERG CANCER INSTITUTE IS A 64,000-SQUARE-FOOT FACILITY PROVIDING CANCER PATIENTS AND THEIR FAMILIES WITH A BROAD RANGE OF ONCOLOGY SERVICES, INCLUDING SCREENING, DIAGNOSIS AND TREATMENT. IN AUGUST OF 2020, THE HOSPITAL OPENED AN 82,000-SQUARE-FOOT SURGICAL PAVILION, DESIGNED TO REVOLUTIONIZE THE PROCESS OF SURGICAL CARE FOR PATIENTS AND THEIR FAMILIES. THE SURGICAL PAVILION WAS ONE OF THE FIRST HOSPITALS IN THE STATE OF MARYLAND TO HOUSE A "HYBRID" OPERATING ROOM: A SPECIALTY SURGICAL SUITE FEATURING ADVANCED IMAGING TECHNOLOGY THAT ALLOWS AN INTERVENTIONAL CARDIOLOGIST, RADIOLOGIST, AND VASCULAR SURGEON TO COLLABORATE AT ONE TIME DURING A SURGICAL CASE. IN FISCAL YEAR 2023, MEDSTAR FRANKLIN SQUARE OPENED AN ELECTIVE CARDIAC CATHETERIZATION PROGRAM (CPORT-E) AND BECAME CERTIFIED AS A THROMBECTOMY-CAPABLE STROKE CENTER WHICH HAS SINCE BECOME FULLY DESIGNATED AS A COMPREHENSIVE STROKE CENTER. SIGNIFICANT INVESTMENT HAS ALSO BEEN MADE IN ADVANCING MEDSTAR FRANKLIN SQUARE'S SERVICES BY OPENING A NEW OUTPATIENT NEUROSCIENCE SUITE, A NEW CATHETERIZATION LAB, AN ANATOMIC PATHOLOGY LAB, AND EXPANDING ACCESS TO OUR OUTPATIENT CARDIOLOGY UNIT. IN FISCAL YEAR 2024, MEDSTAR FRANKLIN SQUARE HAD 19,907 INPATIENT ADMISSIONS AND 183,333 OUTPATIENT VISITS INCLUDING 65,207 EMERGENCY DEPARTMENT VISITS.
MEDSTAR FRANKLIN SQUARE'S LARGEST PROGRAM IS ACCESS TO AND THE PROVISION OF ACUTE HOSPITAL SERVICES TO THE COMMUNITIES OF EASTERN BALTIMORE COUNTY, MARYLAND AND THE SURROUNDING AREAS. IN ADDITION TO...
MEDSTAR FRANKLIN SQUARE'S LARGEST PROGRAM IS ACCESS TO AND THE PROVISION OF ACUTE HOSPITAL SERVICES TO THE COMMUNITIES OF EASTERN BALTIMORE COUNTY, MARYLAND AND THE SURROUNDING AREAS. IN ADDITION TO THE PROGRAM SERVICE EXPENSES LISTED ABOVE, MEDSTAR FRANKLIN SQUARE INCURRED $96.6M OF MANAGEMENT AND GENERAL EXPENSES IN PROVIDING SERVICES TO ITS COMMUNITIES. AS A TERTIARY CENTER IN NORTHEAST BALTIMORE, MEDSTAR FRANKLIN SQUARE CONTINUES TO RECRUIT NEUROLOGY, ONCOLOGY, AND INTEGRATED SURGICAL SERVICE EXPERTS. MEDSTAR FRANKLIN SQUARE IS PROUD TO HAVE BEEN RE-ACCREDITED WITH THE JOINT COMMISSION'S GOLD SEAL OF APPROVAL FOR OUR COMMITMENT TO PROVIDING SAFE AND QUALITY PATIENT CARE. THE AMERICAN NURSES CREDENTIALING CENTER (ANCC) ALSO RE-DESIGNATED MEDSTAR FRANKLIN SQUARE AS MAGNET FOR EXCELLENCE IN NURSING, MAKING MEDSTAR FRANKLIN SQUARE ONE OF THE ONLY HOSPITALS IN MARYLAND TO BE RECOGNIZED FOUR TIMES IN A ROW. MEDSTAR FRANKLIN SQUARE HAS EARNED SOME OF THE REGION'S AND NATION'S MOST PRESTIGIOUS HONORS AND, INCLUDING: THE AMERICAN HEART ASSOCIATION'S "MISSION: LIFELINE - STEMI RECEIVING CENTER" GOLD AWARD, THE AMERICAN HEART ASSOCIATION/AMERICAN STROKE ASSOCIATION'S "GET WITH THE GUIDELINES" STROKE GOLD PLUS ACHIEVEMENT AWARD WITH TARGET: STROKE HONOR ROLL ELITE PLUS, ADVANCED THERAPY AND TARGET: TYPE 2 DIABETES HONOR ROLL IN ADDITION, BALTIMORE MAGAZINE RECOGNIZED 83 MEDSTAR HEALTH PHYSICIANS AS "TOP DOCTORS" IN NOVEMBER 2024 AND BALTIMORE MAGAZINE RECOGNIZED EIGHT MEDSTAR FRANKLIN SQUARE NURSES FOR EXCELLENCE IN NURSING IN MAY 2024. US NEWS & WORLD REPORT ALSO RECOGNIZED MEDSTAR FRANKLIN SQUARE AS HIGH PERFORMING IN HEART FAILURE, DIABETES CARE, STROKE, CHRONIC OBSTRUCTIVE PULMONARY DISEASE, AND LUNG CANCER SURGERY AND PRACTICE GREENHEALTH ENVIRONMENTAL EXCELLENCE AWARD WINNER.
MEDSTAR FRANKLIN SQUARE PROVIDED $60.8M IN SUBSIDIZED (MISSION DRIVEN) HEALTH SERVICES IN FISCAL YEAR 2024. THESE CRITICAL SERVICES, WHICH ARE DRIVEN BY COMMUNITY NEEDS, OPERATE AT A LOSS. THEY...
MEDSTAR FRANKLIN SQUARE PROVIDED $60.8M IN SUBSIDIZED (MISSION DRIVEN) HEALTH SERVICES IN FISCAL YEAR 2024. THESE CRITICAL SERVICES, WHICH ARE DRIVEN BY COMMUNITY NEEDS, OPERATE AT A LOSS. THEY ADDRESS PRIORITIES PRIMARILY THROUGH DISEASE PREVENTION AND IMPROVEMENT OF HEALTH STATUS. SERVICES INCLUDE EMERGENCY MEDICINE; WOMEN'S AND CHILDREN'S HEALTH, AND BEHAVIORAL HEALTH.
MEDSTAR FRANKLIN SQUARE PROVIDED $19.3M IN HEALTH PROFESSIONS EDUCATION IN FISCAL YEAR 2024. THIS CATEGORY INCLUDES TRAINING IN GRADUATE MEDICAL EDUCATION, AND EDUCATION FOR PHYSICIANS, MEDICAL...
MEDSTAR FRANKLIN SQUARE PROVIDED $19.3M IN HEALTH PROFESSIONS EDUCATION IN FISCAL YEAR 2024. THIS CATEGORY INCLUDES TRAINING IN GRADUATE MEDICAL EDUCATION, AND EDUCATION FOR PHYSICIANS, MEDICAL STUDENTS, NURSES, AND OTHER HEALTH PROFESSIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $613,099,602 | $564,053,549 | +0.1% |
| Expenses | $597,880,603 | $568,154,973 | +0.1% |
| Net Income | $15,218,999 | $-4,101,424 | -4.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KENNETH A SAMET | DIRECTOR | 1.00 |
Director
|
$0 | $106,087 | $7,189,835 |
| STUART M LEVINE MD | PRESIDENT/DIRECTOR | 40.00 |
Officer
Director
|
$1,217,764 | $44,287 | $1,262,051 |
| NICOLA LONDON MD | DIRECTOR | 40.00 |
Director
|
$620,905 | $22,846 | $643,751 |
| DIANA PANCU MD | DIRECTOR & VP EMERG MED. | 1.00 |
Director
|
$0 | $32,213 | $542,601 |
| MICHAEL P RODRIGUES MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROL L NICOLETTE ANTILL | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DENISE M MATRICCIANI | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERIC C WASHINGTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HOWARD GOLDMAN MD | DIRECTOR | 40.00 |
Director
|
$0 | $398 | $419,108 |
| WILLIAM MCLAUGHLIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARLA T OROS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL J BERNA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LESLIE R KAMINSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AIMAN SHAMMAS MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| AMARIS UMBAGER | DIRECTOR (UNTIL 02/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| CHUKWUMA EBO MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA PLOWFIELD PHD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEANA STOUT | CFO/TREASURER | 1.00 |
Officer
|
$0 | $32,895 | $598,495 |
| LAUREN ROBINSON | SECRETARY | 40.00 |
Officer
|
$83,640 | $19,886 | $103,526 |
| DAVID LISLE MD | COLORECTAL SURGEON | 40.00 |
Highest
|
$1,151,133 | $19,255 | $1,170,388 |
| ALAIN ABDO MD | MEDICAL DOCTOR | 40.00 |
Highest
|
$559,068 | $32,203 | $591,271 |
| NATHANIEL BARBO | VP, OPERATIONS | 40.00 |
Highest
|
$338,133 | $17,758 | $355,891 |
| KATHY HENRY MD | PHYSICIAN | 40.00 |
Highest
|
$308,452 | $28,604 | $337,056 |
| KIMBERLY SCHWENK MSN | CNO | 40.00 |
Highest
|
$273,615 | $16,558 | $290,173 |
| ROBERT LALLY | VP, FINANCE/FORMER OFFICER | 39.00 |
|
$213,730 | $0 | $213,730 |
| KEITH SHINER | FORMER OFFICER | 1.00 |
|
$0 | $32,118 | $334,146 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $613,099,602 | $597,880,603 | $341,971,137 | $15,218,999 |
| 2023 | $564,053,549 | $568,154,973 | $330,984,117 | $-4,101,424 |
| 2022 | $547,008,613 | $559,660,260 | $353,571,239 | $-12,651,647 |
| 2021 | $621,968,540 | $613,996,673 | $352,871,142 | $7,971,867 |
| 2020 | $605,822,205 | $549,814,325 | $351,159,004 | $56,007,880 |
| 2019 | $564,998,517 | $538,278,509 | $280,504,715 | $26,720,008 |
| 2018 | $557,773,104 | $518,922,787 | $283,609,265 | $38,850,317 |
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