MEDSTAR HEALTH INC (EIN 522087445) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

KENNETH A SAMET

Phone

4107726721

Tax Period

2023-07-01 to 2024-06-30

MEDSTAR HEALTH INC, founded in 1998, is a major nonprofit in the Health Care sector that reported $363.6M in total revenue in fiscal year 2023. The organization ran a surplus of $65.2M, a strong 18% operating margin.

Mission

PLAN, DEVELOP, COORDINATE, DIRECT AND MANAGE AN INTEGRATED HEALTHCARE SYSTEM.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,315,609

Program Service Revenue $271,502,992

Investment Income $77,472,526

Other Revenue $9,311,998

TOTAL REVENUE $363,603,125

Expense Breakdown

Grants Paid $14,419,384

Salaries & Benefits $183,862,001

Fundraising Expenses $2,018,708

Program Expenses $296,404,711

Other Expenses $98,123,326

TOTAL EXPENSES $298,423,419

Year-over-Year Comparison

	2023	2022	Change
Revenue	$363,603,125	$366,652,043	0.0%
Expenses	$298,423,419	$298,884,795	0.0%
Net Income	$65,179,706	$67,767,248	0.0%

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

Governance

Voting Members

Independent Members

Employees

891

Volunteers

N/A

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

$11,526,782

Total Directors

$10,803,499

Key Employees

$9,342,743

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNETH A SAMET	CEO AND PRESIDENT	29.00	Officer Director	$7,083,748	$106,087	$7,189,835
LEIGH ANN CURL MD	DIRECTOR	1.00	Director	$0	$32,687	$1,570,409
CHRISTOPHER G KALHORN MD	DIRECTOR	1.00	Director	$0	$32,270	$1,200,191
ALLEN J TAYLOR MD	DIRECTOR	1.00	Director	$0	$11,307	$843,064
ANTHONY J BUZZELLI	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS P JOYCE JR	DIRECTOR	1.00	Director	$0	$0	$0
VINCENT J MARTORANA DPM	DIRECTOR	1.00	Director	$0	$0	$0
JOHN J DEGIOIA PHD	DIRECTOR	1.00	Director	$0	$0	$0
JAMES A DORTA MD	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT OURISMAN	DIRECTOR	1.00	Director	$0	$0	$0
REV DR GWENDOLYN E BOYD	DIRECTOR	1.00	Director	$0	$0	$0
GARY H TABACH	VICE CHAIR	1.00	Officer Director	$0	$0	$0
EBEN D FINNEY III	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY S PROCTOR	DIRECTOR	1.00	Director	$0	$0	$0
ADAEZE ENEKWECHI PHD MPP	DIRECTOR	1.00	Director	$0	$0	$0
TAMLA OLIVIER	DIRECTOR	1.00	Director	$0	$0	$0
ROSIE ALLEN-HERRING	CHAIR	1.00	Officer Director	$0	$0	$0
WILLIAM MATT KELLY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL RANDOLPH MD	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN NELSON	EVP & CFO	38.00	Officer	$2,207,257	$45,509	$2,252,766
OLIVER M JOHNSON II	EVP	35.00	Officer	$2,040,968	$43,213	$2,084,181
STEPHEN EVANS MD	EVP	38.00	Key Emp	$2,826,175	$63,500	$2,889,675
M JOY DRASS MD	EVP	39.00	Key Emp	$4,328,131	$69,388	$4,397,519
ERIC WAGNER	EVP	33.00	Key Emp	$2,029,086	$26,463	$2,055,549
LORETTA WALKER	SVP	40.00	Highest	$1,643,431	$48,275	$1,691,706
SUSAN ECKERT	SVP & CHIEF NURSING OFFICE	40.00	Highest	$1,381,768	$58,073	$1,439,841
MICHAEL SACHTLEBEN	SVP & COO, WASHINGTON REGION	40.00	Highest	$1,941,891	$59,112	$2,001,003
DAVID H SONG MD	VP OF MEDICAL AFFAIRS & CMO	40.00	Highest	$1,921,856	$33,078	$1,954,934
BRADLEY CHAMBERS	SVP & COO, BALITMORE REGION	40.00	Highest	$1,681,164	$59,767	$1,740,931
MICHAEL J CURRAN	FORMER EVP & CAO	39.00		$621,601	$10,769	$632,370

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
2025	No data	No data	No data	No data
2024	$363,603,125	$298,423,419	$3,406,041,925	$65,179,706
2023	$366,652,043	$298,884,795	$3,203,474,364	$67,767,248
2022	$324,422,604	$283,205,907	$3,241,361,236	$41,216,697
2021	$383,171,265	$287,056,514	$4,258,618,902	$96,114,751
2020	$275,133,645	$272,142,862	$4,670,764,797	$2,990,783
2019	$301,686,539	$261,224,498	$3,005,315,672	$40,462,041
2018	$292,624,293	$278,337,829	$2,974,268,762	$14,286,464

MEDSTAR HEALTH INC