MedStar Georgetown University Hospital
Legal name: The Medstar-georgetown Medical Center Inc
Nonprofit profile at a glance
- EIN
- 522218584
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Washington, DC, United States
- Phone
- 202-444-2000
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospital, General
Reported finances
- Revenue
- $1,902,689,707
- Expenses
- $1,744,179,966
- Assets
- $1,623,796,096
- Liabilities
- $187,673,470
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- LISA BOYLE (PRESIDENT/DIRECTOR)
Highest reported compensation
- KENNETH A SAMET (DIRECTOR): $6,562,774 total reported compensation
- JEAN-MARC VOYADZIS (PHYSICIAN): $2,482,496 total reported compensation
- FRED MO (PHYSICIAN): $2,431,591 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Caring for people and advancing health.
What it reported doing in 2024
See schedule omedstar georgetown university hospital's largest program is the provision of acute hospital services to the communities of the northwest Washington, d.c. And the surrounding areas. In addition to the program service expenses listed above, medstar georgetown incurred $287.7m of management and general expenses in providing services to its communities. Medstar georgetown's centers of excellence include neurosciences, transplantation, cancer and gastroenterology. The hospital is one of a few centers in the world providing living-donor liver transplantation. Medstar georgetown's neurosciences program is recognized as an advanced primary stroke center by the joint commission and is a national parkinson foundation center of excellence for parkinson's disease and other movement disorders. Medstar georgetown's lombardi comprehensive cancer center is one of only 52 centers in the u.s., and the only one designated as a comprehensive cancer center by the national cancer institute in Washington, d.c. Medstar georgetown was the first hospital in Washington, d.c. To attain magnet recognition by the american nurses credentialing center (ancc), and now has achieved five consecutive magnet designations (2004, 2008, 2014, 2018, 2022).
Operating model
- Revenue model
- Earned-program. 92% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 88
- Accountability: 81
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.5%; rating input score 77
- Program expense ratio: 83.5%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 85.7%; rating input score 86; 1st percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 72.3%; rating input score 72; 15th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 19th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.3%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0.93; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0.9%; rating input score 76; 76th percentile among comparable filings
Growth
- Program expense growth: 6.4% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 5.5% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 12.4% per year; rating input score 100; 79th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 76.5% of revenue deployed · 83.5% of spending went to programs
- Governance: 10 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $1.5B in reported program spending
- Leadership: top reported pay $6.6M · 26 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $46M reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 11 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: 67 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.