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Mary Washington Healthcare
Michael P Mcdermott MD MBA, President And CEO. Fiscal year ending 2024-12.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
Most of the reported compensation ($2,433,987 of $2,477,935) came from a related organization (Part VII column E) and was reported on this filing.
§1The filing
- Total revenue
- $1,070,313,284
- Total expenses
- $1,020,304,460
- Net assets
- $344,134,304
- Employees
- 5,133
- Hospitals covered
- 2 facilities across 1 filing
- Charity care, net
- $6,689,611
- Bad debt
- $15,870,556
- Medicare surplus (shortfall), as filed
- ($77,197,617)
- CEO pay from the organization (Part VII col. D)
- $0
- From related organizations (col. E)
- $2,433,987
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $43,948
- CEO total compensation (D+E+F)
- $2,477,935 to Michael P Mcdermott MD MBA
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
Source: Form 990, Mary Washington Healthcare, EIN 20-1106426, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($15.9M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
