EIN 94-3480131

LCMC Health

IRS 501(c) type
501(c)(3)
Num. employees
15,696
Year formed
2009
Most recent tax filings
2023-12-01
Description
LCMC Health is a Louisiana-based, not-for-profit healthcare system serving the needs of the people of Louisiana, the Gulf South and beyond. Patient-centered, quality healthcare is at the heart of each LCMC hospital’s mission.
Also known as...
Louisiana Children's Medical Center; West Jefferson Medical Center; University Healthcare System
Total revenues
$1,626,044,230
2023
Total expenses
$1,689,417,616
2023
Total assets
$4,001,304,052
2023
Num. employees
15,696
2023

Program areas at LCMC Health

Louisiana Children's Medical Center (lcmc) is a Louisiana non-stock not-for-profit corporation that was incorporated in 2009, with its founding member being Children's hospital (children's). Through a health care system agreement (system agreement) between lcmc, children's, touro infirmary and its subsidiaries (touro), university healthcare system l.c. (ejgh and tulane) and cooperative endeavor agreements (ceas) with university Medical Center management corporation (umcmc) and west jefferson holdings, llc (west jefferson), these parties have determined that together they can provide a multi-hospital, not-for-profit community-based, system that will provide a continuum of care to the families of the gulf south region. Lcmc, children's, touro, umcmc, ejgh and west (continued on schedule o) jefferson are hereinafter collectively referred to as the system. Lcmc functions as the system parent with reserve powers to be exercised to promote the best interests of the system and its affiliates. All corporate powers of the system are vested in the board of trustees of lcmc. Children's provides comprehensive pediatric healthcare that meets the special needs of children through excellence and continuous improvement of patient care, education, and research. Touro, formed in 1852, serves the greater new orleans community as a premier, diverse, multi-specialty hospital, caring for the sick regardless of race, color, creed, religious affiliation, or ability to pay. Umcmc operates university Medical Center in new orleans (umc). Umcmc is a provider of charity care for the uninsured and plays a vital role as a statewide referral Center for patients in need of tertiary care. Umcmc also provides Medical and allied health training through its affiliation with academic institutions to strengthen and enhance opportunities to achieve the state's Medical education, clinical care, and research goals.in tax year 2023, lcmc and its affiliates provided total community benefit expense of $1,326 million. This amount represented 42% of the affiliates combined total expense. Lcmc and its affiliates provides services to many low-income residents of the greater new orleans area. In 2023, $970 million in expense (31% of the affiliates combined total expense) was incurred in providing services for medicaid recipients and in providing financial assistance. Touro, children's, and other health care providers in Louisiana have collaborated with the state and units of local government in Louisiana, to more fully fund the medicaid program and ensure the availability of quality healthcare services for the low income and needy residents in the community population. The provision for this charity care directly to low income and needy patients will result in the alleviation of the expense of public funds the governmental entities previously expended on such care, thereby allowing the governmental entities to increase support for the state medicaid program up to the federal medicaid upper payment limits (upl). Each state's methodology must comply with its state plan and be approved by the centers for medicare & medicaid services (cms). Federal matching funds are not available for medicaid payments that exceed upls. In tax year 2023, the system received upl payments of approximately $519.5 million, which are included in direct offsetting revenue on part i, line 7b in schedule h of the respective hospital's 990s.
Community health services and community benefit operations provide free health education programs and screenings to the community. These programs are designed to focus on some of the most prevalent diseases within the community, such as diabetes, heart disease and cancer. These programs address prevention, early detection, treatment and maintaining healthy lifestyles.
The system provides inpatient, outpatient, emergency and critical care, home health, and rehabilitation services. The system has a total of 895 licensed patient beds. The system treated 36,259 inpatients and had 176,830 outpatient visits during 2023. There were 28,158 surgeries (inpatient, outpatient, and ambulatory surgery Center), 157,128 emergency department visits and 4,133 babies delivered. The system had 364,725 primary care and specialty clinic vists in 2023.

Grants made by LCMC Health

GranteeGrant descriptionAmount
LSU FoundationIn 2023 LCMC Donated $2,000,000 To Lsu Foundation With the Intention of Furthing Nursing Education in the Areas Served By LCMC'S Member Hospitals. These Funds Are Used To Identify Future Potential Nursing Students, Develop Nursing Faculty, and Provide Tuition Assistance To Qualified Students of the Lsu Nursing Program.$2,000,000
Xavier University of Louisiana (XULA)General Operating Support$750,000
Youthforce NolaGeneral Operating Support$150,000
...and 1 more grant made

Who funds LCMC Health

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Touro InfirmaryAmounts Provided Were To Further LCMC and Lsu's Partnership To Provide Patients With Access To State-Of-The Art Clinical Services and Clinical Trials. These Funds Are To Be Used in Support of Their Clinical , Research and Educational Programs in the Areas of Anatomy, Pharmacology, and Physiology, and Are Intended To Provide A Tangible Benefit To Social Welfare Through Related Programs and Educational Opportunities. These Funds Were Also Used To Fund It Services Provided To New Orleans East Hospital.$1,456,698
University Medical Center New Orleans (UMCNO)In 2023, Umcmc Donated $311,396 To LCMC Health With the Intention of Furthing Nursing Education in the Areas Served By LCMC'S Member Hospitals. These Funds Are Used To Identify Future Potential Nusing Students, Develop Nursing Faculty, and Provide Tuition Assistance To Qualified Students of the Lsu Nursing Program. This Grant Also Helped Fund It Services Provided To New Orleans East Hospital.$311,396

Personnel at LCMC Health

NameTitleCompensation
Greg FeirnChief Executive Officer
Gregory C FeirnPresident and Chief Executive Officer / Chief Executive Officer of LCMC / Senior Vice President and Chief Financial Officer$2,239,340
Maurice LagardeChief Operating Officer / Chief Strategy and Growth Officer$841,275
Joann KunkelChief Financial Officer$1,121,644
Damon M DietrichChief Medical Information Officer / Board Member , WJMC$505,114
...and 13 more key personnel

Financials for LCMC Health

RevenuesFYE 12/2023
Total grants, contributions, etc.$15,090,610
Program services$1,516,681,474
Investment income and dividends$4,051,373
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$16,874,277
Net gain from sale of non-inventory assets$61,444
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$73,285,052
Total revenues$1,626,044,230

Form 990s for LCMC Health

Fiscal year endingDate received by IRSFormPDF link
2022-122024-02-14990View PDF
2021-122022-11-15990View PDF
2020-122022-02-15990View PDF
2019-122021-04-01990View PDF
2018-122020-01-28990View PDF
...and 8 more Form 990s

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Data update history
September 22, 2024
Updated personnel
Identified 2 new personnel
June 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
May 22, 2024
Updated personnel
Identified 3 new personnel
May 19, 2024
Used new vendors
Identified 2 new vendors, including , and
May 19, 2024
Received grants
Identified 4 new grant, including a grant for $969,151 from Touro Infirmary
Nonprofit Types
Grantmaking organizationsHospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
LobbyingState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
1100 Poydras St 2500 Energy Centre
New Orleans, LA 70163
Metro area
New Orleans-Metairie, LA
County
Orleans Parish, LA
Website URL
lcmchealth.org 
Phone
(504) 899-9511
IRS details
EIN
94-3480131
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E20: Hospitals and Primary Medical Care Facilities
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
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