Program areas at Virtua Health
One of the primary ways in which Virtua fulfills its exempt purpose is through its affiliated entities provision of healthcare to those with financial need. Virtua administers financial assistance under the provisions of the state of new jersey's charity care program, which limits assistance to individuals with incomes up to 300% of the federal poverty guidelines. Virtua has supplemented the state's program with the creation of its own charity assistance program, which extends assistance to individuals with incomes up to 500% of federal poverty guidelines. This has resulted in assistance being available to more of those in need throughout the community, with over 40.01% of total 2022 assistance being provided under the provisions of Virtua's program.virtua through its affiliated entities provides care to many individuals that receive assistance with the costs of their healthcare under a medical assistance program. The largest such program is medicaid, which is jointly funded by the federal and state of new jersey governments and is administered by the state. The program's reimbursement does not adequately cover the cost of the care provided. By absorbing the cost of care that is not reimbursed, Virtua is relieving the government of this burden. Services are provided on both an inpatient and outpatient basis, including in the emergency departments and in clinics.virtua through its affiliated entities provides a wide range of outpatient services at its family Health center and other programs in its camden facility, including comprehensive primary care and specialty services for infants, children, teens and adults. Additionally, Virtua subsidizes women's clinics for gynecological and obstetrical care, as well as behavioral Health and emergency services and by Virtua's mobile intensive care unit program. The costs associated with maintaining these services are in excess of reimbursements to Virtua.
Grants made by Virtua Health
Who funds Virtua Health
Grants from foundations and other nonprofits
Personnel at Virtua Health
Name | Title | Compensation | Date of data |
---|
Dennis W Pullin | President and Chief Executive Officer | $3,045,242 | 2023-11-13 |
John M. Matsinger | Executive Vice President | $1,410,413 | 2023-01-23 |
Robert Segin | Executive Vice President and Chief Financial Officer | $1,175,768 | 2023-01-23 |
Chrisie Scott | Senior Vice President and Chief Marketing Officer | | 2023-01-23 |
Jennifer Khelil | Chief Medical Officer | $620,472 | 2023-01-23 |
...and 23 more key personnel |
Financials for Virtua Health
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $21,851,108 | $7,274,156 | 200.4% |
Program services | $418,982,353 | $436,558,651 | -4% |
Investment income and dividends | $0 | $0 | - |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $134,240 | $352,714 | -61.9% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $7,666,235 | $5,196,493 | 47.5% |
Total revenues | $448,633,936 | $449,382,014 | -0.2% |
Organizations like Virtua Health
Organization | Type | Location | Revenue |
---|
WakeMed | 501(c)(3) | Raleigh, NC | $1,905,941,318 |
Lifespan Corporation | 501(c)(3) | Providence, RI | $285,097,737 |
Eastern Maine Healthcare Systems Northern Light Health (EMHS) | 501(c)(3) | Brewer, ME | $327,560,220 |
Marshfield Clinic Health System | 501(c)(3) | Marshfield, WI | $320,838,533 |
LifeBridge Health | 501(c)(3) | Baltimore, MD | $286,151,816 |
Reading Health System | 501(c)(3) | Reading, PA | $1,290,581,797 |
Southern Illinois Healthcare (SIH) | 501(c)(3) | Carbondale, IL | $710,354,566 |
Holy Cross Health | 501(c)(3) | Silver Spring, MD | $697,211,021 |
Billings Clinic | 501(c)(3) | Billings, MT | $1,036,628,661 |
Renown Health | 501(c)(3) | Reno, NV | $120,033,191 |
Data update history
January 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
HospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
Political advocacyLobbyingState / local levelReceives government fundingTax deductible donations
General information
- Address
- 406 Lippincott Dr J
- Marlton, NJ 08053
- Metro area
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Website URL
- virtua.org/Â
- Phone
- (888) 847-8823
- Facebook page
- VirtuaHealthÂ
- Twitter profile
- @virtuahealthÂ
IRS details
- EIN
- 22-3524939
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1997
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- E21: Community Health Systems
- NAICS code, primary
- 622: Hospitals
- Parent/child status
- Central organization
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