MedStar Health
5565 Sterrett Pl., fifth floor
Columbia, Md. 21044
www.medstarhealth.org Year founded: 1998 Industry: Health care Revenue: $2.25 Billion Net Income/Loss: ($29,800,000.00) Earnings per share: n/a Dividend: n/a Stockholder equity: n/a Auditor: n/a Stock: Assets: $1.94 Billion Market capitalization: n/a 52-week high: n/a 52-week low: n/a CEO: John P. McDaniel President and COO: Kenneth A. Samet Employees: 22000 Local employees: 12000 Description: MedStar Health, the 21st-largest nonprofit health system in the United States, operates 25 businesses, including seven hospitals in the Washington-Baltimore area with 2,700 beds and 4,600 affiliated physicians. The MedStar system includes the Washington Hospital Center, Georgetown University Hospital and National Rehabilitation Hospital in the District and four hospitals in Baltimore. Developments: The Washington Hospital Center named a new president, James F. Caldas, and signed a five-year, $10 million contract with the National Institutes of Health to establish a stroke research program at the hospital. Four MedStar hospitals were ranked among the best in the nation in the 2003 edition of America's Best Hospitals by U.S. News & World Report: Georgetown University, National Rehabilitation and Washington Hospital Center in the District, and Union Memorial Hospital in Baltimore. Georgetown became the first hospital in the District to be awarded "Magnet status" by the American Nurses Credentialing Center. The designation recognizes nursing excellence in areas such as leadership, education and patient care. The National Rehabilitation Hospital opened a 12-bed unit for pediatric patients, and it established a federally funded research and training center to examine secondary conditions experienced by patients with spinal cord injuries.
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