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ALBANY MEDICAL CENTER GROUP ORGANIZATION

ALBANY, NY · EIN 473869194 · Form 990 · FY2024 · Very Large (>$50M) · albanymed.org
revenue
$3.3B
expenses
$3.2B
net assets
$1.4B
employees
19,199
volunteers
831
program ratio
87%
profile · synthesized from sources

Albany Medical Center Group Organization is a major academic medical center and clinical practice serving northeastern New York and western New England. It provides comprehensive patient care through its network of hospitals and outpatient facilities, including Saratoga Hospital and Columbia Memorial Health. The organization delivers advanced surgical, diagnostic, and specialty services while supporting medical education and community health initiatives.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $437.99M
    FACULTY PRACTICE - FACULTY PRACTICE ALBANY MEDICAL CENTER OPERATES A CLINICAL PRACTICE ACTIVITY (PATIENT CARE) FOR THE FACULTY OF THE ALBANY MEDICAL COLLEGE. 2024 EXPERIENCED OVER 712,000 PATIENT VISITS.
  2. #2 $351.93M
    DIAGNOSTIC AND TESTING SERVICES - INPATIENT AND OUTPATIENT SERVICES INCLUDING DIAGNOSTIC IMAGING, RADIATION THERAPY AND CARDIAC CATHETERIZATION. IN 2024 PROFESSIONAL SERVICES TOTALED 218,648 PATIENT VISITS.
named programs · 5 · from sources

What they call their work

Bariatric Surgery & Weight Loss Program
Comprehensive weight-loss services personalized for each patient, led by Dr. Dmitri Baranov at Saratoga Hospital
Center for Breast Care
Provides prevention, diagnosis, and treatment of breast disease with specialized care and support services at Wilton Medical Arts
Diagnostic and Testing Services
Inpatient and outpatient services including diagnostic imaging, radiation therapy, and cardiac catheterization, totaling over 218,000 patient visits in 2024
Faculty Practice
Clinical practice activity providing patient care services through faculty of Albany Medical College, with over 712,000 patient visits in 2024
Primary Stroke Centers
Designated stroke care centers at Saratoga Hospital and Columbia Memorial Health providing specialized emergency and follow-up care
activities · 10 groups

What they do

  • Outpatient and Emergency Care Services 3 activities
    • Delivers comprehensive patient care through a large-scale clinical practice
      Provides medical and surgical services via the faculty clinical practice of Albany Medical College, recording over 700,000 patient visits annually from 2021 to 2024, including inpatient, outpatient, and emergency care across northeastern New York.
    • Provides diagnostic and testing services including imaging and cardiac care
      Offers diagnostic and testing services such as medical imaging, radiation therapy, and cardiac catheterization, with over 218,000 patient visits in 2024 and consistent annual volumes across inpatient, outpatient, and emergency settings.
    • Provides emergency and urgent care services at multiple locations
      Operates Malta Med as a 24/7/365 emergent care facility and offers urgent care services at Wilton Medical Arts with integrated medical imaging and lab services; provides emergency treatment for outdoor-related injuries in the Adirondacks.
  • Advanced Surgical and Cardiac Care 2 activities
    • Offers advanced surgical and minimally invasive procedures
      Delivers advanced surgical care using robotic systems like da Vinci Xi and minimally invasive techniques, including bariatric surgery and weight loss programs, enabling safer procedures with faster recovery.
    • Provides cardiology and stroke care services
      Delivers cardiology services using advanced diagnostics and specialist physicians; designated as a Primary Stroke Center, offering specialized stroke care at multiple locations.
  • Healthcare Professional Recognition Programs 1 activity
    • Awards major prize for achievements in medicine and biomedical research
      Administers The Albany Prize, one of the largest awards in the United States recognizing outstanding contributions to medicine and biomedical research.
  • Neurological Disorder Research & Rehabilitation 1 activity
    • Conducts biomedical and clinical research
      Carries out research on menopause involving neuroscience and OBGYN teams, investigates testosterone therapy’s effects on cerebrovascular and brain health in mouse models of Alzheimer’s disease, and conducts systematic reviews of clinical data on testosterone therapy in women.
  • Home Care Services for Elderly and Disabled 1 activity
    • Delivers home care and personal care services
      Provides skilled nursing and personal care services in patients' homes, including wound care, diabetes management, rehabilitation, assistance with daily living, and companionship.
  • Diagnostic Testing and Imaging Services 1 activity
    • Offers laboratory and blood draw services in community locations
      Provides blood draw services including blood work, glucose and cholesterol screening, and microbiology testing at multiple sites in Saratoga County.
  • Comprehensive Primary and Specialty Care Networks 1 activity
    • Operates specialized care centers and regional health facilities
      Runs specialized centers including the C.R. Wood Cancer Center, Joyce Stock Snuggery Childbirth Center, Wound Healing Center, and a breast center offering 3D mammography and biopsies; operates more than 20 regional facilities and serves patients across five counties in a 6,000-square-mile area, including remote Adirondack communities.
  • Patient Portal and Digital Health Access 1 activity
    • Provides digital health tools for patient access and triage
      Offers a chat-based online symptom checker to guide patients to appropriate care and provides access to the MyChart patient portal for managing care and billing.
  • Medical Professional Education & Training 1 activity
    • Trains future healthcare professionals through academic programs
      Trains doctors, scientists, and healthcare professionals through Albany Medical College, including hosting the White Coat Ceremony for incoming medical students—such as the class of 2030—and maintaining a biomedical research enterprise.
  • Uncategorized 3 activities
    • Offers new and advanced treatments for bladder cancer
      Provides a minimally invasive, state-of-the-art treatment for bladder cancer using the FDA-approved INLEXZO implantable device, which releases chemotherapy into the bladder over three weeks.
    • Supports temporary staffing within the health system
      Provides short-term contract staffing for nurses and allied health professionals to support four hospitals within the Albany Med Health System.
    • Trains clinical staff in specialized medical procedures
      Provides training for urologic surgeons and nurse practitioners in the insertion and removal of the FDA-approved INLEXZO implantable device for bladder cancer treatment.
financials · form 990 · fy2024
revenue
Total revenue$3.28B
Contributions & grants$62.72M2%
Program service revenue$2.86B87%
Investment income$110.38M3%
Other revenue$245.12M
expenses
Total expenses$3.23B
Program expenses87%
Admin / overhead13%
Fundraising0%
Salaries & benefits$1.66B
Grants paid out$18.57M
Largest expense lineCompensation
balance sheet
Total assets$2.74B
Cash$538.88M
Investments$558.50M
Liabilities$1.36B
Net assets$1.38B
Liquid reserves4.1 mo
5 years on record · 2020–2024 · YoY revenue +7.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 25
NameTitleHours/wkCompensation
DENNIS P MCKENNA MD PRES/CEO(AMCH),BD MEM(AMCH,AMCF,COL,CMH,GFH,SH) 50 $2.50M
ANDREW J ROSENBAUM ASSOC PROFESSOR/CLIN (COL) 40 $1.62M
ALAN S BOULOS MD EVP & DEAN ALB MED COL (COL) 39 $1.54M
FRANCES SPREER ALBERT SR EVP, COO & CFO(AMHS), BD MEM(AVN,VNA,VNF) 34 $1.43M
THOMAS FABIAN PROFESSOR/CLIN (COL) 40 $1.34M
ERNEST CHISENA ASSOC PROFESSOR/CLIN (COL) 40 $1.29M
GORDON KUHAR MD PHYSICIAN (SH) 38 $1.15M
DARRYL J DIRISIO DEPARTMENT CHAIR (COL) 40 $1.15M
PAUL SCIMECA PRESIDENT & CEO (GFH) 40 $970K
JILL J VANKUREN PRES/CEO (SH,SCI), VP, VICE CHAIR (SH) 38 $864K
JASON MOUZAKES MD EVP HOSP GEN DIRECTOR (AMCH) 39 $794K
KMARIE KING BOARD MEMBER (CDT) 42 $782K
RAUF SHAHBAZOV BOARD MEMBER (CDT AS OF 4/15/24) 2 $726K
CHRISTOPHER MASON DO BOARD MEMBER (GFH) 40 $709K
SEAN M KENNEDY DO VP, PHYSICIAN NETWORK (GFH) 40 $684K
MITCHELL AMADO SENIOR VP & CFO (GFH) 40 $614K
LOUIS A DIGIOVANNI BOARD MEMBER (CMHF) 40 $613K
DOROTHY URSCHEL CEO (CMH), PRESIDENT (KCI) 40 $586K
PATRICIA GAVIS VP & CFO (SH, SCI), TREASURER (HS) 40 $533K
ROBERT DONNARUMMA MD PRES (SRMPC), VP MED AFFAIRS & CMO (SH) 40 $523K
J ROBERT HAYES MD VP, CLINICAL OPS (SH) 40 $490K
JOHN A DEPAOLA DIRECTOR (HS) 42 $470K
KEVIN ZENG BOARD MEMBER (VNA, VNF, AVN 3/7/24) 3 $448K
MICHELE K SKUMURSKI BOARD MEMBER (KIDS, HS) 4 $428K
SCARLET CLEMENT-BUFFOLINE EXEC DIR & SECRETARY (SRMPC), VP OPS (SH), BRD MEM 38 $412K
relationships · 20

Who they work with

  • Albany Med Health System Network — Albany Medical Center is part of the Albany Med Health System, a network of healthcare providers and facilities.
  • Albany Med Health System Network — Columbia Memorial Health is a member of the Albany Med Health System, collaborating on clinical services including cardiology and breast health.
  • Albany Med Health System Network — Glens Falls Hospital is a member of the Albany Med Health System.
  • Albany Med Health System Partner — Albany Medical Center serves as the anchor institution of the Albany Med Health System.
  • Albany Medical Center Government — Part of the Albany Med Health System, receiving staffing and clinical integration support
  • Albany Medical Center Partner — Partners with Saratoga Hospital on the Family Medicine Residency Program to deliver clinical training across hospital and ambulatory medicine.
  • Albany Medical College Network — Academic affiliate within the Albany Med Health System where medical education and research occur.
  • Albany Medical College Partner — Albany Medical Center is affiliated with Albany Medical College, which provides medical education and conducts biomedical research.
  • American Heart Association Funder — Provided an Innovative Project Award to support research on testosterone therapy and menopausal neurovascular aging.
  • Columbia Memorial Health Government — Part of the Albany Med Health System, receiving staffing and clinical integration support
  • Columbia Memorial Health Partner — Hospital partner within the Albany Med Health System offering coordinated volunteer opportunities.
  • Glens Falls Hospital Government — Part of the Albany Med Health System, receiving staffing and clinical integration support
  • Glens Falls Hospital Partner — Hospital partner within the Albany Med Health System offering coordinated volunteer opportunities.
  • Hudson Headwaters Health Network Partner — Collaborates with Saratoga Hospital on the Family Medicine Residency Program to train residents in community and rural health settings.
  • INLEXZO Partner — Provides the implantable device used for bladder cancer treatment at Albany Medical Center.
  • Rensselaer Polytechnic Institute Partner — Partner institution in a joint degree program feeding into Albany Medical College.
  • Saratoga Hospital Government — Part of the Albany Med Health System, receiving staffing and clinical integration support
  • Saratoga Hospital Partner — Hospital partner within the Albany Med Health System offering coordinated volunteer opportunities.
  • Siena College Partner — Partner institution in a joint degree program feeding into Albany Medical College.
  • Union College Partner — Partner institution in a joint degree program feeding into Albany Medical College.
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Academic Medical Center Model
    methodology: academic_medical_center_model
    By integrating patient care, medical education, and biomedical research, the organization ensures regional access to cutting-edge medical innovations and improves health outcomes because advances in science are rapidly translated into clinical practice.
  • Community-Oriented Medical Training
    methodology: community_oriented_medical_training
    By training family medicine residents through a public health-focused curriculum that includes behavioral health, addiction treatment, and rural health, the organization produces physicians better equipped to serve community needs because training context shapes clinical priorities and practice patterns.
  • Home-Based Care Delivery
    methodology: home-based-care
    By delivering skilled nursing and personal care directly in patients’ homes, the organization supports recovery and chronic disease management because home-based care reduces barriers to access, increases patient comfort, and enables continuity in familiar environments.
  • Interdisciplinary Research Collaboration
    methodology: interdisciplinary_research
    By combining neuroscience and obstetrics/gynecology expertise, the organization advances understanding of menopause and women’s health because interdisciplinary collaboration generates more comprehensive insights than siloed specialties.
  • Translational Research Integration
    methodology: translational_research_integration
    By bridging endocrine biology, vascular pathology, and Alzheimer’s disease research, the organization addresses critical gaps in women’s brain health because integrating diverse scientific domains enables discovery of systemic connections that single-discipline research might miss.