IRS Form 990 · EIN 36-2169179

Northwestern Memorial Healthcare

Chicago, IL 60611-3319 · Tax year 2020

NTEE E22Specialty HospitalOriginal filing PDF →

Mission

The primary objective of Palos is to provide high quality patient care that is responsive to the health care needs of the residents of southwestern Cook County and northeastern sections of Will County. Palos is committed to a continued review and analysis of the changing needs of the community it serves and to respond with services based upon those needs.

$435.2M
Total revenue
$465.2M
Total expenses
$-29.9M
Net income
-6.9%
Operating margin

Programs

Key program service accomplishments from Part III

Palos Hospital provides inpatient and outpatient health care services. The Hospital has 425 licensed beds and is located 22 miles from downtown Chicago serving the southwest suburbs. During fiscal year 2020, the Hospital provided more than 86,900 patient days and more than 163,000 outpatient visits to the community. Please visit PalosHealth.com for additional information regarding our services.

Financial summary

Total revenue
$435.2M
Contributions + grants
$41.1M
Program service revenue
$384.8M
Total expenses
$465.2M
Program expenses
Administrative expenses
Fundraising expenses
Net income
$-29.9M
Total assets
$668.1M
Total liabilities
$427.7M
Net assets
$240.4M

Community benefit (Schedule H)

Hospital-specific data — what the org reports to defend tax-exempt status

Charity care (at cost)
$3.5M
Unreimbursed Medicaid
$20.7M
Community health improvement
$561K