NonprofitsHospital Development Co

Hospital Development Co

SPENCER, WV

Total revenue

$66.9M

Total expenses

$66.3M

Net assets

$18.0M

Grants received

$79K

2 grants

EIN

550484469

Tax year

2023

Mission

To promote the general health and welfare of Roane County and surrounding areas and all of the citizens thereof by furthering all legitimate methods for the prevention and treatment of disease and the positive promotion of health, both personal and public, including but not limited to the operation of hospitals, nursing schools, nursing homes and medical research facilities; to foster and conduct education in medicine in all its branches and in those adjacent and kindred arts and sciences such as nursing and technical training which contribute to the diagnosis, treatment, care and prevention of disease.

Programs

3 programs

As a Critical Access Hospital, we provided health care services to our community which included the following days of care: Skilled/Intermediate Care Facility 12,341; Swing 1,709; Respite 64; and Acute Care 818.Additionally, we provided 47,925 outpatient diagnostic visits; 7,340 emergency room visits and 42,774 rural health clinic provider visits.Revenue and expenses related to these services are included above in box 4a.

The Hospital provided community health education and health screening service at reduced fees during the year including health fairs; diabetes education seminars and screenings, nutrition education classes; and sports physicials. The Hospital served a total of 7,949 community participants through its community health education and health screening programs.

Other programs provided include Cardiac Rehab, Laboratory Services, Emergency Room, Pharmacy, Radiology, CT Scan, Ultrasound, MRI, Nuclear Medicine, Physical Therapy, Operating Room and RHC's. Revenue and expenses related to these services are included above in box 4a.

Financials

FY 2023

Revenue

Contributions & grants$305K
Program service revenue$65.5M
Investment income$54K
Other revenue$989K
Total revenue$66.9M

Expenses

Grants paid
Salaries & benefits$29.5M
Fundraising
Other expenses$36.9M
Total expenses$66.3M
Total assets$51.9M
Net assets$18.0M

People

22 listed

NameRoleCompensation

Scott Duffy MD

Chief of Med Staff until Sept 2024

Board

$612K

40 hrs/wk

Doug Bentz

CEO/Ex Officio

Board

$408K

40 hrs/wk

Grant Parkins DO

Chief of Staff and Bd Member as of 9/2024

Board

$379K

40 hrs/wk

Amy W Downey CPA MPA

Chief Financial Officer

Board

$156K

40 hrs/wk

Annie Hedges

Board Member

Board

0.5 hrs/wk

Jack D Garrett II

Board President

Board

0.5 hrs/wk

William G Downey Jr

Board Vice President

Board

0.5 hrs/wk

G Jeanette Atkinson

Board Secretary

Board

0.5 hrs/wk

John A Varda

Board Treasurer

Board

0.5 hrs/wk

John H Taylor

Board Member

Board

0.5 hrs/wk

Paul Hughes

Board Member

Board

0.5 hrs/wk

Emily Westfall

Board Member

Board

0.5 hrs/wk

R Floyd Bowlby

Board Member

Board

0.5 hrs/wk

Robert E Zdanek

Board Member

Board

0.5 hrs/wk

Kevin M Gaughan

Board Member

Board

0.5 hrs/wk

Stephen Groves MD

Physician

Staff

$669K

40 hrs/wk

Brent Watson MD

Medical Director

Staff

$634K

40 hrs/wk

PHILLIP PRUSACK

Physician

Staff

$522K

40 hrs/wk

Hong-Kin Ng MD

Physician

Staff

$405K

40 hrs/wk

Richard Bowman MD

Physician

Staff

$379K

40 hrs/wk

Roselyne Knopf MD

Hospitalist

Staff

$354K

40 hrs/wk

Julie Carr MSN

Chief Clinical Officer

Staff

$178K

40 hrs/wk

Independent contractors

FirstSource Solutions

hospital billing and collection services

$2.0M

First Settlement Orthopaedics

Orthopaedic physicians

$796K

CPS Solutions LLC

pharmacy, physical therapy and supply ch

$634K

University Health Associates

nursing and health staffing

$399K

New Era Technology

Technology infrastructure and support

$335K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$66K
TO PROMOTE HEALTH AND WELLNESS
2024

Funded by

$79K from 2 funders · 2 grants · 2023–2024

Sisters Of St Joseph Charitable

$66K · 1 grant · 2024

Details

EIN550484469
Subsection03
Ruling date1966-09
Formed1966
Employees446
Volunteers30
HOSPITAL DEVELOPMENT CO — Mission, Financials & Grants Received | Grantivo