Heritage Valley Health System Inc

Organization Overview

Heritage Valley Health System Inc is located in Beaver, PA. The organization was established in 2001. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage Valley Health System Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Heritage Valley Health System Inc generated $30.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 58.4% each year . All expenses for the organization totaled $13.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORTING ORGANIZATION TO TAX-EXEMPT HOSPITALS (VALLEY MEDICAL FACILITIES, INC.) HELPING THE HOSPITALS TO FURTHER THEIR TAX-EXEMPT PURPOSES.

Describe the Organization's Program Activity:

HERITAGE VALLEY HEALTH SYSTEM, INC. FORMED THE HERITAGE VALLEY HEALTHCARE NETWORK, LLC. (HVHN)IN FY 2017. THE PURPOSE OF THE HVHN IS TO FORM A CLINICALLY INTEGRATED PHYSICIAN HOSPITAL NETWORK WITH JOINT CONTRACTING AUTHORITY TO DEVELOP CARE PROTOCOLS AND OTHER CARE COORDINATION POLICIES USING EVIDENCE-BASED MEDICINE AND OTHER TECHNIQUES TO PROVIDE A MORE COST-EFFECTIVE HEALTH CARE PRODUCT WHILE MAINTAINING OR IMPROVING PHYSICIAN REIMBURSEMENT, USING EXISTING EXPERIENCE AND SUCCESS OF AFFILIATED PRIMARY CARE PRACTICES AS A FOUNDATION FROM WHICH TO BUILD.


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Board, Officers & Key Employees

Name (title)Compensation
Norman F Mitry
President & CEO
$0
Lynn George PHD
Chair
$0
Scott M Elste
Vice-Chair
$0
Joan Marshall ESQ
Secretary
$0
Elisa Ditommaso CPA
Treasurer
$0
Sharon Loftus ESQ
Asst. Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dickie Mccamey & Chilcote
Legal Fees
$383,582
Cannon Cochran Mgmt Svcs Inc
Insurance Claims Management
$165,737
Weber Gallagher Simpson Stapleton Fires
Legal Fees
$242,046
Rulis & Bochicchio Llc
Legal Fees
$142,431
Marshall Dennehey Warner
Legal Fees
$194,417
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$13,785,410
Investment income $17,086,313
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $43,301
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,915,024

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Heritage Valley Health System Inc has recieved totaling $539,832.

Awarding OrganizationAmount
Pittsburgh Foundation

Pittsburgh, PA

PURPOSE: HEALTH GENERAL AND REHABILITATIVE

$539,832
View Grant Recipient Profile

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