Genesis Health System

Organization Overview

Genesis Health System is located in Davenport, IA. The organization was established in 1994. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2020, Genesis Health System employed 4,710 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Genesis Health System generated $534.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $526.8m during the year ending 06/2020. While expenses have increased by 2.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Genesis Health System has awarded 69 individual grants totaling $11,866,764. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

GENESIS HEALTH SYSTEM (GHS IOWA) EXISTS TO PROVIDE COMPASSIONATE, QUALITY HEALTH SERVICES TO ALL THOSE IN NEED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GENESIS HEALTH SYSTEM (GHS IOWA) IS A HEALTH SYSTEM LOCATED IN EASTERN IOWA CONSISTING OF THREE HOSPITAL FACILITIES, TWO IN DAVENPORT AND ONE IN DEWITT, IOWA. GENESIS MEDICAL CENTER - DAVENPORT, CONTAINING 5002 LICENSED ACUTE CARE BEDS. STATISTICS INCLUDE 71,064 PATIENT DAYS AND 211,258 OUTPATIENT VISITS; GENESIS MEDICAL CENTER - DEWITT, CONTAINING 13 LICENSED ACUTE CARE AND SWING BEDS. STATISTICS INCLUDE 1,454 PATIENT DAYS AND 20,560 OUTPATIENT VISITS. GHS IOWA ALSO INCLUDES A FAMILY MEDICINE RESIDENCY PROGRAM THAT CONTINUES TO EDUCATE RESIDENTS IN THE HOSPITAL SETTING.


GENESIS HEALTH GROUP, A PHYSICIAN GROUP WITHIN GENESIS HEALTH SYSTEM (GHS IOWA), CONSISTS OF 41 CLINICS AND 184 PHYSICIANS ENCOMPASSING A WIDE VARIETY OF SPECIALTIES AND FAMILY PRACTICE GROUPS SERVING IOWA, ILLINOIS AND SURROUNDING COMMUNITIES IN EASTERN IOWA AND WESTERN ILLINOIS.


GENESIS AT HOME VNA & HOSPICE, A VISITING NURSE AND HOSPICE CARE PROGRAM WITHIN GENESIS HEALTH SYSTEM (GHS IOWA) ENCOMPASSES HOME HEALTH SERVICES (INCLUDING PHYSICAL THERAPY, OCCUPATIONAL/SPEECH THERAPY, SKILLED NURSING, MEDICAL SOCIAL WORKER VISITS), COMMUNITY HOSPICE SERVICES, AND THE CLARISSA C. COOK HOSPICE HOUSE LOCATED IN BETTENDORF, IOWA. STATISTICS INCLUDE 106,002 HOME HEALTH SERVICE UNITS AND 59,244 HOSPICE/HOSPICE HOUSE DAYS.


GENESIS ACCOUNTABLE CARE ORGANIZATION, LLC (GENESIS ACO) IS AN IOWA LIMITED LIABILITY COMPANY FORMED IN DECEMBER 2011. ITS PURPOSE IS TO ENGAGE IN LAWFUL BUSINESS RELATED TO THE CREATION AND ORGANIZATION OF A "PHYSICIAN-DRIVEN" NETWORK TO ACT AS, AND/OR PARTICIPATE IN, AN ACCOUNTABLE CARE ORGANIZATION WITHIN THE MEANING OF THE FEDERAL PATIENT PROTECTION AND AFFORDABLE CARE ACT. THE COMPANY IS ALSO ORGANIZED TO DEVELOP A CLINICALLY INTEGRATED NETWORK OF PROVIDERS INCLUDING PHYSICIANS, HEALTH PROFESSIONALS, HOSPITALS AND ANCILLARY PROVIDERS WORKING TOGETHER TO PROMOTE HIGH QUALITY, COORDINATED AND EFFICIENT CARE TO PATIENTS INCLUDING MEMBERS OF VARIOUS MANAGED CARE PAYORS AND THE COMMUNITY AT LARGE.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Crothall Healthcare Inc
Maintenance/enviromental Services
$6,182,773
Renovo Solutions Llc
Maintenance Management Services For Medical Equipment
$2,787,576
Cerner Corporation
Information Technology Services
$13,679,938
Apogee Medical Management Inc
Medical Professional Services
$2,570,087
H R Accounts Inc
Collection Services
$2,869,753
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,388,029
Government grants $12,852,867
All other contributions, gifts, grants, and similar amounts not included above$1,006,320
Noncash contributions included in lines 1a–1f $2,238
Total Revenue from Contributions, Gifts, Grants & Similar$15,247,216
Total Program Service Revenue$487,154,036
Investment income $6,916,317
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $25,069,636
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$99,044
Miscellaneous Revenue$0
Total Revenue $534,820,030

Grants Awarded

Over the last fiscal year, Genesis Health System has awarded $2,392,103 in support to 3 organizations.

Grant RecipientAmount

GENESIS HEALTH SYSTEM WORKER'S COMPENSATION & TRUST

Org PageRecipient Profile

Davenport, IA

PURPOSE: Claim payments

$1,377,453

GENESIS HEALTH SERVICES FOUNDATION

Org PageRecipient Profile

Davenport, IA

PURPOSE: Grant towards employee emergency assistance fund to employees cover costs due to COVID-19

$1,004,650

QUAD CITY SYMPHONY

PURPOSE: Sponsorships-Seasonal concerts

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Genesis Health System has recieved totaling $994,813.

Awarding OrganizationAmount
Genesis Health Services Foundation

Davenport, IA

PURPOSE: Payments towards Family Connects, Cancer Care, Residency, Homecare, diabetic education programs; and funds to support Hospice House and Social worker for cardiology patients.

$968,414
Dewitt Community Hospital Foundation

De Witt, IA

PURPOSE: SUPPORT HEALTHCARE

$26,399
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,498,706
Earnings$708,244
Admin Expense$88,872
Net Contributions$528,855
Grants$5,000
Ending Balance$16,641,933

Peer Organizations

Organization NameAssets
Presence Central And Suburban Hospitals Network
St Louis, MO
$798,952,140
Ssm Health Care Of Wisconsin Inc
St Louis, MO
$685,753,056
Genesis Health System
Davenport, IA
$534,820,030
Mercy Hospital Joplin
Joplin, MO
$224,274,083
Thedacare Inc
Appleton, WI
$398,205,794
St Vincent Health Inc
St Louis, MO
$244,991,987
Coxhealth
Springfield, MO
$196,417,581
Anderson Hospital
Maryville, IL
$198,892,452
Prohealth Care Medical Associates Inc
Waukesha, WI
$149,107,472
Rush Oak Park Hospital Inc
Oak Park, IL
$138,261,593
Cuyuna Regional Medical Center
Crosby, MN
$151,158,683
St Vincent Carmel Hospital Inc
St Louis, MO
$230,546,467

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