Hospital Development Co

Organization Overview

Hospital Development Co, operating under the name Roane General Hospital, is located in Spencer, WV. The organization was established in 1966. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Roane General Hospital employed 377 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roane General Hospital 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 09/2021, Roane General Hospital generated $52.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $49.3m during the year ending 09/2021. While expenses have increased by 7.2% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ROANE GENERAL HOSPITAL GENERATED GROSS REVENUE OF $101,074,643 OF WHICH $55,438,231 WAS UNCOLLECTIBLE DUE TO CONTRACTUAL AGREEMENTS WITH MEDICARE, MEDICAID AND OTHER THIRD-PARTY PAYORS. BAD DEBTS DUE TO INABILITY OR UNWILLINGNESS OF PATIENTS TO PAY AMOUNTED TO $2,588,520. ADDITIONALLY, CHARGES FOR PATIENTS MEETING 200% OF THE POVERTY LEVEL AND WHO QUALIFIED FOR CHARITY CARE WERE WRITTEN OFF TOTALING $600,700.


AS A CRITICAL ACCESS HOSPITAL WE PROVIDED HEALTH CARE SERVICES TO OUR COMMUNITY WHICH INCLUDED THE FOLLOWING DAYS OF CARE: SKILLED/INTERMEDIATE CARE FACILITY 11,629; SWING 1,913; RESPITE 54; AND ACUTE CARE 1,072.ADDITIONALLY, WE PROVIDED 49,051 OUTPATIENT DIAGNOSTIC VISITS; 5,952 EMERGENCY ROOM VISITS AND 33,611 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 SERVICES AT REDUCED FEES DURING THE YEAR INCLUDING HEALTH FAIRS; DIABETES EDUCATION SEMINARS AND SCREENINGS; AND SPORTS PHYSICALS. THE HOSPITAL SERVED A TOTAL OF 4,235 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.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Duffy MD
Member/chief Of Med Staff
$545,551
Richard Bowman MD
Physician
$511,759
Stephen Groves MD
Physician
$502,534
Brent Watson MD
Medical Director
$480,219
Christopher Lambert MD
Physician
$428,118
Doug Bentz
Ceo/ex Officio
$406,381

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Neighborgall Construction
Construction Services
$12,241,768
Odyssey Rehabilitation
Inpatient Rehabilitation Services
$512,546
New Era Technology
Technology Infrastructure And Support
$325,127
First Settlement Orthopaedics
Orthopaedic Physicians
$305,550
Pulmonary Associates Of Charleston
Pulmonary Physician Staffing
$270,480
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$330,748
Government grants $4,329,560
All other contributions, gifts, grants, and similar amounts not included above$86,358
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,746,666
Total Program Service Revenue$46,321,245
Investment income $121,096
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $141,390
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $52,048,469

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Hospital Development Co has recieved totaling $20,000.

Awarding OrganizationAmount
Sisters Of St Joseph Charitable Fund Inc

Parkersburg, WV

PURPOSE: TO PROMOTE HEALTH AND WELLNESS

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$244,870
Earnings$171
Ending Balance$245,041

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