Presbyterian Hospital

Organization Overview

Presbyterian Hospital, operating under the name Novant Health Presbyterian Medical Center, is located in Winston Salem, NC. The organization was established in 1956. 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 12/2021, Novant Health Presbyterian Medical Center employed 7,936 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Novant Health Presbyterian Medical Center 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 12/2021, Novant Health Presbyterian Medical Center generated $1.8b in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $1.5b during the year ending 12/2021. While expenses have increased by 7.9% per year over the past 7 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 2014, Novant Health Presbyterian Medical Center has awarded 343 individual grants totaling $16,183,706. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

THE PRESBYTERIAN HOSPITAL (TPH), PRESBYTERIAN HOSPITAL HUNTERSVILLE (PHH), CHARLOTTE ORTHOPEDIC HOSPITAL (COH) AND PROVIDER BASED PHYSICIAN PRACTICES EXIST TO PROMOTE THE HEALTH OF THE INHABITANTS OF THE CHARLOTTE-MECKLENBURG COUNTY AREA OF NC REGARDLESS OF THE PATIENT'S ABILITY TO PAY. DURING 2021, THE HOSPITALS HAD 777 LICENSED BEDS. THERE WERE 222,008 PATIENT DAYS, WITH AN AVERAGE LENGTH OF STAY OF 6 DAYS, AND AN AVERAGE DAILY CENSUS OF 497. THERE WERE 41,191 DISCHARGES, 42,693 INPATIENT AND OUTPATIENT SURGERIES, 601,730 OUTPATIENT ENCOUNTERS AND 112,654 EMERGENCY DEPARTMENT VISITS.


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Board, Officers & Key Employees

Name (title)Compensation
Fletcher Sidney MD
Cmo
$1,034,928
Ehtisham Saad
Pres Tph & Gcm/trustee
$984,319
Fauci Janelle
Obgyn Gyn Onc
$923,128
Schneider Kellie
Obgyn Gyn Onc
$893,949
Turk Peter
General Surgeon
$875,696
Zausner Skarbnik Alan
Oncologist
$855,258

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Morrison Healthcare
Food Management Services
$13,622,442
Trimedx Inc
Clinical Engineering Services
$9,270,163
Aya Healthcare Inc
Travel Nursing Services
$44,364,017
Laboratory Corporation Of America Holdin
Lab Services
$16,221,221
American Red Cross
Blood Processing
$6,180,523
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$4,570,636
Government grants $9,605,415
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$14,176,051
Total Program Service Revenue$1,789,820,021
Investment income $809,604
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,641,741
Net Gain/Loss on Asset Sales $2,439,384
Net Income from Fundraising Events $25,085
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $289,443
Miscellaneous Revenue$0
Total Revenue $1,815,365,290

Grants Awarded

Over the last fiscal year, Presbyterian Hospital has awarded $2,536,593 in support to 42 organizations.

Grant RecipientAmount

ONE CHARLOTTE HEALTH ALLIANCE

Org PageRecipient Profile

Charlotte, NC

PURPOSE: COMMUNITY OUTREACH

$476,593

CHARLOTTE COMMUNITY HEALTH CLINIC INC

Org PageRecipient Profile

Charlotte, NC

PURPOSE: COMMUNITY OUTREACH

$300,000

THE CHARLOTTE CHAMBER OF COMMERCE

Org PageRecipient Profile

Charlotte, NC

PURPOSE: COMMUNITY OUTREACH

$238,800

Charlotte, NC

PURPOSE: COMMUNITY OUTREACH

$200,000

FOUNDATION FOR THE CAROLINAS

Org PageRecipient Profile

Charlotte, NC

PURPOSE: COMMUNITY OUTREACH

$150,000

DISCOVERY PLACE INC

Org PageRecipient Profile

Charlotte, NC

PURPOSE: COMMUNITY OUTREACH

$143,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Presbyterian Hospital has recieved totaling $4,576,755.

Awarding OrganizationAmount
Presbyterian Hospital Foundation

Winston Salem, NC

PURPOSE: TO SUPPORT NH PRESBYTERIAN MEDICAL CENTER

$4,567,955
Public Health Institute

Oakland, CA

PURPOSE: Research

$8,800
View Grant Recipient Profile

Endowment Analysis

Peer Organizations

Organization NameAssets
First Health Of The Carolinas Inc
Pinehurst, NC
$986,400,718
Mary Washington Healthcare
Fredericksburg, VA
$863,388,863
Mountain States Health Alliance
Johnson City, TN
$805,201,599
Baptist Memorial Hospital
Memphis, TN
$770,663,628
Medical Center Of Central Georgia Inc
Macon, GA
$800,413,800
Mcleod Regional Medical Center Of The Pee Dee Inc
Florence, SC
$796,571,278
St Francis Hospital Inc
Greenville, SC
$752,202,599
Phoebe Putney Memorial Hospital Inc
Albany, GA
$712,342,689
Cobb Hospital
Marietta, GA
$857,038,951
Anmed Health
Anderson, SC
$728,404,682
Gaston Memorial Hospital Inc
Gastonia, NC
$665,062,443
University Health Services Inc
Augusta, GA
$598,292,806

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