Novant Health Inc

Novant Health Inc Overview

Novant Health Inc is located in Winston Salem, NC. The organization was established in 1984. 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 12/2019, Novant Health Inc employed 5,793 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Novant Health Inc generated $1.0b in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $963.1m during the year ending 12/2019. While expenses have increased by 4.6% 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 2014, Novant Health Inc has awarded 68 individual grants totaling $5,941,429. 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

NOVANT HEALTH, INC. IS THE PARENT HOSPITAL ORGANIZATION OF A NOT-FOR-PROFIT INTEGRATED GROUP OF HOSPITALS, PHYSICIAN CLINICS, OUTPATIENT CENTERS, AND OTHER HEALTHCARE SERVICE PROVIDERS (COLLECTIVELY KNOWN AS "NOVANT HEALTH"). NOVANT HEALTH CONSISTS OF MORE THAN 1,600 PHYSICIANS AND OVER 29,000 EMPLOYEES WHO MAKE HEALTHCARE REMARKABLE AT NEARLY 700 LOCATIONS, INCLUDING 15 MEDICAL CENTERS AND HUNDREDS OF OUTPATIENT FACILITIES AND PHYSICIAN CLINICS. HEADQUARTERED IN WINSTON-SALEM, NC, NOVANT HEALTH IS COMMITTED TO MAKING HEALTHCARE REMARKABLE FOR PATIENTS AND COMMUNITIES.


BRUNSWICK COMMUNITY HOSPITAL, LLC (BCH) DBA NOVANT HEALTH BRUNSWICK MEDICAL CENTER, AND NOVANT HEALTH MINT HILL MEDICAL CENTER, LLC (MHMC) DBA NOVANT HEALTH MINT HILL MEDICAL CENTER EXIST TO PROMOTE THE HEALTH OF THE INHABITANTS OF THE BRUNSWICK AND MECKLENBURG COUNTIES OF NC RESPECTIVELY, REGARDLESS OF THE PATIENT'S ABILITY TO PAY. DURING 2019, THE HOSPITALS HAD 110 LICENSED BEDS. THERE WERE 22,467 PATIENT DAYS, WITH AN AVERAGE LENGTH OF STAY OF 3 DAYS, AND AN AVERAGE DAILY CENSUS OF 41. THERE WERE 6,768 DISCHARGES, 121,764 INPATIENT AND OUTPATIENT ENCOUNTERS, AND 55,535 EMERGENCY DEPARTMENT VISITS.


THE HOLDING COMPANY FOR NOVANT'S AMBULATORY SERVICES, PRESBYTERIAN AMBULATORY HOLDINGS, LLC, IS A SINGLE MEMBER LLC HELD BY NOVANT HEALTH SOUTHERN PIEDMONT REGION, LLC, A SINGLE MEMBER LLC IN WHICH NOVANT HEALTH IS THE SOLE MEMBER. THE AMBULATORY CENTERS' OPERATIONS SERVE THE COMMUNITY BY PROVIDING ACCESS TO MUCH NEEDED HEALTHCARE SERVICES, REGARDLESS OF THE PATIENT'S ABILITY TO PAY. DURING 2019, THERE WERE 77,671 OUTPATIENT ENCOUNTERS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Novant Health Inc Board, Officers & Key Employees

Name (title)Compensation
Armato Carl
Pres & CEO Nh / Trustee
$4,062,082
Hargett Fred
Evp & CFO
$2,221,521
Lindsay Jeffery
Evp
$2,114,621
Mihal Denise
Evp - Cno/clin Ops
$1,694,262
Eskioglu Eric
SVP
$1,486,640
Cureton Jesse
Evp
$1,456,276

Novant Health Inc Vendors

Vendor Name (Service)Compensation
Vannoy Construction
Construction Services
$80,492,235
Crothall Health Care Inc
Facility Services
$29,841,248
Epic Systems Corporation
It Consulting
$7,892,379
Morrison Healthcare
Food Management Services
$6,791,713
Mymove Llc
Marketing Services
$6,194,005
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$709,070
Government grants $267,010
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$976,080
Total Program Service Revenue$845,093,935
Investment income $60,667,707
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $5,352,260
Net Gain/Loss on Asset Sales $80,269,072
Net Income from Fundraising Events $27,812
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $16,476
Miscellaneous Revenue$0
Total Revenue $1,019,396,293

Novant Health Inc Grants Awarded

Over the last fiscal year, Novant Health Inc has awarded $1,921,996 in support to 20 organizations.

Grant RecipientAmount

ROWAN REGIONAL MEDICAL CENTER FOUNDATION INC

Org PageRecipient Profile

Winston Salem, NC

PURPOSE: COMMUNITY OUTREACH

$1,055,646

WINSTON-SALEM FOUNDATION

Org PageRecipient Profile

Winstonsalem, NC

PURPOSE: COMMUNITY OUTREACH

$440,000

RENAISSANCE WEST COMMUNITY INITIATIVE

Org PageRecipient Profile

Charlotte, NC

PURPOSE: COMMUNITY OUTREACH

$125,000

AFRICAN AMERICAN MALE WELLNESS WALK

Org PageRecipient Profile

Columbus, OH

PURPOSE: COMMUNITY OUTREACH

$50,000

AMERICAN HEART ASSOCIATION INC

Org PageRecipient Profile

Dallas, TX

PURPOSE: COMMUNITY OUTREACH

$41,480

ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA INC

Org PageRecipient Profile

Raleigh, NC

PURPOSE: COMMUNITY OUTREACH

$40,000
View Grant Profile

Novant Health Inc Grants Recieved

Over the last fiscal year, we have identified 6 grants that Novant Health Inc has recieved totaling $769,926.

Awarding OrganizationAmount
Forsyth Medical Center Foundation

Winston Salem, NC

PURPOSE: TO SUPPORT CARE CONNECTIONS PHARMACY AND OTHER VARIOUS PROGRAMS

$582,372
Presbyterian Hospital Foundation

Winston Salem, NC

PURPOSE: TO SUPPORT NH MINT HILL MEDICAL CENTER

$126,698
Committee Of 100 Inc

New York, NY

PURPOSE: COVID 19 SUPPORT

$43,256
Lung Cancer Initiative

Raleigh, NC

PURPOSE: LUNG CANCER RESEARCH

$10,000
Peninsula Community Foundation

Cornelius, NC

PURPOSE: COMMUNITY HEALTH

$7,500
The Topfer Family Foundation

Austin, TX

PURPOSE: TO SUPPORT GENERAL OPERATING EXPENSES

$100
View Grant Recipient Profile

Novant Health Inc Peer Organizations

Organization NameAssets
Piedmont Hospital Incorporated
Atlanta, GA
$1,110,027,803
Novant Health Inc
Winston Salem, NC
$1,019,396,293
First Health Of The Carolinas Inc
Pinehurst, NC
$863,866,293
Medical Center Of Central Georgia Inc
Macon, GA
$832,091,905
Mountain States Health Alliance
Johnson City, TN
$805,201,599
Baptist Memorial Hospital
Memphis, TN
$770,663,628
Mary Washington Healthcare
Fredericksburg, VA
$734,167,988
Mcleod Regional Medical Center Of The Pee Dee Inc
Florence, SC
$784,112,194
Cobb Hospital
Marietta, GA
$772,795,328
Anmed Health
Anderson, SC
$617,480,348
St Francis Hospital Inc
Greenville, SC
$652,974,792
Phoebe Putney Memorial Hospital Inc
Albany, GA
$582,911,494

Create an account to unlock the data you need.

or