Floyd Healthcare Management Inc

Organization Overview

Floyd Healthcare Management Inc is located in Rome, GA. The organization was established in 1992. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Floyd Healthcare Management Inc employed 4,003 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2021, Floyd Healthcare Management Inc generated $501.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $461.7m during the year ending 06/2021. While expenses have increased by 4.2% 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

OPERATE A NON-PROFIT HOSPITAL SYSTEM AND SUPPORT 501 (C)(3)ORGANIZATIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

FLOYD HEALTHCARE MANAGEMENT, INC. OPERATES FLOYD MEDICAL CENTER, A GENERAL ACUTE CARE HOSPITAL, AND FLOYD BEHAVIORAL HEALTH, A PSYCHIATRIC UNIT. FLOYD MEDICAL CENTER IS A 300+ BED GENERAL ACUTE-CARE HEALTH INSTITUTION, OFFERING A WIDE RANGE OF SPECIALIZED SERVICES AND PROGRAMS. SUCH SERVICES AND PROGRAMS INCLUDE: ACUTE, MEDICAL/SURGICAL CARE; AMBULANCE SERVICE; BLOOD BANK; CANCER CARE UNIT; CARDIOVASCULAR LABORATORY; CORONARY CARE UNIT; CHAPLAIN SERVICE; CHEMICAL DEPENDENCY UNIT; CRISIS INTERVENTION; CT SCANNER; DIABETES CARE UNIT; LITHOTRIPSY, MEDICAL/SURGICAL INTENSIVE CARE; MAGNETIC RESONANCE IMAGING; NEUROLOGY; LEVEL III NEWBORN NURSERY/NEONATAL INTENSIVE CARE UNIT; OB/GYN; ORTHOPEDIC SURGERY, OUTPATIENT SURGERY CENTER; PATIENT REPRESENTATIVES; PEDIATRIC CARE; PHARMACY; DIAGNOSTIC RADIOLOGY; A 24-HOUR EMERGENCY SERVICE; ENDOSCOPIC LABORATORY; FAMILY PRACTICE RESIDENCY PROGRAM; PRIMARY CARE PHYSICIAN NETWORK; HEALTH EDUCATION AND PROMOTION; HOSPITAL AUXILIARY; INDUSTRIAL MEDICINE PROGRAM; INPATIENT REHABILITATION UNIT; LAPAROSCOPIC CHOLECYSTECTOMY SURGERY; LASER SURGERY; PHYSICAL THERAPY; OCCUPATIONAL THERAPY; SPEECH THERAPY; POISON CONTROL CENTER; POST-OPERATIVE RECOVERY ROOM; PROGRESSIVE INTENSIVE CARE UNIT; RESPIRATORY CARE SERVICES; SOCIAL WORK SERVICES; ULTRASOUND; CONGESTIVE HEART FAILURE CLINIC; WOUND OSTOMY CLINIC; BREAST CENTER, MOBILE MAMMOGRAPHY. DURING FISCAL YEAR 2021, PATIENT DAYS (INCLUDING PSYCH AND REHAB) AT FLOYD MEDICAL CENTER TOTALED 81,259 AND DISCHARGES TOTALED 13,926. FLOYD MEDICAL CENTER PROVIDED APPROXIMATELY 51,339,000 IN DIRECT CHARITY AND INDIGENT CARE, AND IT INCURRED UNREIMBURSED MEDICARE AND MEDICAID ADJUSTMENTS OF 677,122,000 AND 239,648,000 RESPECTIVELY. A COPY OF THE REPORT TO THE COMMUNITY FOR FLOYD MEDICAL CENTER CAN BE FOUND AT WWW.FLOYD.ORG.


CHEROKEE MEDICAL CENTER (CMC) IS A 60-BED ACUTE CARE HOSPITAL LOCATED IN CENTRE, ALABAMA. CMC ALSO OPERATES THREE RURAL HEALTH CLINICS LOCATED IN CENTRE AND PIEDMONT, AL. CMC IS OPERATED BY FLOYD CHEROKEE MEDICAL CENTER, LLC (FCMC), AN ALABAMA LIMITED LIABILITY CORPORATION WHOSE SOLE MEMBER IS FHMI. DURING FISCAL YEAR 2021, CMC PROVIDED 4,345 PATIENT DAYS AND DISCHARGES TOTALED 880; THE RURAL HEALTH CLINICS HAD 18,842 VISITS. CMC PROVIDED APPROXIMATELY 202,000 IN DIRECT CHARITY AND INDIGENT CARE, AND IT INCURRED UNREIMBURSED MEDICARE AND MEDICAID ADJUSTMENTS OF 15,399,000 AND 12,532,000 RESPECTIVELY.


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Board, Officers & Key Employees

Name (title)Compensation
Kurt Stuenkel
Pres/secre/c
$929,491
Sheila Bennett
VP & Cno
$747,065
Warren Rigas
SVP COO
$700,062
Tommy Manning
Corporate Co
$590,408
Jeffery D Buda
Chf Informat
$514,028
Matthew Cornforth MD
Physician
$498,940

Outside Vendors & Contractors

Vendor Name (Service)Compensation
In Compass Health Inc
Hospitalist
$7,344,650
Cerner Corp
It Services
$5,635,296
Morrison Management Specialists
Dietary Svc
$5,566,677
Georgia Group Services Llc
Anesthesia
$4,911,459
Aramark Management Services
Housekeeping
$4,405,578
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$170,500
Government grants $23,630,024
All other contributions, gifts, grants, and similar amounts not included above$51,262
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$23,851,786
Total Program Service Revenue$468,914,670
Investment income $3,997,404
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $203,036
Net Gain/Loss on Asset Sales $2,853,045
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $170,376
Miscellaneous Revenue$0
Total Revenue $501,302,033

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Floyd Healthcare Management Inc has recieved totaling $90,846.

Awarding OrganizationAmount
$80,456
Reach Out And Read Inc

Boston, MA

PURPOSE: ENCOURAGE READING

$5,195
Reach Out And Read Inc

Boston, MA

PURPOSE: ENCOURAGE READING

$5,195
View Grant Recipient Profile

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