Lakeland Regional Health Systems Inc

Organization Overview

Lakeland Regional Health Systems Inc is located in Lakeland, FL. The organization was established in 1986. 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 09/2019, Lakeland Regional Health Systems Inc employed 832 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 09/2019, Lakeland Regional Health Systems Inc generated $70.1m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $120.9m during the year ending 09/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S STRATEGIC IMPERATIVE IS TO DEVELOP AS A NATIONALLY RECOGNIZED, FISCALLY STRONG AND GROWING COLLABORATIVE REGIONAL HEALTH SYSTEM THAT IMPROVES LIVES BY OFFERING SAFE, HIGH QUALITY, EQUITABLE AND AFFORDABLE HEALTHCARE, WHILE DEMONSTRATING AN EQUAL COMMITMENT TO THE PROMOTION OF INDIVIDUAL AND COMMUNITY HEALTH, WELLNESS AND DISEASE PREVENTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION'S STRATEGIC IMPERATIVE IS TO DEVELOP AS A NATIONALLY RECOGNIZED, FISCALLY STRONG AND GROWING COLLABORATIVE REGIONAL HEALTH SYSTEM THAT IMPROVES LIVES BY OFFERING SAFE, HIGH QUALITY, EQUITABLE AND AFFORDABLE HEALTHCARE, WHILE DEMONSTRATING AN EQUAL COMMITMENT TO THE PROMOTION OF INDIVIDUAL AND COMMUNITY HEALTH, WELLNESS AND DISEASE PREVENTION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Allscripts Healthcare Llc
Software Maintenance
$1,347,227
Watson Clinic Llp
Medical
$4,193,552
Frank Russell Company
Investment Fees
$1,983,634
Phoenix Properties Llp
Leases
$2,300,246
Hctec Llc
Contract Labor
$503,128
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $2,841,072
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $70,053,119

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lakeland Regional Health Systems Inc has recieved totaling $6,000.

Awarding OrganizationAmount
American Diabetes Association Inc

Arlington, VA

PURPOSE: Education and Development

$6,000
View Grant Recipient Profile

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