Wellmont Health System

Organization Overview

Wellmont Health System, operating under the name Bristol Regional Medical Center, is located in Johnson City, TN. The organization was established in 1996. 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, Bristol Regional Medical Center employed 4,424 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bristol Regional 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 06/2020, Bristol Regional Medical Center generated $662.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $627.1m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Bristol Regional Medical Center has awarded 127 individual grants totaling $14,257,649. 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

MISSION: HONOR THOSE WE SERVE BY DELIVERING THE BEST POSSIBLE CARE.VISION: TO BUILD A LEGACY OF SUPERIOR HEALTH BY LISTENING TO AND CARING FOR THOSE WE SERVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
East Tennessee State University
Med Supp/gen Acad Svcs
$3,995,932
Bristol Anesthesia Services Pc
Anesthesiology Services
$4,231,005
Aya Healthcare Inc
Healthcare Staffing Svcs
$2,961,829
American Anesthesiology Of Tennessee Pc
Anesthesiology Services
$4,600,500
Trustaff Travel Nurses Llc
Healthcare Staffing Svcs
$1,327,001
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,527,702
Investment income $74,064
Tax Exempt Bond Proceeds $27,724
Royalties $0
Net Rental Income $2,468,050
Net Gain/Loss on Asset Sales $437,192
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $662,198,822

Grants Awarded

Over the last fiscal year, Wellmont Health System has awarded $11,025,395 in support to 13 organizations.

Grant RecipientAmount

EAST TN STATE UNIV FNDTN

Org PageRecipient Profile

Johnson City, TN

PURPOSE: Rural health research

$6,274,533

EAST TN STATE UNIVERSITY

PURPOSE: Center Nursing Excellence

$4,546,167

BIRTHPLACE OF COUNTRY MUSIC

Org PageRecipient Profile

Bristol, TN

PURPOSE: Event sponsorship

$55,000

KINGSPORT CHAMBER FNDTN

Org PageRecipient Profile

Kingsport, TN

PURPOSE: Sponsorship/Renovation Project

$30,250

BAYS MOUNTAIN PARK ASSOC

Org PageRecipient Profile

Kingsport, TN

PURPOSE: Annual gift contribution

$30,000

KPT CHAMBER FND GREENBELT

Org PageRecipient Profile

Kingsport, TN

PURPOSE: Event sponsorship

$15,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Wellmont Health System has recieved totaling $57,500.

Awarding OrganizationAmount
Tennessee Hospital Association

Brentwood, TN

PURPOSE: HEALTHCARE SUPPORT GRANT

$27,500
Tennessee Hospital Association

Brentwood, TN

PURPOSE: HEALTHCARE SUPPORT GRANT

$15,000
Tennessee Hospital Association

Brentwood, TN

PURPOSE: HEALTHCARE SUPPORT GRANT

$15,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Ssm Health Care Corporation
St Louis, MO
$1,033,534,741
Bjc Health System
St Louis, MO
$1,155,105,032
Appalachian Regional Healthcare Inc
Lexington, KY
$817,287,479
Memorial Health Care System Inc
Chattanooga, TN
$655,181,018
Wellmont Health System
Johnson City, TN
$662,198,822
Virginia Hospital Center Arlington Health System
Arlington, VA
$673,514,509
Owensboro Health Regional Hospital
Owensboro, KY
$709,904,993
Alexian Brothers Health System
St Louis, MO
$531,298,685
Floyd Healthcare Management Inc
Rome, GA
$501,302,033
Norton Healthcare Inc
Louisville, KY
$492,316,959
Carilion Services Inc
Roanoke, VA
$302,052,496
Gulf Health Hospitals Inc
Mobile, AL
$342,124,939

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