Marion Regional Medical Center Inc is located in Tupelo, MS. The organization was established in 2000. 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 09/2021, Marion Regional Medical Center Inc employed 266 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marion Regional Medical Center Inc 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 09/2020, Marion Regional Medical Center Inc generated $23.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $28.0m during the year ending 09/2020. While expenses have increased by 1.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
MARION REGIONAL MEDICAL CENTER, INC. OPERATES A 49 BED ACUTE CARE HOSPITAL AND A 79 BED NURSING HOME LOCATED IN HAMILTON, ALABAMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NMMC-HAMILTON SERVES MARION COUNTY ALABAMA AND THE SURROUNDING AREA. IN FISCAL YEAR 2021, THERE WERE 494 INPATIENT ADMISSIONS, 6,714 EMERGENCY DEPARTMENT VISITS, 38,574 OUTPATIENT VISITS, 22,827 RURAL HEALTH CLINIC VISITS, AND 505 HOSPITAL BASED CLINIC VISITS. NMMC-HAMILTON USES PRESS GANEY, THE LARGEST PATIENT SATISFACTION SURVEY COMPANY IN THE NATION, THAT WORKS WITH MORE THAN 7,000 HEALTHCARE FACILITIES. RANDOMLY SELECTED PATIENTS ARE ASKED ABOUT THEIR EXPERIENCE WITH INPATIENT, OUTPATIENT, ER, AND LONG TERM CARE SERVICES. THE FOUR-BED INTENSIVE CARE UNIT OFFERS INVASIVE AND NON-INVASIVE MONITORING FOR MEDICAL AND SURGICAL PATIENTS. THE HOSPITAL ALSO HAS 10 CERTIFIED SWING BEDS FOR PATIENTS WHO NEED EXTENDED CARE. NMMC-HAMILTON OFFERS 24-HOUR EMERGENCY SERVICES. THE EMERGENCY ROOM IS STAFFED BY WELL-EQUIPPED, HIGHLY QUALIFIED NURSES AND PHYSICIANS. EMERGENCY AIR AMBULANCE SERVICES ARE READILY AVAILABLE FOR CRITICAL CARE TRANSPORT WHEN NEEDED. OUTPATIENT SERVICES INCLUDE SAME-DAY SURGERY, PHYSICAL THERAPY, SPEECH THERAPY, OCCUPATIONAL THERAPY, LABORATORY AND CARDIAC MONITORING. CARDIAC STRESS TESTS AND HOLTER MONITORING ARE ALSO OFFERED. NMMC-HAMILTON IS THE RECIPIENT OF THE VHA LEADERSHIP AWARD, HONORING THE HOSPITAL FOR MEETING OR EXCEEDING NATIONAL PERFORMANCE STANDARDS FOR CLINICAL CARE AND QUALITY. VHA SERVES MORE THAN 1,400 NOT-FOR-PROFIT HOSPITALS AND MORE THAN 24,000 NON-ACUTE HEALTH CARE ORGANIZATIONS NATIONWIDE. NMMC-HAMILTON WAS ONE OF ONLY 38 VHA MEMBER ORGANIZATIONS TO RECEIVE A 2009 LEADERSHIP AWARD FOR CLINICAL EXCELLENCE.
ONE OF THE PRIMARY WAYS NMMC-HAMILTON SERVES THE COMMUNITY IS BY PROVIDING CARE TO VARIOUS POPULATIONS FOR WHICH IT RECEIVES NO COMPENSATION OR RECEIVES COMPENSATION AT RATES SIGNIFICANTLY LESS THAN ESTABLISHED RATES. THE BOARD OF DIRECTORS OF NMMC-HAMILTON HAS ESTABLISHED A POLICY UNDER WHICH THE HOSPITAL PROVIDES CARE, WITHOUT CHARGE, TO NEEDY MEMBERS OF ITS COMMUNITY. THE FINANCIAL ASSISTANCE POLICY STATES THAT NMMC-HAMILTON WILL PROVIDE EMERGENCY AND MEDICALLY NECESSARY INPATIENT AND OUTPATIENT HOSPITAL SERVICES TO PATIENTS FREE OF CHARGE WITH HOUSEHOLD INCOME LEVELS AT OR BELOW 150% OF THE FEDERAL POVERTY LEVEL. THE POLICY APPLIES TO INDIVIDUALS WHO RESIDE IN MARION COUNTY. PATIENTS FROM OUTSIDE THE COUNTY MAY ALSO BE GRANTED CHARITY CARE BASED ON THE JUDGMENT OF NMMC-HAMILTON MANAGEMENT DEPENDING ON THEIR INDIVIDUAL CIRCUMSTANCES. THE POLICY ALSO REQUIRES THE PATIENT TO COOPERATE FULLY WITH NMMC-HAMILTON'S REQUEST FOR INFORMATION WITH WHICH TO VERIFY THE PATIENT'S ELIGIBILITY. FOLLOWING THAT POLICY, THE HOSPITAL MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF CHARITY CARE IT PROVIDES. THESE RECORDS INCLUDE THE AMOUNT OF CHARGES FORGONE FOR SERVICES AND SUPPLIES FURNISHED UNDER ITS CHARITY CARE POLICY. CHARGES FORGONE, BASED ON ESTABLISHED RATES, TOTALED APPROXIMATELY $1,568,507 IN FISCAL YEAR 2021. BASED ON THE GROSS CHARGES PROVIDED TO CHARITY PATIENTS COMPARED TO TOTAL HOSPITAL GROSS CHARGES, 6.35% OF ALL SERVICES IN FISCAL YEAR 2021 WERE PROVIDED ON A CHARITY BASIS. THE NET COST OF CHARITY CARE PROVIDED BY NMMC-HAMILTON WAS APPROXIMATELY $1,399,589 IN FISCAL YEAR 2021. THE TOTAL COST ESTIMATE IS BASED ON THE RATIO OF COSTS TO CHARGES FOR NMMC-HAMILTON. ALL OF THE FORGONE CHARGES MENTIONED ABOVE ARE NETTED AGAINST PATIENT SERVICE REVENUE TO ARRIVE AT NET PATIENT SERVICE REVENUE AS REFLECTED AS PROGRAM SERVICE REVENUE ON PART VIII ON FORM 990 IN ORDER TO BE CONSISTENT WITH FINANCIAL STATEMENT REPORTING AND ARE NOT REPORTED AS FUNCTIONAL EXPENSES ON THE TAX RETURN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cesar Romero Physician | 40 | $434,812 | |
Keri Merschman Physician | 40 | $306,672 | |
Mary Santiago Physician | 40 | $223,465 | |
Robert Trimm Administrator | Officer | 40 | $176,698 |
Leslie N Smothers Physician | 20 | $133,949 | |
Eric Tillotson Physician | 20 | $116,908 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Relias Emergency Medicine Emergency Services | 9/29/21 | $886,603 |
Mid South Rehab Serv Rehab | 9/29/21 | $717,874 |
Morrison Healthcare Food Mgmt Services | 9/29/21 | $353,325 |
Trilogy Healthcare Solutions Management Fees | 9/29/21 | $165,342 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,462,442 |
Investment income | $1,034 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $23,254 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $23,326,062 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,889,163 |
Pension plan accruals and contributions | $371,471 |
Other employee benefits | $1,487,031 |
Payroll taxes | $695,774 |
Fees for services: Management | $127,400 |
Fees for services: Legal | $28,677 |
Fees for services: Accounting | $27,475 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,732,207 |
Advertising and promotion | $21,788 |
Office expenses | $368,994 |
Information technology | $363,650 |
Royalties | $0 |
Occupancy | $474,915 |
Travel | $19,277 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $14,802 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $664,417 |
Insurance | $4,381,846 |
All other expenses | $0 |
Total functional expenses | $28,031,556 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $233,654 |
Savings and temporary cash investments | $779,182 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $806,300 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $297,203 |
Prepaid expenses and deferred charges | $82,684 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,068,815 |
Total assets | $7,146,945 |
Accounts payable and accrued expenses | $7,212,973 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $23,426,742 |
Total liabilities | $30,639,715 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | -$23,492,770 |
Over the last fiscal year, we have identified 1 grants that Marion Regional Medical Center Inc has recieved totaling $96,205.
Awarding Organization | Amount |
---|---|
Alabama Hospital Association Inc Montgomery, AL PURPOSE: HOSPITAL PREPAREDNESS GRANT | $96,205 |
Organization Name | Assets | Revenue |
---|---|---|
Leconte Medical Center Knoxville, TN | $91,240,969 | $144,185,798 |
Morristown Hamblen Hosp Knoxville, TN | $71,835,132 | $127,114,372 |
North Arkansas Regional Medical Center Harrison, AR | $103,662,052 | $107,685,242 |
Kings Daughters Medical Center Brookhaven, MS | $101,461,716 | $104,156,146 |
Cumberland Medical Center Inc Knoxville, TN | $90,595,447 | $102,035,662 |
Russell Hospital Corporation Alexander City, AL | $200,974,308 | $111,392,517 |
Baptist Memorial Hospital Union County Inc New Albany, MS | $42,538,210 | $93,451,151 |
Nmc Services Inc Springfield, TN | $98,763,260 | $80,174,862 |
Our Lady Of The Lake Ascension Community Hospital D/B/A St Elizabeth Hospital Gonzales, LA | $0 | $78,039,267 |
Arkansas Methodist Hospital Corporation Paragould, AR | $77,904,998 | $67,012,141 |
Arkansas Childrens Northwest Inc Little Rock, AR | $198,332,902 | $80,328,935 |
Sweetwater Hospital Association Sweetwater, TN | $100,982,739 | $59,985,704 |