Viera Hospital Inc is located in Rockledge, FL. The organization was established in 2009. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Viera Hospital 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 09/2021, Viera Hospital Inc generated $158.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $122.0m during the year ending 09/2021. While expenses have increased by 5.5% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR TEAM IMPROVING THE WELLNESS AND HEALTH OF YOU AND YOUR FAMILY THROUGH EXCELLENT AND COMPASSIONATE HEALTH CARE.
Describe the Organization's Program Activity:
HEALTH FIRST'S VIERA HOSPITAL (VH) OPENED IN APRIL OF 2011 AND RECENTLY CELEBRATED THE 10-YEAR ANNIVERSARY OF ITS 20-BED INTENSIVE CARE UNIT, AND FULL MEDICAL AND SURGICAL CAPABILITIES. THE HOSPITAL HAS 84 ALL-PRIVATE PATIENT ROOMS, INPATIENT DIAGNOSTIC LAB SERVICES AND VITALWATCH EICU WHICH COMBINES TELEMEDICINE, SOFTWARE AND 24/7 ELECTRONIC MONITORING TECHNOLOGY. WITH OVER 240 PHYSICIANS IN MORE THAN 30 SPECIALTIES, VH OFFERS DA VINCI ROBOTIC SURGERY AND HAS BEEN RECOGNIZED AS A UROGYNECOLOGY CENTER OF EXCELLENCE IN CONTINENCE CARE FOR WOMEN AND AS AN ACCREDITED COMPREHENSIVE CENTER METABOLIC AND BARIATRIC SURGERY AND QUALITY IMPROVEMENT PROGRAM. VIERA HOSPITAL HAS ALSO RECEIVED PRIMARY STROKE CERTIFICATION FROM THE JOINT COMMISSION.THE HOSPITAL IS HURRICANE HARDENED CONSTRUCTION WITH STATE-OF-THE-ART TECHNOLOGIES FEATURED THROUGHOUT THE FACILITY. INNOVATIVE TECHNOLOGY IS EVIDENT THROUGHOUT THE HOSPITAL INCLUDING THE VERY LATEST IN ELECTRONIC MEDICAL RECORDS (EMR) - MEANING NO MORE PAPER RECORDS.VH IS THE CORNERSTONE OF THE VIERA HEALTH PARK CAMPUS WHICH INCLUDES TWO OTHER INTEGRATED HEALTHCARE FACILITIES WITHIN WALKING DISTANCE OF ONE ANOTHER, THE VIERA MEDICAL PLAZA, WHICH INCLUDE A HEALTH FIRST DIAGNOSTIC CENTER (OUTPATIENT TESTING) AND HEALTH FIRST CANCER INSTITUTE LOCATIONS, AND HEALTH FIRST'S PRO-HEALTH & FITNESS CENTER. THE COVID-19 PANDEMIC PROVIDED MANY CHALLENGES TO THE HEALTHCARE INDUSTRY AND VH PIVOTED QUICKLY TO MEET THE NEEDS OF CARING FOR OUR COMMUNITY. NEGATIVE-PRESSURE ROOMS WERE STOOD UP TO PROVIDE A PROPER CARE ENVIRONMENT FOR PATIENTS. EACH OF THE HEALTH FIRST FACILITIES, INCLUDING VH, ADHERED TO CENTERS FOR DISEASE CONTROL AND PREVENTION (CDC) GUIDELINES FOR COVID-19 PRECAUTIONS LIKE SOCIAL-DISTANCING, MASKING, PROPER SANITIZATION, AND ENSURING SAFE ENVIRONMENTS FOR PATIENTS, VISITORS AND ASSOCIATES. FACE MASKS WERE PROVIDED TO THOSE WHO DID NOT HAVE ONE. ALSO, INCREASED ACCESS TO HAND SANITIZING STATIONS WERE PROVIDED THROUGHOUT THE HOSPITAL.VH PROVIDES QUALITY MEDICAL HEALTHCARE REGARDLESS OF RACE, CREED, GENDER, NATIONAL ORIGIN, HANDICAP, AGE OR ABILITY TO PAY, ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF VH.IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES AND FURTHER, THAT OUR MISSION IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTHCARE SERVICES AND HEALTHCARE EDUCATION.IN KEEPING WITH THE HOSPITAL'S COMMITMENT, TO SERVE ALL MEMBERS OF ITS COMMUNITY:(1) FREE CARE AND/OR SUBSIDIZED CARE IS PROVIDED WHERE THE NEED AND/ORINABILITY TO PAY EXISTS AS DETERMINED BY HEALTH FIRST'S FINANCIAL ASSISTANCE POLICY.(2) CARE IS PROVIDED AT BELOW COST TO PERSONS COVERED BY GOVERNMENTALPROGRAMS SUCH AS MEDICARE AND MEDICAID. (3) FREE WELLNESS AND HEALTH ACTIVITIES AND PROGRAMS ARE PROVIDED TO THE COMMUNITY. THESE ACTIVITIES INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, SPECIAL PROGRAMS FOR ELDERLY, HANDICAPPED, ANDMENTALLY UNDERSERVED ALONG WITH A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES.AS A NOT-FOR-PROFIT HOSPITAL, VH IS SUPPORTED IN PART BY CONTRIBUTIONS TO THE HEALTH FIRST FOUNDATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven P Johnson President/ceo Hfi | OfficerTrustee | 2 | $0 |
Taylor K Smith Chair | OfficerTrustee | 1 | $0 |
Brett A Esrock President/ceo Hfi Hosp. Services | OfficerTrustee | 2 | $0 |
Dana S Kilborne Treasurer | OfficerTrustee | 1 | $0 |
Robert K Henry Secretary | OfficerTrustee | 1 | $0 |
James C Shaw Vice Chair | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $2,792 |
Government grants | $1,596,995 |
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 | $1,599,787 |
Total Program Service Revenue | $156,980,837 |
Investment income | $0 |
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 | $158,671,950 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $110,593 |
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. | $2,459,060 |
Compensation of current officers, directors, key employees. | $2,459,060 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $38,603,624 |
Pension plan accruals and contributions | $669,390 |
Other employee benefits | $8,444,112 |
Payroll taxes | $2,865,160 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $44,082 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,784,486 |
Advertising and promotion | $118,686 |
Office expenses | $1,693,305 |
Information technology | $3,322,239 |
Royalties | $0 |
Occupancy | $3,679,036 |
Travel | $23,886 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,369 |
Interest | $4,065,168 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,317,192 |
Insurance | $737,262 |
All other expenses | $4,610,882 |
Total functional expenses | $122,021,267 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $143,407,944 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $15,051,643 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $4,093,132 |
Prepaid expenses and deferred charges | $476,896 |
Net Land, buildings, and equipment | $92,858,550 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $8,106 |
Intangible assets | $0 |
Other assets | $40,520,793 |
Total assets | $296,417,064 |
Accounts payable and accrued expenses | $7,338,646 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $85,209,491 |
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 | $69,969,023 |
Total liabilities | $162,517,160 |
Net assets without donor restrictions | $133,891,798 |
Net assets with donor restrictions | $8,106 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $296,417,064 |
Over the last fiscal year, Viera Hospital Inc has awarded $59,700 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
SCHOOL BOARD OF BREVARD COUNTY PURPOSE: General Support - Thrive by Five | $16,750 |
Melbourne, FL PURPOSE: General Support - Assisting Victims | $13,875 |
Melbourne, FL PURPOSE: General Support - META Healthcare Training Program | $7,575 |
Orlando, FL PURPOSE: General Support - Health Lifestyles Program and SMART Moves | $6,500 |
Cocoa, FL PURPOSE: General Support - Hunger Project | $5,000 |
West Melbourne, FL PURPOSE: General Support - Fitness Activities, Health Metric Improvement and Nutrition | $5,000 |
Over the last fiscal year, we have identified 1 grants that Viera Hospital Inc has recieved totaling $8,105.
Awarding Organization | Amount |
---|---|
Health First Foundation Inc Rockledge, FL PURPOSE: Special Projects and Patient Care | $8,105 |
Organization Name | Assets | Revenue |
---|---|---|
Memorial Health Systems Inc Daytona Beach, FL | $611,778,295 | $526,048,604 |
Tanner Medical Center Inc Carrollton, GA | $1,025,880,697 | $412,043,057 |
West Kendall Baptist Hospital Inc Miami, FL | $288,007,221 | $375,374,668 |
Tanner Medical Center Carrollton, GA | $469,761,069 | $338,508,721 |
Houston Hospitals Inc Warner Robins, GA | $374,033,073 | $309,918,266 |
West Georgia Medical Center Inc Marietta, GA | $243,101,632 | $237,917,313 |
Florida Hospital Healthcare Partners Inc Ormond Beach, FL | $26,889,759 | $192,832,663 |
Viera Hospital Inc Rockledge, FL | $296,417,064 | $158,671,950 |
Piedmont Mountainside Hospital Inc Jasper, GA | $64,178,508 | $116,427,064 |
Phoebe Sumter Medical Center Inc Americus, GA | $158,309,975 | $104,741,740 |
Hughston Hospital Inc Columbus, GA | $85,972,460 | $96,015,417 |
Piedmont Walton Hospital Inc Monroe, GA | $55,011,766 | $113,861,474 |