Parkview Health System Inc is located in Fort Wayne, IN. The organization was established in 1997. 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 12/2022, Parkview Health System Inc employed 6,923 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parkview Health System 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 12/2022, Parkview Health System Inc generated $1.0b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $1.1b during the year ending 12/2022. While expenses have increased by 9.6% per year over the past 8 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.
Since 2014, Parkview Health System Inc has awarded 710 individual grants totaling $52,415,871. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE HEALTH & PROVIDE QUALITY HEALTH SERVICES TO ALL WHO ENTRUST THEIR CARE TO US.
Describe the Organization's Program Activity:
PARKVIEW HEALTH SYSTEM, INC. IS A CHARITABLE, NOT-FOR-PROFIT, COMMUNITY-OWNED HEALTH SYSTEM. IT WAS INCORPORATED IN MAY 1995 AND NOW SUPPORTS THE FOLLOWING HOSPITALS: PARKVIEW HOSPITAL, INC.; COMMUNITY HOSPITAL OF LAGRANGE COUNTY, INC.; COMMUNITY HOSPITAL OF NOBLE COUNTY, INC.; DEKALB MEMORIAL HOSPITAL, INC.; HUNTINGTON MEMORIAL HOSPITAL, INC.; PARKVIEW WABASH HOSPITAL, INC.; WHITLEY MEMORIAL HOSPITAL, INC.; PARK CENTER, INC.; AS WELL AS 60 PERCENT OWNERSHIP IN THE JOINT VENTURE OF ORTHOPEDIC HOSPITAL AT PARKVIEW NORTH, LLC. THE ORTHOPEDIC HOSPITAL AT PARKVIEW NORTH, LLC. IS THE FIRST SPECIALTY HOSPITAL IN NORTHEAST INDIANA DEVOTED SOLELY TO ORTHOPEDIC SURGERY AND POST-SURGERY PATIENT CARE. THIS 37-BED STATE-OF-THE-ART FACILITY INCLUDES AN INPATIENT UNIT,(SEE SCHEDULE O FOR CONTINUATION)AN INPATIENT REHABILITATION GYM AND ORTHO NORTHEAST MEDICAL OFFICES. THE SERVICE AREA FOR PARKVIEW HEALTH SYSTEM, INC. INCLUDES NORTHEAST INDIANA, NORTHWEST OHIO AND SOUTH-CENTRAL MICHIGAN. PARKVIEW HEALTH OFFERS AN ARRAY OF SPECIALTY SERVICES TO ITS SERVICE AREA WHICH INCLUDE A VERIFIED LEVEL II ADULT AND PEDIATRIC TRAUMA CENTER, A HEART INSTITUTE, A CERTIFIED COMPREHENSIVE STROKE CENTER, WOMEN'S & CHILDREN'S HOSPITAL, OUTPATIENT SERVICE CENTER, A BEHAVIORAL HEALTH INSTITUTE AND CANCER INSTITUTE. PARKVIEW HEALTH SYSTEM, INC. EMPLOYS MORE THAN 15,000 FULL- AND PART-TIME CO-WORKERS. THIS INCLUDES PARKVIEW PHYSICIANS GROUP (PPG) WHICH CONSIST OF 1,085 PROVIDERS REPRESENTING MORE THAN 40 SPECIALTIES IN MORE THAN 200 LOCATIONS ACROSS NORTHEAST INDIANA AND NORTHWEST OHIO. OF THE 1,085 PROVIDERS, 593 OF THEM ARE PRIMARY AND SPECIALTY CARE PHYSICIANS WITH THE REMAINING 492 BEING ADVANCED PRACTICE PROVIDERS. THESE PROFESSIONALS PROVIDE CARE TO RESIDENTS THROUGHOUT NORTHEAST INDIANA AND NORTHWEST OHIO REGARDLESS OF THEIR ABILITY TO PAY FOR THOSE SERVICES. IN 2022, 88 PHYSICIANS AND 100 ADVANCED PRACTICE PROVIDERS WERE RECRUITED, SIGNIFICANTLY INCREASING THE SYSTEM'S ABILITY TO MEET LOCAL HEALTH NEEDS. PARKVIEW HEALTH EMPLOYS FOUR FULL-TIME PHYSICIAN RECRUITERS AND ONE FULL-TIME SOURCING SPECIALIST WHOSE TIME IS DEVOTED SOLELY TO RECRUITING PHYSICIANS AND ADVANCED PRACTICE PROVIDERS. ALL PHYSICIAN RECRUITMENT ACTIVITY IS BASED ON A BOARD-APPROVED STRATEGIC PLAN AND THE OVERSIGHT OF THE COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS.IN SUPPORTING THE WORK OF PARKVIEW HEALTH SYSTEM, INC. THE MIRRO RESEARCH AND INNOVATION CENTER, LOCATED ON THE CAMPUS OF PARKVIEW REGIONAL MEDICAL CENTER, PROVIDES WORLD-CLASS EDUCATION FOR PARKVIEW CO-WORKERS, PHYSICIANS AND MEDICAL PROFESSIONALS IN CUTTING-EDGE MEDICAL SIMULATION CLASSROOMS AND TRAINING LABORATORIES MODELED AFTER CURRENT OPERATING ROOMS, EXAM ROOMS, PATIENT ROOMS AND AMBULANCES. IN ADDITION TO HOSPITAL-RELATED INITIATIVES, THE MIRRO RESEARCH AND INNOVATION CENTER ENGAGES IN PROJECTS RELATED TO COMMUNITY HEALTH THROUGH ITS HEALTH SERVICES AND INFORMATICS RESEARCH TEAM. THE HEALTH SERVICES AND INFORMATICS RESEARCH TEAM IS COMPRISED OF INTERDISCIPLINARY SCIENTISTS, PROJECT MANAGERS AND USER-EXPERIENCE SPECIALISTS. THIS TEAM WORKS ON A BROAD ARRAY OF PROJECTS, INCLUDING INVESTIGATOR-INITIATED RESEARCH, PROGRAM EVALUATION, PILOT STUDIES, COMMUNITY SURVEY STUDIES AND USER-EXPERIENCE PROJECTS THAT IMPROVE THE USABILITY OF HEALTHCARE TECHNOLOGIES. SOME EXAMPLES OF THEIR PROJECTS AND FOCUS AREAS INCLUDE YOUTH MENTAL HEALTH, INNOVATIVE PRACTICE MODEL EVALUATION, SCREENING FOR AND ADDRESSING SOCIAL DETERMINANTS OF HEALTH, AND SUPPORTING PEOPLE LIVING WITH CHRONIC DISEASE. MOST OF THE TEAM'S WORK HAS RESULTED IN PEER-REVIEWED PUBLICATIONS IN JOURNALS, PRESENTATIONS AT TOP-TIER SCIENTIFIC CONFERENCES, AND DISSEMINATION OF INFORMATION TO OUR LOCAL PUBLIC HEALTH AND GOVERNMENT OFFICIALS TO INFLUENCE PUBLIC HEALTH POLICY. PARKVIEW HEALTH SYSTEM, INC. WAS AWARDED THE FOLLOWING ACCOLADES DURING 2022:- MULTIPLE PARKVIEW HEALTH HOSPITALS HAVE EARNED THE ELITE MAGNET RECOGNITION FOR THE SECOND TIME. MAGNET DESIGNATION IS GRANTED AND RENEWED BY THE AMERICAN NURSES CREDENTIALING CENTER'S (ANCC) MAGNET RECOGNITION PROGRAM. THIS RECOGNITION IDENTIFIES HOSPITALS AND HEALTH SYSTEMS THAT MEET AND EXCEED DEMANDING STANDARDS FOR NURSING EXCELLENCE. ALL THE FOLLOWING PARKVIEW HOSPITALS ARE MAGNET-RECOGNIZED: PARKVIEW HUNTINGTON HOSPITAL, PARKVIEW LAGRANGE HOSPITAL, PARKVIEW NOBLE HOSPITAL, PARKVIEW ORTHO HOSPITAL, PARKVIEW REGIONAL MEDICAL CENTER AND AFFILIATES, PARKVIEW WABASH HOSPITAL, AND PARKVIEW WHITLEY HOSPITAL. AS THE NEWEST MEMBER OF THE HEALTH SYSTEM, PARKVIEW DEKALB HOSPITAL WILL BE ELIGIBLE FOR MAGNET RECOGNITION DURING THE NEXT ACCREDITATION CYCLE.- THE 2022 EVS CERTIFICATE OF MERIT AWARD -- PARKVIEW ENVIRONMENTAL SERVICES (EVS) RECEIVED THE 2022 EVS CERTIFICATE OF MERIT AWARD FOR FACILITIES OF 500+ BEDS FROM THE ASSOCIATION FOR THE HEALTH CARE ENVIRONMENT (AHE). THIS NATIONAL AWARD RECOGNIZES SIGNIFICANT CONTRIBUTIONS MADE BY AN EVS DEPARTMENT TO THE OVERALL PATIENT EXPERIENCE AND A HEALTHCARE ORGANIZATION'S MISSION. IT HIGHLIGHTS MAINTAINING HIGH LEVELS OF PERFORMANCE IN THE FOLLOWING AREAS: CLEANING, DISINFECTING, ENVIRONMENTAL INFECTION PREVENTION, ENVIRONMENTAL SUSTAINABILITY AND STEWARDSHIP, TECHNOLOGY USE, PATIENT EXPERIENCE, AND EVS TEAM EDUCATION AND TRAINING. - PARKVIEW HEALTH SYSTEM, INC. HAS BEEN RECOGNIZED BY THE COLLEGE OF HEALTHCARE INFORMATION MANAGEMENT EXECUTIVES (CHIME) AS A CERTIFIED AT LEVEL 10, THE HIGHEST POSSIBLE LEVEL, IN BOTH THE ACUTE AND AMBULATORY CARE CATEGORIES. THIS IS THE NINTH CONSECUTIVE YEAR THE HEALTH SYSTEM HAS BEEN NAMED AMONG THE COUNTRY'S MOST WIRED HEALTHCARE ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Packnett Director/ph President & CEO | OfficerTrustee | 40 | $2,602,841 |
Raymond Dusman Director/vice Chair/pce President | OfficerTrustee | 40 | $1,453,383 |
Rick Henvey Director/ph Hlthcare Op President | OfficerTrustee | 40 | $1,513,670 |
Joshua Kline Director/ph Chief Medical Off-Ppg | Trustee | 40 | $624,031 |
Thomas Miller Director/ph Physician | Trustee | 40 | $633,700 |
Alan Mcgee Director/ortho Physician | Trustee | 12 | $505,500 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Weatherby Locums Inc Physicians | 12/30/22 | $9,993,547 |
Locumtenens Physicians | 12/30/22 | $4,363,799 |
Oliver Wyman Consulting | 12/30/22 | $4,180,481 |
Focusone Solutions Llc Medical Personnel | 12/30/22 | $4,020,264 |
Comphealth Physicians | 12/30/22 | $3,228,259 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $145,697 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,202,957 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,348,654 |
Total Program Service Revenue | $968,222,005 |
Investment income | $25,526,768 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $2,206,416 |
Net Gain/Loss on Asset Sales | $4,324,022 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,002,459,194 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,548,628 |
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. | $27,735,840 |
Compensation of current officers, directors, key employees. | $27,735,840 |
Compensation to disqualified persons | $376,137 |
Other salaries and wages | $601,128,684 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $60,014,669 |
Payroll taxes | $73,565,340 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,014,582 |
Fees for services: Accounting | $1,468,476 |
Fees for services: Lobbying | $58,875 |
Fees for services: Fundraising | $39,660 |
Fees for services: Investment Management | $3,957,917 |
Fees for services: Other | $78,865,694 |
Advertising and promotion | $2,522,127 |
Office expenses | $16,532,372 |
Information technology | $56,804,754 |
Royalties | $0 |
Occupancy | $24,772,044 |
Travel | $1,911,260 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $869,239 |
Interest | $23,448,509 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $42,990,009 |
Insurance | $8,017,872 |
All other expenses | $5,033,896 |
Total functional expenses | $1,075,210,777 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $20,509 |
Savings and temporary cash investments | $190,096,104 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $35,805,033 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $3,101,156 |
Inventories for sale or use | $46,325,717 |
Prepaid expenses and deferred charges | $45,911,442 |
Net Land, buildings, and equipment | $387,126,687 |
Investments—publicly traded securities | $1,019,057,499 |
Investments—other securities | $462,290,572 |
Investments—program-related | $98,559,970 |
Intangible assets | $35,949,146 |
Other assets | $185,421,087 |
Total assets | $2,509,664,922 |
Accounts payable and accrued expenses | $234,276,153 |
Grants payable | $0 |
Deferred revenue | $3,142,119 |
Tax-exempt bond liabilities | $523,941,012 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $215,320,829 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $209,400,756 |
Total liabilities | $1,186,080,869 |
Net assets without donor restrictions | $1,323,584,053 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,509,664,922 |
Over the last fiscal year, Parkview Health System Inc has awarded $5,024,646 in support to 46 organizations.
Grant Recipient | Amount |
---|---|
ALLIANCE HEALTH CENTERS INC PURPOSE: SUPPORT FOR THE DELIVERY OF MEDICAL SERVICES | $1,180,732 |
FORT WAYNE COMMUNITY SCHOOLS PURPOSE: SCHOOL PROGRAMS | $625,000 |
UNIVERSITY OF SAINT FRANCIS OF FORT WAYNE INDIANA INC PURPOSE: SCHOOL OF NURSING | $333,334 |
MARIAN UNIVERSITY INC PURPOSE: SCHOLARSHIPS | $300,000 |
ARTS UNITED OF GREATER FORT WAYNE INC PURPOSE: PROGRAMS SUPPORTING THE ADVANCEMENT OF THE ARTS AND CULTURE | $200,000 |
TURNSTONE CENTER FOR CHILDREN & ADULTS WITH DISABILITIES INC PURPOSE: SUPPORTING THERAPY & WELLNESS PROGRAMS FOR DISABLED CHILDREN & ADULTS | $200,000 |