Hays Medical Center Inc
- Assets
- $266.5m
- Revenue
- $238.7m
- Investments
- $43.9m
- Employees
- 1,794
- Location
- Hays, KS
- Founding
- 10/2001
- Data as of
- 06/2022
- EIN
- 48-0559088
Organization Overview
Hays Medical Center Inc is located in Hays, KS. The organization was established in 2001. 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 06/2022, Hays Medical Center Inc employed 1,794 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hays 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 06/2022, Hays Medical Center Inc generated $238.7m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $235.4m during the year ending 06/2022. While expenses have increased by 14.6% per year over the past 2 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HAYS MEDICAL CENTER IS A TAX-EXEMPT CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS LICENSED BY THE STATE OF KANSAS DEPARTMENT OF HEALTH AND ENVIRONMENT. THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE HEALTHCARE FACILITIES AND SERVICES FOR THE CARE AND TREATMENT OF INPATIENTS AND OUTPATIENTS WHO ARE ACUTELY ILL OR WHO OTHERWISE REQUIRE MEDICAL CARE AND RELATED SERVICES. THE CORE PURPOSE OF THE ORGANIZATION IS TO HELP PEOPLE BE HEALTHY. THE ORGANIZATION IS STRIVING TO BECOME THE BEST TERTIARY CARE CENTER IN RURAL AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT CARE PROGRAM SERVICES CONSIST OF ROUTINE AND ANCILLARY DEPARTMENT HEALTHCARE SERVICES PROVIDED BY A HEALTHCARE ORGANIZATION AS DEFINED IN SECTION 501(C)(3) OF THE IRS CODE. ADMISSIONS: ACUTE-4,310, NEWBORN ICU-29, NEWBORN-544, TOTAL ADMISSIONS-4,883. PATIENT DAYS: ICU/CPCU-7,206, MEDICAL/SURGICAL-12,716, OBSTETRICS-1,086, NEWBORN ICU-338, NEWBORN-893, TOTAL PATIENT DAYS-22,239. OTHER STATISTICAL INFORMATION: SURGICAL PROCEDURES-7,731, CARDIAC CATHS-1,613, EMERGENCY ROOM VISITS-12,001, OUTPATIENT PROCEDURES-166,564, MEDICAL ONCOLOGY SERVICE VISITS-6,270, CLINIC VISITS-150,301.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Lang Chair | OfficerTrustee | 0.5 | $0 |
Alan Moore Vice Chair | OfficerTrustee | 0.5 | $0 |
Kenneth Beran Treasurer | OfficerTrustee | 0.5 | $0 |
Jayne Clarke Secretary | OfficerTrustee | 0.5 | $0 |
Daniel Schippers Board Member | Trustee | 0.5 | $0 |
Wayne Kieffer Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quest Diagnostics Inc Lab Services | 6/29/22 | $4,843,465 |
Favorite Healthcare Staffing Inc Contract Staffing | 6/29/22 | $4,540,028 |
Weatherby Healthcare Physician Services | 6/29/22 | $3,003,306 |
Foulston Siefkin Llp Legal Fees | 6/29/22 | $903,124 |
Alliance Recruiting Resources Physician Services | 6/29/22 | $834,569 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $882,099 |
| Government grants | $7,187,005 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,070,104 |
| Total Program Service Revenue | $211,683,373 |
| Investment income | $1,621,999 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $286,093 |
| Net Gain/Loss on Asset Sales | $16,347,086 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $238,749,131 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,783 |
| 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. | $4,492,262 |
| Compensation of current officers, directors, key employees. | $2,439,538 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,306,506 |
| Pension plan accruals and contributions | $4,052,745 |
| Other employee benefits | $9,360,059 |
| Payroll taxes | $6,043,485 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,159,319 |
| Fees for services: Accounting | $11,005 |
| Fees for services: Lobbying | $13,859 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $231,533 |
| Fees for services: Other | $29,857,367 |
| Advertising and promotion | $485,724 |
| Office expenses | $1,085,414 |
| Information technology | $6,538,376 |
| Royalties | $0 |
| Occupancy | $2,317,629 |
| Travel | $395,098 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $616,444 |
| Interest | $1,510,881 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,536,366 |
| Insurance | $1,076,704 |
| All other expenses | $5,028,899 |
| Total functional expenses | $235,350,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,576 |
| Savings and temporary cash investments | $25,454,311 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,292,754 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,972,701 |
| Prepaid expenses and deferred charges | $8,249,356 |
| Net Land, buildings, and equipment | $59,998,682 |
| Investments—publicly traded securities | $79,939,745 |
| Investments—other securities | $43,896,381 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,338,367 |
| Total assets | $266,498,873 |
| Accounts payable and accrued expenses | $29,573,004 |
| Grants payable | $0 |
| Deferred revenue | $3,010,882 |
| 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 | $50,105,000 |
| Other liabilities | $942,916 |
| Total liabilities | $83,631,802 |
| Net assets without donor restrictions | $170,927,071 |
| Net assets with donor restrictions | $11,940,000 |
| 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 | $266,498,873 |