Providence Health Services Inc
- Assets
- $13.1m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 52-1275587
Organization Overview
Providence Health Services Inc, operating under the name Ascension Online Care, is located in St Louis, MO. The organization was established in 1946. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ascension Online Care 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 06/2021, Ascension Online Care generated $6.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $11.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (18.5%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH AND WELL-BEING OF ALL PEOPLE IN THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDENCE HEALTH SERVICES, INC. ASSISTED PHYSICIANS IN ESTABLISHING & MANAGING THEIR PRACTICES AT PROVIDENCE HOSPITAL; THEY ARE EMPLOYED BY THE HOSPITAL, WITH THE COST OF OPERATION TRANSFERRED TO THEIR RESPECTIVE PRACTICES WITHIN PROVIDENCE HEALTH SERVICES, INC. PROVIDENCE HEALTH SERVICES, INC. PROVIDED COMMUNITY CLINICAL CENTERS AS PART OF PROVIDENCE HOSPITAL'S COMMUNITY OUTREACH TO EXTEND PHYSICIAN MEDICAL SERVICES INTO UNDERSERVED AREAS. DURING FISCAL YEAR 2021, PROVIDENCE HEALTH SERVICES, INC. PROVIDED SERVICES FOR 47,721 PHYSICIAN OFFICE VISITS. AS A RESPONSE TO THE COVID-19 PANDEMIC PROVIDENCE HEALTH SYSTEM'S MEDICAL PRACTICES IMPLEMENTED VIRTUAL CARE THROUGHOUT ALL ITS PRACTICES. THIS HAS ALLOWED ALL PHS PHYSICIANS AND PROVIDERS TO PROVIDE THE APPROPRIATE CARE TO THEIR PATIENTS WITHOUT RISKING THE PATIENTS LIVES WITH THE EXPOSURE TO THE VIRUS. THE VIRTUAL AND TELEPHONIC PROVIDER VISITS WERE FOR ESTABLISHED PATIENTS IN OUR PROVIDENCE PHYSICIAN PRACTICES FOR ANYONE WHO NEEDED IMMEDIATE CARE. THE VISITS HAVE FOCUSED ON PRIMARY AND BEHAVIORAL HEALTH NEEDS, AS WELL AS PERSONS COVERED BY MEDICAID AND HAVE ACCESS TO THE MYHEALTH GPS PROGRAM FOR CARE COORDINATION. THE PROVIDENCE VIRTUAL PROVIDER OFFICE STARTED AS AN EXTENSION OF OUR OWN PHYSICIAN PRACTICES. THESE SERVICES WILL CONTINUE AT PROVIDENCE MOVING FORWARD. PROVIDENCE IS PRIVILEGED TO CONTINUE TO SERVE THE WASHINGTON DC COMMUNITY AND WILL CONTINUE TO WORK TO KEEP OUR COMMUNITIES HEALTHY DURING THIS TIME. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN FY20 AND FY21.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Former Officer (end 1/2020) | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Axis Healthcare Group Pc Medical Services | 6/29/18 | $149,075 |
Paxton Pathology Llc Medical Services | 6/29/18 | $158,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $16,929 |
| Government grants | $0 |
| 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 | $16,929 |
| Total Program Service Revenue | $6,357,917 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $85,623 |
| 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 | $6,651,041 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $313,493 |
| Advertising and promotion | $0 |
| Office expenses | $47,457 |
| Information technology | $1,500 |
| Royalties | $0 |
| Occupancy | $1,011,790 |
| Travel | $14,798 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,694 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $46,838 |
| Insurance | $282,294 |
| All other expenses | $106,533 |
| Total functional expenses | $11,215,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,103,746 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,072,545 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,835,937 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,062,430 |
| Total assets | $13,074,658 |
| Accounts payable and accrued expenses | $1,305,081 |
| 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 | $2,671,148 |
| Total liabilities | $3,976,229 |
| Net assets without donor restrictions | $9,098,429 |
| 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 | $13,074,658 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Providence Health Services Inc has recieved totaling $12,229.
| Awarding Organization | Amount |
|---|---|
Providence Health Foundation St Louis, MO PURPOSE: GENERAL SUPPORT | $12,229 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Francis Hospital Sisters Of The Third Order Of St Francis Litchfield, IL | $115,024,581 | $58,904,775 |
Norton Community Hospital Inc Johnson City, TN | $0 | $44,059,462 |
Shenandoah Medical Center Shenandoah, IA | $66,279,280 | $53,754,700 |
Harrisburg Medical Center Inc Harrisburg, IL | $43,345,882 | $39,197,825 |
Owensboro Health Twin Lakes Regional Medical Center Inc Owensboro, KY | $55,501,629 | $56,278,932 |
Pekin Memorial Hospital Pekin, IL | $70,050,108 | $60,677,158 |
Ascension Borgess Allegan Hospital St Louis, MO | $32,866,970 | $39,637,859 |
William Newton Memorial Hospital Winfield, KS | $42,714,189 | $50,070,787 |
Northwest Memorial Healthcare Chicago, IL | $87,933,488 | $39,660,179 |
Siskin Hospital For Physical Rehabilitation Chattanooga, TN | $126,934,150 | $48,552,060 |
Unity Medical Center Inc Manchester, TN | $57,842,404 | $53,886,351 |
Cox-Monett Hospital Inc Monett, MO | $76,112,407 | $40,685,063 |