Bon Secours Memorial Regional Medical Center Llc

Organization Overview

Bon Secours Memorial Regional Medical Center Llc is located in Richmond, VA. The organization was established in 1995. 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 12/2019, Bon Secours Memorial Regional Medical Center Llc employed 2,287 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bon Secours Memorial Regional Medical Center Llc 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 12/2019, Bon Secours Memorial Regional Medical Center Llc generated $143.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $138.3m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

ACUTE CARE HOSPITAL

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE HEALTH AND WELLNESS FOR THE SURROUNDING COMMUNITY THROUGH A HOLISTIC APPROACH. SERVICES ARE PROVIDED TO ALL REGARDLESS OF THEIR SOCIO-ECONOMIC STATUS IN VARIOUS HEALTHCARE SETTINGS INCLUDING A HOSPITAL, MEDICAL OFFICE, AND AT HOME. BON SECOURS MEMORIAL COLLEGE OF NURSING PROVIDES COMPASSIONATE CARE TO THOSE IN NEED, AND EXTENDS THIS MISSION BY EDUCATING NURSES IN A SPIRIT OF ACADEMIC AND CLINICAL EXCELLENCE TO SERVICE OUR COMMUNITY WITH GENUINE COMPASSION AND THE HIGHEST CLINICAL STANDARDS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Interim CEO - Richmond (end 12/19)
$0
Name Not Listed
President/ceo - Richmond (beg 12/19)
$0
Name Not Listed
Chairman
$0
Name Not Listed
President
$0
Name Not Listed
Board Member
$0
Name Not Listed
Board Member (end 12/19)
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Athenahealth Inc
Physician Billing Service
$5,766,646
Trimedx Inc
Clinical Asset Management
$5,185,622
Us Bank Corporate Trust (Shiftwise)
Contract Nursing
$8,498,333
Morrison Mgt Specialists
Dietary Services
$4,856,399
Primedoc Of Richmond Pc
Physician Services
$4,431,753
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$217,803
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$217,803
Total Program Service Revenue$142,207,268
Investment income $386,207
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $83,879
Net Gain/Loss on Asset Sales $118,200
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $143,789,803

Peer Organizations

Organization NameAssets
Virginia Hospital Center Arlington Health System
Arlington, VA
$824,880,162
Wellmont Health System
Johnson City, TN
$845,523,767
Appalachian Regional Healthcare Inc
Lexington, KY
$817,287,479
Owensboro Health Regional Hospital
Owensboro, KY
$822,447,186
Memorial Health Care System Inc
Chattanooga, TN
$638,480,662
West Virginia University Medical Corporation
Morgantown, WV
$655,420,491
The Johns Hopkins Health System Corporation
Baltimore, MD
$619,632,611
Norton Healthcare Inc
Louisville, KY
$617,825,151
Carilion Services Inc
Roanoke, VA
$382,602,553
West Virginia United Health System Inc
Morgantown, WV
$352,864,528
Southeastern Regional Medical Center
Lumberton, NC
$304,059,746
Baptist Memorial Health Care Corporation
Memphis, TN
$249,640,612
Lifebridge Health Inc
Baltimore, MD
$286,151,816
Medstar Health Inc
Columbia, MD
$383,171,265
Community Care Of North Carolina Inc
Cary, NC
$259,582,382
Sentara Health
Virginia Beach, VA
$1,030,614,538
Methodist Lebonheur Healthcare
Memphis, TN
$315,179,126
Tidalhealth Inc
Salisbury, MD
$125,589,713
Covenant Health
Knoxville, TN
$220,269,899
Atlantic General Hospital
Berlin, MD
$155,666,646
Valley Health System
Winchester, VA
$157,041,843
Moses Cone Affiliated Physicians Inc
Greensboro, NC
$122,219,427
Bon Secours Memorial Regional Medical Center Llc
Richmond, VA
$143,789,803
Mary Washington Healthcare
Fredericksburg, VA
$134,996,485
Luminis Health Inc
Annapolis, MD
$130,173,052

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