Lexington Medical Center, operating under the name Atrium Health Wake Forest Baptist Le, is located in Lexington, NC. The organization was established in 1954. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Atrium Health Wake Forest Baptist Le 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 06/2020, Atrium Health Wake Forest Baptist Le generated $125.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $114.4m during the year ending 06/2020. While expenses have increased by 6.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE HEALTH, ELEVATE HOPE, AND ADVANCE HEALING FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES A 94 ACUTE CARE BED HOSPITAL, 7 PHYSICIAN PRACTICES, AND OTHER RELATED FACILITIES TO EDUCATE, DIAGNOSE, AND PROVIDE CARE AND TREATMENT TO THE RESIDENTS OF DAVIDSON COUNTY, NORTH CAROLINA AND SURROUNDING AREAS. THE ORGANIZATION SERVES AS A SATELLITE PROVIDER OF ATRIUM HEALTH WAKE FOREST BAPTIST SPECIALTY SERVICES INCLUDING DIGESTIVE HEALTH, ENT, HEAD/NECK SURGERY. THE ORGANIZATION IS ACCREDITED BY THE JOINT COMMISSION ON ACCREDITATION OF HEALTHCARE ORGANIZATIONS AND HAS BEEN COMMITTED TO SERVING THE HEALTHCARE NEEDS OF DAVIDSON COUNTY SINCE THE 1920S. DURING SHORT YEAR 2021, THE HOSPITAL FACILITY HAD APPROXIMATELY 6,800 PATIENT DAYS, INCLUDING APPROXIMATELY 1,700 INPATIENT ADMISSIONS, AND APPROXIMATELY 17,000 EMERGENCY DEPARTMENT VISITS.THE ORGANIZATION PROVIDES NUMEROUS RESOURCES, ACTIVITIES, AND PROGRAMS TO SERVE THE HEALTH NEEDS OF ITS COMMUNITY. THESE PROGRAMS INCLUDE:- BESTHEALTH - A COMMUNITY WELLNESS OUTREACH PROGRAM OF AHWFB OFFERS HEALTH SEMINARS, SCREENINGS, COOKING AND FITNESS CLASSES, ONLINE HEALTH RESOURCES AND A MEMBERSHIP PROGRAM WITH SPECIAL BENEFITS. SEMINARS LED BY EXPERTS FROM AHWFB PROVIDE THE LATEST INFORMATION ABOUT A VARIETY OF HEALTH TOPICS IN TALKS HELD AT CONVENIENT LOCATIONS THROUGHOUT THE COMMUNITY. MEMBERSHIP BENEFITS INCLUDE FREE HEALTH SCREENINGS, WELLNESS CHALLENGES, DISCOUNTS TO PARTICIPATING LOCAL MERCHANTS, E-NEWSLETTERS, AND PRIORITY NOTIFICATION OF EVENTS AND PROGRAMS.- FAITHHEALTHNC - AN INITIATIVE THAT CONNECTS THE CARING STRENGTHS OF CONGREGATIONS, THE CLINICAL EXPERTISE OF PROVIDERS, AND A NETWORK OF COMMUNITY RESOURCES TO EASE THOSE ON THE JOURNEY TO HEALTH AND HEALING, STRENGTHENING COMMUNITIES IN THE PROCESS. THERE ARE FAITHHEALTH CONNECTORS IN DAVIDSON COUNTY THAT SERVE MARGINALIZED POPULATIONS AND GIVE VOICE TO HEALTH DISPARITIES IN THE COMMUNITIES SURROUNDING AHWFB-LMC. - CHRONIC DISEASE SELF-MANAGEMENT PROGRAMS - ONE OF THE SELF-MANAGEMENT PROGRAMS IS THE DIABETES EDUCATION PROGRAM THAT HELPS PEOPLE WITH DIABETES UNDERSTAND AND MANAGE THE DISEASE. CLASSES ARE TAUGHT BY A REGISTERED DIETITIAN AND A REGISTERED NURSE WHO HELP INDIVIDUALS SET GOALS FOR MANAGING THE DISEASE AND MAINTAINING HEALTH AND WELL-BEING. THIS PROGRAM IS RECOGNIZED BY THE AMERICAN DIABETES ASSOCIATION. - TELESTROKE NETWORK & STROKE AWARENESS SEMINARS - THE TELESTROKE NETWORK PROVIDES ACCESS TO STROKE CARE FOR PATIENTS IN SMALLER COMMUNITIES, SUCH AS AHWFB-LMC. EMERGENCY ROOM PHYSICIANS AT THE HOSPITAL AND THEIR STROKE PATIENTS RECEIVE ON-DEMAND CONSULTATIONS WITH AN AHWFB STROKE NEUROLOGIST BY USING A SPECIAL MOBILE ROBOT UNIT, EQUIPPED WITH VIDEO CONFERENCING. THE STROKE EXPERT CAN EVALUATE THE PRESENCE OR SEVERITY OF A STROKE AND ASSIST IN DETERMINING THE BEST TREATMENT PLAN. AHWFB INCREASED STROKE AWARENESS IN THE HOSPITALS' LOCAL COMMUNITIES BY PROVIDING STROKE EDUCATION THROUGH THE ROBOT TO HIGH SCHOOL STUDENTS, OLDER ADULTS, AND INTERNATIONAL STUDENTS. AHWFB ALSO PROVIDES AN ADVANCED STROKE LIFE SUPPORT COURSE AND CERTIFICATION TO EMERGENCY DEPARTMENT STAFF AND LOCAL EMS AGENCIES. - CAREGIVER ACADEMY - A PROGRAM OFFERING FREE CLASSES TO EDUCATE THE COMMUNITY ON HOW TO PREPARE FOR CAREGIVING AND PROVIDE ASSISTANCE FOR LOVED ONES, INCLUDING FINDING THE RIGHT RESOURCES, BEING YOUR OWN HEALTH CARE ADVOCATE, AND DEALING WITH THE PAPERWORK AND FINANCIAL BURDENS.- ATHLETIC TRAINERS - A CERTIFIED ATHLETIC TRAINER (ATC), PROVIDED BY AHWFB, WORKS FULL-TIME IN LEXINGTON SENIOR HIGH SCHOOL. THE ATC WORKS WITH STUDENT ATHLETES AND THEIR COACHES TO HELP KEEP THE ATHLETES SAFE AND HEALTHY AND TO TREAT AND HELP REHABILITATE SPORTS-RELATED INJURIES. DURING THE COVID-19 PANDEMIC, THE ATC COLLABORATED WITH SCHOOL ADMINISTRATORS AND STAFF TO DESIGN AND IMPLEMENT DAILY SCREENING PROCESSES AND SOCIAL DISTANCING MEASURES THROUGHOUT THE SCHOOL. - CORY HOLT FOUNDATION FOOTBALL CLINIC - THE ANNUAL FOOTBALL CAMP IS DESIGNED TO PROVIDE YOUTH A SOLID FOUNDATION OF BASIC FOOTBALL FUNDAMENTALS AND TO BUILD CHARACTER. HOSPITAL EMPLOYEES VOLUNTEER TO ASSIST WITH THE CAMP. (TEMPORARILY SUSPENDED FOR COVID19)- NURSING APPRENTICESHIPS - A PARTNERSHIP WITH DAVIDSON-DAVIE COMMUNITY COLLEGE TO HELP IMPROVE THE NURSING SHORTAGE AFFECTING HEALTH CARE SYSTEMS IN THE REGION. THIS PROGRAM IS THE FIRST REGISTERED NURSE APPRENTICESHIP PROGRAM IN NORTH CAROLINA TO BE APPROVED BY THE DEPARTMENT OF LABOR, AND EXPEDITES THE PREVIOUS TIMING OF LPN'S ACHIEVING RN STATUS FROM THREE YEARS TO 24 MONTHS, WITHOUT AFFECTING THE QUALITY OF TRAINING. STUDENTS ARE ABLE TO RECEIVE THEIR TRAINING IN A HOSPITAL/ACUTE CARE SETTING AT TWO AHWFB NETWORK HOSPITALS, INCLUDING AHWFB-LMC.IN ADDITION TO COMMUNITY PROGRAMS, THE HOSPITAL REGULARLY REINVESTS FUNDS IN MEDICAL TECHNOLOGIES AND STATE-OF-THE ART EQUIPMENT TO BETTER MEET THE HEALTH NEEDS OF THE COMMUNITY. DURING THE SHORT YEAR, AHWFB-LMC ACQUIRED A DA VINCI XI SURGICAL SYSTEM, ALLOWING THE HOSPITAL TO OFFER MINIMALLY-INVASIVE SURGERY COMBINING THE LATEST ASSISTED SURGICAL TECHNOLOGIES WHICH ALLOWS FOR EASIER ACCESS TO TARGETED AREAS. ADVANTAGES OF MINIMALLY INVASIVE SURGERY INCLUDE LESS BLOOD LOSS, PAIN, AND SCARING, FASTER RECOVERY AND LESS TIME IN THE HOSPITAL.COVID-19 RESPONSE: DURING THE LATTER PORTION OF FY20 AND THROUGHOUT 2021, COVID-19 BECAME A GLOBAL PANDEMIC AND CONTINUED TO AFFECT OUR COMMUNITY. AHWFB IMPLEMENTED NUMEROUS MEASURES TO HELP MEET THE HEALTH NEEDS OF THE COMMUNITY IN RESPONSE TO THIS GLOBAL PANDEMIC. DURING THE SHORT PERIOD ENDED DECEMBER 31, 2021, AHWFB CONTINUED TO SUPPORT THE COMMUNITY IN THE FOLLOWING WAYS:- AHWFB PROFESSOR OF INFECTIOUS DISEASES PROVIDED WEEKLY UPDATES TO MEDIA OUTLETS AND TO THOSE IN OUR COMMUNITY AND BEYOND, RAPIDLY BECOMING A TRUSTED AND REASSURING VOICE FOR THE COMMUNITY. - AHWFB UPDATED VISITOR GUIDELINES AT ALL LOCATIONS TO FOR PATIENTS AND HOSPITAL EMPLOYEES IN RESPONSE TO CHANGING COVID-19 VARIANT LANDSCAPE.- AHWFB TOOK COVID-19 VACCINATION EFFORTS TO NEW HEIGHTS WITH DRONE DELIVERIES THE FIRST COVID-19 VACCINE DRONE DELIVERY PROGRAM IN THE COUNTRY. THIS NEW INITIATIVE, OPERATED BY UPS, EXPANDED THE EXISTING DRONE PROGRAM THAT WAS LAUNCHED IN JULY 2020.- AHWFB USED ITS MOBILE HEALTH CLINIC TO PROVIDE CONVENIENT COVID-19 VACCINATIONS TO OLDER ADULTS WITH BARRIERS OF ACCESS TO CARE.- AHWFB BRENNER CHILDREN'S BEGAN ADMINISTERING THE PFIZER COVID-19 VACCINE TO CHILDREN AGES 5 TO 11 IN NOVEMBER. BRENNER CHILDREN'S BEGAN HOLDING COVID-19 VACCINATION EVENTS TO CHILDREN AGES 12 TO 15 EARLIER IN THE YEAR.AHWFB-LMC RECEIVED SEVERAL AWARDS, ACCREDITATIONS, AND ACKNOWLEDGEMENTS DURING THE SHORT YEAR, AS FOLLOWS:- AN 'A' IN THE FALL 2021 LEAPFROG HOSPITAL SAFETY GRADE, A NATIONAL DISTINCTION RECOGNIZING THE HOSPITAL'S ACHIEVEMENTS PROTECTING PATIENTS FROM HARM AND PROVIDING SAFER HEALTH CARE. - A 4-STAR RATING BASED ON A 5-STAR SCALE BY THE CENTERS FOR MEDICARE AND MEDICARE SERVICES (CMS). CMS COMPILES THE STAR RATINGS BY ASSESSING HOSPITALS IN FIVE SETS OF QUALITY MEASURES: MORTALITY, SAFETY OF CARE, READMISSIONS, PATIENT EXPERIENCE, AND TIMELINESS AND EFFECTIVENESS OF CARE. HOSPITALS REPORT THEIR OWN DATA AND ARE ELIGIBLE TO RECEIVE A RATING IF THEY REPORT AT LEAST THREE MEASURES IN EACH OF THREE OR MORE MEASURE GROUPS, INCLUDING EITHER MORTALITY OR SAFETY OF CARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bradley A Clark Treasurer | Officer | 0.5 | $973,825 |
William B James Director & President | OfficerTrustee | 38 | $0 |
Michael Holshouser Vice Chair | OfficerTrustee | 2 | $0 |
Rev Dr Ray Howell Chair | OfficerTrustee | 4 | $0 |
Denise Hege Secretary | Officer | 38 | $0 |
Danny Squires Finance Director | Officer | 19 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Amn Healthcare Allied Inc Contract Labor | 12/30/21 | $274,437 |
Trimedx Holdings Llc Clinical Engineering Services | 12/30/21 | $151,144 |
Frank L Blum Construction Company Construction Services | 12/30/21 | $169,825 |
Hicuity Health Inc Contract Labor | 12/30/21 | $256,603 |
Sodexo Magic Llc Facilities Management Services | 12/30/21 | $179,688 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,069,208 |
Investment income | $2,429 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $561,002 |
Net Gain/Loss on Asset Sales | $272,742 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $125,126,706 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $200 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $609,623 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $38,991,338 |
Pension plan accruals and contributions | $1,496,959 |
Other employee benefits | $6,385,352 |
Payroll taxes | $2,169,328 |
Fees for services: Management | $725,362 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $8,436 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $178,246 |
Fees for services: Other | $10,331,257 |
Advertising and promotion | $739 |
Office expenses | $252,987 |
Information technology | $138,897 |
Royalties | $0 |
Occupancy | $3,103,727 |
Travel | $51,703 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,058 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,418,654 |
Insurance | $284,273 |
All other expenses | $0 |
Total functional expenses | $114,389,839 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,885 |
Savings and temporary cash investments | $35,163,638 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,955,453 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,839,778 |
Prepaid expenses and deferred charges | $115,123 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $419,561 |
Other assets | $34,529,161 |
Total assets | $126,269,827 |
Accounts payable and accrued expenses | $6,534,152 |
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 | $251,101 |
Total liabilities | $6,785,253 |
Net assets without donor restrictions | $0 |
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 |
Total liabilities and net assets/fund balances | $119,484,574 |
Over the last fiscal year, Lexington Medical Center has awarded $30,300 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Lexington, NC PURPOSE: COMMUNITY HEALTH CARE | $15,000 |
Buford, GA PURPOSE: YOUTH CHARACTER DEVELOPMENT AND SPORTS SKILLS | $10,000 |
Lexington, NC PURPOSE: COMMUNITY REVITALIZATION SUPPORT | $5,300 |
Over the last fiscal year, we have identified 2 grants that Lexington Medical Center has recieved totaling $1,288,716.
Awarding Organization | Amount |
---|---|
Lexington Memorial Hospital Foundation Inc Lexington, NC PURPOSE: TO SUPPORT OPERATIONS AND MISSION OF LEXMC | $644,358 |
Lexington Memorial Hospital Foundation Inc Lexington, NC PURPOSE: TO SUPPORT OPERATIONS AND MISSION OF LEXMC | $644,358 |
Organization Name | Assets | Revenue |
---|---|---|
First Health Of The Carolinas Inc Pinehurst, NC | $1,544,188,654 | $986,400,718 |
Mary Washington Healthcare Fredericksburg, VA | $593,675,918 | $863,388,863 |
Mountain States Health Alliance Johnson City, TN | $556,120,495 | $805,201,599 |
Baptist Memorial Hospital Memphis, TN | $691,981,947 | $770,663,628 |
Medical Center Of Central Georgia Inc Macon, GA | $1,397,526,718 | $800,413,800 |
Mcleod Regional Medical Center Of The Pee Dee Inc Florence, SC | $2,090,467,381 | $796,571,278 |
St Francis Hospital Inc Greenville, SC | $778,217,234 | $752,202,599 |
Phoebe Putney Memorial Hospital Inc Albany, GA | $729,879,818 | $712,342,689 |
Cobb Hospital Marietta, GA | $403,732,052 | $857,038,951 |
Anmed Health Anderson, SC | $1,245,907,620 | $728,404,682 |
Gaston Memorial Hospital Inc Gastonia, NC | $627,844,903 | $665,062,443 |
University Health Services Inc Augusta, GA | $1,020,272,774 | $598,292,806 |