The Medical Center Inc
- Assets
- $425.1m
- Revenue
- $511.9m
- Investments
- $0.0
- Employees
- 2,464
- Location
- Columbus, GA
- Founding
- 08/1986
- Data as of
- 06/2021
- EIN
- 58-1685139
Organization Overview
The Medical Center Inc, operating under the name Piedmont Columbus Regional - Midtown, is located in Columbus, GA. The organization was established in 1986. 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, Piedmont Columbus Regional - Midtown employed 2,464 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piedmont Columbus Regional - Midtown 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, Piedmont Columbus Regional - Midtown generated $511.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $458.2m during the year ending 06/2021. While expenses have increased by 2.7% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE HEALTH AND HEALING OF OUR PATIENTS AND TO COORDINATE DELIVERY OF CLINICAL CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MEDICAL CENTER ("TMC") IS A 583-BED FACILITY THAT SERVES THE CITY OF COLUMBUS IN MUSCOGEE COUNTY, GEORGIA, AND 20 OTHER COUNTIES IN GEORGIA AND 2 IN EAST ALABAMA. OUR PRIMARY CARE AND SPECIALTY PHYSICIANS ON THE MEDICAL STAFF MEET THE PROFESSIONAL CLINICAL NEEDS OF CHILDREN, ADULTS, AND SENIORS WITHIN THE CITY AND THE GREATER COLUMBUS MARKET, REGARDLESS OF ANY INDIVIDUAL'S ABILITY TO PAY FOR SERVICES. FOR THE YEAR ENDED JUNE 30, 2022, THE HOSPITAL HAD 14,916 IN-PATIENT ADMISSIONS WITH A TOTAL OF 92,097 DAYS OF IN-PATIENT HOSPITALIZATION. ER VISITS TOTALED 82,254 AND OUTPATIENT VISITS TOTALED 133,280. SURGICAL SERVICES WERE PROVIDED TO 8,459 PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Michael Mandl Board Member | Trustee | 1 | $0 |
Mr M Scott Hill Board Member & CEO Crhs | OfficerTrustee | 5 | $0 |
Mr Thomas Arnold Treasurer/cfo Phc | Officer | 1 | $0 |
Dr Peter Jiang Physician | 55 | $1,177,348 | |
Ms Elizabeth Leddy Secretary/clo Phc | Officer | 1 | $0 |
Mr Michael Mcander Former Treasurer/cfo Phc | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medical Solutions Llc Nursing Services | 6/29/22 | $15,462,138 |
Muscogee Hospitalist Services Llc Hospitalist Services | 6/29/22 | $8,649,841 |
Amsol Anesthetists Of Georgia Llc Anesthesia Services | 6/29/22 | $4,346,174 |
Hmmg Llc Consulting Services | 6/29/22 | $2,929,009 |
Ga Radiology Imaging Consultants Sc Imaging Services | 6/29/22 | $2,654,673 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,978,839 |
| Investment income | $11,986,994 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $703,640 |
| 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 | $511,893,899 |
| Statement of Expenses | |
|---|---|
| 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. | $199,239 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $135,393,651 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,242,308 |
| Payroll taxes | $8,753,116 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,346 |
| 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 | $12,259,819 |
| Advertising and promotion | $0 |
| Office expenses | $763,806 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,640,709 |
| Travel | $31,476 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,028,501 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,272,818 |
| Insurance | $4,853,009 |
| All other expenses | $0 |
| Total functional expenses | $458,199,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $325,952 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $76,426,318 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,729,630 |
| Prepaid expenses and deferred charges | $5,586,177 |
| Investments—publicly traded securities | $148,757,413 |
| Investments—other securities | $0 |
| Investments—program-related | $11,365,439 |
| Intangible assets | $0 |
| Other assets | $24,720,419 |
| Total assets | $425,123,531 |
| Accounts payable and accrued expenses | $56,249,404 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $287,112,381 |
| 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 | $6,738,513 |
| Total liabilities | $350,100,298 |
| 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 | $75,023,233 |
Grants Awarded
Over the last fiscal year, The Medical Center Inc has awarded $20,125 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RIVERCENTER FOR THE PERFORMING ARTS PURPOSE: CMTY BENEFIT | $12,500 |
GREATER COLUMBUS GA CHAMBER OF COMMERCE PURPOSE: CMTY BENEFIT | $7,625 |