Holmes Regional Medical Center is located in Rockledge, FL. The organization was established in 1945. 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. Holmes Regional Medical Center 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 09/2021, Holmes Regional Medical Center generated $776.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $681.6m during the year ending 09/2021. While expenses have increased by 4.0% 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.
Since 2015, Holmes Regional Medical Center has awarded 52 individual grants totaling $10,029,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR TEAM IMPROVING THE WELLNESS AND HEALTH OF YOU AND YOUR FAMILY THROUGH EXCELLENT AND COMPASSIONATE HEALTH CARE.
Describe the Organization's Program Activity:
HOLMES REGIONAL MEDICAL CENTER (HRMC) FEATURES 550 ACUTE BEDS, 10 NICU, MORE THAN 570 PHYSICIANS AND IS THE REGION'S PREMIER TERTIARY REFERRAL HOSPITAL. HRMC OFFERS ALL PATIENTS INNOVATIVE, LIFE-SAVING TECHNOLOGY, INCLUDING VITALWATCH EICU WHICH COMBINES TELEMEDICINE SOFTWARE AND 24/7 ELECTRONIC MONITORING TECHNOLOGY.THE HEART CENTER AT HRMC PERFORMS MORE CARDIAC PROCEDURES THAN ALL THE OTHER HOSPITALS IN BREVARD. AS THE AREA'S LEADER IN HEART AND VASCULAR SERVICES, THE HEART CENTER FEATURES STATE-OF-THE ART CARDIAC CATHETERIZATION SUITES AND ADJOINING PRE-AND POST-PROCEDURE RECOVERY AREAS. A ROOFTOP LANDING SITE FOR THE FIRST FLIGHT EC135 MEDICAL HELICOPTER HAS DEDICATED ELEVATOR ACCESS TO THE LEVEL II TRAUMA CENTER, EMERGENCY HEART CATHETERIZATION AND STROKE INTERVENTIONS SERVICES AT THE HEART CENTER. THE ADVANCED STRUCTURAL HEART PROGRAM OFFERS PROGRESSIVE PROCEDURES INCLUDING TRANSCATHETER AORTIC VALVE REPLACEMENT (TAVR), WATCHMAN, MITRACLIP AND ATRICLIP.HRMC IS ALSO THE FIRST HOSPITAL IN BREVARD TO OFFER STATE-OF-THE-ART ROBOTICS-ASSISTED SURGERY (DAVINCI XI) FOR CARDIOTHORACIC, GENERAL SURGERY, UROLOGY, AND GYNECOLOGICAL PROCEDURES.THE STROKE CENTER AT HOLMES REGIONAL MEDICAL CENTER IS THE ONLY JOINT COMMISSION - CERTIFIED THROMBECTOMY-CAPABLE STROKE CENTER (TSC) SERVING BOTH BREVARD AND INDIAN RIVER COUNTY. TSC OFFERS LIFE-CHANGING INTERVENTIONAL NEURO-RADIOLOGY SERVICES FOR ADVANCED STROKE TREATMENT. THE STROKE CENTER IS EQUIPPED WITH A BIPLANE ANGIOGRAPHY AND ENDOVASCULAR SUITE, OFFERING HIGHLY ADVANCED IMAGING AND MINIMAL INVASIVE ENDOVASCULAR SURGERY AND STROKE INTERVENTION SERVICES. THE COMPREHENSIVE NEUROSCIENCE PROGRAM OFFERS ADVANCED TREATMENT AND SURGICAL PROCEDURES FOR THE BRAIN, SKULL, SPINE, SPINAL CORD, AND PERIPHERAL NERVOUS SYSTEM.PALM BAY HOSPITAL (PBH) FEATURES 120 ACUTE BEDS, AND MORE THAN 200 HIGHLY SKILLED PHYSICIANS. FOCUSED ON INNOVATIVE TECHNOLOGY, PBH OFFERS PATIENTS EXTENSIVE DIGITAL DIAGNOSTIC RADIOLOGY INCLUDING DIGITAL MAMMOGRAPHY, X-RAY, MRI, CT, ULTRASOUND, NUCLEAR MEDICINE, DIAGNOSTIC CARDIAC CATHETERIZATION, PCI PROCEDURES, TELESTROKE, TELERADIOLOGY AND VITALWATCH EICU. PBH ALSO OFFERS A FULL SPECTRUM OF HEALTHCARE SERVICES INCLUDING CARDIOPULMONARY, SURGERY, REHABILITATION, INTENSIVE CARE, EMERGENCY, AND ENDOSCOPY SERVICES.PBH RECEIVED A 5-STAR RATING BY THE CENTERS FOR MEDICARE & MEDICAID SERVICES IN 2021 AND RECEIVED A CERTIFICATE OF DISTINCTION BY THE JOINT COMMISSION AS A PRIMARY STROKE CENTER. PBH ALSO RECEIVED ACCREDITATION BY THE INTERSOCIETAL ACCREDITATION COMMISSION FOR ECHOCARDIOGRAPHY IN ADULT TRANSTHORACIC.COVID-19 PANDEMIC PROVIDED MANY CHALLENGES TO THE HEALTHCARE INDUSTRY. BOTH HRMC AND PBH PIVOTED QUICKLY TO MEET THE NEEDS OF CARING FOR THE COMMUNITY. NEGATIVE-PRESSURE ROOMS WERE STOOD UP TO PROVIDE A PROPER CARE ENVIRONMENT FOR PATIENTS. EACH OF THE FACILITIES ADHERED TO CENTER FOR DISEASE CONTROL AND PREVENTIONS (CDC) GUIDELINES FOR COVID-19 PRECAUTIONS LIKE SOCIAL-DISTANCING, MASKING, PROPER SANITIZATION, AND ENSURING SAFE ENVIRONMENTS FOR PATIENTS, VISITORS AND ASSOCIATES. FACE MASKS WERE PROVIDED TO THOSE WHO DID NOT HAVE ONE. ALSO, INCREASED ACCESS TO HAND SANITIZING STATION PROVIDED THROUGHOUT THE HOSPITALS.HRMC AND PBH PROVIDE HIGH-QUALITY MEDICAL SERVICES REGARDLESS OF RACE, CREED, GENDER, NATIONAL ORIGIN, HANDICAP, AGE, OR ABILITY TO PAY. IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES AND FURTHER, THAT OUR MISSION IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTHCARE SERVICES AND HEALTHCARE EDUCATION.IN KEEPING WITH THE HOSPITAL'S COMMITMENT, TO SERVE ALL MEMBERS OF ITS COMMUNITY:(1) FREE CARE AND/OR SUBSIDIZED CARE IS PROVIDED WHERE THE NEED AND/OR INABILITY TO PAY EXISTS AS DETERMINED BY HEALTH FIRST'S FINANCIAL ASSISTANCE POLICY.(2) CARE IS PROVIDED AT BELOW COST TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS SUCH AS MEDICARE AND MEDICAID.(3) FREE WELLNESS AND HEALTH ACTIVITIES AND PROGRAMS ARE PROVIDED TO THE COMMUNITY. THESE ACTIVITIES INCLUDE WELLNESS PROGRAMS, COMMUNITY EDUCATION PROGRAMS, SPECIAL PROGRAMS FOR ELDERLY, HANDICAPPED, AND MENTALLY UNDERSERVED ALONG WITH A VARIETY OF BROAD COMMUNITY SUPPORT ACTIVITIES.AS NOT-FOR-PROFIT HOSPITALS, HRMC AND PBH ARE SUPPORTED IN PART BY CONTRIBUTIONS TO THE HEALTH FIRST FOUNDATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven P Johnson President/ceo Hfi | OfficerTrustee | 8 | $0 |
Brett A Esrock President/ceo Hfi Hosp. Services | OfficerTrustee | 8 | $0 |
Taylor K Smith Chair | OfficerTrustee | 1 | $0 |
Dana S Kilborne Treasurer | OfficerTrustee | 1 | $0 |
Robert K Henry Secretary | OfficerTrustee | 1 | $0 |
James C Shaw Vice Chair | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $29,023,017 |
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 | $29,023,017 |
Total Program Service Revenue | $742,985,735 |
Investment income | $1,504,259 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,016,442 |
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 | $776,752,725 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $269,143 |
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. | $1,246,958 |
Compensation of current officers, directors, key employees. | $1,246,958 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $228,743,838 |
Pension plan accruals and contributions | $4,157,779 |
Other employee benefits | $52,418,742 |
Payroll taxes | $17,305,236 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,542,730 |
Fees for services: Accounting | $253,145 |
Fees for services: Lobbying | $760 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $70,389,544 |
Advertising and promotion | $744,255 |
Office expenses | $11,273,950 |
Information technology | $20,706,953 |
Royalties | $0 |
Occupancy | $9,930,228 |
Travel | $115,772 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $28,698 |
Interest | $7,038,105 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $33,373,858 |
Insurance | $4,245,449 |
All other expenses | $44,967,440 |
Total functional expenses | $681,566,852 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $344,272,030 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $75,000 |
Accounts receivable, net | $92,007,206 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $20,170,430 |
Prepaid expenses and deferred charges | $2,787,666 |
Net Land, buildings, and equipment | $308,207,262 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $114,924,104 |
Intangible assets | $4,343,482 |
Other assets | $17,043,432 |
Total assets | $903,830,612 |
Accounts payable and accrued expenses | $36,650,735 |
Grants payable | $0 |
Deferred revenue | $10,445 |
Tax-exempt bond liabilities | $149,712,888 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $23,678,296 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $139,985,591 |
Total liabilities | $350,037,955 |
Net assets without donor restrictions | $551,474,334 |
Net assets with donor restrictions | $2,318,323 |
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 | $903,830,612 |
Over the last fiscal year, Holmes Regional Medical Center has awarded $148,786 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
Melbourne, FL PURPOSE: General Support - Assisting victims | $35,188 |
SCHOOL BOARD OF BREVARD COUNTY PURPOSE: General Support - Thrive for Five | $33,500 |
Melbourne, FL PURPOSE: General Support - METCA Healthcare Training Program | $15,150 |
Orlando, FL PURPOSE: General Support - Health Lifestyles progam and SMART Movers | $13,000 |
Rockledge, FL PURPOSE: General Support - Health Navigator expansion | $10,000 |
West Melbourne, FL PURPOSE: General Support - Fitness activities, health metric improvement and nutrition | $10,000 |
Over the last fiscal year, we have identified 1 grants that Holmes Regional Medical Center has recieved totaling $2,290,105.
Awarding Organization | Amount |
---|---|
$2,290,105 |
Organization Name | Assets | Revenue |
---|---|---|
University Community Hospital Inc Tampa, FL | $1,235,213,568 | $915,701,443 |
Morton Plant Hospital Association Inc Clearwater, FL | $1,389,589,934 | $934,836,650 |
Mount Sinai Medical Center Of Florida Inc Miami Beach, FL | $992,427,664 | $901,856,611 |
Shands Jacksonville Medical Center Inc Jacksonville, FL | $750,537,278 | $894,366,475 |
Lakeland Regional Medical Center Inc Lakeland, FL | $799,528,886 | $860,757,084 |
Tallahassee Memorial Healthcare Inc Tallahassee, FL | $1,130,180,703 | $783,859,263 |
Baptist Hospital Inc Pensacola, FL | $1,048,797,666 | $758,112,762 |
Medical Center Of Central Georgia Inc Macon, GA | $1,397,526,718 | $800,413,800 |
Holmes Regional Medical Center Rockledge, FL | $903,830,612 | $776,752,725 |
Phoebe Putney Memorial Hospital Inc Albany, GA | $729,879,818 | $712,342,689 |
Cobb Hospital Marietta, GA | $403,732,052 | $857,038,951 |
South Miami Hospital Inc Miami, FL | $413,367,432 | $763,720,505 |