Madison County Hospital Health Systems Inc

Organization Overview

Madison County Hospital Health Systems Inc, operating under the name Madison County Memorial Hospital, is located in Madison, FL. The organization was established in 1983. 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 09/2023, Madison County Memorial Hospital employed 209 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison County Memorial Hospital 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 09/2023, Madison County Memorial Hospital generated $13.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $15.1m during the year ending 09/2023. While expenses have increased by 4.8% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE QUALITY HEALTHCARE SERVICES TO THE COMMUNITY WHICH IT SERVES. THESE SERVICES INCLUDE ACUTE GENERAL INPATIENT AND OUTPATIENT CARE, SWING BED, ENDOSCOPY, PHYSICAL THERAPY AND OTHER RELATED SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE HOSPITAL IS A 25-BED CRITICAL ACCESS FACILITY LICENSED BY THE STATE OF FLORIDA THROUGH THE AGENCY FOR HEALTHCARE ADMINISTRATION. THE HOSPITAL OFFERS SERVICES SUCH AS ROUTINE RADIOLOGY, ENDOSCOPY, MAMMOGRAPHY, ULTRASOUND, LABORATORY, RESPIRATORY THERAPY, 24 HOUR EMERGENCY ROOM, SWING BED SERVICES, OUTPATIENT REHABILITATION, AND AN ACUTE CARE SETTING FOR PATIENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Daniel Perkins MD
Physician
$203,687
Tammy Stevens
CEO
$181,669
Rebecca Hughes
Rn
$107,702
Patrick Mcgee
CFO
$101,201
Brittany Selph
Cno
$93,685
Cynthia Burnett Sasnett
Hro
$88,497

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Davin Healthcare Workforce
Outsource Staff
$490,067
Southland Emergency Med Svcs
Er Physicians
$360,000
Mckesson
Medical Equip
$659,340
Healthcare Services Group Inc
Enviormental Sv
$270,900
Madison Radiology Services Pa
Radiologist
$224,028
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,919,552
All other contributions, gifts, grants, and similar amounts not included above$51,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,970,552
Total Program Service Revenue$11,373,408
Investment income $44,367
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $13,664,061

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