Ashland Hospital Corporation

Organization Overview

Ashland Hospital Corporation, operating under the name King's Daughters Medical Center, is located in Ashland, KY. 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. As of 09/2022, King's Daughters Medical Center employed 4,844 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King's Daughters 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, King's Daughters Medical Center generated $734.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $597.8m during the year ending 09/2021. While expenses have increased by 5.9% 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.

Since 2015, King's Daughters Medical Center has awarded 91 individual grants totaling $1,926,021. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE COMMUNITY HEALTHCARE SERVICES. TO CARE. TO SERVE. TO HEAL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOCATED IN ASHLAND, KY., KING'S DAUGHTERS MEDICAL CENTER HAS BEEN SERVING THE PEOPLE OF NORTHEASTERN KENTUCKY, SOUTHERN OHIO, AND WESTERN WEST VIRGINIA FOR MORE THAN 120 YEARS. OUR FOCUS HAS ALWAYS BEEN ON HEALING THE SICK; IMPROVING QUALITY AND LENGTH OF LIFE; BUILDING HEALTHY COMMUNITIES; AND MEETING THE EVER-CHANGING HEALTHCARE NEEDS OF OUR REGION. AS ONE OF THE AREA'S LARGEST EMPLOYERS, KING'S DAUGHTERS IS AN IMPORTANT PART OF THE REGION'S INFRASTRUCTURE, ENSURING LOCAL ACCESS TO HIGH-QUALITY HEALTHCARE SERVICES; PROVIDING STABLE JOBS; ENCOURAGING ECONOMIC DEVELOPMENT; AND SUPPORTING EDUCATION FROM PRE-SCHOOL TO SENIOR CITIZENS. KING'S DAUGHTERS PROVIDES COMPREHENSIVE HEALTHCARE IN THE FOLLOWING SPECIALTIES: HEART AND VASCULAR; ORTHOPEDICS AND SPORTS MEDICINE; DIGESTIVE HEALTH; SURGICAL SERVICES AND BARIATRICS; BEHAVIORAL MEDICINE/PSYCHIATRIC; ONCOLOGY; MATERNITY, WOMEN'S CARE AND PEDIATRICS; PULMONOLOGY; AND PRIMARY CARE. KING'S DAUGHTERS IS COMPRISED OF TWO ACUTE-CARE HOSPITALS TOTALING 465 LICENSED BEDS; AN INTEGRATED NETWORK OF MORE THAN 400 PHYSICIANS AND ADVANCED PRACTITIONERS; 80 AMBULATORY CENTERS AND PRACTICE LOCATIONS OFFERING BOTH PRIMARY AND SPECIALTY CARE THROUGHOUT EASTERN KENTUCKY AND SOUTHERN OHIO. OUR GEOGRAPHICALLY DISTRIBUTED NETWORK OF PRIMARY CARE AND SPECIALIST PHYSICIANS, ALONG WITH DIAGNOSTIC CENTERS, HELPS ENSURE ACCESSIBLE, CONVENIENT HEALTHCARE SERVICES FOR PEOPLE WHERE THEY LIVE AND WORK. KING'S DAUGHTERS, ALONG WITH ITS TEAM MEMBERS, IS DEEPLY INVOLVED IN SUPPORTING PROGRAMS THAT IMPACTS THE HEALTH, WELL-BEING, AND ECONOMIC DEVELOPMENT OF THE COMMUNITY. - PROVIDING FREE IN-PERSON HEALTH SCREENINGS COVERING TOPICS RANGING FROM HEART DISEASE TO JOINT HEALTH TO SLEEP DISORDERS AND SKIN CANCER.- OFFERING FREE, ONLINE HEALTH RISK ASSESSMENTS AND SUPPORT GROUPS.- SPONSORING OR PARTICIPATING IN COMMUNITY EVENTS SUCH AS STRIKE-OUT STROKE, AND FREE FLU VACCINATIONS.- PROVIDING FREE SPORTS PHYSICALS TO YOUNG ATHLETES AT SCHOOLS THROUGHOUT OUR REGION; PLACING CERTIFIED ATHLETIC TRAINERS AT SCHOOLS; AND OFFERING WALK-IN ORTHOPEDIC AND SATURDAY MORNING SPORTS CLINICS.- PURCHASING AND DONATING AUTOMATED EXTERNAL DEFIBRILLATORS (AEDS) AND ANCILLARY EQUIPMENT (BATTERIES, PADS) TO FIRST-RESPONDERS AND LOCAL ORGANIZATIONS THROUGHOUT OUR SERVICE AREA.- EXTENSIVE EFFORTS TO INCREASE COMMUNITY AWARENESS OF AND/OR COMPLIANCE WITH SCREENING RECOMMENDATIONS FOR COMMON HEALTH ISSUES INCLUDING BREAST, LUNG, AND COLORECTAL CANCERS; STROKE; HEART DISEASE; AND MENTAL HEALTH AND SUBSTANCE ABUSE DISORDERS. - OFFERING 3D MAMMOGRAPHY THROUGHOUT OUR REGION THROUGH STATIONARY LOCATIONS AT KING'S DAUGHTERS MEDICAL CENTER AND KING'S DAUGHTERS OHIO.- PROVIDING MOBILE HEALTH SERVICES ABOARD OUR MOBILE MAMMOGRAPHY OFFERING 3D IMAGES AND TWO ADDITIONAL FLEXIBLE MOBILE UNITS PROVIDING A WIDE RANGE OF SERVICES INCLUDING OCCUPATIONAL MEDICINE SERVICES, HEALTH SCREENINGS, EKG'S, PFTS, AND OTHER SERVICES TRAVELING THROUGHOUT THE REGION. - INCREASING ACCESS TO FRESH, HEALTHY FOODS THROUGH SPONSORSHIP OF THE BOYD, CARTER, GREENUP COUNTIES IN KY AND LAWRENCE COUNTY OH FARMERS MARKETS.- INCREASING BLOOD DONATION THROUGH PARTNERSHIPS WITH THE KENTUCKY BLOOD CENTER AND THE RED CROSS. - DONATING FOOD TO LOCAL FOOD BANKS TO ADDRESS THE FOOD INSECURITY ISSUE IN OUR AREA.- PROVIDING FREE TRANSPORTATION TO HEALTH CARE VISITS FOR INDIVIDUALS THAT LACK DEPENDABLE TRANSPORTATION. - PROVIDING MEALS ON WHEELS SERVICES IN SEVERAL BOYD AND GREENUP COUNTY COMMUNITIES FOR FREE TO INDIVIDUALS LIVING BELOW THE POVERTY LINE AND AT AN AFFORDABLE COST TO INDIVIDUALS THAT CAN AFFORD TO PAY. - SPONSORING AND PARTNERING WITH DOZENS OF OTHER ORGANIZATIONS TO HELP FURTHER EDUCATIONAL OPPORTUNITIES, PHYSICAL ACTIVITY, SOCIAL INTERACTION AND ECONOMIC DEVELOPMENT IN THE COMMUNITIES WE SERVE.


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Board, Officers & Key Employees

Name (title)Compensation
David Jones
Board Chairman
$0
Dr Mark Newman
Board Vice-Chairman
$0
John Stewart
Director
$0
Tom Burnette
Director
$0
Stephen Addington
Director
$0
Eric Monday
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Riverside Anesthesia
Anesthesia Services
$8,847,101
Harris Brothers Roofing Co
Construction Services
$1,323,395
Obhg Kentucky Psc
Hospitalists
$1,281,519
Emcare Inc
Emergency Room Physicians
$842,979
Bass Berry & Sims Plc
Consultants
$738,093
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$9,478,565
Investment income $4,853,979
Tax Exempt Bond Proceeds $5
Royalties $0
Net Rental Income $339,036
Net Gain/Loss on Asset Sales $21,428,774
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $734,768,924

Grants Awarded

Over the last fiscal year, Ashland Hospital Corporation has awarded $464,169 in support to 18 organizations.

Grant RecipientAmount

THE COMMUNITY & TECHNICAL COLLEGE FOUNDATION OF ASHLAND INC

PURPOSE: SUPPORT OF 2 NURSING AND 1 RADIOLOGY TECH FACULTY POSITIONS

$152,200

ASHLAND COMMUNITY KITCHEN

PURPOSE: PROVIDE FOOD TO SENIOR CITIZENS IN OUR COMMUNITY THROUGH MEALS ON WHEELS

$27,789

RIVER CITIES HARVEST

PURPOSE: FOODBANK SUPPORT

$77,457

SUMMER MOTION INC

PURPOSE: SPONSORSHIP OF COMMUNITY EVENT

$15,000

NEIGHBORS HELPING NEIGHBORS

PURPOSE: SPONSORSHIP OF FUNDRAISING EVENTS

$6,000

PARAMOUNT ARTS CENTER

PURPOSE: SPONSORSHIP OF FUNDRAISING EVENTS

$14,000
View Grant Profile

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Ashland Hospital Corporation
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$734,768,924

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