Kentucky Hospital Association
- Assets
- $39.2m
- Revenue
- $18.9m
- Investments
- $0.0
- Employees
- 31
- Location
- Louisville, KY
- Founding
- 01/1962
- Data as of
- 06/2022
- EIN
- 61-0574577
Organization Overview
Kentucky Hospital Association is located in Louisville, KY. The organization was established in 1962. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 06/2022, Kentucky Hospital Association employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Hospital Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Kentucky Hospital Association generated $18.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $10.9m during the year ending 06/2022. While expenses have increased by 7.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
REPRESENT AND PROVIDE SERVICES TO KY HOSPITALS THAT ARE ACCOUNTABLE AND ORIENTED TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ON THE FEDERAL LEVEL, CONTINUED TO MONITOR AND ANALYZE LEGISLATION AND REGULATIONS AFFECTING HOSPITALS AND PROVIDED COMMENTS ON HOSPITAL-RELATED REGULATIONS AND INFORMED THE MEMBERSHIP. MONITORED AND PROVIDED COMMENTS ON CENTERS FOR MEDICARE & MEDICAID SERVICES (CMS) OUTPATIENT AND INPATIENT PROSPECTIVE PAYMENT SYSTEM RULES AND WAGE INDEX CHANGES.ON AN ON-GOING BASIS, KHA WORKS WITH THE KENTUCKY CABINET FOR HEALTH AND FAMILY SERVICES ON ISSUES RELATED TO THE KENTUCKY MEDICAID PROGRAM AND THE MEDICAID MANAGED CARE ORGANIZATIONS ("MCO") RELEVANT TO A MEDICAID 1115 WAIVER PROPOSAL, EMERGENCY ROOM TRIAGE FEES, MENTAL HEALTH PARITY AND VARIOUS ADMINISTRATIVE PROCEDURES. MONTHLY MEETINGS BETWEEN MEMBERS AND MEDICAID MCOS CONTINUE TO ADDRESS PROBLEMS HOSPITALS EXPERIENCE WITH MANAGED CARE. EFFORTS CONTINUE WITH THE DEPARTMENT FOR MEDICAID SERVICES TO MODEL A NEW DISPROPORTIONATE SHARE SYSTEM FOR HOSPITAL PAYMENTS.KHA MAINTAINED THE STATE DATA CONTRACT FOR COLLECTION OF BOTH INPATIENT AND OUTPATIENT DATA AND CONTINUED THE KENTUCKY BIRTH SURVEILLANCE CONTRACT. REPORTS ARE PRODUCED UTILIZING THE DATA INCLUDING REPORTS TO ASSIST HOSPITALS IN ADDRESSING HOSPITAL READMISSIONS AND DASHBOARD REPORTS DESIGNED TO PROVIDE A HOSPITAL-SPECIFIC SUMMARY FOR EACH MEMBER.THE ECONOMIC IMPACT STUDY FOR EACH KENTUCKY HOSPITAL, WHICH DEMONSTRATES THE VALUE OF THE HOSPITAL TO ITS COMMUNITY, WAS UPDATED. PROVIDED EDUCATIONAL, INFORMATIONAL AND NETWORKING FORUMS FOR MEMBERS TO DISCUSS CURRENT ISSUES OF INTEREST TO MEMBERS. PREPARED ANDDISTRIBUTED INFORMATION TO MEMBERS ON CURRENT HEALTH CARE TOPICS.THE KENTUCKY CABINET FOR HEALTH AND FAMILY SERVICES RECEIVED APPROVAL FROM CMS FOR THE HOSPITAL RATE IMPROVEMENT PROGRAM ("HRIP"). HRIP IS A MODEL THAT INCREASES INPATIENT MEDICAID PAYMENTS TO HOSPITALS. KHA IS THE THIRD-PARTY ADMINISTRATOR ("TPA") FOR THE HRIP FUNDS THAT THE HOSPITALS RECEIVE.PROVIDE OVERSIGHT AND SUPPORT STAFF SERVICES FOR THE ACTIVITIES OF THE KENTUCKY HOSPITAL RESEARCH AND EDUCATION FOUNDATION ("KHREF") AND KENTUCKY INSTITUTE FOR PATIENT SAFETY AND QUALITY ("KIPSQ").MONITOR AND PROVIDE COMMENTS AND RECOMMENDATIONS ON KENTUCKY LAWS AND REGULATIONS THAT HAVE AN IMPACT ON HOSPITALS AND HEALTH CARE. KEEP MEMBERS INFORMED REGARDING COMPLIANCE WITH KENTUCKY HEALTH STATUTES.
ON THE FEDERAL LEVEL, CONTINUED TO MONITOR AND ANALYZE LEGISLATION AND REGULATIONS AFFECTING HOSPITALS AND PROVIDED COMMENTS ON HOSPITAL-RELATED REGULATIONS AND INFORMED THE MEMBERSHIP. MONITORED AND PROVIDED COMMENTS ON CENTERS FOR MEDICARE & MEDICAID SERVICES (CMS) OUTPATIENT AND INPATIENT PROSPECTIVE PAYMENT SYSTEM RULES AND WAGE INDEX CHANGES.ON AN ON-GOING BASIS, KHA WORKS WITH THE KENTUCKY CABINET FOR HEALTH AND FAMILY SERVICES ON ISSUES RELATED TO THE KENTUCKY MEDICAID PROGRAM AND THE MEDICAID MANAGED CARE ORGANIZATIONS ("MCO") RELEVANT TO A MEDICAID 1115 WAIVER PROPOSAL, EMERGENCY ROOM TRIAGE FEES, MENTAL HEALTH PARITY AND VARIOUS ADMINISTRATIVE PROCEDURES. MONTHLY MEETINGS BETWEEN MEMBERS AND MEDICAID MCOS CONTINUE TO ADDRESS PROBLEMS HOSPITALS EXPERIENCE WITH MANAGED CARE. EFFORTS CONTINUE WITH THE DEPARTMENT FOR MEDICAID SERVICES TO MODEL A NEW DISPROPORTIONATE SHARE SYSTEM FOR HOSPITAL PAYMENTS.KHA MAINTAINED THE STATE DATA CONTRACT FOR COLLECTION OF BOTH INPATIENT AND OUTPATIENT DATA AND CONTINUED THE KENTUCKY BIRTH SURVEILLANCE CONTRACT. REPORTS ARE PRODUCED UTILIZING THE DATA INCLUDING REPORTS TO ASSIST HOSPITALS IN ADDRESSING HOSPITAL READMISSIONS AND DASHBOARD REPORTS DESIGNED TO PROVIDE A HOSPITAL-SPECIFIC SUMMARY FOR EACH MEMBER.THE ECONOMIC IMPACT STUDY FOR EACH KENTUCKY HOSPITAL, WHICH DEMONSTRATES THE VALUE OF THE HOSPITAL TO ITS COMMUNITY, WAS UPDATED. PROVIDED EDUCATIONAL, INFORMATIONAL AND NETWORKING FORUMS FOR MEMBERS TO DISCUSS CURRENT ISSUES OF INTEREST TO MEMBERS. PREPARED ANDDISTRIBUTED INFORMATION TO MEMBERS ON CURRENT HEALTH CARE TOPICS.KY CHFS MAKES VALUE BASED MANAGED CARE PAYMENTS TO HOSPITALS. KHA ADMINISTERS THOSE PAYMENTS TO THE HOSPITALS.PROVIDE OVERSIGHT AND SUPPORT STAFF SERVICES FOR THE ACTIVITIES OF THE KENTUCKY HOSPITAL RESEARCH AND EDUCATION FOUNDATION ("KHREF") AND KENTUCKY INSTITUTE FOR PATIENT SAFETY AND QUALITY ("KIPSQ").MONITOR AND PROVIDE COMMENTS AND RECOMMENDATIONS ON KENTUCKY LAWS AND REGULATIONS THAT HAVE AN IMPACT ON HOSPITALS AND HEALTH CARE. KEEP MEMBERS INFORMED REGARDING COMPLIANCE WITH KENTUCKY HEALTH STATUTES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Galvagni President | OfficerTrustee | 28 | $675,591 |
Hollie Harris Phillips Trustee | Trustee | 0.3 | $500 |
Gerard Colman Trustee | Trustee | 0.3 | $500 |
Anthony Houston Trustee | Trustee | 0.3 | $0 |
Cherie Sibley Trustee | Trustee | 0.3 | $0 |
Doug Winkelhake Trustee | Trustee | 0.3 | $500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Barnett Benvenuti & Butler Legal Services | 6/29/22 | $208,463 |
Healthcare Stragegy Group Llc Consulting Services | 6/29/22 | $175,234 |
Dressman Benzinger Lavelle Psc Legal Services | 6/29/22 | $150,338 |
Iowa Hospital Association Data Services | 6/29/22 | $123,500 |
Flexential Data Services | 6/29/22 | $116,609 |
Barnett Benvenuti & Butler Legal Services | 6/29/22 | $208,463 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $16,345,850 |
| Investment income | $402,467 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,515 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,918,152 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000,000 |
| 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. | $717,014 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,608,352 |
| Pension plan accruals and contributions | $229,333 |
| Other employee benefits | $193,488 |
| Payroll taxes | $254,910 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $310,333 |
| Fees for services: Accounting | $30,558 |
| Fees for services: Lobbying | $141,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,954 |
| Fees for services: Other | $771,481 |
| Advertising and promotion | $0 |
| Office expenses | $37,058 |
| Information technology | $55,546 |
| Royalties | $0 |
| Occupancy | $141,553 |
| Travel | $100,661 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $132,635 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,280 |
| Insurance | $80,127 |
| All other expenses | $0 |
| Total functional expenses | $10,893,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $9,173,314 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,244 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $87,815 |
| Net Land, buildings, and equipment | $27,355 |
| Investments—publicly traded securities | $18,603,939 |
| Investments—other securities | $0 |
| Investments—program-related | $5,433,474 |
| Intangible assets | $0 |
| Other assets | $5,888,059 |
| Total assets | $39,246,700 |
| Accounts payable and accrued expenses | $1,122,159 |
| Grants payable | $0 |
| Deferred revenue | $1,058,204 |
| 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 | $3,502,601 |
| Total liabilities | $5,682,964 |
| Net assets without donor restrictions | $33,563,736 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $39,246,700 |
Grants Awarded
Over the last fiscal year, Kentucky Hospital Association has awarded $63,666 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BAPTIST HEALTH LA GRANGE PURPOSE: K-HIIN INNOVATION | $6,000 |
BRECKINRIDGE MEMORIAL HOSPITAL PURPOSE: K-HIIN INNOVATION | $9,999 |
CALDWELL MEDICAL CENTER PURPOSE: K-HIIN INNOVATION | $9,999 |
MURRAY-CALLOWAY COUNTY HOSPITAL PURPOSE: K-HIIN INNOVATION | $7,920 |
OUR LADY OF PEACE PURPOSE: K-HIIN INNOVATION | $9,750 |
ST ELIZABETH HEALTHCARE EDGEWOOD PURPOSE: K-HIIN INNOVATION | $9,999 |