Norton Hospitals Inc

Organization Overview

Norton Hospitals Inc is located in Louisville, KY. The organization was established in 1970. 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 12/2023, Norton Hospitals Inc employed 12,838 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norton Hospitals Inc 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 12/2023, Norton Hospitals Inc generated $3.0b in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $2.6b during the year ending 12/2023. While expenses have increased by 6.8% 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

NORTON HOSPITALS, INC.'S PURPOSE IS TO PROVIDE QUALITY HEALTH CARE TO ALL THOSE WE SERVE, IN A MANNER THAT RESPONDS TO THE NEEDS OF OUR COMMUNITIES AND FAITH HERITAGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NORTON HOSPITALS, INC. (NHI) WAS FORMED TO: I) PROVIDE ON A NONPROFIT BASIS, HOSPITAL OR HEALTH CARE FACILITIES AND SERVICES FOR THE CARE AND TREATMENT OF ILL AND INJURED PERSONS AND THOSE WHO OTHERWISE REQUIRE MEDICAL CARE AND RELATED SERVICES OF THE KIND CUSTOMARILY FURNISHED MOST EFFECTIVELY BY HOSPITALS OR HEALTH CARE FACILITIES; II) CONDUCT EDUCATIONAL ACTIVITIES RELATED TO RENDERING CARE TO THE SICK AND INJURED; III) PROMOTE AND CONDUCT SCIENTIFIC RESEARCH RELATED TO THE CARE OF THE SICK AND INJURED. NHI HAS A TOTAL OF 1,907 LICENSED BEDS, NORTON HOSPITAL - 605 BEDS; NORTON CHILDREN'S HOSPITAL - 300 BEDS; NORTON AUDUBON HOSPITAL - 432 BEDS; NORTON WOMEN'S AND CHILDREN'S HOSPITAL - 373 BEDS; AND NORTON BROWNSBORO HOSPITAL - 197 BEDS. THESE HOSPITALS OPERATE TWENTY-FOUR (24) HOURS A DAY, SEVEN (7) DAYS A WEEK. IN 2023, NHI'S HOSPITALS, DIAGNOSTIC CENTERS AND NORTON CANCER INSTITUTE SERVED 67,543 INPATIENTS, 699,244 OUTPATIENTS, 261,014 EMERGENCY DEPARTMENT VISITS, AND 34,907 OBSERVATION CASES. IN ADDITION, NHI'S OPERATING ROOMS CARED FOR 16,908 INPATIENT SURGICAL PATIENTS AND 41,152 OUTPATIENT SURGICAL PATIENTS. ADDITIONALLY, 8,477 DELIVERIES WERE PERFORMED AT NHI BIRTHING CENTERS. AS PART OF OUR COMMITMENT TO IMPROVING THE HEALTH OF OUR COMMUNITY, NHI PROVIDES FUNDING FOR A WIDE ARRAY OF LIFESAVING AND LIFE-ENHANCING SERVICES THAT BENEFIT THE COMMUNITIES WE SERVE. IN 2023, UNDER ITS CHARITY CARE PROGRAM, NHI PROVIDED FREE CARE TO 4,407 PATIENTS, AT A COST OF $21.1 MILLION. ALSO, NORTON HEALTHCARE, INC. (NHC), PARENT COMPANY OF NHI, GRANTS A DISCOUNT FROM BILLED CHARGES TO ANY PATIENTS WHO HAVE NO ACCESS TO PRIVATE HEALTH INSURANCE OR DO NOT QUALIFY FOR GOVERNMENT ASSISTANCE OR CHARITY CARE. UNDER THIS PROGRAM, 6,812 PATIENTS WERE PROVIDED CARE AT DISCOUNTED RATES. ANOTHER CONTRIBUTION TO THE COMMUNITY WAS EDUCATIONAL SUPPORT OF $76.1 MILLION, PRIMARILY TO THE UNIVERSITY OF LOUISVILLE (UOFL) SCHOOL OF MEDICINE. COMMUNITY HEALTH IMPROVEMENT SERVICES TOTALED $48 MILLION AND CONTRIBUTIONS TO COMMUNITY GROUPS WERE $2.3 MILLION. NHC PROVIDES PROGRAMMATIC SUPPORT TO THE UOFL SCHOOL OF MEDICINE THROUGH FUNDING AND FACILITIES. DURING THE 2023 CALENDAR YEAR, 206 RESIDENTS COMPLETED CLINICAL ROTATIONS IN 53 SPECIALTIES AT NHC FACILITIES. RESIDENCY PROGRAMS ARE PART OF THE $76.1 MILLION IN EDUCATIONAL SUPPORT AND CLINICAL FUNDING PROVIDED TO THE MEDICAL SCHOOL.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
President & Ceo/trustee
$0
Name Not Listed
Trustee
$0
Name Not Listed
Vice Chair
$0
Name Not Listed
Trustee
$0
Name Not Listed
Chair
$0
Name Not Listed
Trustee (partial Year)
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Northstar Anesthesia Of Ky Ii Pllc
Anesthesia Services
$14,070,944
Anesthesia Services Of Ky Pllc
Anesthesia Services
$7,942,706
Pediatric Anesthesia Assoc
Anesthesia Services
$13,283,623
Messer Construction Co
Construction
$8,244,888
Morrison Management Specialist
Food Service
$7,296,954
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$7,071,458
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $156,562
Total Revenue from Contributions, Gifts, Grants & Similar$7,071,458
Total Program Service Revenue$2,985,477,061
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$439,958
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 $2,999,781,942

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