Fort Sanders Regional Medical Center is located in Knoxville, TN. The organization was established in 2007. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Fort Sanders Regional Medical Center employed 2,354 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Sanders 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 12/2023, Fort Sanders Regional Medical Center generated $399.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $411.5m during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FORT SANDERS REGIONAL MEDICAL CENTER IS A 541-BED FULL SERVICE ACUTE CARE HOSPITAL LOCATED IN THE FORT SANDERS COMMUNITY OF DOWNTOWN KNOXVILLE, TENNESSEE. IT IS A MEMBER OF THE COVENANT HEALTH SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORT SANDERS REGIONAL MEDICAL CENTER ("FORT SANDERS REGIONAL") TRACES ITS BEGINNINGS TO MAY 1919, WHEN A GROUP OF PHYSICIANS RECEIVED A CHARTER FROM THE STATE OF TENNESSEE FOR A NEW HOSPITAL TO BE BUILT ON THE SITE OF THE CIVIL WAR BATTLE OF FORT SANDERS. FORT SANDERS REGIONAL HAS GROWN THROUGHOUT ITS 100+ YEAR HISTORY TO INCLUDE 45 MEDICAL SPECIALTIES. THE HOSPITAL HAS 468 ACUTE CARE BEDS, INCLUDING THE 22-BED PATRICIA NEAL REHABILITATION HOSPITAL, AND 24 BEDS IN THE FORT SANDERS TRANSITIONAL CARE UNIT. SERVICETHE HOSPITAL IS KNOWN FOR EXCELLENCE IN STROKE CARE, NEUROSCIENCES, CARDIOLOGY, SURGERY, ONCOLOGY, ORTHOPEDICS, OBSTETRICS, BARIATRICS, AND REHABILITATION MEDICINE. IN 2023, FORT SANDERS REGIONAL RECEIVED AN "A" HOSPITAL SAFETY GRADE FROM THE LEAPFROG GROUP. THIS NATIONAL DISTINCTION CELEBRATES FORT SANDERS REGIONAL'S ACHIEVEMENTS IN PATIENT SAFETY. ADDITIONALLY, FORT SANDERS TRANSITIONAL CARE UNIT RECEIVED A 5-STAR OVERALL RATING BY THE CENTERS FOR MEDICARE AND MEDICAID SERVICES.FORT SANDERS REGIONAL SERVED 225,345 PATIENTS IN 2023. OF THESE, 206,299 WERE OUTPATIENTS AND 19,046 WERE INPATIENTS, WITH AN AVERAGE LENGTH-OF-STAY OF 5.02 DAYS.PUTTING PATIENTS FIRSTAS A NEUROSCIENCE AND REHABILITATION CENTER OF EXCELLENCE, FORT SANDERS REGIONAL IS COMMITTED TO PROVIDING THE LATEST ADVANCEMENTS FOR NEUROLOGICAL CARE, INCLUDING STEREOTACTIC NEUROSURGERY AND NEURO-INTERVENTIONAL RADIOLOGY. WHEN COUPLED WITH THE COMPREHENSIVE SERVICES OF THE PATRICIA NEAL REHABILITATION HOSPITAL, THE NEUROSCIENCE AND REHABILITATION PROGRAMS PROVIDE SERVICES TO OPTIMIZE CLINICAL AND FUNCTIONAL PATIENT OUTCOMES.NEUROLOGIC TECHNOLOGY AT THE HOSPITAL INCLUDES AN INNOVATIVE 3D-IMAGING SYSTEM THAT USES GLOBAL POSITIONING TECHNOLOGY TO GIVE PHYSICIANS REAL-TIME VIEWS INSIDE THE BODY WITHOUT RADIATION, WHILE FACILITATING LESS INVASIVE AND MORE PRECISE SURGERIES. FORT SANDERS REGIONAL ALSO OFFERS DIAGNOSIS AND TREATMENT OF EPILEPSY, ALZHEIMER'S DISEASE, DEMENTIA, PARKINSON'S DISEASE AND MULTIPLE SCLEROSIS.FORT SANDERS REGIONAL CONTINUED TO INVEST IN TECHNOLOGY AND SERVICES TO CARE FOR THE PEOPLE OF EAST TENNESSEE. IN 2023, THE HOSPITAL GREW THE UTILIZATION OF A NEW ROBOTIC-ASSISTED BRONCHOSCOPY PLATFORM FOR MINIMALLY INVASIVE LUNG BIOPSIES. THIS TECHNOLOGY IS THE FIRST OF ITS KIND IN EAST TENNESSEE AND ALLOWS SPECIALLY TRAINED FORT SANDERS REGIONAL PHYSICIANS TO OBTAIN TISSUE SAMPLES IN DEEP REGIONS OF THE LUNG, WHERE MANY EARLY-STAGE TUMORS ARE FOUND.FORT SANDERS REGIONAL IS DESIGNATED BY THE JOINT COMMISSION AS A COMPREHENSIVE STROKE AND REHABILITATION CENTER OF EXCELLENCE SPECIALIZING IN THE ACUTE MANAGEMENT OF STROKES, INCLUDING ADVANCED TREATMENT AND RESEARCH. FORT SANDERS REGIONAL IS THE HUB OF COVENANT HEALTH'S STROKE HOSPITAL NETWORK, WHICH LINKS COVENANT HEALTH'S MEMBER HOSPITALS IN PROVIDING ACCESS TO COLLABORATIVE, RAPID, ADVANCED STROKE CARE THROUGHOUT OUR REGION. FORT SANDERS REGIONAL HAS ALSO BEEN HOME TO THE PATRICIA NEAL REHABILITATION CENTER ("PNRC"), AN AWARD-WINNING REHABILITATION CENTER WHICH SERVED MORE THAN 600 INPATIENTS ANNUALLY. PNRC WAS EAST TENNESSEE'S RECOGNIZED LEADER IN HELPING STROKE, SPINAL CORD, BRAIN INJURY, AND ORTHOPEDIC PATIENTS REBUILD THEIR LIVES. OPENED IN 1978, PNRC OFFERED A COMPREHENSIVE TEAM APPROACH TO CARE AND PROVIDED AN ARRAY OF INPATIENT AND OUTPATIENT SERVICES THAT OTHERWISE WOULD HAVE BEEN UNAVAILABLE IN THE COMMUNITY.IN 2020, COVENANT HEALTH ANNOUNCED A JOINT VENTURE WITH ENCOMPASS HEALTH FOR INPATIENT REHABILITATION SERVICES. PLANS INCLUDED A NEW 51-BED, FREESTANDING PATRICIA NEAL REHABILITATION HOSPITAL IN WEST KNOXVILLE TO SERVE PATIENTS RECOVERING FROM STROKES, NEUROLOGICAL DISORDERS, BRAIN INJURIES, SPINAL CORD INJURIES, LIMB LOSS AND COMPLEX ORTHOPEDIC CONDITIONS. IN ADDITION, PNRC AT FORT SANDERS REGIONAL WAS RENOVATED TO BE A 22-BED HOSPITAL-IN-HOSPITAL STRUCTURE NAMED PATRICIA NEAL REHABILITATION HOSPITAL- DOWNTOWN. BOTH FACILITIES OPENED IN FEBRUARY 2023. FORT SANDERS REGIONAL CONTINUES TO OFFER OUTPATIENT THERAPIES, NUMEROUS SPECIALIZED TREATMENT PROGRAMS AND PATIENT/FAMILY SUPPORT THROUGH THE HOSPITAL'S PATRICIA NEAL OUTPATIENT CENTER. IN 2022, FORT SANDERS REGIONAL EARNED A THREE-YEAR ACCREDITATION FROM THE NATIONAL ACCREDITATION PROGRAM FOR RECTAL CANCER (NAPRC), A QUALITY PROGRAM OF THE AMERICAN COLLEGE OF SURGEONS. IT IS THE FIRST HOSPITAL IN THE STATE TO RECEIVE THE ACCREDITATION.FORT SANDERS REGIONAL'S AWARD-WINNING HEART CENTER OFFERS COMPREHENSIVE CARDIOVASCULAR SERVICES THAT SPAN THE CONTINUUM OF HEART CARE, FROM TESTING AND ADVANCED DIAGNOSTICS TO INTERVENTIONAL TECHNOLOGIES, CARDIOVASCULAR SURGERIES, CLINICAL TRIALS AND CARDIAC REHABILITATION. FORT SANDERS REGIONAL IS ALSO RECOGNIZED FOR EXCELLENCE IN SURGERY. THE BARIATRIC SURGERY PROGRAM, WHICH HELPS PEOPLE WHO ARE MORBIDLY OBESE REVERSE OR ELIMINATE MEDICAL RISKS ASSOCIATED WITH OBESITY THROUGH SURGICAL TREATMENT, IS ACCREDITED AS A COMPREHENSIVE CENTER UNDER THE METABOLIC AND BARIATRIC SURGERY ACCREDITATION AND QUALITY IMPROVEMENT PROGRAM. FORT SANDERS REGIONAL HAS RECEIVED THE BLUE CROSS BLUESHIELD BLUE DISTINCTION DESIGNATION FOR BARIATRICS, SPINE SURGERY, KNEE AND HIP SURGERY, AND MATERNITY CARE. IN 2023, A TOTAL OF 11,588 PATIENTS UNDERWENT SURGERY AT FORT SANDERS REGIONAL IN SPECIALTY AREAS, INCLUDING:- CARDIOTHORACIC SURGERY- CARDIOVASCULAR SURGERY- COLON/RECTAL SURGERY- NEUROSURGERY- ORTHOPEDIC SURGERY- PLASTIC SURGERY -SINUS SURGERY AND OTHER EAR, NOSE, AND THROAT PROCEDURES- SURGICAL ONCOLOGY- THORACIC SURGERY- VASCULAR SURGERYFORT SANDERS REGIONAL ALSO OFFERS SURGICAL ONCOLOGY, THE SURGICAL MANAGEMENT OF CANCER. SURGICAL ONCOLOGISTS MAY SPECIALIZE IN THORACIC OR GYNECOLOGICAL PROCEDURES, ALONG WITH OTHER SUB-SPECIALTIES TO HELP CANCER PATIENTS. IMPROVING THE COMMUNITY'S QUALITY OF LIFE THROUGH BETTER HEALTHFORT SANDERS REGIONAL IS COMMITTED TO BUILDING A HEALTHY COMMUNITY THROUGH THESE AND OTHER INITIATIVES: - THE INNOVATIVE RECREATION COOPERATIVE OFFERS INNOVATIVE OPPORTUNITIES FOR INDIVIDUALS RECOVERING FROM DISABLING ILLNESSES OR INJURIES TO PARTICIPATE IN ADAPTIVE SPORTS AND RECREATIONAL ACTIVITIES.- FORT SANDERS REGIONAL'S BARIATRIC SURGERY SEMINARS AND SUPPORT GROUPS PROVIDE VITAL INFORMATION TO PATIENTS CONSIDERING BARIATRIC SURGERY AND OFFER PRE- AND POST-SURGICAL SUPPORT. - THE FORT SANDERS REGIONAL JOINT CENTER OFFERS JOINT REPLACEMENT EDUCATION OPPORTUNITIES PRIOR TO SURGERY.- THE STROKE, SPINAL CORD INJURY, BRAIN INJURY AND AMPUTEE SUPPORT GROUPS AT PATRICIA NEAL OUTPATIENT CENTER HELP PATIENTS AND FAMILIES HEAL BY BRINGING TOGETHER THOSE WITH COMMON EXPERIENCES WHO CAN PROVIDE GROUP MEMBERS WITH COMFORT, ENCOURAGEMENT AND ADVICE. - FORT SANDERS REGIONAL'S TEDDY BEAR UNIVERSITY CLASSES PROVIDE INFORMATION AND SUPPORT FOR NEW PARENTS, SIBLINGS AND GRANDPARENTS AS THEY WELCOME A NEW BABY. CLASS TOPICS INCLUDE PREGNANCY AND CHILDBIRTH, BREASTFEEDING AND MORE. FORT SANDERS REGIONAL IS RECOGNIZED AS A GOLD SAFE SLEEP HOSPITAL BY CRIBS FOR KIDS FOR PROVIDING EDUCATION AND VITAL INFORMATION ABOUT SAFE SLEEP TO THE PARENTS OF NEWBORNS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerald Boyd Director | Trustee | 0 | $0 |
Willard Campbell MD Director | Trustee | 0 | $0 |
Michael Casey MD Director | Trustee | 0 | $0 |
Ronni Chandler Fmr Director (through June 2023) | Trustee | 0 | $0 |
Mitchell Dickson MD Director | Trustee | 0 | $0 |
Stephanie Flood Director | Trustee | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Steris Corp Maintenance | 12/30/23 | $1,975,112 |
Medic Regional Blood Center Blood Processing Fees | 12/30/23 | $1,523,208 |
Knoxville Contracting Company Llc Equipment Repairs | 12/30/23 | $1,224,060 |
Linen King Linen Services | 12/30/23 | $1,168,255 |
Your Home Team Care Llc Patient Sitters | 12/30/23 | $1,135,281 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $101,616 |
Government grants | $62,905 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $627 |
Total Revenue from Contributions, Gifts, Grants & Similar | $164,521 |
Total Program Service Revenue | $395,258,221 |
Investment income | $86,696 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $407,293 |
Net Gain/Loss on Asset Sales | -$17,170 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $399,327,156 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
Grants and other assistance to domestic individuals. | $35,484 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $747,922 |
Compensation of current officers, directors, key employees. | $747,922 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $95,970,662 |
Pension plan accruals and contributions | $2,885,035 |
Other employee benefits | $9,425,418 |
Payroll taxes | $7,080,900 |
Fees for services: Management | $35,072,247 |
Fees for services: Legal | $7,025 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $83,406,233 |
Advertising and promotion | $161,336 |
Office expenses | $2,428,952 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $7,791,766 |
Travel | $66,626 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $99,631 |
Interest | $87,468 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $20,787,843 |
Insurance | $434,123 |
All other expenses | $6,096,950 |
Total functional expenses | $411,529,829 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$245,272 |
Savings and temporary cash investments | -$1,609,033 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $46,167,028 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $5,831,110 |
Prepaid expenses and deferred charges | $1,849,822 |
Net Land, buildings, and equipment | $207,125,865 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $12,350,526 |
Total assets | $271,470,046 |
Accounts payable and accrued expenses | $26,908,027 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $13,103,731 |
Total liabilities | $40,011,758 |
Net assets without donor restrictions | $231,458,288 |
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 | $271,470,046 |
Over the last fiscal year, Fort Sanders Regional Medical Center has awarded $87,993 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
THOMPSON CANCER SURVIVAL CENTER PURPOSE: Fellowship Center and patient support.Operating subsidy for Fellowship Center | $75,193 |
FORT SANDERS FOUNDATION PURPOSE: General support | $12,800 |