Shelby County Health Care Corporation
- Assets
- $363.2m
- Revenue
- $654.6m
- Investments
- $0.0
- Employees
- 4,065
- Location
- Memphis, TN
- Founding
- 01/2007
- Data as of
- 06/2022
- EIN
- 62-1113169
Organization Overview
Shelby County Health Care Corporation, operating under the name Regional One Health, is located in Memphis, TN. The organization was established in 2007. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. As of 06/2022, Regional One Health employed 4,065 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regional One Health 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 06/2022, Regional One Health generated $654.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $686.6m during the year ending 06/2022. While expenses have increased by 6.8% 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
HEALTHCARE DELIVERY OPERATING A PUBLIC CHARITY HOSPITAL PROVIDING INPATIENT AND OUTPATIENT SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHELBY COUNTY HEALTH CARE CORPORATION, DBA REGIONAL ONE HEALTH, IS A HEALTHCARE ORGANIZATION PROVIDING ACCESSIBLE, EFFICIENT QUALITY HEALTHCARE TO INDIVIDUALS FROM A FIVE-STATE REGION WITHIN 150 MILES OF THE MEMPHIS AREA. REGIONAL ONE HEALTH PROVIDES ACCESS TO THE ONLY LEVEL I TRAUMA CENTER TO PATIENTS WITHIN 150 MILES OF MEMPHIS, AND IS THE SAFETY NET TO THE REGION. PROVIDING INPATIENT AND OUTPATIENT SERVICES, REGIONAL ONE HEALTH IS ANCHORED BY FIVE HIGHLY RESPECTED CENTERS OF EXCELLENCE: TRAUMA, BURN, WOUND CARE, NEONATAL/PERINATAL AND HIGH RISK OBSTETRICS. REGIONAL ONE HEALTH IS A MAJOR TEACHING SITE FOR THE UNIVERSITY OF TENNESSEE HEALTH SCIENCES CENTER, TRAINING MORE THAN HALF OF THE DOCTORS IN TENNESSEE. IN FISCAL YEAR 2022, THERE WERE: 13,727 DISCHARGES; 1,735 NORMAL NEWBORN DISCHARGES; 772 HIGH RISK NEWBORN DISCHARGES; 190,660 OUTPATIENT VISITS; 11,312 TRAUMA VISITS; AND 38,072 OTHER EMERGENCY ROOM VISITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David T Popwell Chariman | Trustee | 1 | $0 |
Ronald Coleman Vice Chair | Trustee | 1 | $0 |
Joshua Lipman Secretary | Trustee | 1 | $0 |
Ken Brown Director | Trustee | 1 | $0 |
Pam Brown Director | Trustee | 1 | $0 |
James Freeman MD Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
University Clinical Health Finance And A Physician Services | 6/29/22 | $8,843,428 |
Employee Health Network Holding Llc Healthcare Services | 6/29/22 | $8,408,647 |
Semmes Murphey Clinic Healthcare Services | 6/29/22 | $1,986,587 |
Medtronic Sofamor Danek Technology Services | 6/29/22 | $2,473,621 |
Ecg Management Consultants Management Services | 6/29/22 | $1,687,441 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $52,411,997 |
| 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 | $52,411,997 |
| Total Program Service Revenue | $522,001,333 |
| Investment income | $1,800,419 |
| 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 | $654,597,716 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,200,000 |
| 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. | $2,144,960 |
| Compensation of current officers, directors, key employees. | $1,388,931 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $212,348,112 |
| Pension plan accruals and contributions | $3,477,508 |
| Other employee benefits | $15,357,164 |
| Payroll taxes | $14,808,028 |
| Fees for services: Management | $8,497,915 |
| Fees for services: Legal | $419,283 |
| Fees for services: Accounting | $423,642 |
| Fees for services: Lobbying | $314,628 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,401,968 |
| Advertising and promotion | $1,220,656 |
| Office expenses | $488,271 |
| Information technology | $16,431,257 |
| Royalties | $0 |
| Occupancy | $22,325,470 |
| Travel | $134,127 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $141,297 |
| Interest | $1,938,579 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,677,528 |
| Insurance | $1,831,328 |
| All other expenses | $55,629,575 |
| Total functional expenses | $686,649,911 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,164,534 |
| Savings and temporary cash investments | $12,193,605 |
| Pledges and grants receivable | $524,603 |
| Accounts receivable, net | $133,923,842 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,874,736 |
| Prepaid expenses and deferred charges | $8,447,809 |
| Net Land, buildings, and equipment | $90,980,697 |
| Investments—publicly traded securities | $38,440,958 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,639,255 |
| Total assets | $363,190,039 |
| Accounts payable and accrued expenses | $67,381,590 |
| Grants payable | $0 |
| Deferred revenue | $1,920,121 |
| 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 | $111,867,757 |
| Total liabilities | $181,169,468 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $19,999,590 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $162,020,981 |
| Total liabilities and net assets/fund balances | $363,190,039 |