Fort Loudoun Medical Center is located in Knoxville, TN. The organization was established in 1990. 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 12/2021, Fort Loudoun Medical Center employed 307 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Loudoun 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 12/2021, Fort Loudoun Medical Center generated $41.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $37.9m during the year ending 12/2021. While expenses have increased by 1.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FORT LOUDOUN MEDICAL CENTER IS A 50-BED FULL SERVICE, ACUTE CARE HOSPITAL LOCATED IN LOUDON COUNTY, TENNESSEE. IT IS A MEMBER OF THE COVENANT HEALTH SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORT LOUDOUN MEDICAL CENTER HAS BEEN LOCATED IN LENOIR CITY, TENNESSEE, SINCE 2004, AFTER SERVING THE AREA FROM A PREVIOUS LOCATION IN LOUDON COUNTY FOR MANY YEARS. SERVICEFORT LOUDOUN MEDICAL CENTER IS KNOWN FOR QUALITY AND SAFETY AND HAS EARNED ACCOLADES FOR TOP PERFORMANCE ON CORE MEASURES FOR INPATIENT CARE. THE MEDICAL CENTER IS IN THE TOP 10 PERCENT OF HOSPITALS NATIONWIDE IN THE PREVENTION OF HOSPITAL-ACQUIRED INFECTIONS. THE MEDICAL CENTER IS CERTIFIED BY THE JOINT COMMISSION AS AN ADVANCED PRIMARY STROKE CENTER. AS PART OF COVENANT HEALTH'S STROKE HOSPITAL NETWORK, FORT LOUDOUN MEDICAL CENTER PROVIDES RAPID DIAGNOSIS AND TREATMENT OF STROKE. IN 2021, THE HOSPITAL SAW 63,666 PATIENTS. OF THESE, 61,369 WERE OUTPATIENTS AND 2,297 WERE INPATIENTS WITH AN AVERAGE LENGTH-OF-STAY OF 4.37 DAYS. PUTTING PATIENTS FIRSTFORT LOUDOUN MEDICAL CENTER DESCRIPTIVE HIGHLIGHTS - 87,000-SQUARE-FOOT FACILITY, WITH AN ADJACENT TWO-STORY MEDICAL OFFICE BUILDING - 50 BEDS WITH BEDSIDE CHARTING TECHNOLOGY - STATE-OF-THE-ART IMAGING: X-RAY, CT, MRI AND NUCLEAR MEDICINE. THE HOSPITAL'S PICTURE ARCHIVING AND COMMUNICATIONS SYSTEM (PACS) ALLOWS FOR DIGITAL CAPTURE, STORAGE AND TRANSMISSION OF MEDICAL IMAGES - EMERGENCY DEPARTMENT WITH 12 PRIVATE SUITES, OPEN 24/7, 365 DAYS A YEAR - SURGICAL SUITES FOR ENDOSCOPY; EAR, NOSE AND THROAT; GYNECOLOGY; OPHTHALMOLOGY; ORTHOPEDIC; PODIATRY; PULMONOLOGY, AND GENERAL NON-INVASIVE PROCEDURES - WOMEN'S IMAGING DEPARTMENT OFFERS MAMMOGRAPHY, ULTRASOUND AND BONE DENSITY TESTING - PRIVATE FAMILY WAITING AREAS IN EACH UNIT - CENTRAL REGISTRATION AREA - SPACIOUS PRIVATE AND SEMI-PRIVATE ROOMS - HELIPAD FOR EMERGENCY TRANSPORTATION - PHYSICIANS REPRESENTING VARIOUS MEDICAL SPECIALTIES PROVIDE A GROWING COMMUNITY WITH INCREASED ACCESS TO CONVENIENT, LOCAL CARE.IMPROVING THE COMMUNITY'S QUALITY OF LIFE THROUGH BETTER HEALTHBECAUSE OF COVID-19, MANY OF FORT LOUDOUN'S COMMUNITY-FOCUSED HEALTH EVENTS WERE PUT ON HOLD. PREVIOUSLY, HOSPITAL STAFF, INCLUDING THE CHIEF ADMINISTRATIVE OFFICER AND CHIEF NURSING OFFICER, PROVIDED STROKE EDUCATION TO THE COMMUNITY THROUGH TOURS AND LUNCHEONS OFFERED AT THE HOSPITAL AS WELL AS EXTERNAL PRESENTATIONS TO CHURCHES, SCHOOLS, NEIGHBORHOODS, FIRE DEPARTMENTS, EMS, AND LOCAL ORGANIZATIONS. FORT LOUDOUN MEDICAL CENTER COLLABORATED WITH LOCAL SCHOOLS TO PROVIDE TOBACCO EDUCATION TO STUDENTS, OFFERING HEALTH-RELATED INFORMATION TO STUDENTS WHO ARE CAUGHT USING TOBACCO PRODUCTS ON SCHOOL PROPERTY.FRIDAY FITNESS, A LOCAL HIKING PROGRAM THROUGH COVENANT HEALTH, PROVIDED QUARTERLY COMMUNITY HIKES THROUGHOUT THE YEAR. FORT LOUDOUN LOOKS FORWARD TO RESUMING THESE COMMUNITY EVENTS.COVENANT HEALTH FORT LOUDOUN MEDICAL CENTER IS A MEMBER OF COVENANT HEALTH. COVENANT HEALTH IS A COMPREHENSIVE, COMMUNITY-OWNED HEALTH SYSTEM DEDICATED TO IMPROVING THE HEALTH OF THE PEOPLE IT SERVES. ESTABLISHED IN 1996 BY THE CONSOLIDATION OF FORT SANDERS HEALTH SYSTEM, KNOXVILLE, TENNESSEE, AND MMC HEALTHCARE SYSTEM IN OAK RIDGE, COVENANT HEALTH IS GOVERNED BY A VOLUNTARY BOARD OF DIRECTORS COMPRISED OF COMMUNITY LEADERS AND MEDICAL PROFESSIONALS. WITH MORE THAN 11,000 EMPLOYEES, AFFILIATED PHYSICIANS AND VOLUNTEERS, COVENANT HEALTH IS THE KNOXVILLE AREA'S LARGEST EMPLOYER AND HAS BEEN NAMED A BEST EMPLOYER SEVEN TIMES BY FORBES. COVENANT HEALTH INCLUDES NINE ACUTE CARE HOSPITALS IN EAST TENNESSEE: METHODIST MEDICAL CENTER OF OAK RIDGE, FORT SANDERS REGIONAL MEDICAL CENTER AND PARKWEST MEDICAL CENTER IN KNOXVILLE, FORT LOUDOUN MEDICAL CENTER IN LENOIR CITY, LECONTE MEDICAL CENTER IN SEVIERVILLE, MORRISTOWN-HAMBLEN HEALTHCARE SYSTEM IN MORRISTOWN, ROANE MEDICAL CENTER IN HARRIMAN, CLAIBORNE MEDICAL CENTER IN TAZEWELL AND CUMBERLAND MEDICAL CENTER IN CROSSVILLE. IT ALSO INCLUDES PENINSULA, A DIVISION OF PARKWEST MEDICAL CENTER, A BEHAVIORAL HEALTH HOSPITAL IN BLOUNT COUNTY, TENNESSEE. THE HEALTH SYSTEM ALSO INCLUDES COVENANT MEDICAL GROUP, WHICH INCLUDES MORE THAN 200 PHYSICIANS AND ADVANCED PRACTICE CLINICIANS IN OFFICE LOCATIONS THROUGHOUT EAST TENNESSEE.AFFILIATED ORGANIZATIONS INCLUDE THOMPSON CANCER SURVIVAL CENTER, THOMPSON ONCOLOGY GROUP, FORTRESS CORPORATION AND SUBSIDIARIES, COVENANT HOMECARE, AND FORT SANDERS PERINATAL CENTER. PHILANTHROPIC ORGANIZATIONS INCLUDE FORT SANDERS FOUNDATION AND THE THOMPSON CANCER SURVIVAL CENTER FOUNDATION IN KNOXVILLE, METHODIST MEDICAL CENTER FOUNDATION IN OAK RIDGE, DR. ROBERT F. THOMAS FOUNDATION IN SEVIERVILLE, AND MORRISTOWN-HAMBLEN HOSPITAL FOUNDATION IN MORRISTOWN. FUNDS RAISED BY THE FOUNDATIONS PROVIDE SERVICES, EQUIPMENT AND OTHER RESOURCES FOR EXCELLENCE IN PATIENT CARE.FORT LOUDOUN MEDICAL CENTER, AS A MEMBER OF THE COVENANT HEALTH SYSTEM, BENEFITS FROM THE COLLABORATION AMONG ALL AFFILIATED ORGANIZATIONS TO PROMOTE QUALITY IMPROVEMENT, PATIENT SAFETY AND EFFICIENT DELIVERY OF CARE FOR THE COMMUNITIES SERVED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Suzanne Miller VP - Chief Nursing Officer | Officer | 50 | $156,815 |
Ashley N Braden Clinical Nurse | 50 | $118,054 | |
Matthew A Messer Pharmacist | 50 | $115,383 | |
Julie A Roberts Team Leader - Ultrasound | 50 | $113,800 | |
Hunter Owen Pharmacist | 50 | $108,711 | |
Steven M Mccullar Jr Administrative Supervisor | 50 | $107,620 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
The Mcr Group Llc Consulting Fees - Managed Care | 12/30/21 | $996,961 |
Linen King Llc Linen Services | 12/30/21 | $321,281 |
Medic Regional Blood Center Blood Processing | 12/30/21 | $190,652 |
Mayo Collaborative Services Llc Lab Services | 12/30/21 | $160,256 |
Nurse Pro Plus Llc Staffing Services | 12/30/21 | $130,295 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $6,010 |
Government grants | $416,645 |
All other contributions, gifts, grants, and similar amounts not included above | $22,400 |
Noncash contributions included in lines 1a–1f | $22,400 |
Total Revenue from Contributions, Gifts, Grants & Similar | $445,055 |
Total Program Service Revenue | $40,723,513 |
Investment income | $22,403 |
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 | $41,411,199 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
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. | $171,900 |
Compensation of current officers, directors, key employees. | $171,900 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,332,003 |
Pension plan accruals and contributions | $374,369 |
Other employee benefits | $1,714,035 |
Payroll taxes | $833,097 |
Fees for services: Management | $4,344,824 |
Fees for services: Legal | $0 |
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 | $5,487,253 |
Advertising and promotion | $77,539 |
Office expenses | $296,804 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,017,029 |
Travel | $5,061 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,499 |
Interest | $2,025 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,916,063 |
Insurance | $44,952 |
All other expenses | $404,486 |
Total functional expenses | $37,856,598 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,800 |
Savings and temporary cash investments | -$240,048 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,529,943 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $324,235 |
Prepaid expenses and deferred charges | $116,832 |
Net Land, buildings, and equipment | $15,177,630 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $942,744 |
Total assets | $20,853,136 |
Accounts payable and accrued expenses | $4,194,563 |
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 | $1,204,344 |
Total liabilities | $5,398,907 |
Net assets without donor restrictions | $15,454,229 |
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 | $20,853,136 |
Over the last fiscal year, we have identified 1 grants that Fort Loudoun Medical Center has recieved totaling $6,010.
Awarding Organization | Amount |
---|---|
Fort Sanders Foundation Knoxville, TN PURPOSE: Provide support for hospital operations | $6,010 |
Organization Name | Assets | Revenue |
---|---|---|
St Marys Hospital Ozaukee Inc St Louis, MO | $0 | $119,639,290 |
Maryview Hospital Llc Suffolk, VA | $0 | $126,392,609 |
Leconte Medical Center Knoxville, TN | $91,240,969 | $144,185,798 |
Columbus Regional Healthcare System Whiteville, NC | $197,969,739 | $134,524,668 |
Harnett Health System Inc Dunn, NC | $119,557,525 | $137,837,447 |
Jane Phillips Memorial Medical Center Inc St Louis, MO | $87,499,100 | $121,263,469 |
Lexington Medical Center Lexington, NC | $126,269,827 | $125,126,706 |
Bon Secours-Richmond Community Hospital Richmond, VA | $200,107,508 | $168,768,277 |
Uva Culpeper Medical Center Culpeper, VA | $139,556,597 | $116,029,117 |
Crisp Regional Hospital Inc Cordele, GA | $164,464,771 | $118,380,453 |
Morristown Hamblen Hosp Knoxville, TN | $71,835,132 | $127,114,372 |
Upson County Hospital Inc Thomaston, GA | $251,563,523 | $131,936,777 |