Covenant Homecare

Organization Overview

Covenant Homecare is located in Knoxville, TN. The organization was established in 1997. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Covenant Homecare employed 239 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant Homecare 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, Covenant Homecare generated $17.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $19.6m during the year ending 12/2021. While expenses have increased by 1.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

COVENANT HOMECARE PROVIDES HOME CARE SERVICES TO HELP PATIENTS MAINTAIN THEIR INDEPENDENCE AND STAY AT HOME. IT IS A MEMBER OF COVENANT HEALTH SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COVENANT HOMECARE PROVIDES SERVICES AND TREATMENT AT HOME WHEN ANOTHER OPTION IS NOT VIABLE OR AVAILABLE. SERVICES CONSIST OF NURSING, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH THERAPY, SOCIAL SERVICES AND CARE GIVEN BY CERTIFIED NURSING ASSISTANTS. PATIENTS INCLUDE THOSE COVERED BY MEDICARE, TENNCARE AND COMMERCIAL INSURANCE, AS WELL AS SELF-PAY PATIENTS. NO PATIENT IS DENIED CARE DUE TO AN INABILITY TO PAY. APPLICATIONS FOR FINANCIAL ASSISTANCE ARE PROVIDED TO PATIENTS WHO NEED THEM, AND FINANCIAL COUNSELORS ARE AVAILABLE TO ASSIST WITH THE APPLICATION PROCESS. COVENANT HOMECARE SERVED 5,324 PATIENTS IN 2021 IN THE COURSE OF 75,155 PATIENT VISITS.KARM TRANSITIONAL CARE WAS CREATED THROUGH A PARTNERSHIP BETWEEN COVENANT HOMECARE AND KNOXVILLE AREA RESCUE MINISTRIES TO PROVIDE A SAFE PLACE FOR HOMELESS INDIVIDUALS TO CONTINUE HEALING AFTER A HOSPITAL STAY. THE GOAL IS TO IMPROVE PATIENT OUTCOMES THROUGH SUPERVISED CONTINUITY OF CARE, ULTIMATELY REDUCING THE PATIENT'S RISK OF DEVELOPING SUBSEQUENT ILLNESSES OR INFECTIONS REQUIRING ADDITIONAL HOSPITAL TREATMENT. FUNDED BY THE FORT SANDERS FOUNDATION, THIS SERVICE HELPS FULFILL COVENANT HEALTH'S MISSION OF IMPROVING THE QUALITY OF LIFE IN THE COMMUNITIES SERVED THROUGH BETTER HEALTH. COVENANT HOMECARE TREATED 25 INDIVIDUALS IN 2021. COVENANT HOMECARE PROVIDES HOSPICE SERVICES WHICH ALLOW PATIENT CARE AND FAMILY SUPPORT IN THE HOME ENVIRONMENT DURING THE PATIENT'S END STAGES OF LIFE. SERVICES ARE PROVIDED TO PATIENTS WHOSE PHYSICIANS HAVE DIAGNOSED THEM WITH A TERMINAL DISEASE THAT IS EXPECTED TO RESULT IN DEATH WITHIN SIX MONTHS OF BEING TAKEN UNDER CARE. THE OBJECTIVE IS TO ALLOW THESE PATIENTS TO DIE AT HOME WITH DIGNITY. SERVICES PROVIDED IN THE HOME CONSIST OF NURSING CARE, THERAPY, SPIRITUAL SERVICES AND SOCIAL SERVICES. PATIENTS INCLUDE THOSE COVERED BY MEDICARE, TENNCARE AND COMMERCIAL INSURANCE, AS WELL AS SELF-PAY PATIENTS. NO PATIENT IS DENIED CARE DUE TO AN INABILITY TO PAY. APPLICATIONS FOR FINANCIAL ASSISTANCE ARE PROVIDED TO PATIENTS WHO NEED THEM, AND FINANCIAL COUNSELORS ARE AVAILABLE TO ASSIST WITH THE APPLICATION PROCESS. COVENANT HOMECARE SERVED 881 HOSPICE PATIENTS IN 2021 OVER THE COURSE OF 16,084 VISITS.PALLIATIVE CARE IS A MEDICAL SPECIALTY FOCUSING ON THE MANAGEMENT OF SYMPTOMS IN PATIENTS WITH ACUTE, CHRONIC, OR LIFE THREATENING ILLNESS, REGARDLESS OF THE DIAGNOSIS. THESE SYMPTOMS MIGHT INCLUDE, BUT ARE NOT LIMITED TO, PAIN, NAUSEA, SHORTNESS OF BREATH, FLUID RETENTION, ETC. PALLIATIVE CARE STRIVES TO HELP PATIENTS BETTER UNDERSTAND TREATMENT OPTIONS AND CUSTOMIZE TREATMENTS TO MEET INDIVIDUAL NEEDS. THE GOAL IS TO PROMOTE THE HIGHEST QUALITY OF LIFE FOR PATIENTS AND THEIR FAMILIES. PALLIATIVE CARE CAN BE DELIVERED ANY TIME DURING A PATIENT'S ILLNESS, WHILE HE OR SHE IS BEING TREATED IN A HOSPITAL, AND CAN BE PROVIDED IN CONJUNCTION WITH ALL OTHER MEDICAL TREATMENTS. THE PALLIATIVE CARE TEAM TRANSITIONED TO COVENANT HOMECARE SEPTEMBER 1, 2021 AND PROVIDED 1,982 VISITS. COVENANT HEALTH COVENANT HOMECARE 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.COVENANT HOMECARE, 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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Homecare Homebase Llc
Software Implementation
$334,541
Leidos Health Holdings Inc
It Services
$102,485
Optumrx
Pharmacy Claims Services
$250,091
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$185,617
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $500
Total Revenue from Contributions, Gifts, Grants & Similar$185,617
Total Program Service Revenue$17,650,281
Investment income $16,794
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,346
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 $17,855,047

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Covenant Homecare has recieved totaling $185,617.

Awarding OrganizationAmount
Fort Sanders Foundation

Knoxville, TN

PURPOSE: Support HomeCare Hospice Program, Katerpillar Kids Camp, and Knoxville Area Rescue Ministry health program

$185,617
View Grant Recipient Profile

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