North Mississippi Medical Center Inc is located in Tupelo, MS. The organization was established in 1982. 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 09/2021, North Mississippi Medical Center Inc employed 5,281 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Mississippi Medical Center 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 09/2021, North Mississippi Medical Center Inc generated $809.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $769.5m during the year ending 09/2021. 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
NORTH MS MEDICAL CENTER IS A 650-BED REGIONAL REFERRAL CENTER IN TUPELO, MS THAT SERVES MORE THAN 700,000 PEOPLE IN 24 COUNTIES IN NORTH MS, NORTHWEST AL AND PORTIONS OF TN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTH MISSISSIPPI MEDICAL CENTER (NMMC) SERVES MORE THAN 700,000 PEOPLE IN 24 COUNTIES IN NORTH MISSISSIPPI, NORTHWEST ALABAMA AND PORTIONS OF TENNESSEE. IN FISCAL YEAR 2021, THERE WERE 20,995 INPATIENT ADMISSIONS, 69,088 EMERGENCY DEPARTMENT VISITS, 567,777 OUTPATIENT VISITS, 30,488 RURAL HEALTH CLINIC VISITS, AND 407,081 HOSPITAL BASED CLINIC VISITS. NMMC USES PRESS GANEY, THE LARGEST PATIENT SATISFACTION SURVEY COMPANY IN THE NATION, THAT WORKS WITH MORE THAN 7,000 HEALTHCARE FACILITIES. RANDOMLY SELECTED PATIENTS ARE ASKED ABOUT THEIR EXPERIENCE WITH NMHS INPATIENT, OUTPATIENT, ER, HOME HEALTH AND LONG TERM CARE SERVICES. AREA RESIDENTS HAVE ACCESS TO A MEDICAL STAFF REPRESENTING MORE THAN 40 MEDICAL SPECIALTIES, AS WELL AS CENTERS OF EXCELLENCE IN CANCER TREATMENT AND RESEARCH, NEUROLOGY, NEUROSURGERY, CARDIAC SURGERY, CARDIOLOGY, PULMONOLOGY, REHABILITATION, CHEMICAL DEPENDENCY AND NEONATAL PROGRAMS. IN ADDITION, THE NMMC HOME HEALTH AGENCY SERVES PATIENTS IN 17 COUNTIES IN NORTH MISSISSIPPI AND OFFERS MANY COMPLEX AND EXTREMELY HIGH-TECH PROCEDURES THAT CAN BE PERFORMED IN THE HOME SETTING. NMMC IS DESIGNATED AS A LEVEL II TRAUMA CENTER BY THE MISSISSIPPI STATE DEPARTMENT OF HEALTH. TO RECEIVE THIS DESIGNATION, FACILITIES MUST OFFER A FULL RANGE OF TRAUMA CAPABILITIES, INCLUDING AN EMERGENCY DEPARTMENT, A FULL SERVICE SURGICAL SUITE, INTENSIVE CARE UNIT AND DIAGNOSTIC IMAGING, AS WELL AS MAKE A COMMITMENT TO CONSISTENTLY MEET NATIONAL GUIDELINES OR STANDARDS IN CARING FOR TRAUMA PATIENTS. IN 2006, NMMC-TUPELO RECEIVED THE MALCOLM BALDRIGE NATIONAL QUALITY AWARD FOR INNOVATIVE PRACTICES, A COMMITMENT TO EXCELLENCE AND OUTSTANDING RESULTS. THIS AWARD IS A SYMBOL OF WORLD-CLASS PERFORMANCE AND IS THE NATION'S HIGHEST PRESIDENTIAL HONOR FOR ORGANIZATIONAL PERFORMANCE EXCELLENCE. NMMC IS A PARTICIPANT IN QUEST (QUALITY, EFFICIENCY, SAFETY, WITH TRANSPARENCY), A NATIONAL INITIATIVE SPONSORED BY FELLOW 2006 BALDRIGE RECIPIENT PREMIER. NMMC BENCHMARKS ITS QUALITY MEASURES AGAINST THE VERY BEST HOSPITALS AND HEALTH SYSTEMS IN THE UNITED STATES. THIS COLLABORATIVE EFFORT ENABLES NMMC'S PHYSICIANS, NURSES AND ANALYSTS TO LEARN FROM THOSE WITH THE BEST RESULTS IN PATIENT SATISFACTION, COST OF CARE AND APPROPRIATENESS OF CARE. QUEST IS ONE WAY THAT NMMC IS CONTINUALLY WORKING TO IMPROVE PATIENT SAFETY AND QUALITY WHILE SAFELY REDUCING HEALTH CARE COSTS.
ONE OF THE PRIMARY WAYS NORTH MISSISSIPPI MEDICAL CENTER (NMMC) SERVES THE COMMUNITY IS BY PROVIDING CARE TO VARIOUS POPULATIONS FOR WHICH IT RECEIVES NO COMPENSATION OR RECEIVES COMPENSATION AT RATES SIGNIFICANTLY LESS THAN ESTABLISHED RATES. THE BOARD OF DIRECTORS OF NMMC HAS ESTABLISHED A POLICY UNDER WHICH NMMC PROVIDES CARE, WITHOUT CHARGE, TO NEEDY MEMBERS OF ITS COMMUNITY. THE FINANCIAL ASSISTANCE POLICY STATES THAT NMMC WILL PROVIDE EMERGENCY AND MEDICALLY NECESSARY INPATIENT AND OUTPATIENT HOSPITAL SERVICES TO PATIENTS FREE OF CHARGE WITH HOUSEHOLD INCOME LEVELS AT OR BELOW 150% OF THE FEDERAL POVERTY LEVEL. THE POLICY APPLIES TO INDIVIDUALS WHO RESIDE IN NMMC'S 24-COUNTY SERVICE AREA, AS DEFINED BY THE POLICY. PATIENTS FROM OUTSIDE THE SERVICE AREA MAY ALSO BE GRANTED CHARITY CARE BASED ON THE JUDGMENT OF NMMC MANAGEMENT DEPENDING ON THEIR INDIVIDUAL CIRCUMSTANCES. THE POLICY ALSO REQUIRES THE PATIENT TO COOPERATE FULLY WITH NMMC'S REQUEST FOR INFORMATION WITH WHICH TO VERIFY THE PATIENT'S ELIGIBILITY. FOLLOWING THAT POLICY, NMMC MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF CHARITY CARE IT PROVIDES. THESE RECORDS INCLUDE THE AMOUNT OF CHARGES FOREGONE FOR SERVICES AND SUPPLIES FURNISHED UNDER ITS CHARITY CARE POLICY. CHARGES FOREGONE, BASED ON ESTABLISHED RATES, TOTALED APPROXIMATELY $103,905,067 IN FISCAL YEAR 2021. BASED ON THE GROSS CHARGES PROVIDED TO CHARITY PATIENTS COMPARED TO TOTAL HOSPITAL GROSS CHARGES, 5.15% OF ALL SERVICES IN FISCAL YEAR 2021 WERE PROVIDED ON A CHARITY BASIS. THE NET COST OF CHARITY CARE PROVIDED BY NMMC WAS APPROXIMATELY $37,642,375 IN FISCAL YEAR 2021. THE TOTAL COST ESTIMATE IS BASED ON THE RATIO OF COSTS TO CHARGES FOR NMMC. ALL OF THE FOREGONE CHARGES MENTIONED ABOVE ARE NETTED AGAINST PATIENT SERVICE REVENUE TO ARRIVE AT NET PATIENT SERVICE REVENUE AS REFLECTED AS PROGRAM SERVICE REVENUE ON PART VIII OF FORM 990 IN ORDER TO BE CONSISTENT WITH FINANCIAL STATEMENT REPORTING AND ARE NOT REPORTED AS FUNCTIONAL EXPENSES ON THE TAX RETURN.
NORTH MISSISSIPPI MEDICAL CENTER EMPLOYS CERTIFIED ATHLETIC TRAINERS WHO PROVIDE SERVICES TO HIGH SCHOOLS IN THE SERVICE AREA AT NO COST. THE TRAINERS WORK WITH THE SPORTS TEAMS AT THESE SCHOOLS ON A DAILY BASIS DURING PRACTICE AND TRAINING, AS WELL AS AT IN-SEASON COMPETITIONS. THE COST OF PROVIDING THESE SERVICES WAS APPROXIMATELY $776,492 IN FISCAL YEAR 2021.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph M Stinson Physician | 40 | $2,012,280 | |
Vishal Sachdev Physician | 40 | $1,360,244 | |
George Van Osten MD Physician | 40 | $1,316,541 | |
Heather Hancock Physician | 40 | $1,187,676 | |
David Pizzementi Associate Chief Medical Office | Officer | 40 | $707,172 |
David Wilson President | Officer | 40 | $597,454 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Allscripts Llc Online Processing | 9/29/21 | $11,270,019 |
Mainline Information Software Maintenance | 9/29/21 | $3,769,695 |
Morrison Healthcare Food/nutrition Mgmt | 9/29/21 | $3,691,227 |
Cardiology Associates Physician Coverage | 9/29/21 | $2,923,692 |
Relias Emergency Med Er/hospitalist Prov | 9/29/21 | $3,481,419 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $563,373 |
Government grants | $27,229,246 |
All other contributions, gifts, grants, and similar amounts not included above | $10,738 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $27,803,357 |
Total Program Service Revenue | $754,738,821 |
Investment income | $12,062,684 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $5,928,440 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $809,459,200 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $28,850 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $3,747,269 |
Compensation of current officers, directors, key employees. | $3,747,269 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $303,051,385 |
Pension plan accruals and contributions | $14,033,941 |
Other employee benefits | $39,277,151 |
Payroll taxes | $18,719,821 |
Fees for services: Management | $32,885,163 |
Fees for services: Legal | $276,750 |
Fees for services: Accounting | $317,692 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,170,722 |
Fees for services: Other | $57,066,866 |
Advertising and promotion | $952,833 |
Office expenses | $9,550,725 |
Information technology | $17,948,393 |
Royalties | $0 |
Occupancy | $11,511,188 |
Travel | $1,115,625 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,165,264 |
Interest | $5,169,607 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $34,668,864 |
Insurance | $2,120,552 |
All other expenses | $2,474,409 |
Total functional expenses | $769,513,511 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$1,796,863 |
Savings and temporary cash investments | $45,061,393 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $56,761,880 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $19,789,630 |
Prepaid expenses and deferred charges | $7,469,864 |
Net Land, buildings, and equipment | $170,302,948 |
Investments—publicly traded securities | $1,127,249,729 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $164,781,591 |
Total assets | $1,589,620,172 |
Accounts payable and accrued expenses | $282,719,987 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $342,536,357 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $202,944 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $14,884,743 |
Total liabilities | $640,344,031 |
Net assets without donor restrictions | $946,609,626 |
Net assets with donor restrictions | $2,666,515 |
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 | $1,589,620,172 |
Over the last fiscal year, we have identified 2 grants that North Mississippi Medical Center Inc has recieved totaling $20,843.
Awarding Organization | Amount |
---|---|
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $15,000 |
Mississippi Healthcare Alliance Inc Jackson, MS PURPOSE: GET WITH THE GUIDELINES HOSPITAL STROKE REGISTRY REIMBURSEMENT | $5,843 |
Organization Name | Assets | Revenue |
---|---|---|
Baptist Health Little Rock, AR | $1,838,433,342 | $1,059,132,631 |
Ochsner Lsu Health System Of North Louisiana Shreveport, LA | $392,846,528 | $902,271,211 |
North Mississippi Medical Center Inc Tupelo, MS | $1,589,620,172 | $809,459,200 |
Mountain States Health Alliance Johnson City, TN | $556,120,495 | $805,201,599 |
Baptist Memorial Hospital Memphis, TN | $691,981,947 | $770,663,628 |
St Vincent Infirmary Medical Center Little Rock, AR | $1,148,625,414 | $510,888,320 |
St Dominic-Jackson Memorial Hospital Jackson, MS | $456,520,111 | $513,403,574 |
Mobile Infirmary Association Mobile, AL | $791,830,120 | $574,326,393 |
Baton Rouge General Medical Center Baton Rouge, LA | $496,482,210 | $567,217,966 |
Mississippi Baptist Medical Center Jackson, MS | $529,210,695 | $513,564,298 |
St Bernards Hospital Inc Jonesboro, AR | $376,576,923 | $505,772,828 |
Our Lady Of Lourdes Regional Medical Center Inc Baton Rouge, LA | $576,116,813 | $544,088,954 |