Rush Care Inc
- Assets
- $5.9m
- Revenue
- $14.1m
- Investments
- $0.0
- Employees
- 127
- Location
- Meridian, MS
- Founding
- 12/1994
- Data as of
- 12/2022
- EIN
- 64-0833381
Organization Overview
Rush Care Inc, operating under the name Ochsner Specialty Hospital, is located in Meridian, MS. The organization was established in 1994. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Ochsner Specialty Hospital employed 127 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ochsner Specialty Hospital 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 12/2022, Ochsner Specialty Hospital generated $14.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.2%) each year. All expenses for the organization totaled $18.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 years. 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
HOSPITAL AND CLINIC PATIENT SERVICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SPECIALTY HOSPITAL OF MERIDIAN IS A PRIVATELY OWNED, NOT-FOR-PROFIT HEALTHCARE FACILITY PROVIDING ACUTE MEDICAL CARE. AS A LONG-TERM CARE HOSPITAL (LTCH), THE SPECIALTY HOSPITAL OF MERIDIAN (SHM) PROVIDES CONTINUED ACUTE-LEVEL CARE FOR PATIENTS SUFFERING FROM MEDICALLY COMPLEX ILLNESSES. SPECIALTY'S HEALTHCARE PROFESSIONALS WORK HARD TO GENERATE THE HIGHEST POTENTIAL OF OUTCOMES AND MAXIMIZE EACH PATIENT'S FREEDOM AND INDEPENDENCE WHILE INVOLVING THE PATIENT AND FAMILY IN THE TREATMENT PROGRAM. THE SPECIALTY HOSPITAL OF MERIDIAN HAS BEEN PROVIDING SPECIALIZED MEDICAL CARE FOR PATIENTS SINCE 1994. IT OPERATES AS A 49-BED LONG-TERM ACUTE-CARE HOSPITAL AND STRIVES TO DELIVER SUPERIOR HEALTHCARE TO THE COMMUNITIES OF MISSISSIPPI AND SURROUNDING STATES. THERE ARE ONLY EIGHT LONG TERM ACUTE CARE HOSPITALS LOCATED IN MISSISSIPPI, SO THE SPECIALTY HOSPITAL OF MERIDIAN FILLS A UNIQUE AND IMPORTANT NICHE IN THE SPECTRUM OF INPATIENT CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frankie Hstewart Board Member | Trustee | 1 | $0 |
Betty Vise Board Member | Trustee | 1 | $0 |
Paul Y Varela MD Board Member | Trustee | 1 | $0 |
Jimmy E Isbell MD Board Member | Trustee | 1 | $0 |
Richard S Abney MD Board Member | Trustee | 1 | $0 |
Kathleen Price Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gifted Nurses Nurse Staffing Agency | 12/30/22 | $478,708 |
Meridian Inpatient Services Fresenius Me Kidney Dialysis | 12/30/22 | $160,072 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,514,803 |
| 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 | $2,514,803 |
| Total Program Service Revenue | $10,601,147 |
| Investment income | $73,021 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $926,765 |
| 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 | $14,115,736 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,564,554 |
| Pension plan accruals and contributions | $14,103 |
| Other employee benefits | $382,097 |
| Payroll taxes | $396,417 |
| Fees for services: Management | $2,841,760 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $39,146 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,836,585 |
| Travel | $925 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $53,572 |
| Interest | $2,433 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $168,740 |
| Insurance | $140,686 |
| All other expenses | $381,567 |
| Total functional expenses | $18,704,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,707 |
| Savings and temporary cash investments | $11,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,743,912 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $89,819 |
| Prepaid expenses and deferred charges | $30,083 |
| Net Land, buildings, and equipment | $22,130 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,979,181 |
| Total assets | $5,899,832 |
| Accounts payable and accrued expenses | $191,909 |
| 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 | $24,916 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $367 |
| Total liabilities | $217,192 |
| Net assets without donor restrictions | $0 |
| 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 | $5,682,640 |
| Total liabilities and net assets/fund balances | $5,899,832 |