Arh Tug Valley Health Services Inc is located in Lexington, KY. The organization was established in 2019. 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 06/2022, Arh Tug Valley Health Services Inc employed 1,022 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arh Tug Valley Health Services 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 06/2022, Arh Tug Valley Health Services Inc generated $195.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $175.1m during the year ending 06/2022. While expenses have increased by 17.3% per year over the past 3 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CENTRAL APPALACHIA AN ABUNDANCE OF HEALTHCARE AND COMMUNITY-ORIENTED SERVICES THROUGH ITS HOSPITAL, CLINICS AND HOME HEALTH OPERATIONS AS WELL AS COMMUNITY OUTREACH SERVICES.
Describe the Organization's Program Activity:
ARH TUG VALLEY HEALTH SERVICES, INC.OPERATING AS THE HUB FOR ARH'S HOSPITALS THROUGHOUT THE ARH BIG SANDY REGION, HIGHLANDS ARH REGIONAL MEDICAL CENTER SERVES FLOYD, JOHNSON, MARTIN, AND MAGOFFIN COUNTIES AND JOINED THE ARH SYSTEM IN AUGUST 2019.HIGHLANDS ARH MEDICAL STAFF CONSISTS OF OVER 235 CREDENTIALED PHYSICIANS AND MEDICAL SPECIALISTS. THESE PHYSICIANS REPRESENT FAMILY MEDICINE, INTERVENTIONAL CARDIOLOGY, INVASIVE CARDIOLOGY, OBSTETRICS/GYNECOLOGY, GENERAL SURGERY, INTERNAL MEDICINE, ORTHOPEDICS, UROLOGY, GASTROENTEROLOGY, HEMATOLOGY/ONCOLOGY NEPHROLOGY, NEUROLOGY, SPORTS MEDICINE, AND OTHER FIELDS OF MEDICINE. HIGHLANDS EMPLOYS MORE THAN 660 PEOPLE, EACH VITAL IN PROVIDING COMPASSIONATE CARE TO PEOPLE IN APPALACHIA.IN FY 22, HIGHLANDS ARH EXPANDED SOME OF ITS KEY SERVICES TO MEET THE REGION'S HEALTHCARE NEEDS, INCLUDING OBSTETRICS, PULMONARY AND CRITICAL CARE. ALSO, THE HOSPITAL WILL SOON START A NOCTURNIST HOSPITALIST PROGRAM AND HAS BEEN APPROVED FOR A STATE-OF-THE-ART ROBOT FOR KNEE SURGERY REPLACEMENT.DURING THE PAST FISCAL YEAR, HIGHLANDS ARH ALSO PUT A SIGNIFICANT FOCUS ON ITS BEHAVIORAL HEALTH OFFERINGS AND ADDED PEER SUPPORT SPECIALISTS IN THE EMERGENCY DEPARTMENT TO ENGAGE WITH PATIENTS PRESENTING TO THE ED WITH SUBSTANCE USE DISORDERS AND CONNECT THEM WITH COMMUNITY RESOURCES, SUCH AS TREATMENT, SOCIAL SERVICE AGENCIES, AND HARM REDUCTION SERVICES.ADDITIONALLY, INCREASED FOCUS WAS PLACED ON PROVIDING EASILY ACCESSIBLE OUTPATIENT CARE SERVICES. AS PART OF THESE EFFORTS, HIGHLANDS ARH OPENED AN OUTPATIENT LAB SERVICES LOCATION AND AN AFTER-HOURS OUTPATIENT CLINIC CONVENIENTLY LOCATED ACROSS THE ROAD FROM THE HOSPITAL THAT STAYS OPEN SEVEN DAYS A WEEK.HIGHLANDS CONTINUED TO BUILD ITS RELATIONSHIPS WITH AREA SCHOOLS AND WAS AMONG ARH'S FLOYD COUNTY HOSPITALS TO BE RECOGNIZED BY THE FLOYD COUNTY BOARD OF EDUCATION'S COMMUNITY CHAMPION AWARD, WHICH RECOGNIZES COMMUNITY PARTNERS WHO SUPPORT THE EDUCATIONAL, RECREATIONAL, AND HEALTH GOALS SET FOR FLOYD COUNTY STUDENTS.THE AWARD WAS IN RESPONSE TO THE CREATION OF A TELEHEALTH CLINIC AS PART OF THE ARH CONNECTED CARE SCHOOL PROGRAM. THE CLINIC OFFERS STUDENTS, FACULTY, AND STAFF CARE BY ARH HEALTHCARE PROVIDERS WITHOUT HAVING TO LEAVE THE SCHOOL. USING SPECIALIZED AUDIO AND VISUAL EQUIPMENT, A HAND-HELD EXAMINATION KIT, A HIPAA-COMPLIANT APP, AND A TELEHEALTH PLATFORM, SCHOOL PATIENTS CAN BE CONNECTED TO ARH HEALTHCARE PROVIDERS REMOTELY.DESPITE LIMITATIONS FOR EVENTS AND GATHERINGS BROUGHT ON BY THE COVID-19 PANDEMIC, DURING THE PAST FISCAL YEAR, HIGHLANDS ARH CONTINUED TO PROVIDE OUTREACH AND COMMUNITY BENEFIT TO THE BIG SANDY REGION, FINDING INNOVATIVE WAYS OF REACHING OUR COMMUNITY DURING THE PANDEMIC. ONE KEY FOCUS FOR THESE EVENTS WAS HOW BETTER NUTRITION COULD HELP BUILD HEALTHIER COMMUNITIES BOTH INSIDE AND OUTSIDE OF THE HOSPITAL. A WEEKLY FARMERS MARKET WAS SET UP ON CAMPUS ON THEHOSPITAL CAMPUS, THE HOSPITAL'S WELLNESS CENTER WAS RENOVATED, AND FREE GYM MEMBERSHIPS WERE OFFERED TO EMPLOYEES. ADDITIONALLY, HIGHLANDS HOSTED 1,192 EVENTS ATTENDED BY 3,759 PEOPLE. IF A MONETARY VALUE WERE PLACED ON THESE EFFORTS, THEY WOULD HAVE A FINANCIAL IMPACT OF MORE $513,000.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Danny Harris Treasurer/cfo | OfficerTrustee | 5 | $0 |
Hollie P Harris President/ceo | OfficerTrustee | 5 | $0 |
Tim Hatfield Cceo | OfficerTrustee | 40 | $248,081 |
Maria Braman Cmo/vp Medical Affairs | Officer | 6 | $0 |
Byron Gabbard Executive VP Of Finance | Officer | 6 | $0 |
Christi Lee Chief Legal Council | Officer | 6 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Qualivis Llc Contract Nurses | 6/29/22 | $9,691,539 |
Favorite Healthcare Staffing Contract Nurses | 6/29/22 | $3,084,289 |
Jackson & Coker Medical Group Llc Surgery Locum Tenens | 6/29/22 | $1,865,920 |
Cardiosolution Cardiovascular Staffing | 6/29/22 | $1,689,549 |
Medical Solutions Llc Contract Employees | 6/29/22 | $962,506 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $11,077,560 |
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 | $11,077,560 |
Total Program Service Revenue | $177,426,131 |
Investment income | $2,489,474 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$252,213 |
Net Gain/Loss on Asset Sales | $1,885,045 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $195,882,557 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $19,500 |
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. | $314,872 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $56,480,260 |
Pension plan accruals and contributions | $849,361 |
Other employee benefits | $11,270,587 |
Payroll taxes | $3,298,237 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,392 |
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 | $25,846,361 |
Advertising and promotion | $0 |
Office expenses | $556,429 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,702,899 |
Travel | $22,507 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $77,117 |
Interest | $1,194,756 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,913,280 |
Insurance | $2,583,451 |
All other expenses | $7,769,156 |
Total functional expenses | $175,138,075 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $21,900,035 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $4,044,425 |
Prepaid expenses and deferred charges | $781,417 |
Net Land, buildings, and equipment | $34,077,503 |
Investments—publicly traded securities | $1,771,499 |
Investments—other securities | $0 |
Investments—program-related | $2,101,182 |
Intangible assets | $330,229 |
Other assets | $425,518 |
Total assets | $65,431,808 |
Accounts payable and accrued expenses | $6,937,514 |
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 | $8,893,119 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $11,685,829 |
Total liabilities | $27,516,462 |
Net assets without donor restrictions | $37,915,346 |
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 | $65,431,808 |
Over the last fiscal year, Arh Tug Valley Health Services Inc has awarded $19,500 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
FLOYD COUNTY BOARD OF EDUCATION PURPOSE: SUPPORT ONGOING OPERATIONS | $9,500 |
FLOYD COUNTY HOMELESS SHELTER PURPOSE: SUPPORT ONGOING OPERATIONS | $10,000 |