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Nonprofiteer
← METHODIST HEALTH INC

Form 990 for tax year 2022

Filed by METHODIST HEALTH INC.

Totals

Total revenue
$134,810,881
Total expenses
$122,208,405
Contributions and grants received
$0
Grants paid
$201,238
Program service revenue
$132,045,581
Investment income
$505,997
Other revenue
$2,259,303
Total assets, end of year
$96,914,788
Total liabilities, end of year
$33,680,150
Net assets or fund balances, end of year
$63,234,638
Program services expenses (Part IX)
$103,069,416
Management and general expenses
$19,138,989
Fundraising expenses
$0
Program service expenses (Part III)
$103,069,416

Program services were 84.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: NET PATIENT SERVICES

    total $126,914,273 · related or exempt $126,914,273

  • 2b · Program service revenue: FAMILY PHARMACY REVENUE

    total $5,131,308 · related or exempt $5,131,308

  • 3 · Investment income

    total $362,914 · excluded $362,914

  • 6a · Gross rents

    real property $1,272,929

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $1,272,929

  • 6d · Net rental income or loss

    total $1,272,929 · excluded $1,272,929

  • 7a · Gross sales of assets other than inventory

    securities $4,086,152

  • 7b · Less cost or other basis and sales expenses

    securities $3,943,069

  • 7c · Gain or loss

    securities $143,083

  • 7d · Net gain or loss

    total $143,083 · excluded $143,083

  • 11a · Other revenue: CAFETERIA

    total $290,221 · excluded $290,221

  • 11b · Other revenue: GAIN ON JOINT VENTURES

    total $14,774 · related or exempt $14,774

  • 11d · All other revenue

    total $681,379 · related or exempt $681,379

  • 11e · Other revenue, total

    $986,374

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $201,238 · program services $201,238

  • 5 · Compensation of officers, directors and key employees

    total $1,300,392 · management and general $1,300,392

  • 7 · Other salaries and wages

    total $33,932,392 · program services $30,277,243 · management and general $3,655,149

  • 8 · Pension plan contributions

    total $1,237,027 · program services $1,103,776 · management and general $133,251

  • 9 · Other employee benefits

    total $6,470,593 · program services $5,773,590 · management and general $697,003

  • 10 · Payroll taxes

    total $2,697,384 · program services $2,406,825 · management and general $290,559

  • 11b · Fees: legal

    total $30,873 · management and general $30,873

  • 11g · Fees: other

    total $22,389,786 · program services $19,977,990 · management and general $2,411,796

  • 12 · Advertising and promotion

    total $53,329 · program services $47,585 · management and general $5,744

  • 13 · Office expenses

    total $590,670 · program services $527,044 · management and general $63,626

  • 14 · Information technology

    total $881,187 · program services $786,267 · management and general $94,920

  • 16 · Occupancy

    total $5,892,670 · program services $5,257,920 · management and general $634,750

  • 17 · Travel

    total $36,334 · program services $27,250 · management and general $9,084

  • 19 · Conferences, conventions and meetings

    total $24,998 · program services $18,749 · management and general $6,249

  • 20 · Interest

    total $1,324,576 · program services $1,181,895 · management and general $142,681

  • 22 · Depreciation, depletion and amortization

    total $6,975,307 · program services $6,223,937 · management and general $751,370

  • 23 · Insurance

    total $835,360 · program services $745,376 · management and general $89,984

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $21,843,181 · program services $21,843,181

  • 24b · Other expenses: OVERHEAD ALLOCATION

    total $8,685,978 · management and general $8,685,978

  • 24c · Other expenses: PROVIDER TAX

    total $5,542,240 · program services $5,542,240

  • 24d · Other expenses: DIETARY EXPENSES

    total $587,265 · program services $524,006 · management and general $63,259

  • 24e · All other expenses

    total $675,625 · program services $603,304 · management and general $72,321

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,608,274 · end of year $8,153,705

  • 4 · Accounts receivable

    beginning of year $12,188,964 · end of year $12,274,702

  • 5 · Loans and receivables from officers and key people

    beginning of year $111,225 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $178,327 · end of year $272,383

  • 8 · Inventories for sale or use

    beginning of year $1,975,354 · end of year $1,695,840

  • 9 · Prepaid expenses and deferred charges

    beginning of year $808,756 · end of year $740,931

  • 10a · Land, buildings and equipment: cost or other basis

    $76,047,025

  • 10b · Land, buildings and equipment: accumulated depreciation

    $22,305,238

  • 10c · Land, buildings and equipment, net

    beginning of year $58,378,664 · end of year $53,741,787

  • 12 · Investments: other securities

    beginning of year $13,868,305 · end of year $14,892,042

  • 15 · Other assets

    beginning of year $11,097,622 · end of year $5,143,398

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,176,698 · end of year $12,898,362

  • 23 · Secured mortgages and notes payable

    beginning of year $23,942,065 · end of year $21,596,088

  • 25 · Other liabilities

    beginning of year $21,998,692 · end of year -$814,300

  • 27 · Net assets without donor restrictions

    beginning of year $50,098,036 · end of year $63,234,638

Mission and programs · 2022

Mission

METHODIST HEALTH PROVIDES QUALITY HEALTHCARE SERVICES WITH A COMPASSIONATE AND CARING SPIRIT TO PERSONS, FAMILIES AND COMMUNITIES OF THE TRI-STATE. AT METHODIST HEALTH, OUR VALUES ARE BASED ON OUR COMMITMENT TO QUALITY. WE DEFINE QUALITY AS THE CONTINUOUS IMPROVEMENT OF SERVICES TO MEET THE NEEDS AND EXCEED THE EXPECTATIONS OF THE CUSTOMERS WE SERVE. OUR VALUES ARE QUALITY IN EVERYTHING WE DO, RESPECT FOR ALL PEOPLE, EFFICIENCY AND EFFECTIVENESS IN THE USE OF RESOURCES, INNOVATION TOWARD CONTINUOUS SYSTEM IMPROVEMENT, PARTNERSHIP WITH THOSE WE SERVE AND WITH SUPPLIERS, EDUCATION FOR CONTINUOUS GROWTH AND KNOWLEDGE AND PRIDE IN WORKMANSHIP. TO ACCOMPLISH ITS MISSION, METHODIST HEALTH IS COMMITTED TO IMPROVING THE QUALITY OF LIFE FOR THE PEOPLE OF THE TRI-STATE BY DEMONSTRATING EXCELLENCE IN HEALTHCARE SERVICES, PROVIDING ACCESS TO HEALTHCARE, PROVIDING CHARITY CARE TO THOSE IN NEED, PROMOTING HEALTHY LIFESTYLES, OFFERING SPIRITUAL AND PSYCHOLOGICAL SUPPORT, SUPPORTING HEALTH RELATED

  • METHODIST HEALTH, INC. OFFERS A BROAD RANGE OF INPATIENT AND OUTPATIENT MEDICAL SERVICES INCLUDING INTENSIVE CARE, OBSTETRICAL SERVICES, NEONATOLOGY, EMERGENCY CARE, SURGICAL SERVICES, AMBULATORY CARE, RADIOLOGY SERVICES, LABORATORY SERVICES, THERAPY SERVICES, SLEEP DISORDERS, AND WOUND CARE SERVICES. THE COMMUNITIES WE SERVE INCLUDE HENDERSON, UNION, AND WEBSTER COUNTIES. DEACONESS HENDERSON HOSPTITAL IS AN ACUTE CARE HOSPITAL LOCATED IN HENDERSON, KY WITH 192 LICENSED BEDS. DURING THE FISCAL YEAR ENDING SEPTEMBER 20, 2023, DEACONESS HENDERSON HOSPITAL SERVED 3,319 INPATIENTS FOR A TOTAL OF 13,423 INPATIENT DAYS OF SERVICE. THE HOSPITAL ALSO PROVIDED 25,735 EMERGENCY ROOM VISITS.

    Expenses $103,069,416 · Grants $201,238 · Revenue $132,741,734

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • GREGORY ALAN RISCH

    CHAIRMAN

    Total calculated
    $1,800
    From this org
    $0
    From related orgs
    $1,800
    Other
    $0
    Hours/week
    5

  • CURTIS MICHAEL WEBB

    VICE CHAIR

    Total calculated
    $272,954
    From this org
    $0
    From related orgs
    $222,290
    Other
    $50,664
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $190,530 related
    Bonus
    $0 + $30,317 related
    Other
    $0 + $1,443 related
    Deferred
    $0 + $21,146 related
    Nontaxable benefits
    $0 + $29,518 related
    Filer's total
    $0 + $272,954 related

  • SUSAN E PARSONS

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • CHARLES S AUSTIN

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • KELLI MATTHEW MD

    DIRECTOR & CHIEF OF STAFF

    Total calculated
    $830,105
    From this org
    $823,085
    From related orgs
    $7,020
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $823,085 + $7,020 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $823,085 + $7,020 related

  • PHILLIP SHIELDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • WESLEY SIGHTS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • JAMES FRANK VINCENT SR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • LYNN LINGAFELTER

    COO

    Total calculated
    $1,065,554
    From this org
    $0
    From related orgs
    $882,665
    Other
    $182,889
    Hours/week
    5 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $608,584 related
    Bonus
    $0 + $168,260 related
    Other
    $0 + $105,821 related
    Deferred
    $0 + $151,033 related
    Nontaxable benefits
    $0 + $31,856 related
    Filer's total
    $0 + $1,065,554 related

  • LINDA E WHITE

    CAO

    Total calculated
    $227,888
    From this org
    $207,256
    From related orgs
    $4,800
    Other
    $15,832
    Hours/week
    50 + 21 related

    Schedule J breakdown matched by us

    Base
    $177,170
    Bonus
    $27,529
    Other
    $2,557 + $4,800 related
    Deferred
    $5,002
    Nontaxable benefits
    $10,830
    Filer's total
    $223,088 + $4,800 related

  • CHERYL WATHEN

    VP & CFO

    Total calculated
    $1,021,795
    From this org
    $0
    From related orgs
    $820,174
    Other
    $201,621
    Hours/week
    5 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $577,576 related
    Bonus
    $0 + $134,675 related
    Other
    $0 + $107,923 related
    Deferred
    $0 + $159,494 related
    Nontaxable benefits
    $0 + $42,127 related
    Filer's total
    $0 + $1,021,795 related

  • STEPHANIE JENKINS

    INTEGRATION DIRECTOR

    Total calculated
    $185,128
    From this org
    $176,263
    From related orgs
    $0
    Other
    $8,865
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $155,123
    Bonus
    $21,026
    Other
    $114
    Deferred
    $8,334
    Nontaxable benefits
    $531
    Filer's total
    $185,128

  • KRISTOPHER BEICKMAN MD

    PHYSICIAN

    Total calculated
    $571,293
    From this org
    $526,092
    From related orgs
    $0
    Other
    $45,201
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $475,656
    Bonus
    $18,489
    Other
    $31,947
    Deferred
    $16,580
    Nontaxable benefits
    $28,621
    Filer's total
    $571,293

  • SARAH O'NAN

    PHYSICIAN

    Total calculated
    $510,008
    From this org
    $473,188
    From related orgs
    $0
    Other
    $36,820
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $421,835
    Bonus
    $21,989
    Other
    $29,364
    Deferred
    $16,580
    Nontaxable benefits
    $20,240
    Filer's total
    $510,008

  • AMBER KOON MD

    PHYSICIAN

    Total calculated
    $488,223
    From this org
    $444,141
    From related orgs
    $0
    Other
    $44,082
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $371,006
    Bonus
    $35,000
    Other
    $38,135
    Deferred
    $16,580
    Nontaxable benefits
    $27,502
    Filer's total
    $488,223

  • RICARDO MADDELA MD

    PHYSICIAN

    Total calculated
    $434,522
    From this org
    $414,743
    From related orgs
    $0
    Other
    $19,779
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $369,368
    Bonus
    $7,750
    Other
    $37,625
    Deferred
    $16,580
    Nontaxable benefits
    $3,199
    Filer's total
    $434,522

  • QUANG L NGUYEN MD

    PHYSICIAN

    Total calculated
    $227,320
    From this org
    $219,835
    From related orgs
    $0
    Other
    $7,485
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $205,708
    Bonus
    $0
    Other
    $14,127
    Deferred
    $0
    Nontaxable benefits
    $7,485
    Filer's total
    $227,320

  • DENNIS BECK MD

    DIRECTOR & ASSOC. CMO

    Total calculated
    $496,940
    From this org
    $0
    From related orgs
    $447,930
    Other
    $49,010
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $388,057 related
    Bonus
    $0 + $57,837 related
    Other
    $0 + $2,036 related
    Deferred
    $0 + $16,580 related
    Nontaxable benefits
    $0 + $32,430 related
    Filer's total
    $0 + $496,940 related

  • DIRK MORGAN

    FORMER CFO

    Total calculated
    $268,989
    From this org
    $0
    From related orgs
    $253,679
    Other
    $15,310
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $202,587 related
    Bonus
    $0 + $49,878 related
    Other
    $0 + $1,214 related
    Deferred
    $0 + $13,266 related
    Nontaxable benefits
    $0 + $2,044 related
    Filer's total
    $0 + $268,989 related

  • CLAUDIA EISENMANN

    FORMER CEO

    Total calculated
    $426,513
    From this org
    $0
    From related orgs
    $399,486
    Other
    $27,027
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $343,460 related
    Bonus
    $0 + $52,803 related
    Other
    $0 + $3,223 related
    Deferred
    $0 + $16,580 related
    Nontaxable benefits
    $0 + $10,447 related
    Filer's total
    $0 + $426,513 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
NONQUALIFIED PAYMENTS: CHERYL WATHEN $20,500 LYNN LINGAFELTER $20,500 PART 1, 4B: LYNN LINGAFELTER: SUPPLEMENTAL ACCUMULATION ACCOUNT CONTRIBUTIONS OF $126,485.28 SUPPLEMENTAL ACCUMULATION ACCOUNT PAYOUT OF $97,783.51 CHERYL WATHEN: SUPPLEMENTAL ACCUMULATION ACCOUNT CONTRIBUTIONS OF $119,207.04 SUPPLEMENTAL ACCUMULATION ACCOUNT PAYOUT OF $92,510.50
PART I, LINE 6
COMPENSATION CONTINGENT UPON NET EARNINGS: INCENTIVE COMPENSATION PAYMENTS MADE BY THE ORGANIZATION ARE BASED UPON SUCCESSFUL ACHIEVEMENT OF ESTABLISHED INPATIENT SATISFACTION MEASURES, OUTPATIENT SATISFACTION MEASURES, COMPLIANCE WITH PUBLICLY REPORTED QUALITY INDICATORS, OPERATING MARGIN AS WELL AS OTHER TECHNICAL AND PERSONAL FUNCTIONAL GOALS OF BOTH THE ORGANIZATION AND RELATED ORGANIZATIONS. DEACONESS HOSPITAL'S INCENTIVE COMPENSATION PROGRAMS ARE FORMULATED TO REWARD BEHAVIOR THAT BALANCES PATIENT NEEDS AND EFFICIENT DELIVERY OF PATIENT CARE TO ENSURE THE BEST OUTCOMES ARE ACHIEVED.
PART I, LINE 7
PHYSICIANS ARE ELIGIBLE FOR INCENTIVE COMPENSATION. THE PHYSICIAN IS COMPENSATED FOR EACH WORK RVU PERFORMED BY A PHYSICIAN IN A CALENDAR YEAR IN EXCESS OF THE PHYSICIAN'S WORK RVU INCENTIVE THRESHOLD FOR THE CALENDAR YEAR MULTIPLIED BY THE INCENTIVE RVU PAYMENT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
15 August 2024
IRS schema version
2022v5.0
Source object
202422289349301892

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