Hospital Development Co FY2021 filing
Improves community health through disease prevention, treatment, and medical education. For fiscal year 2021 it reported $52.0M in revenue, $49.3M in expenses, and $18.6M in net assets.Pt I
- Founded
- 1966
- Type
- Hospital · Nonprofit
- Location
- Spencer, WV
- Website
- roanegeneralhospital.com
- Filings
- 5 on file (2020–2021)
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Summary of the Filing
Where the work happens
Roane General Hospital generated gross revenue of $101,074,643 of which $55,438,231 was uncollectible due to contractual agreements with Medicare, Medicaid and other third-party payors. Bad debts due to inability or unwillingness of patients to pay amounted to $2,588,520.
The Hospital provided community health education and health screening services at reduced fees during the year including health fairs; diabetes education seminars and screenings; and sports physicals. The Hospital served a total of 4,235 community participants through its community health education and health screening programs.
As a Critical Access hospital we provided health care services to our community which included the following days of care: Skilled/Intermediate Care Facility 11,629; Swing 1,913; Respite 54; and Acute Care 1,072.Additionally, we provided 49,051 outpatient diagnostic visits; 5,952 emergency room visits and 33,611 rural health clinic…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Stephen Groves MD | $668,696 | $521,205 | $561,033 | $502,534 | $454,747 |
| Brent Watson MD | $634,197 | $589,976 | $551,583 | $480,219 | $448,153 |
| Scott Duffy MD | $611,664 | $602,422 | $611,476 | $545,551 | $499,227 |
| Doug Bentz | $407,632 | $597,140 | $380,212 | $406,381 | $380,844 |
| Richard Bowman MD | $378,632 | $387,890 | $480,311 | $511,759 | $524,295 |
| Phillip Prusack | $521,939 | — | — | — | — |
| Christopher Lambert MD | — | $393,092 | $458,503 | $428,118 | $341,639 |
| Hong-Kin Ng MD | $405,164 | $368,541 | $386,602 | $384,915 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 79% | — | — |
| Overhead ratio | 21% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 13% | — | — |
| Legal fee ratio | 0.1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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