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Wellmont Cardiology Services

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263557623 ✦ Johnson city, TN ✦ Designated as a 501(c)(3)

Overview

What is Wellmont Cardiology Services?

Wellmont Cardiology Services (WCS) is a nonprofit organization based in Johnson City, Tennessee, dedicated to providing top-quality cardiovascular services to the Northeast Tennessee, Southwest Virginia, Southeast Kentucky, and Northwest North Carolina regions. Established in 1978, WCS has grown to become the largest provider of comprehensive cardiovascular services in the area. With a team of 57 certified cardiologists, cardiovascular and thoracic surgeons, and other healthcare professionals, WCS diagnoses, treats, and manages all aspects of adult cardiovascular disease. Their services include general cardiology, preventive cardiology, electrophysiology, interventional cardiology, vascular medicine, structural heart disease, heart failure management, cardiovascular and thoracic surgery, and advanced cardiovascular imaging. WCS strives to improve the cardiovascular health of the region and deliver affordable, high-quality heart and vascular care with compassion. They had 129,210 outpatient encounters and performed 3,778 surgical procedures in fiscal year 2022. WCS also offers financial assistance to individuals who cannot afford essential medical services, and sponsors and participates in educational programs promoting healthy lifestyles and improving the quality of care in the region.


Official website here: www.balladhealth.org

Is Wellmont Cardiology Services legitimate?

Wellmont Cardiology Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellmont Cardiology Services submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $5,936,293
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,663,269

For more financial information, click here


Official website here: www.balladhealth.org

What is the mission statement of Wellmont Cardiology Services?

Wellmont Cardiology Services (WCS) is committed to delivering the best possible care to those they serve. This mission-driven organization provides comprehensive cardiovascular services, encompassing all aspects of adult cardiovascular disease. With a team of 57 certified cardiologists, cardiovascular and thoracic surgeons, WCS diagnoses, treats, and manages various heart and vascular conditions. Their services range from general cardiology and preventive cardiology to electrophysiology, interventional cardiology, and advanced cardiovascular imaging. WCS is also dedicated to improving the health of the communities they serve and increasing access to quality, affordable healthcare. They offer clinical research opportunities and serve as a teaching institution through the Cardiovascular University. WCS provides care for individuals unable to pay for essential medical services and supports educational programs on healthy lifestyles and risk factor identification. In fiscal year 2022, WCS had 129,210 outpatient encounters and performed 3,778 surgical procedures.


Official website here: www.balladhealth.org

Who is the CEO of Wellmont Cardiology Services?

Chase Wilson is the Vice President of Wellmont Cardiology Services.


Official website here: www.balladhealth.org

What is the revenue of Wellmont Cardiology Services?

Wellmont Cardiology Services's revenue in 2022 was $62,431,042.


Official website here: www.balladhealth.org

Who are the executives of Wellmont Cardiology Services and what are their salaries?

The average compensation at Wellmont Cardiology Services during 2022 was $134,116. There are 340 employees at Wellmont Cardiology Services.

Here are 22 key members and their salaries:

    Marvin Eichorn (Bh Evp/Cao) [Trustee/Director]
  • Compensation: $0
  • Related: $1,154,466
  • Other: $43,904

    • Eric Deaton (Bh Evp/Coo) [Trustee/Director]
  • Compensation: $0
  • Related: $1,021,443
  • Other: $104,184

    • David Metzger Md (Physician)
  • Compensation: $938,717
  • Related: $0
  • Other: $36,985

    • Clay Runnels Md (Bh Evp & Chief Physician Exec) [Trustee/Director]
  • Compensation: $0
  • Related: $811,148
  • Other: $93,765

    • Mark Patterson Md (Bhma Svp/President) [Trustee/Director]
  • Compensation: $0
  • Related: $716,186
  • Other: $86,766

    • Jack Whitaker Md (Physician)
  • Compensation: $750,413
  • Related: $0
  • Other: $30,088

    • Tony Keck (Bh Evp/Sys Innov & Cpmo) [Trustee/Director]
  • Compensation: $0
  • Related: $664,042
  • Other: $85,520

    • Julius Gasso Md (Physician)
  • Compensation: $676,761
  • Related: $0
  • Other: $34,930

    • Mark Chang Md (President) [Trustee/Director]
  • Compensation: $666,510
  • Related: $0
  • Other: $41,083

    • Pierre Istfan Md (Physician)
  • Compensation: $658,858
  • Related: $0
  • Other: $42,324

    • David Beckner Md (Physician)
  • Compensation: $649,637
  • Related: $0
  • Other: $43,829

    • Joseph Foley Md End 1221 (Physician) [Trustee/Director]
  • Compensation: $644,971
  • Related: $0
  • Other: $42,598

    • Eduardo Fernandez Md (Physician) [Trustee/Director]
  • Compensation: $634,124
  • Related: $0
  • Other: $42,428

    • Stanley Gall Jr Md (Vice President) [Trustee/Director]
  • Compensation: $635,438
  • Related: $0
  • Other: $40,887

    • Marc Counts Md (Physician) [Trustee/Director]
  • Compensation: $630,598
  • Related: $0
  • Other: $45,230

    • Keith Kramer Md (Physician) [Trustee/Director]
  • Compensation: $631,352
  • Related: $0
  • Other: $43,268

    • Matthew Luff Md End 5922 (Secretary) [Trustee/Director]
  • Compensation: $631,834
  • Related: $0
  • Other: $41,279

    • Sherryl Croitor Md Start 621 (Physician) [Trustee/Director]
  • Compensation: $641,798
  • Related: $0
  • Other: $21,176

    • Chase Wilson (Bhma Vp, Coo/Cfo)
  • Compensation: $0
  • Related: $279,940
  • Other: $38,130

    • Lori Jackson (Former Key Emp Avp/Svc Line Leader)
  • Compensation: $0
  • Related: $269,237
  • Other: $21,801

    • Thomas Helton Md Start 11322 (Physician) [Trustee/Director]
  • Compensation: $268,879
  • Related: $0
  • Other: $209

    • Leanne Cox End 102020 (Former Officer Vp/Cfo)
  • Compensation: $0
  • Related: $105,169
  • Other: $31,799


  • Official website here: www.balladhealth.org

    Where can I find the form 990 for Wellmont Cardiology Services?

    The Wellmont Cardiology Services’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.balladhealth.org

    Learn more at the official website: www.balladhealth.org

    Mission Statement of Wellmont Cardiology Services

    Wellmont Cardiology Services, a leading provider of comprehensive cardiovascular services in the Northeast Tennessee, Southwest Virginia, Southeast Kentucky, and Northwest North Carolina regions, is dedicated to delivering the best possible care to those it serves. This mission is rooted in a deep commitment to improving the cardiovascular health of the community and offering high-quality, cost-effective heart and vascular care with compassion.

    Founded in 1978 as Cardiovascular Associates, Wellmont Cardiology Services has grown to become the region's largest cardiovascular services provider, boasting a team of 57 certified cardiologists and cardiovascular and thoracic surgeons. These medical professionals work in twelve community offices and the nine member hospitals of Wellmont Health System, providing a full range of services including general cardiology, preventive cardiology, electrophysiology, interventional cardiology, vascular medicine, structural heart disease, heart failure management, cardiovascular and thoracic surgery, and advanced cardiovascular imaging.

    Wellmont Cardiology Services is more than just a medical provider; it is a community advocate and leader in clinical research and teaching. The organization serves as a vital resource for improving access to quality, affordable healthcare, educating regional caregivers, and contributing to the overall health and wellbeing of the communities it serves. In fiscal year 2022, it had 129,210 outpatient encounters and performed 3,778 surgical procedures.

    Wellmont Cardiology Services' compassionate approach extends beyond its clinical offerings. It acknowledges its responsibility to provide essential medical services to individuals who cannot afford them, accepting all patients regardless of their ability to pay. This commitment to charity care resulted in a loss of $593,993 during fiscal year 2022. Additionally, the organization supports various initiatives aimed at improving the region's quality of life, including educational programs on healthy lifestyles and risk factor identification, and diagnostic and treatment options. These efforts have earned Wellmont Cardiology Services recognition as a top performer in cardiovascular care, with a 100% quality performance score for NSTEMI and STEMI in the 2019 Performance Achievement Award from the American College of Cardiology.

    Impact

    This information is meant to be a general summary of Wellmont Cardiology Services. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Wellmont Cardiology Services has a significant impact on the cardiovascular health of the Northeast Tennessee/Southwest Virginia region and beyond. With a team of 57 certified cardiologists and cardiovascular and thoracic surgeons, operating in twelve community offices and nine member hospitals of Wellmont Health System, they provide top-quality cardiovascular services to a wide geographic area.

    In fiscal year 2022 alone, Wellmont Cardiology Services had 129,210 outpatient encounters and performed 3,778 surgical procedures. This demonstrates their commitment to diagnosing, treating, and managing all aspects of adult cardiovascular disease. Additionally, through their leadership in clinical research and as a teaching institution, they contribute to the advancement of heart and vascular care.

    Furthermore, Wellmont Cardiology Services goes beyond medical care by providing charity services to individuals who cannot afford essential medical services. In fiscal year 2022, they incurred a loss of $593,993 attributable to the provision of charity care, showcasing their dedication to serving all members of the community regardless of their ability to pay.

    Overall, Wellmont Cardiology Services plays a crucial role in improving the cardiovascular health of the region, delivering high-quality care with compassion, and contributing to the overall quality of life in the areas they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,146
  • Program Service Revenue: $61,959,616
  • Gross Receipts: $62,431,042

    • Assets and Liabilities:
  • Total Assets: $5,691,536
  • Total Liabilities: $11,951,369
  • Net Assets: -$6,259,833
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Hospital Support

    Revenue

    $28,308,713

    Net Patient Revenue

    Revenue

    $27,706,086

    Clinical Services

    Revenue

    $3,269,282

    CARES Act Revenue

    Revenue

    $1,623,491

    Research Revenue

    Revenue

    $1,018,397

    Organization Details

    Founding Year

    2010

    Principal Officer

    Chase Wilson

    Main Address

    311 Princeton Road Suite 1, Johnson City, TN, 376012080

    NTEE Category

    Code: G43 - Disease

    If you are a representative of Wellmont Cardiology Services and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.