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Parkwest Medical Center

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

EIN: 581897274 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

Overview

What is Parkwest Medical Center?

Parkwest Medical Center, a not-for-profit hospital in Knoxville, Tennessee, has been serving the community since 1973. It became part of the Covenant Health system in 1996 and has grown into a leading healthcare provider with a focus on courtesy, compassion, and respect. With 2,602 employees, Parkwest offers a wide range of services through its full-service acute care hospital and psychiatric hospital in neighboring Blount County. Its excellence in orthopedics, cardiology, surgical, and behavioral health has earned it numerous recognitions, including being rated as a high-performing hospital by U.S. News & World Report, and designations as a Blue Distinction Center+ and Top 50 Cardiovascular Hospital. Parkwest is committed to giving back to the community, providing over $194,000 in transportation and taxi fees in 2022, and participating in local health events and screenings. Peninsula, its behavioral services division, offers inpatient and outpatient programs for children, adolescents, and adults, as well as several no-cost community programs. Parkwest Medical Center and its subsidiaries aim to improve the community's quality of life through better health, regardless of financial ability.


Official website here: www.covenanthealth.com/parkwest/

Is Parkwest Medical Center legitimate?

Parkwest Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkwest Medical Center 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: $1,076,605
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,524,852

For more financial information, click here


Official website here: www.covenanthealth.com/parkwest/

What is the mission statement of Parkwest Medical Center?

Parkwest Medical Center is dedicated to providing quality healthcare to individuals, in alignment with Covenant Health's mission, regardless of their ability to pay. Founded in 1973, the hospital has grown to become a leading healthcare provider, renowned for excellence in orthopedics, cardiology, surgical care, and behavioral health. In 2022, it served over a quarter of a million patients, with 82% being outpatients and 18% inpatients. The hospital has received numerous accolades, including being ranked as the #4 Best hospital in Tennessee and the #1 hospital in the Knoxville metro area by U.S. News & World Report. Additionally, it has earned various Blue Distinction Center and Top 50 Cardiovascular Hospital recognitions. Going beyond medical care, Parkwest and its behavioral services division, Peninsula, also provide community outreach programs and support for mental health patients. Peninsula offers several no-cost programs, including ComPASS and Peer Support Academies, to help those in need cope with suicide loss, mental illness, and addiction.


Official website here: www.covenanthealth.com/parkwest/

Who is the CEO of Parkwest Medical Center?

James D Vandersteeg is the President & Ceo of Parkwest Medical Center. The CEO's salary of Parkwest Medical Center is $0 and their total compensation is $2,662,703.


Official website here: www.covenanthealth.com/parkwest/

What is the revenue of Parkwest Medical Center?

Parkwest Medical Center's revenue in 2022 was $399,381,923.


Official website here: www.covenanthealth.com/parkwest/

Who are the executives of Parkwest Medical Center and what are their salaries?

The average compensation at Parkwest Medical Center during 2022 was $38,279. There are 2,602 employees and 116 volunteers at Parkwest Medical Center.

Here are 36 key members and their salaries (Parkwest Medical Center's CEO's salary is $0 and their total compensation is $2,662,703):

    James D Vandersteeg (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $2,346,646
  • Other: $316,057

    • John T Geppi (Evp/Cfo)
  • Compensation: $0
  • Related: $1,099,851
  • Other: $33,916

    • Michael R Belbeck Jr (Interim Pres & Cao-Pwmc/Evp-Hosp Ops)
  • Compensation: $0
  • Related: $898,340
  • Other: $88,783

    • Neil A Heatherly (Fmr Pres & Cao)
  • Compensation: $0
  • Related: $480,721
  • Other: $24,684

    • Rajendra T Raman Md (Physician - Behavioral)
  • Compensation: $384,197
  • Related: $0
  • Other: $48,429

    • John G Kupfner Md (Physician - Behavioral)
  • Compensation: $364,674
  • Related: $0
  • Other: $47,067

    • Shyam P Vuyyuru Md (Physician - Behavioral)
  • Compensation: $345,207
  • Related: $0
  • Other: $46,215

    • Surendra K Sharma Md (Physician - Behavioral)
  • Compensation: $326,734
  • Related: $0
  • Other: $48,369

    • Mujeeb H Khan Md (Physician - Behavioral)
  • Compensation: $321,718
  • Related: $0
  • Other: $29,469

    • Michael Cavacos (Vp - Chief Nursing Officer)
  • Compensation: $274,771
  • Related: $0
  • Other: $19,916

    • M Scott Hamilton (Vp - Financial Services)
  • Compensation: $247,377
  • Related: $0
  • Other: $41,607

    • W Jason Draper (Vp - Support Services)
  • Compensation: $213,847
  • Related: $0
  • Other: $39,271

    • Elizabeth Clary (Vp - Behavioral Health)
  • Compensation: $212,850
  • Related: $0
  • Other: $26,966

    • Devan C Johnson (President & Cao)
  • Compensation: $0
  • Related: $191,777
  • Other: $8,105

    • Donald Hickman (Director)
  • Compensation: $0
  • Related: $1,538
  • Other: $0

    • Jorge Sanabria (Director)
  • Compensation: $0
  • Related: $1,485
  • Other: $0

    • Edgar Gray (Director)
  • Compensation: $0
  • Related: $1,432
  • Other: $0

    • Cosby Stone (Director)
  • Compensation: $0
  • Related: $1,408
  • Other: $0

    • William Seale (Director)
  • Compensation: $0
  • Related: $1,251
  • Other: $0

    • Dave Miller (Director)
  • Compensation: $0
  • Related: $1,208
  • Other: $0

    • James Tramontana Md (Director)
  • Compensation: $0
  • Related: $1,208
  • Other: $0

    • Janice Mckinley (Director)
  • Compensation: $0
  • Related: $1,097
  • Other: $0

    • King Purnell (Director/Chair)
  • Compensation: $0
  • Related: $1,050
  • Other: $0

    • Joe Sutter (Director)
  • Compensation: $0
  • Related: $979
  • Other: $0

    • Timothy Matthews (Director)
  • Compensation: $0
  • Related: $906
  • Other: $0

    • Leslye Hartsell (Director)
  • Compensation: $0
  • Related: $889
  • Other: $0

    • Stephanie Flood (Director)
  • Compensation: $0
  • Related: $849
  • Other: $0

    • Mitchell Dickson Md (Director)
  • Compensation: $0
  • Related: $268
  • Other: $0

    • James Gibson (Director)
  • Compensation: $0
  • Related: $74
  • Other: $0

    • Gerald Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Willard Campbell Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Casey Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronni Chandler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alvin Nance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Ogle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.covenanthealth.com/parkwest/

    Where can I find the form 990 for Parkwest Medical Center?

    The Parkwest Medical Center’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.covenanthealth.com/parkwest/

    Learn more at the official website: www.covenanthealth.com/parkwest/

    Mission Statement of Parkwest Medical Center

    Parkwest Medical Center, a renowned healthcare provider, is dedicated to delivering quality healthcare services, aligning with the mission of its parent organization, Covenant Health, to enhance the quality of life through better health, irrespective of a patient's ability to pay. Established in 1973, this not-for-profit institution has been serving its community for over four decades. It comprises a full-service acute care hospital and a psychiatric hospital, collectively accommodating 456 beds.

    At Parkwest Medical Center, every patient and visitor is treated with courtesy, compassion, and respect. The organization is best known for its excellence in orthopedics, cardiology, surgical, and behavioral health services. In 2022, the medical center served 255,633 patients, out of which 237,377 were outpatients, and 18,256 were inpatients, with an average length-of-stay of 5.12 days. This institution has received numerous accolades for its exceptional care and dedication to improving community health. It has been recognized by U.S. News & World Report as the #4 Best hospital in Tennessee and the #1 hospital in the Knoxville metro area. Additionally, BlueCross BlueShield and IBM Watson Health have given the hospital various designations for its excellent work in various healthcare areas.

    In line with its commitment to the community, Parkwest Medical Center goes beyond providing healthcare services. It offers transportation assistance for patients, participates in local health fairs, and raises funds and awareness for heart disease. Moreover, as a member of Covenant Health, it participates in the "We Honor Veterans" program, recognizing and celebrating patients and employees who are veterans. In the mental health sector, Parkwest Medical Center's behavioral services division, Peninsula, offers a range of inpatient and outpatient services for children, adolescents, and adults, as well as several no-cost programs for community members. Together, these initiatives demonstrate Parkwest Medical Center's unwavering dedication to serving its community and enhancing the overall quality of life.

    Impact

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




    Thursday, August 15, 2024

    Parkwest Medical Center's impact is significant in the Knoxville area, as it plays a crucial role in providing quality healthcare services to the community. With a strong focus on treating every patient and visitor with courtesy, compassion, and respect, Parkwest is known for its excellence in various medical fields including orthopedics, cardiology, surgical, and behavioral health.

    The hospital has been recognized multiple times for its high-quality care, including being ranked as the #4 Best hospital in Tennessee by U.S. News & World Report. It has also received various awards and designations for specific medical specialties such as knee and hip replacements, stroke care, and heart health.

    Parkwest Medical Center not only provides exceptional medical care but also actively engages in community outreach initiatives. The hospital has participated in events like the Greater Knoxville Heart Walk and health fair screenings, demonstrating its commitment to improving the community's overall quality of life through better health.

    Furthermore, through its dedicated behavioral services division, Peninsula, Parkwest is able to provide essential mental health services to individuals in need. From inpatient and outpatient programs to support groups and peer support academies, Peninsula offers a comprehensive range of services to help individuals recover from mental health disorders and dependencies.

    Overall, Parkwest Medical Center's impact extends beyond just providing healthcare services; it contributes to the well-being of the community by ensuring access to high-quality medical care and supporting individuals in their journey towards better health and wellness.





    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: $137,550
  • Program Service Revenue: $390,400,411
  • Gross Receipts: $402,613,306

    • Assets and Liabilities:
  • Total Assets: $314,311,866
  • Total Liabilities: $38,347,125
  • Net Assets: $275,964,741
  • Programs

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

    Net Patient Revenue

    Revenue

    $379,428,529

    Pharmacy

    Revenue

    $10,695,203

    Laboratory

    Revenue

    $261,150

    Rental Income - Exempt Affiliate

    Revenue

    $15,529

    Organization Details

    Founding Year

    1990

    Principal Officer

    James D Vandersteeg

    Main Address

    1420 Centerpoint Blvd Bldg C, Knoxville, TN, 379321960

    NTEE Category

    Code: E22 - Health

    If you are a representative of Parkwest Medical Center 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.