Overview
What is King's Daughters Medical Specialties Inc?
King's Daughters Medical Specialties Inc is a nonprofit organization located at 2201 Lexington Avenue in Ashland, Kentucky (41101). With a team of 140 physicians and 106 advanced practitioners, KDMS offers medical services through 30 specialties and primary care in 40 locations. Their mission is to provide quality healthcare, delivering value to the patient, payer, and healthcare system. KDMS employs a total of 277 individuals and offers access to information technology and leadership in the rapidly evolving healthcare environment. In FY2022, they served approximately 92,854 patients and provided $890,114.89 in charity care.
Official website here: www.kingsdaughtershealth.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88% (Three-Star out of Four Star rating)
King's Daughters Medical Specialties Inc has achieved an 88% rating, reflecting strong performance in accountability and finance. This score, derived from a single beacon score, indicates a commitment to transparency and responsible financial management, with an independent board, comprehensive conflict of interest policies, and thorough documentation practices.
One of the organization's notable strengths is its perfect score in program expense ratio, suggesting that the majority of its resources are directed towards its programs. Additionally, the lack of material diversion of assets and the presence of an audit and oversight committee further enhance its credibility. The organization has taken important steps to ensure that it operates ethically and responsibly.
However, there is a moderate liability to assets ratio of 60.57%, which could imply potential financial risk. While the organization scores well in many areas, further improvement in managing liabilities could enhance its overall financial health and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is King's Daughters Medical Specialties Inc legitimate?
King's Daughters Medical Specialties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. King's Daughters Medical Specialties Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,944,903
For more financial information, click here
Official website here: www.kingsdaughtershealth.com
What is the mission statement of King's Daughters Medical Specialties Inc?
King's Daughters Medical Specialties Inc is dedicated to delivering quality healthcare services, offering value to patients, payers, and the organization itself. This integrated system of medical specialists and primary care physicians serves as a resource for physician recruitment, retention, and employment. King's Daughters Medical Specialties (KDMS) provides access to advanced information technology and offers leadership and direction in the rapidly transforming healthcare environment with evolving payor demands. The primary goals of KDMS include the provision of high-quality services that add value to all parties involved.
Official website here: www.kingsdaughtershealth.com
Who is the CEO of King's Daughters Medical Specialties Inc?
Sara Marks is the Vp/Coo of King's Daughters Medical Specialties Inc.
Official website here: www.kingsdaughtershealth.com
What is the revenue of King's Daughters Medical Specialties Inc?
King's Daughters Medical Specialties Inc's revenue in 2022 was $83,906,458.
Official website here: www.kingsdaughtershealth.com
Who are the executives of King's Daughters Medical Specialties Inc and what are their salaries?
The average compensation at King's Daughters Medical Specialties Inc during 2022 was $317,491. There are 277 employees and 8 volunteers at King's Daughters Medical Specialties Inc.
Here are 17 key members and their salaries:
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- Related: $2,269,672
- Other: $2,437
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- Related: $641,478
- Other: $79,681
- Compensation: $0
- Related: $681,233
- Other: $32,931
- Compensation: $0
- Related: $652,411
- Other: $90,218
- Compensation: $1,643,418
- Related: $0
- Other: $17,650
- Compensation: $1,449,368
- Related: $0
- Other: $46,501
- Compensation: $1,659,008
- Related: $0
- Other: $43,468
- Compensation: $1,355,893
- Related: $0
- Other: $41,218
- Compensation: $1,343,163
- Related: $0
- Other: $42,196
Official website here: www.kingsdaughtershealth.com
Where can I find the form 990 for King's Daughters Medical Specialties Inc?
King's Daughters Medical Specialties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kingsdaughtershealth.com
Learn more at the official website: www.kingsdaughtershealth.com
Mission Statement of King's Daughters Medical Specialties Inc
King's Daughters Medical Specialties Inc, a system of integrated medical specialists and primary care physicians, aims to provide a platform for physician recruitment, retention, and employment. This organization is dedicated to delivering quality healthcare services that bring value to patients, payers, and the healthcare system itself.
King's Daughters Medical Specialties (KDMS) provides access to advanced information technology and offers leadership and direction in the rapidly transforming healthcare environment with evolving payor demands. By focusing on the delivery of quality services that are valuable to all parties involved, KDMS strives to meet the needs of an ever-changing industry. The team at KDMS is committed to ensuring that the care provided is of the highest standard, catering to the requirements of patients and payers alike. In doing so, the organization fosters a healthcare system that is both efficient and effective.
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Impact
August, 2024
King's Daughters Medical Specialties Inc, operating as an integrated system of medical specialists and primary care physicians, plays a significant role in delivering quality healthcare services that provide value to patients, payers, and the healthcare system. With 30 medical specialties and primary care physicians spread across 40 different locations in Ashland, KY, this organization impacts the community by offering access to a wide range of healthcare services.
The 140 physicians and 106 advanced practitioners of King's Daughters Medical Specialties Inc collectively attended to approximately 92,854 patients during FY2022, demonstrating a substantial reach in providing healthcare services to the local population. Additionally, the organization's provision of $890,114.89 in charity care underscores its commitment to ensuring that all individuals have access to necessary medical treatment, regardless of their financial circumstances.
By focusing on physician recruitment, retention, and employment, King's Daughters Medical Specialties Inc not only enhances access to specialized medical care but also contributes to the overall health and well-being of the community. Through its efforts to deliver quality services and value to patients, payers, and the healthcare system, this organization makes a positive impact on the health outcomes and quality of life of individuals in Ashland, KY, and beyond.
This information is meant to be a general summary of King's Daughters Medical Specialties Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,057
- Program Service Revenue: $83,715,401
- Gross Receipts: $83,921,458
Assets and Liabilities:
- Total Assets: $20,131,901
- Total Liabilities: $12,195,414
- Net Assets: $7,936,487
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$83,592,613
MEANINGFUL USE REVENUE
Revenue
$122,788
Organization Details
Founding Year
2009
Phone
(606) 408-4000Principal Officer
Sara Marks
Main Address
2201 LEXINGTON AVENUE, ASHLAND, KY, 41101
Website
www.kingsdaughtershealth.comNTEE Category
Code: E30 - Health
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