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Holmes Regional Medical Center Inc

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

EIN: 590624371 ✦ Rockledge, FL ✦ Designated as a 501(c)(3)

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Overview

What is Holmes Regional Medical Center Inc?

Holmes Regional Medical Center Inc, based in Rockledge, Florida, is a renowned nonprofit hospital with 550 acute beds and over 570 dedicated physicians. It serves as the premier tertiary referral hospital in the area, offering life-saving technology and innovative procedures. Their Heart Center performs the most cardiac procedures in Brevard, with state-of-the-art technology and facilities. The hospital features a rooftop landing site for a medical helicopter and advanced structural heart programs, including TAVR and robotic-assisted surgeries. Holmes Regional Medical Center is the only joint commission-certified thrombectomy-capable stroke center in Brevard and Indian River County. They provide top-tier medical services, adhering to their mission to serve the community regardless of race, creed, gender, or ability to pay. The hospitals went above and beyond during the COVID-19 pandemic, ensuring proper care environments and adhering to CDC guidelines. They provide free and subsidized care to those in need, and offer community wellness programs.


Official website here: www.hf.org/

What are the reviews and ratings of this charity?

96% rating from Charity Navigator.

Holmes Regional Medical Center Inc has achieved a Four-Star out of Four Star rating, indicating a high level of accountability and financial health. The organization demonstrates excellent governance with a majority of independent board members and robust oversight practices, ensuring transparency in financial management and operations. With a program expense ratio of 82.69%, the majority of its expenditures are directed towards programs, showcasing a commitment to its charitable mission.

User reviews suggest mixed experiences, particularly highlighting concerns about medical care. A client expressed dissatisfaction with a hospitalist’s handling of their condition, linking it to subsequent serious health issues. Despite this, positive feedback was given regarding the overall care received from many staff members during several hospital stays, indicating that while some experiences may vary, there are numerous commendable professionals working at the facility.

While the medical center has robust financial practices and governance, the patient experience may present challenges that need to be addressed. Continued focus on improving medical care and patient communication appears essential for maintaining and enhancing its reputation among the community it serves.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Holmes Regional Medical Center Inc legitimate?

Holmes Regional Medical Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holmes Regional Medical Center 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: $493,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,871,113

For more financial information, click here


Official website here: www.hf.org/

What is the mission statement of Holmes Regional Medical Center Inc?

Holmes Regional Medical Center Inc's team is dedicated to enhancing the health and wellbeing of individuals and their families through exceptional and compassionate healthcare services. The medical center boasts innovative technology, including Vitalwatch EICU, which combines telemedicine software and electronic monitoring technology. The center specializes in cardiac procedures and offers advanced heart care, including transcatheter aortic valve replacement (TAVR), watchman, mitraclip, and atriclip. Additionally, it is the first hospital in the area to offer robotics-assisted surgery for various procedures. The medical center provides a full spectrum of healthcare services, including intensive care, emergency, and endoscopy services. During the COVID-19 pandemic, the facility swiftly adapted to the needs of the community, setting up negative-pressure rooms and adhering to CDC guidelines for patient safety. The medical center is committed to serving all members of the community, regardless of their ability to pay, and offers free or subsidized care to those in need.


Official website here: www.hf.org/

Who is the CEO of Holmes Regional Medical Center Inc?

Taylor K Smith is the Chair of Holmes Regional Medical Center Inc. The CEO's salary of Holmes Regional Medical Center Inc is $0 and their total compensation is $942,010.


Official website here: www.hf.org/

What is the revenue of Holmes Regional Medical Center Inc?

Holmes Regional Medical Center Inc's revenue in 2022 was $817,212,449.


Official website here: www.hf.org/

Who are the executives of Holmes Regional Medical Center Inc and what are their salaries?

There 225 volunteers at Holmes Regional Medical Center Inc.


Here are 30 key members and their salaries (Holmes Regional Medical Center Inc's CEO's salary is $0 and their total compensation is $942,010):


Steven P Johnson (President/Ceo Hfi)
  • Compensation: $0
  • Related: $3,705,202
  • Other: $23,656
Brett A Esrock (President/Ceo Hfi Hosp. Services)
  • Compensation: $0
  • Related: $917,029
  • Other: $24,981
Larry S Bishop Md (Trustee (Beg 10/2021))
  • Compensation: $0
  • Related: $719,017
  • Other: $35,351
Taylor K Smith (Chair)
  • Compensation: $0
  • Related: $39,045
  • Other: $0
James C Shaw (Vice Chair)
  • Compensation: $0
  • Related: $30,474
  • Other: $0
Dana S Kilborne (Treasurer)
  • Compensation: $0
  • Related: $18,000
  • Other: $0
Robert K Henry (Secretary)
  • Compensation: $0
  • Related: $13,234
  • Other: $0
Joseph Gurri Md (Trustee)
  • Compensation: $0
  • Related: $7,805
  • Other: $0
Alan L Prestwood (Trustee)
  • Compensation: $0
  • Related: $7,206
  • Other: $0
Anthony Tran Md (Medical Staff Pres. Pbh)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Mikuen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamer Ahmed Md (Med. Staff Pres. Hrmc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim K Patrick (Trustee (Beg 10/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Fier Md (Trustee (Beg 8/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Scialdone (Evp/Cfo Hfi)
  • Compensation: $0
  • Related: $1,083,940
  • Other: $19,803
Nicholas W Romanello Esq (Assistant Secretary)
  • Compensation: $0
  • Related: $831,117
  • Other: $30,353
Michael J Mclaughlin (Vp Med Affairs Hrmc)
  • Compensation: $0
  • Related: $530,809
  • Other: $24,930
Brian R Boggs (Vp Med Affairs Comm Hospitals)
  • Compensation: $0
  • Related: $411,270
  • Other: $27,160
Angelica M Rastegarlari (Hospital Administrator Hrmc)
  • Compensation: $0
  • Related: $418,330
  • Other: $19,855
Nicki Andersen (Vp Nursing Tertiary Hospital)
  • Compensation: $0
  • Related: $347,927
  • Other: $16,255
Elizabeth Borrero (Physician Advisor)
  • Compensation: $0
  • Related: $339,932
  • Other: $12,415
James S Mitchell Iii (Former Exec Vp/Coo Hfi (End 9/2020))
  • Compensation: $0
  • Related: $1,021,794
  • Other: $15,180
Kevin B Steele (Former Trustee (End 9/2021))
  • Compensation: $0
  • Related: $697,169
  • Other: $0
Pamela A Gatto (Former Trustee (End 9/2021))
  • Compensation: $0
  • Related: $406,785
  • Other: $0
Martin W Isenman Md (Former Trustee (End 9/2021))
  • Compensation: $0
  • Related: $170,086
  • Other: $0
Frances U Pickett (Former Trustee (End 9/2019))
  • Compensation: $0
  • Related: $30,537
  • Other: $0
Dale A Dettmer Esq (Former Trustee (End 9/2019))
  • Compensation: $0
  • Related: $13,884
  • Other: $0
John F Breitfeller (Former Vice Chair (End 9/2020))
  • Compensation: $0
  • Related: $13,303
  • Other: $0
Catherine A Ford (Former Trustee (End 9/2017))
  • Compensation: $0
  • Related: $12,617
  • Other: $0
Joseph G Felkner (Former Exec Vp/Cfo Hfi (End 1/2020))
  • Compensation: $0
  • Related: $532,448
  • Other: $0


Official website here: www.hf.org/

Where can I find the form 990 for Holmes Regional Medical Center Inc?

Holmes Regional Medical Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hf.org/

Learn more at the official website: www.hf.org/

Mission Statement of Holmes Regional Medical Center Inc

Holmes Regional Medical Center Inc, a leading tertiary referral hospital, is dedicated to improving the wellness and health of individuals and their families through exceptional and compassionate healthcare. With a team of over 570 physicians, the center offers innovative, life-saving technology to all patients, including Vitalwatch EICU, which combines telemedicine software and 24/7 electronic monitoring technology. The Heart Center at Holmes Regional Medical Center performs more cardiac procedures than any other hospital in the region and features state-of-the-art cardiac catheterization suites and recovery areas. The facility also boasts a rooftop landing site for the first flight EC135 medical helicopter, providing quick access to emergency heart catheterization and stroke intervention services. Additionally, the Advanced Structural Heart Program offers progressive procedures such as transcatheter aortic valve replacement (TAVR), Watchman, Mitraclip, and AtriClip. Holmes Regional Medical Center is the first hospital in its area to offer state-of-the-art robotics-assisted surgery for various procedures, making it a trailblazer in healthcare technology. The Comprehensive Neuroscience Program offers advanced treatment and surgical procedures for various neurological conditions, providing exceptional care for the brain, spine, and peripheral nervous system.

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Impact




October, 2024

Holmes Regional Medical Center (HRMC) significantly influences the health and wellness of the community it serves through a comprehensive array of healthcare services and innovative technologies. With 550 acute beds and a team of more than 570 physicians, HRMC stands as the region's premier tertiary referral hospital, providing advanced medical care to patients.

A cornerstone of HRMC's impact is its Heart Center, which leads the region in cardiac procedures, utilizing state-of-the-art facilities for both routine and complex heart surgeries. The inclusion of technologies such as the VitalWatch eICU enhances patient monitoring, ensuring high-quality care even in critical situations.

Moreover, HRMC's recognition as a Level II Trauma Center and a certified Thrombectomy-Capable Stroke Center reflects its commitment to emergency and specialized care. Advanced imaging and endovascular surgery capabilities enable timely and effective treatment for stroke patients, ultimately saving lives and improving recovery outcomes.

The hospital's leadership in robotics-assisted surgery introduces cutting-edge techniques in various surgical fields, including cardiothoracic and gynecological procedures, minimizing recovery time for patients.

Amidst challenges like the COVID-19 pandemic, HRMC proactively adapted to ensure community safety and continued to provide essential health services. The hospital's dedication to inclusivity is evident as it delivers high-quality care irrespective of patients' backgrounds, and even offers free or subsidized care for those in need.

Holmes Regional Medical Center actively engages with the community through wellness programs, educational initiatives, and support activities tailored for diverse populations, ensuring that all individuals have access to vital healthcare resources. Through these extensive efforts, HRMC plays a pivotal role in enhancing public health and improving the quality of life in Rockledge and the surrounding areas.




This information is meant to be a general summary of Holmes Regional Medical Center 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.

Revenue
$817,212,449 (2022)
Expenses
$766,680,367 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,236,914
  • Program Service Revenue: $802,420,193
  • Gross Receipts: $817,320,863

Assets and Liabilities:

  • Total Assets: $935,688,661
  • Total Liabilities: $374,171,636
  • Net Assets: $561,517,025

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Programs

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

PATIENT SERVICE

Revenue

$591,770,286

MEDICARE/MEDICAID

Revenue

$204,324,933

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REFERENCE LAB

Revenue

$325,174

Organization Details

Founding Year

1931

Principal Officer

Taylor K Smith

Main Address

3300 FISKE BLVD, ROCKLEDGE, FL, 329554306

NTEE Category

Code: E220 - Health

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