Overview
What is Washington Regional Medical System?
Washington Regional Medical System (WRMS) is a nonprofit organization headquartered in Fayetteville, Arkansas, that offers management, strategic planning, and financial support to various healthcare entities, including WRMC, WR Medicorp, WRM Services, WRM Foundation, and Eureka Regional Health. With a team of over 80 physicians and 58 advanced practice nurses/physician assistants, WRMS focuses on senior health, neurosurgery, pain management, urology, radiology services, internal medicine, and cardiac services through its twenty-five specialty clinics. These clinics served over 761,000 relative value units in 2022, providing essential healthcare services regardless of a patient's ability to pay. By overseeing the Boards of Directors and providing strategic guidance, WRMS ensures these subsidiary companies can effectively accomplish their tax-exempt purpose of providing healthcare to residents in the Northwest Arkansas area. Additionally, WRMS operates primary care, specialty care, and hospital-based care facilities, such as hospitalists and emergency care.
Is Washington Regional Medical System legitimate?
Washington Regional Medical System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington Regional Medical System 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $106,253,392
For more financial information, click here
Mission Statement of Washington Regional Medical System
Washington Regional Medical System (WRMS) serves as the management and financial backbone for various healthcare entities, including WRMC, WR Medicorp, WRM Services, WRM Foundation, and Eureka Regional Health. By overseeing the Boards of Directors and guiding various members of management, WRMS ensures these subsidiary organizations can effectively carry out their tax-exempt mission of delivering healthcare to Northwest Arkansas residents.
In addition to providing strategic planning and financial support, WRMS operates physician clinics offering primary, specialty, and hospital-based care. These clinics encompass hospitalists and emergency services, addressing the diverse healthcare needs of the community. Through these efforts, WRMS plays a crucial role in enhancing the capabilities of its subsidiary entities, enabling them to fulfill their mission of providing healthcare services to the Northwest Arkansas region.
Impact
This information is meant to be a general summary of Washington Regional Medical System. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Washington Regional Medical System's impact is significant in providing management, strategic planning, and financial support to Washington Regional Medical Center (WRMC), Washington Regional Medicorp, Washington Regional Medical Services, Washington Regional Foundation, and Eureka Regional Health. Through its oversight and guidance, the organization ensures that these entities can fulfill their tax-exempt purpose of delivering healthcare services to residents of the Northwest Arkansas area. With a network of twenty-five specialty clinics staffed by 80 physicians and 58 advanced practice providers, Washington Regional Medical System focuses on various medical specialties such as senior health, neurosurgery, pain management, urology, radiology services, internal medicine, and cardiac services. Patients in the community receive treatment regardless of their ability to pay, showcasing the organization's commitment to providing accessible healthcare services.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$74,877,825
SUBISIDIZED SERVICES REVENUE
Revenue
$8,147,071
OTHER PROGRAM SERVICE REVENUE
Revenue
$4,112,579
LOSS IN EQUITY INVESTEE
Revenue
$-118
Organization Details
Founding Year
1988
Phone
(479) 463-1120
Principal Officer
Larry Shackelford
Main Address
3215 N NORTH HILLS BLVD, FAYETTEVILLE, AR, 72703
NTEE Category
Code: E21 - Health
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