EIN 26-3557623

Wellmont Cardiology Services

IRS 501(c) type
501(c)(3)
Num. employees
340
Year formed
2010
Most recent tax filings
2022-06-01
Description
Wellmont Cardiology Services delivers the best possible care to honor those they serve. Their mission aligns with Ballad Health's dedication to improving health in the Appalachian Highlands region. Established in 1978, Cardiovascular Associates provided comprehensive cardiovascular services to the Northeast Tennessee/Southwest Virginia region. In May 2010, WCS acquired substantially all of the assets of Cardiovascular Associates.
Related structure
Wellmont Cardiology Services is a subordinate organization under Mountain States Health Alliance (MSHA).
Total revenues
$62,431,042
2022
Total expenses
$61,907,108
2022
Total assets
$5,691,536
2022
Num. employees
340
2022

Program areas at Wellmont Cardiology Services

Cardiovascular Associates was established in 1978 to provide comprehensive cardiovascular services to the Northeast Tennessee/Southwest Virginia region. In May 2010, Wellmont Cardiology Services (WCS) acquired substantially all of the assets of Cardiovascular Associates to become the region's largest provider of comprehensive cardiovascular services.This physician group provides top-quality cardiovascular services to Northeast Tennessee, Southwest Virginia, Southeast Kentucky and Northwest North Carolina, as well as areas of West Virginia.WCS strives to improve the cardiovascular health of the region and deliver high-quality, cost-effective heart and vascular care with compassion.WCS consists of 57 certified cardiologists and cardiovascular and thoracic surgeons who work in twelve community offices and the nine member hospitals of Wellmont Health System. WCS diagnoses, treats and manages all aspects of adult cardiovascular disease. Services provided 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 also serves as a leader in clinical research and teaching institution through the Cardiovascular University.For fiscal year 2022, WCS had 129,210 outpatient encounters and performed 3,778 surgical procedures.WCS is dedicated to improving the community's access to quality, affordable healthcare, educating the region's caregivers, improving the health status of its communities, and contributing to the quality of life in the areas it serves.CHARITY AND OTHER UNREIMBURSED COSTS:CHARITY CARE: While reimbursement for healthcare services rendered is critical to the operation and sustainability of the organization, Wellmont Cardiology Services recognizes its obligation to provide care to individuals who cannot afford essential medical services, including emergency care. WCS accepts all patients regardless of their ability to pay. A patient is classified as a charity patient when they meet the established policies of WCS and guidelines outlined by the federal government. However, financial assistance decisions are not solely based on income. Unique financial circumstances are weighed with verified patient assets which can determine financial assistance eligibility. It is not until after verification of income and assets that a decision regarding the amount of financial assistance can be made. In fiscal year 2022, WCS incurred a loss of $593,993 attributable to the provision of charity careTENNCAREMEDICAIDMEDICARECHAMPUS WCS provides care to persons covered by governmental programs, such as TennCare (Tennessee residents), Medicaid, Medicare and Champus. WCS incurred a loss providing care to this population of patients during the year.It is WCS's obligation to support causes that improve the quality of life in the region. WCS sponsored or participated in educational, community-based programs on healthy lifestyles, risk factor identification, diagnostic and treatment options, including continuing education programs for physicians, nurses and allied health professionals. Such initiatives included:-Annual Cardiovascular Summit-Diabetes Expo-Diabetes Symposium-Presentations to medical societies-Regional Healthcare SymposiumWCS received the highest 2019 Performance Achievement Award from the American College of Cardiology, the nation's largest and most authoritative quality improvement registry with 1.5 million patient records. WCS's platinum level award recognizes its quality performance score of 100% for NSTEMI (a type of heart attack) and STEMI (a very serious type of heart attack in which one of the heart's major arteries is blocked).

Who funds Wellmont Cardiology Services

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mayo Clinic Group ReturnSupport Charitable Programs$6,800

Personnel at Wellmont Cardiology Services

NameTitleCompensation
Chase WilsonVice President and Chief Operating Officer - Bhma$0
Tony KeckBH Executive Vice President and Sys Innov and Cpmo$0
Stanley GallVice President / Director and Vice - Chair / Director and Vic / Physician$635,438
Mark ChangDirector and Chair and President / Director and Chair / Board Mem and Physician$666,510
Eric DeatonBH Executive Vice President and Chief Operating Officer$0
...and 4 more key personnel

Financials for Wellmont Cardiology Services

RevenuesFYE 06/2022
Total grants, contributions, etc.$50
Program services$61,959,616
Investment income and dividends$2,146
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$6,639
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$462,591
Total revenues$62,431,042

Form 990s for Wellmont Cardiology Services

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-12990View PDF
2020-062021-05-25990View PDF
2019-062020-10-16990View PDF
2018-062019-11-04990View PDF
2017-062018-11-15990View PDF
...and 7 more Form 990s
Data update history
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 3 new personnel
May 19, 2023
Updated personnel
Identified 2 new personnel
May 18, 2023
Received grants
Identified 1 new grant, including a grant for $12,530 from Mayo Clinic Group Return
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
ClinicsDisease-focused nonprofitsChapter / child organizations
Issues
HealthDiseases and disordersMedical disciplines
Characteristics
State / local levelTax deductible donations
General information
Address
311 Princeton Rd Suite 1
Johnson City, TN 37601
Metro area
Johnson City, TN
Website URL
balladhealth.org/ 
Phone
(423) 302-3374
IRS details
EIN
26-3557623
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2010
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
G43: Heart and Circulatory System Diseases, Disorders
NAICS code, primary
621: Outpatient Health Care Practitioners and Facilities
Parent/child status
Subordinate organization
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