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Parkwest Medical Center

Parkwest Medical Center

Knoxville, TN 379321960
Tax ID58-1897274

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About this organization

Revenue

$362,201,943

Expenses

$325,972,901

Mission

Parkwest Medical Center operates a full-service acute care hospital located in west Knoxville, Tennessee, and a psychiatric hospital in neighboring Blount County, TN with a combined total of 462 beds. It is a member of the Covenant Health system.

About

Parkwest Medical Center ("Parkwest") admitted its first patient on December 10, 1973. It became a not-for-profit hospital in 1990 and joined the Covenant Health system in 1996. SERVICEWest Knoxville's largest medical center, Parkwest has an organizational culture focused on treating every patient and visitor with courtesy, compassion, and respect. It is best known for excellence in orthopedics, cardiology, surgical, emergency, labor and delivery, and behavioral health. Parkwest served 218,030 patients in 2018. Of these, 199,831 were outpatients and 18,199 were inpatients with an average length-of-stay of 5.25 days. Peninsula, a division of Parkwest Medical Center ("Peninsula") is the behavioral services division of Parkwest Medical Center and the region's largest provider of behavioral health services. Peninsula has a 155-bed hospital in Blount County providing mental health services for adolescents and adults. Peninsula also provides outpatient services in four counties. PUTTING PATIENTS FIRSTIn 2018, Parkwest was recognized by U.S. News & World Report as a Top Ten Regional Hospital in Tennessee, and rated as a high performing hospital by US News & World Report for hip and knee replacements, aortic valve replacement and treatment of abdominal aortic aneurysm. BlueCross BlueShield gave the hospital a Blue Distinction Center for Knee Replacement and Hip Surgery, Maternity Care and Spine Surgery. Parkwest's Joint Replacement Center has the second highest patient volume in the state. The Joint Commission has designated the hospital as an Advanced Primary Stroke Center, and Parkwest is a member of Covenant Health's stroke hospital network, which links Covenant Health's member hospitals in providing rapid diagnosis and treatment of stroke. The heart hospital at Parkwest has been designated by The Joint Commission as a top performer in heart, pneumonia and surgical care. Parkwest is participating in a national initiative related to improving survival rates and outcomes for patients experiencing cardiogenic shock, and has earned the Silver Plus Quality Award from The American Heart Association, recognizing consistent compliance with evidence-based quality measures for care of patients experiencing heart attacks. The East Tennessee Breastfeeding Coalition presented the hospital with the Marcie Singleton Award for promotion and support of breastfeeding. Parkwest consistently receives excellent safety and customer satisfaction ratings from multiple survey sources.IMPROVING THE COMMUNITY'S QUALITY OF LIFE THROUGH BETTER HEALTHThe Tennessee Association of Mental Health recognized Peninsula's transitional task force as a program of excellence, and in 2018 Peninsula helped create the area's first suicide support group formed for those who have lost a loved one to suicide.Parkwest provided over $10,000 worth of taxi/transportation vouchers to patients who were discharged and had no transportation available. Employees participate in the Greater Knoxville Heart Walk, raising funds and awareness for heart disease, and the March of Dimes March for Babies, which focuses on improving the health of newborns and infants. Parkwest also participates in local health fair screenings for area businesses and groups, usually providing carotid ultrasound screenings and physical therapy ergonomic education, as well as stroke education.The hospital has developed an "Honor Walk," a recognition of patients who have chosen to be organ donors in the event of their death. When this occurs, staff members gather in the hallways to pay final tribute as the patient is taken to the operating room for the organ donation procedure. COVENANT HEALTH SYSTEMParkwest is a member of Covenant Health. Covenant Health is a comprehensive, community-owned health system dedicated to improving the health of the people it serves. Established in 1996 by the consolidation of Fort Sanders Health System, Knoxville, Tennessee, and MMC HealthCare System in Oak Ridge, Covenant Health is governed by a voluntary board of directors comprised of community leaders and medical professionals. With more than 10,000 employees, affiliated physicians and volunteers, Covenant Health is the Knoxville area's largest employer and has been named by Forbes as a Best Employer four years in a row. Covenant Health includes nine acute care hospitals in East Tennessee: Methodist Medical Center of Oak Ridge, Fort Sanders Regional Medical Center and Parkwest Medical Center in Knoxville, Fort Loudoun Medical Center in Lenoir City, LeConte Medical Center in Sevierville, Morristown-Hamblen Healthcare System in Morristown, Roane Medical Center in Harriman, Claiborne Medical Center in Tazewell and Cumberland Medical Center in Crossville. It also includes Peninsula, a division of Parkwest Medical Center, a behavioral health hospital in Blount County, Tennessee.Affiliated organizations include Thompson Cancer Survival Center, Thompson Oncology Group, Fortress Corporation and Subsidiaries, Covenant HomeCare, and Fort Sanders Perinatal Center. Philanthropic organizations include Fort Sanders Foundation and the Thompson Cancer Survival Center Foundation in Knoxville, Methodist Medical Center Foundation in Oak Ridge, Dr. Robert F. Thomas Foundation in Sevierville, and Morristown-Hamblen Hospital Foundation in Morristown. Funds raised by the foundations provide services, equipment and other resources for excellence in patient care.Parkwest, as a member of the Covenant Health system, benefits from the collaboration among all affiliated organizations to promote quality improvement, patient safety and efficient delivery of care for the communities served.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “Parkwest medical center provides quality healthcare, in alignment with covenant health's mission to serve the community by improving the quality of life through better health, regardless of the patient's ability to pay.”.

When outlining its functions, they were explained as: “Parkwest medical center operates a full-service acute care hospital located in west knoxville, tennessee, and a psychiatric hospital in neighboring blount county, tn with a combined total of 462 beds. it is a member of the covenant health system.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as TN.
  • The filing records the non-profit's address for 2020 as 100 Ft Sanders W Blvd, Knoxville, TN, 37922.
  • As of 2020, the non-profit's form reports a total of 2791 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $36,229,042.
  • The organization has 16 independent voting members.
  • The organization was formed in 1990.
  • The organization pays $109,339,451 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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