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Norton Hospitals Inc.

Norton Hospitals Inc.

Louisville, KY 40202
Tax ID61-0703799

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About this organization

Revenue

$2,023,498,973

Expenses

$1,769,387,384

Website

nortonhealthcare.com

Mission

Norton Hospitals, Inc.'s purpose is to provide quality health care to all those to all those we serve, in a manner that responds to the needs of our communities and faith heritage.

About

Norton Hospitals, Inc. (Hospitals) was formed to: I) provide on a nonprofit basis, hospital or health care facilities and services for the care and treatment of ill and injured persons and those who otherwise require medical care and related services of the kind customarily furnished most effectively by hospitals or health care facilities; II) conduct educational activities related to rendering care to the sick and injured; III) promote and conduct scientific research related to the care of the sick and injured. Hospitals has a total of 1,837 licensed beds, Norton Hospital - 605 beds; Norton Children's Hospital - 300; Norton Audubon Hospital - 432 beds: Norton Women's and Children's Hospital - 373 beds; and Norton Brownsboro Hospital - 127 beds. These hospitals operate twenty-four (24) hours a day, seven (7) days a week. In 2018, Hospitals' facilities and diagnostic centers served 72,355 inpatients, 560,845 outpatients, and 249,388 emergency department visits. In addition, Hospitals' operating rooms cared for 20,947 inpatient surgical patients and 35,751 outpatient surgical patients. Additionally, 7,564 deliveries were performed at Hospitals' birthing centers. Under its charity care program, Hospitals provided free care to 13,284 patients, at a cost of $13.4 million. Also, Hospitals grants patients a discount from billed charges to any individuals that have no access to private health insurance or do not qualify for government assistance or charity care. Under this program, 11,472 patients were provided care at discounted rates. Other contributions to the community were the unpaid cost of Medicaid services of $95.4 million and educational support of $43.3 million, primarily to the University of Louisville's School of Medicine. Also, community health improvement services totaled $10.1 million, and contributions to community groups were $3.2 million.

Interesting data from their 2020 990 filing

The purpose of the non-profit is stated in the filing as “Norton hospitals, inc.'s purpose is to provide quality health care to all those we serve, in a manner that responds to the needs of our communities and faith heritage.”.

Their activities were defined as: “Norton hospitals, inc.'s purpose is to provide quality health care to all those to all those we serve, in a manner that responds to the needs of our communities and faith heritage.”.

  • As per legal requirements, the non-profit's state of operation is reported as KY.
  • The non-profit's address in 2020 as per the filing is 4967 US Highway 42 Suite 100, Louisville, KY, 40222.
  • The form of the non-profit organization shows 11029 employees as of 2020.
  • Operates a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $254,111,589.
  • The compensation policy for the CEO of the organization is established through an impartial evaluation and endorsement.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 22 independent voting members.
  • The organization was formed in 1969.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $629,536,586 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has a business related family member transaction.
  • The organization's financial statements were reviewed by an accountant.

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