WELLMONT CARDIOLOGY SERVICES
1021 W Oakland Avenue Suite 103, Johnson City, TN 37604 balladhealth.org

Total Revenue
$49,063,818
Total Expenses
$48,611,342
Net Assets
$-4,609,863

Organizations Filed Purposes: Honor those we serve by delivering the best possible care.

Mission: Honor those we serve by delivering the best possible care. Vision: To build a legacy of superior health by listening to and caring for those we serve.

Cardiovascular Associates was established in 1978 to provide comprehensive cardiovascular services to the Northeast Tennessee/Southwest Virginia region. In May 2010, Wellmont Cardiology Services 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.Wellmont Cardiology Services strives to improve the cardiovascular health of the region and deliver high-quality, cost-effective heart and vascular care with compassion.Wellmont Cardiology Services consists of 46 certified cardiologists and cardiovascular and thoracic surgeons who work in seven community offices and the seven member hospitals of Wellmont Health System. Wellmont Cardiology Services 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. Wellmont Cardiology Services also serves as a leader in clinical research and teaching institution through the Cardiovascular University.For fiscal year 2020, WCS had 103,113 outpatient encounters and performed 2,742 inpatient 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 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 2020, WCS incurred a loss of $919,054 attributable to the provision of charity care.TENNCARE/MEDICAID/MEDICARE/CHAMPUS: WCS provides care to persons covered by governmental programs, such as TennCare (Tennessee residents), Medicaid, Medicare and Champus. WCS incurred a loss of $16,429,573 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 SymposiumWellmont Cardiology Services received the highest 2019 Performance Achievement Award from the American College of Cardiology, the nations 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).

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
David Metzger MdPhysician40$790,027
Steve Hopkins MdPhysician40$704,018
Herbert Ladley MdPhysician40$696,850
Heesuk Yoon MdPhysician40$692,003
Jonathan Burress MdPhysician40$688,758
Stanley Gall Jr MdVice President40$683,220
Mark Chang MdPresident39.9$676,672
Christopher Kennedy Md EndDirector40$676,496
David Beckner Md End 1231Director40$673,527
Matthew Luff MdSecretary40$672,823
Keith Kyker Md Start 112Director40$672,152
Eduardo Fernandez Md StartDirector40$672,055
Joseph Foley MdDirector40$671,856
James Merrill Md End 1231Director40$671,663
Keith Kramer MdDirector40$670,910
Marc Counts Md Start 112Director40$537,272
Lori JacksonAVP/Service Line Leader24$254,863
Leanne CoxVP/CFO4.5$0
Todd DouganFormer Officer-Retired0$0
Gerald BlackwellFormer-Physician40$0
Steve KilgoreBHMS SVP0.1$0
Anthony KeckBH EVP/CPHO0.1$0
Eric DeatonBH EVP/COO0.1$0
Marvin EichornBH EVP/CAO0.1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202111349349302711_public.xml