Med Center Health
Legal name: Commonwealth Health Corporation Inc
Nonprofit profile at a glance
- EIN
- 311118087
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Bowling Green, KY, USA
- Phone
- 2707451551
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $195,749,163
- Expenses
- $178,460,479
- Assets
- $204,611,549
- Liabilities
- $66,544,449
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- MS CONNIE D SMITH (PRESIDENT / CEO)
- MR DAVID GRAY (EXECUTIVE VICE PRESIDENT)
- MR WADE STONE (EXECUTIVE VICE PRESIDENT)
- MS MICHELE W LAWLESS (EXECUTIVE VICE PRESIDENT & CFO)
Highest reported compensation
- MS CONNIE D SMITH (PRESIDENT / CEO): $1,486,205 total reported compensation
- DR NARENDRA NATHOO (PHYSICIAN): $1,420,168 total reported compensation
- DR GEORGE ALSINA (PHYSICIAN): $1,046,205 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Med Center Health is a not-for-profit health system with a mission to care for people and improve the quality of life in the communities we serve. In partnership with the University of Kentucky, the Graduate Medical Education Program (GME) is a central component of our mission to care for people and improve the quality of life in the communities we serve.]( Pharmacy Residency The post-graduate year one (PGY1) pharmacy residency training program provides organized and directed clinical pharmacy training in a rapidly advancing academic medical environment. Our commitment to the communities we serve goes beyond improving the health of our patients. As a not-for-profit institution, the monetary benefits we generate far outweigh the taxes we would pay if we were in business to make money. The intangible benefits are even more significant – all part of our mission to improve the health and...
What it reported doing in 2024
Physician services: med center health's (mch) integrated care system includes seven hospitals, promoting healthcare in south-central Kentucky by owning and managing physician practices and an immediate care clinic. The physician practices cover a wide range of medical specialties, including cardiology, anesthesia, orthopaedic, vascular and cardiothoracic surgery, otorhiolaryngology (ent), neurosurgery, hospitalists, obstetrics, gynecology, general surgery, bariactric surgery, hematology & oncology, infectious disease, internal medical and general medicine. See schedule o for additional information.
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 96
- Accountability: 84
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.5%; rating input score 82
- Program expense ratio: 84.2%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.8%; rating input score 100; 44th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 73.3%; rating input score 73; 23rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 8.8%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.15; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.33; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 5.4%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 9.8% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 11.1% per year; rating input score 100; 75th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 81.5% of revenue deployed · 84.2% of spending went to programs
- Governance: 11 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $150.3M in reported program spending
- Leadership: top reported pay $1.5M · 24 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $14.5M reported
- Consistency: 45 of 45 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 23 filed money-flow records
- Related organizations: 11 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Officer compensation ratio scored 14/100.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.