Methodist Medical Center

Nonprofit profile at a glance

EIN
620636239
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Knoxville, TN, USA
Phone
865-374-1000
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General
Affiliation
Christianity

Official website

Reported finances

Revenue
$184,391,658
Expenses
$190,494,472
Assets
$93,660,472
Liabilities
$25,072,135

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

33 people listed

Executive titles in this filing

  • James D VanderSteeg (President & CEO)
  • Jeremy H Biggs (President & CAO)

Highest reported compensation

  • James D VanderSteeg (President & CEO): $3,242,830 total reported compensation
  • Joseph C Dolan (EVP/CFO): $967,301 total reported compensation
  • Jeremy H Biggs (President & CAO): $575,342 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Methodist Medical Center is a 283-bed full service, acute care hospital located in Oak Ridge, TN and a member of the Covenant Health system. Our Mission, Vision, Values, and Pledge Covenant Health Brand Anthem Covenant Health is a Tennessee-based healthcare enterprise committed to providing the right care at the right time and place. As a not-for-profit health system, we are dedicated to being the region’s premier healthcare network through service, community and innovation. We provide patient-centered care that inspires clinical and service excellence, and strive to be the first and best choice for our patients, employees, physicians, employers, volunteers and communities. Covenant Health is the area’s largest employer and has more than 11,000 compassionate caregivers, expert clinicians, and dedicated employees and volunteers.

What it reported doing in 2024

Methodist Medical Center ("Methodist") first opened as an Army hospital in 1943. Now, 82 years later, the hospital is an Advanced Primary Stroke Center and provides medical specialties ranging from cardiology and orthopedics to oncology and wound care. The medical center is a 283-bed facility which employs approximately 1,000 people and serves more than 200,000 citizens in Anderson, Roane, Morgan, Campbell and Scott counties. SERVICEThe hospital is best known for its services in orthopedics, cardiology, oncology, rehabilitation therapy services, sleep diagnostics and wound treatment. Methodist offers a full continuum of heart-related care and services including open-heart surgery, and has completed over 8,500 open-heart procedures. The cardiac and pulmonary rehabilitation program is accredited by the American Association of Cardiovascular and Pulmonary Rehabilitation and offers an individualized plan of monitored exercise and education in a medically supervised environment.Methodist's board-certified orthopedic surgeons are skilled in diagnosing and treating bone, muscle, and joint disorders. Specialty areas include spinal surgeries, fractures, complex rotator cuff/shoulder repairs and hand reconstruction. Using a series of best-practice guidelines, the hospital treats patients efficiently and effectively for optimal outcomes. The hospital is a Blue Distinction Center+ for knee and hip replacement, a program offered by the Blue Cross Blue Shield Association that recognizes the highest quality providers and doctors. Methodist treats many types of gastrointestinal problems. Our board-certified physicians and nurses provide quality care for patients, using advanced technology to examine and treat digestive problems. Gastroenterology services are available for patients hospitalized at Methodist as well as outpatients.Methodist offers an expansion of its existing services through telehealth initiatives that are designed to support the bedside clinical team. Telehealth services for a variety of medical needs help bridge the access gap, ultimately improving patient outcomes and overall quality of care. Methodist served 169,847 patients in 2024. Of these, 160,595 were outpatients and 9,252 were inpatients with an average length-of-stay of 4.92 days. PUTTING PATIENTS FIRSTMethodist offers patients a high level of quality care, technology and service that you'd expect to find in a leading hospital. Methodist has received national honors, but also offers patients the convenience of a hometown medical center that is close to the support of family and friends. Awards for 2024: Safety:-The Leapfrog Group, "A" Safety Grade: Spring 2024 and Fall 2024-THA Zero Hero Awards: CAUTI (3W and 4W), CLABSI (2W, 3W and 4W)-Best Hospital Women's Choice Awards - Patient SafetyStroke:- Advanced Primary Stroke Center designated by The Joint Commission- 2024 Get With The Guidelines - Stroke Gold Award- 2024 Get With The Guidelines - Stroke GOLD with Target Type 2 Diabetes Honor RollCancer:- Commission on Cancer Accredited - Best Hospital Women's Choice Awards - CancerCardiology:- 2024 Get With The Guidelines- Coronary Artery Disease STEMI GOLD PLUS Receiving Center - 2024 Get With The Guidelines- Coronary Artery Disease STEMI Target: Type 2 Diabetes Honor Roll- 2024 Get With The Guidelines- Coronary Artery Disease NSTEMI GOLD Achievement Award - 2024 Get With The Guidelines- Coronary Artery Disease NSTEMI with Target: Type 2 Diabetes Honor Roll - Cardiovascular/Pulmonary Rehabilitation (CROP): certified by the American Association of Cardiovascular and Pulmonary Rehabilitation (AACVPR)- Best Hospital Women's Choice Awards - Heart Care- US News High Performing Hospital - Heart FailureOrthopedics: - Spine Surgery: Blue Distinction Center+ - Knee and Hip Surgery: Blue Distinction Center+Pulmonary:- US News High Performing Hospital - COPD- US News High Performing Hospital - PneumoniaWomen's:- Safe Sleep Certified - Gold - Breast Center: perfect FDA score 28 yea

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 70
  • Accountability: 97
  • Sustainability: 28
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.1%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 84.1%; rating input score 84; 19th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 95%; rating input score 95; 47th 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: -3.3%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.49; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.27; rating input score 60; 60th percentile among comparable filings
  • Officer compensation ratio: 1.3%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -0.3% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -0.8% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: -5.6% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site
  • Where the money goes: 100% of revenue deployed · 98.1% of spending went to programs
  • Governance: 19 of 20 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $186.8M in reported program spending
  • Leadership: top reported pay $3.2M · 33 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $5.5M reported
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 16 filed money-flow records
  • Related organizations: 32 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.