Pikeville Medical Center Inc

What it reported doing in 2024

All other programs: committed to care. Called to servepikeville medical center (pmc), a 348-bed tertiary care center, provides high-quality, comprehensive healthcare for eastern Kentucky and the central appalachian region. For decades, the region served by pmc battled many challenges related to limited access to quality medical care; pmc has strived to continually expand service offerings and improve access to healthcare across the region in pursuit of the organization's goal to be the provider of choice through its dedicated service to the community and commitment to providing the most advanced healthcare treatment and technology available.the mission of pikeville medical center is "to advance the health and well-being of our region through comprehensive care in a christian environment." pmc's mission, along with the vision of the organization: "to be the provider and employer of choice for healthcare in the region we serve," is the foundation for the high-quality level of care provided each day throughout the organization, with more than 400 services and more than 3,200 employees, including over 600 credentialed healthcare providers.from its origins as a small, rural, 50-bed facility in 1924, pmc has grown into a comprehensive regional medical complex. Today, pmc operates 11 centers of excellence and 348 licensed beds - including 328 acute care inpatient beds (16 of which are neonatal level ii bassinets) and 20 inpatient physical rehabilitation beds - plus 22 nursery bassinets, alongside 17 ambulatory clinic locations offering 34 specialties, spanning more than 1.72 million sqare feet across its main campus, satellite clinics, and support service areas.pikeville medical center is a pillar of the regional economic landscape as healthcare has evolved into the economy's largest sector throughout eastern Kentucky, southwest Virginia and southwest West Virginia. Pmc embraces the responsibility of being one of the region's largest employers and understands that the future health, social and economic outcomes for the region depend on the financial strength of the organization. The hospital is committed to continually improving the health and well-being of the region and now offers more than 400 services, including most major specialties and many subspecialties. In 2025, this commitment to its workforce was recognized nationally and statewide. The progressive physical growth and expansion of specialty service offerings including trauma services, cardiac services, cancer services, and now pediatric specialty services with the area's first pediatric gastroenterologist, have transformed pmc into a regional referral center for smaller community hospitals that have patients with complex medical needs whom they cannot serve.current services offered at pmc include: a verified level ii trauma center which is the only one of its kind in Kentucky; a commission on cancer-accredited, full-service cancer treatment center; a heart & vascular institute with primary pci accreditation and, as of january 2026, an affiliate site of the university of Kentucky gill heart & vascular institute affiliate network; a 20-bed inpatient physical rehabilitation hospital; an accredited gold plus neuroscience center; neurosurgery; a level ii advanced neonatal intensive care unit; a mbsaqip accredited bariatric & minimally invasive surgery center; joint commission gold seal certified orthopedic surgery & sports medicine program; pulmonary rehabilitation; pediatric specialty services including cardiology, pulmonology, bmi, and plastics; the region's only children's hospital; a sleep lab; a diagnostic center; autism centers; urgent care centers; integrated family and specialty physician practices with satellite locations in pikeville, prestonsburg, south williamson, whitesburg, ky and grundy, va, along with a school tele-health program serving every pike county district and pikeville independent district school location.pmc continues to reaffirm its leadership role i

Financial Efficiency

• Mission deployment rate: 82.3%; rating input score 82
• Program expense ratio: 87.7%; rating input score 88
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 12th 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: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 98.2%; rating input score 98; 34th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 37.5%; rating input score 38; 11th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • 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: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 10.5%; rating input score 74; 74th percentile among comparable filings
• Total-asset coverage ratio: 1.15; rating input score 44; 44th percentile among comparable filings
• Liabilities to assets ratio: 0.41; rating input score 44; 44th percentile among comparable filings
• Officer compensation ratio: 2.2%; rating input score 51; 51st percentile among comparable filings

Growth

• Program expense growth: 5.2% per year; rating input score 100; 42nd percentile among comparable filings
• Revenue growth: 5.7% per year; rating input score 100; 49th percentile among comparable filings
• Asset growth: 5.1% per year; rating input score 100; 37th percentile among comparable filings