Civic Intelligence

Health First Shared Services Inc.

990 • Fiscal year 2013 • EIN 59-3336894

Oct 01, 2012 to Sep 30, 2013 • Filed on Jul 28, 2014

3300 Fiske Blvd32955-4305
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.48x

Higher debt load relative to assets than 66% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

92nd percentile

23%

Faster asset growth than 92% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$633,385,792

Up $118,035,545 (+23%) from 2012

Net Assets

Up

$326,381,505

Up $59,204,968 (+22%) from 2012

Liabilities

Up

$307,004,287

Up $58,830,577 (+24%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$154,713,925

Down $11,301,705 (-6.8%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0B$2.0B$1.0B$0Assets 2010: $649,695,796Liabilities 2010: $355,896,360Net Assets 2010: $293,799,4362010Assets 2011: $481,586,889Liabilities 2011: $256,457,771Net Assets 2011: $225,129,1182011Assets 2012: $515,350,247Liabilities 2012: $248,173,710Net Assets 2012: $267,176,5372012Assets 2013: $633,385,792Liabilities 2013: $307,004,287Net Assets 2013: $326,381,5052013Assets 2014: $758,141,675Liabilities 2014: $346,298,194Net Assets 2014: $411,843,4812014Assets 2015: $813,808,171Liabilities 2015: $360,279,563Net Assets 2015: $453,528,6082015Assets 2016: $966,097,650Liabilities 2016: $473,884,669Net Assets 2016: $492,212,9812016Assets 2017: $950,183,619Liabilities 2017: $360,845,821Net Assets 2017: $589,337,7982017Assets 2018: $1,010,974,076Liabilities 2018: $322,604,218Net Assets 2018: $688,369,8582018Assets 2019: $1,106,623,021Liabilities 2019: $332,419,180Net Assets 2019: $774,203,8412019Assets 2020: $1,338,092,247Liabilities 2020: $329,530,312Net Assets 2020: $1,008,561,9352020Assets 2021: $1,676,572,579Liabilities 2021: $378,163,292Net Assets 2021: $1,298,409,2872021Assets 2022: $1,587,486,387Liabilities 2022: $433,617,771Net Assets 2022: $1,153,868,6162022Assets 2023: $1,819,267,420Liabilities 2023: $464,477,268Net Assets 2023: $1,354,790,1522023Assets 2024: $2,051,551,035Liabilities 2024: $440,704,586Net Assets 2024: $1,610,846,4492024

Highlighted filing

2013

Assets$633,385,792
Liabilities$307,004,287
Net Assets$326,381,505

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400M$200M$0-$200MExpenses 2010: $113,127,4462010Expenses 2011: $129,722,1552011Expenses 2012: $166,015,6302012Expenses 2013: $154,713,9252013Revenue 2014: $164,126,546Expenses 2014: $166,032,329Net Income 2014: -$1,905,7832014Revenue 2015: $205,581,665Expenses 2015: $197,933,579Net Income 2015: $7,648,0862015Revenue 2016: $226,923,314Expenses 2016: $264,591,914Net Income 2016: -$37,668,6002016Revenue 2017: $232,555,985Expenses 2017: $220,056,016Net Income 2017: $12,499,9692017Revenue 2018: $236,663,256Expenses 2018: $221,908,048Net Income 2018: $14,755,2082018Revenue 2019: $279,445,215Expenses 2019: $238,991,416Net Income 2019: $40,453,7992019Revenue 2020: $286,499,695Expenses 2020: $260,118,658Net Income 2020: $26,381,0372020Revenue 2021: $271,514,090Expenses 2021: $265,668,880Net Income 2021: $5,845,2102021Revenue 2022: $291,100,092Expenses 2022: $319,774,723Net Income 2022: -$28,674,6312022Revenue 2023: $388,946,104Expenses 2023: $358,050,153Net Income 2023: $30,895,9512023Revenue 2024: $82,240,712Expenses 2024: $94,183,859Net Income 2024: -$11,943,1472024

Highlighted filing

2013

Revenue-
Expenses$154,713,925
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2012 to Sep 30, 2013
Signed
Jul 28, 2014
Return Version
2012v2.1
Gross Receipts
$293,811,863
Mission and Program Overview

Mission

Our team positively changing the health and well-being of you and your family through excellent and compassionate health care. Working together in a seamless system, Health First is devoted to integrating quality healthcare services with state-of-the-art technology. Four not-for-profit hospitals- Cape Canaveral Hospital in Cocoa Beach, Holmes Regional Medical Center in Melbourne, Palm Bay Hospital in Palm Bay, and Viera Hospital in Viera - form the core of Health First's family in Brevard County on Florida's Space Coast.

Filing and Contact Details

Filer

EIN
59-3336894
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IRS990/Description0The primary exempt purpose of Health First, Inc. is to support Cape Canaveral Hospital, Inc. (CCH), Hospice of Health First, Inc. (HHF), Holmes Regional Medical Center, Inc. (HRMC), Palm Bay Hospital (PBH), and Viera Hospital (VH). Health First, Inc. provides strategic planning, management and administrative support services to CCH, HHF, HRMC and VH. More specifically, Health First assists its affiliated organizations with:1. Coordination of patient care services across all its hospital provider locations to reduce duplication of resources and increase the cost-efficiency of patient care offered at any Health First entity;2. Provision of enhanced clinical, marketing, planning, financial and organizational services and expertise, and;3. Service area community health planning to ensure that collectively all Health First entities provide the healthcare services required to meet the needs of residents who live in Central and South Brevard County. One example of enhanced clinical care is a service known as Vitalwatch, which is central Florida's only "EICU" - Electronic Intensive Care Unit. Combining telemedicine, software, and 24/7 electronic monitoring technology, this service provides inpatients cared for in all critical care beds at CCH, PBH and HRMC an extra layer of expertise and oversight. Critical care physicians and nurses at a centralized location monitor real-time vital signs, laboratory results, and complete electronic medical records of patients in all Intensive Care Units (ICU) at no extra cost to the patients.If necessary, the Vitalwatch staff can also direct a patient's care on the spot via live audio and video connections to the patient's room. All information is transmitted over private data lines to ensure privacy and security. Beyond the walls of its hospitals, Health First, Inc. supports the Brevard Health Alliance, the only federally qualified healthcare clinic in Brevard County, with an annual donation of $1.1 million in cash and over $300,000 in in-kind diagnostic services. This funding allows area residents without health insurance to establish a medical home for preventive and emergency healthcare services. In addition, Health First, Inc. concluded fulfilling a nine-year pledge of donating almost $2 million to Brevard Community College to expand the nursing program offered to students at their Palm Bay campus. This funding has expanded the capacity of the college to provide more students the opportunity to pursue a degree in nursing and fill jobs at Health First, Inc., hospitals as well as at other area hospitals, nursing facilities and other healthcare organizations.Health First, Inc. also partners with other community organizations in programs providing health services and preventative care to patients that have limited access to preventive or primary healthcare services. Another form of community support is the clinical training and education that Health First offers to physicians, nursing students, technicians and other health professionals.Additional activities provided Cape Canaveral Hospital, Hospice of Health First, Palm Bay Hospital and Holmes Regional Medical Center by Health First, Inc. include adopting overall budgets and strategic plans, controlling the incurrence of debt, directing capital acquisition strategies, directing managed care purchasing arrangements and directing or approving mergers and acquisitions of additional affiliations within the group. For a copy of our health first community benefit report see: http://hfwww1.health-first.org/about_us/gives_back/community_report.cfm
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IRS990/Form990PartVIISectionA/NamePerson45Larry F Garrison
IRS990/Form990PartVIISectionA/NamePerson46Judy Bass Killebrew
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/Officer5X
IRS990/Form990PartVIISectionA/Officer6X
IRS990/Form990PartVIISectionA/OtherCompensation027650
IRS990/Form990PartVIISectionA/OtherCompensation116050
IRS990/Form990PartVIISectionA/OtherCompensation219850
IRS990/Form990PartVIISectionA/OtherCompensation322800
IRS990/Form990PartVIISectionA/OtherCompensation42950
IRS990/Form990PartVIISectionA/OtherCompensation514300
IRS990/Form990PartVIISectionA/OtherCompensation69150
IRS990/Form990PartVIISectionA/OtherCompensation715150
IRS990/Form990PartVIISectionA/OtherCompensation815300
IRS990/Form990PartVIISectionA/OtherCompensation920550
IRS990/Form990PartVIISectionA/OtherCompensation1015200
IRS990/Form990PartVIISectionA/OtherCompensation1110000
IRS990/Form990PartVIISectionA/OtherCompensation1210000
IRS990/Form990PartVIISectionA/OtherCompensation130
IRS990/Form990PartVIISectionA/OtherCompensation140
IRS990/Form990PartVIISectionA/OtherCompensation150
IRS990/Form990PartVIISectionA/OtherCompensation160
IRS990/Form990PartVIISectionA/OtherCompensation170
IRS990/Form990PartVIISectionA/OtherCompensation1813203
IRS990/Form990PartVIISectionA/OtherCompensation1914134
IRS990/Form990PartVIISectionA/OtherCompensation2023280
IRS990/Form990PartVIISectionA/OtherCompensation2110616
IRS990/Form990PartVIISectionA/OtherCompensation2226132
IRS990/Form990PartVIISectionA/OtherCompensation2313134
IRS990/Form990PartVIISectionA/OtherCompensation2413566
IRS990/Form990PartVIISectionA/OtherCompensation259977
IRS990/Form990PartVIISectionA/OtherCompensation2611781
IRS990/Form990PartVIISectionA/OtherCompensation2721520
IRS990/Form990PartVIISectionA/OtherCompensation2816281
IRS990/Form990PartVIISectionA/OtherCompensation299296
IRS990/Form990PartVIISectionA/OtherCompensation3021344
IRS990/Form990PartVIISectionA/OtherCompensation3122042
IRS990/Form990PartVIISectionA/OtherCompensation3214469
IRS990/Form990PartVIISectionA/OtherCompensation3314323
IRS990/Form990PartVIISectionA/OtherCompensation3425451
IRS990/Form990PartVIISectionA/OtherCompensation3527465
IRS990/Form990PartVIISectionA/OtherCompensation3621110
IRS990/Form990PartVIISectionA/OtherCompensation3721151
IRS990/Form990PartVIISectionA/OtherCompensation386750
IRS990/Form990PartVIISectionA/OtherCompensation391150
IRS990/Form990PartVIISectionA/OtherCompensation404950
IRS990/Form990PartVIISectionA/OtherCompensation4154800
IRS990/Form990PartVIISectionA/OtherCompensation420
IRS990/Form990PartVIISectionA/OtherCompensation431111
IRS990/Form990PartVIISectionA/OtherCompensation448439
IRS990/Form990PartVIISectionA/OtherCompensation45905
IRS990/Form990PartVIISectionA/OtherCompensation4615925
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization09110
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization110640
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization26313
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization480228
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization59110
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization64804
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization710552
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization81487
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization91000
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10800
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization110
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization120
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization130
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization140
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization150
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization160
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization170
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization181320804
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization19688796
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20572541
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization211859795
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization22521533
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization23540987
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization24675896
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization251089641
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization26464220
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization27414268
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization28676761
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization29582383
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30474623
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization31418335
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization32260568
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization33256896
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization34695376
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization35290728
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization36222970
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization37204984
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization3868713
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization3976519
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization4018830
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization4166643
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization4210182
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization43356373
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization44274078
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization45131995
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization46900575
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2,052$441$1,611$82.2$94.2$11.9
2023Summary only. Only limited summary data is available for this year.$1,819$464$1,355$389$358$30.9
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,587$434$1,154$291$320$28.7
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,677$378$1,298$272$266$5.85
2020Summary only. Only limited summary data is available for this year.$1,338$330$1,009$286$260$26.4
2019Summary only. Only limited summary data is available for this year.$1,107$332$774$279$239$40.5
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,011$323$688$237$222$14.8
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$950$361$589$233$220$12.5
2016Detailed filing. Detailed filing data is available for this year.$966$474$492$227$265$37.7
2015Detailed filing. Detailed filing data is available for this year.$814$360$454$206$198$7.65
2014Detailed filing. Detailed filing data is available for this year.$758$346$412$164$166$1.91
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$633$307$326$155
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$515$248$267$166
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$482$256$225$130
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$650$356$294$113