NFP500

#385 of 500 · Foundation / Grantmaker / DAF

Apella Health Management Inc

EIN 81-4193950 · SC · NTEE T11 · Form 990, fiscal 2023

A nonprofit organization based in Spartanburg, South Carolina, affiliated with the Spartanburg Regional Health Services District. It was formed to provide management and support services and other charitable and healthcare functions benefiting the District, a public hospital system that operates acute-care hospitals, long-term care and hospice facilities, and physician practices serving Spartanburg County and surrounding communities. Apella Health employs thousands of workers who support the delivery of the District's healthcare services.

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Financials, fiscal 2023

Revenue
$405.0M
Expenses
$399.4M
Total assets
$61.2M
Net assets
$30.0M
Operating margin
1.4%
1-year growth
20.6%
5-year growth (CAGR)
22.6%
Reserve (years of spending)
0.9
Contributions share
n/a
Programme spending
99.8%
Fundraising cost
n/a
Executive pay share
1.33%
Employees
7,202
Revenue per employee
$56K
Grants paid
n/a
Years filing
6

NFP Health Score: 67 / 100

Financial 38 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

Apella Health Management was formed to provide certain charitable and health care services to the benefit of Spartanburg Regional Health Services District, Inc., in furtherance of serving the health care needs of Spartanburg County communities and surrounding areas.

Revenue history

YearRevenue
2019$179.2M
2020$237.7M
2021$292.7M
2022$335.9M
2023$405.0M