Washington Regional Medical Center is a 501(c)(3) organization based in Fayetteville, Arkansas, registered in 1989, with $457,972,922 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
Revenue (FY2024)
$458.0M
▲ 8.5% vs prior year
Health median: $840K
Expenses (FY2024)
$415.0M
Net assets
$258.8M
Employees
4,469
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Washington Regional Medical Center: 87% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Washington Regional Medical Center: 7 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Washington Regional Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Washington Regional Medical Center: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Washington regional is committed to improving the health of people in communities we serve through compassionate, high-quality care, prevention, and wellness education.
General inpatient services: washington regional medical center is committed to providing a wide range of services to meet the general healthcare needs of its service population. general inpatient services in 2016 included internal medicine, geriatric health, obstetrics and gynecology, pediatrics, cardiology, cardiovascular surgery, intensive care, coronary intensive care, oncology, and orthopedics. also included in general inpatient services are nursing services, nursing education, admissions services, medical records, quality assurance, case coordination, and central scheduling. in 2016 washington regional opened a five-story, 130,000-square-foot women and infants center. in addition to private rooms for gynecology patients and pediatrics patients, the women and infants center also offers 13 triage stations, 17 labor & delivery rooms, four operating rooms, 28 private mother-baby rooms, a 34-bed neonatal intensive care unit and a dedicated pharmacy. the nicu includes private patient rooms that let parents stay with their baby; some of these rooms are specially equipped for twins and multiples. the nicu floor also features the angel eye camera system as well as a milk lab staffed by technologists specially trained in infant nutrition. a ronald mcdonald house on the top floor of the women and infants center provides a special place for families to find the support and comfort they need, just steps away from their hospitalized child or newborn. washington regionals second helipad is located on the center rooftop, providing efficient access for medical helicopters. washington regional continued to provide "intensivists" - physicians who specialize in caring for critically ill patients in the medical center's critical care unit. staffed by physicians from our pulmonology team, these highly trained and experienced medical specialists coordinated the care provided by nurses, respiratory therapists and others as needed by the patient. they provided continuous clinical assessment and addressed even the most subtle changes in clinical conditions. at washington regional, hospitalists, physicians who specialize in caring for hospitalized patients, were on site to provide ongoing and immediate care. in 2016 washington regional provided 18 hospitalists to our community. they worked as partners with our physicians and nursing staff to provide the highest standard of care during a patient's hospital stay. they were able to modify treatment or follow up on a test result on the spot, instead of waiting until the next day. this hands-on approach has been shown to not only help prevent medical complications, but also reduce hospital stays and lower costs. washington regional medical center maintained its advanced certification for primary stroke centers. the centers for disease control and prevention reports a higher incidence of survival and recovery for stroke patients receiving care at primary stroke centers compared to those treated in hospitals without this type of specialized care. and, as part of its participation in a nationwide clinical trial, in 2016 washington regional became the first in northwest arkansas to implant the barostim neo device in a patient with heart failure. the study is designed to determine whether the device can help patients live longer, reduce hospital stays, and improve quality of life. overall, washington regional had 15,000 acute admissions in 2016 and provided 60,653 days of inpatient acute care. (this included 11,231 intensive care days and cardiac critical care days.) the average length of an inpatient hospital stay in 2016 was 4.04 days. there were 1,512 babies born at washington regional in 2016, and 4,081 days of nursery care provided.
Emergency services: washington regional's emergency physicians and staff, backed by the resources of more than 458 physicians on the medical staff, provided medical services to 56,839 patients in 2016. washington regionals emergency department provided services regardless o
Revenue grew from $234.8M (FY2013) to $458.0M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
9.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$533.1M
Total liabilities
$274.2M
Net assets
$258.8M
Salaries & benefits
$193.6M
47% of expenses
Board members
10
8 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $457,972,922▲8.5% | $414,975,068▲6.6% | $258,842,894▼0.8% | $533,057,901▲10.7% | 990 |
| 2023 | $422,240,659▲12.3% | $389,203,565▲6.4% | $260,827,776▼0.3% | $481,420,468▲3.3% | 990 |
| 2022 | $376,111,586▼6.8% | $365,800,720▲4.6% | $261,639,191▼21.4% | $465,849,944▼19.0% | 990 |
| 2021 | $403,661,783▲5.0% | $349,570,080▲9.2% | $332,993,975▲6.5% | $575,396,005▲0.1% | 990 |
| 2020 | $384,367,074▲6.1% | $320,187,834▲5.6% | $312,556,639▲3.4% | $575,002,787▲8.2% | 990 |
| 2019 | $362,142,781▲9.8% | $303,124,746▲6.9% | $302,230,225▲14.0% | $531,371,267▲17.3% | 990 |
| 2018 | $329,789,170▲14.3% | $283,648,282▲18.9% | $265,088,787▼1.1% | $453,005,071▲4.5% | 990 |
| 2016 | $288,571,082▲10.6% | $238,570,954▲13.7% | $268,019,040▲16.6% | $433,553,337▲14.4% | 990 |
| 2015 | $260,894,264▲5.4% | $209,781,910▼0.8% | $229,957,937▲9.4% | $378,987,892▲12.7% | 990 |
| 2014 | $247,502,441▲5.4% | $211,472,169▲3.6% | $210,224,935▲7.9% | $336,333,269▲3.3% | 990 |
| 2013 | $234,768,722 | $204,125,008▼1.4% | $194,829,943▲8.5% | $325,648,896▲4.0% | 990 |
| 2012 | — | $206,942,142▲8.8% | $179,558,686▲12.6% | $312,974,369▲6.4% | 990 |
| 2011 | — | $190,135,347▼12.3% | $159,493,617▲1.0% | $294,026,115▼0.2% | 990 |
| 2010 | — | $216,724,802 | $157,885,328 | $294,571,943 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Larry Shackelford — $933,355 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Larry Shackelford | President & Ceo | 40 | $933,355 |
| Jon Berry | Director | 40 | $849,865 |
| David Ratcliff | Chief Medical Officer | 40 | $595,835 |
| Thomas Olmstead | Svp & General Counsel | 40 | $537,187 |
| Birch Wright | Coo & Administrator | 40 | $404,685 |
| Dennis Burrows | Vp of Finance | 40 | $171,275 |
| M Gareth Eck | Vice Chair | 40 | $91,465 |
| Anne O'leary-kelly | Director | 1 | — |
| Boris Bogomilov | Medical Director/physician | 20 | — |
| Britton Lott | Director | 1 | — |
| Brock Gearhart | Chairman | 1 | — |
| Drew Rogers | Director | 1 | — |
| Greg W Lee | Director | 1 | — |
| Larry Armstrong | Medical Director/physician | 20 | — |
| Marshall Saviers | Secretary | 1 | — |
| Neal Pendergraft | Director | 1 | — |
| Sean Senter | Medical Director/physician | 20 | — |
| Stacy Hanby | Director | 1 | — |
| Yang Yang | Physician | 20 | — |
| Zubair Ahmed | Medical Director/physician | 20 | — |
| Contractor | Services | Paid |
|---|---|---|
| University of Arkansas For Medical Sciences | Contract Services | $1,886,745 |
| Northwest Arkansas Pathology Association | Contract Services | $1,669,650 |
| Dialysis Centers of Northwest Arkansas | Contract Services | $1,395,113 |
| Siemens Medical Solutions | Software Support | $1,360,558 |
| Linen King | Contract Services | $845,813 |
5 grants totaling $233K in FY2024. All grants made by Washington Regional Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Washington County Arkansas | Clinic services | $78,500 |
| Arkansas Department of Health | General support | $62,471 |
| Northwest Arkansas Community College | Nursing education | $50,000 |
| Welcomehealth | General support | $28,500 |
| Serve Northwest Arkansas Inc | General support | $13,750 |
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Data for Washington Regional Medical Center (EIN 71-0664687) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.