2019 Annual Report Our Mission Our Vision Our Values Through compassion, dignity and To be the preferred partner for Gratitude excellence we seek to enhance the serious illness care in our region, Respect quality of life for those impacted by through clinical excellence and Accountability serious illness. a culture of joy and gratitude. Compassion Empowerment Service Excellence Our People and Impact volunteer honors a veteran Donors Staff Donor dollars and grants benefit the patients Our Care Teams of nurses, social workers, CNAs, and families served by Hosparus Health in many chaplains, physicians and nurse practitioners travel ways. These dollars are used to support programs our 41 counties in Kentucky and Indiana. including the Kourageous Kids pediatric program, adult palliative care and our Grief Services, as well as 653 3,040,260 innovative initiatives and capital projects. staff miles driven 6,838 8,890 $6,413,774.48 donors donations total donations received Grief Care Many people don’t realize that insurance, Medicare Grief services are provided at no cost to our and Medicaid don’t fully cover the scope of services patient families for 13 months following the Hosparus Health provides. Donor dollars help close death of a loved one. that gap to ensure we’re able to provide care to all who need our help, regardless of their ability to pay. 1,460 2,760 served individual and family counseling sessions 1,226 234 569 65 adults children group school grief Patients sessions workshops Serving adult and pediatric hospice and palliative patients and families in our circle of care. kourageous kids holiday party 237 adult Volunteers palliative 2019 hope and healing event Volunteers are special members of the Hosparus Health family and assist patients and families while 8,380 1,520 under our care. adult veterans hospice 764 72,000 $1,805,000 8,836 volunteers hours value 4.6% increase from 2018 981 Inpatient Care Center 138 Kourageous Kids 2 Annual Financial Report Fiscal years ended December 31, 2019 and 2018 Condensed Consolidated Statement of Financial Position 2019 2018 Cash and Cash Equivalents $17,359,298 $18,445,154 Net Patient Accounts Receivable 11,415,709 9,142,028 Other Current Assets 2,363,483 1,756,782 Total Current Assets $31,138,490 $29,343,964 Investments and Restricted Cash 20,269,562 16,064,908 Net Pledges Receivable 383,327 283,715 Net Property and Equipment 15,677,767 13,922,624 Total Assets $67,469,146 $59,615,211 Current Liabilities 10,912,033 8,939,317 Long Term Debt 1,046,173 1,550,334 Total Net Assets 55,510,940 49,125,560 Total Liabilities and Net Assets $67,469,146 $59,615,211 Condensed Consolidated Statement of Operations Total Operating Revenue $74,694,233 $71,005,300 Patient Care Expenses 58,363,377 52,636,443 Management and General 13,702,257 11,365,768 Marketing and Education Outreach 4,041,044 3,823,228 Increase/(Decrease) in Unrestricted Net Assets from Operations ($1,412,445) $3,179,861 Income from Net Contributions, Investments and Assets Released from Restrictions 7,797,825 60,730 Increase (Decrease) In Net Assets $6,385,380 $3,240,591 Condensed Consolidated Statement of Cash Flows Net Cash Provided by (Used in) Operations $2,895,058 $5,525,081 Net Cash (Used in) Property and Equipment and Portfolio Investment (4,001,072) (3,011,855) Net Cash Provided by (Used by) Financing 20,158 (323,824) Increase (Decrease) in Cash ($1,085,856) $2,189,402 3 Our Donors Thank you to the many donors and other supporters that helped our mission grow. This list includes donors that made outright gifts and pledges from January-December 2019 and may not be inclusive of all current donors. More than $1 Million $5,000 - $9,999 Pat Cantwell Sharon A. Tankersley∆ Franklin Bank & Trust Company Morris Young* Madeline and Jerry Abramson Clark Memorial Hospital Tea Station Asian Bistro Jean Frazier Ralph and Beverly Allen Krissy and Harold Cobb The Denton Group Dr. Jim and Mrs. Cindy Gaffney $500,000 - $999,999 Arch L. Heady @Resthaven Funeral Home Courtenay Foundation Trek Advancement Gardner Foundation, Inc. Bluecap Financial Creative Automotive Solutions, Inc. Lizabeth and Rick Turnock Phyllis and Don Garmon Paula and Frank Harshaw Chateau Bourbon Crowe Horwath, LLP Lori and Vince Tyra Stephen Gault Mary Anne Thornton James Lee Connelly* Delta Dental Plan of Kentucky Inc Doug Velander Patrick Gaunce Edward J. Diminnie Derby City Gaming Wyatt, Tarrant & Combs, LLP Richard Gay $100,000 - $499,999 Eva Juneja Foundation Inc. Doligale Family Charitable Foundation Inc Laurice and Wendell Young GE Foundation Charles E. Bottorff* Frontstream Edward Jones Mark A. Geiger Francis Fowler* GE Appliances Giving Campaign Elk Run Golf Course $1,000 - $2,499 Donna Gentry Enclara Pharmacia Cheri & Douglas Glass Irvin F. and Alice S. Etscorn Foundation Karen and Roger Harbeson Tonja A. Aaron-Wells EXP Realty/JOLM, LLC Clinton Glasscock Kim Hamilton Trust Allison and Thomas Harris Leah and Anthony Abang Fidelity Charitable Gift Fund Mary Jo and John Gohmann Barbara A. Maxwell* Humana Paul E. Adams* First Savings Bank Connie Goodman Steven Humphrey Danielle and Charlie Archer Atha Ford Dr. Mary E. Gordinier Jesse and Reva Newman Trust Lisa Archer $50,000 - $99,999 Fourth Street Performance Partners Inc. Terri∆ and Doug Graham JRA Architects Ballotin Chocolate Whiskey Moninda and D. Michael Coyle W. Dixon Fullerton Graves Gilbert Clinic Kathleen and Chuck Kinney BCCLT Consulting Engineers Dr. and Mrs. S. Lyle Graham Kathy Mounce and Don Garton Green Street Baptist Church Koetter Woodworking, Inc. Susan and Richard Bean Hazel Luster Estate Glenview Trust Company Steven Grissom Gerald Lanz Priscilla Beeler Kosair Charities Grant Line Garden Center and Nursery Cis Beam Gruebbel and LBM Construction Company Karen Benedict Stephanie M. Livers, PSC ∆ Greater Louisville Medical Society Mr. Craig Gruebbel Kathi and Phil Marshall Joanne and James Berryman The Community Foundation of Louisville ∆ Beth∆ and Neil Hobson Sonya and Ara Hacet Mr. Scott and Dr. Stacey Merritt-Jenney Colleen Boeckmann Mary Lou Trautwein-Lamkin* Michael Hogan Elbirda Haley John Clyde Miller* E. Ruth Braeutigam* WHAS Crusade For Children, Inc. Huber’s Orchard & Winery Jessica and Patrick Harbeson Dr. and Mrs. Robert K. Myers Tina and David Britt Hussung Mechanical Contractors, Inc. Judy G. Harden Network For Good Lisa M. Broderick & HMC Service Company Hardin Memorial Hospital $10,000 - $49,999 Office Resources, Inc. Thomas Brubaker IBM International Foundation HealthCare Recruiters Beth and David Bradford Geri Perkins Mr. Paul A. Winter and Dr. Jill Butters Jacobi Oil Service, Inc. Lucy and Scott∆ Herrmann Breckinridge Bluegrass Music Association Thomas S. Prather* Caesars Foundation of Floyd County Margaret and Michael Jakubowicz Rosemary Hildenbrand Betty J. Brown* Annie & Mike Ratterman CE Hughes Milling John Jones Auto Group Holy Spirit Parish Brown-Forman Corporation Billy and Denise Roby Charles Schwab Vicki and Marty Johnson Mr. and Mrs. Elam Hoover Al and Mary Jo Burke Schmidt Family Foundation, Inc. Community Foundation of Anonymous Rosie Hoover Community Foundation of Dr. Ruth M. Simons∆ South Central Kentucky Marguerite and Ken Kapp Shari House Southern Indiana Sisters of Charity of Nazareth Cone Funeral Home Jacob Kleehamer Robyn Howard Pauline Deprez Splash Analytics Jenifer and Lou Conkling Koetter Construction, Inc. Dr. Kathryn S. Hutchens Dubois County Community Foundation The Allergan Foundation John B. Corso Kroger Company Carol and Gilbert Hutton Ephraim and Wilma Shaw Roseman The Hazel and Walter T. Bales Nancy C. Crawford Lincoln Financial Group J. Rorrer & Co., PC Foundation Inc. Foundation, Inc. Kimberly Crocker Mary Cofer Trigg Foundation Katherine Jackson Mary Carolyn Shelman* The Veale Foundation Diana Crombie Gaye and Mike McCubbin Jacobi Sales, Inc. Fred B. and Opal S. Woosley Foundation Carol Thomas Ledonya and Scott Derbacher Medline Industries, Inc. Franklin Janes Charles B. Hood* Randell Travis* Derby Industries LLC Momentum Title Agency John Janson, Jr. Meg Leibson Trilogy Health Services LLC Details Commercial Group Monroe Shine Co., Inc Tracy and Dennis Johnson Margaret E. and Stephen E. Diebold Wilma M. Westenhoefer* Deanna Dome Neptune Society Cremation Services Rajesh Joseph Charitable Foundation Cathy and W. Earl Zion Jacquelyn Doogarsingh Kathleen and Tony Passafiume Jimmie Dee Kelley McGriff Insurance Services Duke Energy Foundation Pearson Funeral Home Jeffrey Kessler Metro United Way $2,500 - $4,999 Dr. and Mrs. John J. DuPlessis, Jr. Anonymous Angie Phelps-Sells KFC American Endowment Foundation Edward Jones Norton Healthcare Janet Pickerell Andy and Kimberly Kim Linda and Robert Anderson Shirley and Mike Ehrler Republic National Distributing Company PNC Bank Melba Kindervater ARGI Gives Betty and Richard Elsmore River Cities Corvette Club Republic Bank & Trust Company Karen and David King Arrasmith, Judd, Rapp, Chovan, Inc Enterprise Holdings Sam Swope Family Foundation Mary Jane and Bill Roby Donna and Wayne Kirchgessner Architects Wanda Eschman Samtec Jacky & Brad Ruch Kiwanis of Historic New Albany Arthur K. Smith Family Foundation Farmers National Bank Marci Schroeder Schmitt Furniture Dr. and Mrs. Alfred L. Knable, Jr. Juanita and Bill Beach Vincent J. Feldkamp Tender Touch Heart & Home Inc. Dawn and Glenn Smith Brandon Koetter Bennett & Bennett Insurance, Inc. Rhoda W. Filback∆ The Bufford Family Foundation Drs. John & Bethany∆ Snider Shirley and Rick Koetter Paula and Michael Bryant Pat and Al Fiorini The Gheens Foundation Statewide Mortgage LLC Tricia and Jerry Koetter Deborah A. Burda Mary and George Fischer The Mahan Foundation Inc. Jeffrey Swartz Cheryl Korb Callistus Smith Agency Michael D. Fleming 4 Linda and Michael Korfhage Mr. and Mrs. Jason Rainwater Deborah Ault Linda and Gary Fernandez Louisville Paving Company Andrew Kung Pam and Jim Ratterman Kathryn and Anthony Balbach Kathleen Fiorini Geneva Love* L & N Federal Credit Union Ratterman Family Funeral Home/ Christi Baldwin First Harrison Bank Rafael P.