P

piedmont-health-services

lightning_bolt Market Research

Piedmont Health Services (PHS) is a Federally Qualified Health Center (FQHC) headquartered in Chapel Hill, North Carolina. Established in 1970, PHS is dedicated to improving community health by providing high-quality, affordable, and comprehensive primary healthcare services. The organization's vision is to create a healthy community where all individuals have timely access to quality care.

PHS operates 10 community health centers and two Program of All-Inclusive Care for the Elderly (PACE) SeniorCare centers, serving residents across five counties in North Carolina. These facilities offer a range of services, including medical, dental, behavioral health, pharmacy, and nutrition counseling. The PACE program provides comprehensive care for older adults, enabling them to live independently while receiving necessary medical and supportive services.

In the fiscal year ending December 2023, PHS reported revenues of approximately $82.1 million and expenses of $80.4 million, resulting in a net income of $1.7 million. The organization's total assets stood at $54.1 million, with liabilities of $17.6 million, leading to net assets of $36.5 million. Revenue sources included $17.2 million from contributions and $64 million from program services.

PHS's leadership team is headed by Chief Executive Officer Brian Toomey, who earned a compensation of $303,320 in 2023. Other key executives include Chief Medical Officer Joan East, with a compensation of $258,377, and Medical Director Sharon Reilly, who received $248,336.

PHS faces competition from other community health organizations such as Cahaba Medical Care, Health Services Incorporated, and Community Medical Services. These competitors also focus on providing comprehensive healthcare services to underserved populations, emphasizing the importance of quality care and community engagement.

PHS has established significant collaborations to enhance its service offerings. Notably, the organization received a $2.6 million grant aimed at expanding healthcare services and improving access for underserved communities in its North Carolina service area. This funding supports initiatives to enhance primary care, behavioral health, and dental services.

PHS's strategic roadmap focuses on expanding its reach and services to meet the evolving healthcare needs of the community. By leveraging its strengths in comprehensive care and community engagement, PHS aims to address health disparities and improve outcomes for underserved populations.

For more information, visit PHS's official website at piedmonthealth.org.
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