Williamson Health & Wellness Center Inc. Company Profile

Background

Williamson Health & Wellness Center Inc. is a nonprofit organization based in Williamson, West Virginia, dedicated to building a culture of health through holistic community and clinical interventions. Established in 2011, the Center operates as a Federally Qualified Health Center (FQHC), providing affordable, obtainable, and reliable healthcare services to residents of Mingo County and surrounding areas. Its mission is to stimulate a thriving local economy centered on wellness for the entire population.

Key Strategic Focus

The Center's strategic focus encompasses a comprehensive range of primary care services, including treatment and management of acute and chronic illnesses, pediatric and adolescent care, women's health, immunizations, dental care, and behavioral health services. By addressing the social determinants of health, the Center aims to reduce health disparities and promote preventive care, ensuring that all residents, regardless of income or insurance status, have access to quality healthcare.

Financials and Funding

In the fiscal year ending December 2023, Williamson Health & Wellness Center reported total revenue of $20,929,018 and expenses of $17,491,748, resulting in a net income of $3,437,270. The organization's total assets stood at $28,239,295, with liabilities amounting to $11,331,956, leading to net assets of $16,907,339. Notably, 42.9% of the revenue was derived from contributions, while 53.2% came from program services.

Leadership Team

The Center is led by a dedicated team of professionals committed to advancing its mission:

Christopher Beckett, Chief Executive Officer, with a compensation of $700,250.

Brian Francis, Adult Medicine Provider, earning $400,213.

Muneel Abbas, Family Practitioner, with a salary of $357,422.

Timothy Reed, Nurse Practitioner, compensated at $239,588.

David Nielson, Podiatrist, earning $212,250.

Competitor Profile

Market Insights and Dynamics

The healthcare industry in West Virginia, particularly in rural areas like Mingo County, faces challenges such as high poverty rates and limited access to care. Organizations like Williamson Health & Wellness Center play a crucial role in addressing these issues by providing comprehensive healthcare services to underserved populations.

Competitor Analysis

Williamson Health & Wellness Center operates in a competitive landscape with several organizations offering similar services:

Vitality Unlimited: Employs 127 staff members and generates approximately $7 million in revenue.

Addiction Treatment Center of New England: With 26 employees, it reports around $3.3 million in revenue.

Root Center for Advanced Recovery: Boasts 172 employees and a revenue of $24.2 million.

Jacksonville Beach Rehab: Operates with 28 employees and earns about $5.4 million in revenue.

Harmony Hills: Has 62 employees and a revenue of $1.9 million.

Strategic Collaborations and Partnerships

The Center is a key participant in the Healthy in the Hills Network, a coalition of cross-sector partners in southern West Virginia and eastern Kentucky. This network focuses on improving rural health through collaborative, community-driven processes, addressing social determinants of health, and fostering a culture of wellness.

Operational Insights

Williamson Health & Wellness Center's commitment to holistic community and clinical interventions sets it apart from competitors. By integrating comprehensive healthcare services with community-driven initiatives, the Center effectively addresses both medical and social determinants of health, promoting overall community well-being.

Strategic Opportunities and Future Directions

Looking ahead, the Center aims to expand its services and outreach programs to further reduce health disparities in the region. By leveraging existing partnerships and exploring new collaborations, Williamson Health & Wellness Center seeks to enhance its impact on community health and contribute to the economic vitality of the area.