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Holmes Regional Medical Center

EIN 59-0624371 · Rockledge, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood75 out of 100GovernanceStrong95 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

WE EXIST TO IMPROVE THE HEALTH AND WELLNESS OF THE COMMUNITIES WE SERVE.

Income
$252.1 million
Spending
$218.4 million
Spent on programs
90%
Reserves
14.7 months of spending
Largest source of income
fees for its services, 99%
Employees
0
Volunteers
358
Highest pay
$1.3 million, fmr vp ceo hosp. exe vp cfo/coo asst treasurer

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 75 out of 100. Higher than 64% of charities in its peer group (health care, over $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 14.7 months of spending.

  • Debt

    10 of 20

    It owes 43% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 13% of income.

  • Income trend

    0 of 15

    Income fell 73% on the year before.

  • Spending floor

    15 of 15

    90% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 95 out of 100. Higher than 36% of charities in its peer group (health care, over $100m).

  • Independent board

    25 of 25

    9 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $196.4 million spent. HOLMES REGIONAL MEDICAL CENTER (HRMC) FEATURES 550 ACUTE BEDS, 10 NICU, MORE THAN 570 PHYSICIANS AND IS THE REGION'S PREMIER TERTIARY REFERRAL HOSPITAL. HRMC OFFERS ALL PATIENTS INNOVATIVE, LIFE-SAVING TECHNOLOGY, INCLUDING VITALWATCH EICU WHICH COMBINES TELEMEDICINE SOFTWARE AND 24/7 ELECTRONIC MONITORING TECHNOLOGY. HRMC IS ALSO ONE OF THE LOCATIONS OF HEALTH FIRST'S FMAILY PHARMACY AND HOME OF BREVARD COUNTY'S ONLY PEDIATRIC ER AND LEVEL II NICU.HRMC WAS RANKED NO. 22 IN THE STATE OF FLORIDA (AMONG MORE THAN 300 HOSPITALS) AND NO. 1 IN BREVARD COUNTY AS PART OF THE ANNUAL U.S. NEWS & WORLD REPORT TOP HOSPITALS LIST. AS PART OF THE ANNUAL REPORT, HOSPITALS ARE RATED ACCORDING TO THEIR PERFORMANCE IN COMPLEX CARE IN MEDICAL SPECIALTIES AND IN COMMON PROCEDURES AND CONDITIONS. TO HELP PATIENTS DECIDE WHERE TO RECEIVE CARE, U.S. NEWS GENERATES HOSPITAL RANKINGS BY EVALUATING DATA ON NEARLY 5,000 HOSPITALS NATIONWIDE. TO BE NATIONALLY RANKED IN A SPECIALTY, A HOSPITAL MUST EXCEL IN CARING FOR THE SICKEST, MOST MEDICALLY COMPLEX PATIENTS. HRMC WAS RECOGNIZED FOR SEVEN HIGH PERFORMANCE SPECIALTIES (HEART ATTACK, HEART BYPASS SURGERY, HEART FAILURE, DIABETES, STROKE, HIP REPLACEMENT, PNEUMONIA). THE HEART CENTER AT HRMC PERFORMS MORE CARDIAC PROCEDURES THAN ALL THE OTHER HOSPITALS IN BREVARD. AS THE AREA'S LEADER IN HEART AND VASCULAR SERVICES, THE HEART CENTER FEATURES STATE-OF-THE ART CARDIAC CATHETERIZATION SUITES AND ADJOINING PRE-AND POST-PROCEDURE RECOVERY AREAS. A ROOFTOP LANDING SITE FOR THE FIRST FLIGHT EC135 MEDICAL HELICOPTER HAS DEDICATED ELEVATOR ACCESS TO THE LEVEL II TRAUMA CENTER, EMERGENCY HEART CATHETERIZATION, AND STROKE INTERVENTION SERVICES AT THE HEART CENTER. THE ADVANCED STRUCTURAL HEART PROGRAM OFFERS PROGRESSIVE PROCEDURES, INCLUDING TRANSCATHETER AORTIC VALVE REPLACEMENT (TAVR), WATCHMAN, MITRACLIP, AND ATRICLIP.HEALTH FIRST'S HEART & VASCULAR PROGRAM HAS RECEIVED A PRESTIGIOUS THREE-STAR OVERALL ISOLATED CABG RECOGNITION FROM THE SOCIETY OF THORACIC SURGEONS. THE HONOR RECOGNIZES HEALTH FIRST'S PATIENT CARE AND OUTCOMES RELATIVE TO ISOLATED CORONARY ARTERY BYPASS GRAFTING (CABG) PROCEDURES. THE THREE-STAR RATING, WHICH DENOTES THE HIGHEST CATEGORY OF QUALITY, PLACES HEALTH FIRST'S HEART & VASCULAR PROGRAM AMONG THE ELITE FOR HEART BYPASS SURGERY IN THE UNITED STATES AND CANADA.THE STAR RATING SYSTEM (SRS) IS ONE OF THE MOST SOPHISTICATED AND HIGHLY REGARDED OVERALL MEASURES OF QUALITY IN HEALTH CARE, RATING THE BENCHMARKED OUTCOMES OF CARDIOTHORACIC SURGERY PROGRAMS ACROSS THE UNITED STATES AND CANADA. THE STAR RATING IS CALCULATED USING A COMBINATION OF QUALITY MEASURES FOR SPECIFIC PROCEDURES PERFORMED BY AN STS ADULT CARDIAC SURGERY DATABASE PARTICIPANT.HEALTH FIRST'S HEART & VASCULAR PROGRAM NOW FEATURES THE GENERAL ELECTRIC SIGNA ARTIST MRI MACHINE THAT DOES NOT USE X-RAYS OR RADIATION BUT RELIES ON A LARGE MAGNET, RADIO WAVES, AND A COMPUTER TO CREATE A SERIES OF IMAGES OF THE HEART AND ITS SURROUNDING BLOOD VESSELS. THIS NEW CARDIAC MRI MACHINE IS THE FIRST OF ITS KIND IN BREVARD, PROVIDING PATIENTS WITH THE DIAGNOSIS THEY NEED, FASTER AND MORE COMFORTABLY.HRMC IS ALSO THE FIRST HOSPITAL IN BREVARD TO OFFER STATE-OF-THE-ART ROBOTICS-ASSISTED SURGERY (DAVINCI XI) FOR CARDIOTHORACIC, GENERAL SURGERY, UROLOGY, AND GYNECOLOGICAL PROCEDURES.THE STROKE CENTER AT HOLMES REGIONAL MEDICAL CENTER IS THE ONLY JOINT COMMISSION - CERTIFIED THROMBECTOMY-CAPABLE STROKE CENTER (TSC) SERVING BOTH BREVARD AND INDIAN RIVER COUNTY. THE STROKE PROGRAM UTILIZES AN ARTIFICIAL INTELLIGENCE PLATFORM TO STREAMLINE THE IDENTIFICATION AND MANAGEMENT OF STROKE. OUR "VIZ.AI" SOFTWARE ALERTS OUR STROKE TEAM OF SUSPECTED STROKES AND LARGE VESSEL OCCLUSIONS WITHIN 5 MINUTES OF ANALYZING MEDICAL IMAGING DATA FROM OUR COMPUTED TOMOGRAPHY (CT) SCANNER. THIS LEADS TO BETTER OUTCOMES FOR OUR STROKE PATIENTS. TSC OFFERS LIFE-CHANGING INTERVENTIONAL NEURO-RADIOLOGY SERVICES FOR ADVANCED STROKE TREATMENT. THE STROKE CENTER IS EQUIPPED WITH A BIPLANE ANGIOGRAPHY AND ENDOVASCULAR SUITE, OFFERING HIGHLY ADVANCED IMAGING AND MINIMAL INVASIVE ENDOVASCULAR SURGERY AND STROKE INTERVENTION SERVICES. THE COMPREHENSIVE NEUROSCIENCE PROGRAM OFFERS ADVANCED TREATMENT AND SURGICAL PROCEDURES FOR THE BRAIN, SKULL, SPINE, SPINAL CORD, AND PERIPHERAL NERVOUS SYSTEM.PALM BAY HOSPITAL (PBH) FEATURES 120 ACUTE BEDS, AND MORE THAN 200 HIGHLY SKILLED PHYSICIANS. FOCUSED ON INNOVATIVE TECHNOLOGY, PBH OFFERS PATIENTS EXTENSIVE DIGITAL DIAGNOSTIC RADIOLOGY INCLUDING DIGITAL MAMMOGRAPHY, X-RAY, MRI, CT, ULTRASOUND, NUCLEAR MEDICINE, DIAGNOSTIC CARDIAC CATHETERIZATION, PCI PROCEDURES, TELESTROKE, TELERADIOLOGY AND VITALWATCH EICU. PBH ALSO OFFERS A FULL SPECTRUM OF HEALTHCARE SERVICES INCLUDING CARDIOPULMONARY, SURGERY, REHABILITATION, INTENSIVE CARE, EMERGENCY, ENDOSCOPY SERVICES, AND IS ONE OF THE HEALTH FIRST FAMILY PHARMACY LOCATIONS.AS PART OF THE U.S. NEWS & WORLD REPORT TOP HOSPITALS LIST, PBH EARNED HIGH PERFORMING RECOGNITION IN FOUR AREAS HIP REPLACEMENT, KNEE REPLACEMENT, DIABETES, AND CHRONIC OBSTRUCTIVE PULMONARY DISEASE (COPD).PBH RECEIVED A 4-STAR RATING BY THE CENTERS FOR MEDICARE & MEDICAID SERVICES IN 2024 AND ACHIEVED RECERTIFICATION BY THE JOINT COMMISSION AS A PRIMARY STROKE CENTER. PBH ALSO RECEIVED ACCREDITATION BY THE INTERSOCIETAL ACCREDITATION COMMISSION FOR ECHOCARDIOGRAPHY IN ADULT TRANSTHORACIC.HRMC AND PBH PROVIDE HIGH-QUALITY MEDICAL SERVICES REGARDLESS OF RACE, CREED, GENDER, NATIONAL ORIGIN, HANDICAP, AGE, OR ABILITY TO PAY. IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES AND FURTHER, THAT OUR MISSION IS TO SERVE THE COMMUNITY WITH RESPECT TO PROVIDING HEALTHCARE SERVICES AND HEALTHCARE EDUCATION.IN KEEPING WITH THE HOSPITAL'S COMMITMENT, TO SERVE ALL MEMBERS OF ITS COMMUNITY:(1) FREE CARE AND/OR SUBSIDIZED CARE IS PROVIDED WHERE THE NEED AND/OR INABILITY TO PAY EXISTS AS DETERMINED BY HEALTH FIRST'S FINANCIAL ASSISTANCE POLICY.(2) CARE IS

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 1945.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.