Sparrow Specialty Hospital

What it reported doing in 2024

Umh-sparrow specialty hospital is an acute care hospital, providing medically complex patients with high levels of specialized care over a longer period of time than normally seen in a general acute care hospital setting. Umh-sparrow specialty hospital is highly focused on specific patient needs. Commonly known as a long-term acute care hospital (ltach), umh-sparrow specialty hospital is worth considering for people experiencing a wide range of serious medical illnesses, including respiratory problems. Open since april 2004, umh-sparrow specialty hospital is lansing's first and only ltach facility. The hospital treats adults recovering from major illness or injuries that typically require an average expected stay of 25 days. Umh-sparrow specialty hospital was specifically created to provide patients the opportunity of time for healing. The hospital is a 30-bed, community-based, non-profit hospital located on the eighth floor of the tower on umh-sparrow's main campus. Umh-sparrow specialty hospital was created to fill a gap in medical treatment for the people of mid-Michigan. Before then, patients who were looking for a long-term acute care facility had to be moved to grand rapids, jackson, or detroit creating a burden for family members who had to travel long distances to visit them. Our patients have a high level of daily contact with physicians and a highly skilled nursing staff. Umh-sparrow specialty hospital provides care for patients who are recovering from multiple surgeries and those with multiple organ system failure. Umh-sparrow specialty hospital uses an interdisciplinary approach to maximize each patient's recovery potential. Services include but are not limited to: - 24-hour professional nursing care - 24-hour respiratory therapy - occupational therapy - physical therapy - speech therapy - discharge planning/case management - in-patient pharmaceutical services - nutritional services - dialysis - ventilator support - wound care - physician specialty services - pastoral care additional services are available under a contractual arrangement with umh-sparrow. These services include laboratory services, medical imaging and interventional radiology, surgical services and cardiology services. With an aging population and advances in technology, patients have opportunities to live longer. Therefore, recognizing the need for complex medical care that lasts longer than the traditional hospital stay, umh- sparrow specialty hospital was designed as an additional component of the continuum of care provided at umh-sparrow health system to continue the healing process. Umh-sparrow specialty hospital is fully accredited by the joint commission. We focus on specific types of seriously ill people with unique needs. This means our staff members are highly specialized in their field of training and can provide an extremely concentrated level of care. This degree of specialization means people in need of a high level of care can benefit from the latest and most advanced medical technology at our facility. Admission to umh-sparrow specialty hospital is based upon the patient's need for this level of care, via physician referral, our admissions specialist or the patient or their representative. Umh-sparrow specialty hospital only admits patients who will benefit from the type of care we provide. Because of the long-term nature of most patients' illnesses, family members and personal representatives are encouraged to participate in interdisciplinary team decisions regarding care. Umh-sparrow specialty hospital's goal is to provide aggressive treatment and acute care to patients suffering from a variety of unfortunate incidents and/or late stage illness progression. Our approach to provide acute medical care and therapy services hand-in-hand over extended periods of time is better for the patient, providing improved patient outcomes and reduced medical costs overall. Early transfer from a traditional acute care hospital's critical care uni

Financial Efficiency

• Mission deployment rate: 64.5%; rating input score 65
• Program expense ratio: 82.7%; rating input score 83
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 6 of 6 controls in place; rating input score 100
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 60%; rating input score 60; 10th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 24.3%; rating input score 85; 85th percentile among comparable filings
• Total-asset coverage ratio: 3.65; rating input score 79; 79th percentile among comparable filings
• Liabilities to assets ratio: 0.08; rating input score 76; 76th percentile among comparable filings
• Officer compensation ratio: 11.5%; rating input score 15; 15th percentile among comparable filings

Growth

• Program expense growth: 1.7% per year; rating input score 100; 18th percentile among comparable filings
• Revenue growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings
• Asset growth: 12% per year; rating input score 100; 72nd percentile among comparable filings