Guthrie

What it reported doing in 2024

Guthrie corltand medical center is dedicated to serving the lifelong health care needs of cortland and the surrounding area. As a team-oriented community health and medical organization, guthrie cortland medical center provides quality care, skill and compassion to all people regardless of their ability to pay. Our hospital is committed to: - improving the wellness of the community through leadership in health-related activities and education. - supporting and preserving the personal and professional growth of our quality health-care team, thereby providing stimulating environment for all employees. - recruiting and retaining quality healthcare professionals. - cooperating with other healthcare providers, regulatory agencies, and insurance companies to advance our service to every member of the community. - maintaining the hospitals financial viability for the well-being of the community. - acquiring and maintaining equipment required to provide quality care. - encouraging the active participation of community members in a volunteer capacity in order to augment our services. Guthrie cortland medical center is a voluntary, not-for-profit corporation. The medical center provides health care services of preventive, curative and educational nature. The primary services provided are: acute medical inpatient care (including maternity), psychiatric inpatient care, residential care (skilled nursing facility), emergency room, ambulatory surgery, outpatient diagnostic services, long term home health care program, community health wellness screening, adult day care and clinic.

Financial Efficiency

• Mission deployment rate: 56.9%; rating input score 57
• Program expense ratio: 66.8%; rating input score 67
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 84.6%; rating input score 85; 1st percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.4%; rating input score 99; 40th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 57.1%; rating input score 57; 14th 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: 14.7%; rating input score 81; 81st percentile among comparable filings
• Total-asset coverage ratio: 3.21; rating input score 76; 76th percentile among comparable filings
• Liabilities to assets ratio: 0.75; rating input score 19; 19th percentile among comparable filings
• Officer compensation ratio: 1.6%; rating input score 63; 63rd percentile among comparable filings

Growth

• Program expense growth: 2% per year; rating input score 100; 16th percentile among comparable filings
• Revenue growth: 3.6% per year; rating input score 100; 29th percentile among comparable filings
• Asset growth: 10.8% per year; rating input score 100; 74th percentile among comparable filings