Northwestern Medical Center

What it reported doing in 2023

Charity Care - The Hospital provides care to patients who meet certain criteria under its charity care policy. Because the Hospital does not pursue collection or amounts determined to qualify as charity care they are not reported in revenue. The Hospital maintains records to identify and monitor the level of charity care it provides. The records include the amount of charges foregone for services and supplies furnished under its charity care policy, the estimated cost of those services and supplies and equivalent service statistics. The following information measures the level of charity care provided during the year ended September 30, 2024.See continuation on Schedule O. Estimated costs and expenses incurred to provide charity care: $445,000Number of charity care patients served: 916The Hospital provides health care services to residents of St. Albans, Vermont, and the surrounding area, without regard to the individual's ability to pay for their services.

Financial Efficiency

• Mission deployment rate: 80.6%; rating input score 81
• Program expense ratio: 81%; rating input score 81
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 88.2%; rating input score 88; 3rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited
• Public monitoring controls: Limited
• Public policy transparency: Limited
• Public financial transparency: Limited
• Impact reporting controls: Limited
• Public relationship transparency: Limited

Accountability

• Independent voting board: 90.9%; rating input score 91; 40th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
• Public governance controls: Limited
• Zakat policy transparency: Limited

Sustainability

• Operating margin: -0.4%; rating input score 28; 28th percentile among comparable filings
• Operating reserve ratio: 1.34; rating input score 50; 50th percentile among comparable filings
• Liabilities to assets ratio: 0.27; rating input score 61; 61st percentile among comparable filings
• Officer compensation ratio: 3.4%; rating input score 31; 31st percentile among comparable filings

Growth

• Program expense growth: 2.7% per year; rating input score 100; 22nd percentile among comparable filings
• Revenue growth: 3.4% per year; rating input score 100; 29th percentile among comparable filings
• Asset growth: 4.7% per year; rating input score 100; 34th percentile among comparable filings