South Shore Hospital Inc

What it reported doing in 2023

Health care programs, general/other: south shore hospital is a not-for-profit acute care, regional hospital licensed by the Massachusetts department of public health to operate 374 acute care beds (composed of 287 medical/surgical, 24 intensive care/coronary care, 51 level iii maternal/newborn, 12 pediatric/young adult and 10 neonatal), and 67 bassinets (composed of 20 level ii special care nursery bassinets and 47 newborn bassinets). The hospital offers a comprehensive range of health care services to meet diverse community needs, including emergency care, acute care (including medical, surgical, obstetrical/gynecological, pediatrics, cardiac and cancer care), outpatient services (including imaging, surgical, rehabilitation, wound and specialized orthopedic care), home health services and community services. The hospital provides free care to those who are unable to pay, sponsors free cancer screenings, other health screenings, various support groups and educational programs, including public health education, wellness programs and the training of health professionals such as physicians, nurses and technicians. During the year ended september 30, 2024, the hospital had 35,980 discharges and approximately 330,308 outpatient visits. The hospital's emergency center is open 24 hours a day, every day of the year, and had 123,221 visits during the year. The hospital's home care division helps people maintain independence at home. The visiting nurses coordinate the appropriate specialists, services and community resources for each patient. Our home care division provided over 101,962 home visits to patients in fy24.

Financial Efficiency

• Mission deployment rate: 88.1%; rating input score 88
• Program expense ratio: 86.9%; rating input score 87
• Fundraising efficiency: $6.6 raised per $1 spent on fundraising; rating input score 30; 30th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
• Foreign activity oversight: Limited
• Grant itemization coverage: 97.5%; rating input score 98; 33rd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100
• Public monitoring controls: Limited
• Public policy transparency: Limited
• Public financial transparency: Limited
• Impact reporting controls: Limited
• Public relationship transparency: Limited

Accountability

• Independent voting board: 61.5%; rating input score 62; 17th percentile among comparable filings
• Governance controls: 6 of 9 controls in place; rating input score 67
• Public governance controls: Limited
• Zakat policy transparency: Limited

Sustainability

• Operating margin: -0.5%; rating input score 28; 28th percentile among comparable filings
• Operating reserve ratio: 0.77; rating input score 31; 31st percentile among comparable filings
• Liabilities to assets ratio: 0.46; rating input score 41; 41st percentile among comparable filings
• Officer compensation ratio: 1.5%; rating input score 65; 65th percentile among comparable filings

Growth

• Program expense growth: 8% per year; rating input score 100; 65th percentile among comparable filings
• Revenue growth: 5.4% per year; rating input score 100; 49th percentile among comparable filings
• Asset growth: 4.5% per year; rating input score 100; 33rd percentile among comparable filings