Methodist Le Bonheur Healthcare

What it reported doing in 2024

Methodist healthcare - memphis hospitals is a 501(c)(3) non-profit organization consisting of five hospitals within an integrated healthcare delivery system based in memphis, Tennessee. The first methodist hospital in the system was founded in 1918 by the united methodist church to help meet the growing needs for quality healthcare in the mid-south. Affiliated with the memphis, Mississippi and Arkansas conferences of the united methodist church, methodist healthcare - memphis hospitals combine a dedication to the art of healing with a christ-centered commitment to minister to the whole person. The five (5) facilities of methodist healthcare - memphis hospitals are licensed as one hospital. It is the third largest hospital in the country. Methodist has five major areas of focus: cardiology, cancer, neurosciences, transplant, and pediatrics. Methodist healthcare - memphis hospitals operates the following hospitals: - methodist university hospital, the flagship of the methodist healthcare system, is located in the heart of the memphis medical center. Methodist is formally affiliated with the university of Tennessee health science center and serves as its primary teaching site. A tertiary care and referral center, methodist university hospital has one of the largest neurosciences programs in the country. The transplant program specializes in solid organ transplants of the kidney, liver and pancreas. - methodist north hospital is a community hospital serving residents of the raleigh bartlett area of north memphis and surrounding areas. The facility offers state-of-the-art, comprehensive cardiac services. The hospital has expanded laser surgery capabilities and same-day surgery services on campus, as well as an affiliated rehabilitation facility on campus. - methodist south hospital serves the citizens of south memphis and surrounding areas. This acute care hospital includes a maternity center, a cancer center, a critical care unit, a same-day surgery unit and a complete array of outpatient services. The methodist south hospital also offers state-of-the-art cardiac services, including cardiac catheterization and open-heart surgery. - methodist le bonheur germantown hospital is a community hospital serving germantown, collierville, east memphis and north Mississippi. The hospital offers acute inpatient care and treatment, extensive surgical services, women's health services, cardiac services, children's services and emergency services with urgent and emergency care for adults and children. - le bonheur children's hospital is the mid-south's first and only comprehensive pediatric medical facility. Founded in 1952, le bonheur treats children from 47 states and many countries. The hospital is home to one of the nation's 10 busiest pediatric emergency departments and hosts one of the largest pediatric surgical brain tumor programs. It is the teaching site for the university of Tennessee department of pediatrics and home to the children's foundation research center of memphis. Le bonheur children's hospital was named a national best children's hospital by u.s. News & world report and also recognized as high-performing in the following seven specialties: cardiology & heart surgery, neurology & neurosurgery, pulmonology, urology, nephrology, orthopedics, and neonatology. At methodist le bonheur healthcare, we take our mission seriously and are committed to giving back to the community in a meaningful way. Our hospitals are part of a system that is the largest provider of tenncare services in the state, and our facilities provide full access to all individuals in our services area. * * * in 2024 mlh contributed more than $268 million in community benefit to memphis and the mid-south through various efforts including, charity care, medicare/tncare shortfall, medical education, and community health improvement services. Net community benefit expense is calculated using a standard approach as required for government benefit reporting. Methodist

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 93.6%; rating input score 94
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 92.9%; rating input score 93; 41st 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: -11.1%; rating input score 7; 7th percentile among comparable filings
• Total-asset coverage ratio: 0.57; rating input score 21; 21st percentile among comparable filings
• Liabilities to assets ratio: 0.38; rating input score 46; 46th percentile among comparable filings
• Officer compensation ratio: 0.5%; rating input score 84; 84th percentile among comparable filings

Growth

• Program expense growth: 2.8% per year; rating input score 100; 21st percentile among comparable filings
• Revenue growth: 2.5% per year; rating input score 100; 18th percentile among comparable filings
• Asset growth: 1.8% per year; rating input score 100; 14th percentile among comparable filings