Adventist HealthCare

What it reported doing in 2024

For any number of reasons, receiving care at home -- whether for ongoing treatment or recovering after a hospital stay -- can lift a patient's spirits and recovery. Celebrating 50 years, adventist healthcare home health services has brought healing home with comprehensive, skilled services and compassionate care. In 1983, we expanded our home health division to include adventist home assistance, which provides private-duty nursing services and personal care for patients that require assistance to stay independent in their home. Adventist choice nursing was established in 1995 to offer a cost-effective option for private-duty and skilled-nursing services.continues on schedule o.adventist home health services' team of skilled nurses, therapists and social workers deliver comprehensive services including adult and pediatric nursing care, cardiac care, diabetes care, wound/ostomy care, oncology care, rehabilitation services, medical social services, home health aide services and nutrition counseling services. We serve patients in their homes throughout montgomery, prince george's, st. Mary's, charles, calvert, anne arundel, frederick, howard counties. In 2024, we had an increase in our admissions compared to the last 2 years. We continue to provide high quality care and successfully closed our 2024 with 4.5 star rating by centers for medicare and medicaid services (cms) home health compare for over 6 years! We also offer a falls prevention education program to reduce the risk of falls and increase in-home safety. This education program has proven effective as we celebrate our 7th year of zero severe harm and/or death. We also have other specialty programs, such as wound/ostomy care with oversight by a certified wound nurse.our high-quality care is due to highly engaged team members. In 2024, adventist home care services' employee engagement score is at 4.12, which is above 50th percentile compared to other agencies. We focused on continuous recognition for our team members and had our 2nd inaugural clinician of the year awards. The award ceremony recognizes top performers in quality of care, patient experience, rises values and overall. In 2024, we implemented the national recognition of daisy awards. Usually, this award is for inpatient setting, we were able to roll this out to our home care team.

Financial Efficiency

• Mission deployment rate: 59.9%; rating input score 60
• Program expense ratio: 61.8%; rating input score 62
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd 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: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 0%; rating input score 0; 3rd 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: 2.5%; rating input score 44; 44th percentile among comparable filings
• Total-asset coverage ratio: 0.82; rating input score 29; 29th percentile among comparable filings
• Liabilities to assets ratio: 0.22; rating input score 56; 56th percentile among comparable filings
• Officer compensation ratio: 7.8%; rating input score 31; 31st percentile among comparable filings

Growth

• Program expense growth: -1.5% per year; rating input score 0; 7th percentile among comparable filings
• Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
• Asset growth: 9.1% per year; rating input score 100; 61st percentile among comparable filings