Augusta Health

What it reported doing in 2024

Augusta health care, inc. Is a 501(c)(3) organization doing business as augusta health. The organization includes a medical center with 255 licensed inpatient beds; an emergency department providing approximately 64,000 visits per year; five urgent care centers treating approximately 64,000 patients; an outpatient pavilion that features state-of-the-art technology for three outpatient centers: the imaging center, surgical center, and breast center; a state of the art cancer center providing tailor-made comprehensive care including medical oncology and radiation oncology; a home health and hospice program serving patients who wish to remain at home during their treatment or final days; a wound healing clinic providing a comprehensive treatment regimen for chronic non-healing wounds; and a skilled nursing unit. The campus of augusta health is designed to provide not only hospital services but community oriented services. The campus includes the hospital proper; a major fitness center; an educational building that houses augusta health educational services; a community building with large conference rooms available to other community organizations; and a behavioral health building for the provision of outpatient psychiatric and substance abuse services. This wide range of facilities helps to support augusta health's vision of providing the community with a full continuum of health and community services. Augusta health is supported by augusta medical group, a 264 employed provider network treating approximately 700,000 people per year. The medical group was established to support the charitable purposes of augusta health care inc. This group enables the greater augusta county, Virginia to benefit from a stable base of physicians in a broad array of specialties the hospital serves. As the sole corporate member of augusta care partners, llc (the "llc"), the llc was organized to provide a network of individual practices of accountable care organization professionals. In 2024, augusta health received the following specialty quality awards: leapfrog hospital safety grade a; acute care hospital antimicrobial stewardship honor roll; cms health equity award; american heart association carolyn boone lewis equity of care award; american college of cardiology heartcare designation; american heart association get with the guidelines gold plus target: stroke honor role; target: type 2 diabetes honor roll; quality-in-sights hospital incentive program (q-hip); health grades america's 50 best hospitals for surgical excellence; health grades america's top 3 joint replacement in state; health grades america's 100 best hospitals for joint replacement; health grades patient safety excellence award; recipient of eight 5-star prc excellence awards. Augusta health's net community benefit for 2024 is estimated to be $22,696,980. This benefit can be categorized as follows: $2,930,241 charity $12,379,544 medicaid $2,215,046 community health services $2,512,739 health professional education $1,950,659 subsidized health services $149,563 research $559,188 cash & in-kind contributions

Financial Efficiency

• Mission deployment rate: 74.1%; rating input score 74
• Program expense ratio: 87.5%; rating input score 88
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 21st percentile among comparable filings
• Pay-setting controls: 6 of 6 controls in place; rating input score 100
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: 67%; rating input score 67; 14th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 86.7%; rating input score 87; 33rd 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: 17.1%; rating input score 85; 85th percentile among comparable filings
• Total-asset coverage ratio: 2.69; rating input score 73; 73rd percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 89; 89th percentile among comparable filings
• Officer compensation ratio: 2.1%; rating input score 55; 55th percentile among comparable filings

Growth

• Program expense growth: 6% per year; rating input score 100; 49th percentile among comparable filings
• Revenue growth: 5.1% per year; rating input score 100; 43rd percentile among comparable filings
• Asset growth: 8.3% per year; rating input score 100; 60th percentile among comparable filings