Bay Park Community Hospital

What it reported doing in 2024

Bay park community hospital (d/b/a promedica bay park hospital) is part of promedica health system, inc. (promedica), a mission-based, locally owned, nonprofit healthcare organization highly focused on achieving core values. Headquartered in toledo, Ohio, promedica serves 28 states across the country and is one of the nation's leading health systems. Our stewardship of resources has enabled us to wisely invest in patient-centered care, advanced technology, innovative programs and family-oriented facilities that help to ensure patients and area residents have equal access to high-quality, safe care in the most appropriate setting, regardless of patients' ability to pay. Promedica bay park hospital (bph) is located east of the maumee river. Founded in 2001, the 276,000-square-foot facility includes a treatment and diagnostic center for general medical/surgical and critical care services, obstetrics, pediatrics, orthopaedic surgery, laboratory and imaging services, cardiopulmonary services, a center for sleep disorders, an outpatient diabetes program, endoscopy center, and a full-service emergency center. In addition to72 private inpatient beds, bph's campus also includes a professional office building for physician offices, a wound care clinic and outpatient rehabilitation. The campus also includes a cancer and infusion center to provide outpatient infusion services, including chemotherapy. The center includes three private exam rooms and six private infusion bays with enough space and seating for families to keep loved one's company during treatments. In 2024, bph received recognition from the joint commission for outpatient joint replacement excellence award, the pulmonary excellence award, and a center of excellence for joint replacements. Newsweek recognized the hospital's labor, delivery, recovery, and postpartum department with a five-ribbon ranking. Bph is one of five hospitals in Ohio to receive this award. The hospital also began functioning as a level iii trauma center with recognition by the american college of surgeons. In 2024, the hospital served 2,614 inpatients and 128,036 outpatients. Additionally, 22,435 people sought care through bph's emergency center in 2024. The hospital contributed $23,031,000 in community benefit through community benefit expenditures, financial assistance and government-sponsored, means-tested health care. Through community health services, health professional education, subsidized health services, research activities, cash and in-kind contributions, and community benefit operations, bph contributed $3,260,000 to the community during 2024. Included in this amount are the following: stroke risk assessments and education at local community events. Provided blood pressure screenings and self-monitoring education at community events, senior centers, and other community-based locations. Continued to offer the hospital's no cost food clinic and meals at discharge initiatives providing food access to patients screening positive for food insecurity. Continued to offer financial coaching to patients screening positive for financial strain. Provided health literacy education pertaining to chronic diseases and crisis intervention with stop the bleed education. Bph employees supported events including the walk to end alzheimer's, the Oregon schools frost fest, the american heart association heart walk, and the susan g. Komen race for the cure. Bph provided a significant amount of financial assistance to the community during 2024, of which $8,399,000 represented uncompensated amounts for treatment to those patients who did not have the financial resources to pay for hospital services. Financial assistance represents the cost to provide service and does not include the costs for accounts written off to bad debt for patients who do not pay their bills. Bph cost of bad debt for 2024 was $6,664,000. This amount is not included in the community benefit amount of $23,031,000 noted above. Further, bph provi

Financial Efficiency

• Mission deployment rate: 53.3%; rating input score 53
• Program expense ratio: 74.7%; rating input score 75
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: No; rating input score 0

Accountability

• Independent voting board: 75%; rating input score 75; 24th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 28.7%; rating input score 92; 92nd percentile among comparable filings
• Total-asset coverage ratio: 0.58; rating input score 22; 22nd percentile among comparable filings
• Liabilities to assets ratio: 0.25; rating input score 62; 62nd percentile among comparable filings
• Officer compensation ratio: 0.8%; rating input score 77; 77th percentile among comparable filings

Growth

• Program expense growth: 1.9% per year; rating input score 100; 15th percentile among comparable filings
• Revenue growth: 3.8% per year; rating input score 100; 31st percentile among comparable filings
• Asset growth: -5.6% per year; rating input score 0; 2nd percentile among comparable filings