Burnett Medical Center

What it reported doing in 2024

Hospital: burnett medical center, located in rural northwest Wisconsin is a 17-bed critical access hospital that provides the following services throughout a three-county region: acute care has 50+ employees who also work in or, er, and par. We provide general inpatient medical and surgical care, as well as a large volume of outpatient services which include: op surgery, blood transfusion, iv therapy as examples. All of the rn staff is acls accredited and the entire staff is certified in cpr. The goal of the nursing staff is to provide excellent patient care, close to home, near family and friends.we also provide a full range of services from a 24/7 er to cardiac rehab, and we provide other therapeutic and diagnostic services via radiology, laboratory, physical therapy, and occupational therapy.during fy2025, in a total of 1,098 patient days we served 195 patients in our inpatient and swing bed programs. We performed 324 surgical procedures, saw 3,964 patients in emergency, and provided services for 19,708 other outpatient visits. Gross hospital revenue of $296,965 was provided as charity care to 244 different patients for 862 episodes of care.since june of 2004, burnett medical center has been participating in a program developed by abbott northwestern hospital and the minneapolis heart institute. The level 1 heart attack program is an innovative approach to treating patients suffering from a heart attack. The key ingredient for success is speed in treatment. The goal is to treat and transport patients within 120 minutes, meaning 120 minutes from the time a patient enters the emergency room at burnett medical center until the first balloon is inflated or stent placed at abbott northwestern hospital (abnw).because rural hospitals do not have the capability to do angioplasty, it is important to move a heart attack patient to the nearest hospital that has a heart catheterization lab. The level 1 program has a definite protocol to move these patients quickly during that "golden hour" when angioplasty is the most successful.burnett medical center is one of 30 hospitals in Minnesota and Wisconsin participating in the level 1 program. Clearly, the level 1 program is advantageous to residents of burnett county, knowing that cardiovascular disease is the leading cause of death for men and women in the us. This team approach gives patients the advantage of time which translates to better outcomes and decreased mortality. Burnett medical center's medical and nursing staff have been trained for this program and are prepared and pleased to provide quick access to efficient cardiac care through the level 1 heart attack program.

Financial Efficiency

• Mission deployment rate: 85.8%; rating input score 86
• Program expense ratio: 80.2%; rating input score 80
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • 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: 100%; rating input score 100; 66th 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: -7.4%; rating input score 13; 13th percentile among comparable filings
• Total-asset coverage ratio: 0.71; rating input score 25; 25th percentile among comparable filings
• Liabilities to assets ratio: 0.55; rating input score 25; 25th percentile among comparable filings
• Officer compensation ratio: 6.6%; rating input score 38; 38th percentile among comparable filings

Growth

• Program expense growth: 2.5% per year; rating input score 100; 22nd percentile among comparable filings
• Revenue growth: 2.7% per year; rating input score 100; 23rd percentile among comparable filings
• Asset growth: -0.2% per year; rating input score 0; 10th percentile among comparable filings