CalvertHealth

What it reported doing in 2024

Calverthealth medical center's mission is to improve the health and well-being of those we serve. The hospital works in partnership with the community to improve the health status of its members. The hospital provides medical services to patients regardless of race, creed, sex, national origin, handicap, age or ability to pay. In fy 2025, the hospital served 5,627 inpatients, 29,831 outpatients and provided 35,384 emergency room visits. In addition to the inpatients served, the hospital also treated 3,637 medical observation patients. For fy 2025, the hospital filed with the state of Maryland a community benefit report that documented $4,105,996 in community benefit provided by calverthealth medical center. The community benefit report is available upon request. All financial surpluses the hospital generates are used exclusively to further the charitable purposes of the organization. The hospital is governed by a community board comprised of civic leaders throughout calvert county who are committed to and represent the healthcare needs of the community. The hospital in fy 2025 provided $4,105,996 in charity care to residents who were unable to pay for those services and met eligibility criteria. The hospital, as a sole community provider, provides essential healthcare services such as obstetrics, psychiatry (both inpatient and outpatient), emergency services, urgent care and long-term care that otherwise would not be provided within calvert county or would have to be provided by the government. Many of these services by their nature are unprofitable services due to their high cost and low reimbursement. These services would not be provided if the hospital did not step in to provide them.

Financial Efficiency

• Mission deployment rate: 83.1%; rating input score 83
• Program expense ratio: 84.3%; rating input score 84
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th 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: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 82.4%; rating input score 82; 30th 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: 1.5%; rating input score 40; 40th percentile among comparable filings
• Total-asset coverage ratio: 0.84; rating input score 33; 33rd percentile among comparable filings
• Liabilities to assets ratio: 0.57; rating input score 31; 31st percentile among comparable filings
• Officer compensation ratio: 3.9%; rating input score 26; 26th percentile among comparable filings

Growth

• Program expense growth: 2.6% per year; rating input score 100; 19th percentile among comparable filings
• Revenue growth: 2.1% per year; rating input score 100; 15th percentile among comparable filings
• Asset growth: 2.6% per year; rating input score 100; 18th percentile among comparable filings