Cedars-Sinai Marina Hospital

What it reported doing in 2024

Cedars-sinai marina hospital ("the hospital")is a 103-bed nonprofit hospital. The hospital is fully accredited with the joint commission (tjc), a nationally recognized organization providing the highest standards for safety and quality of care. The hospital has the following inpatient and outpatient services: - 24-hour emergency services- telemedicine stroke program in the emergency room- telepsych services in the emergency room- intensive care unit- telemetry/medical surgical units (cardiac monitored beds)(see schedule o for continuation)(continued from page 2)- inpatient and outpatient diagnostic services (lab, imaging, gi, cardiology)- outpatient spine clinic (the marina spine center)- minimally invasive surgical services (for hernia, appendectomy, gall bladder, colon, anti-reflux, weight management, spine, total hip, total knee cases), utilizing the da vinci robot and the mako stryker ortho robot.hospital statistics: employees: 696 fte physicians with hospital privileges: 292surgeons with hospital privileges: 243number of surgeries annually: 4,164number of er visits annually: 41,625payor % - medicare and medicare managed care: 46.9%, medi-cal and medical managed care: 16.8%, commercial: 30%, self-pay and other: 6.3%hospital operations: continued enhancements to the reporting capabilities of the electronic medical records system, including upgraded technology and reporting capabilities, have improved the ability of physicians and clinical staff to view prior visit records, enhanced patient safety via alerts, increased data analysis, and decreased the amount of labor for scanning of paper documents and analysis of data.community support and engagement highlights:- the marina spine center is a nationally recognized outpatient care center offering comprehensive spine services, from evaluation and diagnosis to surgery and rehabilitation.- the hospital has established key partnerships with local organizations to reduce health disparities, improve access to care, and food insecurity, and promotion of overall health and well-being for vulnerable members of our community.- hospital leadership engages with the community in a variety of ways on a consistent basis. Facility staff represents the hospital at the following local community events and collaboratives listed below. *playa vista sunrise rotary club *mar vista family center *airport marina counseling *venice boys and girls club *mar vista boys and girls club *venice family clinic *the people concern (formerly opcc) *st. Joseph center - ces (coordinated entry system) *bread & roses cafe *lax coastal chamber of commerce- the hospital adopts families during the holiday season through several of the above agencies and hospital leadership actively participates in other fund-raising community events through both monetary and employee support.- the hospital provides free community flu clinics, stroke prevention education, and helps fund community gardens for a local boys & girls club.program accomplishments/development:- the hospital obtained the american heart/american stroke association and the dnv healthcare USA primary stroke center certification in 2023.- specialty physicians are rotating through a clinic adjacent to the hospital to cover specialties not previously offered at the hospital. Services provided include ent, gyn, cardiology, gi, and neurology, making follow-up appointments easier for patients who have been seen as inpatients in the hospital. This also helps reduce readmissions.- the hospital has also participated in the bridge navigator program in collaboration with the California department of health care services. This program provides grant funding to support the emergency department of the hospital to become a primary access point for the treatment of substance abuse disorders and co-occurring mental health conditions. This program, which started in the summer of 2022, has been running successful since and received additional grant funding through fiscal year 202

Financial Efficiency

• Mission deployment rate: 93.3%; rating input score 93
• Program expense ratio: 88.3%; rating input score 88
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 84.6%; rating input score 85; 1st 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: 99.2%; rating input score 99; 38th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 60%; rating input score 60; 16th 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: -5.6%; rating input score 12; 12th percentile among comparable filings
• Total-asset coverage ratio: 0.98; rating input score 39; 39th percentile among comparable filings
• Liabilities to assets ratio: 0.71; rating input score 21; 21st percentile among comparable filings
• Officer compensation ratio: 3%; rating input score 37; 37th percentile among comparable filings

Growth

• Program expense growth: 8.6% per year; rating input score 100; 67th percentile among comparable filings
• Revenue growth: 5.3% per year; rating input score 100; 46th percentile among comparable filings
• Asset growth: 10.3% per year; rating input score 100; 71st percentile among comparable filings