CHRISTUS Health Plan

What it reported doing in 2024

Christus health plan Louisiana is organized and shall be operated exclusively for the charitable, scientific, educational and religious purposes of advancing, promoting and supporting the health care ministries of the sponsoring congregations, the congregation of sisters of charity of the incarnate word, houston, Texas, the congregation of sisters of charity of the incarnate word (san antonio), and the sisters of the holy family of nazareth which operate and are controlled in conformity with the ethical and moral teachings of the roman catholic church, and promoting efficient governance and management, cooperative planning and the sharing of resources among such health care ministries. Christus health plan Louisiana arranges and provides health care services to the health and human services commission ("managed care enrollees"). Without limiting the generality of the foregoing, the corporation's mission shall be to extend the healing ministry of jesus christ, and consistent therewith, shall operate according to the doctrines, resolutions, decrees and ethical principles of the sponsoring congregations and the ethical and religious directives for catholic health services as promulgated and amended from time to time by the united states catholic conference of bishops. It is also a purpose of the corporation to aid, lend financial support and assistance to, and to invest and/or dispose of funds of the corporation and the system participants for the use and benefit of, and in furtherance of the purposes of christus, the system, the corporation, the system participants and the local entities.

Financial Efficiency

• Mission deployment rate: 53.8%; rating input score 54
• Program expense ratio: 72.6%; rating input score 73
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th 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: Limited
• Related-party transparency: Scored; rating input score 0

Accountability

• Independent voting board: 0%; rating input score 0; 4th 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: 22.9%; rating input score 89; 89th percentile among comparable filings
• Total-asset coverage ratio: 1.65; rating input score 57; 57th percentile among comparable filings
• Liabilities to assets ratio: 0.68; rating input score 23; 23rd percentile among comparable filings
• Officer compensation ratio: 1%; rating input score 74; 74th percentile among comparable filings

Growth

• Program expense growth: 45.7% per year; rating input score 100; 98th percentile among comparable filings
• Revenue growth: 52.8% per year; rating input score 100; 99th percentile among comparable filings
• Asset growth: 46.6% per year; rating input score 100; 99th percentile among comparable filings