Geisinger

What it reported doing in 2024

In april 2025, outpatient services in general surgery, infectious diseases, neurosurgery, plastic surgery, pre-surgical testing, pulmonary medicine, pulmonary function lab, rheumatology, sleep medicine, and trauma surgery moved out of gcmc's first-floor multi-specialty clinic to geisinger's facility at 3 w. Olive street in scranton. That shift enabled work to begin on expanding the hospital's emergency department, which targets an addition of 26 emergency medicine treatment areas at gcmc. Work is also currently underway to add 13 new postpartum beds to the medical center and an additional endoscopy suite. Awards and recognitions in 2024 -geisinger hospitals rated above the national average in leapfrog hospital safety grade geisinger hospitals recognized for maternal healthcare -three geisinger hospitals recognized as 'high-performing' by u.s. News & world report -geisinger hospitals awarded gold, platinum statuses for promoting a culture of health through food -geisinger hospitals receive multiple national recognitions for heart care -geisinger community medical center earns excellence in patient safety recognition iii. Program service accomplishments uncompensated care: gcmc recognizes that its mission is to serve all the members of the community with respect to the provision of healthcare services and healthcare education. Gcmc provides quality medical healthcare regardless of race, religion, ethnicity, sexual orientation, gender identity, handicap, age or ability to pay. In this regard, gcmc provides free care or subsidized care, to persons covered by governmental programs at or below cost and provides various health activities and programs in support of the communities where gcmc practices. A. Charity care the primary concern of gcmc is the delivery of health care to all the citizens of northeastern Pennsylvania, regardless of their ability to pay. The unreimbursed cost of charity care represents the cost gcmc incurs by providing free or discounted services to those who cannot afford to pay. The cost to gcmc of providing this charity care during the year ended december 31, 2024 was $4,728,051. B. Medicare/medicaid/other governmental recognizing its mission to the community, services are provided to the elderly (medicare) and the poor (medicaid). Gcmc provides care below cost to persons covered by these governmental programs. To the extent reimbursement is below the cost of providing healthcare, gcmc is furthering its charitable mission. The unreimbursed value of medicare, medicaid and other governmental payers is equal to the cost of providing services less the amount received as reimbursement under the program. For the year ended december 31, 2024, the unreimbursed cost of providing care to these patients was $69,240,621. Residency, fellowship, and allied health programs: gcmc hosts the region's only podiatric residency program and is an accredited provider of podiatric medicine and surgery education by the council of podiatric medical education. Gcmc also has an affiliation with the wright center for graduate medical education. The wright center is an accredited provider of internal medicine and cardiovascular disease fellowships. It is accredited by the accreditation council for graduate medical education. The uncompensated costs for graduate medical education totaled $3,868,625. Community health education and outreach: gcmc provides a variety of health education and outreach programs to the community. The intent of these programs is to improve the health of the community and provide for community health needs. Gcmc's cost of the stop the bleed educational outreach during 2024 was $21,391. Health care support services: gcmc supports the healthcare of the community by offering services, such as supplies and medication or sexual assault victims. Gcmc also assists discharged patients that don't have and can't afford transportation home by hiring a taxi or providing a wheelchair van to those individuals in need. The uncompe

Financial Efficiency

• Mission deployment rate: 85.4%; rating input score 85
• Program expense ratio: 93.9%; rating input score 94
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 17th 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: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Scored; rating input score 0

Accountability

• Independent voting board: 57.1%; rating input score 57; 15th 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: 9.2%; rating input score 71; 71st percentile among comparable filings
• Total-asset coverage ratio: 0.88; rating input score 35; 35th percentile among comparable filings
• Liabilities to assets ratio: 0.51; rating input score 36; 36th percentile among comparable filings
• Officer compensation ratio: 2.1%; rating input score 54; 54th percentile among comparable filings

Growth

• Program expense growth: 9.6% per year; rating input score 100; 73rd percentile among comparable filings
• Revenue growth: 8.7% per year; rating input score 100; 71st percentile among comparable filings
• Asset growth: 9% per year; rating input score 100; 65th percentile among comparable filings