Fairbanks Hospital Inc

What it reported doing in 2024

Adult outpatient services program consisting of partial hospitalization (php) and intensive outpatient program (iop). The php program is six to seven hours per day monday through friday and is a multi-disciplinary and group oriented treatment program. The program contains evaluation and education. It allows the patient to experience life on the "outside" while being involved in a very intense level of treatment. For the current year, the hospital had 2,598 php visits.iop is available to those whose addiction is not so severe as to require inpatient or php services. The patients must demonstrate the ability to remain drug-free during the entire treatment course and indicate a willingness to become involved in a 12-step program. Iop patients generally meet for three hours, three times per week. Iop offers education and group therapy. For the current year, the hospital had 11,241 visits.level 1 outpatient - in alignment with the american society for addiction medicine (asam), fairbanks considers patients whose severity of substance use is mild and causes minimal interruption in their functioning as being best suited for level 1 op services. These individuals may present with mild, co-occurring substance abuse and mental health and/or physical health conditions. They may already be receiving services for these other co-occuring conditions, but need more education, support and treatment for issues related to their substance use. Additionally, level 1 may be appropriate for individuals who are not interested in recovery, but are mandated into treatment. They may or may not have completed an education course, but appear to need more than just education as indicated by their use or service history. Individuals who need more than just education to enhance their motivation or to create ambivalence may also benefit from this level of care. At the same time, individuals who are in early recovery and view treatment as potentially helpful and are entering treatment for the first time will benefit from level 1. Patients in this level of care may be receiving medication assisted treatment (mat) services and/or other therapies due to their substance use including patients who need a step down from iop whom the treatment team finds have continued therapeutic needs beyond the support of an aftercare program. For the current year, the hospital had 2,589 adult level 1 visits.

Financial Efficiency

• Mission deployment rate: 73.1%; rating input score 73
• Program expense ratio: 65.1%; rating input score 65
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd 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: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 78.6%; rating input score 79; 15th percentile among comparable filings
• Governance controls: 6 of 9 controls in place; rating input score 67
  • 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: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -12.3%; rating input score 8; 8th percentile among comparable filings
• Total-asset coverage ratio: 0.81; rating input score 29; 29th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 94; 94th percentile among comparable filings
• Officer compensation ratio: 10.6%; rating input score 18; 18th percentile among comparable filings

Growth

• Program expense growth: -0.9% per year; rating input score 0; 8th percentile among comparable filings
• Revenue growth: 0.3% per year; rating input score 100; 9th percentile among comparable filings
• Asset growth: -1% per year; rating input score 0; 8th percentile among comparable filings