Geisinger

What it reported doing in 2024

Form 990, part iii, line 4a - first accomplishment i. General information geisinger jersey shore hospital (gjsh), a rural healthcare facility and dedicated critical access hospital and member of geisinger, owns and operates a 25-bed acute care hospital in jersey shore, pa. Gjsh is located less than 1 mile from pa route 220. The facility opened in the early 1900s as a private hospital and joined geisinger health system in 2017. The hospital provides an environment of care that is compassionate, highly personalized, and focused on the physical, psycho-social, and spiritual needs of its patients by utilizing skilled nurses, physicians, technical and support staff, management, and community leaders. The hospital also provides health education programs in prevention and related support services to the community with the goal of improving the overall wellness of the community. Ii. Major program services services offered on the geisinger jersey shore campus . Emergency medicine . Acute inpatient care . Post-acute swing bed care . Surgical services . Adult and pediatric physical, occupational & speech therapy . Cardiac rehabilitation . Cardiac stress testing . Cardiology . Endoscopy services . Family medicine . Gastroenterology . General surgery . Imaging . Infusions . Laboratory . Maternal fetal medicine ultrasound . Orthopedics . Podiatry . Pulmonary function testing . Pulmonary rehabilitation . Urology iii. Program service accomplishments uncompensated care gjsh recognizes that its mission is to serve all the members of the community with respect to the provision of healthcare services and healthcare education. Gjsh provides quality medical healthcare regardless of race, religion, ethnicity, sexual orientation, gender identity, handicap, age or ability to pay. In this regard, gjsh 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 gjsh practices. A. Charity care the primary concern of gjsh is the delivery of health care to all the citizens in its Pennsylvania service area, regardless of their ability to pay. The unreimbursed cost of charity care represents the cost gjsh incurred by providing free or discounted services to those who could not afford to pay. For the year ended december 31, 2024, the cost of charity care was $605,160. B. Medicare/medicaid recognizing its mission to the community, services are provided to the elderly (medicare) and the poor (medicaid). Gjsh provides care, below cost, to persons covered by these governmental programs. To the extent reimbursement is below the cost of providing healthcare, gjsh is furthering its mission to the entire community. The unreimbursed value of medicare and/or medicaid is equal to the cost of providing services less the amount of reimbursement received under the program. For the year ended december 31, 2024, the unreimbursed value of providing care to these patients was $6,126,076. Iv. Community health, education, and outreach gjsh strives to be a valuable resource for the community and its residents. Gjsh provides reduced-price services and free programs throughout the year that serve community health needs. These services and programs include community based clinical health screenings, community health education, and other unique services. A. Health care education and support activities gjsh provided stroke education and prevention education at a cost of $2,431 and transportation for indigent patients at a cost of $78,728. B. Health professions education in addition to supporting residency and fellowship programs, gjsh provided $337,290 in supervision of nursing, advanced practice and pharmacy students completing rotations as part of their studies during the year ended december 31, 2024. V. Community benefits summary charity care $ 605,160 medicare/medicaid/other governmental 6,126,076 community health, education, and outreach 418,449 total $

Financial Efficiency

• Mission deployment rate: 77.3%; rating input score 77
• Program expense ratio: 93.7%; rating input score 94
• 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: Limited
• Related-party transparency: Yes; rating input score 100

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: 17.5%; rating input score 85; 85th percentile among comparable filings
• Total-asset coverage ratio: 0.8; rating input score 32; 32nd percentile among comparable filings
• Liabilities to assets ratio: 0.84; rating input score 15; 15th percentile among comparable filings
• Officer compensation ratio: 21.7%; rating input score 0; 0th percentile among comparable filings

Growth

• Program expense growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings
• Revenue growth: 3.4% per year; rating input score 100; 26th percentile among comparable filings
• Asset growth: 1% per year; rating input score 100; 10th percentile among comparable filings