Geisinger

What it reported doing in 2024

I. General information geisinger medical center muncy (gmcm), a 501(c )(3) not-for-profit corporation and member of geisinger, owns and operates a 20-bed acute care hospital in muncy, pa. Gmcm is conveniently located at the intersection of interstate 180 and pa route 220. The facility opened in 2022. Gmcm is making better health easier for lycoming county and the surrounding area. In addition to being a full-service hospital, the new facility brings care closer to home by centralizing services, lessening travel time for patients living in lycoming, sullivan, clinton, and tioga counties who went to larger medical facilities for their care. Ii. Major program services services offered on the geisinger medical center muncy campus -emergency medicine -acute inpatient care -surgical services -adult and pediatric primary care -adult and pediatric physical, occupational & speech therapy -allergy -dermatology -imaging -laboratory -infusions -medication therapy management -pharmacy -specialty clinics including: -cardiology -hematology and oncology -gastroenterology -orthopaedics -ophthalmology -podiatry -pulmonary services -surgery -women's health services -telemedicine -urology iii. Program service accomplishments uncompensated care gmcm recognizes that its mission is to serve all the members of the community with respect to the provision of healthcare services and healthcare education. Gmcm provides quality medical healthcare regardless of race, religion, ethnicity, sexual orientation, gender identity, handicap, age or ability to pay. In this regard, gmcm 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 gmcm practices. A. Charity care the primary concern of gmcm 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 gmcm incurred by providing free or discounted services to those who could not afford to pay. For the period ended january 31, 2025, the cost of charity care was $162,032. B. Medicare/medicaid and other governmental programs recognizing its mission to the community, services to the elderly (medicare) and the indigent (medicaid). Gmcm provides care, below cost, to persons covered by these governmental programs to the extent the government reimbursement is below the cost of providing health care. The unreimbursed value of medicare and/or medicaid is equal to the cost of providing services less the amount received as reimbursement under the program. The cost of providing healthcare services to medicare, medicaid and other governmental patients exceeded reimbursement by approximately $1,231,153 during the period ended january 31, 2025. Iv. Community benefits summary charity care $162,032 medicare/medicaid/other governmental $1,231,153 total $1,393,185 vi. Statistical summary for the month of january 2025 discharges 156 patient days 451 total or cases 138 outpatient emergency room visits 1,635 beds 20

Financial Efficiency

• Mission deployment rate: 94.4%; rating input score 94
• Program expense ratio: 92.3%; rating input score 92
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd 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: Scored; rating input score 0

Accountability

• Independent voting board: 0%; rating input score 0; 3rd 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: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -2.2%; rating input score 26; 26th percentile among comparable filings
• Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
• Liabilities to assets ratio: Limited
• Officer compensation ratio: 0.8%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: -55.1% per year; rating input score 0; 0th percentile among comparable filings
• Revenue growth: -44.6% per year; rating input score 0; 0th percentile among comparable filings
• Asset growth: -74.1% per year; rating input score 0; 0th percentile among comparable filings