Holy Name Medical Center

Overview

Mission

Holy Name provides care for the body, mind, and soul—healing infused with faith, conviction, compassion—with a commitment to educating the next generation of healthcare professionals through graduate medical education, a Pharmacy Residency Program, and its Institute for Simulation Learning. Holy Name is New Jersey's only independent Catholic health system, comprising a 361-bed acute care hospital, a renowned cancer center, a state-of-the-art fitness center, a residential hospice, a prestigious nursing school, and an extensive physician network. Healing at Holy Name goes beyond medicine and technology – it is infused with faith, conviction, compassion, and a commitment to educating the next generation of healthcare professionals through graduate medical education, a Pharmacy Residency Program, and our Institute for Simulation Learning. Our mission to provide care for the body, mind...

Operating model

Revenue model

Earned-program. 96% of the money available for current operations came from fees and other program revenue.

Distribution model

Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.

Rating breakdown

• Financial Efficiency: 77
• Transparency & Controls: 78
• Accountability: 85
• Sustainability: 35
• Growth: 100

Detailed rating inputs

Details

• What they do: 4 programs and campaigns described on the official site · 1 operating location identified
• Where the money goes: 87% of revenue deployed · 87.1% of spending went to programs
• Governance: 14 of 19 board members independent · 9 of 9 filing controls reported
• Programs: 3 filed program accomplishments · $520.9M in reported program spending
• Leadership: top reported pay $2.5M · 32 people listed · 5 of 6 pay-setting controls reported
• Highest-paid contractors: 5 contractors listed · $22.9M reported
• Consistency: 36 of 37 current checks pass · 1 finding to review
• Schedules: 12 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
• Filing history: 14 filing years from 2010 to 2024
• Contacts: How to reach this organization
• Money network: 22 filed money-flow records
• Related organizations: 34 filed related-organization links
• Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
• People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

• High — Transparency & Controls: Foreign activity oversight scored 0/100.
• High — Sustainability: Operating margin scored 26/100.
• Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
• Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
• Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
• Review — Sustainability: Officer compensation ratio scored 59/100.