Redeemer Health

What it reported doing in 2024

Holy redeemer hospital is a 239-bed general acute care hospital with a comprehensive roster of outpatient and ambulatory care services. The redeemer health compendium of services includes emergency care, and comprehensive inpatient and outpatient services (cardiology, oncology, orthopedics and rehab, spinal surgery, pulmonary medicine, imaging services, and a sleep disorders center). Our physicians are well known for their expertise and have earned the hospital an outstanding reputation for medical and surgical excellence. As a result of our physicians and staff's commitment to excellence, the following has been accomplished: -excellence in patient safety awarded by the hospital association of Pennsylvania.-hospital safety "a" grade earned from the leapfrog croup twice a year, every year since 2019. -recertification as a primary stroke center until 2026. -blue distinction center award for exceptional care and results for all deliveries by blue cross blue shield. -three-year accreditation from the commission on cancer through our partnership with md anderson cancer center at cooper in qualifying as a comprehensive community cancer program, with 34 quality standards and maintaining levels of excellence in the delivery of comprehensive patient-centered care. -redeemer health's ambulatory surgery center (asc) has been recognized in newsweek's 2024 list of "america's best ambulatory surgery centers.-holy redeemer hospital received the american heart association's get with the guidelines - stroke: gold plus achievement award for its commitment to ensuring stroke patients receive the most appropriate treatment according to nationally recognized, research-based guidelines, ultimately leading to more lives saved and reduced disability.-holy redeemer hospital received the american heart association's target: type 2 diabetes honor roll award. This helps ensure patients with type 2 diabetes, who might be at higher risk for complications, receive the most up-to-date, evidence-based care when hospitalized due to stroke.-redeemer health's support at home has received the distinguished 2023 and 2024 best of home care - leader in -experience awards from hcp, the leading firm in experience management for home care. This is the highest recognition awarded by hcp and is given to select home care businesses that consistently rank among the very best in ten or more quality metrics.-holy redeemer hospital was notified by the hospital and health system association of Pennsylvania (hap) in january, april and again in october that it consistently demonstrates low rates of health care-associated infections, earning an excellence in patient safety recognition.-holy redeemer hospital was reaccredited by both iso 9001 and niaho, signifying the ability to meet or exceed strict criteria concerning consistent service, operational efficiency, and patient safety standards set by the u.s. Centers for medicare and medicaid services.-lafayette and little flower manor all earned 5-star ratings from medicare in the most recent care compare cycle, based on performance in health inspections, staffing and quality.-redeemer health support at home received the distinguished 2023 best of home care - leader in experience award from hcp, the leading firm in experience management for home care.-st. Joseph manor was ranked fourth and little flower manor was ranked second in their categories, in newsweek's "america's best nursing homes" in Pennsylvania.-holy redeemer hospital was named one of the country's 100 great community hospitals by becker's hospital review. Holy redeemer hospital is part of redeemer health, a community-based integrated health care and social services system in montgomery and bucks counties, and northeast philadelphia.the hospital's patient admissions or cases for fy25 were approximately 9,035 for a total patient service day of approximately 48,088. There were approximately 4,404 surgical cases performed, both inpatient and outpatient. Approximately 118,

Financial Efficiency

• Mission deployment rate: 61.1%; rating input score 61
• Program expense ratio: 62.9%; rating input score 63
• Fundraising efficiency: $25.52 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 86.7%; rating input score 87; 1st 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: Scored; rating input score 0
• Grant itemization coverage: 79.1%; rating input score 79; 17th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 92.3%; rating input score 92; 41st 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: 3%; rating input score 47; 47th percentile among comparable filings
• Total-asset coverage ratio: 1.25; rating input score 47; 47th percentile among comparable filings
• Liabilities to assets ratio: 0.56; rating input score 31; 31st percentile among comparable filings
• Officer compensation ratio: 0.9%; rating input score 76; 76th percentile among comparable filings

Growth

• Program expense growth: 3.3% per year; rating input score 100; 24th percentile among comparable filings
• Revenue growth: 2.6% per year; rating input score 100; 18th percentile among comparable filings
• Asset growth: 3.5% per year; rating input score 100; 24th percentile among comparable filings