Holzer Hospital Foundation

What it reported doing in 2024

The hospital accepts all patients regardless of their ability to pay. A patient is classified as a charity patient by reference to certain established policies of the hospital. In assessing a patient's inability to pay, the hospital compares incurred charges with generally recognized poverty income levels and the patient's financial resources. Because the hospital does not expect to receive payment for amounts determined to qualify as charity care, these amounts are not reported as net patient service revenues. Consistent with its mission, the hospital provides community services intended to benefit the underserved and enhance the health status of the community. The hospital operates a 24 hour per day, 7 day per week emergency room providing care to all patients. The hospital operates holzer hospice.continuing education, certification programs, and informational seminars are conducted for both hospital and medical staff. Health fairs are conducted at no charge. Additionally, the hospital's mobile unit is taken to community events to perform free screenings, and dispense educational materials. Hospital staff also responds to requests from employers and community groups, along with senior citizen centers, for screenings and informational programs. Educational support groups, such as diabetes and cancer, and an educational group meeting for strokes, are sponsored by the hospital. The hospital's meeting rooms are made available to organizations at no charge for health-related programming and meetings. Additionally, civic and professional organizations are invited to the hospital regularly for programs that are educational and informational on health care services as developed.speakers from the hospital staff are available and respond to speaking invitations for groups and organizations in the hospital's service area. The hospital offers many services to the community at nominal or no charge, including blood pressure and blood sugar screenings, cholesterol checks, hemoglobin, pulse oximetry, prostate checks, bone density, and tumor registry. The pediatric unit works in conjunction with the gallia county health department in promoting free immunizations. Assistance is also provided to senior citizens and other patients and their families with the submissions of forms for insurance, financial counseling, and application to the medicare and medicaid programs for health service coverage. Costs associated with these programs are included in the hospital's expenses.

Financial Efficiency

• Mission deployment rate: 81.6%; rating input score 82
• Program expense ratio: 93.2%; rating input score 93
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 91.7%; rating input score 92; 8th 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: Limited
• Related-party transparency: No; rating input score 0

Accountability

• Independent voting board: 12.5%; rating input score 12; 9th 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: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 12.1%; rating input score 77; 77th percentile among comparable filings
• Total-asset coverage ratio: 0.58; rating input score 22; 22nd percentile among comparable filings
• Liabilities to assets ratio: 0.46; rating input score 39; 39th percentile among comparable filings
• Officer compensation ratio: 0.5%; rating input score 85; 85th percentile among comparable filings

Growth

• Program expense growth: 4.1% per year; rating input score 100; 31st percentile among comparable filings
• Revenue growth: 4.7% per year; rating input score 100; 39th percentile among comparable filings
• Asset growth: 3.8% per year; rating input score 100; 26th percentile among comparable filings