Holzer Medical Center - Jackson

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. Continuing education, certification programs and informational seminars are conducted for both hospital and medical staff. Health fairs for the community are conducted at no charge. Hospital staff also responds to requests from employers and community groups, along with senior citizens centers, for screenings and informational programs.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, pulse oximetry, prostrate checks and bone density. 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: 72.8%; rating input score 73
• Program expense ratio: 95.2%; rating input score 95
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 91.7%; rating input score 92; 6th 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: 14.3%; rating input score 14; 6th 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: 23.5%; rating input score 85; 85th percentile among comparable filings
• Total-asset coverage ratio: 0.96; rating input score 35; 35th percentile among comparable filings
• Liabilities to assets ratio: 1.09; rating input score 4; 4th percentile among comparable filings
• Officer compensation ratio: 5.3%; rating input score 48; 48th percentile among comparable filings

Growth

• Program expense growth: -0.9% per year; rating input score 0; 8th percentile among comparable filings
• Revenue growth: -1.6% per year; rating input score 0; 5th percentile among comparable filings
• Asset growth: -0.4% per year; rating input score 0; 9th percentile among comparable filings