Parkview Health Foundation

What it reported doing in 2024

Huntington memorial hospital, inc. Is a charitable, not-for-profit, community-owned hospital and member of parkview health system, inc. Since 1995. The 36-bed hospital is 136,532 square feet, along with a 34,396 square-foot medical office building, and sits on a 35-acre campus. It was first established in 1902, and the current facility opened in 2000. Medical staff consists of 345 physicians and 103 advanced practice providers. (see schedule o for continuation)services include: - full-service, 24-hour emergency department with twelve treatment rooms, one trauma bay, and a "safe room" for patients who may be experiencing a behavioral health crisis.- two surgical suites, one endoscopy room, seven pre-/post-op rooms, and three recovery rooms. - medical infusion unit providing outpatient medications, infusions, transfusions, and central line care under the supervision of a dedicated rn. -thirty inpatient rooms, with six constant care rooms with remote-monitoring capability and telehealth available for specialty consults.- family birthing center with six private labor/delivery/recovery/postpartum rooms.- rehabilitation and wellness services including physical, occupational, and speech therapy for adult and pediatric populations, diabetes education, medical nutrition therapy, pediatric feeding program, athletic rehabilitation, hand therapy, dry needling, lymphedema therapy including breast cancer specialists, brain injury specialists with training in vestibular/concussion rehabilitation, pelvic floor rehabilitation, and cardiac and pulmonary rehab. - full-service lab and pharmacy, including an anticoagulation therapy unit clinic for patients taking blood thinners.- a sleep disorders lab offering two patient rooms for overnight, on-site sleep studies and instruction for patients receiving home sleep studies.- an outpatient center for wound healing offering biologic and biosynthetic dressings, growth factor therapies, negative pressure therapy, debridement, and hyperbaric oxygen therapy.- diagnostic imaging services: 3d mammography, 3d and 4d ultrasound, ct scan, mri, nuclear medicine, dexa scan, ekg, eeg, echocardiogram, heartsmart ct scan, smartlung ct scan, and cardiopulmonary procedures, vascular screening, and fluoroscopy.-paramedic ambulance service operated by huntington memorial hospital, inc. For huntington county and surrounding areas.- parkview physicians group specialty and primary care offices are located on site in medical office space adjoining the hospital.- huntington-area residents also have access to additional off-campus medical services through the nearby parkview walk-in clinic, the parkview ortho express walk-in clinic, and various non-parkview specialty medical provider offices in huntington.financial policy: huntington memorial hospital, inc. Is committed to making healthcare accessible to those who need it, regardless of their health status or ability to pay. With our financial assistance, patients can receive the parkview care they expect - no matter what financial obstacles they might face. Our financial assistance services include using fair and consistent billing and collection practices, including charitable care and financial assistance policies and a standard application process; and providing emergency care, regardless of ability to pay.any patient experiencing financial hardship can reach our single billing office to discuss options at 260-266-6700 or toll-free at 855-814-0012. Community benefit: huntington memorial hospital, inc.'s commitment to improving the health and inspiring well-being extends beyond the hospital walls and throughout northeast Indiana. Through parkview's community health improvement (chi) program, huntington memorial hospital, inc. Collaborates with others inside and outside parkview health system, inc. Who share parkview's mission and values. Funded by a percentage of parkview's net operating surplus, chi strategically reinvests dollars into community organizations and initiat

Financial Efficiency

• Mission deployment rate: 70.1%; rating input score 70
• Program expense ratio: 80.7%; rating input score 81
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 84.6%; rating input score 85; 1st 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: 85.9%; rating input score 86; 20th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 58.3%; rating input score 58; 16th 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: 15.3%; rating input score 82; 82nd percentile among comparable filings
• Total-asset coverage ratio: 1.52; rating input score 54; 54th percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 91; 91st percentile among comparable filings
• Officer compensation ratio: 3.1%; rating input score 37; 37th percentile among comparable filings

Growth

• Program expense growth: 4% per year; rating input score 100; 30th percentile among comparable filings
• Revenue growth: 3.1% per year; rating input score 100; 23rd percentile among comparable filings
• Asset growth: 7.7% per year; rating input score 100; 57th percentile among comparable filings