Indiana University Health

What it reported doing in 2024

Net patient service revenue: Indiana university health, inc. ("iu health") is an academic health center comprised of iu health methodist hospital, iu health university hospital, and riley hospital for children at iu health (together referred to as "iu health academic health center"), iu health saxony hospital, and iu health morgan. It also offers pharmacy, home care, outpatient, and emergency transport services throughout the central Indiana area. Iu health incorporates a unique partnership with Indiana university school of medicine ("iu school of medicine"), one of the nation's leading medical schools, to give patients access to innovative treatments and therapies, all without regard to their ability to pay. Iu health is also the parent organization of the iu health system, Indiana's most comprehensive health care system. Iu health methodist and iu health university hospitals iu health methodist and iu health university hospitals, located in indianapolis, Indiana, are a 1,025-bed adult academic health center in partnership with the iu school of medicine. Iu health methodist hospital and iu health university hospital are designated as magnet hospitals, recognized for excellence in nursing services and high-quality clinical outcomes for patients. Iu health university hospital is a leading academic medical center with a commitment to disseminating research findings while improving the quality of life for people on a local, regional, national and international basis. Iu health methodist hospital and iu health university hospital both serve an adult population. These hospitals lead the way in community benefit initiatives. A substantial piece of community benefit is providing excellent care to patients, regardless of their ability to pay. Riley hospital for children at iu health riley hospital for children at iu health, located in indianapolis, Indiana, is a 276-bed children's hospital that is Indiana's largest and most comprehensive pediatric hospital. It is regularly ranked among the top children's hospitals in the county by u.s. News & world report's best children's hospitals. In addition to clinical expertise, riley hospital for children at iu health's partnership with the iu school of medicine ensures that patients have access to the most innovative treatments and the latest research and technology. Riley hospital for children at iu health provides comprehensive, family-centered care to more than 250,000 children annually through its statewide primary and specialty care offices, and inpatient and outpatient services at its flagship hospital. Pediatric patients and their families travel from all 92 Indiana counties, the region and the world to access the nationally recognized clinical programs of riley hospital for children at iu health. Riley hospital for children at iu health is also designated as a magnet hospital, recognized for excellence in nursing services and high-quality clinical outcomes for patients. Iu health saxony hospital iu health saxony hospital, located in fishers, Indiana, is a 32-bed specialty care hospital primarily focusing on surgical services for cardiovascular and orthopedics. It opened in 2011 and includes six operating rooms, a full emergency department, a helipad for medical transport and a medical office complex. Iu health saxony hospital is also home to the Indiana university health hip and knee center. Here, the team of fellowship trained surgeons perform more hip and knee replacements than any other iu health facility in the state. Iu health morgan iu health morgan, an outpatient department of the iu health academic health center located in martinsville, Indiana, offers coverage in adult and pediatric care; specialty care; emergency and urgent care; diagnostic imaging including 3d mammography; lab testing; outpatient surgical services; cancer care, including medical and radiation oncology; cardiac, physical, speech and occupational therapies; sleep lab; and community health and wellness, includi

Financial Efficiency

• Mission deployment rate: 87.1%; rating input score 87
• Program expense ratio: 95.3%; rating input score 95
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 17th percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: 74.8%; rating input score 75; 16th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 86.7%; rating input score 87; 33rd 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: 12%; rating input score 77; 77th percentile among comparable filings
• Total-asset coverage ratio: 2.39; rating input score 69; 69th percentile among comparable filings
• Liabilities to assets ratio: 0.41; rating input score 44; 44th percentile among comparable filings
• Officer compensation ratio: 0.4%; rating input score 86; 86th percentile among comparable filings

Growth

• Program expense growth: 9.2% per year; rating input score 100; 71st percentile among comparable filings
• Revenue growth: 6.2% per year; rating input score 100; 54th percentile among comparable filings
• Asset growth: 7.8% per year; rating input score 100; 58th percentile among comparable filings