Laureate Psychiatric Clinic and Hospital

What it reported doing in 2024

Laureate Psychiatric Clinic and Hospital, Inc. is a member of Saint Francis Health System, Inc. The Saint Francis Health System, Inc. is a Catholic, not-for-profit health system whose mission is to extend the presence and healing ministry of Christ in all we do. Laureate Psychiatric Clinic and Hospital, Inc.'s accomplishments include individual physicians providing inpatient/outpatient services. Laureate Psychiatric Clinic and Hospital, Inc. provides evaluation and medicine management through use of physician, nurse practitioner, and physician assistant providers. Annually, Laureate Psychiatric Clinic and Hospital, Inc. admits approximately 3,152 patients and provides 60,000 outpatient visits for psychiatric services. Recognition: Laureate Psychiatric Clinic and Hospital was recognized as an award winner by the National Healthcare Research Firm Professional Research Consultants, Inc. (PRC) based on performance in FY2025. These competitive national awards recognize organizations who achieve excellence throughout the year by improving patient experiences based on surveys of their patients. Laureate Psychiatric Clinic and Hospital received a top performer award for its intensive outpatient program. The top performer award recognizes outpatient service lines, inpatient units, and outpatient clinics that score at or above the 100th percentile compared to PRC's national client database. Laureate also won three five-star awards (scores in the top ten percent of the country based on PRC's comparative database) for the following programs: the inpatient adult and crisis stabilization units, as well as five-star recognition for the adult inpatient behavioral health program as a whole.

Financial Efficiency

• Mission deployment rate: 75%; rating input score 75
• Program expense ratio: 77.1%; rating input score 77
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th 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: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 77.8%; rating input score 78; 26th 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: 2.3%; rating input score 44; 44th percentile among comparable filings
• Total-asset coverage ratio: 2.32; rating input score 68; 68th percentile among comparable filings
• Liabilities to assets ratio: 0.1; rating input score 83; 83rd percentile among comparable filings
• Officer compensation ratio: 6.5%; rating input score 9; 9th percentile among comparable filings

Growth

• Program expense growth: 3.2% per year; rating input score 100; 24th percentile among comparable filings
• Revenue growth: 3.3% per year; rating input score 100; 25th percentile among comparable filings
• Asset growth: 6.8% per year; rating input score 100; 50th percentile among comparable filings