MaineHealth

What it reported doing in 2024

Patient CareMaineHealth Services (MaineHealth's parent) is the largest healthcare system in Maine, providing a full range of integrated healthcare services to patients in Maine and New Hampshire. MaineHealth provides healthcare services in a wide range of community-based settings and includes eight hospitals with 1,330 licensed beds, 131 ambulatory sites, 8 emergency room facilities, approximately 1,450 employed physicians, and other ancillary services. (Continued on Schedule O)(Continued from page 2 of 990, Line 4a) MaineHealth operates the following hospitals: MaineHealth Maine Medical Center, MaineHealth Pen Bay Hospital, MaineHealth Waldo Hospital, MaineHealth Lincoln Hospital, MaineHealth Franklin Hospital, MaineHealth Behavioral Health at Spring Harbor, MaineHealth Stephens Hospital, and MaineHealth Mid Coast Hospital. These health system resources offer expertise in multiple disciplines including emergency medicine, surgery, radiology, oncology, behavioral health, and level one trauma. Summary operating metrics for MaineHealth from fiscal year 2025 are included in the table below: Category CountHospital I/P Discharges 60,776 Hospital I/P Days 369,548 Swing Bed Days 4,737 Total Surgeries 70,308 ED Visits 247,548 The following is a summary of MaineHealth Services by hospital division: MaineHealth Maine Medical Center (MHMMC) MaineHealth Maine Medical Center has three campuses located in Portland, Biddeford, and Sanford, with an aggregate of 929 licensed beds. MaineHealth Maine Medical Center Portland (MHMMCP) is Maine's largest referral hospital and the state's only Level 1 trauma medical center, offering various services not available elsewhere in Maine. It is a teaching hospital affiliated with Tufts University School of Medicine. MHMMCP serves as a community hospital for Greater Portland with a present-day complex of more than one million square feet and 750 licensed beds. The hospital provides a wide range of medical and surgical care, intensive and coronary care, as well as obstetrical and pediatric services. In addition, MHMMCP has several specialty services, including: MaineHealth Barbara Bush Children's Hospital (MHBBCH); the Cancer Institute; the Cardiovascular Institute; Emergency Medicine; the Family Birth Center; the Joint Replacement Center; the MaineHealth Institute for Research (MHIR); and the Neuroscience Institute. MHBBCH, which operates as a department of MHMMCP, is Maine's only full-service children's hospital facility, offering family-centered services including specialized medical and surgical treatment of complex illnesses and injuries. MHBBCH uses state-of-the-art technology to provide advanced specialty services and personalized care to children that is responsive to their unique needs. MaineHealth Maine Medical Center Biddeford (MHMMCB) and MaineHealth Maine Medical Center Sanford (MHMMCS) offers a comprehensive array of medical care and services, including: emergency departments in Biddeford and Sanford, Maine; a multi-specialty physician services group providing comprehensive primary and specialty services; non-emergency walk-in care; centers for breast care, sleep disorders as well as wound and ostomy care; behavioral health and a wide range of diagnostic and rehabilitation services. MHMMCB and MHMMCS have approximately 27 physician practices located in Biddeford, Kennebunk, Saco and Sanford.MaineHealth Pen Bay Hospital (MHPBH) MaineHealth Pen Bay Hospital, with 99 licensed beds, provides the people of Mid Coast Maine with a continuum of both routine and specialty patient-centered medical services. Hospital services include an emergency department, obstetrics and infant care, cardiac care, cancer care, behavioral health, and a wide array of medical and specialty services.MaineHealth Waldo Hospital (MHWH)MaineHealth Waldo Hospital serves the healthcare needs of residents in Waldo County, Maine. A community hospital with 25 licensed beds, MHWH is designated as a Critical Access Hospital by the Fe

Financial Efficiency

• Mission deployment rate: 80.8%; rating input score 81
• Program expense ratio: 84.6%; rating input score 85
• Fundraising efficiency: $16.94 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th 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: 99.8%; rating input score 100; 44th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 65.2%; rating input score 65; 18th 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: 4%; rating input score 52; 52nd percentile among comparable filings
• Total-asset coverage ratio: 1.01; rating input score 40; 40th percentile among comparable filings
• Liabilities to assets ratio: 0.37; rating input score 48; 48th percentile among comparable filings
• Officer compensation ratio: 0.3%; rating input score 88; 88th percentile among comparable filings

Growth

• Program expense growth: 14.8% per year; rating input score 100; 87th percentile among comparable filings
• Revenue growth: 12.4% per year; rating input score 100; 84th percentile among comparable filings
• Asset growth: 10.8% per year; rating input score 100; 74th percentile among comparable filings