Mayo Clinic Health System

What it reported doing in 2014

Patient care (schedule o)mayo clinic health system-northland, inc. (mchs-northland) is a member of the mayo clinic health system. Mayo clinic health system is a family of clinics, hospitals and health care facilities serving communities in Minnesota, Iowa, Wisconsin and Georgia. As part of mayo clinic, the health system offers care designed for the whole body close to the patient's home, when they need it. A multidisciplinary team of experts has ready access to knowledge, resources, and expertise of mayo clinic and collaborates on providing exactly the care the patient needs. Mayo clinic health system sites employ approximately 1,000 physicians and 15,000 allied health staff. In addition, mayo clinic physicians from multiple specialties regularly see patients at health system facilities. Besides having health care facilities in nearly 70 communities, mayo clinic health system includes 19 owned hospitals, five owned nursing homes, physician service agreements with one additional hospital, and contract management agreements with two additional hospitals and one nursing home. Since its inception in 1992, mayo clinic health system has grown into one of the most successful regional health care systems in the united states. More than 600,000 unique patients account for more than 2.6 million visits annually in mayo clinic health system. It is also a national leader in quality and safety efforts.mchs-northland is a Wisconsin nonprofit corporation, tax exempt as an organization described in section 501(c)(3) of the internal revenue code. The corporation, which includes a hospital, clinics, a nursing home and a residential care apartment complex, operates primarily for the residents of barron, Wisconsin and surrounding communities.mchs-northland's mission statement states that the organization's aim is to inspire hope and contribute to health and well-being by providing the best care to every patient through integrated clinical practice, education and research. Our vision is to achieve the highest standards for medical care and health improvement in the communities in which we live and work. Our first priority is to meet patient needs guided by the core values of integrity, continuous improvement, service, teamwork, innovation, balance and financial integrity. As a member of mayo clinic health system, mchs-northland provides quality healthcare close to home with direct access to highly specialized care if the need arises. Mchs-northland operates on a nondiscriminatory basis, regardless of race, color, sex, religion or national origin.the hospital plays a vital role in the health and well-being of the community by offering services such as five clinic locations, 24-hour emergency care, same day surgery, family centered maternity care, ob/gyn services, pediatric care, pain clinic services and advanced diagnostic technology. The hospital had 887 admissions including adults, children, newborn and swing bed admissions. There were over 62,472 clinic encounters. There were 1,385 surgical cases in 2014, along with 149,822 laboratory procedures and 20,918 imaging procedures performed in the hospital during 2014.each resident of the nursing home receives personalized medical, social and spiritual care. The focus is on preserving the lifestyle of each resident with 24-hour nursing care, social services, activity therapy, dietary services, chaplain services and rehabilitation therapy. There were 6,488 days of service in the nursing home during 2014.maplecroft independent & assisted living is a registered residential care apartment complex (rcac), offering independent apartments, and if needed, up to 28 hours per week of personal care, supportive care and nursing services tailored to the needs and preferences of each individual. Additional amenities include an emergency call system, weekly housekeeping services, laundry facilities and daily noon meals. There were 8 admissions to the retirement community during 2014, with 10,010 days of service.the a

Financial Efficiency

• Mission deployment rate: 94.1%; rating input score 94
• Program expense ratio: 97.1%; rating input score 97
• Fundraising efficiency: $49.46 raised per $1 spent on fundraising; rating input score 84; 84th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 15th 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: 62.2%; rating input score 62; 13th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 45.5%; rating input score 45; 11th 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: 2.5%; rating input score 42; 42nd percentile among comparable filings
• Total-asset coverage ratio: 0.97; rating input score 39; 39th percentile among comparable filings
• Liabilities to assets ratio: 0.28; rating input score 67; 67th percentile among comparable filings
• Officer compensation ratio: 3.2%; rating input score 30; 30th percentile among comparable filings

Growth

• Program expense growth: 3.4% per year; rating input score 100; 43rd percentile among comparable filings
• Revenue growth: 4.5% per year; rating input score 100; 50th percentile among comparable filings
• Asset growth: 11.3% per year; rating input score 100; 80th percentile among comparable filings