Mayo Clinic Health System - Owatonna

What it reported doing in 2015

Patient care (see schedule o): patient care: mayo clinic health system - owatonna (mchs-owatonna) 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 more than 60 communities, mayo clinic health system includes 19 owned hospitals, two 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. As part of the mayo clinic health system, mchs-owatonna is organized and operated as a nonprofit multi-specialty clinic providing health care services at its main clinic facilities in owatonna and faribault, Minnesota. Mchs-owatonna staff includes physicians in a variety of specialty fields including: family medicine, internal medicine, general surgery, obstetrics/gynecology, dermatology, otolaryngology, ophthalmology, orthopedics, pediatrics, plastic & reconstructive surgery, urology, urgent care and emergency medicine. Mchs-owatonna offers comprehensive laboratory, diagnostic, pain management and infusion therapy services like chemotherapy for area cancer patients. Specialty physicians in general surgery, obstetrics, otolaryngology and orthopedic surgery see patients at other area clinics and hospitals providing specialty care and critical on-call support. The hospitals that benefit from this care and on-call support are exempt under section 501(c)(3) of the code, and many are related hospitals in the mayo clinic health system.a team of outreach specialists from mayo clinic see patients locally, providing consultation and care in cardiology, oncology, neurology, nephrology, and dialysis.mchs-owatonna recorded 152,573 primary care visits and 286,782 radiology and lab tests for 2015.charity care: mchs-owatonna provides a variety of financial assistance options to patients who meet established criteria. Services are also provided to both medicare and medicaid patients at substantial discounts from standard fees. The cost of charity care provided during 2015 was approximately $900,000. The cost of uncompensated medicaid for 2015 was approximately $7,607,000. This amount includes mncare tax of $1,301,748 (a program that provides healthcare for low income populations). The unreimbursed cost of medicare was approximately $13,010,000.mchs-owatonna also leases space and provides support services to affiliated organizations to help further their exempt purpose related to patient care.community involvement & education:6 free community health education programs were provided by mchs-owatonna in 2015. Additional programs provided in 2015 include:-have a safe summer program-women's health day-rice and steele county relay for life-sports screenings-orthopedic seminar-on the move community wellness walking programmchs-owatonna physicians provide medical coverage at local high schools sporting events, along with sports screenings to area students at no charge.during 2015, mchs-owatonna made donations totaling over $67,000 to various charitab

Financial Efficiency

• Mission deployment rate: 82.1%; rating input score 82
• Program expense ratio: 87.1%; rating input score 87
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 16th 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: 56.3%; rating input score 56; 11th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 36.4%; rating input score 36; 10th 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: 5.3%; rating input score 63; 63rd percentile among comparable filings
• Total-asset coverage ratio: 0.96; rating input score 39; 39th percentile among comparable filings
• Liabilities to assets ratio: 0.19; rating input score 79; 79th percentile among comparable filings
• Officer compensation ratio: 13.2%; rating input score 1; 1st percentile among comparable filings

Growth

• Program expense growth: -3.7% per year; rating input score 0; 9th percentile among comparable filings
• Revenue growth: 7.3% per year; rating input score 100; 71st percentile among comparable filings
• Asset growth: 10.2% per year; rating input score 100; 78th percentile among comparable filings