Carle Health Methodist Hospital

What it reported doing in 2024

Health-care services methodist medical center of Illinois is an important element of the healthcare delivery system that the central Illinois communities rely on. It is committed to providing quality healthcare and to using its resources to the greatest community benefit. Methodist medical center of Illinois is a 345-bed facility in peoria, il and provides inpatient and outpatient medical services to treat individuals with diseases, illnesses, and injuries with varying complexities. It provides services to improve the health of patients and to better their quality of life. All services are provided regardless of an individual's race, creed, sex, nationality, handicap, age, or ability to compensate for services rendered. These include, but are not limited to, general acute care, surgeries, home health, intensive care, critical care, mental health care, cardiology, oncology, rehabilitation, skilled nursing, behavioral disorder programs, maternal/child care, laboratory, palliative care, pharmaceutical drugs, emergency services, outpatient clinics, check-ups, and radiology. Some of the services provided do not generate enough profit to offset their cost. In the fiscal period ended december 31, 2024, methodist medical center of Illinois admitted 13,316 patients resulting in a total of 75,803 patient days. Outpatient visits totaled 313,207 and total outpatient surgery registrations for the same period were 6,811. There were also 33,661 emergency room visits and 1,586 babies delivered. Methodist medical center also opened the trillium place young minds center which provides inpatient and outpatient counseling and psychiatry services for children and adolescents in the greater peoria area. Methodist medical center also operates methodist college, a four-year, private, not-for-profit college accredited by the higher learning commission, commission on accreditation of the council on social work education, and commision on accreditation of allied health education programs for the medical assistant certification program. Methodist college offers baccalaureate and master's opportunities in nursing, health science, and social work, bachelor's degree programs, and education opportunities for medical and nursing assistants. 485 students were enrolled during calendar year 2024. The college achieved a 96% pass rate for its baccalaureate students and 100% for its graduate students on the national council licensure (nclex) exam. Data from the national council of state boards of nursing shows the average nclex pass rate in Illinois at 85%. 75% of students enter a career in their field of study within 6 months of graduation.

Financial Efficiency

• Mission deployment rate: 97.6%; rating input score 98
• Program expense ratio: 88.1%; rating input score 88
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 80%; rating input score 80; 28th 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: -11%; rating input score 7; 7th percentile among comparable filings
• Total-asset coverage ratio: 0.5; rating input score 18; 18th percentile among comparable filings
• Liabilities to assets ratio: 1.03; rating input score 6; 6th percentile among comparable filings
• Officer compensation ratio: 2.2%; rating input score 51; 51st percentile among comparable filings

Growth

• Program expense growth: 4.1% per year; rating input score 100; 31st percentile among comparable filings
• Revenue growth: 2% per year; rating input score 100; 14th percentile among comparable filings
• Asset growth: 0.3% per year; rating input score 100; 8th percentile among comparable filings