Miami Jewish Health

What it reported doing in 2024

Miami jewish health systems, inc. (mjhs) provides skilled nursing, long-term care, residential and community-based services to the elderly and others who would benefit. Since its inception, the organization has expanded to include a number of affiliated entities, organized to provide an array of additional programs, such as assistive housing, outpatient services, and community-based programs. These programs offer alternatives to institutionalization, as well as research, education, and training in areas primarily focused on care for the elderly. Across all programs, there were 108,902 patient days in the current year. See schedule o for additional information healthcare - miami jewish health systems, inc. Is a 494-bed facility providing a full range of healthcare services to the elderly. These include its 462-bed nursing home, which provides long-term residential care and skilled nursing care for older adults with chronic illnesses. The facility also provides short-term rehabilitation services for medicare beneficiaries recovering from surgery, stroke, etc. And a 32-bed geriatric medical specialty hospital, which provides acute care for the elderly. In addition, the facility's ambulatory health centers provide outpatient health services and sub-specialty services delivered by physicians and health practitioners specializing in geriatric healthcare, mental health, pain management, and psychiatry. Residential care - miami jewish health systems, inc. Provides two levels of adult living facilities. The first is a licensed 98-apartment adult congregate living facility, which provides moderate housing designed for the frail, but independent elderly. Its tenants are offered transportation and cultural/social amenities. The other facility is a licensed 92-apartment assisted living facility, which provides physical, mental, and social activities, as well as direct care assistance and nursing supervision. Case management/day care - miami jewish health systems, inc. Operates a state-sponsored program in which case managers coordinate in-home assistance such as personal care, meals, adult day care, and medical supplies. The program serves people living in miami-dade or broward counties, age 60 or older, who are eligible for care in a nursing home as required by medicaid. Miami jewish health systems operates the project on behalf of the state of Florida's agency for healthcare administration and the department of elder affairs.

Financial Efficiency

• Mission deployment rate: 95.4%; rating input score 95
• Program expense ratio: 81.5%; rating input score 82
• Fundraising efficiency: $3.41 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• 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: 90.9%; rating input score 91; 39th 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: -16.3%; rating input score 5; 5th percentile among comparable filings
• Total-asset coverage ratio: 0.93; rating input score 37; 37th percentile among comparable filings
• Liabilities to assets ratio: 1.79; rating input score 2; 2nd percentile among comparable filings
• Officer compensation ratio: 5.9%; rating input score 11; 11th percentile among comparable filings

Growth

• Program expense growth: 5% per year; rating input score 100; 40th percentile among comparable filings
• Revenue growth: 0.6% per year; rating input score 100; 7th percentile among comparable filings
• Asset growth: 0.4% per year; rating input score 100; 8th percentile among comparable filings