Mount Nittany Health

What it reported doing in 2024

Mnmc health services inc. Is an affiliate of mount nittany health system (health system) which includes an acute care hospital (mount nittany medical center), mount nittany medical center health services, inc., centre county children's advocacy center, and the foundation for mount nittany medical center, inc. The health system is a not-for-profit corporation organized to coordinate and manage the integration of the delivery of healthcare services and perform activities that benefit its affiliates. Continued on schedule o.mnmc health services inc. Was created to provide charitable, scientific, and educational services as determined by the corporation's board of directors, but subject to any rights and powers that are reserved to mount nittany health system to employ and contract with physicians in order to support mount nittany medical center, for the charitable, scientific, and educational purposes in its coordination and delivery of health care services to the community.mnmc health services, inc. Supports the health system by employing approximately 107 physicians who provide a variety of primary and specialty care services at a growing number of offices throughout central Pennsylvania. Our staff is board-certified or board eligible and growing, and we pride ourselves in working with area providers to maximize healthcare opportunities for the people of this region.one of mount nittany health system's major goals in forming the mnmc health services inc. Was to provide quality care at convenient locations in central Pennsylvania - not just primary care, but care in more than 20 advanced specialty areas.charges for services provided were comprised of:- 44.6% medicare- 7.8% medicaid- 1.5% self-pay - 46.5% othermnmc health services provides physician health care services for residents of its primary service area, which includes state college and surrounding communities. Charity care was $563,629 for fye 2025.

Financial Efficiency

• Mission deployment rate: 83%; rating input score 83
• Program expense ratio: 79%; rating input score 79
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th 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: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 16.7%; rating input score 17; 9th 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: -5%; rating input score 13; 13th percentile among comparable filings
• Total-asset coverage ratio: 0.35; rating input score 12; 12th percentile among comparable filings
• Liabilities to assets ratio: 0.92; rating input score 11; 11th percentile among comparable filings
• Officer compensation ratio: 6.5%; rating input score 9; 9th percentile among comparable filings

Growth

• Program expense growth: 6.7% per year; rating input score 100; 55th percentile among comparable filings
• Revenue growth: 7.9% per year; rating input score 100; 66th percentile among comparable filings
• Asset growth: 8.7% per year; rating input score 100; 63rd percentile among comparable filings