Sinai Chicago

What it reported doing in 2024

Patient care mount sinai hospital medical center (mount sinai hospital or msh) is a 319-licensed bed acute care and teaching hospital affiliated with the jewish federation of metropolitan chicago. Msh is an integral part of the sinai health system's core mission to improve the health of the individuals and communities it serves. Founded in 1919, msh provides a significant portion of the total medical services available to west side residents. These services include a full spectrum of care, including medical, surgical, pediatric, level iii perinatal, intensive care, emergency, maternal child, and psychiatric services. The hospital's emergency department is one of four level i trauma centers in chicago. Charity care mount sinai hospital provided $23,534,399 of charity care at cost to patients who were unable to pay for services. Since so many of our patients are uninsured or otherwise unable to afford care, charity care is a vital part of our mission to improve the health of the communities we serve. Community outreach as part of our mission to improve the health of our communities, msh has launched several initiatives to study and address specific health issues. The sinai urban health institute (suhi) is a nationally recognized research organization funded and operated through mount sinai hospital. Suhi has published groundbreaking research on racial disparities, HIV, smoking rates, asthma, diabetes, breast cancer, and other health threats facing low-income minority populations. Accreditations and certifications: - palliative medicine program recognized for outstanding achievement by the coleman foundation - outpatient psychiatry programs accredited by carf - national excellence in healthcare 2014 award winner for overall quality care from professional research consultants - get with the guidelines stroke gold-plus quality achievement award winner from the american heart association and american stroke association - oncology practice initiative certification program, an affiliated program of the american society of clinical oncology - ob ultrasound department accredited by the american institute of ultrasound medicine - mammography accredited by the american college of radiology - the joint commission gold seal of approval - emergency department approved for pediatrics certification (edap) - american college of surgeons commission on cancer - accredited chest pain center by the society of chest pain centers primary stroke center awards: - innovation in quality award (Illinois hospital association) - Illinois hospital association pledge quality achievement award - deaf Illinois award for best health services in 2007, 2009 and 2011 - organ and tissue donor network's gift of hope silver medal of honor

Financial Efficiency

• Mission deployment rate: 86.8%; rating input score 87
• Program expense ratio: 80%; rating input score 80
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • 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: Limited

Accountability

• Independent voting board: 95.7%; rating input score 96; 49th 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: -8.6%; rating input score 9; 9th percentile among comparable filings
• Total-asset coverage ratio: 0.65; rating input score 25; 25th percentile among comparable filings
• Liabilities to assets ratio: 1.21; rating input score 4; 4th percentile among comparable filings
• Officer compensation ratio: 1.2%; rating input score 71; 71st percentile among comparable filings

Growth

• Program expense growth: 4.9% per year; rating input score 100; 39th percentile among comparable filings
• Revenue growth: 3.2% per year; rating input score 100; 24th percentile among comparable filings
• Asset growth: 6.1% per year; rating input score 100; 45th percentile among comparable filings