Park Nicollet Clinic

What it reported doing in 2010

Park Nicollet Clinic is one of the largest multispecialty clinics in the United States, providing care in more than 55 medical specialties. Approximately 700 physicians and 350 clinical professionals are on staff at 18 primary care clinics and several other care locations in Minneapolis and surrounding suburbs.Park Nicollet Clinic is part of Park Nicollet Health Services, an integrated care system, staffed by nationally recognized hospital and clinic doctors, clinical professionals, nurses and other staff. Park Nicollet Clinic helps patients stay healthy and takes care of them when they are sick. Park Nicollet Clinic's mission is to care for and support the health, healing and learning of those served.Park Nicollet Clinic uses five core values to accomplish its mission - care, service, stewardship, joy and learning. Highlights of 2010 that support Park Nicollet Health Service's values include the following: Park Nicollet Clinic actively involved its patients, employees, board members and community partners in identifying patient and community needs. In 2010, Park Nicollet Clinic provided more than $7 million in patient services charity care and $29.8 million in unreimbursed medical care. Patient councils continue to foster collaboration between patients, families and care teams. These councils focus on topics such as patient safety, facility design, clinician-patient communication, quality improvement, patient/family education, ethics and research. Park Nicollet Clinic helped open a new health resource center in the Brooklyn Center High School in 2010. It provides free and low-cost medical, mental health and dental care to children and youth in the community. This community resource is the fourth such school-affiliated clinic established, staffed and funded in partnership with Park Nicollet Foundation and Park Nicollet Clinic.In 2010, by partnering with the local non-profit Children's Dental Services, four community clinics for children began offering free or reduced cost dental care to any child or adolescent in the communities served.Park Nicollet Clinic and other affiliates provided needed comprehensive care, including primary, specialty, hospital and pharmacy services, at no charge to 1,996 individuals enrolled in the St. Mary's program - an innovative model of providing continuity of care for the uninsured. In total, the clinic provided reduced charge or free care to approximately 14,700 individuals. In 2010, Park Nicollet Clinic received four of the eleven certifications by the state of Minnesota to be "health care homes." Health care homes, also known as "medical homes," offer a team approach to care. A care coordinator works with patients and their families to coordinate with a clinical team that may include physicians, nurses, clinicians, specialists and pharmacists. The program also coordinates with community resources such as schools and social service agencies to ensure continuity of care that will follow patients after they leave the clinic and into the communities where they live.Park Nicollet Clinic is affiliated with Park Nicollet Health Services, Park Nicollet Methodist Hospital, Park Nicollet Foundation, Park Nicollet Institute and Park Nicollet Health Care Products. Together with the affiliated organizations, Park Nicollet Clinic has accomplished the following in 2010: Park Nicollet Clinic and its affiliates are dedicated to caring for, and supporting the health, healing and learning of patients, employees and the community. Park Nicollet Clinic and its affiliates accomplish this in many ways and are especially grateful to its volunteers. In 2010, Park Nicollet Health Services and affiliates gave more than $3.1 million through 106 grants. Park Nicollet Health Services and affiliates continued its joint sponsorship of the Successful Aging Initiative, which focuses on improving coordination of community and health care services for senior citizens. Park Nicollet Clinic and Park Nicollet Foundation partner with

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 75th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Scored; rating input score 0

Accountability

• Independent voting board: 50%; rating input score 50; 10th 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: 5.8%; rating input score 62; 62nd percentile among comparable filings
• Total-asset coverage ratio: 0.42; rating input score 16; 16th percentile among comparable filings
• Liabilities to assets ratio: 0.39; rating input score 59; 59th percentile among comparable filings
• Officer compensation ratio: 1.3%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: Limited
• Asset growth: Limited