Parkview Health

What it reported doing in 2024

Parkview hospital, inc. Is a not-for-profit, community-based hospital serving a population of more than 1.3 million across northeast Indiana and northwest Ohio. Parkview hospital, inc. Consists of parkview regional medical center, parkview hospital randallia, parkview behavioral health institute, and parkview southwest. Located in fort wayne, Indiana, parkview hospital, inc. Is home to a verified level ii adult and pediatric trauma center in addition to the samaritan medical flight and ground transport services, and a full-service, 24-hour emergency department. (see schedule o for continuation)featured services: located on the north side of fort wayne, Indiana, parkview regional medical center (prmc) is a 547-bed regional tertiary referral center dedicated to building a healthier community. More than a hospital, prmc is an entire campus devoted to the health and well-being of its surrounding communities. It features several specialty service lines, including the parkview packnett family cancer institute, parkview heart institute, and the parkview women's & children's hospital.parkview packnett family cancer institute is a state-of-the-art facility incorporating a healing environment using natural lighting, private spaces, respite rooms, and more. This physician-led facility uses an enhanced nurse navigator system for coordinated care throughout a patient's cancer journey. The institute offers infusion, radiation oncology, and other outpatient services, such as the region's only cyberknife technology, which destroys tumors in difficult-to-reach areas.parkview heart institute (phi), the region's only dedicated heart hospital and an affiliate of the cleveland clinic's heart, vascular and thoracic institute, is dedicated to the prevention, awareness, detection, and treatment of heart disease. Physicians, advanced-practice providers, nurses, and co-workers within the facility deliver specialized cardiac intensive care and acute care and support accredited programs such as heart failure, atrial fibrillation, and electrophysiology. Phi offers sixteen outpatient specialty clinics to support patients with standardized, protocol-driven care by a collaborative team dedicated to treating their condition.parkview women's & children's hospital includes a 40-bed family birthing center comprising 16 labor and delivery rooms, four triage bays, two operating rooms, 24 postpartum rooms, and a brand new 8-bed newborn nursery. For our littlest patients who need extra care, our neonatal icu has been recently renovated and expanded to a total of 45 beds (35 private rooms and 10 continuous care bays). The pediatric unit has 27 private rooms to make the stay for young patients as comfortable as possible.within the heart of fort wayne, Indiana, resides parkview randallia hospital, a 204-bed community hospital serving area residents at its current location since 1953. Parkview randallia hospital continues to be a full-service center of healthcare activity and excellence, dedicated to providing exceptional service with kindness and concern for every individual situation. This facility features a family birthing center, parkview center for wound healing, sleep disorders center, and the parkview rehabilitation center.financial assistance: parkview hospital, inc. Is committed to making healthcare accessible to all who need it, regardless of their insurance status or ability to pay. With our financial assistance programs, patients can receive the parkview care they expect, no matter their medical obstacles. Our financial assistance services include: 1) using fair and consistent billing and collection practices, including charitable care and financial assistance policies and a standard application process; 2) providing extended payment plan options; and 3) providing emergency care, regardless of ability to pay.community benefit: parkview hospital, inc.'s commitment to improving health and inspiring well-being extends beyond the hospital walls and throughout n

Financial Efficiency

• Mission deployment rate: 77.9%; rating input score 78
• Program expense ratio: 83.3%; rating input score 83
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 17th 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: 98.6%; rating input score 99; 36th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 61.1%; rating input score 61; 17th 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: 6.5%; rating input score 62; 62nd percentile among comparable filings
• Total-asset coverage ratio: 0.59; rating input score 23; 23rd percentile among comparable filings
• Liabilities to assets ratio: 0.1; rating input score 83; 83rd percentile among comparable filings
• Officer compensation ratio: 0.4%; rating input score 87; 87th percentile among comparable filings

Growth

• Program expense growth: 10.1% per year; rating input score 100; 75th percentile among comparable filings
• Revenue growth: 9.3% per year; rating input score 100; 74th percentile among comparable filings
• Asset growth: 5.6% per year; rating input score 100; 41st percentile among comparable filings