Parkview Health

What it reported doing in 2024

Parkview wabash hospital, inc. Is a 25-bed, critical access hospital established in 1919. It has been a member of parkview health, inc., since 2015. The campus opened in 2018 and includes a two-story 82,000-square-foot hospital and a 31,000-square-foot medical office building, home to parkview physicians group and services. The hospital features amenities beyond the typical medical services (described below) to include a full-service cafe, chapel, gift shop, and one-mile paved walking path with picnic pavilion. The primary service area includes all of wabash county, with expansion into miami and grant counties. (see schedule o for continuation)services offered: our primary service area includes 30,670 (2023) residents of wabash county. Those residents have access to care close to home. The parkview wabash hospital, inc., offers 18 inpatient rooms equipped with "smart beds and a central monitoring system. Of those beds, 14 are medical surgical, and four are constant care unit rooms. All rooms have remote monitoring capabilities, with telehealth available for consultations.parkview wabash hospital, inc., offers a swing bed program, known as the continuing care program, that combines 24-hour skilled nursing care with rehabilitation therapies to help patients transition back to home or to a long-term care facility following surgery or an illness. The focus is on helping the patient regain strength, mobility, and independence while assessing the services or equipment needed to achieve those goals.a nine-bed emergency department is staffed 24 hours a day, 365 days a year by board-certified physicians and registered nurses who are trained in emergency medicine and care. The rooms include a trauma room and a "safe room" for patients who may be experiencing a behavioral health crisis.two surgical suites, one endoscopy room, and six private pre-/post-op rooms make up our surgery department. Surgical services include general surgery, urology, endoscopy, gynecology, orthopedics, pain management, and colorectal. We perform laparoscopic and endoscopic procedures and offer 24-hour coverage.parkview wabash hospital, inc. Provides a full breadth of rehabilitative services - both inpatient and outpatient. The rehab place of parkview wabash hospital, located at the wabash county ymca, offers physical, occupational, and speech therapy, aquatic rehab, women's health therapy, and sports medicine. Our inpatient and swing bed programs include physical, occupational, and speech therapy as well. Additionally, we offer outpatient cardiac and pulmonary rehabilitation.patients who may require intravenous chemotherapy, intravenous hydration, or other medications, port placements, or blood transfusions can stay close to home and be cared for in our outpatient infusion department.the hospital offers a wide range of outpatient diagnostic services from advanced imaging - ct, mri, and nuclear medicine - to cardiac monitoring, pulmonary function testing, vascular and heartsmart screening, as well as an imaging center with 3d mammography, bone density scanning, and ultrasound. We also offer a full-service laboratory.parkview wabash hospital, inc., in partnership with parkview behavioral health, offers outpatient alcohol and opioid dependency medication treatment. Intensive outpatient group treatment offers three phases of group sessions for treatment, enabling patients to engage in daily routines and continue living at home. Another long-standing behavioral health service is lifebridge outpatient program for seniors, which offers medical management and group/individual therapy for those older than 65.other services include an atu walk-in clinic to assist warfarin patients and monitor blood-thinner medication dosing; an on-site sleep center as well as home sleep studies to diagnose and treat sleep-related disorders; and numerous physician specialty clinics.wabash-area residents also have access to a walk-in clinic open seven days per week and an off-campus occupat

Financial Efficiency

• Mission deployment rate: 72.6%; rating input score 73
• Program expense ratio: 81%; rating input score 81
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 12th 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: 66.7%; rating input score 67; 19th 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: 10.4%; rating input score 73; 73rd percentile among comparable filings
• Total-asset coverage ratio: 0.6; rating input score 23; 23rd percentile among comparable filings
• Liabilities to assets ratio: 0.93; rating input score 10; 10th percentile among comparable filings
• Officer compensation ratio: 3.4%; rating input score 33; 33rd percentile among comparable filings

Growth

• Program expense growth: 4.2% per year; rating input score 100; 33rd percentile among comparable filings
• Revenue growth: 3.3% per year; rating input score 100; 25th percentile among comparable filings
• Asset growth: 0.2% per year; rating input score 100; 8th percentile among comparable filings