Pemiscot Memorial Health Systems

Overview

Mission

Pemiscot Memorial Health Systems is committed to provide an organized system of healthcare services to all persons within our service area without regard to age, sex, race, color, national origin, creed, financial status, physical or mental challenge. Demand for expansion of existing or initiation of new programs and services are evaluated on an ongoing basis resulting in incremental improvements in the degree of quality of services rendered in direct response to the changing healthcare needs of the community. Pemiscot Memorial Health Systems strives to work in collaboration with local, state and federal organizations to ensure access to primary care for all residents with special emphasis on preventative health and wellness. We diligently work to maintain our financial strength in order that we remain a prominent provider of medical services for the region.

Operating model

Revenue model

Earned-program. 98% of the money available for current operations came from fees and other program revenue.

Distribution model

Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

• Financial Efficiency: 84
• Transparency & Controls: 79
• Accountability: 86
• Sustainability: 32
• Growth: 20

Detailed rating inputs

Details

• What they do: 13 programs and campaigns described on the official site · 1 operating location identified
• Where the money goes: 94.4% of revenue deployed · 94.7% of spending went to programs
• Governance: 5 of 5 board members independent · 6 of 9 filing controls reported
• Programs: 1 filed program accomplishment · $40M in reported program spending
• Leadership: top reported pay $898K · 13 people listed · 3 of 6 pay-setting controls reported
• Highest-paid contractors: 5 contractors listed · $3.9M reported
• Consistency: 28 of 28 current checks pass
• Schedules: 6 filed schedules · includes major donors and executive pay
• Filing history: 9 filing years from 2010 to 2018
• Contacts: How to reach this organization
• Money network: 8 filed money-flow records
• Related organizations: Filed and resolved organization relationships.
• Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
• People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

• Review — Accountability: Governance controls: 3 of 9 not reported.
• High — Growth: Program expense growth scored 0/100.
• High — Growth: Revenue growth scored 0/100.
• Moderate — Sustainability: Operating margin scored 34/100.
• Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
• High — Sustainability: Liabilities to assets ratio scored 25/100.
• Moderate — Sustainability: Officer compensation ratio scored 35/100.
• High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.