Rutland Hospital Inc

What it reported doing in 2024

Ancillary Care. Ancillary care services include Operating Room, Emergency Room, Physical Rehabilitation, Anesthesiology, Oncology, Pulmonary, Respiratory, Physical Therapy, Cardiac Cath, Endoscopy, Ambulatory, Delivery, Radiation, Psychiatric Counseling, Occupational Therapy, Recovery, HIV Clinic, and Speech Therapy.Rutland Regional Medical Center FY 2024 Community Benefits Report: Rutland Regional Medical Center is committed to providing superior, integrated, diagnostic, therapeutic and preventative health services and to promoting overall community health and well-being. Community benefits are the activities and services Rutland Regional engages in and supports that go beyond the routine patient care services. Documenting these efforts is a part of what differentiates tax-exempt from taxable health care organizations.Free and Discounted Care Rutland Regional provides low and no-cost care for eligible residents of our area through a financial assistance program. The free care provision for 2025 totaled $11,750,570. RRMC is addressing the key issues that have the most significant impact on the community health and well-being, which include the following: Clinical Care- Continuing to address the drug problem in the community through mental health and substance abuse services for adults and youth, including treatment, aftercare and prevention.- Continuing to improve access to care for all community members by continuing focused provider recruitment and retention activities.Healthy Behaviors- Improving and promoting healthy choices and activities to support a healthy community in which to live and raise a family, by supporting and promoting life skills development for and by youth, and physical activity and healthy eating by adults and youth.Social & Economic Determinants- Improving the health and well-being of the community, making it an attractive place to live and work.Physical Environment- Improving infrastructure to support a healthy community with access to work, recreational opportunities and services.For more details on these activities and the work performed by Rutland Regional with community partners, please review the progress report on http://www.rrmc.org/about/community-health-needs-assessment/.In addition to these activities, Rutland Regional is now required by federal regulations to conduct a community needs assessment every three years. The Rutland County Health Needs Assessment Steering Committee worked hard to be inclusive, both in the information collected and reviewed, and by broadly requesting input from around our communities. From start to finish, the assessment takes about one year to complete, and includes compilation of secondary data from other sources, collecting individual input through consumer surveys and through focus group meetings.All of the information gathered is reviewed and prioritized by a broad, community-based committee. A final report has now been published with the findings. This report is made publicly available on www.rrmc.org.The purpose of the assessment is to:- Describe the health status of the community- Identify the community's health needs- Compare the needs to those identified previously conducting assessments periodically for more than 15 years, we have seen some health indicators improve and others decline. By monitoring these changes, the committee is able to identify where additional resources are needed. Organizations, including Rutland Regional, use this important information to guide their planning. For Rutland Regional specifically, it helps with the development of new hospital services and community programs.

Financial Efficiency

• Mission deployment rate: 70.9%; rating input score 71
• Program expense ratio: 78%; rating input score 78
• Fundraising efficiency: $9.52 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 25th percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 85.4%; rating input score 85; 19th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 89.5%; rating input score 89; 37th 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: 7.5%; rating input score 66; 66th percentile among comparable filings
• Total-asset coverage ratio: 1.22; rating input score 46; 46th percentile among comparable filings
• Liabilities to assets ratio: 0.23; rating input score 64; 64th percentile among comparable filings
• Officer compensation ratio: 3%; rating input score 39; 39th percentile among comparable filings

Growth

• Program expense growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings
• Revenue growth: 4.4% per year; rating input score 100; 37th percentile among comparable filings
• Asset growth: 5.4% per year; rating input score 100; 39th percentile among comparable filings