Seton Family of Doctors

What it reported doing in 2024

THE FILING ORGANIZATION IS A PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY. ASCENSION IS A FAITH-BASED HEALTHCARE ORGANIZATION THAT DELIVERS PERSONALIZED, COMPASSIONATE CARE TO ALL, ESPECIALLY TO THOSE WHO NEED IT THE MOST. Seton Family of Doctors ("SFOD"), is a 501(c)(3) charitable organization that provides patient care and educational programs and organizes and directs clinical and basic science research programs. SFOD serves the patient populations of Dell Seton Medical Center UT ("DSMCUT"), Seton Medical Center Austin, Seton Northwest, Seton Southwest, Seton Medical Center Williamson and Seton Medical Center Hays. Many SFOD patients are covered by government insurance programs, including Medicare, Medicaid and managed Medicaid or were self-pay or charity. Faculty members hold leadership positions in a variety of local, regional and national professional organizations. The physician specialists employed by SFOD are experts in many different areas of adult medicine and provide comprehensive, high quality clinical care for Central Texas. The group has consolidated various specialties into 1 multi-disciplinary group with a variety of specialties including but not limited to: * Primary Care * Express Care * Cardiology * Neurology * Physical Medicine & Rehabilitation * Sports Medicine * Women's Health * Spine * Plastic Surgery * Orthopedic Surgery * General Surgery * Urology * Neurosurgery * Radiology/Imaging. Some of the services listed above operate at a loss in order to ensure that all services are available to meet community health care needs. SFOD furthers its charitable purposes by providing a broad array of services to the community. Its investment in research also provides access to state-of-the-art technology, medications and treatment protocols. This allows SFOD healthcare practitioners to experience and share new and emerging evidence-based treatment options. This relationship between research and practice, combined with SFOD's collaborative and interdisciplinary care model, leads to more advances and exceptional outcomes for Central Texas patients. In addition, we have expanded our presence to integrate practices from Comal County (San Marcos) as well as Bell County (Temple) and Georgetown. Accomplishments: 1. Actively involved in resident, medical student and allied health education. 2. An integral part of DSMCUT acquiring and maintaining Level I Trauma Center status. 3. An integral part of Seton Medical Center Williamson and Seton Medical Center Hays acquiring and maintaining Level II Trauma Center status. 4. Provided leadership and direction for development of the following multi-disciplinary programs at DSMCUT: Hand Center, Breast Center, Craniofacial Center, Wound Care and Plastic Surgery. ** A. Established clinical relationships through affiliation with Dell Medical School to advance knowledge and treatment options for patients throughout Central Texas. ** B. Establish clinical and administrative relationships in the Austin community to enhance the transitions to care from inpatient to outpatient. ** C. Provided physician support to the Seton Family of Hospitals network stroke program.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 89.1%; rating input score 89
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th 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: Yes; rating input score 100

Accountability

• Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
• Governance controls: 6 of 9 controls in place; rating input score 67
  • 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: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -38.7%; rating input score 2; 2nd percentile among comparable filings
• Total-asset coverage ratio: 0.53; rating input score 19; 19th percentile among comparable filings
• Liabilities to assets ratio: 0.62; rating input score 27; 27th percentile among comparable filings
• Officer compensation ratio: 0.1%; rating input score 92; 92nd percentile among comparable filings

Growth

• Program expense growth: 18.2% per year; rating input score 100; 91st percentile among comparable filings
• Revenue growth: 17.9% per year; rating input score 100; 92nd percentile among comparable filings
• Asset growth: 21.7% per year; rating input score 100; 94th percentile among comparable filings