Seton Hospitalist Service

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 hospitalist service serves as an integral part of the roman catholic church to carry out its mission in support of or in furtherance of its charitable purposes. It also serves as the parent corporation for an integrated healthcare delivery and financing network. Our mission includes the following: - further the philosophy and mission of ascension health of healing and service to the sick and poor, and promote, support and engage in any of the religious, charitable, educational and scientific ministries established by ascension health. - provide medically necessary services to patients who are financially or medically indigent regardless of the person's race, creed, color, religion, sex, national origin, age or ability to pay. Based on an established eligibility system, medical services will be provided to the extent the corporation's financial resources permit. - raise funds from the public and from all other sources available, receive and maintain such funds and expend principal and income there from in support of or in furtherance of the charitable purposes. - acquire, own, use, lease as lessor or lessee, convey and otherwise deal in and with real and personal property and any interest therein, all in support of or in furtherance of the charitable purposes. - contract with other for profit and nonprofit organizations, individuals and governmental agencies in support of or in furtherance of the charitable purposes. - engage in any lawful activities within the purposes for which a nonprofit corporation may be organized under the Texas business organizations codes which are in furtherance of or in support of the charitable purposes. - promote cooperation and exchange of knowledge and experience among the various apostolate within the health care mission.

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited

Transparency & Controls

• Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
• Major donor itemization: Limited

Sustainability

• Operating margin: Limited
• Total-asset coverage ratio: Limited
• Liabilities to assets ratio: Limited
• Officer compensation ratio: Limited

Growth

• Program expense growth: Limited
• Revenue growth: -23.6% per year; rating input score 0; 13th percentile among comparable filings
• Asset growth: -10.2% per year; rating input score 0; 17th percentile among comparable filings