Simi Valley Hosp and Hlth Care Services Dba Adventist Health Simi Valley

What it reported doing in 2024

Simi Valley Hospital and Health Care Services, dba Adventist Health Simi Valley (AHSV), provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age, or ability to pay. AHSV is a nonprofit community-based system comprised of 136 acute care hospital beds, 400 physicians and 1,100 employees.Although, reimbursement for services rendered is critical to the operation and stability of Simi Valley Hospital and Health Care Services, the organization recognizes that not all individuals possess the ability to pay for essential medical services.Adventist Healths vision is to enhance the health of the communities where we live and serve by engaging our communities and our patients in a new definition of and partnership for personal community health. In keeping with this commitment to serve all members of the community, the following coverage will be considered when individuals who need health care cannot afford to pay: Free care and/or subsidized care Care to persons covered by governmental programs at/or below cost Health/wellness activities and community education programsNot only does AHSV provide low-cost care to individuals covered by government programs, and those unable to afford healthcare, it also helps patients find and access private and governmental resources for healthcare benefits.AHSV recognizes below-cost reimbursement as charity and uncompensated care in meeting its mission to the entire community. The unreimbursed cost of providing care to these patients in 2024 was $26,503,048.The following Inpatient services were provided to all our patients:162 babies delivered979 surgeries performed28,973 patient days The following Outpatient services were provided to all our patients:45,810 emergency department visits4,009 outpatient surgeries performed40,932 outpatient visits 78,832 clinic visitsAHSV recognizes it has an obligation to provide human services above and beyond its role as a healing facility. Schedule H provides more details on the tangible ways in which the organization is fulfilling its mission. The total unreimbursed cost of these community benefits in 2024 was $15,109,680.AHSV's quality and performance awards include: a Joint Commission Accredited Hospital, U.S. News & World Report Best Regional Hospital - Oxnard, American Heart Association Stroke Gold Plus and Stroke Honor Role Elite, Surgical Review Corporation Center of Excellence for Robotic Surgery, DNV Certified Primary Stroke Center, American Heart Association Lifeline STEMI Receiving Center Silver, Geriatric Emergency Department Accreditation from the American College of Emergency Physicians, ACR Designated Comprehensive Breast Imaging Center for the Nancy Reagan Breast Center, and Blue Cross/Blue Shield Blue Distinction Center for Knee and Hip Replacements.Adventist Healths mission statement of living God's love by inspiring health, wholeness and hope is coupled with a vision to transform the health experience of our communities through collaborative programs, community investments and community outreach. We are inspired by the healing ministry, as represented by the life of Jesus Christ, and believe we are called to live out our mission intentionally in the communities we serve. In the small towns, suburbs, and inner cities we serve, we continue our journey to provide quality healthcare until every person made in God's image has experienced the best health today, hope for tomorrow, and God's love that endures forever.As part of our ongoing commitment to health equity and social responsibility, AHSV launched Outfitting Hopea new initiative designed to support patients experiencing homelessness or displacement. Outfitting Hope is a compassionate clothing drive led by our Case Management and Quality departments. The program focuses on collecting new, essential clothing items to ensure that vulnerable patients have access to clean, weather-appropriate clothing before they are discharged from the hospital. This simple yet

Financial Efficiency

• Mission deployment rate: 86.8%; rating input score 87
• Program expense ratio: 78.3%; rating input score 78
• Fundraising efficiency: $5.9 raised per $1 spent on fundraising; rating input score 26; 26th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 71.3%; rating input score 71; 15th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 86.7%; rating input score 87; 33rd 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: -11.4%; rating input score 7; 7th percentile among comparable filings
• Total-asset coverage ratio: 0.72; rating input score 29; 29th percentile among comparable filings
• Liabilities to assets ratio: 1.31; rating input score 3; 3rd percentile among comparable filings
• Officer compensation ratio: 1%; rating input score 74; 74th percentile among comparable filings

Growth

• Program expense growth: 6% per year; rating input score 100; 49th percentile among comparable filings
• Revenue growth: 5.2% per year; rating input score 100; 45th percentile among comparable filings
• Asset growth: 0.9% per year; rating input score 100; 10th percentile among comparable filings