St. Francis Regional Medical Center

What it reported doing in 2024

Community servicesst. Francis is committed to supporting programs and services that address community needs. In 2024, st. Francis contributed $1.1 million to research and to community programs and services to advance the health of the broader community. Below are examples of programs and services st. Francis supports within the communities we serve under the categories provided by the catholic healthcare association (cha) and vha, inc. The activities improve community health and do not generate inpatient or outpatient bills. St. Francis supports many programs that fall under this category. A few examples include: river valley health services: st. Francis provides financial support to river valley health services (river valley). River valley provides safe, high-quality public health nursing and bi-lingual community resource referrals and case management at sites in scott and carver counties to people who are uninsured and underinsured. In 2024 river valley continued to manage care for patients, providing access to care as 100% of the clients are uninsured or underinsured. River valley helps people with complex problems navigate through the community agencies and programs available to them. In 2024, river valley reached additional patients through 12 community screenings. River valley operates as a free medical clinic with additional capabilities with respect to diabetes outreach and care, and is co-located at the shakopee cap agency offices providing additional opportunities to serve a greater number of community members.st. Francis is a partner to southern valley alliance (sva), a domestic violence agency located in scott and carver counties in Minnesota, supporting sva's hospital advocacy program as well as the new domestic abuse advocacy center in shakopee. The hospital advocacy program allows sva advocates to remotely connect with an emergency room patient being treated for a domestic violence injury, working with the hospital staff and the patient to provide support and resources.st. Mary's health clinicst. Mary's health clinic provides quality, free health services to people who are uninsured and underinsured. For many years, st. Francis has provided financial support, clinic space and supplies to allow st. Mary's health clinic to operate in shakopee. St. Mary's health clinic provides laboratory testing, radiology, outpatient care and medical supplies. The st. Mary's clinic in shakopee provides a continuum of free health care services to low-income, uninsured people in scott, carver and western dakota counties. Volunteer doctors and nurses provide care including primary care visits, lab tests, diagnostic services, health screening, radiology services, prescription medications and any other medically necessary outpatient medical services. Interpreting services are provided, and the diabetes education enhancement program (deep) provides one-to-one diabetes screening and care management to patients. All patients seen at st. Mary's clinic in shakopee are at or below the 275% of federal poverty guidelines. All services are provided free of charge to the patients.health professions education st. Francis actively supports numerous medical education activities for providers, health care students and other health professionals. In 2024, st. Francis invested $640 thousand in internship opportunities, mentoring partnerships, and graduate medical education programming. St. Francis is committed to the education, training and development of future health care professionals and ensures the availability of a highly trained workforce to meet the community's health care needs. Financial and in-kind contributionsst. Francis provides numerous in-kind and monetary contributions to not-for-profit organizations to support community needs. In 2024, st. Francis funded $372 thousand for donations to community programs, equipment, supplies, and staff time. St. Francis partners with local organizations possessing expertise, volunteers and staff need

Financial Efficiency

• Mission deployment rate: 84.9%; rating input score 85
• Program expense ratio: 93.2%; rating input score 93
• Fundraising efficiency: $2.78 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 25th 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: Scored; rating input score 0
• Grant itemization coverage: 79.4%; rating input score 79; 17th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 75%; rating input score 75; 24th 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: 7.9%; rating input score 67; 67th percentile among comparable filings
• Total-asset coverage ratio: 1.26; rating input score 47; 47th percentile among comparable filings
• Liabilities to assets ratio: 0.21; rating input score 67; 67th percentile among comparable filings
• Officer compensation ratio: 1.6%; rating input score 64; 64th percentile among comparable filings

Growth

• Program expense growth: 7.2% per year; rating input score 100; 58th percentile among comparable filings
• Revenue growth: 5.3% per year; rating input score 100; 46th percentile among comparable filings
• Asset growth: 4.1% per year; rating input score 100; 28th percentile among comparable filings