St Luke'sjones Regional Medical Center

What it reported doing in 2024

Community benefit, including charity carecharity care and means-tested programs: st. Luke's/jones regional medical center provides charity care and other means-tested programs with the goal to improve the community's overall health and access to care. This includes health-care services regardless of the patient's insurance coverage or financial status. Charity care and partial to full financial assistance is provided to patients on a case-by-case basis. Charity care was made available at a value of $168,783 in 2024. Oftentimes, st. Luke's/jones regional medical center receives payments from payors or patients that are less than it charges for services. St. Luke's/jones regional medical center participates in medicaid and other government-sponsored health-care programs. St. Luke's/jones regional medical center's net cost of providing care for which it receives payment below its cost is $0. Total charity care and means-tested programs reported value: $203,961.other benefits: st. Luke's/jones regional medical center provides several other benefits that assist the community. Programs include, but are not limited to, community health improvement services and community benefit operations such as prevention and health screenings; health professional's education; subsidized health services; research, and cash and in-kind contributions to community groups. St. Luke's/jones regional medical center collaborates with other hospitals, churches, schools, chambers of commerce and daycare centers to improve community health and expand access to health care. St. Luke's/jones regional medical center has dedicated staff to assist community benefit efforts. Total other benefits reported value: $216,315.

Financial Efficiency

• Mission deployment rate: 72.7%; rating input score 73
• Program expense ratio: 96.6%; rating input score 97
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 21st 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: 55.6%; rating input score 56; 15th 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: 23.3%; rating input score 89; 89th percentile among comparable filings
• Total-asset coverage ratio: 1.93; rating input score 62; 62nd percentile among comparable filings
• Liabilities to assets ratio: 0.07; rating input score 87; 87th percentile among comparable filings
• Officer compensation ratio: 3.3%; rating input score 33; 33rd percentile among comparable filings

Growth

• Program expense growth: 9.1% per year; rating input score 100; 71st percentile among comparable filings
• Revenue growth: 9.7% per year; rating input score 100; 76th percentile among comparable filings
• Asset growth: 9.4% per year; rating input score 100; 67th percentile among comparable filings