St Mary's Hospital & Medical Center Inc

What it reported doing in 2024

St. Mary's hospital & medical center, inc., (st. Mary's) in grand junction, co., is the largest medical center between denver and salt lake city and is committed to putting people first. Serving the healthcare needs of western Colorado and eastern Utah for nearly 130 years, st. Mary's is a faith-based, non-profit provider and is part of intermountain health care, inc.founded in 1896 by the sisters of charity of leavenworth, st. Mary's has a rich history of serving the many needs of its community, from advanced medical care to charitable giving.st. Mary's and its leaders continue to be committed to the renowned statement of mother xavier ross, founder of the sisters of charity of leavenworth. In all st. Mary's actions, we will: "look forward to the good that is yet to be." throughout our history, the generosity of western coloradans has enabled st. Mary's to grow to meet healthcare needs. Contributions of land, funds, time, and talent allowed us to keep pace with expanding population and medical advances.st. Mary's is a full-service hospital providing quality healthcare to patients regardless of their ability to pay. As the largest healthcare facility in a 250-mile radius, st. Mary's provides many advanced healthcare services not offered by any other facilities in western Colorado and eastern Utah and is licensed for 346 beds.st. Mary's operates the only level ii trauma center and level iii nicu between denver, co and salt lake city, ut. With a 24-7 emergency department staffed with experienced emergency medicine, trained physicians and nurses, trauma and neurosurgeons always available, and air medical transport services. St. Mary's cares for seriously ill and injured patients. Multiple transport helicopters provide assistance in both rescue and evacuation efforts.st. Mary's is related to intermountain medical group-grand junction, llc formerly known as scl health medical group-grand junction, llc, a single member limited liability company owned by a related organization, intermountain front range, inc. Formerly known as scl health-front range, inc. Intermountain medical group-grand junction, llc is a group of physician clinics that provide professional services to the st. Mary's hospital community and supports the mission of st. Mary's hospital.although intermountain medical group-grand junction, llc is not owned directly by st. Mary's, st. Mary's funds all operating losses of scl health medical group-grand junction, llc. Through equity transfers to intermountain front range, inc. In 2024, the hospital provided $51,262,140 in support of the losses of the physician clinics.on april 1, 2022, sisters of charity of leavenworth health system, inc. Affiliated with intermountain health care, inc., creating a model health system that provides high-quality, accessible, and affordable healthcare to communities in Colorado, Idaho, Montana, Nevada, Utah, and Wyoming. The organization employs more than 68,000 caregivers, operates 33 hospitals (including one virtual hospital), and runs hundreds of clinics, while providing health insurance to over one million people in Colorado, Idaho, Nevada, and Utah.as part of intermountain health, an integrated health system, st. Mary's has direct access to best practices, resources, technology, talent and strategic capital.st. Mary's received an 'a' rating from the leapfrog group and cms 4 stars for hospital safety. U.s. News & world report recognized st. Mary's as "high performing" in treating heart attack, hip replacement, prostate cancer surgery, and stroke. In 2024, st. Mary's became the first nonacademic community-based hospital (and one of only five hospitals nationwide) to be verified at the highest level by the american college of surgeons and the society for vascular surgery's comprehensive inpatient vascular verification program.st. Mary's has a variety of programs and services to serve the community including but not limited to:- cancer care - cardiac and vascular services- emergency and trau

Financial Efficiency

• Mission deployment rate: 83.5%; rating input score 83
• Program expense ratio: 84.9%; rating input score 85
• 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: 99.6%; rating input score 100; 42nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 78.6%; rating input score 79; 27th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • 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: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 2.2%; rating input score 44; 44th percentile among comparable filings
• Total-asset coverage ratio: 1.64; rating input score 56; 56th percentile among comparable filings
• Liabilities to assets ratio: 0.03; rating input score 92; 92nd percentile among comparable filings
• Officer compensation ratio: 0.8%; rating input score 77; 77th percentile among comparable filings

Growth

• Program expense growth: 4.2% per year; rating input score 100; 32nd percentile among comparable filings
• Revenue growth: 2.2% per year; rating input score 100; 16th percentile among comparable filings
• Asset growth: 4.5% per year; rating input score 100; 32nd percentile among comparable filings