Nebraska Medicine

What it reported doing in 2024

Fy25 with a history dating back to 1869, tnmc was formed with the merging of bishop clarkson memorial hospital and university hospital. In july 2016, unmc physicians outpatient clinics became part of the organization. Tnmc continues to attract patients from the region and around the world. Tnmc is a tertiary/quaternary academic medical center. It is the largest health care facility in the state with more than 10,000 employees and more than 1,400 physicians practicing in all major specialties and sub-specialties. In addition to key services in cardiology, oncology, transplant, and neurology, tnmc offers comprehensive care in women's services for obstetrics and gynecology, as well as pediatric services, orthopedics, rheumatology, and pulmonary care. In addition, tnmc has one of the region's largest hyperbaric medicine programs. Tnmc is the most esteemed academic health system in the region, with 809 licensed beds at its two hospitals, Nebraska medical center and bellevue medical center. Nebraska medicine also operates more than 70 specialty and primary care clinics between omaha and kearney. The organization continues to strive toward its mission to lead the world in transforming lives to create a healthy future for all individuals and communities through premier educational programs, innovative research and extraordinary patient care. Highlights from the fiscal year included - opening of the fred & pamela buffett cancer center - kearney. - construction announced for new proton therapy system at fred & pamela buffett cancer center - Nebraska medical center. Proton therapy will begin to be offered to patients in the spring of 2027. - opening of the innovation design unit (idu). The idu is an active patient care unit with a physical and philosophical connection to academic research and health care innovation. The unit will inform the future of inpatient care as the first phase of project health. - announcing the construction of the new gretna health center that is expected to open in 2027. - it was announced that the grand island health center will relocate in 2027 to a new, larger facility, with construction having begun in july 2026. - Nebraska medicine and unmc became the official health care partners of husker athletics. - construction continued on the bennington health center, with plans on track to open the new primary care clinic in march 2026 - new de-escalation training to create a safer work environment, as part of an organization-wide initiative to enhance workplace safety and security. - introduced a new process that allows bilingual and multilingual physicians and advanced practice providers to communicate directly with patients in their native language. In fy25, Nebraska medical center earned the following: - international reputation in oncology, solid organ and bone marrow transplant and infectious disease treatment, research and education. - regional leader in cardiovascular and neurosciences. - Nebraska medicine earned 4-star vizient rankings across all three of its scorecards: academic medical centers (Nebraska medical center), community hospitals (bellevue medical center) and ambulatory. - american college of surgeons (acs) verified level 1 trauma center admitting pediatric and adult patients 24/7. - named best hospital in Nebraska for 14 consecutive years by u.s. News & world report. - Nebraska medical center named one of the world's best specialized hospitals by newsweek. - national consumer loyalty award winner from nrc health. - named to forbes list of best-in-state employers for seven consecutive years. - magnet recognition from the american nurses credentialing center since 2008. - Nebraska's safest companies award from the national safety council for 18 consecutive years. - himms analytics stage 7 designation for inpatient and outpatient primary care is the highest certification for electronic medical record adoption.

Financial Efficiency

• Mission deployment rate: 90.1%; rating input score 90
• Program expense ratio: 99.5%; rating input score 100
• Fundraising efficiency: $43.9 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 6 of 6 controls in place; rating input score 100
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 55th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 60%; rating input score 60; 16th 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: 9.9%; rating input score 72; 72nd percentile among comparable filings
• Total-asset coverage ratio: 1.06; rating input score 41; 41st percentile among comparable filings
• Liabilities to assets ratio: 0.35; rating input score 50; 50th percentile among comparable filings
• Officer compensation ratio: 0.6%; rating input score 82; 82nd percentile among comparable filings

Growth

• Program expense growth: 8.9% per year; rating input score 100; 70th percentile among comparable filings
• Revenue growth: 8.5% per year; rating input score 100; 70th percentile among comparable filings
• Asset growth: 9.1% per year; rating input score 100; 65th percentile among comparable filings