Tidalhealth Peninsula Regional Inc

What it reported doing in 2024

See schedule otidalhealth peninsula regional is a not-for-profit 501(c)(3) non-stock corporation founded in 1897 to serve the health care needs of the community. The hospital's primary purpose is to provide the highest primary, secondary, and selected tertiary health care services to residents of and visitors to the mid-delmarva peninsula in a competent, compassionate, and cost-effective manner designed to elicit a high degree of customer satisfaction. The hospital's mission is to improve the health of the communities we serve by providing quality medical care regardless of race, creed, sex, national origin, handicap, or age. If a patient is unable to pay due to financial resources, efforts will be taken to assure care at an affordable cost, or obtained assistance through appropriate agencies on the patient's behalf. Emergency services care will be provided to everyone regardless of ability to pay.tidalhealth peninsula regional served over 18,500 inpatients and provided more than 450,000 outpatient services during fiscal 2025. Food service provided more than 570,000 meals to patients and employees. Although reimbursement for services rendered is critical to the operation and stability of tidalhealth peninsula regional, it is recognized that not all individuals possess the ability to pay for essential medical services. The hospital, in keeping with the commitment to serve all members of the community, during fiscal 2025 provided: charity and other allowances totaling $56,100,052discounts to third party payors including government programs such as medicare and medicaid $56,941,180write-off of uncollectible accounts $15,282,131the total unreimbursed value of providing care to these patients is $128,323,363also provided are many wellness programs, community education and free programs offered throughout the year based upon activities and services that tidalhealth peninsula regional believes will serve a bona fide community health need. Some of the programs are as follows: - a variety of brochures are displayed in all hospital waiting areas to educate members of the community regarding programs and services.- we provide childbirth preparation classes, exercise classes for prenatal and postpartum women and cpr classes.- we provide assistance to educators through our work with student nurses, radiology, respiratory and laboratory technicians.program activityduring fy 2025, tidalhealth peninsula regional performed community outreach activities associated with flu clinics and wellness activities and a mobile health initiative aimed to reduce unnecessary use of the 911 ems system and emergency department. Specific examples of education and outreach programs, support groups, community health screenings, and fitness and wellness activities supported by tidalhealth peninsula regional are as follows: classes and educational support groups:-childbirth classes-diabetes support group -cancer support classes and support groups-family support group-parkinson's support group-stress reduction and resiliency training events: -community screenings -height/weight, blood pressure -skin cancer screenings-oral, head and neck cancer screenings-hearing screenings-flu clinic -educational exhibits to promote healthy lifestyles fitness/exercise programming:-cardiac rehabilitation-exercises for strength and endurance-health and wellness for seniors

Financial Efficiency

• Mission deployment rate: 83.2%; rating input score 83
• Program expense ratio: 89.5%; rating input score 90
• Fundraising efficiency: $5.29 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 91.7%; rating input score 92; 8th 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: Limited

Accountability

• Independent voting board: 83.3%; rating input score 83; 31st 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: 9.2%; rating input score 70; 70th percentile among comparable filings
• Total-asset coverage ratio: 1.35; rating input score 50; 50th percentile among comparable filings
• Liabilities to assets ratio: 0.21; rating input score 67; 67th percentile among comparable filings
• Officer compensation ratio: 0.2%; rating input score 92; 92nd percentile among comparable filings

Growth

• Program expense growth: 3.2% per year; rating input score 100; 23rd percentile among comparable filings
• Revenue growth: 3.3% per year; rating input score 100; 25th percentile among comparable filings
• Asset growth: 3.6% per year; rating input score 100; 25th percentile among comparable filings