Touro Infirmary

What it reported doing in 2024

Founded in 1852, touro infirmary (touro) is new orleans' only community based, non-profit, faith-based hospital. Since 2009, touro has been a part of lcmc health. For more than 165 years, touro has had a special place in the heart of the community, providing high quality, compassionate healthcare to the new orleans community. As a full-service hospital, touro offers medical, surgical, intensive care, obstetric, skilled nursing inpatient services, inpatient and outpatient rehabilitation services, and a 24-hour emergency department. As an adult, acute care hospital, touro offers comprehensive healthcare services at every stage of life, from delivering the second most babies in the state for any single hospital to providing cardiac, cancer, and rehabilitation care in a warm and healing (cont'd on sch. O) environment.the hospital provides inpatient, outpatient, emergency and critical care, home health and rehabilitation services. The hospital has 210 adult beds, 61 rehabilitation beds, 22 icu beds and 48 ob beds for a total of 341 licensed beds. The hospital treated 9,138 inpatients and had 237,851 outpatient visits in 2024. Also, in 2024 touro had 7,881 surgeries (inpatient, outpatient and ambulatory surgery center), 30,695 emergency department visits, and 2,317 deliveries. Lcmc health is a new orleans-based, non-profit health system on a mission to provide the best possible care for every person and parish in Louisiana and beyond, and bring a little more heart and soul to health care along the way. Originally founded by Louisiana's only freestanding children's hospital, they've grown into a healthcare system that is built to serve the needs of our communities. Today, lcmc health offers eight hospital locations. Plus, they also have a series of partnerships that help provide the most comprehensive care, including agreements with crescent city surgical centre, an urgent care partnership with premier health, and an investment in a retirement and rehab community.

Financial Efficiency

• Mission deployment rate: 82.2%; rating input score 82
• Program expense ratio: 80.2%; rating input score 80
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Missing
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.8%; rating input score 100; 45th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 81%; rating input score 81; 29th 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: -2.2%; rating input score 18; 18th percentile among comparable filings
• Total-asset coverage ratio: 1.02; rating input score 40; 40th percentile among comparable filings
• Liabilities to assets ratio: 0.42; rating input score 43; 43rd percentile among comparable filings
• Officer compensation ratio: 0.4%; rating input score 86; 86th percentile among comparable filings

Growth

• Program expense growth: 4.3% per year; rating input score 100; 33rd percentile among comparable filings
• Revenue growth: 2.7% per year; rating input score 100; 20th percentile among comparable filings
• Asset growth: 4.5% per year; rating input score 100; 32nd percentile among comparable filings