Union Hospital Inc

What it reported doing in 2024

Union hospital (uhi), union hospital clinton (uhc), and our network of primary care physicians join together to provide comprehensive care to residents of west central Indiana and eastern Illinois. Our facilities at union hospital include two hospitals and more than 400 primary and specialty care physicians and mid-level providers. We are the largest provider of not-for-profit health care services between indianapolis and st. Louis along the i-70 corridor, serving vigo, parke, vermillion, clay, sullivan and greene counties in Indiana, and clark and edgar counties in Illinois as our primary service area. Our secondary service area includes crawford county in Illinois.continue to schedule o: union hospital has been serving communities in west central Indiana and east central Illinois for the past 133 years. Union hospital serves 250,000 people in both urban and rural areas; clay, greene, sullivan, parke, vermillion and vigo counties in Indiana along with clark and crawford counties in Illinois make up our primary service area as it relates to community benefit. The majority of families in our service area fall significantly below the national and state median household income. As the largest not-for-profit healthcare provider between st. Louis and indianapolis, we are proud to be the safety net hospital for our community providing over $71 million in total community benefits, that include $8.9 million in charity care to our community. The people who make up uhi are devoted to helping others. Whether they provide care to patients in our hospitals and clinics, perform free health screenings at community health fairs, volunteer for community service organizations and causes, or organize fundraisers for fellow employees in need, our employees exemplify a spirit of caring.

Financial Efficiency

• Mission deployment rate: 77%; rating input score 77
• Program expense ratio: 88.5%; rating input score 89
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 66.7%; rating input score 67; 19th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • 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: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 12.2%; rating input score 77; 77th percentile among comparable filings
• Total-asset coverage ratio: 1.16; rating input score 45; 45th percentile among comparable filings
• Liabilities to assets ratio: 0.43; rating input score 42; 42nd percentile among comparable filings
• Officer compensation ratio: 1.9%; rating input score 57; 57th percentile among comparable filings

Growth

• Program expense growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings
• Revenue growth: 4.2% per year; rating input score 100; 34th percentile among comparable filings
• Asset growth: 3.7% per year; rating input score 100; 26th percentile among comparable filings