Virtua Health

What it reported doing in 2024

Cardiologyvirtua cardiology group provides the highest level of care available to patients over age 18 with a broad range of cardiac conditions.virtua cardiology group physicians specialize in medical cardiology, diagnosing and treating patient conditions including congenital heart defects, coronary artery disease, heart failure and vascular heart disease. Cardiologists specialize in many forms of diagnostic testing, such as stress testing, electrocardiography, heart rhythm monitoring, cardiac mri, coronary artery calcium scoring, coronary ct angiography, intravascular ultrasound, and nuclear cardiology.virtua's board certified interventional cardiologists specialize in the latest catheter-based strategies to treat complex coronary artery disease in the heart, as well as blockages in the leg, arm, and neck arteries. They also treat blood clots in the arteries of the lungs.virtua's heart failure program is recognized by the american heart association for outstanding care. This program focuses on improving quality of life and reducing risk of being readmitted to the hospital with complications.virtua's vein and vascular experts provide the latest minimally invasive treatments for vein and vascular conditions. Board certified physicians treat a full range of venous and vascular disorders, such as varicose and spider veins to arterial disorders, to life threatening blood clots.behavioral healthvirtua behavioral health clinicians provide a range of psychotherapy services to support emotional health through individual therapy sessions. Services provided include cognitive behavioral therapy, marital conunseling, as well as treatment for eating disorders, mood disorders, depression, anxiety, and substance abuse. Virtua also treats addiction through "the virtua medication for addiction treatment program." this program provides a comprehensive approach coupling highly effective medication with supportive behavioral therapy options. This is designed to help people with substance use disorders manage withdraw symptoms, prevent cravings, and achieve and maintain recovery.dentistrythe virtua camden dental center, located on the campus of virtua camden, provides a full range of affordable dentistry services through a fully-accredited general practice post graduate dental residency program. Routine and emergency dental care is offered by a team of experts which includes an attending staff of general dentists, post-graduate resident dentists, dental specialists and dental assistants.the modern office in the heart of camden serves an important community need and attracts patients from across south jersey.hospitalists and neurohospitalistsvirtua hospitalists provide round-the-clock medical care for patients while they are admitted in virtua marlton hospital, virtua memorial hospital, virtua voorhees hospital, and virtua willingboro hospital. Board certified in internal medicine, hospitalist physicians work exclusively in the hospital setting, acting as medical case managers to ensure that all patient needs are met during a hospital stay. Additionally, hospitalists provide an important link to patient's primary care or admitting physicians, supporting continuity of care when a patient is released from the hospital. Neurohospitalist physicians are board certified neurology physicians who spend the majority of their time in the hospital. They work in collaboration with the inpatient care team to provide specialized neurology care to our patients. Maternal-fetal medicine vmg's maternal-fetal medicine specialists in south jersey provide the highest level of care available to women with high-risk pregnancies.factors for high risk pregnancies include: chronic health conditions such as high blood pressure or diabetes family history pregnancies with multiples such as twins or triplets history of miscarriage or pre-term labor. In such cases, vmg's nationally recognized maternal-fetal medicine physicians, or perinatologists, partner with obstetricians to e

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 95.9%; rating input score 96
• 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: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 25%; rating input score 25; 10th 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: Fail
  • 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: -27.6%; rating input score 3; 3rd percentile among comparable filings
• Total-asset coverage ratio: 0.3; rating input score 10; 10th percentile among comparable filings
• Liabilities to assets ratio: 0.68; rating input score 23; 23rd percentile among comparable filings
• Officer compensation ratio: 2%; rating input score 55; 55th percentile among comparable filings

Growth

• Program expense growth: 17.6% per year; rating input score 100; 90th percentile among comparable filings
• Revenue growth: 16.2% per year; rating input score 100; 90th percentile among comparable filings
• Asset growth: 16% per year; rating input score 100; 88th percentile among comparable filings