Wyoming Medical Center Inc

What it reported doing in 2024

Guided by and deeply devoted to the nonprofit mission: "making health care easier, so life can be better," Wyoming medical center, is committed to providing a wide range of quality care, based on the needs of the community. Located in the county seat of casper Wyoming, the second most populous city in Wyoming, the level two trauma center serves as a regional referral center and primary facility for natrona county residents. Wyoming medical center provides a wide range of quality care services including cardiology, women and infants' services, pediatrics, bariatrics, surgery, imaging, neurology, oncology, rehabilitation, and endocrinology. Wyoming medical center has a strong history of dedication to its community and providing care to underserved populations and continues to help identify additional opportunities to better care for populations within the community who have special or unmet needs.Wyoming medical center is dedicated to strengthening patient care through a continuous focus on improving patient outcomes and service, development and training of an engaged workforce, use of innovative technologies, and expansion of services to meet community needs. People have always come first and whether welcoming newborns, or providing care for thriving in later years, our patients provide the motivation that keeps us moving forward. At all stages in life, Wyoming medical center meets the health and medical needs of its patients through compassionate professionals and outstanding service. Wyoming medical center reach provides patients with access to these services be it from a hospital bed, mobile web site, virtual telehealth space, or physical presence in a clinic or physician's office. Wyoming medical center meets the patient where they are and at their desired locale. Wyoming medical center's mission is "making health care easier, so life can be better. And as a nonprofit organization, we exist to support our charitable mission of providing excellent health care services to the communities we serve, rather than generating income for investors or stockholders. Every dollar we earn is reinvested into new equipment, new or expanding patient care services, new physician services, modern technologies, maintaining existing equipment and facilities, and employees. Wyoming medical center preserves the dignity of everyone regardless of race, creed, sex, sexual orientation, gender identity, age, social status, or ability to pay for services rendered and operates in a cost-effective and financially responsible manner to ensure that all receive the excellent patient care they deserve. Fulfillment of the Wyoming medical center mission and exempt purpose is accomplished in part by providing patients financial assistance and charity care, as well as community benefit programs and services (see schedule h). Notable 2024 community benefit activities include: community education - Wyoming medical center has set its sights on improving the health of the communities it serves and focuses on providing the best possible care to patients. In this process, Wyoming medical center recognizes delivering excellent care is more than clinical treatment. Wyoming medical center is committed to providing education in all the communities it serves and doing its part to keep Wyoming medical center communities strong and healthy. Area residents and community members had access to in-person and online educational opportunities including classes, symposiums, presentations, and forums aimed at community health awareness. Topics included discussions specific to various diseases and disease prevention techniques, holistic therapies, wellness, caregiver support and safety. Covid 19 - Wyoming medical center focuses on emergency preparedness year-round to be able to respond to any public health crisis and the arrival of the covid-19 pandemic to the u.s. Put those plans into immediate action. Since then, Wyoming medical center has been ever present, providing quality-care

Financial Efficiency

• Mission deployment rate: 70.8%; rating input score 71
• Program expense ratio: 72.8%; rating input score 73
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 12th 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: 99.8%; rating input score 100; 45th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 0%; rating input score 0; 4th percentile among comparable filings
• Governance controls: 6 of 9 controls in place; rating input score 67
  • 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: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 3.1%; rating input score 48; 48th percentile among comparable filings
• Total-asset coverage ratio: 0.93; rating input score 37; 37th percentile among comparable filings
• Liabilities to assets ratio: 0.24; rating input score 63; 63rd percentile among comparable filings
• Officer compensation ratio: 5.5%; rating input score 14; 14th percentile among comparable filings

Growth

• Program expense growth: -1.6% per year; rating input score 0; 4th percentile among comparable filings
• Revenue growth: 0.7% per year; rating input score 100; 7th percentile among comparable filings
• Asset growth: 0.6% per year; rating input score 100; 9th percentile among comparable filings