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Valley Regional Hospital Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020222118 ✦ Claremont, NH ✦ Designated as a 501(c)(3)

Overview

What is Valley Regional Hospital Inc?

Valley Regional Hospital Inc, located at 243 Elm Street, Claremont, NH, is a nonprofit healthcare provider serving the local community. With 419 employees, the hospital offers essential healthcare services, including granting credit to patients, mostly local residents, and providing care to those who meet specific criteria under its Financial Assistance policy, free of charge or at reduced rates. The hospital maintains records to monitor and manage financially-assisted care, reporting $778,000 in charges forgone for the year ending September 30, 2022. Valley Regional Hospital engages in various community initiatives, providing health evaluations, screenings, flu vaccine administration, and health education programs at community events and workplaces. They also offer wellness, chronic disease management, fitness, and ergonomic programs, which primarily receive little or no payment. Additionally, the hospital contributes its expertise, committees, and board members to address community needs, support community health initiatives, and advocate for individuals facing social, economic, and physical challenges. The hospital collaborates with local public safety organizations to further enhance community benefits. Its mission is to improve community health, patient experience, and value by ensuring access to high-quality, value-driven healthcare services.


Official website here: www.vrh.org

Is Valley Regional Hospital Inc legitimate?

Valley Regional Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Regional Hospital Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $852,912
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,303,516

For more financial information, click here


Official website here: www.vrh.org

What is the mission statement of Valley Regional Hospital Inc?

Valley Regional Hospital Inc is dedicated to enhancing community health, enhancing patient experiences, and delivering value in healthcare services. Their mission is to collaborate with the community to optimize health by granting access to high-value care. The hospital extends financial assistance to patients who meet certain criteria, absorbing the cost difference between the provided services and what's covered by Medicaid and state programs. Additionally, the hospital provides various community services such as health evaluations, screenings, vaccinations, health education, wellness programs, and ergonomic initiatives, which often receive little or no payment. Furthermore, the hospital contributes to community needs by providing expertise, advocacy, and collaboration with local organizations.


Official website here: www.vrh.org

Who is the CEO of Valley Regional Hospital Inc?

Jocelyn Caple is the Principal Officer of Valley Regional Hospital Inc. The CEO's salary of Valley Regional Hospital Inc is $0 and their total compensation is $390,600.


Official website here: www.vrh.org

What is the revenue of Valley Regional Hospital Inc?

Valley Regional Hospital Inc's revenue in 2022 was $62,071,940.


Official website here: www.vrh.org

Who are the executives of Valley Regional Hospital Inc and what are their salaries?

The average compensation at Valley Regional Hospital Inc during 2022 was $50,493. There are 419 employees and 15 volunteers at Valley Regional Hospital Inc.

Here are 24 key members and their salaries (Valley Regional Hospital Inc's CEO's salary is $0 and their total compensation is $390,600):

    Jeffrey A Hanissian (Physician)
  • Compensation: $367,400
  • Related: $0
  • Other: $39,189

    • Jocelyn Caple Md (Interim President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $390,600
  • Other: $0

    • Joel P Herrington (Physician)
  • Compensation: $360,308
  • Related: $0
  • Other: $29,694

    • Charles M Sawyer (Physician)
  • Compensation: $362,918
  • Related: $0
  • Other: $17,499

    • Joshua R Rudner (Physician)
  • Compensation: $321,342
  • Related: $0
  • Other: $15,238

    • Ivar L Frithsen (Physician)
  • Compensation: $299,510
  • Related: $0
  • Other: $16,176

    • Juliann Barrett Do (Trustee)
  • Compensation: $246,853
  • Related: $0
  • Other: $3,462

    • Beverley A Rankin (Cno)
  • Compensation: $185,771
  • Related: $0
  • Other: $33,547

    • Jean Shaw (Cfo)
  • Compensation: $0
  • Related: $177,779
  • Other: $38,577

    • Gailyn Thomas Md (Trustee)
  • Compensation: $193,228
  • Related: $0
  • Other: $0

    • Brenda L Slossberg (Nurse Practitioner)
  • Compensation: $177,041
  • Related: $0
  • Other: $13,010

    • Patricia Putnam (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terri Decker (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Richmond (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Huot (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Borchert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Bouranis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia L Burr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Crainich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine Lajoie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Scott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel Shields (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Sullivan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Tomlinson (Past Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.vrh.org

    Where can I find the form 990 for Valley Regional Hospital Inc?

    The Valley Regional Hospital Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.vrh.org

    Learn more at the official website: www.vrh.org

    Mission Statement of Valley Regional Hospital Inc

    Valley Regional Hospital Inc, a prominent healthcare provider, is dedicated to enhancing community health, enhancing patient experiences, and promoting value. The organization's overarching objective is to collaborate with the community to optimize health by ensuring access to high-value healthcare services.

    Valley Regional Hospital Inc goes above and beyond in its commitment to providing essential healthcare services to local residents, many of whom require financial assistance. The institution grants credit to a substantial number of patients and offers care to those who meet specific eligibility criteria under its Financial Assistance policy, without charging or at reduced rates. In the fiscal year ending September 30, 2022, the Hospital forgone approximately $778,000 in charges for services and supplies under its charity care policy, with an estimated cost of around $477,000.

    Furthermore, Valley Regional Hospital Inc extends its reach by offering an array of services to disadvantaged and elderly patients. Unfortunately, Medicaid and state programs do not fully cover the Hospital's costs for providing medical care to these patients. In addition to these services, the Hospital participates in community initiatives, providing health evaluations, screenings, and flu vaccine administration at community events and workplaces. The organization also offers health education, wellness, chronic disease management, fitness, and ergonomic programs, for which they receive little or no payment.

    Valley Regional Hospital Inc's contribution to the community extends beyond monetary value. The institution lends its expertise and resources to address community needs, support health initiatives, and advocate for individuals facing social, economic, and physical challenges. Moreover, the Hospital collaborates with local public safety organizations to ensure the well-being of its community.

    Impact

    This information is meant to be a general summary of Valley Regional Hospital Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Valley Regional Hospital Inc, a critical access hospital located in Claremont, NH, has a significant impact on the local community. The hospital provides essential health services to local residents, offering care to patients in need through its Financial Assistance policy. In the year ending September 30, 2022, the hospital forgave approximately $778,000 in charges for services and supplies provided under its charity care policy, demonstrating its commitment to supporting those who require financial assistance.

    Additionally, Valley Regional Hospital goes beyond providing medical treatment by offering various community services such as health evaluations, screenings, flu vaccine administration, health education, wellness programs, chronic disease management, fitness programs, and more. These initiatives benefit not only individuals in need but also contribute to the overall well-being of the community.

    Furthermore, the hospital actively participates in addressing community needs, supporting health initiatives, advocating for socially, economically, and physically challenged individuals, and collaborating with local public safety organizations. This engagement highlights Valley Regional Hospital's dedication to improving community health, patient experience, and value, aligning with its mission to partner with the community to optimize health care access.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,891,469
  • Program Service Revenue: $55,397,090
  • Gross Receipts: $66,526,601

    • Assets and Liabilities:
  • Total Assets: $66,016,739
  • Total Liabilities: $23,687,768
  • Net Assets: $42,328,971
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Patient Service Revenue

    Revenue

    $82,501,918

    Medicaid DSH Revenue

    Revenue

    $3,099,689

    Other Revenue

    Revenue

    $1,095,054

    Charity/Contractual Adjustment

    Revenue

    $-31,299,571

    Organization Details

    Founding Year

    1893

    Principal Officer

    Jocelyn Caple

    Main Address

    243 Elm Street, Claremont, NH, 03743

    NTEE Category

    Code: E22 - Health

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