Overview
What is Cheshire Medical Center?
Cheshire Medical Center is a not-for-profit community hospital located in Keene, New Hampshire. Established as a Section 501(c)(3) organization, it is exempt from federal income taxes and is affiliated with Dartmouth-Hitchcock Health (D-HH). Both organizations share a commitment to improving population health, value-based care, and creating new payment models for the benefit of the citizens of New Hampshire and Vermont. Cheshire Medical Center offers a wide range of patient services and health-related community services, providing a full spectrum of care in acute and critical medicine, surgery, and rehabilitation. In FY22, the hospital had 237,506 provider visits, 3,641 hospital admissions and discharges, and 23,867 emergency department visits. The hospital employs a total of 1,369 individuals, including 141 physicians and 85 associate providers. Cheshire Medical Center files an annual community benefit report with the state of New Hampshire and provides various community-based education programs on chronic disease and wellness topics, as well as other initiatives. The hospital's community benefits totaled nearly $18 million in FY22, encompassing uncompensated care, health services, health professional education, subsidized health services, and community-building activities. The center aims to lead its community to optimal health and wellness through clinical and service excellence, collaboration, and compassion for every patient.
Official website here: www.cheshiremed.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.
Cheshire Medical Center has received a commendable score of 86%, reflecting a strong performance in Accountability and Finance. This score is based solely on a comprehensive evaluation of its financial practices, emphasizing the organization’s commitment to responsible financial management. The high marks in areas such as the majority independent board members and the presence of essential policies indicate a well-structured governance framework.
The organization excels in financial transparency, with a program expense ratio of 91.30%, suggesting that a significant portion of its expenses is directed toward its programs rather than administrative costs. Additionally, the absence of material diversion of assets and the presence of an Audit and Oversight Committee further enhance its credibility. These factors contribute positively to its overall rating, showcasing the center's accountability to its stakeholders.
However, the liabilities to assets ratio stands at 63.77%, which might indicate some financial strain and could be a point of concern for potential donors or stakeholders. While the organization demonstrates solid operational practices, addressing this liability aspect could strengthen its financial position and overall stability in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Cheshire Medical Center legitimate?
Cheshire Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cheshire Medical Center 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,028,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,497,424
For more financial information, click here
Official website here: www.cheshiremed.org
What is the mission statement of Cheshire Medical Center?
Cheshire Medical Center is dedicated to leading their community towards optimal health and wellness. They achieve this through clinical and service excellence, collaboration, and compassion for every patient, every time. As a not-for-profit organization, they are committed to improving population health, value-based care, and creating new payment models. The medical center offers a wide range of patient services and health-related community programs, including a full range of acute and critical medicine, surgery, and rehabilitation. In FY22, they provided over 237,000 provider visits and had 3,600 hospital admissions and discharges. Their community benefits include the cost of various education programs, such as stress management, nutrition, and advanced directive planning, amounting to nearly $18 million. These contributions, along with over $16.6 million in unreimbursed Medicare costs absorbed by the center, significantly contribute to the community.
Official website here: www.cheshiremed.org
Who is the CEO of Cheshire Medical Center?
Unavailable The CEO's salary of Cheshire Medical Center is $0 and their total compensation is $592,942.
Official website here: www.cheshiremed.org
What is the revenue of Cheshire Medical Center?
Cheshire Medical Center's revenue in 2022 was $264,934,375.
Official website here: www.cheshiremed.org
Who are the executives of Cheshire Medical Center and what are their salaries?
The average compensation at Cheshire Medical Center during 2022 was $55,899. There are 1369 employees and 132 volunteers at Cheshire Medical Center.
Here are 31 key members and their salaries (Cheshire Medical Center's CEO's salary is $0 and their total compensation is $592,942):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $340,559
- Other: $58,447
- Compensation: $0
- Related: $532,018
- Other: $60,924
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $317,478
- Other: $63,484
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $511,050
- Other: $47,026
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $522,010
- Other: $64,127
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $262,094
- Other: $20,598
- Compensation: $0
- Related: $472,635
- Other: $40,585
- Compensation: $0
- Related: $813,774
- Other: $59,990
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $217,678
- Related: $0
- Other: $20,232
- Compensation: $185,717
- Related: $0
- Other: $26,972
- Compensation: $307,365
- Related: $0
- Other: $25,720
- Compensation: $0
- Related: $258,744
- Other: $27,974
- Compensation: $255,516
- Related: $0
- Other: $41,250
- Compensation: $163,231
- Related: $0
- Other: $9,464
- Compensation: $162,568
- Related: $0
- Other: $44,316
- Compensation: $164,505
- Related: $0
- Other: $29,980
- Compensation: $192,864
- Related: $0
- Other: $51,929
- Compensation: $0
- Related: $396,259
- Other: $60,208
- Compensation: $0
- Related: $393,259
- Other: $57,512
Official website here: www.cheshiremed.org
Where can I find the form 990 for Cheshire Medical Center?
Cheshire Medical Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cheshiremed.org
Learn more at the official website: www.cheshiremed.org
Mission Statement of Cheshire Medical Center
Cheshire Medical Center, a renowned not-for-profit organization, is dedicated to leading its community towards optimal health and wellness. With a strong commitment to clinical and service excellence, collaboration, and compassion, the medical center prioritizes the needs of every patient.
Consistent with its mission, Cheshire Medical Center offers a comprehensive range of patient services and health-related community programs. These services encompass acute and critical medicine, surgery, and rehabilitation. In the past fiscal year, the medical center provided over 237,500 provider visits and had 3,641 hospital admissions and discharges. The emergency department was open 24 hours a day, 7 days a week, and attended to 23,867 ER patient visits. With a team of 226 providers, including 141 physicians and 85 associate providers, Cheshire Medical Center strives to improve population health, value-based care, and create new payment models for the benefit of its community.
Cheshire Medical Center's community benefits extend beyond the scope of its clinical services. Each year, the organization files an annual community benefit report with the state of New Hampshire, outlining its contributions to the community. These offerings include the cost of community-based education programs on various chronic disease and wellness topics, such as stress management, nutrition, physical education, and exercise, high blood pressure prevention and monitoring, diabetes prevention and monitoring, and advanced directive planning, among others. In total, the medical center provided nearly $18 million in community benefits, including uninsured charity care, health services, health professional education, subsidized health services, and community-building activities. These invaluable contributions, in addition to the over $16.6 million dollars in uncompensated Medicare costs absorbed by Cheshire Medical Center, continue to shape the lives of numerous individuals in the community.
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Impact
October, 2024
Cheshire Medical Center (CMC) plays a vital role in enhancing the health and wellness of the community in Keene, New Hampshire, through its commitment to clinical and service excellence. The hospital offers a comprehensive range of services, including acute and critical care, surgery, and rehabilitation, effectively catering to the diverse medical needs of the population.
With a dedicated team of 226 healthcare providers, including 141 physicians, CMC is equipped to handle a substantial patient load; in the fiscal year 2022 alone, it recorded over 237,000 provider visits. The hospital's emergency department is a key component of its services, providing 24/7 access to urgent medical care for nearly 24,000 patients.
CMC’s impact extends beyond immediate healthcare services. It actively engages in community health activities, addressing wellness topics such as nutrition, stress management, and chronic disease prevention. By investing almost $18 million in community benefits, CMC demonstrates its commitment to supporting a healthier community, which includes subsidized health services and health profession education initiatives.
Additionally, CMC's affiliation with Dartmouth-Hitchcock Health reinforces its mission to improve population health, advocate for value-based care, and explore innovative payment models that benefit residents of New Hampshire and Vermont. Through these efforts, Cheshire Medical Center not only responds to healthcare needs but also fosters a healthier community through education, prevention, and compassionate care.
This information is meant to be a general summary of Cheshire Medical Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $309,882
- Program Service Revenue: $242,040,743
- Gross Receipts: $264,934,375
Assets and Liabilities:
- Total Assets: $152,302,112
- Total Liabilities: $79,884,192
- Net Assets: $72,417,920
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$239,590,853
PHARMACY REVENUE
Revenue
$2,334,317
Laboratory Services
Revenue
$115,573
Organization Details
Founding Year
1980
Phone
(603) 354-5400Main Address
580 - 590 Court Street, Keene, NH, 034315400
Website
www.cheshiremed.orgNTEE Category
Code: E220 - Health
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