Overview
What is Childrens Hospital Anesthesia Corporation?
The Children's Hospital Anesthesia Corporation, also known as LCMC Health Anesthesia Corporation, is a nonprofit organization based in New Orleans, Louisiana. Established on July 1, 2000, this corporation operates in conjunction with and in support of the patient care, graduate medical education, and research missions of LCMC affiliated healthcare facilities. The corporation provides cost-effective, comprehensive anesthesia and anesthesia-related services to the communities served by the LCMC Health System. In 2021, nearly 39% of their total gross patient revenues came from the Medicaid population. The organization does not discriminate on the basis of a patient's ability to pay and provided over $509,551 in free care during the same year. The mission of the corporation is to engage in the practice of medicine in conjunction with LCMC affiliated healthcare facilities and managed care facilities, delivering essential anesthesia services to the local community. With a workforce of 218 employees, the Children's Hospital Anesthesia Corporation remains committed to supporting the healthcare needs of the community it serves.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, earning a Two-Star out of Four Star rating
Childrens Hospital Anesthesia Corporation has achieved a Two-Star rating on Charity Navigator, indicating that while it meets some essential accountability and financial standards, there are significant areas for improvement. The organization scored well in areas such as financial oversight and conflict of interest policies, showcasing a commitment to ethical practices.
However, notable concerns arise from the lack of independent board members, which raises questions about governance and decision-making independence. Additionally, the organization did not score well on transparency measures, such as posting financial documents on its website, which may limit public trust and accountability.
Despite these issues, the organization demonstrates a strong program expense ratio, indicating that a significant portion of its budget is directed toward its mission. Overall, while there are positive aspects to the organization’s operations, transparency and governance practices need to be addressed to enhance its overall rating and public confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Childrens Hospital Anesthesia Corporation legitimate?
Childrens Hospital Anesthesia Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Childrens Hospital Anesthesia Corporation 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: $289,297
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,093,368
For more financial information, click here
What is the mission statement of Childrens Hospital Anesthesia Corporation?
The Children's Hospital Anesthesia Corporation was established to engage in the practice of medicine, working in conjunction with and supporting the patient care, graduate medical education, and research missions of LCMC affiliated healthcare facilities. Their primary goal is to provide cost-effective, comprehensive anesthesia and anesthesia-related services to the communities served by the LCMC Health System. By working together with LCMC affiliated healthcare facilities and managed care facilities, this corporation aims to contribute to the delivery of high-quality medical care.
Who is the CEO of Childrens Hospital Anesthesia Corporation?
Gregory C Feirn is the Board Member, Ceo Lcmc of Childrens Hospital Anesthesia Corporation. The CEO's salary of Childrens Hospital Anesthesia Corporation is $0 and their total compensation is $2,556,635.
What is the revenue of Childrens Hospital Anesthesia Corporation?
Childrens Hospital Anesthesia Corporation's revenue in 2021 was $40,921,301.
Who are the executives of Childrens Hospital Anesthesia Corporation and what are their salaries?
The average compensation at Childrens Hospital Anesthesia Corporation during 2021 was $162,306. There are 218 employees at Childrens Hospital Anesthesia Corporation.
Here are 9 key members and their salaries (Childrens Hospital Anesthesia Corporation's CEO's salary is $0 and their total compensation is $2,556,635):
- Compensation: $0
- Related: $2,522,120
- Other: $34,515
- Compensation: $0
- Related: $1,044,382
- Other: $26,933
- Compensation: $269,960
- Related: $0
- Other: $19,337
- Compensation: $596,298
- Related: $0
- Other: $36,003
- Compensation: $620,161
- Related: $0
- Other: $40,916
- Compensation: $627,853
- Related: $0
- Other: $41,044
- Compensation: $628,295
- Related: $0
- Other: $23,133
- Compensation: $674,812
- Related: $0
- Other: $36,394
- Compensation: $0
- Related: $1,265,643
- Other: $17,218
Where can I find the form 990 for Childrens Hospital Anesthesia Corporation?
Childrens Hospital Anesthesia Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Childrens Hospital Anesthesia Corporation
Children's Hospital Anesthesia Corporation (CHAC) was established with a mission to support the patient care, graduate medical education, and research initiatives of LCMC affiliated healthcare facilities. By practicing medicine in conjunction with these facilities, CHAC provides cost-effective, comprehensive anesthesia and anesthesia-related services to the communities served by the LCMC Health System. Through this collaboration, CHAC ensures high-quality healthcare and contributes to the ongoing education and research efforts within the system. CHAC's role is integral to the patient care process at LCMC affiliated healthcare facilities, where its team of healthcare professionals delivers anesthesia services with precision and expertise. The corporation's commitment to cost-effectiveness enables the LCMC Health System to offer affordable healthcare services to a wider population, ultimately improving the overall health and well-being of the communities it serves.
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Impact
August, 2024
Children's Hospital Anesthesia Corporation (CHAC) has a significant impact on the community by providing cost-effective comprehensive anesthesia services to support the patient care, graduate medical education, and research missions of LCMC affiliated healthcare facilities in New Orleans, LA. In 2021, CHAC served a substantial Medicaid population, representing 38.60% of total gross patient revenues. Furthermore, their commitment to providing care regardless of a patient's ability to pay is evident in the over $509,551 worth of free care rendered during the same year. CHAC's dedication to delivering high-quality anesthesia services contributes to the overall health and well-being of the communities served by the LCMC Health system.
This information is meant to be a general summary of Childrens Hospital Anesthesia Corporation. 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 2021.
- Program Service Revenue: $40,921,301
- Gross Receipts: $40,921,301
Assets and Liabilities:
- Total Assets: $9,380,564
- Total Liabilities: $9,375,689
- Net Assets: $4,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PHYSICIAN SERVICES
Revenue
$40,921,301
Organization Details
Founding Year
2000
Phone
(504) 896-9388Principal Officer
Gregory C Feirn
Main Address
1100 POYDRAS ST 2500 ENERGY CENTR, NEW ORLEANS, LA, 70163
NTEE Category
Code: E60 - Health
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