Overview
What is Virtua Health Inc?
Virtua Health Inc, headquartered in Marlton, New Jersey, is a comprehensive healthcare system dedicated to helping the community be well, get well, and stay well. Through its affiliated entities, Virtua provides healthcare to those in need, with assistance programs extending beyond the state's Charity Care Program. They help individuals with incomes up to 500% of federal poverty guidelines, making healthcare more accessible to a larger population. Virtua offers inpatient and outpatient care, including emergency departments, clinics, comprehensive primary care, specialty services for infants, children, teens, and adults, subsidized women's clinics, behavioral health services, and emergency services. The costs associated with maintaining these services exceed reimbursements, allowing Virtua to alleviate the government's burden. With a mission to deliver a world-class patient experience and quality healthcare, Virtua is committed to supporting its related entities and investing in its healthcare team with resources, technology, and opportunities for professional growth.
Official website here: www.virtua.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Virtua Health Inc has received an overall rating of 81%, indicating a strong performance in terms of accountability and finance. This score is derived solely from its accountability metrics, reflecting the organization’s commitment to financial transparency and governance standards. The high percentage of independent board members and a well-structured audit committee contribute positively to its reputation.
The organization demonstrates strong financial practices, with a program expense ratio of 79.04%, which suggests that a significant portion of its expenses is allocated directly to its programs rather than administrative costs. Furthermore, Virtua Health has established various policies, such as conflict of interest and whistleblower policies, which are crucial for maintaining ethical standards and organizational integrity.
While the overall rating is commendable, potential donors and supporters should consider that the rating focuses exclusively on accountability and finance. There may be other factors related to program effectiveness or impact that are not reflected in this score, so further research into the organization’s mission and outcomes might be beneficial for a comprehensive understanding.
This AI summary has been generated from information found on Charity Navigator.
Is Virtua Health Inc legitimate?
Virtua Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virtua Health 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $6,253,902
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,069,784
For more financial information, click here
Official website here: www.virtua.org
What is the mission statement of Virtua Health Inc?
Virtua Health Inc is committed to enhancing the health and wellbeing of the community. Their mission extends beyond delivering excellent healthcare; they also aim to provide a remarkable patient experience. Virtua is a comprehensive healthcare system, dedicated to supporting its related entities, ensuring that each provides top-notch care to patients and their families. The organization prioritizes the well-being of its healthcare team by offering resources, technology, training, and opportunities for professional growth. Virtua's focus on both patients and team members reflects its dedication to improving the overall health of the community.
Official website here: www.virtua.org
Who is the CEO of Virtua Health Inc?
Dennis W Pullin is the President/Ceo of Virtua Health Inc. The CEO's salary of Virtua Health Inc is $3,045,242 and their total compensation is $3,096,351.
Official website here: www.virtua.org
What is the revenue of Virtua Health Inc?
Virtua Health Inc's revenue in 2022 was $448,633,936.
Official website here: www.virtua.org
Who are the executives of Virtua Health Inc and what are their salaries?
The average compensation at Virtua Health Inc during 2022 was $75,121. There are 2254 employees and 18 volunteers at Virtua Health Inc.
Here are 28 key members and their salaries (Virtua Health Inc's CEO's salary is $3,045,242 and their total compensation is $3,096,351):
- Compensation: $3,045,242
- Related: $0
- Other: $51,109
- Compensation: $1,410,413
- Related: $0
- Other: $50,840
- Compensation: $1,175,768
- Related: $0
- Other: $40,915
- Compensation: $1,061,582
- Related: $0
- Other: $46,724
- Compensation: $912,044
- Related: $0
- Other: $15,935
- Compensation: $819,432
- Related: $0
- Other: $46,881
- Compensation: $791,678
- Related: $0
- Other: $40,884
- Compensation: $646,156
- Related: $0
- Other: $54,983
- Compensation: $0
- Related: $646,422
- Other: $53,560
- Compensation: $620,472
- Related: $0
- Other: $43,612
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Official website here: www.virtua.org
Where can I find the form 990 for Virtua Health Inc?
Virtua Health Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.virtua.org
Learn more at the official website: www.virtua.org
Mission Statement of Virtua Health Inc
Virtua Health Inc, a comprehensive healthcare system headquartered in Marlon, NJ, is dedicated to helping the community be well, get well, and stay well. The mission of Virtua is to deliver a world-class patient experience and provide top-notch healthcare for the community through its related entities. Virtua is committed to supporting each of its related entities, enabling them to offer patients and their families an exceptional experience and the highest quality healthcare. The organization puts great emphasis on providing its healthcare team with essential resources, technology, and training, as well as opportunities for professional growth. By doing so, Virtua ensures that every patient receives the best possible care and attention. The healthcare system is passionate about enhancing the well-being of individuals in the community and strives to make a positive impact on their health and overall wellness.
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Impact
October, 2024
Virtua Health Inc significantly enhances community well-being by providing access to essential healthcare services, particularly for individuals experiencing financial hardship. By administering state programs such as New Jersey's Charity Care Program, Virtua extends financial assistance to those with incomes up to 300% of the federal poverty guidelines, and further supplements this through its own Charity Assistance Program that supports individuals with incomes up to 500% of the poverty level.
This commitment has allowed Virtua to offer critical healthcare services to a broader segment of the population, with over 40% of its assistance in 2022 provided through its program. Virtua's comprehensive healthcare system includes inpatient and outpatient services tailored to a diverse patient base, encompassing emergency care, primary care, behavioral health, and specialized gynecological and obstetrical services.
Virtua also absorbs costs associated with services provided to patients under medical assistance programs like Medicaid, which often do not reimburse the full expenses of care. This financial support alleviates some of the burden on government resources while ensuring that the community receives necessary healthcare services across various facilities.
Ultimately, Virtua Health Inc is dedicated to fostering a high-quality patient experience and building healthier communities through its commitment to accessible, responsive healthcare.
This information is meant to be a general summary of Virtua Health Inc. 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: $134,240
- Program Service Revenue: $418,982,353
- Gross Receipts: $449,132,499
Assets and Liabilities:
- Total Assets: $685,104,858
- Total Liabilities: $942,491,986
- Net Assets: -$257,387,128
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUPPORT SERVICES
Revenue
$418,982,353
Organization Details
Founding Year
1997
Phone
(856) 355-0620Principal Officer
Dennis W Pullin
Main Address
406 LIPPINCOTT DR J, MARLTON, NJ, 080533427
Website
www.virtua.orgNTEE Category
Code: E220 - Health
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