Overview
What is Legacy Health?
Legacy Health is a prominent Oregon-based, nonprofit healthcare system founded on the principles of community care, compassion, and excellence. It was established in 1970, drawing upon the traditions of community health care organizations, the healing ministries of the Lutheran and Episcopal Churches, and local physicians. Legacy is the largest nonprofit healthcare system in Oregon and a significant employer in the Portland metropolitan area. The system offers a comprehensive range of health services, including acute and critical care, inpatient and outpatient treatment, primary and specialty physician services, hospice, laboratory, research, education, and various specialties. It operates six hospitals and inpatient and home hospice programs. Legacy is a unique organization that provides care regardless of the ability to pay, making it a significant provider of uncompensated care in the region. Legacy's charitable initiatives include offering discounted or free healthcare services to individuals with insufficient resources or no insurance coverage. The charity care criteria are based on eligibility for insurance coverage, household income, and other information supporting a patient's inability to pay. In 2022, Legacy provided charity care on over 48,000 patient accounts, with around 6,000 inpatient accounts and 42,000 outpatient accounts. The top five services provided to charity care recipients were emergency/trauma, surgery, cardiovascular, pediatrics, and general acute care. Additionally, Legacy participates in various state Medicaid programs and provides services to Medicare beneficiaries and other government program beneficiaries, though the cost of providing these services often exceeds the reimbursement from these programs. Legacy employs financial counselors and social workers to help patients secure coverage for their healthcare needs through third-party sources, such as workers compensation, motor vehicle accident policies, COBRA, veterans' assistance, and public assistance programs like Medicaid.
Official website here: www.legacyhealth.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Legacy Health has received an overall score of 81%, reflecting a strong emphasis on accountability and finance. The charity's performance is notably supported by its independent governance, with 70% of board members being independent and a robust financial oversight structure. The organization has no reported material diversion of assets, and it adheres to transparency practices by listing its website on tax forms and maintaining comprehensive policies, such as conflict of interest and whistleblower protections.
The charity excels in its program expense ratio, utilizing an impressive 99.41% of its budget for program services, which indicates a commitment to its mission and efficient use of resources. However, the organization faces a challenge with its liabilities to assets ratio, scoring 0 out of 15 points, which may signal potential concerns regarding financial stability. This aspect could warrant further examination for donors interested in the long-term sustainability of the organization.
While Legacy Health demonstrates strong accountability and a commitment to transparency, potential donors should consider the implications of its financial health regarding liabilities. Overall, the charity's strengths in governance and program expenditure may appeal to those seeking to support a responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Health legitimate?
Legacy Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Health 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: $11,585,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $121,749,407
For more financial information, click here
Official website here: www.legacyhealth.org
What is the mission statement of Legacy Health?
Legacy Health is a distinctive health care system rooted in the ethos of community care, the healing philosophies of the Lutheran and Episcopal Churches, and the commitment of local physicians. Founded in 1970, this network of healthcare providers is dedicated to delivering care, compassion, and excellence. Each provider contributes their unique strengths, enhancing Legacy's overall capacity to serve its communities. Legacy encompasses an extensive range of health services, including hospitals, hospice, research, education, and various specialties. The system's integrated network ensures comprehensive care for its patients.
Official website here: www.legacyhealth.org
Who is the CEO of Legacy Health?
Kathryn Correia is the President & Ceo of Legacy Health. The CEO's salary of Legacy Health is $1,725,220 and their total compensation is $1,811,699.
Official website here: www.legacyhealth.org
What is the revenue of Legacy Health?
Legacy Health's revenue in 2022 was $316,347,594.
Official website here: www.legacyhealth.org
Who are the executives of Legacy Health and what are their salaries?
The average compensation at Legacy Health during 2022 was $7,589. There are 17570 employees at Legacy Health.
Here are 44 key members and their salaries (Legacy Health's CEO's salary is $1,725,220 and their total compensation is $1,811,699):
- Compensation: $1,725,220
- Related: $0
- Other: $86,479
- Compensation: $1,065,077
- Related: $0
- Other: $92,568
- Compensation: $767,254
- Related: $0
- Other: $136,117
- Compensation: $837,787
- Related: $0
- Other: $61,371
- Compensation: $611,138
- Related: $0
- Other: $98,640
- Compensation: $576,338
- Related: $0
- Other: $122,473
- Compensation: $568,644
- Related: $0
- Other: $91,017
- Compensation: $520,082
- Related: $0
- Other: $99,838
- Compensation: $478,951
- Related: $0
- Other: $23,664
- Compensation: $395,289
- Related: $0
- Other: $79,546
- Compensation: $379,648
- Related: $0
- Other: $79,923
- Compensation: $389,799
- Related: $0
- Other: $62,026
- Compensation: $369,603
- Related: $0
- Other: $64,984
- Compensation: $373,480
- Related: $0
- Other: $57,623
- Compensation: $368,166
- Related: $0
- Other: $51,925
- Compensation: $325,680
- Related: $0
- Other: $85,829
- Compensation: $356,166
- Related: $0
- Other: $42,794
- Compensation: $327,633
- Related: $0
- Other: $61,731
- Compensation: $338,491
- Related: $0
- Other: $41,590
- Compensation: $0
- Related: $312,647
- Other: $40,814
- Compensation: $333,096
- Related: $0
- Other: $14,782
- Compensation: $264,726
- Related: $0
- Other: $49,559
- Compensation: $272,754
- Related: $0
- Other: $20,783
- Compensation: $231,768
- Related: $0
- Other: $35,661
- Compensation: $0
- Related: $222,197
- Other: $27,116
- Compensation: $184,437
- Related: $0
- Other: $15,758
- Compensation: $117,186
- Related: $0
- Other: $24,178
- Compensation: $45,000
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $8,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.legacyhealth.org
Where can I find the form 990 for Legacy Health?
Legacy Health's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.legacyhealth.org
Learn more at the official website: www.legacyhealth.org
Mission Statement of Legacy Health
Legacy Health, a unique health care system founded on the values of community health care organizations, the healing ministries of the Lutheran and Episcopal Churches, and community physicians, is dedicated to providing compassionate and excellent care. Established in 1970, this system of health care providers brings together the individual strengths and traditions of each organization, enabling Legacy to make a greater impact on the communities it serves. Legacy is a leading nonprofit health care system in Oregon, with over 6,000 employees and an integrated network of health care services.
Legacy's mission is grounded in the tradition and values of community health care organizations, the healing ministries of the Lutheran and Episcopal Churches, and community physicians. These values are reflected in the system's commitment to dedicated health services, care, compassion, and excellence. Legacy provides a comprehensive range of health care services, including acute and critical care, inpatient and outpatient treatment, primary and specialty physician services, hospice, laboratory, research, education, and various specialty services. The system's facilities include six hospitals and inpatient and home hospice programs.
Legacy's unique approach to health care is rooted in its community-focused mission. By combining the strengths and traditions of its various partners, Legacy creates a health care system that is of greater benefit to the communities it serves. This mission has positioned Legacy as a leading health care provider in Oregon and one of the largest employers in the Portland metropolitan area.
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Impact
October, 2024
Legacy Health significantly impacts the healthcare landscape in the Portland metropolitan area through its expansive range of services and commitment to community wellness. The organization operates six hospitals and numerous outpatient facilities, providing a comprehensive network of acute and critical care, specialty services, and hospice support. By prioritizing care that is accessible and compassionate, Legacy Health ensures that individuals, regardless of their financial circumstances, receive necessary medical attention.
A cornerstone of Legacy Health's approach is its extensive provision of uncompensated care, which amounted to over $292 million in fiscal year 2022. This commitment enables the health system to deliver essential services to uninsured and underinsured patients. Legacy Health offers a charity care program with substantial discounts for patients based on income and asset eligibility, ensuring affordable access to healthcare for those in need. In 2022, they provided charity care for nearly 49,000 patient accounts, covering critical services such as emergency trauma, surgery, and pediatrics.
Beyond direct patient care, Legacy Health actively engages in community benefit activities, investing over $26 million in initiatives that promote health education and wellness within the community. By employing financial counselors and social workers, Legacy supports patients in navigating healthcare coverage options, further alleviating financial burdens.
Overall, Legacy Health plays a pivotal role in enhancing health outcomes in the region, fostering a model of care rooted in community service, dedicated support, and an unwavering commitment to public health.
This information is meant to be a general summary of Legacy Health. 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: $65,889,066
- Program Service Revenue: $244,311,919
- Gross Receipts: $351,580,891
Assets and Liabilities:
- Total Assets: $2,251,797,785
- Total Liabilities: $1,749,474,194
- Net Assets: $502,323,591
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENIENCE OF MEMBERS
Revenue
$238,811
LEGACY CONNECT
Revenue
$2,907,243
MANAGEMENT FEES
Revenue
$253,643,926
PARTNERSHIP INCOME
Revenue
$33,692,822
PHYSICIAN NETWORK
Revenue
$7,696,966
Organization Details
Founding Year
1970
Phone
(503) 415-5600Principal Officer
Kathryn Correia
Main Address
1919 NW LOVEJOY STREET, PORTLAND, OR, 97209
Website
www.legacyhealth.orgNTEE Category
Code: E210 - Health
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