Overview
What is Ohio Valley Hospital Professional Liability Self Insurance?
Ohio Valley Hospital Professional Liability Self-Insurance serves as a financially prudent and cost-effective solution for covering malpractice claims within various medical facilities located in the Valley region. Its primary role is to provide malpractice insurance, safeguarding these facilities from potential legal liabilities in the healthcare sector. The organization is situated in McKees Rocks, Pennsylvania, specifically at 25 Heckel Road.
Official website here: www.heritagevalley.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
Ohio Valley Hospital Professional Liability Self Insurance has received a Three-Star rating from Charity Navigator, indicating a relatively good level of accountability and finance management. The overall score reflects a solid performance in areas such as governance, with an impressive 84% of board members being independent and a high score for their conflict of interest policy and whistleblower policy, among others.
The organization demonstrates effective financial management, as indicated by their zero liabilities to assets ratio. However, while they excel in governance and have appropriate policies in place, their program expense ratio of 52.72% suggests that a significant portion of funds may not be directed toward programmatic activities. This could be an area for improvement to enhance their impact.
In conclusion, Ohio Valley Hospital Professional Liability Self Insurance shows strengths in governance and financial health, but there are opportunities to increase the portion of expenses allocated to their programs, thereby potentially increasing their overall effectiveness and service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio Valley Hospital Professional Liability Self Insurance legitimate?
Ohio Valley Hospital Professional Liability Self Insurance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Valley Hospital Professional Liability Self Insurance 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.heritagevalley.org
What is the mission statement of Ohio Valley Hospital Professional Liability Self Insurance?
Ohio Valley Hospital Professional Liability Self Insurance provides malpractice insurance to various medical facilities within its network. Its mission is to offer a prudent and economical method for these facilities to manage their malpractice claims. The primary objective is to safeguard the medical institutions from potential financial liabilities arising from medical malpractice lawsuits. This self-insurance scheme aims to provide peace of mind to the medical facilities, allowing them to focus on delivering healthcare services without the constant fear of costly litigations.
Official website here: www.heritagevalley.org
Who is the CEO of Ohio Valley Hospital Professional Liability Self Insurance?
Norman F Mitry is the President & Ceo of Ohio Valley Hospital Professional Liability Self Insurance. The CEO's salary of Ohio Valley Hospital Professional Liability Self Insurance is $0 and their total compensation is $698,519.
Official website here: www.heritagevalley.org
What is the revenue of Ohio Valley Hospital Professional Liability Self Insurance?
Ohio Valley Hospital Professional Liability Self Insurance's revenue in 2022 was $127,190.
Official website here: www.heritagevalley.org
Who are the executives of Ohio Valley Hospital Professional Liability Self Insurance and what are their salaries?
There 16 volunteers at Ohio Valley Hospital Professional Liability Self Insurance.
Here are 21 key members and their salaries (Ohio Valley Hospital Professional Liability Self Insurance's CEO's salary is $0 and their total compensation is $698,519):
- Compensation: $0
- Related: $659,150
- Other: $39,369
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $573,514
- Other: $29,499
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $575,527
- Other: $29,361
- 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: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $443,423
- Other: $16,807
- Compensation: $0
- Related: $276,309
- Other: $32,414
Official website here: www.heritagevalley.org
Where can I find the form 990 for Ohio Valley Hospital Professional Liability Self Insurance?
Ohio Valley Hospital Professional Liability Self Insurance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heritagevalley.org
Learn more at the official website: www.heritagevalley.org
Mission Statement of Ohio Valley Hospital Professional Liability Self Insurance
Ohio Valley Hospital Professional Liability Self Insurance, in its mission, offers malpractice insurance to various medical facilities within the valley. This service is designed to provide a prudent and economical means for these facilities to manage their malpractice claims, ensuring financial protection and stability. By providing this insurance, Ohio Valley Hospital Professional Liability Self Insurance plays a crucial role in safeguarding the medical community, enabling them to focus on delivering quality healthcare without undue concern for potential legal liabilities.
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Impact
October, 2024
Ohio Valley Hospital Professional Liability Self Insurance significantly impacts the healthcare landscape in the Valley, particularly for medical facilities seeking malpractice coverage. By offering a prudent and economical solution for malpractice insurance, it enables local providers to effectively manage their financial risks associated with malpractice claims. This financial protection fosters a safer environment for both patients and healthcare professionals, encouraging comprehensive care within the community.
In addition, the organization's focus on serving Valley medical facilities ensures that these providers can sustain their operations and maintain quality services without the burden of excessive insurance costs. The mutual benefit approach strengthens collaboration among facilities, promoting shared resources and support within the healthcare system. Ultimately, this self-insurance model contributes to the stability and resilience of the regional healthcare network, benefitting both practitioners and patients alike.
This information is meant to be a general summary of Ohio Valley Hospital Professional Liability Self Insurance. 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: $12,190
- Gross Receipts: $148,739
Assets and Liabilities:
- Total Assets: $2,125,818
- Total Liabilities: $0
- Net Assets: $2,125,818
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Organization Details
Founding Year
1989
Phone
(412) 741-6600Principal Officer
Norman F Mitry
Main Address
25 HECKEL ROAD, MCKEES ROCKS, PA, 15136
Website
www.heritagevalley.orgNTEE Category
Code: Y20Z - Mutual benefit
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