Overview
What is Ivinson Memorial Hospital?
Ivinson Memorial Hospital is a trusted healthcare provider located in Laramie, Wyoming, serving the residents of Albany County and its surrounding area. With a population of approximately 32,000, Laramie is the largest city within their reach. The hospital caters to diverse healthcare needs, offering various services such as behavioral health, cardiac rehab, cardiopulmonary care, chaplain support, dialysis, discharge planning, emergency services, infection control, inpatient acute care, intensive care unit, oncology, pediatrics, pharmacy, radiation therapy, radiology, rehabilitation, sleep lab, and speech pathology. In the fiscal year ending June 30, 2022, the hospital recorded over 12,000 emergency visits, 83,000 outpatient visits, and 39,000 clinic visits. Additionally, Ivinson Memorial Hospital provided $1,929,829 in charity care during the same period. In 2022, the hospital was recognized as a top 100 rural facility by Chartis, based on its performance in market share, quality, outcomes, patient perspective, cost, charge, and financial efficiency. Ivinson Memorial Hospital has been honored with this recognition for five consecutive years. In the same year, the hospital received an A grade from The Leapfrog Group. The organization's mission is to build trust with their patients and with each other while delivering world-class healthcare services. Ivinson Memorial Hospital employs a workforce of 721 individuals.
Official website here: www.ivinsonhospital.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Ivinson Memorial Hospital has received an impressive Four-Star rating from Charity Navigator, with a score of 96%. This rating reflects the organization's strong commitment to accountability and finance, showcasing effective governance and financial health. The rating is based on a comprehensive evaluation of various factors, all of which indicate the hospital's dedication to transparency and responsible management of resources.
The organization excels in multiple areas, such as having a majority of independent board members and maintaining robust financial oversight through its audit committee. Furthermore, it demonstrates strong financial performance with a program expense ratio of 88.33%, indicating that a significant portion of its funds is directed toward its mission-related activities. The presence of policies related to conflicts of interest, whistleblower protections, and document retention highlights its commitment to ethical practices.
While the data indicates a strong performance, ongoing monitoring and evaluation of the hospital's operations will be essential to maintain these standards and ensure continued trust from the community and stakeholders. Overall, Ivinson Memorial Hospital stands out for its accountability and financial management, positioning itself as a reliable nonprofit in the healthcare sector.
This AI summary has been generated from information found on Charity Navigator.
Is Ivinson Memorial Hospital legitimate?
Ivinson Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ivinson Memorial Hospital 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: $1,258,901
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,145,644
For more financial information, click here
Official website here: www.ivinsonhospital.org
What is the mission statement of Ivinson Memorial Hospital?
Ivinson Memorial Hospital is committed to providing world-class healthcare services to its patients. The hospital values trust and collaboration, both with patients and among its own team. Ivinson Memorial Hospital offers a wide range of healthcare services including behavioral health, cardiac rehab, cardiopulmonary care, chaplain services, dialysis, discharge planning, emergency services, infection control, inpatient acute care, intensive care unit, Ivinson Medical Group, lab services, nutrition counseling, ob/gyn, oncology, pediatrics, pharmacy, radiation therapy, radiology, rehab services, sleep lab, speech pathology, surgery services, and ultrasound. In the year ended June 30, 2022, the hospital provided $1,929,829 in charity care. In 2022, the hospital was recognized as a Top 100 Rural Facility by Chartis Center for Rural Health for its strong performance in inpatient and outpatient market share, quality, outcomes, patient perspective, cost, charge, and financial efficiency. Ivinson Memorial Hospital received an A grade from The Leapfrog Group in 2022.
Official website here: www.ivinsonhospital.org
Who is the CEO of Ivinson Memorial Hospital?
Doug Faus is the Physician of Ivinson Memorial Hospital. The CEO's salary of Ivinson Memorial Hospital is $0 and their total compensation is $0.
Official website here: www.ivinsonhospital.org
What is the revenue of Ivinson Memorial Hospital?
Ivinson Memorial Hospital's revenue in 2022 was $138,697,602.
Official website here: www.ivinsonhospital.org
Who are the executives of Ivinson Memorial Hospital and what are their salaries?
The average compensation at Ivinson Memorial Hospital during 2022 was $53,266. There are 721 employees and 65 volunteers at Ivinson Memorial Hospital.
Here are 21 key members and their salaries (Ivinson Memorial Hospital's CEO's salary is $0 and their total compensation is $0):
- Compensation: $599,674
- Related: $0
- Other: $33,864
- Compensation: $496,119
- Related: $0
- Other: $24,669
- Compensation: $471,713
- Related: $0
- Other: $55,433
- Compensation: $476,333
- Related: $0
- Other: $48,433
- Compensation: $455,047
- Related: $0
- Other: $15,115
- Compensation: $281,522
- Related: $0
- Other: $40,709
- Compensation: $204,726
- Related: $0
- Other: $46,314
- Compensation: $199,203
- Related: $0
- Other: $23,201
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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Official website here: www.ivinsonhospital.org
Where can I find the form 990 for Ivinson Memorial Hospital?
Ivinson Memorial Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ivinsonhospital.org
Learn more at the official website: www.ivinsonhospital.org
Mission Statement of Ivinson Memorial Hospital
Ivinson Memorial Hospital, a trusted partner in world-class healthcare, is dedicated to building trust with its patients and healthcare professionals. By offering a comprehensive range of services, the institution serves the residents of its community in Wyoming and beyond. With a focus on behavioral health, cardiac rehabilitation, cardiopulmonary care, infection control, and various medical and surgical services, Ivinson Memorial Hospital addresses the diverse health needs of its population.
Inpatient acute care and intensive care units cater to the most critical patients, while Ob/Gyn, oncology, pediatrics, and pharmacy services ensure quality care for all stages of life. Radiology and diagnostic imaging, including MRI, CT, nuclear medicine, mammography, and ultrasound, enable accurate diagnoses and effective treatment plans. Rehabilitation services and sleep labs facilitate recovery and improve overall well-being. Ivinson Memorial Hospital's commitment to patient care also extends to discharge planning, social services, nutrition counseling, and chaplain services.
For the community's most vulnerable, Ivinson Memorial Hospital provides essential services such as dialysis and charity care. The institution's unwavering dedication to its mission has earned it numerous accolades, including recognition as a Top 100 Rural Facility by Chartis for five consecutive years. This prestigious list evaluates hospitals based on market share, quality, outcomes, patient perspective, cost, charge, and financial efficiency. Furthermore, Ivinson Memorial Hospital received an A grade from The Leapfrog Group, reflecting its consistent commitment to delivering high-quality, safe patient care.
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Impact
October, 2024
Ivinson Memorial Hospital serves as a cornerstone of healthcare in Albany County, Wyoming, providing vital medical services to the community, particularly in Laramie, which has a population of around 32,000 residents. The hospital offers a wide array of services, including emergency care, behavioral health, cardiac rehabilitation, oncology, pediatrics, and more.
In the year ending June 30, 2022, Ivinson Memorial Hospital facilitated 1,653 admissions, managed 12,191 emergency visits, and supported over 83,000 outpatient visits. The hospital also handled nearly 40,000 clinic visits, demonstrating its essential role in meeting the healthcare needs of the community.
In addition to general healthcare provision, Ivinson Memorial Hospital emphasizes compassionate care, contributing $1,929,829 in charity care to support patients in need. The hospital’s reputation for excellence is underscored by its recognition as one of the Top 100 Rural Facilities for five consecutive years by the Chartis Center, which assesses hospitals based on various performance metrics. Furthermore, Ivinson received an A grade from the Leapfrog Group in 2022, highlighting its commitment to patient safety and quality care.
Overall, Ivinson Memorial Hospital is a trusted partner in world-class healthcare, dedicated to building lasting relationships with patients and the community while continually striving for excellence in medical services.
This information is meant to be a general summary of Ivinson Memorial Hospital. 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: $10,896,165
- Program Service Revenue: $123,931,811
- Gross Receipts: $147,908,569
Assets and Liabilities:
- Total Assets: $330,710,233
- Total Liabilities: $21,428,073
- Net Assets: $309,282,160
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUES
Revenue
$123,931,811
Organization Details
Founding Year
2017
Phone
(307) 742-2141Principal Officer
Doug Faus
Main Address
255 NORTH 30TH STREET, LARAMIE, WY, 82072
Website
www.ivinsonhospital.orgNTEE Category
Code: E22 - Health
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