Overview
What is Licking Memorial Health Systems?
Licking Memorial Health Systems is a community-focused organization, situated in Newark, Ohio. Their primary mission is to enhance community health by delivering essential medical services and education. Recognizing the financial constraints of some individuals, they provide free or subsidized care to those covered by governmental programs and offer numerous free-of-charge wellness, education, and special programs for vulnerable groups. In 2022, they served over 34,000 outpatients and provided care to 7,482 inpatients and 805 newborns, while also writing off a significant portion of unpaid bills. Adhering to a policy of non-discrimination, Licking Memorial Health Systems offers healthcare services to all individuals, regardless of their race, creed, gender, disability, ethnicity, age, religion, citizenship, national origin, or payment source for care. Their commitment to the community extends beyond healthcare, as they also offer various free educational programs.
Official website here: www.lmhealth.org
Is Licking Memorial Health Systems legitimate?
Licking Memorial Health Systems is a legitimate nonprofit organization registered as a 501(c)(3) entity. Licking Memorial Health Systems 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.lmhealth.org
What is the mission statement of Licking Memorial Health Systems?
Licking Memorial Health Systems is dedicated to improving the health of its community. Recognizing that not everyone can afford essential medical services, the organization serves the community by providing healthcare services and education. They offer free or subsidized care to individuals covered by governmental programs, as well as health activities and programs free of charge to the community. These services include wellness programs, community education programs, and special programs for the elderly, disabled, and medically underserved. The hospital provides uncompensated care through reduced-price services and free programs, serving as a reliable source of healthcare for all, regardless of race, creed, gender, disability, ethnicity, age, religion, citizenship, national origin, or sources of payment for care. Despite relying on reimbursement for services, Licking Memorial Health Systems prioritizes serving the community's healthcare needs.
Official website here: www.lmhealth.org
Who is the CEO of Licking Memorial Health Systems?
Robert Montagnese is the President & Ceo, Ex Offici of Licking Memorial Health Systems. The CEO's salary of Licking Memorial Health Systems is $0 and their total compensation is $872,708.
Official website here: www.lmhealth.org
What is the revenue of Licking Memorial Health Systems?
Licking Memorial Health Systems's revenue in 2022 was $0.
Official website here: www.lmhealth.org
Who are the executives of Licking Memorial Health Systems and what are their salaries?
There 9 volunteers at Licking Memorial Health Systems.
Here are 11 key members and their salaries (Licking Memorial Health Systems's CEO's salary is $0 and their total compensation is $872,708):
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- Related: $822,340
- Other: $50,368
- Compensation: $0
- Related: $316,539
- Other: $26,619
Official website here: www.lmhealth.org
Where can I find the form 990 for Licking Memorial Health Systems?
Licking Memorial Health Systems's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lmhealth.org
Learn more at the official website: www.lmhealth.org
Mission Statement of Licking Memorial Health Systems
Licking Memorial Health Systems, a community-focused organization, is dedicated to improving the health of the population it serves. Recognizing that not all individuals have the ability to afford essential medical services, LMHS strives to serve the community by providing healthcare services and education. To fulfill this commitment, LMHS offers free or subsidized care to patients covered by governmental programs and provides various health activities and programs, including wellness programs, community education programs, and special programs for the elderly, handicapped, and medically underserved, free of charge.
In 2022, LMHS served 7,482 inpatients and 805 newborns, totaling 32,632 patient days, and provided services to 345,109 outpatients. The organization also provides care to patients covered by governmental programs below cost in many cases. Furthermore, LMHS provides uncompensated care through reduced-price services and free programs throughout the year, based on activities and services that serve a bona fide community health need. In 2022, LMHS wrote off approximately $23,735,000 in bad debts and $7,607,000 in charity care.
In essence, Licking Memorial Health Systems is committed to serving all members of the community, regardless of their race, creed, gender, disability, ethnicity, age, religion, citizenship, national origin, or sources of payment for care. The organization believes that while reimbursement for services rendered is crucial for its operation and stability, it is equally important to serve all members of the community with respect to providing healthcare services and education.
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Impact
October, 2024
Licking Memorial Health Systems is instrumental in enhancing community health through a variety of essential services and programs. With a steadfast commitment to serving all individuals, regardless of their financial circumstances, the organization provides free and subsidized care to those in need, particularly focusing on the medically underserved populations.
In 2022 alone, Licking Memorial Health Systems served 7,482 inpatients and 805 newborns, totaling 32,632 patient days, alongside 345,109 outpatient services. This extensive reach demonstrates its crucial role in delivering healthcare to a diverse demographic. The health system has also recognized the financial barriers that many individuals face, leading to a commitment to provide care below cost for patients covered by governmental programs. The value of this unreimbursed care amounted to $463,074,000 in 2022.
Additionally, Licking Memorial Health Systems actively engages in community wellness through free health activities and special programs tailored for the elderly, disabled, and other underserved groups. The organization routinely offers educational programs designed to inform the community on various health-related topics, thereby fostering a healthier population.
Moreover, the hospital's initiative to provide uncompensated care is evident in its efforts to assist those unable to pay hospital bills, leading to write-offs of approximately $23,735,000 in bad debts and $7,607,000 in charity care in 2022. This comprehensive approach ensures that all community members, regardless of race, creed, or financial capability, receive the medical attention they need.
Ultimately, Licking Memorial Health Systems plays a vital role in ensuring access to essential healthcare services, promoting wellness, and improving overall community health in Newark, Ohio, and its surrounding areas.
This information is meant to be a general summary of Licking Memorial Health Systems. 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.
Assets and Liabilities:
- Total Assets: $255,890,260
- Total Liabilities: $0
- Net Assets: $255,890,260
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Organization Details
Founding Year
1984
Phone
(220) 564-4000Principal Officer
Robert Montagnese
Main Address
1320 WEST MAIN STREET, NEWARK, OH, 430553699
Website
www.lmhealth.orgNTEE Category
Code: E21 - Health
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