Overview
What is Memorial Hospital?
Memorial Hospital, also known as Promedica Memorial Hospital, is a nonprofit healthcare organization based in Toledo, Ohio, serving 28 states across the country. With a mission to provide high-quality care regardless of a patient's ability to pay, Memorial Hospital offers extensive healthcare services, including emergency medicine, surgical services, mental health, labor and delivery, and a full range of laboratory and radiology services. The hospital is renowned for its Dorothy L. Kern Cancer Center, which provides outpatient radiation, chemotherapy, and infusion services, as well as complementary services and survivorship care planning. In 2022, Memorial Hospital treated 1,241 inpatients, 78,544 outpatients, and 19,322 individuals who sought emergency care. Contributing significantly to the community, the hospital provided $14.7 million in community benefit through expenditures and government-sponsored healthcare, while also offering financial assistance to those in need. With 441 jobs in northwest Ohio, Memorial Hospital exemplifies a commitment to the health and wellbeing of individuals and families in the communities it serves.
Official website here: www.promedica.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Memorial Hospital has received a commendable Four-Star rating from Charity Navigator, indicating a high level of transparency and accountability in its operations. The rating is based entirely on the organization's commitment to financial management, with a strong emphasis on governance, as evidenced by its 96% independent board members and an effective audit and oversight committee.
The organization showcases strengths in its financial health, with a program expense ratio of 71.25%, demonstrating a significant portion of its resources being allocated to its programs. Additionally, Memorial Hospital has robust policies in place regarding conflicts of interest, whistleblower protections, and document retention, which further supports its commitment to ethical practices.
However, there are areas for improvement, particularly regarding its liabilities to assets ratio, which stands at 55.17%. While this is solid, it suggests a need for ongoing vigilance in managing financial responsibilities. Overall, Memorial Hospital appears to be a well-managed nonprofit with a focus on accountability and ethical governance.
This AI summary has been generated from information found on Charity Navigator.
Is Memorial Hospital legitimate?
Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,985,234
For more financial information, click here
Official website here: www.promedica.org
What is the mission statement of Memorial Hospital?
Memorial Hospital is committed to enhancing the health and improving the quality of life for individuals and families in the communities it serves. Regardless of a patient's ability to pay, the hospital continually strives to provide necessary medical care. With a focus on patient-centered care, advanced technology, innovative programs, and family-oriented facilities, Memorial Hospital ensures equal access to high-quality, safe care. The hospital offers extensive healthcare services, including emergency medicine, surgical services, outpatient physical rehabilitation, heart, vascular and pulmonary care, labor and delivery, mental health services, a wound care clinic, and a full range of laboratory and radiology services. Memorial Hospital's Dorothy L. Kern Cancer Center expands cancer care to patients in the area, providing outpatient radiation, chemotherapy, and infusion services, as well as complementary services. The hospital also offers financial assistance to those in need. Through various community health services and contributions, Memorial Hospital contributes significantly to the well-being of its community.
Official website here: www.promedica.org
Who is the CEO of Memorial Hospital?
Terrence Metzger is the Trustee - Pres. Memorial of Memorial Hospital. The CEO's salary of Memorial Hospital is $0 and their total compensation is $1,618,580.
Official website here: www.promedica.org
What is the revenue of Memorial Hospital?
Memorial Hospital's revenue in 2022 was $86,272,614.
Official website here: www.promedica.org
Who are the executives of Memorial Hospital and what are their salaries?
The average compensation at Memorial Hospital during 2022 was $43,050. There are 441 employees and 79 volunteers at Memorial Hospital.
Here are 38 key members and their salaries (Memorial Hospital's CEO's salary is $0 and their total compensation is $1,618,580):
- Compensation: $0
- Related: $254,113
- Other: $5,459
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $380,715
- Other: $31,679
- 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: $158,080
- Other: $0
- Compensation: $0
- Related: $717,570
- Other: $32,861
- 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
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $465,007
- Other: $27,257
- 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: $5,476,040
- Other: $3,579
- Compensation: $0
- Related: $2,435,815
- Other: $41,525
- Compensation: $0
- Related: $1,605,830
- Other: $12,750
- Compensation: $0
- Related: $927,467
- Other: $44,223
- Compensation: $0
- Related: $683,615
- Other: $6,102
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $157,458
- Other: $2,442
- Compensation: $162,825
- Related: $0
- Other: $19,799
- Compensation: $149,994
- Related: $0
- Other: $28,532
- Compensation: $152,429
- Related: $0
- Other: $15,201
- Compensation: $134,041
- Related: $0
- Other: $12,539
- Compensation: $138,427
- Related: $0
- Other: $8,014
- Compensation: $0
- Related: $466,247
- Other: $33,650
Official website here: www.promedica.org
Where can I find the form 990 for Memorial Hospital?
Memorial Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.promedica.org
Learn more at the official website: www.promedica.org
Mission Statement of Memorial Hospital
Memorial Hospital, a mission-driven, locally owned, nonprofit healthcare organization, strives to continually improve the health and quality of life for individuals and families in the communities it serves. The hospital, a member of Promedica Health System, Inc., is dedicated to providing extensive healthcare services, including emergency medicine, surgical services, outpatient physical rehabilitation, heart, vascular and pulmonary care, labor and delivery, mental health services, a wound care clinic, and a full range of laboratory and radiology services. Memorial Hospital also houses the Dorothy L. Kern Cancer Center, expanding cancer care to patients in the area with outpatient radiation, chemotherapy, and infusion services, as well as complementary services. The hospital's commitment to patient care is reflected in its designations as a Lung Cancer Screening Center by the American College of Radiology and a Nurses Improving Care for Healthsystem Elders (NICHE) facility. In 2022, Memorial Hospital served 1,241 inpatients and 78,544 outpatients, contributing significantly to the community through various programs and initiatives. The organization provided financial assistance to those in need, with uncompensated amounts totaling $2,516,000, and offered cost-effective care for Medicaid patients, amounting to $3,542,000 in community benefit. Memorial Hospital's net payroll expenditures of $19,525,000 in 2022 supported 441 jobs in the area, demonstrating the organization's dedication to the local community and its mission to provide high-quality healthcare to all, regardless of their ability to pay.
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Impact
October, 2024
Memorial Hospital plays a vital role in enhancing the health and quality of life for individuals and families in its community and surrounding areas. By providing essential medical care regardless of a patient’s ability to pay, it ensures equitable access to high-quality health services. The hospital, located in Fremont, Ohio, offers a wide array of healthcare services, including emergency care, surgical services, outpatient rehabilitation, and specialized cancer treatment through the Dorothy L. Kern Cancer Center.
In 2022 alone, Memorial Hospital served over 1,200 inpatients and over 78,500 outpatients, responding to nearly 20,000 emergency care needs. Its commitment to community healthcare is reflected in its significant financial assistance program, which provided over $2.5 million in uncompensated care for those without the financial means to pay for treatments. Additionally, the hospital’s expenditures related to treating Medicaid patients highlight its dedication to serving vulnerable populations.
Memorial Hospital also invests in preventive health programs and partnerships, offering breast exams and mammograms funded through organizations like Susan G. Komen. Its impact extends beyond immediate medical care, with initiatives that include providing care packages to patients in various community health services, contributing to both the physical and emotional well-being of residents.
The hospital's contributions to the local economy are substantial, with a payroll of nearly $20 million that supports 441 jobs. This economic footprint further underscores its importance, as local employees contribute to state and local tax revenues.
Recognized for its commitment to safety and quality, Memorial Hospital received an 'A' rating from The Leapfrog Group for protecting patients from errors and accidents, and was named one of the top 100 rural and community hospitals in the nation by Becker's Hospital Review. Such accolades affirm its dedication to meeting the health needs of diverse populations while continuously striving to improve patient care and community well-being.
In essence, Memorial Hospital stands as a cornerstone of health and support, enriching its community through comprehensive medical services, financial assistance, and impactful local partnerships.
This information is meant to be a general summary of 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: -$60,485
- Program Service Revenue: $84,623,533
- Gross Receipts: $86,323,649
Assets and Liabilities:
- Total Assets: $65,046,432
- Total Liabilities: $35,887,052
- Net Assets: $29,159,380
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICES
Revenue
$84,017,268
AFFILIATED ORG RENT RE
Revenue
$606,265
Organization Details
Founding Year
1918
Phone
(419) 252-5772Principal Officer
Terrence Metzger
Main Address
100 MADISON AVE ATTN TAX DEPT, TOLEDO, OH, 43604
Website
www.promedica.orgNTEE Category
Code: E220 - Health
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