Overview
What is Indiana University Health Inc?
Indiana University Health Inc, based in Indianapolis, Indiana, is an academic health center comprised of Indiana University Health Methodist Hospital, Indiana University Health University Hospital, Riley Hospital for Children at IU Health, IU Health Saxony Hospital, and IU Health Morgan. With a total of 24,091 employees, it is the parent organization of Indiana's most comprehensive healthcare system. The partnership with Indiana University School of Medicine allows patients access to innovative treatments and therapies, regardless of their ability to pay. Indiana University Health Methodist and University Hospitals, recognized for excellence in nursing services and high-quality clinical outcomes, serve an adult population and lead the way in community benefit initiatives. Riley Hospital for Children at IU Health, Indiana's largest and most comprehensive pediatric hospital, provides comprehensive, family-centered care to over 250,000 children annually. IU Health Saxony Hospital focuses on surgical services for cardiovascular and orthopedics, and IU Health Morgan offers outpatient care for both adults and children, with coverage in various specialties and diagnostic services. Indiana University Health's mission is to lead the transformation of healthcare through quality, innovation, and education, and make Indiana one of the nation's healthiest states.
Official website here: www.iuhealth.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Indiana University Health Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The overall score is derived entirely from the Accountability & Finance beacon, reflecting the organization's commitment to transparency and responsible management of resources. The assessment for the most recent fiscal year (FY2022) showcased strong governance practices, exemplified by a board that is predominantly independent, with 86% of its members meeting this criterion.
The organization has demonstrated excellence in its financial management, highlighted by a program expense ratio of 87.61%, indicating that a significant portion of its expenditures directly supports its mission-driven programs. Additionally, there are no reported issues regarding material diversion of assets, which further reinforces the organization's integrity. Furthermore, the presence of robust policies such as conflict of interest, whistleblower protections, and document retention practices demonstrates a commitment to ethical standards and operational transparency.
While the ratings are highly favorable, it is important for potential donors and stakeholders to consider the organization's overall impact and mission alignment with their values. The focus on accountability and strong financial practices is commendable, but ongoing community feedback and program effectiveness will also play a crucial role in evaluating the true impact of Indiana University Health Inc on the populations it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Indiana University Health Inc legitimate?
Indiana University Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana University Health Inc 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: $12,427,179
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,543,452,163
For more financial information, click here
Official website here: www.iuhealth.org/
What is the mission statement of Indiana University Health Inc?
Indiana University Health Inc is dedicated to leading the transformation of healthcare through quality, innovation, and education. Their commitment extends beyond providing excellent care to patients, regardless of their ability to pay, and includes disseminating research findings to improve the quality of life for people on a local, national, and international scale. The organization's academic partnership with Indiana University School of Medicine enables access to the most innovative treatments and the latest research and technology. Indiana University Health Inc's hospitals, which include adult and children's facilities, are recognized for their nursing services and high-quality clinical outcomes. They serve as community leaders in providing comprehensive, family-centered care and are consistently ranked among the top hospitals in their respective categories.
Official website here: www.iuhealth.org/
Who is the CEO of Indiana University Health Inc?
Unavailable The CEO's salary of Indiana University Health Inc is $4,034,072 and their total compensation is $4,982,844.
Official website here: www.iuhealth.org/
What is the revenue of Indiana University Health Inc?
Indiana University Health Inc's revenue in 2022 was $4,969,270,261.
Official website here: www.iuhealth.org/
Who are the executives of Indiana University Health Inc and what are their salaries?
The average compensation at Indiana University Health Inc during 2022 was $64,583. There are 24091 employees and 2923 volunteers at Indiana University Health Inc.
Here are 29 key members and their salaries (Indiana University Health Inc's CEO's salary is $4,034,072 and their total compensation is $4,982,844):
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $4,034,072
- Related: $0
- Other: $948,772
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $46,750
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $37,500
- Related: $0
- Other: $0
- Compensation: $37,500
- Related: $0
- Other: $0
- Compensation: $43,500
- Related: $0
- Other: $0
- Compensation: $36,250
- Related: $0
- Other: $0
- Compensation: $37,500
- Related: $0
- Other: $0
- Compensation: $40,500
- Related: $674,581
- Other: $39,698
- Compensation: $37,500
- Related: $0
- Other: $0
- Compensation: $35,000
- Related: $0
- Other: $0
- Compensation: $37,500
- Related: $0
- Other: $0
- Compensation: $1,010,980
- Related: $0
- Other: $178,479
- Compensation: $1,505,106
- Related: $0
- Other: $232,970
- Compensation: $0
- Related: $1,141,215
- Other: $212,454
- Compensation: $996,169
- Related: $0
- Other: $194,083
- Compensation: $655,316
- Related: $0
- Other: $163,639
- Compensation: $1,999,181
- Related: $0
- Other: $48,910
- Compensation: $0
- Related: $989,720
- Other: $163,474
- Compensation: $966,602
- Related: $0
- Other: $185,247
- Compensation: $976,399
- Related: $0
- Other: $66,879
- Compensation: $932,429
- Related: $0
- Other: $176,139
- Compensation: $1,201,452
- Related: $0
- Other: $60,114
- Compensation: $1,488,098
- Related: $0
- Other: $199,943
- Compensation: $153,699
- Related: $0
- Other: $0
- Compensation: $550,676
- Related: $0
- Other: $60,276
Official website here: www.iuhealth.org/
Where can I find the form 990 for Indiana University Health Inc?
Indiana University Health Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iuhealth.org/
Learn more at the official website: www.iuhealth.org/
Mission Statement of Indiana University Health Inc
Indiana University Health Inc, a leading academic health center, is dedicated to transforming healthcare through quality, innovation, and education. With a mission to make Indiana one of the nation's healthiest states, this organization sets the standard for exceptional patient care, regardless of a person's ability to pay.
Indiana University Health Inc is comprised of IU Health Methodist Hospital, IU Health University Hospital, Riley Hospital for Children at IU Health, IU Health Saxony Hospital, and IU Health Morgan. These institutions offer a range of services, from pharmacy and home care to outpatient and emergency transport. Through a unique partnership with Indiana University School of Medicine, the academic health center provides patients with access to innovative treatments and the latest research findings.
IU Health Methodist and IU Health University Hospitals, located in Indianapolis, Indiana, are adult academic health centers recognized for their excellence in nursing services and high-quality clinical outcomes. These hospitals serve a substantial population, and their commitment to community benefit is evident in their provision of excellent care to all patients. Riley Hospital for Children at IU Health, Indiana's largest and most comprehensive pediatric hospital, consistently ranks among the top children's hospitals in the country. Its partnership with Indiana University School of Medicine ensures that patients have access to the most innovative treatments and the latest research and technology.
Indiana University Health Saxony Hospital, a 32-bed specialty care hospital primarily focusing on surgical services for cardiovascular and orthopedics, opened in 2011. IU Health Morgan, an outpatient department of the IU Health Academic Health Center, provides comprehensive care in adult and pediatric services, specialty care, emergency and urgent care, diagnostic imaging, lab testing, outpatient surgical services, cancer care, cardiac, physical, speech, and occupational therapies, sleep lab, and community health and wellness services.
Through its various institutions and services, Indiana University Health Inc strives to provide the highest quality patient care and make Indiana a healthier state for all.
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Impact
October, 2024
Indiana University Health Inc. plays a crucial role in transforming healthcare in Indiana through its commitment to quality, innovation, and education. As an extensive academic health center, it encompasses multiple facilities, including IU Health Methodist Hospital, IU Health University Hospital, and Riley Hospital for Children, among others. This diverse network ensures a comprehensive approach to patient care across various medical specialties.
The organization is dedicated to providing exceptional healthcare services regardless of a patient's ability to pay, which empowers a significant portion of the community to access necessary medical treatments. Additionally, IU Health’s partnership with the Indiana University School of Medicine enhances its capacity for cutting-edge research and innovative treatment options, making it a leader in medical advancements.
Riley Hospital for Children stands out as Indiana's largest pediatric hospital, delivering specialized care to over 250,000 children annually. It is regularly recognized for its excellence and is a vital resource for families seeking advanced pediatric care throughout the state and beyond.
Furthermore, facilities like IU Health Saxony Hospital focus on specific patient needs, such as surgical services, ensuring that residents receive specialized and effective medical attention. The presence of community health initiatives and outpatient services, including preventive care and wellness programs, underscores IU Health’s commitment to making Indiana one of the nation's healthiest states. Overall, Indiana University Health Inc. significantly impacts not just individual patients, but also the broader health landscape of Indiana.
This information is meant to be a general summary of Indiana University Health Inc. 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: $35,234,986
- Program Service Revenue: $4,877,905,867
- Gross Receipts: $8,249,915,957
Assets and Liabilities:
- Total Assets: $9,941,042,603
- Total Liabilities: $3,849,785,323
- Net Assets: $6,091,257,280
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Patient Service Revenue
Revenue
$2,583,505,168
Shared Services
Revenue
$529,186,430
Pharmacy
Revenue
$400,694,475
Reference Laboratory
Revenue
$750,978,324
Member Premium Revenue
Revenue
$568,365,041
Organization Details
Founding Year
1995
Phone
(317) 963-4842Main Address
950 N MERIDIAN STREET 1200, INDIANAPOLIS, IN, 46204
Website
www.iuhealth.org/NTEE Category
Code: E220 - Health
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