Overview
What is Memorial Health Services Group Return?
Memorial Health Services Group Return is a nonprofit organization situated in Fountain Valley, California, operating under the umbrella of MemorialCare Health System. The group comprises four entities, including Long Beach Memorial Medical Center (LBMMC) and Miller Children's and Women's Hospital Long Beach (Miller). LBMMC and Miller focus on providing inpatient and outpatient hospital services, with LBMMC specializing in adult care and Miller in pediatric care. Together, they recorded over 250,000 patient days in the year ending June 30, 2022, and offered various medical services, including surgical procedures and emergency care. They also prioritize serving uninsured or underinsured patients and provide medically necessary services at reduced or no cost. The organizations aim to enhance individual, family, and community health and well-being by engaging in scientific, educational, and charitable activities.
Official website here: www.memorialcare.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Memorial Health Services Group has achieved a high rating of 96%, reflecting strong performance in accountability and finance. The organization demonstrates effective governance with a fully independent board, excellent oversight practices, and a clear conflict of interest policy. Its financial health is solid, as indicated by a low liabilities to assets ratio and a high program expense ratio, ensuring that the vast majority of funds are directed towards its mission.
The organization excels in transparency and operational integrity, with comprehensive policies in place for whistleblower protection and document retention. This level of diligence creates a trustworthy environment for donors and stakeholders, affirming the charity's commitment to ethical standards and responsible management.
While the available data showcases the strengths of Memorial Health Services Group, continual monitoring and evaluation are essential to maintain these standards and to address any emerging challenges. Overall, this rating reflects a nonprofit that is well-managed and dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Memorial Health Services Group Return legitimate?
Memorial Health Services Group Return is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memorial Health Services Group Return 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: $18,474,523
Professional Fundraising Fees: $0
Other Salaries and Wages: $679,969,897
For more financial information, click here
Official website here: www.memorialcare.org
What is the mission statement of Memorial Health Services Group Return?
Memorial Health Services Group Return is a nonprofit organization dedicated to enhancing the health and well-being of individuals and communities. Each organization within this group focuses on providing healthcare services, operating hospitals or outpatient clinics, and engaging in scientific, educational, and charitable activities. Their mission is to improve the health of the communities they serve through inpatient and outpatient hospital care, surgical procedures, and emergency department visits. They are committed to serving patients who may be uninsured or underinsured, and provide medically necessary services at reduced costs to those who qualify. Their hospitals offer specialized services, including cancer institutes, heart and vascular institutes, rehabilitation, and pediatric services with centers of excellence for various conditions. In the year ending June 30, 2022, they recorded over 260,000 patient days and discharged over 61,000 patients across their facilities.
Official website here: www.memorialcare.org
Who is the CEO of Memorial Health Services Group Return?
Karen Testman is the Bd Member- Lbmmc,Ocmmc,Smmc,Mcmf of Memorial Health Services Group Return. The CEO's salary of Memorial Health Services Group Return is $0 and their total compensation is $1,906,352.
Official website here: www.memorialcare.org
What is the revenue of Memorial Health Services Group Return?
Memorial Health Services Group Return's revenue in 2022 was $2,745,718,631.
Official website here: www.memorialcare.org
Who are the executives of Memorial Health Services Group Return and what are their salaries?
The average compensation at Memorial Health Services Group Return during 2022 was $63,008. There are 11085 employees and 533 volunteers at Memorial Health Services Group Return.
Here are 74 key members and their salaries (Memorial Health Services Group Return's CEO's salary is $0 and their total compensation is $1,906,352):
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- Other: $1,795,264
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- Related: $1,664,539
- Other: $707,124
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- Other: $643,419
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- Related: $1,473,887
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- Other: $65,740
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- Other: $68,935
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- Other: $121,471
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- Other: $113,549
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- Other: $32,682
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- Other: $83,912
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- Other: $65,917
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- Other: $79,520
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- Other: $87,839
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- Other: $48,886
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- Other: $33,797
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- Other: $20,235
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- Other: $21,717
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- Other: $33,568
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- Other: $23,041
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- Other: $38,957
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- Other: $30,113
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- Other: $35,370
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- Other: $42,243
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- Related: $317,677
- Other: $31,903
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- Other: $40,985
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- Related: $318,341
- Other: $15,618
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- Other: $31,265
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- Other: $19,540
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- Other: $35,471
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- Other: $34,890
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- Other: $48,713
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- Related: $353,920
- Other: $33,753
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- Related: $315,475
- Other: $27,464
- Compensation: $0
- Related: $180,888
- Other: $1,565
- Compensation: $0
- Related: $154,308
- Other: $8,841
Official website here: www.memorialcare.org
Where can I find the form 990 for Memorial Health Services Group Return?
Memorial Health Services Group Return's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.memorialcare.org
Learn more at the official website: www.memorialcare.org
Mission Statement of Memorial Health Services Group Return
Memorial Health Services Group Return, a nonprofit organization, is dedicated to enhancing the health and well-being of individuals, families, and their communities. Each organization under this group return has a mission to provide healthcare services and operate hospitals or outpatient clinics, engaging in scientific, educational, and charitable activities.
Memorial Health Services Group Return includes Long Beach Memorial Medical Center (LBMMC), which operates two licensed hospital facilities: MemorialCare Long Beach Medical Center (LBM) and Miller Children's and Women's Hospital Long Beach (Miller). LBMMC's hospitals provide inpatient and outpatient care, catering to the health needs of the communities they serve, and offering medically necessary services to uninsured or underinsured patients at reduced costs. In the year ending June 30, 2022, LBMMC recorded 158,696 patient days, discharged 29,425 patients, provided 14,284 surgical procedures, delivered 5,795 babies, and had 97,155 emergency department visits. LBM, a teaching hospital, is home to specialized services, including the Todd Cancer Institute, the MemorialCare Heart & Vascular Institute, rehabilitation & physical therapy, and a 24-hour emergency department and trauma center. It trains residents and fellows in graduate medical education through affiliations with California medical schools and academic medical centers.
Miller, a pediatric teaching hospital, offers eight centers of excellence, including seven major inpatient care centers and comprehensive outpatient specialty centers featuring more than 30 sub-specialties. In the year ending June 30, 2022, Miller provided inpatient care to 9,616 children, delivered 5,795 babies, and cared for 958 of them in its neonatal intensive care unit. It is one of 22 hospitals in California to feature a regional level III NICU and is the largest level III NICU in Los Angeles, Orange, and San Diego counties, treating more than 900 critically ill and premature babies each year. Miller is a California Children's Services (CCS) approved provider.
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Impact
October, 2024
Memorial Health Services Group Return significantly impacts healthcare access and quality for individuals and families in its communities. Central to this impact are the primary facilities under its umbrella, including Long Beach Memorial Medical Center (LBMMC), MemorialCare Long Beach Medical Center (LBM), and Miller Children’s and Women’s Hospital Long Beach (Miller).
LBMMC plays a critical role by providing a wide range of inpatient and outpatient hospital services, consistently addressing the healthcare needs of patients regardless of their insurance status. The commitment to offer medically necessary services at no cost or reduced cost under its financial assistance policy directly supports uninsured and underinsured patients, fostering greater health equity. In the fiscal year ending June 30, 2022, LBMMC reported substantial service volumes, including over 29,000 discharges and more than 97,000 emergency department visits, showcasing its vital role in the community's healthcare ecosystem.
LBM enhances this impact with its diverse set of specialized services, such as the Todd Cancer Institute and MemorialCare Heart & Vascular Institute, helping to address complex health conditions. Additionally, with its long-standing tradition as a teaching hospital, LBM contributes to the training of future medical professionals, ensuring a pipeline of skilled practitioners.
Miller, a dedicated pediatric teaching hospital, addresses the unique healthcare needs of children through its specialized care centers. This facility stands out for its support of critically ill and premature infants, with a robust neonatal intensive care unit (NICU) that treats over 900 patients annually. This level of care is essential in protecting vulnerable populations and enhancing pediatric health outcomes.
Overall, Memorial Health Services Group Return's integrated approach to healthcare delivery contributes significantly to the well-being of the communities it serves, reinforces the importance of accessible medical services, and fosters ongoing education and training in the medical field.
This information is meant to be a general summary of Memorial Health Services Group Return. 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: -$832,577
- Program Service Revenue: $2,680,354,170
- Gross Receipts: $2,747,889,533
Assets and Liabilities:
- Total Assets: $2,962,904,582
- Total Liabilities: $698,476,486
- Net Assets: $2,264,428,096
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT REVENUE
Revenue
$1,258,404,927
LABORATORY
Revenue
$515,904,228
CAPITATION REVENUE
Revenue
$431,819,327
PHARMACY
Revenue
$328,225,885
MOB RENTAL
Revenue
$13,327,638
Organization Details
Phone
(714) 377-3002Principal Officer
Karen Testman
Main Address
17360 BROOKHURST STREET, FOUNTAIN VALLEY, CA, 92708
Website
www.memorialcare.orgNTEE Category
Code: E122 - Health
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