Overview
What is Loyola University Health System?
Loyola University Health System (LUHS), a nonprofit organization based in Maywood, Illinois, is renowned for its integrated academic medicine, advanced technology, and expert clinicians. With a mission to provide healthcare system management and support, LUHS is a recognized leader in heart disease, cancer, bone marrow transplant, organ transplantation, orthopedic treatments, and neurological disorders. The system is comprised of Loyola University Medical Center (LUMC) in Maywood, Gottlieb Memorial Hospital in Melrose Park, Macneal Hospital in Berwyn, and 75 health centers offering primary and specialty care in suburban Chicago. LUHS's hospitals and health centers have earned accreditation from The Joint Commission and Magnet Designation for excellence in nursing and patient care since 2009. LUHS operates as an Accountable Care Organization (ACO), receiving capitated payments for medical and related services rendered to HMOs and their members by affiliated hospitals and physicians. This arrangement enables the hospitals and health centers to provide state-of-the-art healthcare services to their communities. For more information, please visit their website at www.loyolamedicine.org.
Official website here: www.loyolamedicine.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Loyola University Health System received an 81% rating from Charity Navigator, reflecting a strong performance primarily in accountability and finance. This rating underscores the organization's commitment to transparency and sound financial practices, as evidenced by its high scores in areas like independent board membership and financial statement oversight. The organization has effectively managed its resources, with a program expense ratio of 99.74%, indicating that nearly all its funds are directed towards its mission.
The nonprofit's governance structure is solid, featuring a majority of independent board members and robust policies on conflict of interest and whistleblower protection. These elements contribute to a strong foundation of ethical oversight and accountability. The absence of material asset diversion further enhances the trustworthiness of the organization.
However, despite these strengths, the organization did receive a score of 0 out of 15 in the liabilities to assets ratio, which may suggest potential financial risks that stakeholders should monitor. Overall, while Loyola University Health System demonstrates strong accountability and effective financial management, ongoing attention to its financial liabilities is advisable.
This AI summary has been generated from information found on Charity Navigator.
Is Loyola University Health System legitimate?
Loyola University Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loyola University Health System 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: $66,630,885
For more financial information, click here
Official website here: www.loyolamedicine.org
What is the mission statement of Loyola University Health System?
Loyola University Health System serves communities with compassion as a transformative healing presence, rooted in the spirit of the gospel. This health system, which is part of Trinity Health, offers advanced technology and experts who lead in various fields. Loyola University Health System is recognized for its excellence in heart disease, cancer, organ transplantation, orthopedic treatments, neurological disorders, and more. Through its integrated academic medicine approach, the system manages and supports its subsidiaries, including hospitals and health centers. Loyola University Health System operates as an Accountable Care Organization (ACO), receiving capitated payments for medical and related services, thereby helping affiliated hospitals and physicians deliver state-of-the-art healthcare services.
Official website here: www.loyolamedicine.org
Who is the CEO of Loyola University Health System?
Shawn Vincent is the Director; Pres & Ceo, Il/In Region of Loyola University Health System. The CEO's salary of Loyola University Health System is $0 and their total compensation is $1,610,539.
Official website here: www.loyolamedicine.org
What is the revenue of Loyola University Health System?
Loyola University Health System's revenue in 2022 was $198,449,397.
Official website here: www.loyolamedicine.org
Who are the executives of Loyola University Health System and what are their salaries?
There 12 volunteers at Loyola University Health System.
Here are 28 key members and their salaries (Loyola University Health System's CEO's salary is $0 and their total compensation is $1,610,539):
- Compensation: $0
- Related: $2,435,049
- Other: $90,414
- Compensation: $0
- Related: $1,325,153
- Other: $285,386
- Compensation: $0
- Related: $1,060,492
- Other: $227,111
- Compensation: $0
- Related: $884,171
- Other: $199,695
- Compensation: $0
- Related: $839,647
- Other: $161,932
- Compensation: $0
- Related: $704,465
- Other: $14,890
- Compensation: $0
- Related: $566,071
- Other: $22,879
- Compensation: $0
- Related: $525,005
- Other: $45,941
- Compensation: $0
- Related: $408,852
- Other: $51,888
- Compensation: $0
- Related: $408,595
- Other: $44,846
- Compensation: $0
- Related: $290,593
- Other: $45,921
- Compensation: $0
- Related: $163,045
- Other: $34,465
- Compensation: $0
- Related: $150,731
- Other: $28,675
- Compensation: $0
- Related: $133,556
- Other: $31,836
- Compensation: $0
- Related: $119,877
- Other: $6,304
- Compensation: $0
- Related: $100,772
- Other: $7,470
- 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: $0
- Other: $0
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.loyolamedicine.org
Where can I find the form 990 for Loyola University Health System?
Loyola University Health System's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loyolamedicine.org
Learn more at the official website: www.loyolamedicine.org
Mission Statement of Loyola University Health System
Loyola University Health System, a compassionate and transforming healing presence, serves communities in the spirit of the gospel. This health system, which is a member of Trinity Health, is recognized for its integrated academic medicine, advanced technology, and expert clinicians who lead in their fields. Loyola University Health System comprises Loyola University Medical Center in Maywood, Gottlieb Memorial Hospital in Melrose Park, MacNeal Hospital in Berwyn, 75 health centers offering primary and specialty care in suburban Chicago, and two accountable care organizations.
The health system's mission is to provide health care system management and support. Loyola University Health System's hospitals and health centers are accredited by the Joint Commission and have held Magnet Designation for excellence in nursing and patient care since 2009. With renowned centers of excellence such as the Cardinal Bernardin Cancer Center, William G. and Mary A. Ryan Center for Heart and Vascular Medicine, Level I Trauma Center, Burn Center, Ronald McDonald Children's Hospital of Loyola University Medical Center, and Loyola Outpatient Center, the health system offers state-of-the-art health care services to the communities it serves.
As an accountable care organization (ACO), Loyola University Health System operates and provides support services to its subsidiaries, helping them achieve their objective of providing excellent health care services. The health system receives capitated payments for medical and related services rendered to HMOs and their members by affiliated hospitals and physicians. Through these activities, Loyola University Health System plays a crucial role in ensuring that its hospitals and health centers provide top-notch health care services to the communities they serve.
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Impact
October, 2024
Loyola University Health System (LUHS) significantly impacts healthcare in Illinois and beyond through its comprehensive approach to integrated academic medicine. Located approximately 10 miles west of Chicago, LUHS combines advanced technology with expert clinicians who are leaders in their fields, ensuring high-quality patient care.
The system includes the Loyola University Medical Center (LUMC) in Maywood, Gottlieb Memorial Hospital in Melrose Park, MacNeal Hospital in Berwyn, and 75 health centers offering primary and specialty care throughout suburban Chicago. Renowned centers of excellence, such as the Cardinal Bernardin Cancer Center and the William G. and Mary A. Ryan Center for Heart and Vascular Medicine, further enhance its reputation.
LUHS is nationally recognized for its innovative research and treatment in critical areas such as heart disease, cancer, bone marrow transplants, organ transplantation, orthopedic treatments, and neurological disorders. The inclusion of specialized facilities like a Level I Trauma Center, a Burn Center, and the Ronald McDonald Children's Hospital signifies its comprehensive capabilities in addressing diverse healthcare needs.
Moreover, LUHS is committed to excellence in nursing and patient care, evidenced by its Magnet designation since 2009. Operating as an accountable care organization (ACO), it helps affiliated hospitals and physicians deliver state-of-the-art health services while managing healthcare resources effectively. Through these efforts, Loyola University Health System acts as a transformative healing presence in its communities, enhancing overall public health and well-being.
This information is meant to be a general summary of Loyola University Health System. 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: $18,290,691
- Program Service Revenue: $165,238,136
- Gross Receipts: $198,449,397
Assets and Liabilities:
- Total Assets: $2,398,163,356
- Total Liabilities: $2,352,649,921
- Net Assets: $45,513,435
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTERCOMPANY PURCHASED SERVICES
Revenue
$117,028,012
ACO REVENUE
Revenue
$48,210,124
Organization Details
Founding Year
1984
Phone
(708) 216-9000Principal Officer
Shawn Vincent
Main Address
2160 SOUTH FIRST AVENUE, MAYWOOD, IL, 601533328
Website
www.loyolamedicine.orgNTEE Category
Code: E110 - Health
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