Overview
What is Munson Healthcare Otsego Memorial Hospital?
Munson Healthcare Otsego Memorial Hospital, located in Gaylord, Michigan, is a nonprofit institution dedicated to delivering exceptional healthcare to the residents and surrounding area. With approximately 898 employees, including 59 active medical staff and 22 volunteers, the hospital had 1,581 inpatient admissions, over 109,000 outpatient visits, and provided care for more than 2,700 surgical cases, 353 obstetrical births, and over 18,900 emergency room visits in fiscal year 2022. The institution's mission is to provide superior quality care while promoting community health. Munson Healthcare Otsego Memorial Hospital accepts patients regardless of their ability to pay, and its total program service expenses include over $712,000 related to COVID-19 patient care.
Official website here: www.munsonhealthcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Munson Healthcare Otsego Memorial Hospital has received a commendable Four-Star rating from Charity Navigator, reflecting its high standards in accountability and financial management. The organization excels in all evaluated categories, indicating a strong commitment to transparency and responsible financial practices, with a perfect score in key areas such as conflict of interest and whistleblower policies.
The hospital's governance structure is robust, featuring an independent board composed entirely of independent members, which is crucial for minimizing conflicts of interest and ensuring that the organization is run in the best interests of its stakeholders. The financial health of the organization is notable, with a low liabilities to assets ratio and a high program expense ratio, signifying that a significant portion of its resources is directed towards fulfilling its mission.
While the data showcases many strengths, potential donors and stakeholders may benefit from continued monitoring of the hospital's performance, as well as insights into its programmatic outcomes. Overall, Munson Healthcare Otsego Memorial Hospital demonstrates a strong operational foundation, making it a trustworthy nonprofit in the healthcare sector.
This AI summary has been generated from information found on Charity Navigator.
Is Munson Healthcare Otsego Memorial Hospital legitimate?
Munson Healthcare Otsego Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Munson Healthcare Otsego 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: $334,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,318,011
For more financial information, click here
Official website here: www.munsonhealthcare.org
What is the mission statement of Munson Healthcare Otsego Memorial Hospital?
Munson Healthcare Otsego Memorial Hospital is dedicated to delivering exceptional healthcare that caters to the needs of its patients and the communities it serves. Working in collaboration with partners, the hospital aims to provide superior quality care and promote overall community health. In the fiscal year 2022, the hospital had 1,581 inpatient admissions, over 109,000 outpatient visits, more than 2,700 surgical cases, 353 obstetrical births, and over 18,900 emergency room visits. Munson Healthcare Otsego Memorial Hospital accepts patients regardless of their ability to pay. With approximately 59 active medical staff and 22 volunteers, the hospital incurred 712,000 expenses for COVID-19 patient care and related costs.
Official website here: www.munsonhealthcare.org
Who is the CEO of Munson Healthcare Otsego Memorial Hospital?
Christopher Squire is the President of Munson Healthcare Otsego Memorial Hospital.
Official website here: www.munsonhealthcare.org
What is the revenue of Munson Healthcare Otsego Memorial Hospital?
Munson Healthcare Otsego Memorial Hospital's revenue in 2022 was $124,442,421.
Official website here: www.munsonhealthcare.org
Who are the executives of Munson Healthcare Otsego Memorial Hospital and what are their salaries?
The average compensation at Munson Healthcare Otsego Memorial Hospital during 2022 was $54,179. There are 898 employees and 22 volunteers at Munson Healthcare Otsego Memorial Hospital.
Here are 44 key members and their salaries:
- Compensation: $0
- Related: $1,193,233
- Other: $223,158
- Compensation: $850,339
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- Other: $33,805
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- Other: $29,829
- Compensation: $695,651
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- Other: $36,756
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- Related: $607,688
- Other: $85,269
- Compensation: $639,989
- Related: $0
- Other: $37,655
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- Related: $529,801
- Other: $82,494
- Compensation: $576,319
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- Other: $35,618
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- Related: $528,784
- Other: $18,309
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- Related: $368,822
- Other: $67,951
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- Related: $356,026
- Other: $55,923
- Compensation: $347,831
- Related: $0
- Other: $37,443
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- Related: $329,713
- Other: $31,694
- Compensation: $172,991
- Related: $100,307
- Other: $53,734
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- Related: $239,418
- Other: $12,273
- Compensation: $206,867
- Related: $0
- Other: $38,019
- Compensation: $184,304
- Related: $0
- Other: $39,959
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Official website here: www.munsonhealthcare.org
Where can I find the form 990 for Munson Healthcare Otsego Memorial Hospital?
Munson Healthcare Otsego Memorial Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.munsonhealthcare.org
Learn more at the official website: www.munsonhealthcare.org
Mission Statement of Munson Healthcare Otsego Memorial Hospital
Munson Healthcare Otsego Memorial Hospital is dedicated to delivering top-notch healthcare services that cater to the requirements of its patients and the communities it serves. The organization's mission is brought to life through the collaborative efforts of its partners, all working together to provide exceptional quality care and promote overall community health.
The hospital's commitment to its patients extends beyond the confines of its walls. In the fiscal year 2022 alone, Munson Healthcare Otsego Memorial Hospital recorded an impressive 1,581 inpatient admissions, over 109,000 outpatient visits, 2,700 surgical cases, 353 obstetrical births, and more than 18,900 emergency room visits. Regardless of a patient's ability to pay, the hospital continues to welcome all individuals seeking healthcare services.
The team at Munson Healthcare Otsego Memorial Hospital comprises approximately 59 active medical staff and 22 volunteers. The hospital's vast range of services includes 712,000 COVID-19 related expenses for patient care and other associated costs. These statistics serve as testament to the organization's unwavering dedication to providing comprehensive healthcare services that cater to the diverse needs of its community.
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Impact
October, 2024
Munson Healthcare Otsego Memorial Hospital plays a critical role in enhancing the health and well-being of the Gaylord, Michigan community and its surrounding areas. The hospital focuses on delivering exceptional healthcare services tailored to the needs of its patients, making it an integral part of local health infrastructure.
In fiscal year 2022, the hospital registered 1,581 inpatient admissions and facilitated over 109,000 outpatient visits, highlighting its capacity to manage a significant volume of healthcare needs. The emergency room handled more than 18,900 visits, demonstrating its crucial function in urgent care situations. Additionally, the hospital supported over 2,700 surgical cases and 353 obstetrical births, contributing to both routine and complex medical care.
Munson Healthcare Otsego Memorial Hospital is also committed to inclusivity in healthcare access by accepting all patients, regardless of their ability to pay. This dedication underscores the institution's mission to ensure that every community member can receive necessary medical care without financial barriers.
The hospital is staffed by approximately 59 active medical professionals and supported by 22 volunteers, fostering a collaborative environment dedicated to patient-centered care. In response to challenges like the COVID-19 pandemic, the hospital incurred significant expenses to maintain patient care, totaling $712,000 for related services.
In summary, Munson Healthcare Otsego Memorial Hospital serves as a pillar of health support, focusing on quality care and community health promotion while ensuring access and support for all individuals in the area.
This information is meant to be a general summary of Munson Healthcare Otsego 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: $1,753,074
- Program Service Revenue: $115,992,369
- Gross Receipts: $140,900,099
Assets and Liabilities:
- Total Assets: $101,925,172
- Total Liabilities: $29,562,015
- Net Assets: $72,363,157
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$63,588,133
MEDICARE/MEDICAID PAYMENTS
Revenue
$49,891,953
340B PRESCRIPTION REVENUE
Revenue
$1,793,866
INCENTIVE PAYMENT
Revenue
$694,122
RENT FROM RELATED ORGS
Revenue
$22,476
Organization Details
Founding Year
1946
Phone
(987) 731-2100Principal Officer
Christopher Squire
Main Address
825 N CENTER AVE, GAYLORD, MI, 49735
Website
www.munsonhealthcare.orgNTEE Category
Code: E22Z - Health
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