Overview
What is Sparrow Ionia Hospital?
Sparrow Ionia Hospital is a Michigan-based healthcare organization, located at 3565 S State Road in Ionia, with a commitment to enhancing the wellbeing of the local community. With four physician practice offices within Ionia County, they offer primary care and some specialty services, including OB/GYN, neurology, and occupational health. Designated as rural health centers and patient-centered medical homes, their practices in Ionia, Muir, Saranac, and Portland cater to a wide range of healthcare needs. Sparrow Ionia Hospital accepts various governmental payers, ensuring affordability through reimbursement rates at or below costs. Their charity care policy extends free care to eligible community members in the outpatient setting. As of December 31, 2022, the hospital recorded 71,131 visits in their physician offices. With a workforce of 384 employees, Sparrow Ionia Hospital remains dedicated to maintaining the health and wellbeing of their community members.
Official website here: www.sparrow.org/sparrowionia
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Sparrow Ionia Hospital has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The score is based entirely on a single beacon score, which highlights the organization's commitment to transparency and responsible financial management. The hospital has an independent board comprised of 83% independent members and scores full points in critical areas such as financial oversight and conflict of interest policies.
The organization demonstrates a solid financial foundation, with a liabilities to assets ratio of 13.51% and a program expense ratio of 77.64%. These figures indicate that a significant portion of its resources is allocated toward fulfilling its mission rather than administrative expenses. Furthermore, Sparrow Ionia Hospital has established robust policies for whistleblower protections and document retention, ensuring operational integrity.
While the organization excels in financial accountability, the data does not provide insights into community impact or specific program outcomes. Consequently, while the financial health is clear, potential donors or supporters may seek additional information regarding the effectiveness of Sparrow Ionia Hospital's programs and services in meeting community needs.
This AI summary has been generated from information found on Charity Navigator.
Is Sparrow Ionia Hospital legitimate?
Sparrow Ionia Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sparrow Ionia 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: $293,869
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,882,729
For more financial information, click here
Official website here: www.sparrow.org/sparrowionia
What is the mission statement of Sparrow Ionia Hospital?
Sparrow Ionia Hospital is dedicated to enhancing and preserving the health of the people in the communities they serve. The institution runs four physician practice offices within the county, providing primary care and some specialty services in areas such as OB/GYN, neurology, and occupational health. These practices carry the patient-centered medical home designation and accept all governmental payers with reimbursement rates at or below costs. The hospital's charity care policy extends free care to eligible individuals in the community. For the year ending December 31, 2022, the hospital recorded 71,131 visits in its physician offices.
Official website here: www.sparrow.org/sparrowionia
Who is the CEO of Sparrow Ionia Hospital?
Margaret Dimond Phd is the Physician of Sparrow Ionia Hospital.
Official website here: www.sparrow.org/sparrowionia
What is the revenue of Sparrow Ionia Hospital?
Sparrow Ionia Hospital's revenue in 2022 was $69,405,348.
Official website here: www.sparrow.org/sparrowionia
Who are the executives of Sparrow Ionia Hospital and what are their salaries?
The average compensation at Sparrow Ionia Hospital during 2022 was $68,168. There are 384 employees and 42 volunteers at Sparrow Ionia Hospital.
Here are 23 key members and their salaries:
- Compensation: $894,028
- Related: $0
- Other: $106,944
- Compensation: $685,411
- Related: $0
- Other: $75,262
- Compensation: $0
- Related: $648,489
- Other: $61,609
- Compensation: $587,892
- Related: $0
- Other: $91,415
- Compensation: $539,755
- Related: $0
- Other: $60,011
- Compensation: $520,836
- Related: $0
- Other: $66,991
- Compensation: $0
- Related: $402,934
- Other: $97,125
- Compensation: $389,187
- Related: $0
- Other: $61,513
- Compensation: $0
- Related: $297,892
- Other: $48,812
- Compensation: $0
- Related: $274,333
- Other: $38,974
- Compensation: $0
- Related: $256,631
- Other: $37,238
- Compensation: $0
- Related: $252,731
- Other: $39,918
- Compensation: $0
- Related: $225,430
- Other: $41,058
- 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.sparrow.org/sparrowionia
Where can I find the form 990 for Sparrow Ionia Hospital?
Sparrow Ionia Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sparrow.org/sparrowionia
Learn more at the official website: www.sparrow.org/sparrowionia
Mission Statement of Sparrow Ionia Hospital
Sparrow Ionia Hospital, a dedicated healthcare provider, is committed to enhancing and preserving the health of the communities it serves. The organization runs four physician practice offices within Ionia County, providing primary care as well as some specialty care in areas such as Ob/Gyn, Neurology, and Occupational Health. The practices in Ionia, Muir, Saranac, and Portland hold the designations of rural health centers and patient-centered medical homes. Sparrow Ionia Hospital accepts all governmental payers, including Medicare, Medicaid, and Tricare, offering reimbursement rates at or below costs. In addition, its charity care policy extends free care in the outpatient setting to those in the community who qualify. For the fiscal year ending December 31, 2022, the hospital recorded 71,131 visits in its physician offices. Sparrow Ionia Hospital's mission is to provide comprehensive healthcare services to the communities it serves, ensuring access to essential medical care for all individuals. Its commitment to community health goes beyond just treating illnesses; it strives to promote wellness and prevent disease through its various healthcare initiatives. With a patient-centered approach, Sparrow Ionia Hospital aims to improve the overall health of the communities it serves, fostering a healthier population and enhancing the quality of life for its residents.
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Impact
October, 2024
Sparrow Ionia Hospital plays a vital role in enhancing community health and well-being in Ionia County. With four physician practice offices, the hospital provides essential primary care and specialized services, including OB/GYN, neurology, and occupational health. These practices are designated as rural health centers and are recognized as patient-centered medical homes, ensuring comprehensive care tailored to individual needs.
By accepting all governmental payers like Medicare, Medicaid, and Tricare, Sparrow Ionia Hospital ensures that financial barriers do not prevent residents from accessing necessary health services. The reimbursement rates are maintained at or below costs, demonstrating a commitment to the community's health without overburdening patients financially.
Moreover, the hospital's charity care policy extends crucial support by offering free outpatient services to qualifying individuals, thus addressing healthcare disparities and improving access to essential medical care. In 2022, the hospital recorded 71,131 visits in its physician offices, reflecting its significant impact on the local population's health.
Through these initiatives, Sparrow Ionia Hospital contributes to a healthier community, fosters preventive care, and strives to improve health outcomes for the residents it serves.
This information is meant to be a general summary of Sparrow Ionia 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: $187,865
- Program Service Revenue: $65,800,892
- Gross Receipts: $69,408,526
Assets and Liabilities:
- Total Assets: $65,692,159
- Total Liabilities: $8,877,003
- Net Assets: $56,815,156
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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
$64,913,714
EMPLOYEE PRESCRIPTIONS (340B)
Revenue
$887,178
Organization Details
Founding Year
1995
Phone
(616) 523-1400Principal Officer
Margaret Dimond Phd
Main Address
3565 S STATE ROAD, IONIA, MI, 48846
Website
www.sparrow.org/sparrowioniaNTEE Category
Code: E21 - Health
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