Overview
What is Tri-County Memorial Hospital Inc?
Tri-County Memorial Hospital Inc, located in Whitehall, Wisconsin, is a nonprofit organization dedicated to providing comprehensive healthcare services to the community. They operate a critical access hospital, offering inpatient and outpatient care, emergency services, and Swing Bed services. The organization also manages a skilled nursing facility, an assisted living facility, three rural health clinics, and an ambulance service. Tri-County's mission includes enhancing the health of the community, particularly for low-income patients. They provide services to underinsured or uninsured individuals and those enrolled in government programs like Medicare. Charity care is offered to eligible patients based on federal poverty guidelines, while discounts to the Medicaid program amounted to over $4.4 million in 2022. The hospital goes above and beyond by covering unpaid costs for the elderly, offering health screenings, and providing community education. Their commitment to excellence in patient care, education, and community health is unwavering.
Official website here: www.gundersenhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Tri-County Memorial Hospital Inc has received an 82% rating on Charity Navigator, indicating a solid performance in accountability and finance. The score is entirely derived from the Accountability & Finance beacon, highlighting the organization's commitment to financial transparency and responsible management. The hospital has established a majority of independent board members and maintains a thorough audit and oversight committee, reflecting its dedication to governance standards.
Strengths noted in the evaluations include a strong program expense ratio, suggesting that a significant portion of its funds goes directly toward its mission-driven activities. The organization has also implemented essential policies, such as conflict of interest and whistleblower protections, which are crucial for ethical operations. The presence of listed financial statements and documented board meeting minutes further supports its accountability.
However, one limitation identified is the liabilities to assets ratio, which sits at 68.65%. This aspect indicates a relatively high level of liabilities compared to assets, which may warrant attention for future financial sustainability. Overall, Tri-County Memorial Hospital Inc shows a commendable level of accountability, yet there are areas where financial management could be improved.
This AI summary has been generated from information found on Charity Navigator.
Is Tri-County Memorial Hospital Inc legitimate?
Tri-County Memorial Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri-County Memorial Hospital 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,432,403
For more financial information, click here
Official website here: www.gundersenhealth.org
What is the mission statement of Tri-County Memorial Hospital Inc?
Tri-County Memorial Hospital Inc stands out by delivering exceptional patient care, education, and health improvements in the communities they serve. The organization offers inpatient, outpatient, and emergency healthcare services, as well as financial support through various programs. These initiatives enhance the overall health of the community, including those with limited resources. The hospital provides care to patients regardless of their ability to pay and offers significant reductions to those who meet certain criteria based on federal poverty guidelines. In 2022, the hospital forwent over $593,000 in charges for charity care and provided an additional $4.3 million in discounts to the Medicaid program. Benefits to the community extend beyond healthcare services, including unpaid costs for treating the elderly, health screenings, and community education through seminars and classes.
Official website here: www.gundersenhealth.org
Who is the CEO of Tri-County Memorial Hospital Inc?
Scott Rathgaber is the CEO of Tri-County Memorial Hospital Inc The CEO's salary of Tri-County Memorial Hospital Inc is $0 and their total compensation is $0.
Official website here: www.gundersenhealth.org
What is the revenue of Tri-County Memorial Hospital Inc?
Tri-County Memorial Hospital Inc's revenue in 2023 was $23,063,676.
Official website here: www.gundersenhealth.org
Who are the executives of Tri-County Memorial Hospital Inc and what are their salaries?
The average compensation at Tri-County Memorial Hospital Inc during 2023 was $37,128. There 11 volunteers at Tri-County Memorial Hospital Inc.
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Official website here: www.gundersenhealth.org
Where can I find the form 990 for Tri-County Memorial Hospital Inc?
Tri-County Memorial Hospital Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gundersenhealth.org
Learn more at the official website: www.gundersenhealth.org
Mission Statement of Tri-County Memorial Hospital Inc
Tri-County Memorial Hospital Inc stands out by delivering exceptional patient care, education, and health improvement in the communities it serves. The organization goes beyond providing inpatient, outpatient, and emergency healthcare services; it also offers various programs that enhance community health, particularly for low-income patients.
At the heart of Tri-County's operations is a critical access hospital, which houses inpatient acute care, swing bed services, an emergency department, and outpatient services. Visiting specialists from an affiliated organization, Gundersen Clinic, Ltd., perform gastroenterology, orthopedic, and ophthalmic surgical procedures on-site. Furthermore, Tri-County operates a skilled nursing facility, an assisted living facility, three rural health clinics, and an ambulance service, extending its care and support to a wider population.
Tri-County is committed to providing healthcare services to patients regardless of their ability to pay, including those who are underinsured or cannot afford health insurance. It also offers services to patients under government programs like Medicaid. The organization follows a charity care policy, under which patients who meet certain criteria, generally based on federal poverty guidelines, receive care at significantly reduced rates. In 2022, Tri-County foregone charges for services and supplies under this policy totaled $593,562, and discounts to the Medicaid program amounted to $4,312,907.
Additionally, Tri-County's community benefits include unpaid costs of treating the elderly, health screenings, community education through seminars and classes, and other health-related services. Through these initiatives, Tri-County Memorial Hospital Inc continues to make a positive impact on the lives of individuals in need.
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Impact
October, 2024
Tri-County Memorial Hospital Inc. has a significant impact on the health and well-being of the communities it serves in Whitehall, WI. By providing comprehensive healthcare services, including inpatient, outpatient, and emergency care, the hospital effectively addresses the diverse health needs of local residents. With 24-hour emergency services, surgical operations, and various outpatient procedures facilitated by visiting specialists, the hospital plays a crucial role in ensuring accessible healthcare.
The facility also prioritizes the health of vulnerable populations, including low-income patients, by offering care regardless of their ability to pay. Tri-County's commitment to community health is reflected in its diverse programs, such as providing charity care and supporting patients under government programs like Medicaid. In 2022, the hospital forgave significant amounts in charges for charity care and discounted services, totaling over $4.9 million in support for those facing financial hardships.
Additionally, the hospital enhances community health through educational initiatives, health screenings, and support for the elderly, thus fostering a healthier population. By leveraging its critical access hospital designation and additional services like skilled nursing, assisted living, rural health clinics, and ambulance services, Tri-County Memorial Hospital Inc. remains a cornerstone of health and wellness in the area, driving improved health outcomes for all community members.
This information is meant to be a general summary of Tri-County Memorial Hospital 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 2023.
- Investment Income: $111,453
- Program Service Revenue: $22,487,951
- Gross Receipts: $23,063,676
Assets and Liabilities:
- Total Assets: $64,126,230
- Total Liabilities: $44,027,048
- Net Assets: $20,099,182
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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
$16,884,010
PHARMACY REVENUE
Revenue
$4,555,701
NURSING HOME REVENUE
Revenue
$343,240
ASSISTED LIVING REVENUE
Revenue
$326,727
Organization Details
Founding Year
1937
Principal Officer
Joni Olson
Website
www.gundersenhealth.orgNTEE Category
Code: E22 - Health
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