Overview
What is Aitkin Community Hospital?
Aitkin Community Hospital, doing business as Riverwood Healthcare Center, is a dedicated nonprofit healthcare provider based in Aitkin, Minnesota. Their mission is to enhance health by offering high-quality, compassionate, and personalized care. Riverwood's strategic goals, referred to as their six pillars, encompass people, customer service, growth, community, stewardship, and quality. Recently, they expanded their specialty care services to include urology, obstetrics/gynecology, orthopedics, and ENT. Leveraging digital technology, they provide telemedicine virtual visits for primary and specialty care, as well as virtual resources for inpatient care. During the pandemic, they utilized Zoom webinars to educate the community about COVID-19 and other health topics. Riverwood continues to offer patients the opportunity to meet with their healthcare providers remotely, providing greater convenience for those with job or time constraints or in unsafe weather conditions. In fiscal year 2022, they received several recognitions, including as a Comprehensive Advanced Life Support (CALS) hospital and a top 100 critical access hospital in the US. With a commitment to patient experience, they were rated as having a five-star hospital patient experience by the Centers for Medicare and Medicaid Services. Currently, they are constructing a new surgical wing to accommodate larger surgery volumes and advanced technology.
Official website here: www.riverwoodhealthcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Aitkin Community Hospital has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's impressive score indicates a high level of transparency and sound financial management, with an accountability score of 96%. Notably, the hospital maintains a majority independent board, which enhances its governance practices.
The hospital demonstrates a solid commitment to ethical practices, evidenced by its comprehensive policies on conflict of interest and whistleblower protections. The organization scored perfectly in areas such as financial oversight, with no material diversion of assets reported, and an excellent liabilities to assets ratio, indicating a stable financial standing.
Although the data does not highlight specific programmatic outcomes or community impact details, the high program expense ratio of 84.91% shows that a significant portion of its budget is directed towards program services rather than administrative costs. This suggests a focus on delivering value and services to the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Aitkin Community Hospital legitimate?
Aitkin Community Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aitkin Community 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: $2,124,030
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,738,229
For more financial information, click here
Official website here: www.riverwoodhealthcare.org
What is the mission statement of Aitkin Community Hospital?
Riverwood Healthcare Center, also known as Aitkin Community Hospital, is dedicated to improving health by providing high-quality, compassionate, and personalized care. Their mission is underpinned by the values of integrity, customer service, unity, respect, compassion, excellence, and passion. To achieve their goals, they have identified six strategic pillars: people, customer service, growth, community, stewardship, and quality. In fiscal year 2022, they expanded their specialty care services by adding medical providers in urology, obstetrics/gynecology, orthopedics, and ear, nose, and throat services. They also enhanced patient care through digital technology, such as telemedicine virtual visits for primary and specialty care, and virtual resources for inpatient care. During the coronavirus pandemic, they educated the community about COVID-19 and other health topics through Zoom webinars. Riverwood continues to offer patients the opportunity to meet with their healthcare providers remotely, providing greater convenience for those who find it difficult to travel to the clinic. In addition to their commitment to patient experience, they received several hospital designations in fiscal year 2022, including the Comprehensive Advanced Life Support (CALS) Hospital designation, which requires all providers to be certified in trauma, advanced cardiac life support, pediatrics, and neonatal care.
Official website here: www.riverwoodhealthcare.org
Who is the CEO of Aitkin Community Hospital?
Ken Westman is the Ceo of Aitkin Community Hospital. The CEO's salary of Aitkin Community Hospital is $0 and their total compensation is $0.
Official website here: www.riverwoodhealthcare.org
What is the revenue of Aitkin Community Hospital?
Aitkin Community Hospital's revenue in 2022 was $91,742,125.
Official website here: www.riverwoodhealthcare.org
Who are the executives of Aitkin Community Hospital and what are their salaries?
The average compensation at Aitkin Community Hospital during 2022 was $58,356. There are 546 employees and 100 volunteers at Aitkin Community Hospital.
Here are 21 key members and their salaries (Aitkin Community Hospital's CEO's salary is $0 and their total compensation is $0):
- Compensation: $550,365
- Related: $0
- Other: $42,555
- Compensation: $399,704
- Related: $0
- Other: $50,969
- Compensation: $399,632
- Related: $0
- Other: $46,219
- Compensation: $398,626
- Related: $0
- Other: $42,420
- Compensation: $360,574
- Related: $0
- Other: $30,071
- Compensation: $291,164
- Related: $0
- Other: $44,548
- Compensation: $281,856
- Related: $0
- Other: $41,545
- Compensation: $276,447
- Related: $0
- Other: $43,376
- Compensation: $253,049
- Related: $0
- Other: $53,763
- Compensation: $218,428
- Related: $0
- Other: $40,597
- 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.riverwoodhealthcare.org
Where can I find the form 990 for Aitkin Community Hospital?
Aitkin Community Hospital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riverwoodhealthcare.org
Learn more at the official website: www.riverwoodhealthcare.org
Mission Statement of Aitkin Community Hospital
Aitkin Community Hospital Dba Riverwood Healthcare Center is a mission-driven healthcare organization dedicated to improving the health and wellbeing of its patients through high-quality, compassionate, and personalized care. The organization strives to be the preferred healthcare system in its region, guided by its values of integrity, customer service, unity, respect, compassion, excellence, and passion.
Riverwood Healthcare Center's six strategic goals, or pillars, include people, customer service, growth, community, stewardship, and quality. These pillars are at the core of everything the organization does for its patients. In fiscal year 2022, Riverwood Healthcare Center expanded its specialty care staff to include medical providers in urology, obstetrics/gynecology, orthopedics, and ear, nose, and throat services, increasing access to essential healthcare services for its residents. The organization also continued to leverage digital technology to enhance patient care, offering virtual visits for primary care and specialty care, and implementing virtual resources for inpatient care.
During the coronavirus pandemic, Riverwood Healthcare Center used Zoom webinars to educate the community about COVID-19 and other health topics, and offered patients the opportunity to meet with their healthcare providers from the comfort of their own homes. This not only provided greater convenience for patients but also ensured their safety during the pandemic. The organization also continued to sponsor COVID clinics in collaboration with local health departments.
Riverwood Healthcare Center is committed to delivering the highest quality patient-centered care and continually examines the emerging healthcare needs of the communities it serves. It focuses on health, wellness, and prevention, educating and informing its patients and the community on various health issues. The organization's commitment to healthcare excellence is reflected in its numerous accolades, including being named a top 100 critical access hospital in the US for the sixth time in the past decade, and receiving the Governor's Safety Award for workplace safety.
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Impact
October, 2024
Aitkin Community Hospital significantly enhances the health and well-being of its local community through a comprehensive approach to healthcare that prioritizes high-quality, compassionate, and personalized patient care. By focusing on six strategic pillars—people, customer service, growth, community, stewardship, and quality—the hospital aims to create an environment where patients feel valued and cared for.
In 2022, the hospital expanded its specialty care offerings by adding providers in crucial areas such as urology, obstetrics/gynecology, orthopedics, and ear, nose, and throat services. This strategic expansion allows residents greater access to essential medical services, reinforcing the hospital’s commitment to meeting community health needs.
The use of digital technology has further enhanced patient care, providing telemedicine options that facilitate remote consultations. This initiative not only improves access for patients who may struggle to visit the clinic in person but also ensures continuity of care, particularly during challenging circumstances like the COVID-19 pandemic. Educational efforts, such as webinars on health topics, also highlight the hospital’s role in keeping the community informed and engaged.
Aitkin Community Hospital's commitment to excellence is exemplified by its recognition as a Comprehensive Advanced Life Support (CALS) hospital, ensuring that all staff are equipped with the necessary trauma and medical training. Furthermore, patient satisfaction is a top priority, as evidenced by its five-star rating from the Centers for Medicare and Medicaid Services, based on various aspects of the patient experience.
To address growing surgical needs, the hospital is currently constructing a new surgical wing that will include expanded operating rooms and specialized equipment. This infrastructure investment demonstrates a proactive approach to healthcare delivery, anticipating the evolving needs of the community.
Recognition for workplace safety and inclusion among the top 100 critical access hospitals in the U.S. further illustrates the hospital's dedication to maintaining a high standard of care and operational excellence. By continuously assessing and responding to community health needs, Aitkin Community Hospital plays a vital role in enhancing the overall health landscape of Aitkin County and surrounding areas.
This information is meant to be a general summary of Aitkin Community 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: $3,240,912
- Program Service Revenue: $87,225,506
- Gross Receipts: $107,472,829
Assets and Liabilities:
- Total Assets: $122,550,858
- Total Liabilities: $51,542,238
- Net Assets: $71,008,620
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$86,843,143
RETAIL PHARMACY
Revenue
$348,363
ELECTRONIC HEALTH RECORD INCENTIV
Revenue
$34,000
Organization Details
Founding Year
1948
Phone
(218) 927-2121Principal Officer
Ken Westman
Main Address
200 BUNKER HILL DRIVE, AITKIN, MN, 56431
Website
www.riverwoodhealthcare.orgNTEE Category
Code: E220 - Health
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