Overview
What is Parkview Wabash Hospital Inc?
Parkview Wabash Hospital Inc, located in Wabash, Indiana, is a dedicated member of Parkview Health. The organization is committed to improving the health of the local communities through world-class teamwork and excellent care. With a team of caring professionals, they deliver 24-hour emergency services, two surgical suites, a medical infusion unit, rehabilitation and wellness services, a full-service lab and pharmacy, diagnostic imaging services, and specialty and primary care offices on-site. Parkview Wabash Hospital is a Magnet-designated hospital, a recognition of nursing excellence, and has achieved top quartile performance in quality, outcomes, and patient perspective categories. The hospital values relationships with patients and the community, offers volunteer opportunities, and provides spiritual support for patients and families. They invest in community health improvement efforts and support financial assistance programs. Parkview Wabash Hospital's mission is to improve the health of their communities and provide quality health services to all.
Official website here: www.parkview.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Parkview Wabash Hospital Inc has received a Three-Star rating from Charity Navigator, reflecting its accountability and financial health. The score emphasizes the organization's commitment to transparency and responsible financial practices, with a strong focus on accountability, as evidenced by a high rating of 81 in this category.
The organization showcases notable strengths, including a majority of independent board members and robust financial oversight mechanisms such as an Audit and Oversight Committee. The program expense ratio stands at an impressive 83.59%, indicating that a significant portion of the funds is directed towards its programs rather than administrative costs.
However, the organization does face a challenge with its liabilities to assets ratio, which is notably high at 119.54%. This raises potential concerns about financial stability, suggesting that the hospital may be over-leveraged. Overall, while Parkview Wabash Hospital Inc demonstrates commendable accountability practices, the financial leverage could be a point of consideration for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Parkview Wabash Hospital Inc legitimate?
Parkview Wabash Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkview Wabash 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: $682,029
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,795,127
For more financial information, click here
Official website here: www.parkview.com
What is the mission statement of Parkview Wabash Hospital Inc?
Parkview Wabash Hospital Inc is dedicated to improving the health of communities and providing quality health services to all. They deliver world-class teamwork and excellent care, tailoring personalized health journeys in partnership with patients and community organizations. The hospital values convenience, compassion, and excellence in cost and quality, developing and nurturing relationships with patients and the community. As a Magnet designated hospital, Parkview Wabash Hospital Inc maintains high standards for nursing excellence, providing nurses with professional autonomy and opportunities for interdisciplinary collaborations. In 2022, they were recognized with a Performance Leadership Award in the Quality, Outcomes, and Patient Perspective categories by the Chartis Center for Rural Health. The hospital provides a range of services, including emergency care, surgery, rehabilitation, and diagnostic imaging. They also offer student internships and collaborate with community health partners to fund initiatives that promote healthy lifestyle choices and well-being.
Official website here: www.parkview.com
Who is the CEO of Parkview Wabash Hospital Inc?
Michael Packnett is the CEO of Parkview Wabash Hospital Inc The CEO's salary of Parkview Wabash Hospital Inc is $0 and their total compensation is $5,063,462.
Official website here: www.parkview.com
What is the revenue of Parkview Wabash Hospital Inc?
Parkview Wabash Hospital Inc's revenue in 2023 was $68,700,551.
Official website here: www.parkview.com
Who are the executives of Parkview Wabash Hospital Inc and what are their salaries?
The average compensation at Parkview Wabash Hospital Inc during 2023 was $59,823. There are 242 employees and 20 volunteers at Parkview Wabash Hospital Inc.
Here are 20 key members and their salaries (Parkview Wabash Hospital Inc's CEO's salary is $0 and their total compensation is $5,063,462):
- Compensation: $22,778
- Related: $473,493
- Other: $64,808
- Compensation: $312,151
- Related: $0
- Other: $67,387
- Compensation: $11,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $2,000
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $1,500
- Other: $0
- Compensation: $4,250
- Related: $0
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
- Compensation: $4,250
- Related: $0
- Other: $0
- Compensation: $3,250
- Related: $0
- Other: $0
- Compensation: $0
- Related: $888,491
- Other: $189,006
- Compensation: $0
- Related: $2,165,508
- Other: $277,888
- Compensation: $198,936
- Related: $8,413
- Other: $31,845
- Compensation: $188,296
- Related: $0
- Other: $30,217
- Compensation: $168,123
- Related: $2,572
- Other: $51,672
- Compensation: $157,381
- Related: $0
- Other: $26,545
- Compensation: $155,237
- Related: $0
- Other: $23,316
- Compensation: $133,648
- Related: $9,500
- Other: $21,963
- Compensation: $0
- Related: $5,034,209
- Other: $29,253
Official website here: www.parkview.com
Where can I find the form 990 for Parkview Wabash Hospital Inc?
Parkview Wabash Hospital Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.parkview.com
Learn more at the official website: www.parkview.com
Mission Statement of Parkview Wabash Hospital Inc
Parkview Wabash Hospital Inc, a dedicated healthcare organization, strives to improve the health of communities and provide top-quality services to all who entrust their care to them. With a strong commitment to excellence, innovation, and value, the hospital delivers world-class teamwork and personalized healthcare journeys. They collaborate with patients and community organizations to tailor effective treatments and maintain convenience, compassion, and affordability.
This Magnet-designated hospital, one of the smallest in the United States to achieve this recognition, is widely recognized for its nursing excellence. Magnet designation signifies measurable, positive patient outcomes and high satisfaction levels, ensuring that rigorous standards for nursing excellence are met. To maintain this distinction, the hospital must continue to meet the high standards set by the American Nurses Credentialing Center's Magnet Recognition Program. The designation allows Parkview Wabash Hospital Inc to provide a professional environment for its nursing team, enabling them to make clinical decisions at patient bedside and collaborate interdisciplinary with other team members.
In 2022, Parkview Wabash Hospital Inc received the Performance Leadership Award from the Chartis Center for Rural Health for top quartile performance in all areas, including quality, outcomes, and patient perspective. The comprehensive range of services includes a 24-hour emergency department, two surgical suites, a medical infusion unit, rehabilitation and wellness services, full-service lab and pharmacy, diagnostic imaging services, and Parkview Physicians Group specialty and primary care offices on site.
Additionally, the hospital offers a Patient and Family Advisory Council, a volunteer program, and a part-time chaplaincy program, all aimed at enhancing the patient and caregiver experience. The hospital collaborates with community health partners and provides financial assistance for those in need, emphasizing its mission to care for individuals regardless of their financial abilities. Through various community health improvement initiatives, the hospital invests in programs promoting healthy lifestyle choices and well-being.
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Impact
October, 2024
Parkview Wabash Hospital Inc significantly impacts the health and well-being of the Wabash community through a comprehensive range of services and community initiatives. By delivering world-class healthcare combined with compassion and excellence, the hospital fosters an environment where patients receive personalized care that is both accessible and effective.
As a Critical Access Hospital, it stands out for its Magnet designation, reflecting a commitment to nursing excellence and high patient satisfaction. This recognition is achieved through measurable outcomes and a supportive culture that empowers nursing professionals to make impactful clinical decisions at the bedside. The hospital has received awards for its quality of care, further establishing its role as a leader in health outcomes.
Its full-service 24-hour emergency department, surgical suites, outpatient medical infusion unit, and various rehabilitation and diagnostic services address diverse healthcare needs. Additionally, the hospital collaborates with the Parkview Physicians Group to ensure that community members have access to primary care even if they are uninsured or underinsured.
The hospital actively engages with the community through the Patient and Family Advisory Council, which provides a platform for patient voices to influence hospital practices. Furthermore, Parkview Wabash Hospital is committed to community health improvement, supporting local organizations focused on critical health issues like substance use disorder, mental health, and obesity.
Financial assistance is readily available to those who need it, ensuring that care is provided based on necessity rather than the ability to pay. Educational initiatives, including student internships in healthcare settings, also demonstrate its commitment to nurturing future healthcare professionals.
A part-time chaplaincy program offers spiritual support, reflecting a holistic approach to healthcare that considers the emotional and spiritual well-being of patients and families. The hospital’s outreach programs and community events underscore its dedication to enhancing public health, making it one of Wabash County's largest employers and a pivotal community resource.
Through these multifaceted efforts, Parkview Wabash Hospital Inc plays a vital role in improving health outcomes and quality of life for individuals and families in the region.
This information is meant to be a general summary of Parkview Wabash 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: $2,387
- Program Service Revenue: $68,136,159
- Gross Receipts: $68,766,289
Assets and Liabilities:
- Total Assets: $43,274,746
- Total Liabilities: $51,731,175
- Net Assets: -$8,456,429
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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
$68,014,859
PHARMACY
Revenue
$90,624
INTERUNIT RENT
Revenue
$24,168
MEALS ON WHEELS
Revenue
$6,508
Organization Details
Founding Year
2014
Principal Officer
Greg Johnson
Website
www.parkview.comNTEE Category
Code: E20 - Health
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