Overview
What is Stratum Health System Inc?
Stratum Health System Inc is a Sarasota, Florida-based organization providing management and administrative support services to related healthcare entities: Tidewell Hospice, Inc., Approved Home Health, KB Health Solutions, Corpas Home Health Care, Avidity Home Health, and Connexis Medical Services. These entities offer hospice care, home health services, and other related programs responding to patients and families dealing with advanced illness. Stratum Health System's mission is to create a comprehensive system enabling access to post-acute healthcare services, benefiting both the community and other healthcare organizations. They offer support in areas like quality, compliance, medical records, technology, human resources, billing, financial services, consulting, and more, ensuring efficient patient care operations. With a workforce of 748 employees, they have provided 428,335 patient days of hospice care throughout Sarasota, Manatee, Charlotte, and DeSoto Counties.
Official website here: www.empathhealth.org
What are the reviews and ratings of this charity?
Charity Navigator has given Stratum Health System Inc an 86% rating, resulting in a Three-Star out of Four Star rating. This score primarily reflects the organization's strong performance in accountability and finance, indicating a solid foundation in governance and fiscal responsibility.
The nonprofit excels in several areas, including having a fully independent board and a robust audit and oversight committee, both of which contribute positively to its accountability score. Moreover, Stratum Health System has no reported material diversion of assets, demonstrating a commitment to ethical management of resources.
However, while the organization shows strength in governance, its program expense ratio of 62.04% suggests that there is room for improvement in allocating funds directly towards its programs. This aspect may be worth monitoring for potential future enhancements in programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Stratum Health System Inc?
94% of 564 reviewers on Facebook recommend Stratum Health System Inc. Here is a summary of their reviews:
Many supporters appreciate the compassionate care provided by the organization, praising its dedicated staff and their ability to support families during difficult times. However, there are poignant concerns raised by some individuals regarding experiences that were perceived as lacking in empathy and understanding, particularly in moments of grief.
While the majority of reviewers express satisfaction with the services, it’s clear that there are instances where expectations were not met, leading to feelings of disappointment among a minority. Overall, it appears that Stratum Health System Inc. aims to deliver impactful care, though experiences can vary significantly among individuals.
This AI summary has been generated from reviews found on Facebook.
Is Stratum Health System Inc legitimate?
Stratum Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stratum Health System 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: $0
For more financial information, click here
Official website here: www.empathhealth.org
What is the mission statement of Stratum Health System Inc?
Stratum Health System Inc aims to establish a comprehensive system enabling access to post-acute healthcare services, benefiting both the community and other healthcare organizations. By providing management, administrative, and technical support services to related entities such as Tidewell Hospice and others, Stratum Health System facilitates the delivery of quality care and compassionate services to patients and their families dealing with advanced illnesses. Tidewell Hospice's mission is to help people live well by providing care, comfort, and compassion. In the previous year, they provided an impressive 428,335 patient days of hospice care. Stratum Health System supports the patient care operations of these entities through various departments including quality, compliance, medical records, technology, human resources, billing, financial services, consulting, and others.
Official website here: www.empathhealth.org
Who is the CEO of Stratum Health System Inc?
Jonathan Fleece is the President of Stratum Health System Inc. The CEO's salary of Stratum Health System Inc is $0 and their total compensation is $969,863.
Official website here: www.empathhealth.org
What is the revenue of Stratum Health System Inc?
Stratum Health System Inc's revenue in 2022 was $64,895,933.
Official website here: www.empathhealth.org
Who are the executives of Stratum Health System Inc and what are their salaries?
There are 748 employees and 165 volunteers at Stratum Health System Inc.
Here are 17 key members and their salaries (Stratum Health System Inc's CEO's salary is $0 and their total compensation is $969,863):
- Compensation: $910,629
- Related: $0
- Other: $52,399
- Compensation: $0
- Related: $909,978
- Other: $59,885
- Compensation: $426,247
- Related: $0
- Other: $44,537
- Compensation: $494,586
- Related: $0
- Other: $51,925
- Compensation: $365,325
- Related: $0
- Other: $40,531
- Compensation: $305,238
- Related: $0
- Other: $37,693
- Compensation: $286,510
- Related: $0
- Other: $44,327
- Compensation: $236,815
- Related: $0
- Other: $25,109
- Compensation: $234,289
- Related: $0
- Other: $16,910
- Compensation: $227,136
- Related: $0
- Other: $36,795
- 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.empathhealth.org
Where can I find the form 990 for Stratum Health System Inc?
Stratum Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.empathhealth.org
Learn more at the official website: www.empathhealth.org
Mission Statement of Stratum Health System Inc
Stratum Health System Inc, a leading healthcare organization, was established with a mission to create a comprehensive system that enhances access to post-acute healthcare services, ultimately benefiting both the community and other healthcare organizations. In simple terms, Stratum Health System aims to help patients manage their healthcare needs wherever they live.
The organization's core function is to provide management, administrative, and technical support services to the healthcare operations of its related entities: Tidewell Hospice, Inc., Approved Home Health, KB Health Solutions, LLC, Corpas Home Health Care, and Connexis Medical Services, LLC. Each of these entities offers a unique set of programs and services designed to cater to the needs of patients and their families dealing with advanced illness.
Tidewell Hospice, one of the related entities, mission is to help people live well by providing care, comfort, and compassion. They offer a full spectrum of programs and services that respond to the needs of patients and families. In the previous year alone, they provided 428,335 patient days of hospice care.
Stratum Health System supports these patient care operations by providing essential services related to quality, compliance, medical records, technology, human resources, billing, financial services, consulting, and other areas as needed. By doing so, they enable their related entities to focus on delivering high-quality care to their patients.
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Impact
October, 2024
Stratum Health System Inc significantly impacts the healthcare landscape by facilitating comprehensive management and administrative support across various healthcare operations. This includes partnering with organizations like Tidewell Hospice, which addresses the needs of patients and families confronting advanced illnesses. In the past year, Tidewell Hospice alone provided an impressive 428,335 patient days of care, underscoring Stratum's pivotal role in enhancing patient well-being in communities throughout Sarasota, Manatee, Charlotte, and DeSoto counties.
By offering vital services in areas such as quality compliance, medical records, technology, human resources, and billing, Stratum Health System streamlines operations for its partner organizations. This not only ensures efficiency in service delivery but also elevates the standard of care provided to patients. Stratum's commitment to creating a comprehensive system for accessible post-acute healthcare services directly benefits patients, families, and the broader healthcare community, fostering a model of care that emphasizes comfort, compassion, and quality.
This information is meant to be a general summary of Stratum Health System 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 2022.
- Investment Income: $3,020,891
- Program Service Revenue: $55,373,118
- Gross Receipts: $64,897,305
Assets and Liabilities:
- Total Assets: $149,098,432
- Total Liabilities: $24,488,580
- Net Assets: $124,609,852
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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
$31,329,571
MANAGEMENT SERVICE FEES, NET
Revenue
$20,944,204
OTHER REVENUES
Revenue
$3,099,343
Organization Details
Founding Year
2014
Phone
(727) 523-3339Principal Officer
Jonathan Fleece
Main Address
5955 RAND BLVD, SARASOTA, FL, 34238
Website
www.empathhealth.orgNTEE Category
Code: E19 - Health
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