Overview
What is Inova Health Care Services?
Inova Health Care Services (IHCS) is a significant nonprofit organization within the Inova Health System, whose mission is to cater to the community's health needs by operating and maintaining hospitals and healthcare facilities. With a workforce of over 25,500 employees, IHCS encompasses a centralized System Office and various unincorporated and incorporated subsidiaries, such as Inova Fairfax Hospital, Inova Mount Vernon Hospital, Inova Fair Oaks Hospital, Inova Alexandria Hospital, and more. Their services span across three campuses in Fairfax County, one campus in Loudoun County, and one in the City of Alexandria, Virginia. IHCS provides comprehensive medical and surgical services, including emergency and trauma facilities, cardiac, transplant, cancer, obstetric, pediatric, neonatal, stroke, and extensive outpatient services. Their hospitals have received high ratings in the CMS Five-Star Quality Rating System, reflecting their commitment to patient experience, infection rates, readmissions, and mortality. IHCS also offers a wide range of specialized programs and services, such as cardiovascular care, research centers, assisted living facilities, and behavioral health and addiction treatment.
Official website here: www.inova.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Stars)
Inova Health Care Services has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is based solely on its Accountability & Finance metrics, indicating a strong emphasis on financial integrity and responsible management. The absence of material diversion of assets and a comprehensive audit and oversight committee suggest a commitment to transparency and ethical operations.
Strengths of Inova Health Care Services include its high program expense ratio of 85.78%, demonstrating that a significant portion of its funding is directed towards its mission-related activities. Additionally, the organization has established robust policies regarding conflict of interest and whistleblower protections, which enhances its accountability framework. These factors contribute positively to its reputation as a responsible nonprofit.
However, while the financial indicators are strong, the lack of a more comprehensive evaluation that includes other areas such as impact and sustainability could limit the understanding of the organization's overall effectiveness. Nevertheless, the current metrics indicate that Inova Health Care Services is managing its resources well and adheres to high standards of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Inova Health Care Services legitimate?
Inova Health Care Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Inova Health Care Services 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: $23,764,745
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,210,594,505
For more financial information, click here
Official website here: www.inova.org
What is the mission statement of Inova Health Care Services?
Inova Health Care Services (IHCS) is committed to serving the health care needs of the community by maintaining and operating hospitals and related facilities. Established with a charter to promote general health and carry out health-related education and scientific research, IHCS encompasses various divisions such as hospitals, research centers, rehabilitation services, and urgent care centers. The organization's mission extends to providing a range of services aimed at improving the overall well-being of the community, including behavioral health and addiction treatment, assisted living facilities, employee assistance, and various health programs. IHCS's centralized System Office oversees the operations of these divisions to ensure the delivery of quality care and services to the people they serve.
Official website here: www.inova.org
Who is the CEO of Inova Health Care Services?
J Stephen Jones Md is the President/Ceo of Inova Health Care Services. The CEO's salary of Inova Health Care Services is $5,303,697 and their total compensation is $5,370,547.
Official website here: www.inova.org
What is the revenue of Inova Health Care Services?
Inova Health Care Services's revenue in 2022 was $5,068,330,080.
Official website here: www.inova.org
Who are the executives of Inova Health Care Services and what are their salaries?
The average compensation at Inova Health Care Services during 2022 was $87,362. There are 25576 employees and 1098 volunteers at Inova Health Care Services.
Here are 20 key members and their salaries (Inova Health Care Services's CEO's salary is $5,303,697 and their total compensation is $5,370,547):
- Compensation: $5,303,697
- Related: $0
- Other: $66,850
- Compensation: $1,196,637
- Related: $0
- Other: $172,629
- Compensation: $1,885,873
- Related: $0
- Other: $79,139
- Compensation: $2,209,238
- Related: $0
- Other: $87,325
- Compensation: $1,260,787
- Related: $0
- Other: $85,541
- Compensation: $1,689,937
- Related: $0
- Other: $105,021
- Compensation: $1,249,609
- Related: $0
- Other: $89,549
- Compensation: $1,502,668
- Related: $0
- Other: $89,070
- Compensation: $1,023,665
- Related: $0
- Other: $70,457
- Compensation: $1,037,459
- Related: $0
- Other: $62,870
- Compensation: $1,197,412
- Related: $0
- Other: $202,008
- Compensation: $1,671,214
- Related: $0
- Other: $65,821
- Compensation: $1,264,459
- Related: $0
- Other: $95,811
- Compensation: $1,827,830
- Related: $0
- Other: $178,377
- Compensation: $2,062,806
- Related: $0
- Other: $91,332
- Compensation: $1,673,162
- Related: $0
- Other: $55,614
- Compensation: $1,702,873
- Related: $0
- Other: $71,411
- Compensation: $1,686,690
- Related: $0
- Other: $95,036
- Compensation: $415,651
- Related: $0
- Other: $19,649
- Compensation: $514,402
- Related: $0
- Other: $82,933
Official website here: www.inova.org
Where can I find the form 990 for Inova Health Care Services?
Inova Health Care Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.inova.org
Learn more at the official website: www.inova.org
Mission Statement of Inova Health Care Services
Inova Health Care Services (IHCS), a renowned organization, is dedicated to serving the health care needs of the community by establishing, maintaining, and operating hospital facilities, programs, and other shared service arrangements. The mission of IHCS goes beyond just operating hospitals; it carries on health-related education activities, promotes scientific research, and engages in activities aimed at improving the general health of the community.
IHCS is structured around a Centralized System Office and several unincorporated divisions. Some of these divisions include Inova Fairfax Hospital, Inova Mount Vernon Hospital, Inova Fair Oaks Hospital, Inova Alexandria Hospital, ACCESS of Reston, ACCESS of Fairfax, Inova Research Center, Assisted Living Facilities, Inova Physical Rehabilitation Services, Inova Urgent Care Centers, Inova Employee Assistance, and Behavioral Health and Addiction Treatment. Together, these divisions work in harmony to provide comprehensive health care services to the community.
Inova Health Care Services is more than just a health care provider. It is an organization that actively invests in the wellbeing of the community by offering a wide range of services. Through its hospitals, research center, and education activities, IHCS strives to maintain and improve the health of the community it serves. Its commitment to the community's health extends beyond the walls of its facilities, reaching into the realms of education, research, and shared service arrangements. IHCS is a beacon of hope, providing valuable resources and expertise to ensure that the community's health needs are met with the highest level of care and dedication.
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Impact
October, 2024
Inova Health Care Services (IHCS) significantly contributes to the health and well-being of the communities it serves through its comprehensive range of hospital facilities and specialized health programs. With five major hospitals and numerous outpatient centers, IHCS provides acute care services, including emergency and trauma care, surgical services, maternal and pediatric health, and various specialty programs.
The impact of IHCS is evident in its impressive service metrics: in 2022, IHCS handled over 110,000 inpatient admissions and observations, more than 592,000 outpatient visits, and over 357,000 emergency visits. These numbers highlight the essential role that IHCS plays in addressing the health needs of the Northern Virginia population. Notably, three of its hospitals have received a prestigious five-star rating from the Centers for Medicare & Medicaid Services, reflecting high standards in patient experience and clinical outcomes.
Furthermore, the Inova Heart and Vascular Institute stands out as a regional leader, offering advanced cardiology care that includes cutting-edge procedures and minimally invasive surgeries. It ranks among the nation's top heart transplant programs and is recognized for its excellence in cardiovascular care.
IHCS also emphasizes health education and scientific research, fostering community wellness through health-related education initiatives and engaging in research that promotes medical advancements. Through the establishment and operation of accessible health facilities, IHCS not only provides critical services but also enhances the overall health landscape of the community, ensuring that residents receive quality healthcare when they need it most.
This information is meant to be a general summary of Inova Health Care Services. 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: $39,828,982
- Program Service Revenue: $4,799,226,260
- Gross Receipts: $5,101,093,812
Assets and Liabilities:
- Total Assets: $7,072,230,197
- Total Liabilities: $3,096,275,089
- Net Assets: $3,975,955,108
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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
$4,759,317,914
Inova Loudoun Ambulatory Surgery
Revenue
$9,309,702
FAIRFAX RADIOLOGY CENTERS LLC
Revenue
$7,937,218
Franconia-Springfield Surgery Ctr
Revenue
$4,770,425
Technical Dynamics, LLC
Revenue
$4,736,335
Organization Details
Founding Year
1956
Phone
(571) 472-8123Principal Officer
J Stephen Jones Md
Main Address
8095 INNOVATION PARK DRIVE FINANCE, FAIRFAX, VA, 22031
Website
www.inova.orgNTEE Category
Code: E200 - Health
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