SPARROW SPECIALTY HOSPITAL

EIN: 141885340 501(c)(3) Health Care

LANSING, MI

Total Revenue
$10,487,673
Total Expenses
$8,620,562
Total Assets
$50,181,721
Net Assets
$46,210,120
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MI
Principal Officer
TINA GROSS
Phone
5173644840
Tax Period
2023-01-01 to 2023-06-30

SPARROW SPECIALTY HOSPITAL, founded in 2004, is a mid-sized nonprofit in the Health Care sector that reported $10.5M in total revenue in fiscal year 2022. Revenue fell 55% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.9M, a strong 18% operating margin.

Mission

IMPROVING THE HEALTH OF THE PEOPLE IN OUR COMMUNITIES BY PROVIDING QUALITY, COMPASSIONATE LONG-TERM ACUTE CARE TO EVERYONE, EVERY TIME.

Program Service Accomplishments

Program 1
Expenses: $7,038,257 Revenue: $9,739,164

SPARROW SPECIALTY HOSPITAL (SSH) IS AN ACUTE CARE HOSPITAL, PROVIDING MEDICALLY COMPLEX PATIENTS WITH HIGH LEVELS OF SPECIALIZED CARE OVER A LONGER PERIOD OF TIME THAN NORMALLY SEEN IN A GENERAL...

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SPARROW SPECIALTY HOSPITAL (SSH) IS AN ACUTE CARE HOSPITAL, PROVIDING MEDICALLY COMPLEX PATIENTS WITH HIGH LEVELS OF SPECIALIZED CARE OVER A LONGER PERIOD OF TIME THAN NORMALLY SEEN IN A GENERAL ACUTE CARE HOSPITAL SETTING. SPARROW SPECIALTY HOSPITAL IS HIGHLY FOCUSED ON SPECIFIC PATIENT NEEDS. COMMONLY KNOWN AS A LONG-TERM ACUTE CARE HOSPITAL (LTACH), SPARROW SPECIALTY HOSPITAL IS WORTH CONSIDERING FOR PEOPLE EXPERIENCING A WIDE RANGE OF SERIOUS MEDICAL ILLNESSES, INCLUDING RESPIRATORY PROBLEMS. OPEN SINCE APRIL 2004, SPARROW SPECIALTY HOSPITAL IS LANSING'S FIRST AND ONLY LTACH FACILITY. THE HOSPITAL TREATS ADULTS RECOVERING FROM MAJOR ILLNESS OR INJURIES THAT TYPICALLY REQUIRE AN AVERAGE EXPECTED STAY OF 25 DAYS. SPARROW SPECIALTY HOSPITAL WAS SPECIFICALLY CREATED TO PROVIDE PATIENTS THE OPPORTUNITY OF TIME FOR HEALING. THE HOSPITAL IS A 30-BED, COMMUNITY-BASED, NON-PROFIT HOSPITAL LOCATED ON THE EIGHTH FLOOR OF THE TOWER ON EW SPARROW HOSPITAL'S MAIN CAMPUS. SPARROW SPECIALTY HOSPITAL WAS CREATED TO FILL A GAP IN MEDICAL TREATMENT FOR THE PEOPLE OF MID-MICHIGAN. BEFORE THEN, PATIENTS WHO WERE LOOKING FOR A LONG-TERM ACUTE CARE FACILITY HAD TO BE MOVED TO GRAND RAPIDS, JACKSON, OR DETROIT CREATING A BURDEN FOR FAMILY MEMBERS WHO HAD TO TRAVEL LONG DISTANCES TO VISIT THEM. OUR PATIENTS HAVE A HIGH LEVEL OF DAILY CONTACT WITH PHYSICIANS AND A HIGHLY SKILLED NURSING STAFF. SPARROW SPECIALTY HOSPITAL PROVIDES CARE FOR PATIENTS WHO ARE RECOVERING FROM MULTIPLE SURGERIES AND THOSE WITH MULTIPLE ORGAN SYSTEM FAILURE. SPARROW SPECIALTY HOSPITAL USES AN INTERDISCIPLINARY APPROACH TO MAXIMIZE EACH PATIENT'S RECOVERY POTENTIAL. SERVICES INCLUDE BUT ARE NOT LIMITED TO: - 24-HOUR PROFESSIONAL NURSING CARE - 24-HOUR RESPIRATORY THERAPY - OCCUPATIONAL THERAPY - PHYSICAL THERAPY - SPEECH THERAPY - DISCHARGE PLANNING/CASE MANAGEMENT - IN-PATIENT PHARMACEUTICAL SERVICES - NUTRITIONAL SERVICES - DIALYSIS - VENTILATOR SUPPORT - WOUND CARE - PHYSICIAN SPECIALTY SERVICES - PASTORAL CARE ADDITIONAL SERVICES ARE AVAILABLE UNDER A CONTRACTUAL ARRANGEMENT WITH EW SPARROW HOSPITAL. THESE SERVICES INCLUDE LABORATORY SERVICES, MEDICAL IMAGING AND INTERVENTIONAL RADIOLOGY, SURGICAL SERVICES AND CARDIOLOGY SERVICES. WITH AN AGING POPULATION AND ADVANCES IN TECHNOLOGY, PATIENTS HAVE OPPORTUNITIES TO LIVE LONGER. THEREFORE, RECOGNIZING THE NEED FOR COMPLEX MEDICAL CARE THAT LASTS LONGER THAN THE TRADITIONAL HOSPITAL STAY, SPARROW SPECIALTY HOSPITAL WAS DESIGNED AS AN ADDITIONAL COMPONENT OF THE CONTINUUM OF CARE PROVIDED AT SPARROW HEALTH SYSTEM TO CONTINUE THE HEALING PROCESS. SPARROW SPECIALTY HOSPITAL IS FULLY ACCREDITED BY THE JOINT COMMISSION. WE FOCUS ON SPECIFIC TYPES OF SERIOUSLY ILL PEOPLE WITH UNIQUE NEEDS. THIS MEANS OUR STAFF MEMBERS ARE HIGHLY SPECIALIZED IN THEIR FIELD OF TRAINING AND CAN PROVIDE AN EXTREMELY CONCENTRATED LEVEL OF CARE. THIS DEGREE OF SPECIALIZATION MEANS PEOPLE IN NEED OF A HIGH LEVEL OF CARE CAN BENEFIT FROM THE LATEST AND MOST ADVANCED MEDICAL TECHNOLOGY AT OUR FACILITY. ADMISSION TO SPARROW SPECIALTY HOSPITAL IS BASED UPON THE PATIENT'S NEED FOR THIS LEVEL OF CARE, VIA PHYSICIAN REFERRAL, OUR ADMISSIONS SPECIALIST OR THE PATIENT OR THEIR REPRESENTATIVE. SPARROW SPECIALTY HOSPITAL ONLY ADMITS PATIENTS WHO WILL BENEFIT FROM THE TYPE OF CARE WE PROVIDE. BECAUSE OF THE LONG-TERM NATURE OF MOST PATIENTS' ILLNESSES, FAMILY MEMBERS AND PERSONAL REPRESENTATIVES ARE ENCOURAGED TO PARTICIPATE IN INTERDISCIPLINARY TEAM DECISIONS REGARDING CARE. SPARROW SPECIALTY HOSPITAL'S GOAL IS TO PROVIDE AGGRESSIVE TREATMENT AND ACUTE CARE TO PATIENTS SUFFERING FROM A VARIETY OF UNFORTUNATE INCIDENTS AND/OR LATE STAGE ILLNESS PROGRESSION. OUR APPROACH TO PROVIDE ACUTE MEDICAL CARE AND THERAPY SERVICES HAND-IN-HAND OVER EXTENDED PERIODS OF TIME IS BETTER FOR THE PATIENT, PROVIDING IMPROVED PATIENT OUTCOMES AND REDUCED MEDICAL COSTS OVERALL. EARLY TRANSFER FROM A TRADITIONAL ACUTE CARE HOSPITAL'S CRITICAL CARE UNIT TO SPARROW SPECIALTY HOSPITAL DRASTICALLY DECREASES LONG-TERM SETBACKS FOR PATIENTS DUE TO DEBILITATION, MUSCLE ATROPHY AND INFECTIONS. SPARROW SPECIALTY HOSPITAL IS COMMITTED TO "CONTINUING THE HEALING PROCESS" WITHIN OUR COMMUNITY.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $19,975
Program Service Revenue $9,731,592
Investment Income $728,534
Other Revenue $7,572
TOTAL REVENUE $10,487,673

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,780,417
Fundraising Expenses $0
Program Expenses $7,038,257
Other Expenses $3,840,145
TOTAL EXPENSES $8,620,562

Year-over-Year Comparison

2022 2021 Change
Revenue $10,487,673 $23,102,183 -0.5%
Expenses $8,620,562 $18,149,147 -0.5%
Net Income $1,867,111 $4,953,036 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA BAHAR-COOK BOARD MEMBER 2.00
Director
$0 $0 $0
AMY BROWN BOARD MEMBER 2.00
Director
$0 $0 $0
KIRA CARTER-ROBERTSON SVP - SHS - 20.00
Officer Director
$0 $0 $0
MICHAEL FLINTOFF VICE CHAIR 2.00
Officer Director
$0 $0 $0
IRA GINSBURG CHAIR 2.00
Officer Director
$0 $0 $0
TINA GROSS PRESIDENT 40.00
Officer Director
$0 $0 $0
MARTHA JAKUBIAK BOARD MEMBER 2.00
Director
$0 $0 $0
KRISTY BECKHOLT MD BOARD MEMBER 40.00
Director
$0 $0 $0
LINDSAY PETERS BOARD MEMBER 2.00
Director
$0 $0 $0
JENNIFER POPE BOARD MEMBER 2.00
Director
$0 $0 $0
BRUCE SHIVELY TREASURER 2.00
Officer Director
$0 $0 $0
SPENCER SIMMONS SECRETARY 2.00
Officer Director
$0 $0 $0
MARGARET DIMOND PHD REGIONAL PRE 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $10,487,673 $8,620,562 $50,181,721 $1,867,111
2022 $23,102,183 $18,149,147 $46,387,855 $4,953,036
2021 $23,525,933 $15,995,615 $45,693,643 $7,530,318
2020 $20,182,717 $14,309,729 $36,922,628 $5,872,988
2019 $16,672,630 $13,785,656 $29,512,877 $2,886,974
2018 $16,083,371 $12,648,586 $24,776,945 $3,434,785
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