HUNTINGTON MEMORIAL HOSPITAL INC

EIN: 351970706 501(c)(3) Health Care

HUNTINGTON, IN

Total Revenue
$78,385,905
Total Expenses
$70,384,410
Total Assets
$97,545,671
Net Assets
$90,826,350
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
IN
Principal Officer
GREG JOHNSON
Phone
2603738429
Tax Period
2023-01-01 to 2023-12-31

HUNTINGTON MEMORIAL HOSPITAL INC, founded in 1995, is a mid-sized nonprofit in the Health Care sector that reported $78.4M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $70.4M left a modest 10% surplus.

Mission

HUNTINGTON MEMORIAL HOSPITAL, INC. WORKS TO IMPROVE THE HEALTH OF OUR COMMUNITIES AND PROVIDES QUALITY HEALTH SERVICES TO ALL WHO ENTRUST THEIR CARE TO US.

Program Service Accomplishments

Program 1
Expenses: $56,773,381 Revenue: $77,514,615

HUNTINGTON MEMORIAL HOSPITAL, INC. IS A CHARITABLE, NOT-FOR-PROFIT, COMMUNITY-OWNED HOSPITAL AND MEMBER OF PARKVIEW HEALTH SINCE 1995. THE 36-BED HOSPITAL WHICH IS 136,532-SQUARE-FEET ALONG WITH A...

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HUNTINGTON MEMORIAL HOSPITAL, INC. IS A CHARITABLE, NOT-FOR-PROFIT, COMMUNITY-OWNED HOSPITAL AND MEMBER OF PARKVIEW HEALTH SINCE 1995. THE 36-BED HOSPITAL WHICH IS 136,532-SQUARE-FEET ALONG WITH A 34,396-SQUARE-FOOT MEDICAL OFFICE BUILDING SIT ON A 35-ACRE CAMPUS. IT WAS FIRST ESTABLISHED IN 1902 AND THE CURRENT FACILITY OPENED IN 2000. MEDICAL STAFF CONSISTS OF 345 PHYSICIANS AND 103 ADVANCED PRACTICE PROVIDERS. (SEE SCHEDULE O FOR CONTINUATION) SERVICES INCLUDE:- FULL-SERVICE, 24-HOUR EMERGENCY DEPARTMENT WITH TWELVE TREATMENT ROOMS, ONE TRAUMA BAY AND A "SAFE ROOM" FOR PATIENTS WHO MAY BE EXPERIENCING A BEHAVIORAL HEALTH CRISIS.- TWO SURGICAL SUITES, ONE ENDOSCOPY ROOM, SEVEN PRE-/POST-OP ROOMS AND THREE RECOVERY ROOMS. - MEDICAL INFUSION UNIT PROVIDING OUTPATIENT MEDICATIONS, INFUSIONS, TRANSFUSIONS AND CENTRAL LINE CARE UNDER THE SUPERVISION OF A DEDICATED RN. -THIRTY INPATIENT ROOMS, WITH SIX CONSTANT CARE ROOMS WITH REMOTE MONITORING CAPABILITY AND TELEHEALTH AVAILABLE FOR SPECIALTY CONSULTS.- FAMILY BIRTHING CENTER WITH SIX PRIVATE LABOR/DELIVERY/RECOVERY/POSTPARTUM ROOMS,- REHABILITATION AND WELLNESS SERVICES INCLUDING ADULT AND PEDIATRIC PHYSICAL AND OCCUPATIONAL THERAPY, SPEECH THERAPY, DIABETES EDUCATION, MEDICAL NUTRITION THERAPY AND CARDIAC AND PULMONARY REHAB.- FULL-SERVICE LAB AND PHARMACY, INCLUDING AN ANTICOAGULATION THERAPY UNIT CLINIC FOR PATIENTS TAKING BLOOD THINNERS.- A SLEEP DISORDERS LAB OFFERING TWO PATIENT ROOMS FOR OVERNIGHT, ON-SITE SLEEP STUDIES AND INSTRUCTION FOR PATIENTS RECEIVING HOME SLEEP STUDIES- AN OUTPATIENT CENTER FOR WOUND HEALING OFFERING BIOLOGIC AND BIOSYNTHETIC DRESSINGS, GROWTH FACTOR THERAPIES, NEGATIVE PRESSURE THERAPY, DEBRIDEMENT AND HYPERBARIC OXYGEN THERAPY.- DIAGNOSTIC IMAGING SERVICES: 3D MAMMOGRAPHY, 3D AND 4D ULTRASOUND, CT SCAN, MRI, NUCLEAR MEDICINE, DEXA SCAN, EKG, EEG, ECHOCARDIOGRAM HEARTSMART CT SCAN, SMARTLUNG CT SCAN AND CARDIOPULMONARY PROCEDURES, VASCULAR SCREENING AND FLUOROSCOPY.-PARAMEDIC AMBULANCE SERVICE OPERATED BY HUNTINGTON MEMORIAL HOSPITAL, INC. FOR HUNTINGTON COUNTY AND SURROUNDING AREAS.- PARKVIEW PHYSICIANS GROUP SPECIALTY AND PRIMARY CARE OFFICES ARE LOCATED ON SITE IN MEDICAL OFFICE SPACE ADJOINING THE HOSPITAL.- HUNTINGTON-AREA RESIDENTS ALSO HAVE ACCESS TO ADDITIONAL OFF-CAMPUS MEDICAL SERVICES THROUGH THE NEARBY PARKVIEW WALK-IN CLINIC, THE PARKVIEW ORTHO EXPRESS WALK-IN CLINIC AND VARIOUS NON-PARKVIEW SPECIALTY MEDICAL PROVIDER OFFICES IN HUNTINGTON.FINANCIAL POLICY:HUNTINGTON MEMORIAL HOSPITAL, INC. IS COMMITTED TO MAKING HEALTHCARE ACCESSIBLE TO THOSE WHO NEED IT, REGARDLESS OF THEIR HEALTH STATUS OR ABILITY TO PAY. WITH OUR FINANCIAL ASSISTANCE, PATIENTS CAN RECEIVE THE PARKVIEW CARE THEY EXPECT - NO MATTER WHAT FINANCIAL OBSTACLES THEY MIGHT FACE. OUR FINANCIAL ASSISTANCE SERVICES INCLUDE USING FAIR AND CONSISTENT BILLING AND COLLECTION PRACTICES, INCLUDING CHARITABLE CARE AND FINANCIAL ASSISTANCE POLICIES AND A STANDARD APPLICATION PROCESS; AND PROVIDING EMERGENCY CARE, REGARDLESS OF ABILITY TO PAY.ANY PATIENT EXPERIENCING FINANCIAL HARDSHIP CAN REACH OUR SINGLE BILLING OFFICE TO DISCUSS OPTIONS AT 260-266-6700 OR TOLL-FREE AT 855-814-0012. COMMUNITY BENEFIT:HUNTINGTON MEMORIAL HOSPITAL, INC.'S COMMITMENT TO IMPROVING THE HEALTH AND INSPIRING WELL-BEING EXTENDS BEYOND THE HOSPITAL WALLS AND THROUGHOUT NORTHEAST INDIANA. THROUGH PARKVIEW'S COMMUNITY HEALTH IMPROVEMENT (CHI) PROGRAM, HUNTINGTON MEMORIAL HOSPITAL, INC. COLLABORATES WITH OTHERS INSIDE AND OUTSIDE THE HEALTH SYSTEM WHO SHARE PARKVIEW'S MISSION AND VALUES. FUNDED BY A PERCENTAGE OF PARKVIEW'S NET OPERATING SURPLUS, CHI STRATEGICALLY REINVESTS DOLLARS INTO COMMUNITY ORGANIZATIONS AND INITIATIVES THAT ADDRESS THE GREATEST HEALTH NEEDS OUTLINED BY THE HOSPITALS MOST RECENT TRIENNIAL COMMUNITY HEALTH NEEDS ASSESSMENT (CHNA). BASED UPON THESE RESULTS, HUNTINGTON MEMORIAL HOSPITAL, INC. CREATES AN IMPLEMENTATION STRATEGY THAT SERVES AS AN IN-DEPTH PLAN DEFINING HOW WE PLAN TO ADDRESS EACH IDENTIFIED HEALTH NEED. IN THE CALENDAR YEAR 2023, THE HOSPITAL SELECTED NINE COMMUNITY AGENCIES AND ORGANIZATIONS WITH WHICH TO COLLABORATE IN ADDRESSING THE FOCUS AREAS. THE HOSPITAL NOT ONLY SPONSORS ITS OWN EVENTS AND OUTREACH PROGRAMS EACH YEAR, BUT ALSO TAKES AN ACTIVE ROLE IN NUMEROUS OTHER LOCALLY SPONSORED HEALTH EVENTS, EDUCATION, AND COMMUNITY EVENTS. THE MANAGEMENT AND CO-WORKERS PARTICIPATE IN VOLUNTEER ACTIVITIES THROUGHOUT THE YEAR TO IMPROVE THE HEALTH AND WELL-BEING OF OUR COMMUNITY. AWARDS/RECOGNITION:THE STAFF OF HUNTINGTON MEMORIAL HOSPITAL, INC., STRIVES TO PROVIDE EXCELLENT CARE TO EVERY PERSON, EVERY DAY. THE CONSISTENTLY HIGH-QUALITY CARE DELIVERED IS EVIDENCED BY THE HOSPITAL'S RECOGNITION WITH NUMEROUS STATE AND NATIONAL HONORS, INCLUDING ITS HAVING BEEN AWARDED THE FOLLOWING IN 2023: - AN "A" SAFETY GRADE FOR SPRING AND FALL BY THE LEAPFROG GROUP. - AN INSPIRE HOSPITAL OF DISTINCTION BY THE INDIANA HOSPITAL ASSOCIATION, IN PARTNERSHIP WITH GOVERNOR ERIC HOLCOMB AND STATE HEALTH COMMISSIONER KRIS BOX, MD, FACOG, FOR ITS EXCELLENCE IN CARING FOR MOTHERS AND BABIES, HAVING IMPLEMENTED BEST PRACTICES IN SIX KEY AREAS THAT ARE DRIVERS OF INFANT AND MATERNAL HEALTH. - ONE OF THE TOP 100 RURAL AND COMMUNITY HOSPITALS IN THE UNITED STATES BY THE CHARTIS CENTER FOR RURAL HEALTH FOR THE FOURTH TIME.- ONE OF THE BECKER'S HOSPITAL REVIEW 100 GREAT COMMUNITY HOSPITALS.- ONE OF VIZIENT'S TOP COMMUNITY HOSPITALS BY PLACING IN THE TOP 22 OF 333.- FIVE-YEAR CERTIFICATION AS A CERTIFIED SLEEP LEADER IN 2021 THROUGH 2025.- TOP PERFORMER IN CLINICAL QUALITY, SUPPLIER DIVERSITY AND ENVIRONMENTALLY PREFERRED SOURCING EXCELLENCE IN THE COMMUNITY HOSPITAL CATEGORY FROM VIZIENT.- BEST HOSPITAL AND SURGERY CENTERS FOR BILLING ETHICS BY MONEY BEST PARTNERED WITH THE LEAPFROG GROUP.-CENTER FOR WOUND HEALING WAS HONORED WITH HEALOGIC'S CENTER OF DISTINCTION AWARD.- THE E-QUAL HONOR ROLL AWARD BY THE AMERICAN COLLEGE OF EMERGENCY PHYSICIANS FOR IMPROVEMENT IN EMERGENCY CARE RELATED TO OPIOID USE DISORDER TREATMENT.-PARKVIEW HEALTH NAMED THE "MOST WIRED" BY CHIME DIGITAL HEALTH FOR THE 10TH CONSECUTIVE YEAR.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $103,591
Program Service Revenue $77,514,615
Investment Income $500,349
Other Revenue $267,350
TOTAL REVENUE $78,385,905

Expense Breakdown

Grants Paid $61,750
Salaries & Benefits $25,778,142
Fundraising Expenses $0
Program Expenses $56,773,381
Other Expenses $44,544,518
TOTAL EXPENSES $70,384,410

Year-over-Year Comparison

2023 2022 Change
Revenue $78,385,905 $68,713,910 +0.1%
Expenses $70,384,410 $65,276,713 +0.1%
Net Income $8,001,495 $3,437,197 +1.3%
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
8
Employees
368
Volunteers
17

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
8
$4,312,409
Total Directors
13
$2,223,689
Key Employees
1
$237,623
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLISON MEYER DIRECTOR/PH PHYSICIAN 1.00
Director
$11,933 $30,213 $322,426
DOUGLAS SELIG DIRECTOR/PARTIAL YR/CURRENT HMHOS VP 39.00
Officer Director
$291,227 $99,501 $390,728
DEREK DYER DIRECTOR/TREASURER 1.00
Officer Director
$4,750 $0 $4,750
MATT ECKERT DIRECTOR 1.00
Director
$4,250 $0 $4,250
SUSAN ZAHN DIRECTOR/CHAIR 1.00
Officer Director
$6,250 $0 $7,500
JENNIFER NEWTON DIRECTOR 1.00
Director
$4,000 $0 $4,000
ERICH ELLER DIRECTOR/SECRETARY 1.00
Officer Director
$4,250 $0 $4,250
BARBARA DRUMMOND DIRECTOR/VICE CHAIR 1.00
Officer Director
$4,750 $0 $4,750
JEREMIAH ASHE DIRECTOR/HMHOS CONTRACTED PHYSICIAN 1.00
Director
$18,000 $0 $18,000
ROBERT KEMP DIRECTOR 1.00
Director
$2,500 $0 $2,500
TRENT WOLFE DIRECTOR 1.00
Director
$3,500 $0 $3,500
GREG JOHNSON DIRECTOR/REGIONAL MARKET PRESIDENT 1.00
Officer Director
$0 $189,006 $1,077,497
DEBRA POTEMPA DIRECTOR/MARKET PRESIDENT 1.00
Officer Director
$0 $67,387 $379,538
JEANNE' WICKENS PH CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $277,888 $2,443,396
ALISON PERSHING HMHOS VP PATIENT CARE SVCS 39.00
Key Emp
$189,495 $35,898 $237,623
TODD SIDER HMHOS ASSOCIATE CMO 12.00
Highest
$191,991 $63,300 $444,508
BRYAN HALL HMHOS MGR PHARMACY 40.00
Highest
$195,924 $51,091 $247,015
STEVEN HOMRICH HMHOS PHARMACIST 32.00
Highest
$134,003 $28,986 $190,783
TAMI SMITH HMHOS REGISTERED NURSE 2.00
Highest
$3,487 $24,269 $158,865
EDWARD STRUBEL III HMHOS PHARMACIST 37.00
Highest
$127,692 $39,640 $172,782
MICHAEL PACKNETT FORMER OFFICER/RETIRED PH CEO 0.00
$0 $29,253 $5,063,462
STEVEN WYNDER FORMER OFFICER/CURRENT PH PHYSICIAN 0.00
$0 $65,607 $1,065,736
JULI JOHNSON FORMER OFFICER/CURRENT PH CNE 0.00
$0 $158,765 $735,538
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
2024 No data No data No data No data
2023 $78,385,905 $70,384,410 $97,545,671 $8,001,495
2022 $68,713,910 $65,276,713 $84,698,817 $3,437,197
2021 $74,113,504 $60,653,250 $89,904,381 $13,460,254
2020 $72,020,084 $63,541,313 $75,329,589 $8,478,771
2019 $74,698,268 $64,183,901 $66,868,332 $10,514,367
2019 $74,698,268 $64,183,901 $66,868,332 $10,514,367
2018 $72,122,627 $58,313,853 $60,396,413 $13,808,774
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