MERITER HOSPITAL INC

EIN: 390806367 501(c)(3) Health Care

MADISON, WI

Total Revenue
$625,737,715
Total Expenses
$577,385,986
Total Assets
$991,590,073
Net Assets
$766,207,325
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Financial Trends

Organization Details

Formation Year
1898
Legal Domicile
WI
Principal Officer
JAMES ARNETT
Phone
6084176000
Tax Period
2023-01-01 to 2023-12-31

MERITER HOSPITAL INC, founded in 1898, is a major nonprofit in the Health Care sector that reported $625.7M in total revenue in fiscal year 2023. Expenses of $577.4M left a modest 8% surplus.

Mission

MERITER HOSPITAL, INC. IS DEDICATED TO IMPROVING THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE.

Program Service Accomplishments

Program 1
Expenses: $496,314,933 Revenue: $584,317,319

MERITER HOSPITAL, INC. IS A 448-BED COMMUNITY HOSPITAL FOCUSED ON DELIVERING QUALITY CARE AND PATIENT SAFETY. MERITER PROVIDES SOLUTIONS TO MANY COMMUNITY HEALTH CARE NEEDS, AND PROVIDES THE REGION'S...

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MERITER HOSPITAL, INC. IS A 448-BED COMMUNITY HOSPITAL FOCUSED ON DELIVERING QUALITY CARE AND PATIENT SAFETY. MERITER PROVIDES SOLUTIONS TO MANY COMMUNITY HEALTH CARE NEEDS, AND PROVIDES THE REGION'S ONLY AVAILABLE CHILD AND ADOLESCENT PSYCHIATRY SERVICES, AND SEXUAL ASSAULT NURSE EXAMINER SERVICES. MERITER IS PROUD TO DELIVER MORE BABIES THAN ANY OTHER HOSPITAL IN WISCONSIN AND RECEIVED NUMEROUS AWARDS:- LIONS EYE BANK OF WISCONSIN: UNITYPOINT HEALTH MERITER ACHIEVED A 29.6% CONVERSION RATE FOR 2022; VERY NEARLY MEETING THE GOAL OF 30.0%. - UNITYPOINT HEALTH MERITER SECURITY TEAM HAS RECEIVED THE PROGRAM OF DISTINCTION AWARD AND CERTIFICATION FROM THE INTERNATIONAL ASSOCIATION FOR HEALTHCARE SECURITY AND SAFETY (IAHSS). IAHSS RECOGNIZES OUTSTANDING QUALIFYING HEALTHCARE SECURITY AND SAFETY DEPARTMENTS WITH THE PROGRAM OF DISTINCTION. SINCE 2007, MERITER IS ONLY 1 OF 60 U.S. HOSPITALS TO RECEIVE THIS DISTINCTION FOR EXCELLENCE RELATED TO LEADER AND SECURITY OFFICER CERTIFICATION, SKILL AND SPECIALIZED KNOWLEDGE IN HEALTHCARE SECURITY AND SAFETY. - UNITYPOINT HEALTH - MERITER HAS BEEN REDESIGNATED A BABY-FRIENDLY HOSPITAL. WE HAVE CONTINUOUSLY ACHIEVED THIS HIGHLY PRESTIGIOUS INTERNATIONAL DESIGNATION SINCE 2006. THIS DISTINGUISHED HONOR DEMONSTRATES THAT MERITER IS ADHERING TO THE HIGHEST STANDARDS OF CARE FOR BREASTFEEDING PEOPLE AND THEIR BABIES. THESE STANDARDS ARE BUILT ON THE TEN STEPS TO SUCCESSFUL BREASTFEEDING, A SET OF EVIDENCE-BASED PRACTICES RECOMMENDED BY THE WORLD HEALTH ORGANIZATION (WHO) AND THE UNITED NATIONS CHILDREN'S FUND (UNICEF) FOR OPTIMAL INFANT FEEDING SUPPORT IN THE PRECIOUS FIRST DAYS OF A NEWBORN'S LIFE.- MERITER RECOGNIZED BY HEALTHGRADES: MERITER HAS RECEIVED THE OUTSTANDING PATENT EXPERIENCE AWARD, AMERICA'S 100 BEST FOR CRITICAL CARE, AMERICA'S 100 BEST FOR GASTROINTESTINAL SURGERY, AMERICA'S 100 BEST FOR PULMONARY CARE, AND GASTROINTESTINAL CARE EXCELLENCE AWARD FROM HEALTHGRADES.- ORGAN TISSUE AWARD: UNITYPOINT HEALTH-MERITER HAS EARNED THE EXCELLENCE IN TISSUE DONATION AWARD FOR TISSUE DONATION PERFORMANCE IN 2022. THE EXCELLENCE IN TISSUE DONATION AWARD RECOGNIZES THE DEDICATION OF HOSPITAL TEAMS TO ACHIEVE OR EXCEED TISSUE CONSENT RATE GOALS.- UNITYPOINT HEALTH RECOGNIZED AS A TOP PLACE TO WORK: FOR THE SECOND YEAR IN A ROW, UNITYPOINT HEALTH HAS BEEN NAMED TO THE LIST OF "150 TOP PLACES TO WORK IN HEALTHCARE" BY BECKER'S HEALTHCARE, A HIGHLY REGARDED NATIONAL TRADE PUBLICATION. THE LIST HIGHLIGHTS HOSPITALS, HEALTH SYSTEMS AND HEALTHCARE COMPANIES THAT INVEST IN TEAM MEMBER WELL-BEING, SATISFACTION AND FULFILLMENT WITH STRONG BENEFITS, DEVELOPMENT OPPORTUNITIES, INCLUSIVE WORK ENVIRONMENTS AND WORK-LIFE BALANCE. UPH IS THE ONLY HEALTH SYSTEM IN IOWA AND WISCONSIN TO BE NAMED TO THIS YEAR'S LIST. - UNITYPOINT HEALTH - MERITER HAS EARNED THE 2023 PRACTICE GREENHEALTH ENVIRONMENTAL EXCELLENCE - PARTNER FOR CHANGE AWARD. THIS AWARD RECOGNIZES OUR ORGANIZATION'S ONGOING COMMITMENT TO IMPROVING ITS ENVIRONMENTAL PERFORMANCE AND EFFORTS TO BUILD SUSTAINABILITY AND RESILIENCY INTO THE OPERATIONS AND CULTURE OF OUR INSTITUTION. - UNITYPOINT HEALTH - MERITER IS A RECIPIENT OF THE 2023 CHEST PAIN MI REGISTRY GOLD PERFORMANCE ACHIEVEMENT AWARD. THIS AWARD IS EVIDENCE OF OUR TEAM'S HARD WORK AND COMMITMENT TO DELIVERING THE HIGHEST QUALITY IN CARDIOVASCULAR CARE TO TRANSFORM HEART HEALTH. - 2022 CARES ANNUAL REPORT: UNITYPOINT HEALTH MERITER EMERGENCY DEPARTMENT PHYSICIAN DR. VANBENDEGOM WAS CITED AS A PHYSICIAN MEDICAL ADVISOR, ALONG WITH TWO OTHER COMMUNITY PHYSICIANS ON THE DANE COUNTY EMS TEAM. THE DANE COUNTY EMS TEAM SUPPORTS 23 EMS AGENCIES SPANNING CAREER, VOLUNTEER, URBAN, RURAL, ALS, AND BLS. - LEAH MATTESON, CLINICAL PRACTICE LEADER, PERINATAL CLINIC HAS RECEIVED THE NATIONAL OUTSTANDING PRACTICE POSTER AWARD GIVEN BY THE ASSOCIATION OF WOMEN'S HEALTH, OBSTETRIC & NEONATAL NURSES (AWHONN) FOR HER POSTER, UNIVERSAL SCREENING FOR SOCIAL DETERMINANTS OF HEALTH IN HIGH-RISK PERINATAL CARE.- UNITYPOINT HEALTH - MERITER HAS ONCE AGAIN ACHIEVED A CENTERS FOR MEDICARE AND MEDICAID SERVICES (CMS) 5-STAR QUALITY RATING. THIS COMPREHENSIVE GOVERNMENT REVIEW LOOKS AT DOZENS OF DATA POINTS, INCLUDING MORTALITY RATES, SAFETY, READMISSIONS, PATIENT EXPERIENCE, TIMELINESS OF CARE AND MORE. LESS THAN 10 PERCENT OF HOSPITALS ACROSS THE COUNTRY EARN FIVE STARS. MERITER JOINS UW HEALTH, UNITYPOINT HEALTH FINLEY HOSPITAL (DUBUQUE), AND UNITYPOINT HEALTH ST. LUKE'S HOSPITAL (CEDAR RAPIDS) WHO HAVE ALSO RECEIVED A CMS 5-STAR RATING. - MERITER HOSPITAL HAS RECEIVED THE 2022 WI TRAUMA SYSTEM PLATINUM AWARD FOR HAVING 100% OF RECORDS CLOSED WITHIN 60 DAYS OF PATIENT DISCHARGE, WHICH IS THE EXPECTED DEADLINE. THIS IS A HUGE ACCOMPLISHMENT AS THERE WERE 802 PATIENTS ENTERED INTO THE REGISTRY IN 2022.- MERITER'S CHIEF OPERATING OFFICER CHRIS JACKSON NAMED ON BECKER'S COOS TO KNOW LIST: UNITYPOINT HEALTH - MERITER'S VERY OWN CHRISTINA "CHRIS" JACKSON WAS NAMED TO THE 2023 BECKER'S HOSPITAL REVIEW "HOSPITAL AND HEALTH SYSTEM COOS TO KNOW" LIST.- JOSEPH LIGGETT, MSN, RN, APNP, ACCNS-AG, CCRN, CLINICAL NURSE SPECIALIST CARDIOVASCULAR HAS BEEN SELECTED FOR FELLOWSHIP IN THE CLINICAL NURSE SPECIALIST INSTITUTE (CNSI) FOR HIS OUTSTANDING CONTRIBUTIONS AS A CLINICAL NURSE SPECIALIST IN IMPROVING HEALTHCARE AND HEALTH OUTCOMES AND INCREASING THE VISIBILITY OF CLINICAL NURSE SPECIALISTS. THIS FELLOWSHIP IS THROUGH THE NATIONAL ASSOCIATION OF CLINICAL NURSE SPECIALIST (NACNS). THERE ARE 92 CURRENT FELLOWS OUT OF APPROXIMATELY 89,000 CNS (OR 0.1%) IN THE US.- UNITYPOINT HEALTH MERITER HAS BEEN NAMED TO NEWSWEEK'S EXCELLENCE 1000 INDEX FOR EXCEEDING BEST PRACTICES IN FINANCIAL RESPONSIBILITY, STAKEHOLDER RATINGS AND SOCIAL RESPONSIBILITY RATINGS. WE RANKED NO. 117 ACROSS ALL SECTORS AND NO. 2 IN THE HOSPITALS CATEGORY. THE BEST PRACTICE INSTITUTE IDENTIFIED THE TOP 1,000 COMPANIES BY EVALUATING EMPLOYEE RATING, CUSTOMER RATING, ESG RISK RATING, ESG/ETHICAL IMPACT, ADHERENCE TO ISO STANDARDS, BBB RATING AND ACCREDITATION AND NUMBER OF CUSTOMER COMPLAINTS. OTHER DATA SOURCES INCLUDED INDEED, GLASSDOOR, FACEBOOK AND TWITTER/X, HOSPITALCOMPARE, CENTERS FOR MEDICARE & MEDICAID SERVICES, AND THE AMERICAN HOSPITAL ASSOCIATION. FOR ADDITIONAL INFORMATION, VISIT EXCELLENCE.BESTPRACTICEINSTITUTE.ORG.MERITER CLINIC'S OFFERS AMBULATORY HEALTH CARE WITH A FOCUSON PROVIDING EDUCATIONAL, OUTREACH AND REFERRAL PROGRAMS THAT INCLUDE WELLNESS AND DISEASE PREVENTION. THIS OCCURS THROUGH ALL SPECIALTIES FOR INDIVIDUALS AND IN GROUP SETTINGS SUCH AS INDIVIDUAL HEALTH EDUCATION SESSIONS WITH A NURSE PRACTITIONER FOR WOMEN MANAGING THEIR HEART DISEASE, OFFERING GROUP SESSIONS ON THE LATEST ADVANCEMENTS FOR TREATMENTS OF OSTEOARTHRITIS, AND EDUCATIONAL PROGRAMS FOR PREGNANT PARENTS ATTENDING CHILDBIRTH EDUCATION PROGRAMS. MERITER CLINIC'S PROVIDERS ALSO OFFER VARIOUS EDUCATIONAL TALKS AND SCREENING OPPORTUNITIES AS PART OF COMMUNITY PROGRAMS/EVENTS EACH YEAR. MERITER'S ADULT PRIMARY CARE CLINICS INCLUDE DIABETES MANAGEMENT SERVICES THROUGH A TEAM CONSISTING OF ENDOCRINOLOGISTS, PROGRAM SERVICE ACCOMPLISHMENTS: CERTIFIED DIABETES EDUCATORS, DIETITIAN AND HEALTH PSYCHOLOGIST. HEALTH PSYCHOLOGY SERVICES ARE AVAILABLE TO PATIENTS WHO NEED EMOTIONAL SUPPORT AND GUIDANCE AS THEY WORK THROUGH PERSONAL HEALTH CHANGES. MERITER CHILD & ADOLESCENT PSYCHIATRY STAFF PROVIDE EDUCATIONAL SESSIONS FOR SCHOOL PERSONNEL. MERITER PRIMARILY SERVES PATIENTS FROM DANE COUNTY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,466,844
Program Service Revenue $583,228,820
Investment Income $35,200,711
Other Revenue $4,841,340
TOTAL REVENUE $625,737,715

Expense Breakdown

Grants Paid $146,903
Salaries & Benefits $287,493,308
Fundraising Expenses $0
Program Expenses $496,314,933
Other Expenses $289,745,775
TOTAL EXPENSES $577,385,986

Year-over-Year Comparison

2023 2022 Change
Revenue $625,737,715 $605,087,481 +0.0%
Expenses $577,385,986 $546,370,086 +0.1%
Net Income $48,351,729 $58,717,395 -0.2%
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
14
Independent Members
12
Employees
3728
Volunteers
590

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
5
$1,986,398
Total Directors
14
$1,287,247
Key Employees
3
$1,134,861
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN ASHLEY BOARD MEMBER 1.00
Director
$0 $0 $0
RUKMINI BANERJEE BOARD MEMBER 1.00
Director
$0 $0 $0
ALISON CRAIG-SHASHKO MD BOARD MEMBER 1.00
Director
$0 $0 $0
VIRGINIA GRAVES TO 623 BOARD MEMBER 1.00
Director
$600 $0 $7,850
RONALD HENSHUE BOARD MEMBER 1.00
Director
$0 $0 $0
NEWRHEE KIM MD BOARD VICE CHAIR 3.00
Officer Director
$0 $0 $0
BRADLEY MANNING MD BOARD MEMBER 1.00
Director
$600 $0 $11,475
MARGARET NOREUIL RN PHD BOARD PAST CHAIR 1.00
Director
$0 $0 $7,250
PAT SETJI BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG STRUB BOARD CHAIR 3.00
Officer Director
$12,500 $0 $25,000
MARY THOMPSON MD BOARD MEMBER 1.00
Director
$0 $0 $0
CHERYL WITTKE BOARD MEMBER 1.00
Director
$0 $0 $0
JASON YELK DO BOARD MEMBER 1.00
Director
$0 $51,887 $396,423
JAMES ARNETT BOARD MEMBER/PRESIDENT/CEO 15.00
Officer Director
$0 $96,577 $839,249
BETH ERDMAN CFO/TREASURER 15.00
Officer
$0 $48,661 $475,774
PAM WETZEL MD CMO/ASST SECRETARY 5.00
Officer
$0 $35,992 $646,375
SHERRY CASALI CHIEF NURSING OFFICER 15.00
Key Emp
$0 $61,766 $458,419
SHANA WUEBBEN VP HR/SECRETARY 35.00
Key Emp
$0 $47,667 $374,869
CHRISTINA JACKSON CHIEF OPERATING OFFICER 15.00
Key Emp
$0 $37,828 $301,573
KRISTINE HOLMES DIR MED/SURG NURSE 40.00
Highest
$212,728 $14,332 $227,060
JULIE RICE REGISTERED NURSE 40.00
Highest
$203,891 $31,417 $235,308
MICHAEL NYFFELER PHARMACY CLINICAL MANAGER 40.00
Highest
$200,074 $16,315 $216,389
HEIDI MANLEY REGISTERED NURSE 40.00
Highest
$197,688 $43,318 $241,006
CARLA GRIFFIN EXECUTIVE DIRECTOR JOA 40.00
Highest
$233,044 $31,627 $264,671
ART NIZZA DSW TO 118 FORMER CEO UPH-MERITER 0.00
$0 $0 $156,611
SUE ERICKSON TO 622 FORMER CEO UPH-MERITER 0.00
$0 $144,038 $1,969,435
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 $625,737,715 $577,385,986 $991,590,073 $48,351,729
2022 $605,087,481 $546,370,086 $926,629,829 $58,717,395
2021 $559,901,907 $494,723,863 $969,927,564 $65,178,044
2020 $506,664,642 $458,766,004 $914,575,949 $47,898,638
2019 $485,593,935 $453,686,010 $833,005,877 $31,907,925
2018 $468,434,024 $442,450,937 $736,590,555 $25,983,087
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