SSM REGIONAL HEALTH SERVICES

EIN: 440579850 501(c)(3) Health Care

ST LOUIS, MO

Total Revenue
$142,253,665
Total Expenses
$172,355,444
Total Assets
$72,322,141
Net Assets
$-216,677,495
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Organization Details

Formation Year
1965
Legal Domicile
MO
Principal Officer
LAURA KAISER
Phone
3149947800
Tax Period
2023-01-01 to 2023-12-31

SSM REGIONAL HEALTH SERVICES, founded in 1965, is a major nonprofit in the Health Care sector that reported $142.3M in total revenue in fiscal year 2023. Expenses of $172.4M exceeded revenue, resulting in a 21% operating deficit.

Mission

THROUGH OUR EXCEPTIONAL HEALTH CARE SERVICES, WE REVEAL THE HEALING PRESENCE OF GOD.

Program Service Accomplishments

Program 1
Expenses: $151,835,338 Revenue: $141,544,383

SINCE IT WAS FOUNDED IN 1872 BY CATHOLIC SISTERS, SSM HEALTH (SSMH) HAS EXISTED TO MEET THE HEALTH NEEDS OF THE COMMUNITIES IT SERVES. SSMH IS A CATHOLIC, NOT-FOR-PROFIT HEALTH SYSTEM SERVING THE...

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SINCE IT WAS FOUNDED IN 1872 BY CATHOLIC SISTERS, SSM HEALTH (SSMH) HAS EXISTED TO MEET THE HEALTH NEEDS OF THE COMMUNITIES IT SERVES. SSMH IS A CATHOLIC, NOT-FOR-PROFIT HEALTH SYSTEM SERVING THE COMPREHENSIVE HEALTH NEEDS OF COMMUNITIES ACROSS THE MIDWEST THROUGH ONE OF THE LARGEST INTEGRATED DELIVERY SYSTEMS IN THE NATION. WITH CARE DELIVERY SITES IN ILLINOIS, MISSOURI, OKLAHOMA, AND WISCONSIN, SSMH INCLUDES 23 ACUTE CARE HOSPITALS, ONE CHILDREN'S HOSPITAL, MORE THAN 650 PHYSICIAN OFFICES AND OTHER OUTPATIENT AND VIRTUAL CARE SERVICES, 12 POST-ACUTE FACILITIES, COMPREHENSIVE HOME CARE AND HOSPICE SERVICES, A PHARMACY BENEFIT COMPANY, AND AN ACCOUNTABLE CARE ORGANIZATION. THE HEALTH SYSTEM EMPLOYS NEARLY 40,000 PEOPLE AND IS AFFILIATED WITH 13,900 PHYSICIANS MAKING IT ONE OF THE LARGEST EMPLOYERS IN EVERY COMMUNITY IT SERVES. IN THE TRADITION OF ITS FOUNDING SISTERS, SSMH STRIVES TO FULFILL ITS MISSION BY PROVIDING EXCEPTIONAL HEALTH CARE TO EVERYONE WHO COMES TO ITS HOSPITALS, REGARDLESS OF THEIR ABILITY TO PAY. ABOUT SSM REGIONAL HEALTH SERVICES:SSM REGIONAL HEALTH SERVICES INCLUDES SSM HEALTH ST. MARY'S HOSPITAL JEFFERSON CITY IN JEFFERSON CITY, MISSOURI, AS WELL AS A NETWORK OF PRIMARY CARE MEDICAL CLINICS AND SPECIALTY OFFERINGS THAT SERVE JEFFERSON CITY AND SURROUNDING COMMUNITIES.SSM HEALTH ST. MARY'S HEALTH CENTER JEFFERSON CITY HAS BEEN IN SERVICE FOR MORE 100 YEARS AND OPERATES AS A FULL-SERVICE COMMUNITY HOSPITAL LOCATED IN MISSOURI'S STATE CAPITOL. THE HOSPITAL FEATURES A DEDICATED INPATIENT PEDIATRIC UNIT, A WOUND CENTER AND OUTPATIENT TREATMENT CENTER. ADDITIONALLY, SSM HEALTH ST MARY'S HOSPITAL JEFFERSON CITY OFFERS A FULL RANGE OF HEALTH CARE SERVICES INCLUDING CARDIOVASCULAR, EMERGENCY, ORTHOPEDIC, CANCER, OUTPATIENT SURGICAL, WOMEN'S HEALTH AND IMAGING, PAIN MANAGEMENT, SLEEP MEDICINE, AND OCCUPATIONAL AND REHABILITATION THERAPY.SSM HEALTH ST. MARY'S HOSPITAL JEFFERSON CITY IS ONE OF ONLY TWO HOSPITALS IN THE STATE AND THE ONLY ONE IN JEFFERSON CITY TO RECEIVE TWO PATIENT-FOCUSED AWARDS FROM HEALTHGRADES, A LEADING ONLINE RESOURCE FOR COMPREHENSIVE INFORMATION ABOUT PHYSICIANS AND HOSPITALS. THE HOSPITAL EARNED BOTH THE 2016 PATIENT SAFETY EXCELLENCE AWARD AND THE 2016 HEALTHGRADES OUTSTANDING PATIENT EXPERIENCE AWARD. OUTSTANDING PATIENT EXPERIENCE AWARD RECIPIENTS WERE IDENTIFIED THROUGH AN EVALUATION OF 10 PATIENT EXPERIENCE MEASURES, USING DATA COLLECTED FROM A 32-QUESTION HCAHPS SURVEY OF THE HOSPITAL'S OWN PATIENTS. THE SURVEY QUESTIONS FOCUS ON PATIENTS' PERSPECTIVES OF THEIR CARE DURING THEIR INPATIENT HOSPITAL STAY. IN NOVEMBER 2014, THE HOSPITAL MOVED TO A NEW, STATE-OF-THE-ART BUILDING. IMPROVEMENTS WITH THE NEW FACILITY INCLUDE ALL PRIVATE PATIENT ROOMS, INCREASING PATIENT COMFORT, HEALING, AND SAFETY; EASE OF PATIENT AND VISITOR TRANSPORTATION BETWEEN INPATIENT AND OUTPATIENT AREAS; SOUND-ABSORBING FLOORING, ACOUSTIC CEILING TILES, AND LIMITED OVERHEAD PAGING THAT WILL REDUCE NOISE AND PROMOTE RECOVERY; AND OUTDOOR GARDENS FOR PATIENTS TO RELAX AND RECUPERATE. SSM REGIONAL HEALTH SERVICES ALSO FURTHERS ITS EXEMPT PURPOSE WITH THE FOLLOWING ACTIVITIES: OPERATES AN EMERGENCY ROOM THAT IS OPEN TO ALL PERSONS REGARDLESS OF ABILITY TO PAY HAS AN OPEN MEDICAL STAFF WITH PRIVILEGES AVAILABLE TO ALL QUALIFIED PHYSICIANS IN THE AREA HAS A GOVERNING BODY IN WHICH INDEPENDENT PERSONS REPRESENTATIVE OF THE COMMUNITY COMPRISE A MAJORITY ENGAGES IN THE TRAINING AND EDUCATION OF HEALTH CARE PROFESSIONALS, PARTICIPATES IN MEDICAID, MEDICARE, CHAMPUS, TRICARE, AND/OR OTHER GOVERNMENT-SPONSORED HEALTH CARE PROGRAMS ALL SURPLUS FUNDS GENERATED BY SSMH ENTITIES ARE REINVESTED IN IMPROVING OUR PATIENT CARE DELIVERY SYSTEM QUANTIFIABLE UNCOMPENSATED CARE:THE FOLLOWING IS A LIST OF THE TYPES OF PROGRAMS AND SERVICES THAT COULD BE INCLUDED AS UNCOMPENSATED CARE:TRADITIONAL CHARITY CARE $ 2,424,017UNPAID COST OF MEDICAID $ 9,086,739UNPAID COST OF OTHER MEANS-TESTED PROGRAMS $ 1,491,568UNPAID COST OF MEDICARE $ 12,960,789 TOTAL QUANTIFIABLE UNCOMPENSATED CARE $ 25,963,113

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $129,837
Program Service Revenue $141,605,413
Investment Income $27,980
Other Revenue $490,435
TOTAL REVENUE $142,253,665

Expense Breakdown

Grants Paid $199,321
Salaries & Benefits $73,054,398
Fundraising Expenses $0
Program Expenses $151,835,338
Other Expenses $99,101,725
TOTAL EXPENSES $172,355,444

Year-over-Year Comparison

2023 2022 Change
Revenue $142,253,665 $140,812,174 +0.0%
Expenses $172,355,444 $177,980,243 0.0%
Net Income $-30,101,779 $-37,168,069 -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
4
Independent Members
N/A
Employees
1075
Volunteers
135

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
4
$13,799,577
Total Directors
4
$14,196,392
Key Employees
4
$1,492,628
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN REWERTS DIRECTOR, VP-FINANCIAL OPERATIONS 1.00
Director
$0 $287,514 $1,088,845
STEVE SMOOT DIRECTOR, VICE PRESIDENT, COO OF SSM HEALTH 1.00
Officer Director
$0 $1,204,489 $3,258,847
LAURA KAISER DIRECTOR, PRESIDENT/CEO OF SSM HEALTH 1.00
Officer Director
$0 $3,002,313 $7,646,448
DOUGLAS LONG DIRECTOR, SECRETARY, GENERAL COUNSEL AT SSM HEALTH 1.00
Officer Director
$0 $777,013 $2,202,252
KC DEBOER REGIONAL PRESIDENT- SSM HEALTH MID-MISSOURI 50.00
Officer
$426,080 $265,950 $692,030
AMY CAMPBELL VP - PATIENT CARE SERVICES. CNO 40.00
Key Emp
$238,215 $70,927 $309,142
BECKY MILLER VP - HOSPITAL OPERATIONS 40.00
Key Emp
$171,088 $28,263 $199,351
JOHN LUCIO REGIONAL CHIEF MEDICAL OFFICER 40.00
Key Emp
$590,995 $87,482 $678,477
TONYA PEHLE VP-OPERATIONS, PHYSICIAN AND AMBULATORY SERVICES 40.00
Key Emp
$247,697 $57,961 $305,658
NATHAN KENYON PHYSICIAN 40.00
Highest
$562,554 $34,271 $596,825
THOMAS RYAN PHYSICIAN 40.00
Highest
$552,626 $29,226 $581,852
BRIAN CONLEY PHYSICIAN 40.00
Highest
$365,688 $64,724 $430,412
MOHAMMAD JARBOU PHYSICIAN 40.00
Highest
$327,203 $58,352 $385,555
DEVIN KENNEDY PHYSICIAN 40.00
Highest
$445,940 $46,619 $492,559
MICHAEL BAUMGARTNER FORMER OFFICER 0.00
$0 $295,955 $859,532
JOHN SNODSMITH FORMER OFFICER, VP FINANCE 40.00
$0 $99,350 $391,637
MICHAEL MISKO FORMER KEY EMPLOYEE 0.00
$0 $0 $113,696
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 $142,253,665 $172,355,444 $72,322,141 $-30,101,779
2022 $140,812,174 $177,980,243 $69,353,223 $-37,168,069
2021 $145,244,797 $171,134,771 $77,480,408 $-25,889,974
2020 $157,183,513 $172,773,623 $175,128,531 $-15,590,110
2019 $176,698,048 $188,149,445 $160,035,059 $-11,451,397
2018 $223,157,560 $239,600,915 $187,989,109 $-16,443,355
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