Overview
What is Licking Memorial Hospital?
Licking Memorial Hospital, located at 1320 West Main Street in Newark, Ohio (43055), is a nonprofit institution dedicated to improving the health of the community. With 2,237 employees, they provide free-of-charge health activities and programs to the public, including wellness initiatives, community education, and specialized services for the elderly, handicapped, and medically underserved. In 2022, they served 7,482 inpatients, 805 newborns, and 345,109 outpatients, totaling 32,632 patient days. They also offer care to individuals covered by governmental programs, often at reduced prices, totaling $463,074,000 in uncompensated care that year. The hospital routinely forgives unpaid bills worth approximately $23,735,000 in bad debts and $7,607,000 in charity care.
Official website here: www.lmhealth.org
Is Licking Memorial Hospital legitimate?
Licking Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Licking Memorial Hospital 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.
Here are some key statistics you may want to consider:
Executive Compensation: $1,215,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,768,389
For more financial information, click here
Official website here: www.lmhealth.org
What is the mission statement of Licking Memorial Hospital?
Licking Memorial Hospital is committed to enhancing the health and wellbeing of the community it serves. Through various health activities and programs, the hospital aims to make a positive impact on the lives of individuals. These initiatives encompass wellness programs, community education, and special services for the elderly, disabled, and medically underserved. In 2022, the hospital provided care to 7,482 inpatients, 805 newborns, and 345,109 outpatients, with a significant portion of this care going to patients covered by governmental programs. The hospital absorbs the cost of providing care to these patients, totaling over $463 million in uncompensated care for the year. Licking Memorial Hospital continues to extend care to patients who are unable or unwilling to pay their bills, writing off approximately $23.7 million in bad debts and $7.6 million in charity care.
Official website here: www.lmhealth.org
Who is the CEO of Licking Memorial Hospital?
Robert A Montagnese is the Principal Officer of Licking Memorial Hospital. The CEO's salary of Licking Memorial Hospital is $822,340 and their total compensation is $872,708.
Official website here: www.lmhealth.org
What is the revenue of Licking Memorial Hospital?
Licking Memorial Hospital's revenue in 2022 was $331,971,487.
Official website here: www.lmhealth.org
Who are the executives of Licking Memorial Hospital and what are their salaries?
The average compensation at Licking Memorial Hospital during 2022 was $50,507. There are 2,237 employees and 155 volunteers at Licking Memorial Hospital.
Here are 20 key members and their salaries (Licking Memorial Hospital's CEO's salary is $822,340 and their total compensation is $872,708):
- Robert Montagnese (President & Ceo)
- Craig Cairns (Vp Medical Staff Affairs)
- Sallie Arnett (Vp Information Systems)
- Cindy Webster (Vp Financial Services)
- Brad Copley (Director Of Emergency Services)
- Anne Peterson (Vp Hr And Support Services)
- Veronica Patton (Vp Pr & Development)
- C Daniel Hayes (Director)
- Andre M Sarap (Director)
- Mark Mitchell (Director)
- Jack A Treinish Jr (Director)
- Philip H Wagner (Director)
- Scott Hayes (Director)
- Alexander Miller (Director)
- Charles Moore (Director)
- Marcia Downes (Director)
- Jacqueline H Parrill (Chair) [Trustee/Director]
- James R Cooper (Vice Chair) [Trustee/Director]
- Paul M Thompson (Treasurer) [Trustee/Director]
- Sharad Thakkar (Secretary) [Trustee/Director]
Official website here: www.lmhealth.org
Where can I find the form 990 for Licking Memorial Hospital?
The Licking Memorial Hospital’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.lmhealth.org
Learn more at the official website: www.lmhealth.org
Mission Statement of Licking Memorial Hospital
Licking Memorial Hospital, a dedicated community health improvement initiative, strives to enhance the well-being of individuals in its care. The organization's primary objective is to deliver a range of health activities and programs, accessible free of charge, to cater to the diverse needs of the population. These offerings encompass wellness programs, community education initiatives, and specialized services for the elderly, handicapped, and medically underprivileged.
Throughout the year, Licking Memorial Hospital extends its reach beyond the hospital walls by implementing various reduced price services and free programs based on identified community health needs. These initiatives aim to foster a healthier community and provide essential resources to those who might otherwise be unable to access them.
In the past year, Licking Memorial Hospital served a considerable number of patients, with a total of 7,482 inpatients and 805 newborns, translating to 32,632 patient days. Furthermore, the organization provided care to a substantial number of patients covered by governmental programs, often offering services below cost. In 2022, the hospital wrote off approximately $23,735,000 in bad debts and $7,607,000 in charity care, further illustrating their commitment to providing uncompensated care to those unwilling or unable to pay. By extending compassionate care and resources to these individuals, Licking Memorial Hospital plays a pivotal role in addressing the health needs of its community, ultimately striving to improve overall well-being and quality of life.
Impact
This information is meant to be a general summary of Licking Memorial Hospital. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Licking Memorial Hospital's impact is truly significant in improving the health of the community. In 2022 alone, they served 7,482 inpatients and 805 newborns, totaling 32,632 patient days, and provided services to 345,109 outpatients. This demonstrates their commitment to providing essential healthcare services to a wide range of individuals in need. Additionally, the hospital goes above and beyond by offering health activities and programs free-of-charge, including wellness programs, community education programs, and special programs for the elderly, handicapped, and medically underserved, totaling an unreimbursed value of $463,074,000 in 2022. Licking Memorial Hospital's dedication to providing uncompensated care, charity care, and reduced-price services underscores their mission to address community health needs and support those who may be unable to pay for healthcare services.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$323,919,620
HOME HEALTH CARE
Revenue
$837,821
Organization Details
Founding Year
1898
Phone
(220) 564-4528
Principal Officer
Robert A Montagnese
Main Address
1320 WEST MAIN STREET, NEWARK, OH, 43055
Website
www.lmhealth.org
NTEE Category
Code: E21 - Health
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