Memorial Hospital Association
Memorial Hospital Association
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About this organization
Mission
Memorial Hospital provides clinical care, diagnostic, treatment, and wellness services
About
Memorial Hospital is dedicated to maintaining and improving the health of all people in the Hancock County area. Governed by a Board of Directors, we serve as a vital safety net, serving our communities with access to quality healthcare services. Memorial Hospital provides many types of community benefit care. Community benefit care includes charity care, community health fairs, lectures, and free health screenings, demonstrating our commitment to improving the overall health of the residents of the Hancock County area.In 2019, the Hospital had 2,187 patient days with 603 admissions and 602 discharges. (Continued on Schedule O)There were 4,299 emergency room visits, 621 provider-based physician clinic visits, 3,690 independent physcian clinic visits and 30,652 rural health physician clinic visits.We are always committed to providing compassionate care to every member of our community regardless of their ability to pay.To fulfill its mission of community service, the Organization provides care to patients and residents who meet certain criteria under its charity care policy without charge or at amounts less than its established rates. Revenue from services to these patients and residents is recorded in the accounting system at the established rates, but the Organization does not pursue collection of the amounts. The resulting adjustments are recorded as adjustments to patient and resident service revenue, depending on the timing of the charity determination.The Illinois legislature passed a bill titled the "Hospital Uninsured Patient Discount Act." Effective April 1, 2009, this Act requires hospitals to provide certain mandated discounts from charges to the uninsured in Illinois. Charges are to be discounted at 135% of cost. Furthermore, a hospital may not collect more than 25% of an uninsured family's gross income in any one year.The Organization provides care to patients and residents who meet certain criteria under its charity care policy without charge or at amounts less than established rates. Because the Organization does not pursue collection of amounts determined to qualify as charity care, they are not reported as revenue. The amount of charges foregone, based on established rates was $396,724 for the year ended December 31, 2019. The estimated costs of the charges foregone, based upon an overall cost-to-charge ratio calculation, for the year end December 31, 2019 was $205,000.In addition, the Organization provides services to other medically indigent patients under certain government-reimbursed public aid programs. Such programs pay providers amounts which are less than established charges for the services provided to the recipients, and for some services the payments are less than the cost of rendering the services provided. The Organization also commits significant time and resources to endeavors and critical services which meet otherwise unfulfilled community needs. Many of these activities are sponsored with the knowledge that they will not be self-supporting or financially viable.
Interesting data from their 2020 990 filing
The mission of the non-profit, as stated in the filing, is “Memorial hospital is committed to improving health by providing education and wellness programs and innovative services at all the stages of life.”.
When referring to its tasks, they were described as: “Memorial hospital provides clinical care, diagnostic, treatment, and wellness services”.
- The non-profit is operating legally in the state of IL.
- The non-profit's address for the year 2020 is listed as PO Box 160, Carthage, IL, 62321 in the filing.
- The form submitted by the non-profit organization for 2020 reports 276 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$330,515.
- The organization has 11 independent voting members.
- The organization was formed in 1947.
- The organization pays $15,414,780 in salary, compensation, and benefits to its employees.
- The organization pays $92,892 in fundraising expenses.
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