Licking Memorial Professional Corporation
Licking Memorial Professional Corporation
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About this organization
Mission
To improve the health of the community.
About
LMPC provides care to persons covered by governmental programs, below cost in many cases. To the extent reimbursement is below charges, LMPC considers these amounts to be contractual adjustments, which will never be collected. The unreimbursed value of providing care to these patients amounted to $25,758,000 of charges in 2018. Uncompensated care is provided through many reduced price services and free programs offered throughout the year based upon activities and services LMPC believes will serve a bona fide community health need. LMPC routinely provides uncompensated care to patients who are unwilling or unable to pay their bills. In 2018, LMPC wrote off charges of approximately $2,798,000 of charges in bad debts and $1,016,000 of charges in charity care.
Interesting data from their 2019 990 filing
The purpose of the non-profit is listed in the filing as “Licking memorial professional corporation exists to improve the health of the community.”.
When discussing its operations, they were characterized as: “To improve the health of the community.”.
- The non-profit's legally reported state of operation is OH.
- The filing states that the non-profit's address in the year 2019 is 1320 WEST MAIN STREET, NEWARK, OH, 430553699.
- The form submitted by the non-profit for 2019 shows a total of 557 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$41,985,718.
- The organization has 8 independent voting members.
- The organization was formed in 1996.
- The organization pays $67,254,144 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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