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Reid Hospital & Health Care Services Inc.

Reid Hospital & Health Care Services Inc.

Richmond, IN
Tax ID35-0892672

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About this organization

Revenue

$468,600,048

Expenses

$389,667,178

Website

reidhealth.org

Mission

OUR MISSION IS TO SERVE PEOPLE BY ENHANCING GENERAL HEALTH, WELL-BEING AND QUALITY OF LIFE BY PROVIDING QUALITY HEALTH CARE & EDUCATION THAT WILL MEET CURRENT & FUTURE NEEDS.

About

THE MISSION OF REID HOSPITAL AND HEALTH CARE SERVICES, INC. IS TO SERVE THE PEOPLE OF A MULTI-COUNTY SERVICE AREA IN REFERENCE TO THEIR CURRENT AND FUTURE NEEDS FOR HEALTH CARE SERVICES. IN FURTHERANCE OF THIS MISSION, REID HOSPITAL AND HEALTH CARE SERVICES, INC. PROVIDES QUALITY HEALTHCARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, AGE, OR ABILITY TO PAY. DURING 2018, REID HOSPITAL AND HEALTH CARE SERVICES, INC. ADMITTED APPROXIMATELY 12,551 PATIENTS FOR IN-PATIENT SERVICES REPRESENTING 54,874 PATIENT DAYS; 772 BIRTHS REPRESENTING 1,956 NEWBORN PATIENT DAYS AND PERFORMED APPROXIMATELY 2,028 IN-PATIENT SURGERIES. IN ADDITION, REID HOSPITAL AND HEALTH CARE SERVICES, INC. RECEIVED 287,284 OUT-PATIENT ENCOUNTERS FOR NON-EMERGENCY DIAGNOSTIC AND TREATMENT SERVICES INCLUDING 8,294 AMBULATORY SURGERIES AND 18,078 HOME HEALTH ENCOUNTERS. REID HOSPITAL AND HEALTH CARE SERVICES, INC. OFFERS EMERGENCY SERVICES 24 HOURS PER DAY, 365 DAYS EACH YEAR. IN 2018, 41,614 PATIENTS WERE TREATED THROUGH EMERGENCY SERVICES. IN KEEPING WITH REID HOSPITAL AND HEALTH CARE SERVICES, INC.'S COMMITMENT TO SERVE ALL MEMBERS OF OUR MULTI-COUNTY SERVICE AREA, REID HOSPITAL AND HEALTH CARE SERVICES, INC. PROVIDES HEALTHCARE TO THE ELDERLY AND DISABLED COVERED UNDER MEDICARE AND MEDICAID PROGRAMS AT OR BELOW COST. IN ADDITION, REID HOSPITAL AND HEALTH CARE SERVICES, INC. HAS ESTABLISHED A FINANCIAL ASSISTANCE POLICY FOR THE POOR WHO DO NOT HAVE THE MEANS TO PAY FOR SERVICES. FOR 2018, THE TOTAL VALUE OF UNCOMPENSATED CARE AT COST FOR THE ELDERLY AND DISABLED WAS $13.9 MILLION AND FINANCIAL ASSISTANCE FOR THE POOR WAS $18.6 MILLION. TO ENSURE MEMBERS OF OUR SERVICE COMMUNITY HAVE ADEQUATE ACCESS AND RESOURCES AVAILABLE TO MEET THEIR HEALTHCARE NEEDS, REID HOSPITAL AND HEALTH CARE SERVICES, INC. HAS UNDERTAKEN A DELIBERATE PHYSICIAN RECRUITMENT PROGRAM CONSISTENT WITH IRS GUIDANCE. THIS PROGRAM PROVIDES ASSURANCE THAT OUR SERVICE COMMUNITY HAS ADEQUATE AND QUALIFIED PHYSICIAN RESOURCES COVERING A VARIETY OF SPECIALTY AREAS. THE COST OF FUNDING THIS RECRUITMENT EFFORT WAS $920,412 FOR 2018. IN ADDITION, REID HOSPITAL AND HEALTHCARE SERVICES, INC. IS COMMITTED TO INITIATING, PARTICIPATING IN, OR COOPERATIVELY SUPPORTING COMMUNITY EFFORTS THAT ENHANCE THE GENERAL HEALTH STATUS, WELL-BEING AND TOTAL QUALITY OF LIFE IN OUR SERVICE COMMUNITY. TOTAL QUALITY OF LIFE IN OUR SERVICE COMMUNITY.

Interesting data from their 2019 990 filing

The filing specifies the mission of the non-profit as “Wholeness in body, mind, and spirit is basic to fulfillment of human potential. reid hospital and health care services, inc. and its people work with others to enhance wholeness for all those we serve. this mission is carried out by serving the people of a multi-county service area in reference to their current and future needs for health care services. our major functions are to: 1.) provide a broadly defined range of health care services that: a.) address community and service area needs, b.) can be offered in a high quality manner, and c.) provide cost-effective value; 2.) support, alone or collaboratively, educational efforts directed toward: a.) entry level preparation of health care workers, b.) life-long learning for those serving in health care, and c.) enhance healthy lifestyles and choices in the people we serve; and 3.) initiate, participate, or cooperatively support community efforts that enhance the general health status, well-being and total quality of life in our communi”.

When explaining its duties, they were described as: “Our mission is to serve people by enhancing general health, well-being and quality of life by providing quality health care & education that will meet current & future needs.”.

  • The state in which the non-profit is authorized to operate legally is IN.
  • According to the filing, the address of the non-profit for the year 2019 is 1100 REID PARKWAY, RICHMOND, IN, 473741908.
  • The non-profit has reported 2560 employees on their form for the year 2019.
  • Operates a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $78,932,870.
  • The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 12 independent voting members.
  • The organization was formed in 1902.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $155,955,409 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has a business related family member transaction.
  • The organization has a business related organization transaction.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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