Aspirus Medford Hospital & Clinics Inc

Organization Overview

Aspirus Medford Hospital & Clinics Inc is located in Medford, WI. The organization was established in 1964. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2021, Aspirus Medford Hospital & Clinics Inc employed 686 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aspirus Medford Hospital & Clinics Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Aspirus Medford Hospital & Clinics Inc generated $105.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $86.0m during the year ending 06/2021. While expenses have increased by 3.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE HEAL PEOPLE, PROMOTE HEALTH AND STRENGTHEN COMMUNITIES.

Describe the Organization's Program Activity:

HOSPITAL SERVICES - ASPIRUS MEDFORD HOSPITAL & CLINICS, INC. (AMHC) OPERATES A 25-BED CRITICAL ACCESS HOSPITAL IN MEDFORD, WISCONSIN. DURING THE YEAR ENDED JUNE 30, 2021, THE HOSPITAL HAD 3,637 INPATIENT DAYS AND 89,655 OUTPATIENT VISITS. SURGERY, EMERGENCY CARE, RADIOLOGY, LABORATORY, CHEMOTHERAPY/INFUSION, DIALYSIS, AND THERAPIES ARE JUST SOME OF THE OTHER SERVICES THAT AMHC PROVIDES WITHIN THE HOSPITAL. AS A CRITICAL ACCESS HOSPITAL, AMHC PROVIDES ACCESS TO LOCAL HEALTH CARE FOR THE COMMUNITIES OF WHICH THEY SERVE.AMHC ALSO PROMISES TO THE COMMUNITY TO PROVIDE HEALTH CARE SERVICES TO THOSE IN NEED REGARDLESS OF THEIR ABILITY TO PAY AS DEFINED IN AMHC'S CHARITY AND COMMUNITY CARE POLICIES AND PROGRAMS. DURING FISCAL YEAR 2021, AMHC'S CHARITY CARE PROGRAM AWARDED APPROXIMATELY $1,777,535 IN FINANCIAL ASSISTANCE THROUGH CHARGE REDUCTIONS TO PATIENTS WHO COULD NOT OTHERWISE AFFORD CARE. ADDITIONAL INFORMATION ON THE COST OF PROVIDING CHARITY CARE TO PATIENTS CAN BE FOUND IN SCHEDULE H OF THE FORM 990. IN ADDITION TO PROVIDING CHARITY CARE SERVICES, AMHC ALSO PROVIDES A SIGNIFICANT AMOUNT OF SERVICES TO BENEFICIARIES OF THE MEDICARE AND MEDICAID PROGRAMS. DURING FISCAL YEAR 2021, APPROXIMATELY 59 PERCENT OF THE PATIENT SERVICES PROVIDED BY AMHC WERE PROVIDED TO MEDICARE AND MEDICAID PROGRAM BENEFICIARIES. THESE SERVICES ARE CONSIDERED A LARGE NEED IN THE COMMUNITY AND AMHC IS OFTEN REIMBURSED AT RATES BELOW THE COST OF PROVIDING THE CARE FOR THESE PATIENTS.


CLINIC SERVICES - AMHC OPERATES SEVEN OUTPATIENT CLINICS IN THE COMMUNITIES OF ABBOTSFORD, ATHENS, GILMAN, MEDFORD, PHILLIPS, PRENTICE AND RIB LAKE (ALL LOCATED WITHIN THE STATE OF WISCONSIN). DURING THE YEAR ENDED JUNE 30, 2021, THE CLINICS HAD 52,037 VISITS. AMHC PROVIDES ACCESS TO PRIMARY CARE PHYSICIANS IN THESE RURAL AND MEDICALLY UNDERSERVED AREAS.THE CLINICS ALSO SERVES A LARGE PORTION OF ELDERLY, DISABLED, AND LOW-INCOME PATIENTS WHO ARE COVERED UNDER THE MEDICARE AND WISCONSIN MEDICAID PROGRAMS. PATIENTS OF THE AMHC CLINICS ARE ALSO ELIGIBLE FOR CHARITY CARE AS DEFINED BY AMHC'S CHARITY CARE POLICY. CHARITY CARE AMOUNTS FOR THE CLINICS ARE INCLUDED IN THE TOTAL NOTED UNDER 4A ABOVE.


SENIOR CARE SERVICES - AMHC OPERATES A 50-BED SKILLED NURSING FACILITY (SNF), 10 CBRF APARTMENTS, AND A 28-UNIT RCAC. DURING THE YEAR ENDED JUNE 30, 2021, THE SNF HAD A DAILY CENSUS OF 36.43 AND THE RCAC HAD A DAILY CENSUS OF 22.19. THROUGH THESE SENIOR CARE SERVICES, AMHC PROVIDES CARE AND ASSISTANCE TO THE ELDERLY IN OUR COMMUNITY. A MAJORITY OF THE RESIDENTS RECEIVING SENIOR CARE SERVICES AT AMHC RECEIVE CARE UNDER THE WISCONSIN MEDICAID OR FAMILY CARE PROGRAMS. AMHC RECOGNIZES THAT THE COST OF CARING FOR THESE INDIVIDUALS OFTEN EXTENDS BEYOND THE AMOUNT THAT IS PAID TO AMHC BY THE MEDICAID PROGRAM. ADDITIONAL INFORMATION ON THE COST OF PROVIDING SERVICES TO MEDICAID PROGRAM BENEFICIARIES CAN BE FOUND IN SCHEDULE H OF THE FORM 990.


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Board, Officers & Key Employees

Name (title)Compensation
David Vanderkin
Physician
$670,853
Clint Semrau
Physician
$551,347
Sujatha Roberts
Physician
$549,350
Stephen Vanwylen
Physician
$493,848
Philip Bovet
Physician
$466,294
Dale Hustedt
President
$314,608

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Total Msp Llc
Contracted Labor Services
$559,625
J H Findorff & Son Inc
Capital Project
$1,138,941
Miron Construction Co Inc
Contracted Services
$514,028
American Radiology Sc
Contracted Labor Services
$441,735
Renovo Solutions Llc
Contracted Services
$438,144
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$286,863
Government grants $4,955,559
All other contributions, gifts, grants, and similar amounts not included above$9,558
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,251,980
Total Program Service Revenue$95,320,241
Investment income $4,493,329
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $60,960
Net Gain/Loss on Asset Sales $512,085
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $105,652,472

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Aspirus Medford Hospital & Clinics Inc has recieved totaling $40,868.

Awarding OrganizationAmount
Nicolet National Foundation Inc

Green Bay, WI

PURPOSE: ASSIST ONGOING OPS

$25,000
Memorial Member Association Inc

Medford, WI

PURPOSE: SUPPORT OF THE COMMUNITY NEEDS DEPARTMENT

$15,868
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$143,901
Earnings$27,506
Grants$26,092
Ending Balance$145,315

Peer Organizations

Organization NameAssets
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$1,117,982,242
Advocate North Side Health Network
Downers Grove, IL
$901,672,521
The Carle Foundation Hospital
Urbana, IL
$1,085,020,210
Regions Hospital
Minneapolis, MN
$936,558,758
Catholic Health Initiatives-Iowa Corp
Des Moines, IA
$904,841,538
Central Iowa Hospital Corporation
Des Moines, IA
$937,321,371
Covenant Medical Center Inc
Saginaw, MI
$776,913,978
North Memorial Health Care
Robbinsdale, MN
$789,881,568
Allegiance Health
Jackson, MI
$709,583,429
Munson Medical Center
Traverse City, MI
$752,883,085
Edward Hospital
Naperville, IL
$761,222,693
Swedish American Hospital
Rockford, IL
$637,025,862

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