Cambridge Memorial Hospital Inc

Organization Overview

Cambridge Memorial Hospital Inc, operating under the name Tri Valley Health System, is located in Cambridge, NE. The organization was established in 1960. 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 04/2022, Tri Valley Health System employed 204 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri Valley Health System 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 04/2022, Tri Valley Health System generated $26.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $25.2m during the year ending 04/2022. While expenses have increased by 2.1% per year over the past 7 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 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING QUALITY, COMPASSIONATE, LOCAL HEALTHCARE SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CAMBRIDGE MEMORIAL HOSPITAL, INC., DBA TRI VALLEY HEALTH SYSTEM OPERATES A 20-BED CRITICAL ACCESS HOSPITAL LOCATED IN CAMBRIDGE, NEBRASKA. THE HOSPITAL PROVIDES SHORT-TERM INPATIENT AND OUTPATIENT CARE. TRI VALLEY HEALTH SYSTEM OPERATES A FULL-TIME EMERGENCY ROOM AND PROVIDES EMERGENCY CARE REGARDLESS OF THE ABILITY TO PAY. THE EMERGENCY ROOM HAD 1,328 EMERGENCY CENTER VISITS THIS YEAR. THROUGH ITS INTEGRATED NETWORK OF PROVIDERS, TRI VALLEY HEALTH SYSTEM PROVIDES EMERGENCY AND NON-EMERGENCY SERVICES TO THE COMMUNITIES IT SERVES. TRI VALLEY HEALTH SYSTEM INITIATED A "WALK-IN" CLINIC THROUGH ONE OF THEIR RURAL HEALTH CLINICS. (CONTINUED ON SCH. O)THROUGHOUT THE YEAR 2,726 PATIENTS WERE SEEN THROUGH THE "WALK-IN" CLINICS.SERVICES ARE ACCESSIBLE TO THE COMMUNITIES THROUGH PARTICIPATION IN GOVERNMENT PROGRAMS LIKE MEDICARE AND MEDICAID AND BY OFFERING ASSISTANCE THROUGH THE TRI VALLEY HEALTH SYSTEM CHARITY PROGRAM. THE TRI VALLEY HEALTH SYSTEM CHARITY PROGRAM PROVIDES DISCOUNTED AND FREE SERVICES TO PATIENTS WHO LACK THE RESOURCES TO BE FULLY RESPONSIBLE FOR THE HEALTH CARE THEY RECEIVE. THE CHARITY PROGRAM IS DESIGNED TO ENSURE THE COMMUNITIES SERVED BY TRI VALLEY HEALTH SYSTEM HAVE ACCESS TO NEEDED HEALTHCARE SERVICES. THE TRI VALLEY HEALTH SYSTEM BOARD OF TRUSTEES OVERSEES SERVICES DELIVERED UNDER THE CHARITY CARE POLICY INCLUDING ASSESSING COMMUNITY NEEDS, APPROVING ELIGIBILITY CRITERIA AND MONITORING THE EFFECTIVENESS OF THE PROGRAM IN PROVIDING COMMUNITY ACCESS TO MEDICAL CARE. RECORDS ARE MAINTAINED TO IDENTIFY AND MONITOR THE LEVEL OF CHARITY CARE PROVIDED. THE ESTIMATED COST OF PROVIDING THESE SERVICES WAS $20,000 FOR THE YEAR ENDED APRIL 30, 2022, CALCULATED BY MULTIPLYING THE RATIO OF COST TO GROSS CHARGES FOR THE HEALTH SYSTEM BY THE GROSS UNCOMPENSATED CHARGES ASSOCIATED WITH PROVIDING CHARITY TO ITS PATIENTS.IN ADDITION, THE HEALTH SYSTEM PROVIDES SERVICES TO OTHER 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 HEALTH SYSTEM 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.


TRI VALLEY HEALTH SYSTEM HAS RURAL HEALTH CLINICS IN ARAPAHOE, INDIANOLA, AND CAMBRIDGE, NEBRASKA. DURING THE YEAR, THE CLINICS HAD 11,908 VISITS. THE EMPLOYED PHYSICIANS ARE ACTIVE IN THE COMMUNITY AND PROVIDE SUPPORT SERVICES SUCH AS ATTENDANCE AT COMMUNITY SPORT PROGRAMS AND MEDICAL DIRECTORS FOR EMT GROUPS. THEY ALSO OFFER EDUCATIONAL PROGRAMS FOR THE LOCAL SCHOOL SYSTEMS AND PEOPLE IN THE COMMUNITY WITH PROGRAMS SUCH AS "HEALTHIER ME", A DIABETES PREVENTION PROGRAM. YEARLY THE CLINICS PROVIDES "FLU CLINICS" IN WHICH FLU VACCINATIONS ARE PROVIDED AT REDUCED RATES. ALSO, THE CLINICS ANNUALLY OFFER A "HEALTH FAIR" TO THE COMMUNITIES THEY SERVE. (CONTINUED ON SCH. O)HEALTH FAIR LAB PROFILE TESTING COMPLETED WHICH NORMALLY WOULD COST THE HEALTH SYSTEM $665 (BASED ON AN AVERAGE RATIO OF COST TO GROSS CHARGES) IS REDUCED TO A FEE OF APPROXIMATELY $35 (DEPENDING ON TESTS REQUESTED).


TRI VALLEY HEALTH SYSTEM'S OTHER PROGRAMS INCLUDE AN ASSISTED LIVING FACILITY AND AN INDEPENDENT LIVING FACILITY. ADDITIONAL SERVICES ARE PROVIDED INCLUDING A HOME MONITORING SYSTEM, MEALS ON WHEELS, AND PUBLIC TRANSPORTATION. DURING THE FISCAL YEAR, TRI VALLEY'S ASSISTED LIVING FACILITY AVERAGED 14 RESIDENTS A DAY. TRI VALLEY HEALTH SYSTEM IS ENCOURAGING COMMUNITY MEMBERS TO STAY AS INDEPENDENT AS POSSIBLE AND ASSURING THE PATIENTS/RESIDENTS ARE IN THE APPROPRIATE LOCATION BASED ON THEIR LEVEL OF CARE NEEDS.


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Outside Vendors & Contractors

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Inspire Rehabilitation Llc
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $392,728
All other contributions, gifts, grants, and similar amounts not included above$69,662
Noncash contributions included in lines 1a–1f $41,480
Total Revenue from Contributions, Gifts, Grants & Similar$462,390
Total Program Service Revenue$25,441,731
Investment income $425,875
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $19,632
Net Gain/Loss on Asset Sales $1,890
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$7,862
Miscellaneous Revenue$0
Total Revenue $26,343,656

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Cambridge Memorial Hospital Inc has recieved totaling $55,830.

Awarding OrganizationAmount
American Heart Association Inc

Dallas, TX

PURPOSE: STROKE PROGRAMS

$55,625
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$205
View Grant Recipient Profile

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