VALLEY HOSPITAL INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- VALLEY HOSPITAL INC (EIN 22-1487307)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202203199349313790
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule H
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T12:55:06-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 TICE BOULEVARD SUITE 315 | AddressLine1Txt |
| City | WOODCLIFF LAKE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07677 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221487307 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE VALLEY HOSPITAL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VALL | BusinessNameControlTxt |
| Phone | 2014478000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 NORTH VAN DIEN AVENUE | AddressLine1Txt |
| City | RIDGEWOOD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07450 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AUDREY MEYERS | PersonNm |
| Person Title | PRESIDENT & CEO, | PersonTitleTxt |
| Phone | 2014478000 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | AUDREY | PersonFirstNm |
| Person Last | MEYERS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EDWARD G O'CONNOR | PreparerPersonNm |
| PTIN | P00434443 | PTIN |
| Phone | 2017129800 | PhoneNum |
| Preparation | 2022-11-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | AUDREY MEYERS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 NORTH VAN DIEN AVENUE | AddressLine1Txt |
| City | RIDGEWOOD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07450 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,559,454,955 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.VALLEYHEALTH.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1925 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | THE VALLEY HOSPITAL SERVES THE COMMUNITY BY HEALING AND CARING FOR PATIENTS, COMFORTING THEIR FAMILIES AND TEACHING GOOD HEALTH. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 4328 | TotalEmployeeCnt |
| Total Volunteers | 900 | TotalVolunteersCnt |
| Total Gross UBI | $690,191 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $90,953,885 | PYContributionsGrantsAmt |
| CY Contributions Grants | $48,649,420 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $761,188,083 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $894,617,449 | CYProgramServiceRevenueAmt |
| PY Investment Income | $33,006,001 | PYInvestmentIncomeAmt |
| CY Investment Income | $30,738,761 | CYInvestmentIncomeAmt |
| PY Other Revenue | $12,249,054 | PYOtherRevenueAmt |
| CY Other Revenue | $26,523,473 | CYOtherRevenueAmt |
| PY Total Revenue | $897,397,023 | PYTotalRevenueAmt |
| CY Total Revenue | $1,000,529,103 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $79,111,186 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $89,176,604 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $405,415,923 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $344,729,669 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $358,963,016 | PYOtherExpensesAmt |
| CY Other Expenses | $421,953,657 | CYOtherExpensesAmt |
| PY Total Expenses | $843,490,125 | PYTotalExpensesAmt |
| CY Total Expenses | $855,859,930 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $53,906,898 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $144,669,173 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,094,706,375 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,214,086,950 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $779,283,273 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $761,951,049 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,315,423,102 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,452,135,901 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE VALLEY HOSPITAL SERVES THE COMMUNITY BY HEALING AND CARING FOR PATIENTS, COMFORTING THEIR FAMILIES AND TEACHING GOOD HEALTH. THE VALLEY HOSPITAL IS DISTINGUISHED BY A COMMITMENT TO EXCELLENCE IN CLINICAL CARE, INNOVATION IN PROGRAMS AND TECHNOLOGY, AND PROVIDING A COMPASSIONATE AND RESPECTFUL ENVIRONMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $689,209,926 | ExpenseAmt |
| Grant | $89,176,604 | GrantAmt |
| Revenue | $894,476,641 | RevenueAmt |
| Desc | THE VALLEY HOSPITAL IN RIDGEWOOD, NEW JERSEY IS A FULLY ACCREDITED, ACUTE CARE, NOT-FOR-PROFIT HOSPITAL SERVING MORE THAN 440,000 PEOPLE IN 32 TOWNS IN BERGEN COUNTY AND ADJOINING COMMUNITIES. THE VALLEY HOSPITAL IS PART OF VALLEY HEALTH SYSTEM, A REGIONAL HEALTHCARE SYSTEM THAT SERVES RESIDENTS IN NORTHERN NEW JERSEY AND SOUTHERN NEW YORK. IT COMPRISES THE VALLEY HOSPITAL, VALLEY HOME CARE, AND VALLEY MEDICAL GROUP. AS A NOT-FOR-PROFIT HOSPITAL, VALLEY IS COMMITTED TO GIVING BACK TO THE COMMUNITY. VALLEY SERVES THE COMMUNITY BY PROVIDING THOUSANDS OF HOURS OF HEALTHCARE EDUCATION AND SCREENINGS, SUPPORT GROUPS AND CLASSES TO ASSIST THOSE IN NEED, AND CARE TO ALL THOSE WHO COME THROUGH OUR DOORS, REGARDLESS OF THEIR ABILITY TO PAY. VALLEY'S CURRENT LICENSED CAPACITY IS 431 BEDS. BERGEN COUNTY IS THE MOST POPULOUS COUNTY IN NEW JERSEY AND ONE OF THE WEALTHIEST COUNTIES IN THE UNITED STATES. THERE ARE 931,275 RESIDENTS IN THE 233.01 SQUARE MILES OF BERGEN COUNTY, NJ. THE POPULATION IS 55% WHITE AND NON-HISPANIC, 21% HISPANIC, 7% BLACK, AND 17% ASIAN. THE MEDIAN HOUSEHOLD INCOME IS $104,623. RESIDENTS ARE GENERALLY WELL-EDUCATED AND HAVE HIGHER GRADUATION RATES THAN NJ AS A WHOLE AND THE U.S. AS A WHOLE. THE VALLEY HOSPITAL EMPLOYS PEOPLE WHO REPRESENT AND LIVE IN THE COMMUNITIES WE SERVE. MORE THAN 3,600 EMPLOYEES CONSTITUTE THE VALLEY HOSPITAL.OVER 2,660 COVID-19 PATIENTS CAME THROUGH THE DOORS OF THE HOSPITAL IN 2021. IN FEBRUARY 2021, VALLEY OPENED A COVID-19 VACCINE CENTER AND ADMINISTERED MORE THAN 170,000 COVID-19 VACCINES TO MEMBERS OF OUR COMMUNITY THROUGHOUT THE YEAR.BY THE END OF 2021, A TOTAL OF 974 MONOCLONAL ANTIBODY INFUSIONS WERE GIVEN. MONOCLONAL ANTIBODY TREATMENT IS FOR PATIENTS AT HIGH-RISK WITH MILD TO MODERATE COVID-19 INFECTION AND GIVEN WITHIN 10 DAYS OF SYMPTOM ONSET.IN 2021, 50,120 INDIVIDUALS WERE ADMITTED TO VALLEY, 61,884 PEOPLE WERE TREATED IN THE EMERGENCY DEPARTMENT, AND 3,875 BABIES WERE BORN. IN ADDITION TO ITS "CENTERS OF EXCELLENCE" IN CARDIAC/HEART FAILURE, DIABETES, ONCOLOGY, PULMONARY, GERIATRICS, TOTAL JOINT, AND NEUROVASCULAR, VALLEY ALSO OFFERS THE SERVICES OF A COMPREHENSIVE CANCER CENTER, CENTER FOR CHILDBIRTH, CENTER FOR MINIMALLY INVASIVE AND ROBOTIC SURGERY, A TOTAL JOINT REPLACEMENT CENTER, A NEUROSCIENCE CENTER, A CENTER FOR METABOLIC SURGERY AND WEIGHT-LOSS MANAGEMENT, A CENTER FOR SLEEP MEDICINE, THE GAMMA KNIFE CENTER, AND THE KIREKER CENTER FOR CHILD DEVELOPMENT, AMONG OTHERS.THE VALLEY HOSPITAL EMERGENCY DEPARTMENT IS A RECIPIENT OF THE LANTERN AWARD FROM THE EMERGENCY NURSES ASSOCIATION. VALLEY IS ONE OF ONLY 28 HOSPITALS NATIONWIDE TO EARN THIS AWARD FOR 2019-2022 AND IS THE FIRST AND ONLY HOSPITAL IN BERGEN COUNTY TO RECEIVE THIS RECOGNITION SINCE THE PROGRAM'S INCEPTION IN 2011.BERGEN COUNTY HAS THE SECOND HIGHEST PERCENTAGE OF ADULTS 65 AND OVER AMONG ALL COUNTIES IN NEW JERSEY. PEOPLE OVER THE AGE 65 MAKE UP 17% OF BERGEN COUNTY RESIDENTS COMPARED TO NEW JERSEY OVERALL AT 16%. VALLEY HEALTH PRIMETIME WAS CREATED TO HELP OLDER ADULTS STAY HEALTHY BY TEACHING THEM GOOD HEALTH AND PROVIDING OPPORTUNITIES TO REMAIN SOCIALLY ACTIVE. IN 2021, VALLEY HEALTH PRIMETIME TRANSITIONED TO VIRTUAL PROGRAMS AND OFFERED 34 FREE, VIRTUAL PROGRAMS TO OVER 1,358 OLDER ADULTS. EACH YEAR, VALLEY DINING PREPARES OVER 23,000 MEALS FOR COMMUNITY MEALS, INC., AND FINANCIAL RESOURCES TO SUPPORT HOMEBOUND OLDER ADULTS IN VALLEY'S SERVICE AREA.VALLEY'S COMMUNITY CARE CLINIC HAD 4,805 VISITS IN 2021. THEY PROVIDE CARE AT NO COST TO THE PATIENTS WHO QUALIFY IN 16 (MEDICAL, NEUROLOGY, GI, GENERAL SURGERY, BREAST SURGERY, RHEUMATOLOGY, OPHTHALMOLOGY, GYN, OB, PEDIATRICS, PULMONARY, CARDIOLOGY, PAIN, DERMATOLOGY, ORTHOPEDICS, AND UROLOGY) SPECIALTY CLINICS. THEY CONTINUE TO PROVIDE CARE TO CHILDREN IN FOSTER CARE IN BERGEN AND PASSAIC COUNTIES THAT REQUIRE COMPLEX MEDICAL AND SUBSPECIALTY CARE. IN 2020, THE VALLEY HOSPITAL WAS AWARDED THE "LGBTQ HEALTHCARE EQUALITY LEADER" DESIGNATION BY THE HUMAN RIGHTS CAMPAIGN (HRC) FOUNDATION FOR EARNING A TOP SCORE FOR ITS LGBTQ-INCLUSIVE POLICIES AND PRACTICES. VALLEY RECEIVED THE TOP SCORE OF 100 FOR THE THIRD TIME FOR ITS LGBTQ-INCLUSIVE POLICIES AND PRACTICES IN FOUR AREAS: NON-DISCRIMINATION AND STAFF TRAINING, LGBTQ PATIENT SERVICES AND SUPPORT, EMPLOYEE BENEFITS AND POLICIES, AND LGBTQ PATIENT AND COMMUNITY ENGAGEMENT. THE HEI SURVEY IS REVIEWED EVERY TWO YEARS. VALLEY SUPPORTS BUDDIES OF NEW JERSEY, GARDEN STATE EQUALITY, AND FRIENDS OF MAHWAH PRIDE TO EXPAND RESOURCES TO THE LGBTQ COMMUNITY.VALLEY'S SOCIAL EQUALITY COUNCIL IS DEVELOPING INITIATIVES AND PROGRAMS THAT ENCOURAGE SAFETY AND EQUAL ACCESS TO ALL OPPORTUNITIES, SO THAT EVERYONE CAN LEAD A HEALTHY AND FULFILLED LIFE, REGARDLESS OF AN INDIVIDUAL'S BACKGROUND, ETHNICITY, OR RACE.BY COLLABORATING WITH AREA ORGANIZATIONS, VALLEY IS ABLE TO WORK WITH UNDERSERVED POPULATIONS TO HELP MEET ACCESS TO CARE NEEDS OF THEIR MEMBERS AND CONNECT INDIVIDUALS TO RESOURCES.COMMUNITY EDUCATION CLASSES WERE ORIGINALLY DESIGNED AS IN-PERSON SESSIONS, BUT WHEN THE PANDEMIC HIT, THE COMMUNITY HEALTH DEPARTMENT QUICKLY ASSESSED HOW TO OFFER CLASSES VIRTUALLY. OVER 16,157 PEOPLE PARTICIPATED IN FREE EDUCATION PROGRAMS IN PERSON AND VIRTUALLY IN 2021.LIFESTYLES, OUR WORLD-CLASS HEALTH AND FITNESS CENTER, FEATURES THREE POOLS AND THE LATEST STRENGTH AND CARDIO EQUIPMENT. THE TEAM OF HIGHLY EXPERIENCED AND DEGREED HEALTH PROFESSIONALS DESIGN PROGRAMMING TO MEET THE WELLNESS NEEDS FOR PEOPLE OF ALL AGES. TO ENCOURAGE THE COMMUNITY TO STAY HEALTHY DURING THE PANDEMIC, LIFESTYLES LAUNCHED A FREE "LIFESTYLES AT HOME" VIDEO SERIES FOR THE COMMUNITY, FEATURING 95 INSTRUCTIONAL VIDEOS COVERING FLEXIBILITY, CARDIO/FITNESS, CARDIO/STRENGTH TRAINING, STRENGTH TRAINING, AND MIND/BODY.PARTICIPANTS IN VALLEY'S FREE WALKING PROGRAMS WALKED 10,200 MILES IN 2021. PARTICIPANTS IN WEIGHT LOSS CHALLENGES OFFERED BY VALLEY IN PARTNERSHIP WITH THE RIDGEWOOD AND PARAMUS BOARDS OF HEALTH LOST A TOTAL OF 417 LBS. FIFTY PERCENT OF THOSE PARTICIPANTS ALSO LOWERED THEIR A1C AND CHOLESTEROL. ALSO, 1,500 PEOPLE ATTENDED NUTRITION PROGRAMS ON TOPICS SUCH AS HEALTHY SUMMER EATING, THE MEDITERRANEAN DIET, WEIGHT LOSS STRATEGIES, AND THE TRUTH BEHIND DIET TRENDS.OVER 350 PEOPLE PARTICIPATED IN BLOOD PRESSURE SCREENING CLINICS, AND 835 PEOPLE PARTICIPATED IN PROGRAMS ON CARDIAC AND STROKE. SOME PROGRAM TOPICS INCLUDE MANAGING BLOOD PRESSURE, METABOLIC SYNDROME, WOMEN'S CARDIAC HEALTH, STROKE, AND ATRIAL FIBRILLATION. VALLEY ALSO HOSTS A STROKE SUPPORT GROUP WITH APPROXIMATELY 10 PARTICIPANTS EACH MONTH.THE VALLEY HOSPITAL WAS AWARDED THE ADVANCED COMPREHENSIVE STROKE CENTER CERTIFICATION THE HIGHEST-LEVEL RECOGNITION THAT A STROKE CENTER CAN RECEIVE FROM THE JOINT COMMISSION. THIS PRESTIGIOUS CERTIFICATION SIGNIFIES THAT VALLEY HAS MET RIGOROUS PERFORMANCE STANDARDS AND DEMONSTRATED THE ABILITY TO TREAT EVEN THE MOST COMPLEX STROKE CASES.VALLEY IS PROUD TO AFFILIATE WITH HIGH-QUALITY ORGANIZATIONS TO OFFER OUR PATIENTS THE BEST CARE AND SERVICE. WE HAVE ESTABLISHED AN ACADEMIC AFFILIATION WITH MOUNT SINAI HEALTH SYSTEM TO PROVIDE STATE-OF-THE-ART, COMPREHENSIVE CANCER CARE AND SPECIALTY CHILDREN'S SERVICES TO OUR PATIENTS AND THEIR FAMILIES. WE HAVE ALSO ESTABLISHED A CARDIAC AFFILIATION WITH CLEVELAND CLINIC THE NO. 1 HEART HOSPITAL IN THE COUNTRY TO SHARE BEST PRACTICES, COORDINATE CARE, AND DEVELOP PROGRAMS TO IMPROVE QUALITY AND PATIENT SAFETY.THE VALLEY HOSPITAL ONCE AGAIN RECEIVED THE GET WITH THE GUIDELINES-STROKE GOLDPLUS ACHIEVEMENT AWARD FOR IMPLEMENTING SPECIFIC, RESEARCH-BASED QUALITY IMPROVEMENT MEASURES FOR THE TREATMENT OF STROKE PATIENTS. HOSPITALS THAT EARN THIS RECOGNITION HAVE REACHED AN AGGRESSIVE GOAL OF TREATING STROKE PATIENTS WITH 85% OR HIGHER COMPLIANCE TO CORE STANDARD LEVELS OF CARE, AS OUTLINED BY THE AMERICAN HEART ASSOCIATION AND AMERICAN STROKE ASSOCIATION, FOR TWO CONSECUTIVE YEARS. VALLEY ALSO EARNED THE TARGET: STROKE HONOR ROLL RECOGNITION FOR MEETING QUALITY MEASURES DEVELOPED TO REDUCE THE TIME BETWEEN THE PATIENT'S ARRIVAL AT THE HOSPITAL AND TREATMENT WITH CLOT-DISSOLVING MEDICATION. | Desc |
| Total Program Service Expenses | $689,209,926 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | Yes (1) | OperateHospitalInd |
| Audited Financial Stmt Att | Yes (1) | AuditedFinancialStmtAttInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (1) | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 210 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 4328 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | 0 | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | 0 | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM KLUTKOWSKI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2014478000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 NORTH VAN DIEN AVENUE | AddressLine1Txt |
| City | RIDGEWOOD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07450 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| AUDREY MEYERS | ||||||||||
| PRESIDENT & CEO, VHS | 0.50 | 39.50 | Yes (X) | Yes (X) | $0 | $1,715,221 | $46,536 | |||
| VINCENT FORLENZA | ||||||||||
| CHAIRMAN | 0.10 | 0.40 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| JOSEPH MARION | ||||||||||
| TREASURER | 0.10 | 0.40 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| ANN LIMBERG | ||||||||||
| VICE CHAIRMAN & SECRETARY | 0.10 | 0.40 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| KEVIN LOBO | ||||||||||
| VICE CHAIRMAN | 0.10 | 0.40 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| FRANK J SHEEHY | ||||||||||
| VICE CHAIRMAN | 0.10 | 0.40 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| JUDY BASELICE | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES BUSH | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| MICHELLE HASSON | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| M SHAWN KENNEDY | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| BRUCE MACTAS | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| DUANE SACHS | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| DENIS SALAMONE | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| SCOTT SCHROEDER | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| EDWARD B SELF MD | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| STEVEN SILVERSTEIN | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| JEFFREY S TUCKER | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| PATRICIA VERDUIN | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| WAYNE WALD ESQ | ||||||||||
| TRUSTEE | 0.10 | 0.40 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM KLUTKOWSKI | ||||||||||
| SR. VP, FINANCE & CFO | 2.00 | 38.00 | Yes (X) | $0 | $709,400 | $54,102 | ||||
| KARTEEK BHAVSAR | ||||||||||
| VP, ADMINISTRATION | 40.00 | 0.00 | $509,494 | $0 | $21,600 | Yes (X) | ||||
| ANN MARIE LEICHMAN | ||||||||||
| SR. VP/CNO, PATIENT CARE SVCS | 40.00 | 0.00 | $429,153 | $0 | $31,818 | Yes (X) | ||||
| JULIA KARCHER | ||||||||||
| VP, ADMINISTRATION | 40.00 | 0.00 | $371,529 | $104,315 | $42,830 | Yes (X) | ||||
| CHARLES VANNOY | ||||||||||
| VP/CNO, PATIENT CARE SVCS | 40.00 | 0.00 | $339,560 | $0 | $41,196 | Yes (X) | ||||
| JOSEPH YALLOWITZ | ||||||||||
| VP & CHIEF MEDICAL OFFICER | 40.00 | 0.00 | $678,459 | $0 | $48,302 | Yes (X) | ||||
| DAVID BOHAN | ||||||||||
| VP & CHIEF DEVELOPMENT OFFICER | 40.00 | 0.00 | $519,079 | $0 | $37,343 | Yes (X) | ||||
| JULIE LO | ||||||||||
| CHIEF PHYSICIST | 40.00 | 0.00 | $307,552 | $0 | $35,208 | Yes (X) | ||||
| BETTYANN KEMPIN | ||||||||||
| AVP, ONCOLOGY | 40.00 | 0.00 | $293,694 | $0 | $46,329 | Yes (X) | ||||
| BRAD HASPEL | ||||||||||
| AVP, ANCILLARY SERVICES | 40.00 | 0.00 | $296,974 | $0 | $27,535 | Yes (X) | ||||
| RICHARD KENNAN | ||||||||||
| FORMER SENIOR VP FINANCE/CFO | 0.00 | 0.00 | $0 | $4,692,143 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,745,494 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $7,221,079 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $432,799 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 697 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| TORCON INC | |||||
| 328 NEWMAN SPRINGS ROAD | RED BANK | NJ | 07701 | GENERAL CONTRACTOR | $17,637,815 |
| HDR ARCHITECTURE | |||||
| 1917 SOUTH 67TH STREET | OMAHA | NE | 68106 | ARCHITECTURAL | $4,676,959 |
| BERGEN ANESTHESIA GROUP PC | |||||
| 500 WEST MAIN STREET SUITE 16 | WYCKOFF | NJ | 07481 | ANESTHESIA | $3,547,122 |
| VIZIENT | |||||
| PO BOX 742081 | ATLANTA | GA | 30374 | TEMPORARY STAFFING | $3,257,547 |
| MAYO COLLABORATIVE SERVICES INC | |||||
| PO BOX 9146 | MINNEAPOLIS | PA | 55480 | LABORATORY | $1,801,635 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 130 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $45,960,616 | RelatedOrganizationsAmt |
| Government Grants | $2,688,804 | GovernmentGrantsAmt |
| Total Contributions | $48,649,420 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| PATIENT SERVICE REVENUE | 621990 | $884,433,022 | $884,433,022 | |
| PHARMACY REVENUE | 621990 | $8,010,884 | $7,320,693 | $690,191 |
| HEALTH AND WELLNESS CENTER | 713940 | $2,173,543 | $2,173,543 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $894,617,449 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,838,353 | TotalRevenueColumnAmt |
| Exclusion | $20,838,353 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $9,101,434 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $6,971,363 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,130,071 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,130,071 | TotalRevenueColumnAmt |
| Exclusion | $2,130,071 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $561,280,371 | SecuritiesAmt |
| Other | $574,526 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $551,471,430 | SecuritiesAmt |
| Other | $483,059 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $9,808,941 | SecuritiesAmt |
| Other | $91,467 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,900,408 | TotalRevenueColumnAmt |
| Exclusion | $9,900,408 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| PHARMACY - EMPLOYEES | 621990 | $14,853,178 | $14,853,178 |
| PURCHASE DISCOUNTS AND REBATES | 900099 | $4,717,892 | $4,717,892 |
| PENSION SETTLEMENT REFUND | 900099 | $1,941,533 | $1,941,533 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,880,799 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $549,383 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $2,331,416 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $24,393,402 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,000,529,103 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $894,476,641 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $690,191 | UnrelatedBusinessRevenueAmt |
| Exclusion | $56,712,851 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,176,604 | TotalAmt |
| Program Services | $89,176,604 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,775,601 | TotalAmt |
| Program Services | $1,473,749 | ProgramServicesAmt |
| Management And General | $301,852 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $286,696,839 | TotalAmt |
| Program Services | $236,118,784 | ProgramServicesAmt |
| Management And General | $50,578,055 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,944,995 | TotalAmt |
| Program Services | $8,190,245 | ProgramServicesAmt |
| Management And General | $1,754,750 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,323,065 | TotalAmt |
| Program Services | $22,502,924 | ProgramServicesAmt |
| Management And General | $4,820,141 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,989,169 | TotalAmt |
| Program Services | $15,639,480 | ProgramServicesAmt |
| Management And General | $3,349,689 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,004 | TotalAmt |
| Management And General | $137,004 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,763,801 | TotalAmt |
| Program Services | $47,668,715 | ProgramServicesAmt |
| Management And General | $6,095,086 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $821,333 | TotalAmt |
| Program Services | $540,205 | ProgramServicesAmt |
| Management And General | $281,128 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,248,268 | TotalAmt |
| Program Services | $2,460,995 | ProgramServicesAmt |
| Management And General | $1,787,273 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,956,096 | TotalAmt |
| Program Services | $8,169,067 | ProgramServicesAmt |
| Management And General | $12,787,029 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $351,421 | TotalAmt |
| Program Services | $312,953 | ProgramServicesAmt |
| Management And General | $38,468 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,524,067 | TotalAmt |
| Program Services | $2,439,657 | ProgramServicesAmt |
| Management And General | $84,410 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,454,073 | TotalAmt |
| Program Services | $3,454,073 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,711,249 | TotalAmt |
| Program Services | $56,711,249 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| SUPPLIES | $128,454,749 | $46,830,701 | $81,624,048 |
| DRUGS | $93,573,236 | $93,573,236 | |
| PROVISION FOR BAD DEBT | $30,312,650 | $30,312,650 | |
| EQUIPMENT RENTAL | $21,308,929 | $18,297,858 | $3,011,071 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,336,781 | TotalAmt |
| Program Services | $5,336,781 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $855,859,930 | TotalAmt |
| Program Services | $689,209,926 | ProgramServicesAmt |
| Management And General | $166,650,004 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $374,451,825 | BOYAmt |
| EOY | $7,610,097 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,284,585 | BOYAmt |
| EOY | $88,830,870 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,941,068 | BOYAmt |
| EOY | $22,592,263 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,973,725 | BOYAmt |
| EOY | $6,595,119 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,531,817,012 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $856,740,999 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $482,705,687 | BOYAmt |
| EOY | $675,076,013 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $955,814,648 | BOYAmt |
| EOY | $1,253,327,843 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,534,837 | BOYAmt |
| EOY | $160,054,745 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,094,706,375 | BOYAmt |
| EOY | $2,214,086,950 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $229,434,263 | BOYAmt |
| EOY | $215,615,034 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $384,730,219 | BOYAmt |
| EOY | $369,518,483 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,953,806 | BOYAmt |
| EOY | $58,410,905 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,164,985 | BOYAmt |
| EOY | $118,406,627 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $779,283,273 | BOYAmt |
| EOY | $761,951,049 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,308,757,553 | BOYAmt |
| EOY | $1,445,449,460 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,665,549 | BOYAmt |
| EOY | $6,686,441 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,315,423,102 | BOYAmt |
| EOY | $1,452,135,901 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,094,706,375 | BOYAmt |
| EOY | $2,214,086,950 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $144,669,173 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$4,953,407 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$3,002,967 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Hospital | Yes (X) | HospitalInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $92,962,762 | OtherCostOrOtherBasisAmt |
| Book Value | $92,962,762 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $621,566,076 | OtherCostOrOtherBasisAmt |
| Depreciation | $400,668,907 | DepreciationAmt |
| Book Value | $220,897,169 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $486,544,979 | OtherCostOrOtherBasisAmt |
| Depreciation | $454,947,649 | DepreciationAmt |
| Book Value | $31,597,330 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $330,743,195 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,124,443 | DepreciationAmt |
| Book Value | $329,618,752 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $675,076,013 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| ASSETS HELD BY RELATED ORGANIZATION | $36,848,483 |
| DEFERRED FINANCING COSTS AND OTHER ASSETS | $123,206,262 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $160,054,745 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED BOND INTEREST PAYABLE | $7,128,125 |
| AMOUNT DUE TO THIRD PARTY PAYERS AND OTHER LIABILITIES | $73,073,333 |
| ESTIMATED PROFESSIONAL MEDICAL LIABILITY | $38,205,169 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $118,406,627 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $967,086,249 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$4,953,407 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,914,670 | OtherRevenueAmt |
| Revenue Not Reported | -$3,038,737 | RevenueNotReportedAmt |
| Revenue Subtotal | $970,124,986 | RevenueSubtotalAmt |
| Other Revenues Not Included | $30,404,117 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $30,404,117 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,000,529,103 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $827,370,483 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,914,670 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,914,670 | ExpensesNotReportedAmt |
| Expenses Subtotal | $825,455,813 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $30,404,117 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $30,404,117 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $855,859,930 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2021 OR 2020. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RECLASS OF CERTAIN RENTAL LOSSES TO PART VIII 1,914,670. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RECLASS OF PROVISION FOR BAD DEBTS 30,312,650. RECLASS OF GAIN ON DISPOSITION OF ASSETS TO PART VIII 91,467. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RECLASS OF CERTAIN RENTAL LOSSES TO PART VIII 1,914,670. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | PROVISION FOR BAD DEBTS 30,312,650. RECLASS OF GAIN ON DISPOSITION OF ASSETS TO PART VIII 91,467. |
Schedule H IRS990ScheduleH
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Assistance Policy | Yes (1) | FinancialAssistancePolicyInd |
| Written Policy | Yes (1) | WrittenPolicyInd |
| All Hospitals Policy | Yes (X) | AllHospitalsPolicyInd |
| FPG Reference Free Care | Yes (1) | FPGReferenceFreeCareInd |
| Percent200 | Yes (X) | Percent200Ind |
| FPG Reference Discounted Care | Yes (1) | FPGReferenceDiscountedCareInd |
Discounted Care Oth Percentage DiscountedCareOthPercentageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | Yes (X) | OtherInd |
| Discounted Care Other | 500.000000000000 | DiscountedCareOtherPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Free Care Medically Indigent | Yes (1) | FreeCareMedicallyIndigentInd |
| Financial Assistance Budget | Yes (1) | FinancialAssistanceBudgetInd |
| Expenses Exceed Budget | 0 | ExpensesExceedBudgetInd |
| Annual Community Bnft Report | Yes (1) | AnnualCommunityBnftReportInd |
| Report Publically Available | Yes (1) | ReportPublicallyAvailableInd |
Financial Assistance At Cost Typ FinancialAssistanceAtCostTyp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $9,360,767 | TotalCommunityBenefitExpnsAmt |
| Net Community Benefit Expns | $9,360,767 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.01190 | TotalExpensePct |
Unreimbursed Medicaid UnreimbursedMedicaidGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $24,119,661 | TotalCommunityBenefitExpnsAmt |
| Direct Offsetting Revenue | $18,025,344 | DirectOffsettingRevenueAmt |
| Net Community Benefit Expns | $6,094,317 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.00770 | TotalExpensePct |
Total Financial Assistance Typ TotalFinancialAssistanceTyp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $33,480,428 | TotalCommunityBenefitExpnsAmt |
| Direct Offsetting Revenue | $18,025,344 | DirectOffsettingRevenueAmt |
| Net Community Benefit Expns | $15,455,084 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.01960 | TotalExpensePct |
Community Health Services CommunityHealthServicesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $3,063,832 | TotalCommunityBenefitExpnsAmt |
| Direct Offsetting Revenue | $56,742 | DirectOffsettingRevenueAmt |
| Net Community Benefit Expns | $3,007,090 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.00380 | TotalExpensePct |
Health Professions Education HealthProfessionsEducationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $2,173,571 | TotalCommunityBenefitExpnsAmt |
| Net Community Benefit Expns | $2,173,571 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.00270 | TotalExpensePct |
Subsidized Health Services SubsidizedHealthServicesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $2,012,918 | TotalCommunityBenefitExpnsAmt |
| Net Community Benefit Expns | $2,012,918 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.00260 | TotalExpensePct |
Research ResearchGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $2,546,315 | TotalCommunityBenefitExpnsAmt |
| Net Community Benefit Expns | $2,546,315 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.00320 | TotalExpensePct |
Cash And In Kind Contributions CashAndInKindContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $356,971 | TotalCommunityBenefitExpnsAmt |
| Direct Offsetting Revenue | $590 | DirectOffsettingRevenueAmt |
| Net Community Benefit Expns | $356,381 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.00050 | TotalExpensePct |
Total Other Benefits TotalOtherBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $10,153,607 | TotalCommunityBenefitExpnsAmt |
| Direct Offsetting Revenue | $57,332 | DirectOffsettingRevenueAmt |
| Net Community Benefit Expns | $10,096,275 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.01280 | TotalExpensePct |
Total Community Benefits TotalCommunityBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $43,634,035 | TotalCommunityBenefitExpnsAmt |
| Direct Offsetting Revenue | $18,082,676 | DirectOffsettingRevenueAmt |
| Net Community Benefit Expns | $25,551,359 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.03240 | TotalExpensePct |
Community Support CommunitySupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $323,779 | TotalCommunityBenefitExpnsAmt |
| Direct Offsetting Revenue | $86,131 | DirectOffsettingRevenueAmt |
| Net Community Benefit Expns | $237,648 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.00030 | TotalExpensePct |
Environmental Improvements EnvironmentalImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $24,739 | TotalCommunityBenefitExpnsAmt |
| Net Community Benefit Expns | $24,739 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.00000 | TotalExpensePct |
Workforce Development WorkforceDevelopmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $46,598 | TotalCommunityBenefitExpnsAmt |
| Net Community Benefit Expns | $46,598 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.00010 | TotalExpensePct |
Total Communtity Building Acty TotalCommuntityBuildingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Community Benefit Expns | $395,116 | TotalCommunityBenefitExpnsAmt |
| Direct Offsetting Revenue | $86,131 | DirectOffsettingRevenueAmt |
| Net Community Benefit Expns | $308,985 | NetCommunityBenefitExpnsAmt |
| Total Expense | 0.00040 | TotalExpensePct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bad Debt Expense Reported | 0 | BadDebtExpenseReportedInd |
| Bad Debt Expense | $30,312,649 | BadDebtExpenseAmt |
| Bad Debt Expense Attributable | $13,034,439 | BadDebtExpenseAttributableAmt |
| Reimbursed By Medicare | $276,391,381 | ReimbursedByMedicareAmt |
| Cost Of Care Reimbursed By Medcr | $355,048,088 | CostOfCareReimbursedByMedcrAmt |
| Medicare Surplus Or Shortfall | -$78,656,707 | MedicareSurplusOrShortfallAmt |
Costing Methodology Used CostingMethodologyUsedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cost To Charge Ratio | Yes (X) | CostToChargeRatioInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Debt Collection Policy | Yes (1) | WrittenDebtCollectionPolicyInd |
| Financial Assistance Prvsn | Yes (1) | FinancialAssistancePrvsnInd |
| Hospital Facilities | 1 | HospitalFacilitiesCnt |
Hospital Facilities HospitalFacilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Facility | 1 | FacilityNum |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE VALLEY HOSPITAL | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 NORTH VAN DIEN AVENUE | AddressLine1Txt |
| City | RIDGEWOOD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07450 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Licensed Hospital | Yes (X) | LicensedHospitalInd |
Hospital Fclty Policies Prctc HospitalFcltyPoliciesPrctcGrp (2 entries)
| FacilityFacilityNum | First Licensed CY Or PYFirstLicensedCYOrPYInd | Tax Exempt Hospital CY Or PYTaxExemptHospitalCYOrPYInd | CHNA ConductedCHNAConductedInd | Community DefinitionCommunityDefinitionInd | Community DemographicsCommunityDemographicsInd | Existing ResourcesExistingResourcesInd | How Data ObtainedHowDataObtainedInd | Community Health NeedsCommunityHealthNeedsInd | Other Health IssuesOtherHealthIssuesInd | Community Hlth Needs Id ProcessCommunityHlthNeedsIdProcessInd | Consulting ProcessConsultingProcessInd | Prior CHNA ImpactPriorCHNAImpactInd | CHNA ConductedCHNAConductedYr | Take Into Account Others InputTakeIntoAccountOthersInputInd | CHNA Conducted With Other FcltsCHNAConductedWithOtherFcltsInd | CHNA Conducted With Non FcltsCHNAConductedWithNonFcltsInd | CHNA Report Widely AvailableCHNAReportWidelyAvailableInd | Rpt Available On Own WebsiteRptAvailableOnOwnWebsiteInd | Own Website URLOwnWebsiteURLTxt | Paper Copy Public InspectionPaperCopyPublicInspectionInd | Implementation Strategy AdoptImplementationStrategyAdoptInd | Implementation Strategy AdptImplementationStrategyAdptYr | Strategy Posted WebsiteStrategyPostedWebsiteInd | Strategy Website URLStrategyWebsiteURLTxt | Organization Incur Excise TaxOrganizationIncurExciseTaxInd | Elig Criteria ExplainedEligCriteriaExplainedInd | FPG Family Incm Lmt Free DscntFPGFamilyIncmLmtFreeDscntInd | FPG Family Incm Lmt Free CareFPGFamilyIncmLmtFreeCarePct | FPG Family Incm Lmt Dscnt CareFPGFamilyIncmLmtDscntCarePct | Underinsurance Stat CriteriaUnderinsuranceStatCriteriaInd | Explained BasisExplainedBasisInd | App Financial Asst ExplnAppFinancialAsstExplnInd | Described InfoDescribedInfoInd | Described Suprt DocDescribedSuprtDocInd | Provided Hospital ContactProvidedHospitalContactInd | Includes Publicity MeasuresIncludesPublicityMeasuresInd | FAP Available On WebsiteFAPAvailableOnWebsiteInd | FAP Available On Website URLFAPAvailableOnWebsiteURLTxt | FAP App Available On WebsiteFAPAppAvailableOnWebsiteInd | FAP App Available On Website URLFAPAppAvailableOnWebsiteURLTxt | FAP Summary On WebsiteFAPSummaryOnWebsiteInd | FAP Summary On Website URLFAPSummaryOnWebsiteURLTxt | FAP Avlbl On Request No ChargeFAPAvlblOnRequestNoChargeInd | FAP App Avlbl On Request No ChrgFAPAppAvlblOnRequestNoChrgInd | FAP Sum Avlbl On Request No ChrgFAPSumAvlblOnRequestNoChrgInd | Notified FAP Copy Bill DisplayNotifiedFAPCopyBillDisplayInd | Communtity Notified FAPCommuntityNotifiedFAPInd | FAP TranslatedFAPTranslatedInd | FAP Actions On NonpaymentFAPActionsOnNonpaymentInd | Collection ActivitiesCollectionActivitiesInd | Provided Written NoticeProvidedWrittenNoticeInd | Made Effort Orally NotifyMadeEffortOrallyNotifyInd | Processed FAP ApplicationProcessedFAPApplicationInd | Made Presumptive Elig DetermMadePresumptiveEligDetermInd | Nondis Emergency Care PolicyNondisEmergencyCarePolicyInd | Look Back Medicare PrivateLookBackMedicarePrivateInd | Amounts Generally BilledAmountsGenerallyBilledInd | Gross ChargesGrossChargesInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THE VALLEY HOSPITAL | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 1 | 0 | 0 | Yes (1) | Yes (X) | Yes (X) | Yes (X) | Yes (X) | Yes (X) | Yes (X) | Yes (X) | Yes (X) | Yes (X) | 19 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | Yes (X) | WWW.VALLEYHEALTH.COM/SERVICES/COMMUNITY-HEALTH | Yes (X) | Yes (1) | 19 | Yes (1) | WWW.VALLEYHEALTH.COM/SERVICES/COMMUNITY-HEALTH | 0 | Yes (1) | Yes (X) | 200.000000000000 | 500.000000000000 | Yes (X) | Yes (1) | Yes (1) | Yes (X) | Yes (X) | Yes (X) | Yes (1) | Yes (X) | WWW.VALLEYHEALTH.COM/BILLING-INSURANCE/FINANCIAL-ASSISTANCE | Yes (X) | WWW.VALLEYHEALTH.COM/BILLING-INSURANCE/FINANCIAL-ASSISTANCE | Yes (X) | WWW.VALLEYHEALTH.COM/BILLING-INSURANCE/FINANCIAL-ASSISTANCE | Yes (X) | Yes (X) | Yes (X) | Yes (X) | Yes (X) | Yes (X) | Yes (1) | Yes (1) | Yes (X) | Yes (X) | Yes (X) | Yes (X) | Yes (1) | Yes (X) | 0 | 0 |
| (no name) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||
Supplemental Information SupplementalInformationGrp (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| THE VALLEY HOSPITAL | PART V, SECTION B, LINE 6A: THE HOSPITAL'S CHNA WAS COMPLETED WITH THE FOLLOWING OTHER HOSPITAL FACILITIES: CHRISTIAN HEALTH CARE CENTER (RAMAPO RIDGE PSYCHIATRIC HOSPITAL), ENGLEWOOD HOSPITAL AND MEDICAL CENTER, HACKENSACK UNIVERSITY MEDICAL CENTER, HACKENSACKUMC AT PASCACK VALLEY AND HOLY NAME MEDICAL CENTER. |
| THE VALLEY HOSPITAL | PART V, SECTION B, LINE 6B: THE HOSPITAL'S CHNA WAS ALSO COMPLETED WITH THE COMMUNITY HEALTH IMPROVEMENT PARTNERSHIP OF BERGEN COUNTY AND THE DEPARTMENT OF HEALTH. |
| THE VALLEY HOSPITAL | PART V, SECTION B, LINE 11: THE VALLEY HOSPITAL CHNA IDENTIFIED EIGHTEEN (18) AREAS OF OPPORTUNITY. THESE AREAS WERE DETERMINED AFTER CONSIDERATION OF VARIOUS CRITERIA, INCLUDING: STANDING IN COMPARISON WITH BENCHMARK DATA (PARTICULARLY NATIONAL DATA); THE PREPONDERANCE OF SIGNIFICANT FINDINGS WITHIN TOPIC AREAS; THE MAGNITUDE OF THE ISSUE IN TERMS OF THE NUMBER OF PERSONS AFFECTED; AND THE POTENTIAL HEALTH IMPACT OF A GIVEN ISSUE. WE WILL BE ADDRESSING 16 OF THE 18 AREAS BY:- IMPROVE HEALTH STATUS THROUGH CHRONIC DISEASE AND CARE MANAGEMENT.- CONTINUE TO OFFER COMMUNITY CARE CLINIC- EXPAND REACH TO UNDERSERVED AND SPECIAL POPULATIONS- EXPAND PRIMARY AND PREVENTATIVE CARE, AND ENHANCE ACCESS AND CONVENIENCE OF PROVIDER SERVICES.- CONTINUE TO OFFER PROGRAMS, SERVICES AND SUPPORT GROUPS TO PROMOTE POSITIVE MENTAL HEALTH AND PREVENT SUBSTANCE ABUSE- INCREASE ACCESS TO IMMUNIZATIONS AND REDUCE INFECTIOUS DISEASETHE TWO AREAS NOT COVERED ARE CHILDREN'S DENTAL CARE AND CHILDREN'S PHYSICAL ACTIVITY. THEY WILL NOT BE ADDRESSED BECAUSE:CHILDREN'S DENTAL CARE- HOSPITAL DOES NOT HAVE THE EXPERTISE TO EFFECTIVELY ADDRESS CHILDREN'S DENTAL CARE. ISSUE IS NOT A PRIORITY FOR COMMUNITY MEMBERS AND THEREFORE APPROACH IS UNLIKELY TO SUCCEED. NEED IS NOT AS PRESSING AS OTHER PROBLEMS.CHILDREN'S PHYSICAL ACTIVITY INITIATIVES ARE INCLUDED IN OUR EFFORTS TO IMPROVE HEALTH STATUS HOWEVER WE CHOSE TO ADDRESS ACTIVITY INITIATIVES FOR ALL AGE LEVELS, NOT SPECIFICALLY CHILDREN ONLY. |
| SCHEDULE H, PART V, SECTION B, LINE 5: | THE HOSPITAL FACILITY TOOK INTO ACCOUNT INPUT FROM PERSONS WHO REPRESENT THE COMMUNITY BY ENGAGING INDIVIDUALS ACROSS BERGEN COUNTY TO PARTICIPATE IN THE ASSESSMENT AND PLANNING PROCESS. REPRESENTATIVES FROM HEALTH AND SOCIAL SERVICE PROVIDERS; COUNTY LEADERSHIP AND STAFF; FAITH LEADERS; COMMUNITY RESIDENTS; HOSPITAL LEADERSHIP, CLINICIANS AND STAFF; COMMUNITY AND PUBLIC HEALTH OFFICIALS; AND COMMUNITY ORGANIZERS AND ADVOCATES PARTICIPATED IN THE PROCESS. EACH REPRESENTATIVE ORGANIZATION ON THE STEERING COMMITTEE SUBMITTED A LIST OF KEY INFORMANTS THAT COULD PROVIDE A DEEP AND BROAD PERSPECTIVE ON THE HEALTH-RELATED NEEDS OF THE COUNTY AND BECAUSE OF THEIR ABILITY TO IDENTIFY PRIMARY CONCERNS OF THE POPULATIONS WITH WHOM THEY WORK. KEY INFORMANT INTERVIEWS WERE CONDUCTED WITH APPROXIMATELY 80 COMMUNITY STAKEHOLDERS THROUGHOUT THE COUNTY. THE INTERVIEWS CONFIRMED AND/OR REFINED THE FINDINGS FROM QUANTITATIVE DATA SOURCES AND PROVIDED VALUABLE INSIGHT ON COMMUNITY NEED, COMMUNITY HEALTH PRIORITIES, SEGMENTS OF THE POPULATION MOST AT-RISK AND COMMUNITY HEALTH ASSETS. TO FURTHER-ENGAGE COMMUNITY RESIDENTS AND STAKEHOLDERS, INCLUDING SEGMENTS THAT ARE TYPICALLY HARD TO REACH, A MAIL-BASED RANDOM HOUSEHOLD SURVEY WAS DISTRIBUTED TO MORE THAN 4,000 RANDOMLY IDENTIFIED HOUSEHOLDS IN THE COUNTY. IN ALL, 1,372 COMMUNITY RESIDENTS RESPONDED TO THE SURVEY.THE FOLLOWING INDIVIDUALS WERE CONSULTED:- SUE DEBIAK, DIVISION DIRECTOR, OFFICE OF ALCOHOL AND DRUG DEPENDENCY, BERGEN COUNTY DEPARTMENT OF HEALTH SERVICES- SUSAN DEVLIN, ASSOCIATE EXECUTIVE DIRECTOR, COMPREHENSIVE BEHAVIORAL HEALTH CARE- MICHELLE HART LOUGHLIN, DIRECTOR, DIVISION OF MENTAL HEALTH SERVICES, BERGEN COUNTY DEPARTMENT OF HEALTH SERVICES- CAROLYN DEBOER, DIRECTOR OF CORPORATION PLANNING, PARTNERSHIP FOR MATERNAL AND CHILD HEALTH- THOMAS DEMAIO, PRINCIPAL, PASCACK VALLEY HIGH SCHOOL- ELLEN ELIAS, SENIOR VICE PRESIDENT OF PREVENTION AND COMMUNITY SERVICES, CHILDREN'S AID AND FAMILY SERVICES- MARIAM GERGES, DIRECTOR OF SCHOOL BASED HEALTH SERVICES, DWIGHT MORROW ZONE, BERGEN FAMILY CENTER- WENDY LAMPARELLI, SCHOOL NURSE, HACKENSACK SCHOOL DISTRICT- ILLISE ZIMMERMAN, CEO, PARTNERSHIP FOR MATERNAL AND CHILD HEALTH- GARY BUCHHEISTER, DIRECTOR OF RECREATION, WESTWOOD RECREATION DEPARTMENT- DR. STEVEN CLARKE, DIRECTOR, WYCKOFF BOARD OF HEALTH- ROBERT ESPOSITO, DIRECTOR, BERGEN COUNTY DIVISION OF COMMUNITY DEVELOPMENT- KEN KATTER, HEALTH OFFICER, TOWNSHIP OF TEANECK- DANIEL KOTKIN, DIVISION OF DISABILITY SERVICES, BERGEN COUNTY DEPARTMENT OF HEALTH SERVICES- DARLENE REVEILLE, PUBLIC HEALTH NURSE, CITY OF GARFIELD- KAREN WOLUJEWICZ, ASSISTANT HEALTH OFFICER, BERGEN COUNTY DEPARTMENT OF HEALTH SERVICES- ANN GUILLORY, CHAIRWOMAN OF HEALTH AND HUMAN SERVICES COMMITTEE, BERGEN COUNTY LINKS- JAE CHUN, HEALTH INSURANCE AGENT/INTERPRETER- BIANCA MAYES, HEALTH AND WELLNESS COORDINATOR, GARDEN STATE EQUALITY- JEANNE MARTIN, EXECUTIVE DIRECTOR, MEALS ON WHEELS NORTH JERSEY- JACLYN PADOVANO, REGISTERED DIETICIAN, SHOPRITE OF HILLSDALE- JAMIE PEPPER, REGISTERED DIETICIAN, SHOPRITE OF NORTHVALE- KEVIN BRENDLEN, VICE PRESIDENT OF STRATEGIC PARTNERSHIPS, VAN DYK HEALTH CARE- SUSAN CRANDALL, BERGEN COUNTY CANCER EDUCATION AND EARLY DETECTION (CEED) PROGRAM COORDINATOR, BERGEN COUNTY DEPARTMENT OF HEALTH SERVICES- CAROL SILVER ELLIOTT, CEO/PRESIDENT, JEWISH HOME FAMILY- KIMBERLY GITTINES, HEALTH SYSTEM MANAGER, AMERICAN CANCER SOCIETY- AMANDA MISSEY, PRESIDENT/CEO, BERGEN VOLUNTEER MEDICAL INITIATIVE- KATHY NUGENT, DIRECTOR OF REGIONAL PROGRAMS, CANCERCARE- DR. FLORDELIZ PANEM, CHIEF MEDICAL OFFICER, NORTH HUDSON COMMUNITY ACTION- ELIZABETH DAVIS, EXECUTIVE DIRECTOR, SENIOR HOUSING SERVICES- JULIA ORLANDO, DIRECTOR, BERGEN COUNTY HOUSING AUTHORITY- SUE ULLRICH, PROGRAM DIRECTOR, RIDGECREST APARTMENTS- LT. JAY HUTCHINSON, WESTWOOD POLICE DEPARTMENT- LISA BONTEMPS, PROGRAM MANAGER, WESTWOOD FOR ALL AGES- SHEILA BROGAN, MIDLAND PARK SENIOR CENTER AND AGE-FRIENDLY RIDGEWOOD- BRIANNA GREENBERG, CASE MANAGER, BERGEN COUNTY DIVISION OF SENIOR SERVICES- JANET SHARMA, PROJECT COORDINATOR, AGE FRIENDLY ENGLEWOOD- JOAN CAMPANELLI, SENIOR SERVICES, BERGEN COUNTY DIVISION OF SENIOR SERVICES- KAARIN VARON, PROGRAM OFFICER, THE RUSSELL BERRIE FOUNDATION- REV. MACK BRANDON, METROPOLITAN CHURCH- KATE DUGGAN, EXECUTIVE DIRECTOR, FAMILY PROMISE OF RIDGEWOOD- JOAN QUIGLEY, PRESIDENT/CEO, NORTH HUDSON COMMUNITY ACTION CORPORATION- DENISE VOLLKOMMER, EXECUTIVE DIRECTOR, SOCIAL SERVICE ASSOCIATION OF RIDGEWOOD AND VICINITYBERGEN NEW BRIDGE MEDICAL CENTER- SENIOR LEADERSHIP TEAM (GROUP INTERVIEW WITH APPROXIMATELY 12 ATTENDEES)- DR. RAJASHREE KANTHA, PHYSICIAN- ADRIENNE MARIANO, DIRECTOR OF BEHAVIORAL HEALTH SERVICES- DEBORAH VISCONI, PRESIDENT/CEOENGLEWOOD HEALTH- DR. STEPHEN BRUNNQUELL, PRESIDENT, ENGLEWOOD HEALTH PHYSICIANS NETWORK- DR. HILLARY COHEN, VICE PRESIDENT OF MEDICAL AFFAIRS- KATHY KAMINSKY, SENIOR VICE PRESIDENT, CHIEF POPULATION HEALTH OFFICER, CHIEF NURSING OFFICER- RICHARD LERNER, BOARD OF TRUSTEES- DR. ANNE PARK, DIRECTOR OF COMMUNITY HEALTH- THOMAS SENTER, CHAIRMAN OF THE BOARD- RICHARD SPOSA, DIRECTOR OF EMERGENCY MEDICAL SERVICES- JOANN VENEZIA, PROGRAM DIRECTOR OF BEHAVIORAL HEALTH SERVICESHACKENSACK MERIDIAN HEALTH PASCACK VALLEY MEDICAL CENTER- DR. ERIC AVEZZANO, GASTROENTEROLOGY- DAWN DEPALMA, MANAGER OF PATIENT EXPERIENCE- DR. EDWARD GOLD, INTERNAL MEDICINE- ANA MARIA RESTREPO, DIRECTOR OF THE EMERGENCY SERVICESHACKENSACK UNIVERSITY MEDICAL CENTER- CLINICAL AND DEPARTMENT LEADERSHIP (GROUP MEETING WITH APPROXIMATELY 20 ATTENDEES)HOLY NAME MEDICAL CENTER- KYUNG HEE CHOI, VP OF ASIAN HEALTH SERVICES- DR. CLENTON COLEMAN, INTERNAL MEDICINE- REKHA NANDWANI, PROGRAM MANAGER, INDIAN MEDICAL PROGRAM- EDWARD TORRES, ADMINISTRATIVE DIRECTOR OF LABORATORY SERVICES- ANNA WANG, MANAGER OF COMMUNITY PROGRAMS, ASIAN HEALTH SERVICESRAMAPO RIDGE PSYCHIATRIC HOSPITAL- CLINICAL AND DEPARTMENT LEADERSHIP (GROUP MEETING WITH APPROXIMATELY 10 ATTENDEES)THE VALLEY HOSPITAL- DR. GEORGE BECKER, MEDICAL DIRECTOR, EMERGENCY DEPARTMENT- LAFE BUSH, DIRECTOR OF EMERGENCY SERVICES- TONI MODAK, DIRECTOR OF POPULATION HEALTH, VALLEY HEALTH SYSTEM- DIANE TEDESCHI, DIRECTOR OF COMMUNITY CARE CLINIC |
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 6A: | THE HOSPITAL PREPARES AN ANNUAL COMMUNITY BENEFIT REPORT WHICH IS MAILED TO OUR SERVICE AREA. COMMUNITY BENEFIT STATISTICS ARE ALSO REPORTED AT OUR ANNUAL MEETING, WHICH IS OPEN TO THE PUBLIC. IN ADDITION, THE COMMUNITY BENEFIT REPORT IS ALSO POSTED ON THE HOSPITAL'S WEBSITE. |
| PART I, LINE 7: | THE COST TO CHARGE RATIO USED TO CALCULATE THE AMOUNTS IN THE TABLE WAS DERIVED FROM WORKSHEET 2, RATIO OF PATIENT CARE COST-TO-CHARGES. |
| PART I, LINE 7G: | THERE ARE NO SUBSIDIZED HEALTH SERVICES WHICH ARE ATTRIBUTABLE TO A PHYSICIAN CLINIC. COSTS INCLUDED REPRESENT MEDICATION AND TRANSPORTATION FOR INDIGENT PATIENTS. |
| PART II, COMMUNITY BUILDING ACTIVITIES: | SEE STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS |
| PART III, LINE 2: | THIS IS THE TOTAL BAD DEBT EXPENSE FOR THE HOSPITAL DISCOUNTED BY THE RATIO OF PATIENT CARE COST TO CHARGES. |
| PART III, LINE 3: | THIS IS THE TOTAL BAD DEBT EXPENSE FOR PATIENTS ELIGIBLE FOR FINANCIAL ASSISTANCE DISCOUNT BY THE RATIO OF PATIENT CARE COST TO CHARGES. |
| PART III, LINE 4: | NET PATIENT SERVICE REVENUES ARE RECOGNIZED AT THE AMOUNT THAT REFLECTS THE CONSIDERATION TO WHICH THE ORGANIZATION EXPECTS TO BE ENTITLED IN EXCHANGE FOR PROVIDING PATIENT CARE. THESE AMOUNTS ARE DUE FROM PATIENTS, THIRD-PARTY PAYORS (INCLUDING COMMERCIAL AND GOVERNMENTAL PROGRAMS) AND OTHERS AND INCLUDES VARIABLE CONSIDERATION FOR RETROACTIVE REVENUE ADJUSTMENTS DUE TO SETTLEMENT OF AUDITS, REVIEWS AND INVESTIGATIONS. GENERALLY, THE ORGANIZATION BILLS THE PATIENTS AND THIRD-PARTY PAYORS SEVERAL DAYS AFTER THE SERVICES ARE PERFORMED AND/OR THE PATIENT IS DISCHARGED FROM THE FACILITY. REVENUES ARE RECOGNIZED AS PERFORMANCE OBLIGATIONS ARE SATISFIED.PERFORMANCE OBLIGATIONS ARE DETERMINED BASED ON THE NATURE OF THE SERVICES PROVIDED BY THE ORGANIZATION. REVENUES FOR PERFORMANCE OBLIGATIONS SATISFIED OVER TIME IS RECOGNIZED BASED ON ACTUAL SERVICES INCURRED IN RELATION TO TOTAL EXPECTED (OR ACTUAL) PAYMENTS. THE ORGANIZATION BELIEVES THAT THIS METHOD PROVIDES A FAITHFUL DEPICTION OF THE TRANSFER OF SERVICES OVER THE TERM OF THE PERFORMANCE OBLIGATION BASED ON THE INPUTS NEEDED TO SATISFY THE OBLIGATION. GENERALLY, PERFORMANCE OBLIGATIONS SATISFIED OVER TIME RELATE TO PATIENTS IN THE ORGANIZATION RECEIVING INPATIENT ACUTE CARE SERVICES. THE ORGANIZATION MEASURES THE PERFORMANCE OBLIGATION FROM ADMISSION INTO THE FACILITY TO THE POINT WHEN IT IS NO LONGER REQUIRED TO PROVIDE SERVICES TO THAT PATIENT, WHICH IS GENERALLY AT THE TIME OF DISCHARGE. REVENUES FOR PERFORMANCE OBLIGATIONS SATISFIED AT A POINT IN TIME ARE RECOGNIZED WHEN SERVICES ARE PROVIDED AND THE ORGANIZATION DOES NOT BELIEVE IT IS REQUIRED TO PROVIDE ADDITIONAL SERVICES TO THE PATIENT.GENERALLY, BECAUSE ALL THE ORGANIZATION'S PERFORMANCE OBLIGATIONS RELATE TO CONTRACTS WITH A DURATION OF LESS THAN ONE YEAR, THE ORGANIZATION HAS ELECTED TO APPLY THE OPTIONAL EXEMPTION PROVIDED IN ACCOUNTING STANDARD CODIFICATION (ASC) 606-10-50-14(A) AND, THEREFORE, THE ORGANIZATION IS NOT REQUIRED TO DISCLOSE THE AGGREGATE AMOUNT OF THE TRANSACTION PRICE ALLOCATED TO PERFORMANCE OBLIGATIONS THAT ARE UNSATISFIED OR PARTIALLY UNSATISFIED AT THE END OF THE REPORTING PERIOD. THE UNSATISFIED OR PARTIALLY UNSATISFIED PERFORMANCE OBLIGATIONS REFERRED TO ABOVE ARE PRIMARILY RELATED TO INPATIENT ACUTE CARE SERVICES AT THE END OF THE REPORTING PERIOD. THE PERFORMANCE OBLIGATIONS FOR THESE CONTRACTS ARE GENERALLY COMPLETED WHEN THE PATIENTS ARE DISCHARGED, WHICH GENERALLY OCCURS WITHIN DAYS OR WEEKS OF THE END OF THE REPORTING PERIOD. THE ORGANIZATION DETERMINES THE TRANSACTION PRICE BASED ON STANDARD CHARGES FOR SERVICES PROVIDED, REDUCED BY CONTRACTUAL ADJUSTMENTS PROVIDED TO THIRD-PARTY PAYORS, DISCOUNTS PROVIDED TO UNINSURED PATIENTS IN ACCORDANCE WITH THE ORGANIZATION'S POLICY AND/OR IMPLICIT PRICE CONCESSIONS PROVIDED TO UNINSURED PATIENTS. THE ORGANIZATION DETERMINES ITS ESTIMATES OF CONTRACTUAL ADJUSTMENTS AND DISCOUNTS BASED ON CONTRACTUAL AGREEMENTS, ITS DISCOUNT POLICIES AND HISTORICAL EXPERIENCE. THE ORGANIZATION DETERMINES ITS ESTIMATE OF IMPLICIT PRICE CONCESSIONS BASED ON ITS HISTORICAL COLLECTION EXPERIENCE WITH THIS CLASS OF PATIENTS. |
| PART III, LINE 8: | IN ADDITION TO CHARITY CARE, BAD DEBT, AND THE TREATMENT OF FINANCIALLY NEEDY PATIENTS UNDER THE MEDICAID PROGRAM, THE HOSPITAL PROVIDES SERVICES TO ELDERLY AND DISABLED PATIENTS COVERED UNDER THE MEDICARE PROGRAM REGARDLESS OF INCOME. THE UNPAID COSTS ATTRIBUTED TO PROVIDING CARE UNDER THIS PROGRAM, AND THUS CONSIDERED A COMMUNITY BENEFIT, WERE ESTIMATED AT $78.7 MILLION. |
| PART III, LINE 9B: | WHEN A PATIENT MAY QUALIFY FOR CHARITY CARE OR FINANCIAL ASSISTANCE, OUR SYSTEM IS SET UP TO STOP SENDING STATEMENTS TO PREVENT THEM FROM GOING TO A COLLECTION AGENCY. WE ALSO HAVE THE ABILITY TO MANUALLY PUT AN ACCOUNT ON HOLD TO AVOID COLLECTION ACTIVITY AS WELL. |
| PART VI, LINE 2: | HOSPITAL STAFF REVIEWS ALL THE DISCHARGE DATA FROM THE STATE DOHSS TO DETERMINE WHAT THE MAJOR HEALTH ISSUES ARE IN THE COMMUNITY. WE LOOK AT DISEASE SPECIFIC INCIDENCE RATES IN OUR COMMUNITY AND DEVELOP FORECASTS FOR WHAT HEALTH ISSUES ARE PROJECTED TO PLAGUE THE POPULATION IN THE FUTURE. WE REVIEW CENSUS DATA TO MONITOR DEMOGRAPHIC SHIFTS AND WE CONDUCT QUALITATIVE RESEARCH (FOCUS GROUPS) TO ASSESS COMMUNITY FEEDBACK TO NEW PROGRAMS AND SERVICES. WE DEVELOP OUR CORE SERVICES AROUND THE MAJOR HEALTH ISSUES IN THE COMMUNITY - THUS, THEY ARE MOSTLY IN THE AREA OF HEART AND VASCULAR DISEASE, ONCOLOGY (MEDICAL AND SURGICAL), NEUROLOGY (STROKE) AND WOMEN'S AND CHILDREN'S SERVICES (OB, NICU, PICU, MFM AND IVF). |
| PART VI, LINE 3: | SIGNS ARE POSTED AT EVERY REGISTRATION AREA. INFORMATION REGARDING FINANCIAL SCREENING IS POSTED ON THE HOSPITAL'S WEBSITE FOR CHARITY CARE AS WELL AS THE UNINSURED DISCOUNT POLICY. PATIENTS CAN PRINT APPLICATIONS AND REQUIREMENTS FROM THE WEBSITE. THE HOSPITAL'S STATEMENTS CONTAIN INFORMATION ALERTING PATIENTS OF FINANCIAL ASSISTANCE. THE HOSPITAL'S HANDBOOKS EXPLAIN FINANCIAL OPTIONS WHICH INCLUDE INFORMATION OF STATE ASSISTANCE, DISCOUNT POLICY AND ANY OTHER TYPE OF FINANCIAL ARRANGEMENT. |
| PART VI, LINE 4: | THE PRIMARY AND SECONDARY SERVICE AREA OF THE VALLEY HOSPITAL IS COMPOSED OF 32 TOWNS IN NORTHWEST BERGEN AND PASSAIC COUNTIES. THESE COMMUNITIES ACCOUNT FOR 70% OF ALL OUR DISCHARGES. THE POPULATION IS 440,000 PEOPLE. |
| PART VI, LINE 5: | RENEWAL, WHICH IS BEING EVALUATED, IS ALL ABOUT MEETING THE HEALTH CARE NEEDS OF OUR COMMUNITY. THE OLDEST BUILDING ON THE CAMPUS, PHILLIPS, WAS CONSTRUCTED IN 1960. IT HOUSES OVER 250 BEDS, MOST OF WHICH ARE IN SMALL, OUTDATED, SEMI-PRIVATE ROOMS. THE PHYSICAL STRUCTURE CAN NO LONGER ACCOMMODATE THE EQUIPMENT AND TECHNOLOGY NEEDED TO DELIVER CARE, THUS OUR PLANS TO RENEW OUR CAMPUS ARE BASED IN OUR MISSION TO PROVIDE THE BEST QUALITY CARE TO THE RESIDENTS OF OUR COMMUNITY. WHEN WE BUILT THE LUCKOW PAVILION IN PARAMUS, WE DID RESEARCH THAT INDICATED THE BEST WAY TO DELIVER CARE TO CANCER PATIENTS WAS TO LOCATE ALL SERVICES INTO ONE BUILDING. THIS NOT ONLY PROVIDES A SERVICE TO THE PATIENT, IT IS GOOD MEDICINE AS THE MEDICAL ONCOLOGISTS, SURGICAL ONCOLOGISTS AND RADIATION ONCOLOGISTS CAN CONSULT EACH OTHER TO ENSURE THAT THE PATIENT IS RECEIVING THE MOST APPROPRIATE TREATMENT. WE BUILT THE AMBULATORY SURGERY CENTER TO ADAPT TO THE CHANGING PRACTICE OF PERFORMING SURGERY ON A SAME DAY BASIS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (17 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| VALLEY PHYSICIAN SERVICES INC | ||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 320041186 | 501(C)(3) | $86,660,239 | $0 | GENERAL SUPPORT |
| VALLEY HEALTH SYSTEM | ||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 222922016 | 501(C)(3) | $2,245,605 | $0 | GENERAL SUPPORT |
| BOROUGH OF PARAMUS | ||||||||
| JOCKISH SQUARE | PARAMUS | NJ | 07652 | 226002186 | BOROUGH OF PARAMUS | $55,000 | $0 | GENERAL SUPPORT |
| BERGEN VOLUNTEER MEDICAL INITIATIVE | ||||||||
| 75 ESSEX STREET | HACKENSACK | NJ | 07692 | 202633437 | 501(C)(3) | $32,500 | $0 | GENERAL SUPPORT |
| FAMILY PROMISE OF BERGEN COUNTY | ||||||||
| 100 DAYTON STREET | RIDGEWOOD | NJ | 07450 | 222853599 | 501(C)(3) | $20,000 | $0 | GENERAL SUPPORT |
| PONY POWER THERAPIES INC | ||||||||
| 1170 RAMAPO VALLEY ROAD | MAHWAH | NJ | 07430 | 203210841 | 501(C)(3) | $17,500 | $0 | GENERAL SUPPORT |
| MAHWAH REGIONAL CHAMBER OF COMMERCE INC | ||||||||
| ONE INTERNATIONAL BOULEVARD | MAHWAH | NJ | 07495 | 223145589 | 501(C)(6) | $10,525 | $0 | GENERAL SUPPORT |
| CHILDREN'S AID & FAMILY SERVICES INC | ||||||||
| 200 ROBIN ROAD | PARAMUS | NJ | 07652 | 221487147 | 501(C)(3) | $9,000 | $0 | GENERAL SUPPORT |
| WEST BERGEN MENTAL HEALTH INC | ||||||||
| 120 CHESTNUT STREET | RIDGEWOOD | NJ | 07450 | 221736531 | 501(C)(3) | $8,000 | $0 | GENERAL SUPPORT |
| SHARING NETWORK FOUNDATION INC | ||||||||
| 691 CENTRAL AVENUE | NEW PROVIDENCE | NJ | 07974 | 202737719 | 501(C)(3) | $7,500 | $0 | GENERAL SUPPORT |
| BERGEN VOLUNTEER CENTER | ||||||||
| 64 PASSAIC STREET | HACKENSACK | NJ | 07601 | 221821282 | 501(C)(3) | $7,000 | $0 | GENERAL SUPPORT |
| ADLER APHASIA CENTER | ||||||||
| 60 WEST HUNTER AVENUE | MAYWOOD | NJ | 07607 | 020687863 | 501(C)(3) | $6,750 | $0 | GENERAL SUPPORT |
| CANCER CARE INC | ||||||||
| 275 7TH AVENUE | NEW YORK | NY | 10001 | 131825919 | 501(C)(3) | $6,000 | $0 | GENERAL SUPPORT |
| AMERICAN CANCER SOCIETY | ||||||||
| PO BOX P | MANASQUAN | NJ | 08736 | 131788491 | 501(C)(3) | $6,000 | $0 | GENERAL SUPPORT |
| COMMUNITY MEALS INC | ||||||||
| 105 COTTAGE PLACE | RIDGEWOOD | NJ | 07450 | 221976783 | 501(C)(3) | $6,000 | $0 | GENERAL SUPPORT |
| RIDGEWOOD YMCA | ||||||||
| 55 N BROAD STREET | RIDGEWOOD | NJ | 07450 | 221508752 | 501(C)(3) | $6,000 | $0 | GENERAL SUPPORT |
| CHRISTIAN HEALTH CARE CENTER | ||||||||
| 301 SICOMAC AVENUE | WYCKOFF | NJ | 07481 | 221546163 | 501(C)(3) | $5,500 | $0 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 16 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD KENNAN | ||||||||||||||
| FORMER SENIOR VP FINANCE/CFO | $0 | $0 | $0 | $0 | $0 | $4,692,143 | $0 | $0 | $0 | $0 | $0 | $4,692,143 | $0 | $4,692,143 |
| AUDREY MEYERS | ||||||||||||||
| PRESIDENT & CEO, VHS | $0 | $1,165,777 | $0 | $450,000 | $0 | $99,444 | $0 | $21,750 | $0 | $24,786 | $0 | $1,761,757 | $0 | $0 |
| WILLIAM KLUTKOWSKI | ||||||||||||||
| SR. VP, FINANCE & CFO | $0 | $489,691 | $0 | $95,000 | $0 | $124,709 | $0 | $20,300 | $0 | $33,802 | $0 | $763,502 | $0 | $0 |
| JOSEPH YALLOWITZ | ||||||||||||||
| VP & CHIEF MEDICAL OFFICER | $458,153 | $0 | $105,000 | $0 | $115,306 | $0 | $14,500 | $0 | $33,802 | $0 | $726,761 | $0 | $0 | $0 |
| DAVID BOHAN | ||||||||||||||
| VP & CHIEF DEVELOPMENT OFFICER | $355,001 | $0 | $90,000 | $0 | $74,078 | $0 | $14,500 | $0 | $22,843 | $0 | $556,422 | $0 | $0 | $0 |
| KARTEEK BHAVSAR | ||||||||||||||
| VP, ADMINISTRATION | $349,766 | $0 | $85,000 | $0 | $74,728 | $0 | $18,850 | $0 | $2,750 | $0 | $531,094 | $0 | $0 | $0 |
| JULIA KARCHER | ||||||||||||||
| VP, ADMINISTRATION | $227,438 | $84,813 | $80,000 | $0 | $64,091 | $19,502 | $16,065 | $5,985 | $15,185 | $5,595 | $402,779 | $115,895 | $0 | $0 |
| ANN MARIE LEICHMAN | ||||||||||||||
| SR. VP/CNO, PATIENT CARE SVCS | $269,718 | $0 | $105,040 | $0 | $54,395 | $0 | $17,050 | $0 | $14,768 | $0 | $460,971 | $0 | $0 | $0 |
| CHARLES VANNOY | ||||||||||||||
| VP/CNO, PATIENT CARE SVCS | $276,214 | $0 | $41,700 | $0 | $21,646 | $0 | $18,850 | $0 | $22,346 | $0 | $380,756 | $0 | $0 | $0 |
| JULIE LO | ||||||||||||||
| CHIEF PHYSICIST | $300,308 | $0 | $6,237 | $0 | $1,007 | $0 | $15,950 | $0 | $19,258 | $0 | $342,760 | $0 | $0 | $0 |
| BETTYANN KEMPIN | ||||||||||||||
| AVP, ONCOLOGY | $250,701 | $0 | $41,027 | $0 | $1,966 | $0 | $21,750 | $0 | $24,579 | $0 | $340,023 | $0 | $0 | $0 |
| BRAD HASPEL | ||||||||||||||
| AVP, ANCILLARY SERVICES | $235,474 | $0 | $36,831 | $0 | $24,669 | $0 | $15,911 | $0 | $11,624 | $0 | $324,509 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE ORGANIZATION'S BOARD IS A SHARED BOARD WITH THE VALLEY HEALTH SYSTEM. THE VALLEY HEALTH SYSTEM HAS DEVELOPED A COMPENSATION PLAN, WHICH GOVERNS THE COMPENSATION FOR ALL EXECUTIVES, INCLUDING THE CEO AND VICE PRESIDENTS OF THE ORGANIZATION. THE PLAN WAS DEVELOPED IN CONJUNCTION WITH A CONSULTING FIRM, REVIEWED BY THE PHYSICIAN LEADERSHIP COUNCIL AND APPROVED BY THE BOARD OF TRUSTEES AND THE VALLEY HEALTH SYSTEM PHYSICIAN COMPENSATION COMMITTEE. ON AN ANNUAL BASIS, THE PLAN IS REVIEWED AND UPDATED AS NEEDED. |
| PART I, LINE 4B | RICHARD KEENAN RECEIVED A FINAL DISTRIBUTION PAYMENT FROM HIS NONQUALIFIED RETIREMENT PLAN AS REPORTED ON PART II, COLUMN BIII AND COLUMN F. THE FOLLOWING PERSONS ALSO PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THEY DID NOT RECEIVE A PAYMENT DURING 2021: - AUDREY MEYERS - ANNE MARIE LEICHMAN - WILLIAM KLUTKOWSKI - JULIA KARCHER AUDREY MEYERS, ROBIN GOLDFISCHER-HOLLANDER, AND PETER DIESTEL PARTICIPATED IN A CAP-EX (SPLIT-DOLLAR LIFE INSURANCE PLAN). THEY DID NOT RECEIVE A PAYMENT DURING 2021: SEE SCHEDULE L, PART V, FOR A BROADER DESCRIPTION OF THE ARRANGEMENT. |
| PART I, LINE 7 | EMPLOYEES OF THE ORGANIZATION RECEIVED A BOARD-APPROVED DISCRETIONARY BONUS, AWARDED BASED ON PERFORMANCE, AS REPORTED IN PART II, COLUMN B(II). |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 221987084 | BondIssuerEIN |
| CUSIP | 645790NB8 | CUSIPNum |
| Bond Issued | 2019-12-11 | BondIssuedDt |
| Issue Price | $402,437,137 | IssuePriceAmt |
| Purpose | CONSTRUCTION OF NEW HOSPITAL | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $402,511,017 | TotalProceedsAmt |
| Capitalized Interest | $22,799,829 | CapitalizedInterestAmt |
| Issuance Costs From Proceeds | $2,437,137 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $226,079,885 | CapitalExpendituresAmt |
| Unspent | $151,120,286 | UnspentAmt |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (3 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| AUDREY MEYERS | |||||||
| PRESIDENT/CEO, VHS | SEE PART V | Yes (X) | $9,071,138 | $11,223,425 | 0 | Yes (1) | Yes (1) |
| ROBIN GOLDFISCHER-HOLLANDER | |||||||
| SENIOR VP, LEGAL SERVICES | SEE PART V | Yes (X) | $3,392,128 | $4,196,971 | 0 | Yes (1) | Yes (1) |
| PETER DIESTEL | |||||||
| PRESIDENT, VHS OPERATIONS | SEE PART V | Yes (X) | $5,796,536 | $7,171,867 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $22,592,263 | TotalBalanceDueAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART II, COLUMN (C) | FormAndLineReferenceDesc |
| Explanation | THE HOSPITAL PROVIDES SUPPLEMENTAL RETIREMENT BENEFITS THROUGH AN ALTERNATIVE FUNDING ARRANGEMENT THE IRS CALLS "COLLATERAL ASSIGNMENT SPLIT DOLLAR" (CASD). ALTHOUGH THE IRS REQUIRES REPORTING IN THE LOAN SECTION OF SCHEDULE L, CASD IS NOT A LOAN BECAUSE NO FUNDS ARE TRANSFERRED TO THE EXECUTIVE. RATHER, THE "LOAN" TREATMENT APPLIES BECAUSE AFTER THE EXECUTIVE HAS RECEIVED RETIREMENT BENEFITS, THE HOSPITAL RECOVERS ALL OF ITS OUTLAYS PLUS INTEREST. THE RECOVERY RIGHT IS A KEY ADVANTAGE OF CASD FOR THE HOSPITAL. RATHER THAN PAYING RETIREMENT BENEFITS TO THE EXECUTIVE THAT WOULD NEVER BE RECOVERED, UNDER CASD THE HOSPITAL RECOVERS NOT ONLY ITS OUTLAYS BUT ALSO CONSIDERATION FOR THE TIME VALUE OF MONEY. CASD WORKS AS FOLLOWS. THE HOSPITAL DEPOSITS FUNDS INTO CASH VALUE LIFE INSURANCE POLICIES ON THE EXECUTIVE'S LIFE. DURING LIFE, TO THE EXTENT THE EXECUTIVE FULFILLS SERVICE AND VESTING REQUIREMENTS, THE EXECUTIVE CAN BORROW AGAINST THE CASH SURRENDER VALUE TO SUPPLEMENT RETIREMENT INCOME. POLICY PERFORMANCE IS CLOSELY MONITORED. IF POLICY PERFORMANCE LAGS, THE EXECUTIVE'S BORROWING RIGHTS ARE REDUCED TO PROTECT THE HOSPITAL'S RECOVERY RIGHTS. AT THE EXECUTIVE'S DEATH, THE POLICY DEATH PROCEEDS ARE FIRST USED TO REPAY THE HOSPITAL ITS DEPOSITS PLUS COMPOUNDED INTEREST (AT THE IRS LONG-TERM APPLICABLE FEDERAL RATE). THE EXECUTIVE'S BENEFICIARY THEN RECEIVES ANY PROJECTED RETIREMENT BORROWING THE EXECUTIVE DID NOT ACCESS DURING LIFE. IF DEATH HAD OCCURRED DURING THE REPORTING YEAR, ANY REMAINING DEATH PROCEEDS WOULD HAVE BEEN PAID TO THE HOSPITAL. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4A, CONTINUATION PART II | NOT ONLY HAS VALLEY ENLISTED THE SERVICES OF UBER HEALTH TO PROVIDE TRANSPORTATION FOR PATIENTS WHO QUALIFY BASED ON INCOME LEVEL, BUT VALLEY OFFERS A FREE NON-EMERGENT TRANSPORTATION SERVICE FOR PATIENTS WHO ARE UNABLE TO DRIVE OR HAVE ACCESS TO PUBLIC TRANSPORTATION. VALLEY HEALTH SYSTEM HAS ALSO PARTNERED WITH DISPATCHHEALTH, A NATIONWIDE ON-DEMAND HEALTHCARE COMPANY, TO DELIVER HIGH-QUALITY URGENT CARE TO NORTHERN NEW JERSEY RESIDENTS OF ALL AGES, IN THE COMFORT OF THEIR HOMES. DISPATCHHEALTH AND VALLEY ARE WORKING TOGETHER TO INCREASE ACCESSIBILITY TO AFFORDABLE CARE FOR SENIORS OR BUSY WORKING PARENTS, BOTH OF WHOM CAN BENEFIT FROM STAYING HOME FOR TREATMENT. IN FACT, THE MEDICAL COST FOR A DISPATCHHEALTH VISIT IS NEARLY ONE-TENTH OF THE MEDICAL COST FOR AN ER VISIT. IN 2021, DISPATCHHEALTH MADE 6,343 VISITS. THE VALLEY HOSPITAL WAS DESIGNATED A LUNG CANCER SCREENING CENTER BY THE AMERICAN COLLEGE OF RADIOLOGY (ACR). THE ACR LUNG CANCER SCREENING CENTER DESIGNATION IS A VOLUNTARY PROGRAM THAT RECOGNIZES FACILITIES THAT HAVE COMMITTED TO PRACTICE SAFE, EFFECTIVE DIAGNOSTIC CARE FOR INDIVIDUALS AT THE HIGHEST RISK FOR LUNG CANCER. IN ORDER TO RECEIVE THIS ELITE DISTINCTION, VALLEY MUST BE ACCREDITED BY THE ACR AND UNDERGO A RIGOROUS ASSESSMENT OF ITS LUNG CANCER SCREENING PROTOCOL AND INFRASTRUCTURE. ALSO REQUIRED ARE PROCEDURES IN PLACE FOR FOLLOW-UP PATIENT CARE, SUCH AS COUNSELING AND SMOKING CESSATION PROGRAMS. VALLEY WAS THE FIRST HEALTHCARE ORGANIZATION IN NEW JERSEY TO BE ACCREDITED BY THE ASSOCIATION FOR THE ACCREDITATION OF HUMAN RESEARCH PROTECTION PROGRAMS. THIS PLACES VALLEY AMONG THE MOST RESPECTED RESEARCH INSTITUTIONS IN THE WORLD. VALLEY'S CANCER PROGRAM EARNED A THREE-YEAR ACCREDITATION BY THE COMMISSION ON CANCER OF THE AMERICAN COLLEGE OF SURGEONS. ACCREDITATION IS ONLY AWARDED TO FACILITIES THAT VOLUNTARILY COMMIT TO PROVIDING THE HIGHEST QUALITY OF CANCER CARE THROUGH A PATIENT-CENTERED, MULTIDISCIPLINARY APPROACH. THE VALLEY HOSPITAL'S ENDOSCOPY DEPARTMENT RECEIVED THE AMERICAN COLLEGE OF GASTROENTEROLOGY'S 2021 SCOPY AWARD (SERVICE AWARD FOR COLORECTAL OUTREACH, PREVENTION, AND YEAR-ROUND EXCELLENCE). THIS ANNUAL AWARD RECOGNIZES THE ACHIEVEMENTS OF HEALTHCARE ORGANIZATIONS IN THEIR COMMUNITY ENGAGEMENT, EDUCATION, AND AWARENESS EFFORTS FOR COLORECTAL CANCER PREVENTION. VALLEY WAS RECOGNIZED IN THE CATEGORY OF "BEST COMMUNITY SERVICE DELIVERY AND COMPREHENSIVE COMMUNITY EDUCATION INITIATIVE BY A HEALTH SYSTEM." VALLEY WAS INVITED TO PARTICIPATE IN A PILOT PROJECT AIMED AT IMPROVING RACIAL AND ETHNIC DIVERSITY IN CANCER CLINICAL TRIALS. VALLEY WAS ONE OF 75 RESEARCH SITES NATIONWIDE TO BE SELECTED FOR THE PROJECT, A COLLABORATION OF THE AMERICAN SOCIETY OF CLINICAL ONCOLOGY (ASCO) AND THE ASSOCIATION OF COMMUNITY CANCER CENTERS (ACCC). VALLEY WILL WORK WITH OTHER RESEARCH SITES TO ESTABLISH STRATEGIES TO INCREASE PARTICIPATION IN CANCER CLINICAL TRIALS, PARTICULARLY AMONG PATIENTS FROM HISTORICALLY UNDERREPRESENTED ETHNIC AND RACIAL COMMUNITIES. VALLEY HEALTH SYSTEM WAS RE-ACCREDITED WITH THE CEO CANCER GOLD STANDARD FOR MAINTAINING A STRONG COMMITMENT TO THE HEALTH OF ITS EMPLOYEES THROUGH HEALTHY WORKPLACE INITIATIVES AND ACCESS TO QUALITY CANCER PREVENTION AND TREATMENT SERVICES. VALLEY HAS HELD CEO CANCER GOLD STANDARD ACCREDITATION SINCE 2013. IN 2021, 818 PEOPLE PARTICIPATED IN CANCER EDUCATION PROGRAMS. GYNECOLOGIC CANCERS, BREAST HEALTH/ MAMMOGRAMS, SKIN CANCER, PROSTATE, AND COLON CANCER WERE TOPICS OF INTEREST. OVER 1,700 PEOPLE ATTENDED FREE SUPPORT GROUPS OFFERED BY VALLEY IN 2021. OVER 1,400 PEOPLE ATTENDED MENTAL HEALTH AND SUBSTANCE ABUSE EDUCATION PROGRAMS ON TOPICS INCLUDING TEEN MENTAL HEALTH, BULLYING, SENIORS AND ISOLATION, VAPING, ADDICTION, AND THE EFFECTS OF COVID-19 ON MENTAL HEALTH. PROGRAMS ON RHEUMATOID, BACK PAIN, PHYSICAL THERAPY, OSTEOPOROSIS, AND JOINT PAIN HAD AN AUDIENCE OF 725 PEOPLE. VALLEY OFFERS OPPORTUNITIES FOR COMMUNITY MEMBERS TO VOLUNTEER. OVER THE PAST YEAR, OUR COMMUNITY HAS REDEFINED WHAT IT MEANS TO BE A VOLUNTEER. OUR AMAZING VOLUNTEERS STEPPED UP IN NEW WAYS TO CONTINUE TO ENGAGE WITH PATIENTS, CELEBRATE AND SUPPORT STAFF, AND SERVE OUR COMMUNITY. TO MEET THE NEEDS OF OUR COMMUNITY, VOLUNTEER RESOURCES HAS CONTINUED TO OFFER VIRTUAL VOLUNTEER OPPORTUNITIES FOR HIGH SCHOOL AND COLLEGE STUDENTS TO PROMOTE SERVICE LEARNING AND MINDFULNESS, HIGHLIGHT HEALTHCARE CAREERS, AND PROVIDE EDUCATION. THESE INNOVATIVE OPPORTUNITIES HAVE AFFORDED STUDENTS THE ABILITY TO CONTINUE THEIR VOLUNTEERISM AND MEET SCHOOL REQUIREMENTS FOR SERVICE HOURS VIRTUALLY. IN 2021, WE WERE ABLE TO WELCOME BACK VALLEY VOLUNTEERS TO AREAS THROUGHOUT THE SYSTEM. VOLUNTEERS SERVED IN KEY AREAS INCLUDING VACCINATION CLINICS, THE EMERGENCY DEPARTMENT, TRANSPORT, PET THERAPY FOR STAFF, AND ASSISTING STAFF IN OFFICES. IN 2021, WE HAD 300 VOLUNTEERS WHO SERVED APPROXIMATELY 30,000 HOURS THROUGHOUT THE SYSTEM. THE RIDGEWOOD ACADEMY FOR HEALTH PROFESSIONS (RAHP) IS A PARTNERSHIP BETWEEN VALLEY, RIDGEWOOD HIGH SCHOOL, AND BERGEN COMMUNITY COLLEGE. THIS THREE-YEAR PROGRAM BEGAN IN 2005 AND HAS GRADUATED OVER 500 STUDENTS INTERESTED IN PURSUING CAREERS IN HEALTHCARE. DURING THE STUDENT'S FIRST YEAR, TERMED THEIR "EXPLORATION YEAR," STUDENTS VISIT THREE FULL-DAY SESSIONS LEARNING ABOUT DIFFERENT DEPARTMENTS IN THE HEALTHCARE SETTING. THE SECOND YEAR CONCENTRATES ON AREAS OF INTEREST THE STUDENTS WOULD LIKE TO FURTHER INVESTIGATE. DURING THE STUDENT'S THIRD YEAR, TERMED THEIR "MENTORSHIP YEAR," STUDENTS CHOOSE ONE HEALTH-RELATED ISSUE TO EXPLORE UNDER THE GUIDANCE OF A MENTOR AND PREPARE A CAPSTONE PROJECT. VALLEY HAS ALREADY HIRED THREE NURSES, TWO SOCIAL WORKERS, AND AN ADMINISTRATOR WHO ARE ALL GRADUATES OF RAHP. FOR THE SIXTH CONSECUTIVE YEAR, VALLEY RECEIVED NATIONAL ACCOLADES FOR OUR SUSTAINABILITY PRACTICES FROM PRACTICE GREENHEALTH, THE NATION'S LEADING ORGANIZATION DEDICATED TO ENVIRONMENTAL SUSTAINABILITY IN HEALTHCARE. VALLEY RECEIVED THE GREENHEALTH ENVIRONMENTAL EXCELLENCE AWARD FOR ITS ONGOING COMMITMENT TO IMPROVING ITS ENVIRONMENTAL PERFORMANCE AND EFFORTS TO BUILD SUSTAINABILITY INTO THE HOSPITAL'S OPERATIONS. VALLEY WAS RECOGNIZED BY THE COMMERCE AND INDUSTRY ASSOCIATION OF NEW JERSEY (CIANJ) AND ITS FLAGSHIP PUBLICATION, COMMERCE MAGAZINE, FOR OUR ENVIRONMENTAL LEADERSHIP IN WASTE MINIMIZATION. VALLEY HAS A LONG-STANDING COMMITMENT TO SUSTAINABILITY AND ENVIRONMENTALLY FRIENDLY PRACTICES. DURING 2020, A MULTITUDE OF INITIATIVES WERE IMPLEMENTED TO FURTHER DECREASE OUR CARBON FOOTPRINT: -SUSTAINABLY MADE, REUSABLE PATIENT-BELONGING BAGS CONTINUE TO REPLACE SINGLE-USE PLASTIC BAGS. -VALLEY DINING SWITCHED FROM STYROFOAM PLATES AND CLAMSHELL FOOD CONTAINERS TO COMPOSTABLE PRODUCTS. -THE ADDITION OF THE SETERICYCLE CSRX CONTROLLED WASTE DISPOSAL SYSTEM ENSURES THAT INAPPROPRIATE WASTE DOES NOT ENTER THE COMMUNITY'S WATERSHED. -USING EMERALD BRAND TREE-FREE PRODUCTS SAVED 947 TREES AND 325,296 GALLONS OF WATER AND AVOIDED CREATING 102,772 POUNDS OF LANDFILL WASTE. -THE PURCHASE OF 20 REUSABLE PATIENT GROUNDING ELECTRODES IS DRASTICALLY REDUCING THE NUMBER OF DISPOSABLE GROUNDING PADS USED. -A REDUCTION IN THE NUMBER OF INSTRUMENTS IN THE SURGICAL INSTRUMENTATION TRAYS LED TO A REDUCTION IN THE AMOUNT OF WATER AND ENZYMATIC CLEANERS REQUIRED TO REPROCESS INSTRUMENTATION. VALLEY WORKS WITH OVER 70 LOCAL, SMALL BUSINESSES TO PROVIDE AN ARRAY OF SERVICES. SOME LOCAL BUSINESSES INCLUDE SERVICES FOR FURNITURE PURCHASES AND REPAIRS, TEMPORARY AND OUTDOOR SIGNAGE, MARKETING AND PRINTING MATERIALS, TRAFFIC AND SAFETY EQUIPMENT, JANITORIAL SUPPLY, HVAC AND ELECTRICAL SERVICES, AND CONSTRUCTION. THE COMPASSION FUND IS VALLEY'S WAY OF HELPING FELLOW EMPLOYEES IN SERIOUS NEED OF FINANCIAL ASSISTANCE TO PAY RENT, UTILITY BILLS, FOOD COSTS, AND OTHER EVERYDAY EXPENSES. VALLEY PROVIDED $100,000 TO LOCAL ORGANIZATIONS TO IMPROVE ACCESS AND BUILD CAPACITY THROUGH GRANTS. AN ADDITIONAL $195,838 OF CASH AND IN-KIND DONATIONS WERE GIVEN TO COMMUNITY GROUPS AND LOCAL CHARITY EVENTS TO SUPPORT ACCESS TO CARE, MENTAL HEALTH, CANCER, HEART DISEASE, AND EFFORTS TO IMPROVE NON-MEDICAL DETERMINANTS OF HEALTH. IN ADDITION TO VALLEY SPONSORING LOCAL EVENTS, OUR EMPLOYEES PARTICIPATE IN MANY EVENTS TO RAISE FUNDS FOR RESEARCH. IN 2021, THE LUSTGARTEN FOUNDATION WALK FOR PANCREATIC CANCER RESEARCH, NJ SHARING NETWORK 5K, ALS ASSOCIATION'S WALK TO DEFEAT ALS, RELAY FOR LIFE, AND THE BREAST CANCER WALK ARE SOME OF THE EVENTS VALLEY EMPLOYEE TEAMS PARTICIPATED IN. |
| PART III, LINE 4A, CONTINUATION PART II | THE CORONAVIRUS (COVID-19) PANDEMIC HAS LEFT A DEVASTATING IMPACT AROUND THE WORLD. INDIA WAS EXPERIENCING THE WORLD'S WORST OUTBREAK WITH NEW CASES SURGING PAST 400,000 PER DAY. THE NEW JERSEY HOSPITAL ASSOCIATION AND LOCAL HEALTHCARE FACILITIES RECOGNIZED THE NEED TO ACT FAST TO ASSIST INDIA IN THEIR FIGHT AGAINST COVID-19. AS PART OF THIS EFFORT, VALLEY DONATED FOUR RESPIRATORY VENTILATORS AND SEVEN SYRINGE PUMPS. VALLEY'S PARAMEDIC TEAM PROVIDED OVER 80 HOURS OF EDUCATION TO LOCAL, VOLUNTEER EMTS. THE FREE TRAINING INCLUDED PERTINENT TOPICS, SUCH AS EPINEPHRINE AUTO INJECTOR TRAINING, NARCAN USE, PRE-HOSPITAL TRAUMA LIFE SUPPORT, PEDIATRIC CARE, WINTER EMERGENCIES, SEPSIS, AND STROKE. THE VALLEY HOSPITAL GAMMA KNIFE TEAM, VALLEY HOSPITAL SECURITY, AND PARAMUS POLICE DEPARTMENT PARTICIPATED IN DISTANCE ALARM TRAINING, AN 8-HOUR COURSE DEVELOPED BY THE US DEPARTMENT OF ENERGY'S OFFICE OF RADIOLOGICAL SECURITY (ORS), TO REVIEW SECURITY ENHANCEMENTS IN THE GAMMA KNIFE SUITE IN THE LUCKOW PAVILION AND TO DEVELOP AND DISCUSS TECHNIQUES AND PROCEDURES WHEN RESPONDING TO THE ATTEMPTED THEFT OF RADIOACTIVE MATERIALS FROM THE GAMMA SUITE. A SECOND 2-HOUR TABLE-TOP EXERCISE DEVELOPED BY ORS WAS HELD TO PREPARE FOR AN ATTACK AND THEFT OF RADIOACTIVE MATERIAL. SINCE 2003, THE VALLEY HOSPITAL HAS BEEN A RECIPIENT OF THE PRESTIGIOUS MAGNET DESIGNATION FOR NURSING EXCELLENCE FROM THE AMERICAN NURSES CREDENTIALING CENTER. THE VALLEY HOSPITAL RECEIVED THE INTERNATIONAL BOARD-CERTIFIED LACTATION CONSULTANT (IBCLC) CARE AWARD BY THE INTERNATIONAL BOARD OF LACTATION CONSULTANT EXAMINERS AND THE INTERNATIONAL LACTATION CONSULTANT ASSOCIATION. THE IBCLC CARE AWARD RECOGNIZES HEALTHCARE ORGANIZATIONS THAT STAFF IBCLC-CERTIFIED PROFESSIONALS AND EXCEL IN PROMOTING, PROTECTING, AND SUPPORTING BREASTFEEDING. THIS IS A GLOBAL, TWO-YEAR RECOGNITION. IBCLCS FOCUS ON PREVENTIVE CARE AND ARE AVAILABLE DURING PREGNANCY TO ASSESS AND PROVIDE INFORMATION ON HOW TO SUCCESSFULLY INITIATE BREASTFEEDING. THEY CONTINUE ASSISTANCE AFTER THE BABY IS BORN BY HELPING FAMILIES OVERCOME BREASTFEEDING CHALLENGES, PROVIDING ACCURATE INFORMATION, AND OFFERING CONTINUING SUPPORT AS THEIR BABY GROWS. IN ADDITION TO LACTATION SERVICES, OVER 1,100 PEOPLE JOINED VALLEY FOR BREASTFEEDING SUPPORT GROUPS AND CLASSES IN 2021. FOR THE EIGHTH TIME, THE VALLEY HOSPITAL EARNED THE 2021 WOMEN'S CHOICE AWARD AS ONE OF AMERICA'S 100 BEST HOSPITALS FOR PATIENT EXPERIENCE, WHICH SIGNIFIES THAT THEY HAVE MET THE HIGHEST STANDARDS FOR PATIENT EXPERIENCE IN THE U.S. VALLEY IS ONE OF ONLY FOUR HOSPITALS IN NEW JERSEY THAT RECEIVED THIS DISTINCTION. THIS DISTINCTION REFLECTS VALLEY'S COMMITMENT AND DEDICATION TO PROVIDING EXCEPTIONAL CARE AND SERVICE TO ALL PATIENTS, INCLUDING WOMEN AND THEIR FAMILIES. VALLEY ALSO EARNED THE WOMEN'S CHOICE AWARD FOR AMERICA'S BEST BREAST CENTERS AND AMERICA'S BEST HOSPITALS FOR OBSTETRICS. FOR THE 17TH TIME, THE VALLEY HOSPITAL RECEIVED AN "A" GRADE FOR PATIENT SAFETY FROM THE LEAPFROG GROUP. THIS RECOGNITION DISTINGUISHES VALLEY AS ONE OF THE SAFEST HOSPITALS IN THE UNITED STATES. SAFETY IS ALWAYS PARAMOUNT AT VALLEY. DURING THE LAST 20 MONTHS, OUR PHYSICIANS, NURSES, AND STAFF HAVE GONE ABOVE AND BEYOND TO MAKE VALLEY A SAFE PLACE TO RECEIVE CARE, VISIT A LOVED ONE, AND WORK, MAKING THIS DISTINCTION ALL THE MORE MEANINGFUL. THE VALLEY HOSPITAL WAS ONCE AGAIN NAMED ONE OF AMERICA'S 250 BEST HOSPITALS BY HEALTHGRADES, PLACING US AMONG THE TOP FIVE PERCENT OF HOSPITALS NATIONWIDE FOR SUPERIOR CLINICAL PERFORMANCE. VALLEY IS ONE OF ONLY FOUR HOSPITALS IN NEW JERSEY AND THE ONLY HOSPITAL IN BERGEN, PASSAIC, ESSEX, AND HUDSON COUNTIES TO EARN THIS DISTINCTION FOR 2021. HEALTHGRADES BESTOWED THIS AWARD AFTER ASSESSING MORE THAN 4,500 HOSPITALS NATIONWIDE FOR OVERALL CLINICAL EXCELLENCE ACROSS A BROAD SPECTRUM OF CARE. THIS DISTINCTION IS A TESTAMENT TO VALLEY'S COMMITMENT TO PROVIDING SAFE, HIGH-QUALITY CLINICAL CARE AND SERVICE TO OUR PATIENTS AND FAMILIES. THE VALLEY HOSPITAL HOLDS DISEASE-SPECIFIC CERTIFICATIONS FROM THE JOINT COMMISSION IN PERINATAL CARE; COMPREHENSIVE STROKE; TOTAL HIP REPLACEMENT; TOTAL KNEE REPLACEMENT; AND WOUND CARE. THE VALLEY HOSPITAL ONCE AGAIN RECEIVED DISEASE-SPECIFIC CARE CERTIFICATION IN WOUND CARE FROM THE JOINT COMMISSION. THIS CERTIFICATION IS GIVEN TO INSTITUTIONS AND PROGRAMS THAT ARE COMMITTED TO PROVIDING CONSISTENT CLINICAL QUALITY WHEN PROVIDING CARE FOR THEIR PATIENTS. BEING CERTIFIED RECOGNIZES VALLEY'S SAFE AND EFFECTIVE CARE OF INFECTION-RELATED DISEASES INVOLVING WOUNDS. THE VALLEY HOSPITAL WAS RANKED THE THIRD BEST HOSPITAL IN NEW JERSEY AND ACHIEVED AN OVERALL RANKING AS THE FIFTEENTH BEST HOSPITAL (IN A THREE-WAY TIE) IN THE ENTIRE NEW YORK METROPOLITAN AREA, BY U.S. NEWS & WORLD REPORT FOR 2021-2022. IN ADDITION, VALLEY ACHIEVED THE HIGHEST POSSIBLE RATING HIGH PERFORMING IN 12 AREAS OF CARE (UP FROM EIGHT LAST YEAR): ORTHOPEDICS, CHRONIC OBSTRUCTIVE PULMONARY DISEASE (COPD), COLON CANCER SURGERY, DIABETES, HEART ATTACK, HEART FAILURE, HIP REPLACEMENT, KNEE REPLACEMENT, KIDNEY FAILURE, LUNG CANCER SURGERY, PNEUMONIA, AND STROKE. THE U.S. NEWS & WORLD REPORT ANALYSIS OF HOSPITALS INCLUDES NATIONWIDE DATA FROM ACROSS MULTIPLE CLINICAL SPECIALTIES, PROCEDURES, AND CONDITIONS. SCORES ARE BASED ON PATIENT OUTCOMES, PATIENT EXPERIENCE, A VARIETY OF CARE-RELATED FACTORS, AND EXPERT OPINION OBTAINED THROUGH PHYSICIAN SURVEYS. OF THE NEARLY 5,000 HOSPITALS ANALYZED, AND 30,000 PHYSICIANS SURVEYED, ONLY 175 HOSPITALS RANKED IN AT LEAST ONE OF THE SPECIALTIES. THESE DISTINCTIONS ARE A REFLECTION OF VALLEY'S LONGSTANDING COMMITMENT TO PROVIDING EXCELLENT CLINICAL CARE AND SERVICE TO ALL MEMBERS OF THE COMMUNITY WE SERVE. THE VALLEY HOSPITAL WAS NAMED ONE OF THE WORLD'S BEST HOSPITALS BY NEWSWEEK FOR A THIRD CONSECUTIVE YEAR. CREATED BY STATISTICA, THE WORLD'S BEST HOSPITALS 2021 RANKING LISTS THE 2,000 BEST HOSPITALS ACROSS 25 COUNTRIES, INCLUDING THE UNITED STATES, THE UNITED KINGDOM, GERMANY, AND CANADA. VALLEY WAS RANKED AS THE 132ND BEST HOSPITAL IN THE U.S. AND THE THIRD BEST HOSPITAL IN NEW JERSEY FOR 2021. THE 2,000 HOSPITALS RECOGNIZED ON THE WORLD'S BEST HOSPITALS 2021 LIST WERE SELECTED BASED ON RECOMMENDATIONS FROM MEDICAL PROFESSIONALS, PATIENT SURVEY RESULTS, AND MEDICAL PERFORMANCE INDICATORS. SCORES ARE COMPARABLE ONLY BETWEEN HOSPITALS IN THE SAME COUNTRY. THE NUMBER OF AWARDS PER COUNTRY VARIED BASED ON THE NUMBER OF HOSPITALS AND DATA AVAILABILITY. THE U.S. HAD THE MOST HOSPITALS AWARDED, WITH 334. THE VALLEY HOSPITAL WAS RECOGNIZED WITH THE 2021-2022 AMERICAN ASSOCIATION FOR RESPIRATORY CARE APEX RECOGNITION AWARD FOR OUR CONTINUED BEST PRACTICES AND PROMOTION OF PATIENT SAFETY IN RESPIRATORY CARE. THIS IS OUR SECOND CONSECUTIVE APEX RECOGNITION AWARD, HAVING PREVIOUSLY RECEIVED IT FOR 2019-2020. THE APEX RECOGNITION AWARD DISTINGUISHES FACILITIES FOR THEIR COMMITMENT TO EXCELLENCE IN PROFESSIONAL DEVELOPMENT, EVIDENCE-BASED CARE, PATIENT SAFETY, PATIENT SATISFACTION, AND QUALITY IMPROVEMENT. FOR THE 21ST CONSECUTIVE YEAR, VALLEY HEALTH SYSTEM WAS NAMED AMONG HEALTHCARE'S "MOST WIRED," ACCORDING TO CHIME HEALTHCARE'S MOST WIRED 2021 SURVEY. VALLEY RECEIVED A LEVEL 9 CERTIFICATION ONE OF THE HIGHEST GIVEN BY CHIME IN RECOGNITION OF ITS STATUS AS A LEADER IN HEALTHCARE TECHNOLOGY. THE MOST WIRED DISTINCTION RECOGNIZES HOSPITALS AND HEALTH SYSTEMS THAT ARE AT THE FOREFRONT OF APPLYING CORE AND ADVANCED TECHNOLOGIES TO IMPROVE HEALTHCARE IN THEIR COMMUNITIES. THE VALLEY HOSPITAL WAS RANKED AMONG THE TOP THREE HOSPITALS BY NJBIZ, BASED ON INPATIENT ACTIVITY. VALLEY POSTED NEARLY 34,000 DISCHARGES IN 2021, MOVING UP TWO SPOTS FROM LAST YEAR'S LIST. THESE NUMBERS VALIDATE THAT BECAUSE OF THE OUTSTANDING CARE OUR STAFF PROVIDES, HUNDREDS OF THOUSANDS OF PATIENTS CONTINUE TO CHOOSE VALLEY FOR THEIR HEALTH AND WELLNESS NEEDS. VALLEY HEALTH SYSTEM HAS EARNED THE TOP SPOT IN EACH OF THE FIVE CATEGORIES IN WHICH IT WAS NOMINATED IN THE 2021 NJBIZ READER RANKINGS POLL. VALLEY RECEIVED THE MOST VOTES IN THESE CATEGORIES: -BEST HEALTH CARE SYSTEM -BEST HOSPITAL -BEST CARDIAC CARE CENTER -BEST PHYSICIAN GROUP (VALLEY MEDICAL GROUP) -BEST NONPROFIT ORGANIZATION (THE VALLEY HOSPITAL FOUNDATION) |
| PART III, LINE 4A, CONTINUATION PART III | VALLEY WAS HONORED TO BE AMONG THE TOP THREE HOSPITALS IN THE JEWISH STANDARD'S 2021 READERS' CHOICE. VALLEY WAS RANKED FOR INPATIENT EXPERIENCE, EMERGENCY ROOM, BIRTHING CENTER, BREAST CARE CENTER, AND HOSPITAL FOOD. VALLEY ALSO RANKED AMONG THE TOP TWO HOSPITALS FOR HOME HEALTH CARE. VALLEY ACHIEVED MANY SIGNIFICANT ACCOLADES AND RECOGNITIONS IN 2021, DESPITE CONTINUING TO DEAL WITH THE IMPACTS OF THE ONGOING PANDEMIC. THE RECOGNITIONS AND ACTIVITIES INCLUDE BEING NAMED AMONG THE TOP THREE BEST HOSPITALS IN NEW JERSEY BY U.S. NEWS & WORLD REPORT, BEING NAMED AS THE BEST PLACE TO WORK BY 201 MAGAZINE, BEING RECOGNIZED BY HEALTHGRADES AS ONE OF AMERICA'S 250 BEST HOSPITALS. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION'S SOLE MEMBER IS VALLEY HEALTH SYSTEM, INC. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION'S SOLE MEMBER HAS THE RIGHT TO NOMINATE, ELECT, AND REMOVE THE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE FOLLOWING DECISIONS OF THE ORGANIZATION ARE RESERVED TO THE ORGANIZATION'S SOLE MEMBER: TO DETERMINE THE NUMBER OF TRUSTEES ON THE BOARD TO AMEND, REVISE OR RESTATE THE CORPORATION'S CERTIFICATE OF INCORPORATION AND BYLAWS, AND TO APPROVE ALL AMENDMENTS OR REVISIONS TO THE CORPORATION'S CERTIFICATE OF INCORPORATION AND BYLAWS THAT MAY BE PROPOSED OR APPROVED BY THE BOARD BEFORE THEY BECOME EFFECTIVE; TO ADOPT OR CHANGE THE MISSION, PURPOSE, PHILOSOPHY OR OBJECTIVES OF THE CORPORATION; TO CHANGE THE LEGAL STRUCTURE OF THE CORPORATION; TO COMMIT TO ADD OR THE ADDITION OF ANOTHER HOSPITAL OR HEALTH SYSTEM TO THE CORPORATION; TO DISSOLVE, DIVIDE, CONVERT OR LIQUIDATE THE CORPORATION, TO CONSOLIDATE OR MERGE THE CORPORATION WITH ANOTHER CORPORATION OR ENTITY, TO SELL ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION, TO CAUSE THE CORPORATION TO ACQUIRE SUBSTANTIALLY ALL OF THE ASSETS OF ANOTHER CORPORATION OR ENTITY, AND TO APPROVE ANY OF THE FOREGOING ACTIONS THAT ARE RECOMMENDED BY THE BOARD BEFORE SUCH ACTION BECOMES EFFECTIVE; TO APPROVE THE ANNUAL CAPITAL AND OPERATING BUDGETS OF THE CORPORATION AND ANY AMENDMENTS THERETO; TO INITIATE AND TO APPROVE THE INCURRENCE OF DEBT BY THE CORPORATION OR TO IMPLEMENT ANY FINANCING STRATEGY, INCLUDING WITHOUT LIMITATION IN CONNECTION WITH ANY DEBT ISSUANCE, CAPITAL OR OPERATING LEASING TRANSACTIONS, AND TAXABLE AND NONTAXABLE FINANCINGS; TO APPROVE THE INCURRENCE OF DEBT BY THE CORPORATION IN EXCESS OF THOSE THRESHOLDS ESTABLISHED BY THE BOARD, IF SUCH INCURRENCE OF DEBT IS NOT INCLUDED IN THE CORPORATION'S APPROVED BUDGETS, WHETHER IN A SINGLE TRANSACTION OR A SERIES OF RELATED TRANSACTIONS; TO CAUSE OR DIRECT THE CORPORATION TO PAY, LOAN OR OTHERWISE TRANSFER SUCH FUNDS AS ARE NECESSARY TO PAY ANY OUTSTANDING INDEBTEDNESS OBLIGATIONS, INCLUDING BUT NOT LIMITED TO BORROWINGS, GUARANTIES, NON-RECOURSE INDEBTEDNESS, LEASES, AND DERIVATIVE INSTRUMENTS, CREATED OR APPROVED BY THE CORPORATION; TO EXERCISE SUCH OVERSIGHT, INCLUDING INITIATING ACTION OR APPROVING ACTION BY THE CORPORATION, OVER THE MANAGEMENT, POLICIES, DISPOSITION OR ENCUMBRANCE OF ASSETS, INCLUDING REAL OR PERSONAL PROPERTY, OF THE CORPORATION TO CAUSE OR ENSURE COMPLIANCE WITH TERMS AND CONDITIONS OF INDEBTEDNESS OBLIGATIONS AND FINANCIAL RELATIONSHIPS RELATED IN ANY MANNER TO SUCH INDEBTEDNESS; TO APPROVE THE CAPITAL EXPENDITURES BY THE CORPORATION IN EXCESS OF THOSE THRESHOLDS ESTABLISHED BY THE BOARD, IF SUCH CAPITAL EXPENDITURES ARE NOT INCLUDED IN THE CORPORATION'S APPROVED BUDGETS, WHETHER IN A SINGLE TRANSACTION OR A SERIES OF RELATED TRANSACTIONS; TO APPROVE ANY DONATION OR ANY OTHER TRANSFER OF THE CORPORATION'S ASSETS, OTHER THAN TO AN AFFILIATED ENTITY, IN EXCESS OF AN AMOUNT EQUAL TO OR GREATER THAN THE THRESHOLDS ESTABLISHED BY THE BOARD FOR SUCH CORPORATION, UNLESS SPECIFICALLY AUTHORIZED IN THE CORPORATION'S APPROVED BUDGETS; TO SELECT AND APPOINT AUDITORS OF THE CORPORATION; TO INITIATE AND APPROVE STRATEGIC PLANS AND MISSION STATEMENTS OF THE CORPORATION; TO INITIATE AND APPROVE INVESTMENT POLICIES AND CAPITAL CAMPAIGNS OF THE CORPORATION; TO INITIATE AND APPROVE THE CLOSURE OR RELOCATION OF A LICENSED HEALTH CARE FACILITY OF THE CORPORATION; TO INITIATE AND APPROVE THE FORMATION OF SUBSIDIARIES OF THE CORPORATION; TO APPROVE THE CORPORATION'S ACQUISITION OF CONTROLLING INTERESTS IN ORGANIZATIONS OR BUSINESSES OUTSIDE OF THE CORPORATION'S APPROVED STRATEGIC PLAN; TO THE EXTENT NOT EXPRESSLY SET FORTH ABOVE, TO DIRECT OR REQUIRE THE CORPORATION TO TAKE ANY OTHER LAWFUL ACTS OR ACTIONS WITH RESPECT TO THE CORPORATION'S BUSINESS, AFFAIRS, MANAGEMENT, PROPERTIES OR ACTIVITIES THAT THE SOLE MEMBER MAY DIRECT. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE VALLEY HOSPITAL HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 IS PREPARED, IT IS SUBMITTED TO MANAGEMENT AND THE AUDIT COMMITTEE FOR REVIEW. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED BY THE AUDIT COMMITTEE FOR FILING WITH THE INTERNAL REVENUE SERVICE. BEFORE FILING, THE FORM 990 IS MADE AVAILABLE FOR THE BOARD'S REVIEW, BY HARD COPY AND OR ELECTRONIC COPY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION'S BOARD IS A SHARED BOARD WITH THE VALLEY HEALTH SYSTEM. THE VALLEY HEALTH SYSTEM HAS DEVELOPED A COMPENSATION PLAN, WHICH GOVERNS THE COMPENSATION FOR ALL EXECUTIVES, INCLUDING THE CEO AND VICE PRESIDENTS OF THE ORGANIZATION. THE PLAN WAS DEVELOPED IN CONJUNCTION WITH A CONSULTING FIRM, REVIEWED BY THE PHYSICIAN LEADERSHIP COUNCIL AND APPROVED BY THE BOARD OF TRUSTEES AND THE VALLEY HEALTH SYSTEM PHYSICIAN COMPENSATION COMMITTEE. ON AN ANNUAL BASIS, THE PLAN IS REVIEWED AND UPDATED AS NEEDED. THIS PROCESS WAS LAST UNDERTAKEN IN 2021. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE HOSPITAL MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING OF THE RETURN ON GUIDESTAR.ORG AND SIMILAR TYPES OF WEBSITES. IN ADDITION FORM 990 AS WELL AS THE FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AND OTHER RELEVENT DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN HOSPITAL NET ASSETS HELD BY VALLEY HOSPITAL FOUNDATION -5,905,363. ADJUSTMENT FOR NET ASSETS OF DISREGARDED ENTITIES 2,902,396. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS FOR SELECTING AN INDEPENDENT ACCOUNTANT AND ESTABLISHING A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEARS. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| 620 WINTERS AVENUE LLC | |||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 462091667 | REAL ESTATE HOLDINGS | DE | $0 | $0 | THE VALLEY HOSPITAL INC |
| 1200 EAST RIDGEWOOD LLC | |||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 464115513 | REAL ESTATE HOLDINGS | DE | $3,672,595 | $22,350,640 | THE VALLEY HOSPITAL INC |
| 555 MAPLE ACQUISITION LLC | |||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 453070365 | REAL ESTATE HOLDINGS | DE | $0 | $8,110,000 | THE VALLEY HOSPITAL INC |
| 599 PARAMUS ACQUISITION LLC | |||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 460985392 | REAL ESTATE HOLDINGS | DE | $0 | $9,942,120 | THE VALLEY HOSPITAL INC |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| VALLEY HEALTH SYSTEM INC | |||||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 222922016 | PROVIDES MANAGEMENT & PLANNING SERVICES FOR ITS MEMBERS | NJ | 501(C)(3) | LINE 3 | N/A | 0 | |
| VALLEY PHYSICIAN SERVICES INC | |||||||||||
| 15 ESSEX ROAD | PARAMUS | NJ | 07652 | 320041186 | PROVIDES MEDICAL CARE TO CARRYOUT THE PURPOSE OF THE VALLEY HEALTH SYSTEM | NJ | 501(C)(3) | LINE 10 | Yes (1) | THE VALLEY HOSPITAL INC | |
| VALLEY HOME CARE INC | |||||||||||
| 15 ESSEX ROAD | PARAMUS | NJ | 07652 | 223208480 | PROVIDES REHABILITATION VISITS AND HOME HEALTH AIDS VISITS TO PATIENTS | NJ | 501(C)(3) | LINE 10 | 0 | VALLEY HEALTH SYSTEM INC | |
| THE VALLEY HOSPITAL FOUNDATION INC | |||||||||||
| 223 NORTH VAN DIEN AVENUE | RIDGEWOOD | NJ | 07450 | 222324554 | SOLICITS AND RECEIVES CONTRIBUTIONS FOR THE BENEFIT OF HEALTH SYSTEM | NJ | 501(C)(3) | LINE 7 | 0 | VALLEY HEALTH SYSTEM INC | |
| VALLEY PHYSICIAN SERVICE NY PC | |||||||||||
| 15 ESSEX ROAD | PARAMUS | NJ | 07652 | 453125678 | OPERATES URGENT/PRIMARY CARE CLINICS | NJ | 501(C)(3) | LINE 10 | 0 | VALLEY PHYSICIAN SERVICES INC | |
| VALLEY MEDICAL SERVICES PC | |||||||||||
| 15 ESSEX ROAD | PARAMUS | NJ | 07652 | 465297054 | PROVIDE PRIMARY AND SPECIALTY MEDICAL CARE | NJ | 501(C)(3) | LINE 10 | 0 | VALLEY PHYSICIAN SERVICES INC | |
| VALLEY PHYSICIANS SERVICES PC | |||||||||||
| 15 ESSEX ROAD | PARAMUS | NJ | 07652 | 465285330 | PROVIDE PRIMARY AND SPECIALTY MEDICAL CARE | NJ | 501(C)(3) | LINE 10 | 0 | VALLEY PHYSICIAN SERVICES INC | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VHS INSURANCE COMPANY LTD | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 010 MAIN STREET | AddressLine1Txt |
| City | CAYMAN ISLANDS | CityNm |
| Country | CJ | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 980408200 | EIN |
| Primary Activities | PROVIDES PROFESSIONAL, MEDICAL AND COMMERCIAL GENERAL LIABILITY INSURANCE | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | CJ | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VALLEY HEALTH SYSTEM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| VALLEY PHYSICIAN SERVICES PC | ||
| S | $25,684,298 | COST |
| VALLEY PHYSICIAN SERVICES INC | ||
| R | $86,660,239 | COST |
| VALLEY PHYSICIAN SERVICES PC NY | ||
| S | $558,231 | COST |
Comments