Valley Hospital Inc

Valley Hospital Inc Overview

Valley Hospital Inc is located in Ridgewood, NJ. The organization was established in 1953. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2019, Valley Hospital Inc employed 4,175 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Valley Hospital Inc generated $860.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $746.8m during the year ending 12/2019. While expenses have increased by 2.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE VALLEY HOSPITAL SERVES THE COMMUNITY BY HEALING AND CARING FOR PATIENTS, COMFORTING THEIR FAMILIES AND TEACHING GOOD HEALTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE VALLEY HOSPITAL, IN RIDGEWOOD, NJ, 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 PREDOMINANTLY WHITE AND NON-HISPANIC. THERE ARE 932,202 RESIDENTS IN THE 233.01 SQUARE MILES OF BERGEN COUNTY, NJ. 20.6 PERCENT OF THE POPULATION IS HISPANIC AND 16.9 PERCENT ASIAN. THE MEDIAN HOUSEHOLD INCOME IS $95,837. RESIDENTS ARE GENERALLY WELL-EDUCATED AND HAVE HIGHER GRADUATION RATES THAN NJ AND THE U.S. THE VALLEY HOSPITAL EMPLOYS PEOPLE WHO REPRESENT AND LIVE IN THE COMMUNITIES WE SERVE. MORE THAN 3,680 EMPLOYEES AND 1,350 ACTIVE VOLUNTEERS CONSTITUTE THE VALLEY HOSPITAL.IN 2019, 48,664 INDIVIDUALS WERE ADMITTED TO VALLEY, 70,420 PEOPLE WERE TREATED IN THE EMERGENCY DEPARTMENT, AND 3,510 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. ACCORDING TO THE MOST RECENT DATA AVAILABLE, THE VALLEY HOSPITAL HAS BEEN RANKED BY NJBIZ AS THE FIFTH BUSIEST HOSPITAL IN THE STATE BASED ON TOTAL INPATIENT DISCHARGES.1,648 PEOPLE PARTICIPATED IN 73 BLOOD PRESSURE SCREENING CLINICS. 963 PEOPLE ATTENDED PROGRAMS ON CARDIAC AND STROKE. SOME PROGRAM TOPICS INCLUDE: MANAGING BLOOD PRESSURE, WOMEN AND STROKE, HEART HEALTH JEOPARDY, HEART VALVE SURGERY, WOMEN TAKE HEART, SLEEP AND TROUBLED HEART. 173 PEOPLE PARTICIPATED IN 2 FREE STROKE SCREENINGS. VALLEY ALSO HOSTS A STROKE SUPPORT GROUP OFFERED MONTHLY.287 PEOPLE PARTICIPATED IN VALLEY'S FREE COMPREHENSIVE HEART SCREENING, A PROGRAM DESIGNED TO IDENTIFY A PERSON'S POTENTIAL RISK FOR HEART DISEASE AND HELP PATIENTS TAKE STEPS TO PREVENT IT.


BERGEN COUNTY HAS THE SECOND HIGHEST PERCENTAGE OF ADULTS 65 AND OVER AMONG ALL COUNTIES IN NEW JERSEY. 16.4 PERCENT OF BERGEN COUNTY RESIDENTS ARE OVER AGE 65 COMPARED TO NEW JERSEY OVERALL AT 15.1 PERCENT. VALLEY HEALTH PRIMETIME WAS CREATED TO HELP OLDER ADULTS STAY HEALTHY BY TEACHING THEM GOOD HEALTH AND PROVIDING OPPORTUNITIES TO REMAIN SOCIALLY ACTIVE. IN 2019, VALLEY HEALTH PRIMETIME OFFERED 52 FREE PROGRAMS TO OVER 1,500 OLDER ADULTS. ADDITIONALLY, VALLEY'S COMMUNITY HEALTH DEPARTMENT WORKS WITH A NUMBER OF LOW-INCOME SENIOR HOUSING FACILITIES TO PROVIDE, SCREENINGS, EDUCATION, DONATIONS, AND RESOURCES FOR ITS RESIDENTS. 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 6,230 VISITS IN 2019. 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. BY PARTNERING WITH AREA RELIGIOUS INSTITUTIONS, VALLEY IS ABLE TO WORK WITH UNDERSERVED POPULATIONS TO HELP MEET ACCESS TO CARE NEEDS OF THEIR MEMBERS BY PROVIDING ON-SITE HEALTH FAIRS, SCREENINGS, AND EDUCATION ON VARIOUS HEALTH TOPICS, AS WELL AS CONNECT INDIVIDUALS TO RESOURCES. 3,500 PEOPLE PARTICIPATED IN FREE SCREENINGS PROVIDED BY VALLEY AND OVER 37,500 PEOPLE PARTICIPATED IN FREE EDUCATION PROGRAMS IN 2019.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 WHO 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.


1,719 PEOPLE PARTICIPATED IN CANCER EDUCATION AND SCREENING PROGRAMS IN 2019. BREAST CANCER, PROSTATE CANCER, AND COLON CANCER, AS WELL AS NUTRITION AND CANCER WERE TOPICS OF INTEREST. ADDITIONALLY, SMOKING AND VAPING WERE TOPICS THAT WERE WIDELY DISCUSSED. OVER 2,500 PEOPLE ATTENDED FREE SUPPORT GROUPS OFFERED BY VALLEY IN 2019. VALLEY ALSO PROVIDES MEETING SPACE FOR THREE 12-STEP PROGRAMS AND SUPPORT GROUPS FOR ALZHEIMER'S NEW JERSEY, CHILDREN AND ADULTS WITH ATTENTION-DEFICIT/HYPERACTIVITY DISORDER (CHADD), AND CRONES/COLITIS FOUNDATION. ANOTHER 5,507 PEOPLE ATTENDED MENTAL HEALTH AND SUBSTANCE ABUSE EDUCATION PROGRAMS ON TOPICS INCLUDING POSITIVE COPING, WINTER BLUES, ANXIETY ISSUES, BULLYING, MINDFULNESS, PALLIATIVE CARE, MANAGING STRESS, AND NALOXONE TRAINING. 520 PEOPLE ATTENDED WEEKLY GUIDED IMAGERY SESSIONS AND AN ADDITIONAL 441 PEOPLE ATTENDED THE NEW DRUMMING CIRCLE, AN EVIDENCE-BASED, MIND-BODY ACTIVITY THAT USES THE DRUM AS A TOOL FOR PERSONAL EXPRESSION AND HELPS TO LESSEN THE FEELINGS OF BURNOUT AND FATIGUE. 1,190 PEOPLE ATTENDED PROGRAMS ON ARTHRITIS, OSTEOPOROSIS, AND BACK PAIN. ARTHRITIS MANAGEMENT AND FALLS PREVENTION WERE POPULAR TOPICS ALONG WITH JOINT REPLACEMENT. MORE THAN 200 COMMUNITY RESIDENTS TURNED OUT FOR "JOINTS IN MOTION" AN INFORMATIVE EVENT FOCUSED ON ORTHOPEDICS AND JOINT REPLACEMENTS PRESENTED IN CONJUNCTION WITH STRYKER ORTHOPAEDICS AND HELD AT STRYKER'S CORPORATE AND MANUFACTURING HEADQUARTERS IN MAHWAH.


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Valley Hospital Inc Vendors

Vendor Name (Service)Compensation
Torcon Inc
General Contractor
$26,069,473
Hdr Architecture
Architectural
$15,277,099
Bergen Anesthesia Group Pc
Anesthesia
$4,884,672
Vizient
Temporary Staffing
$1,833,487
R4architecture Llc
Architectural
$1,611,693
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $368,715
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$368,715
Total Program Service Revenue$828,330,166
Investment income $14,568,826
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$1,428,415
Net Gain/Loss on Asset Sales -$553,310
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $860,142,109

Valley Hospital Inc Grants Recieved

Over the last fiscal year, we have identified 3 grants that Valley Hospital Inc has recieved totaling $59,133.

Awarding OrganizationAmount
The Alfano Family Charitable Foundation

Allendale, NJ

PURPOSE: MEDICAL ASSISTANCE

$50,000
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$6,133
Dipaolo Family Charitable Foundation Inc

Saddle River, NJ

PURPOSE: GENERAL SUPPORT

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,429,327
Ending Balance$4,429,327

Valley Hospital Inc Peer Organizations

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