Civic Intelligence

Park Nicollet Health Care Products

EIN 01-0638901 • 501(c)3

3800 Park Nicollet Boulevard55416
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

6.81x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

No filing with officer or executive compensation is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$11,984,392

No earlier filing loaded for comparison.

Liabilities

$81,569,956

No earlier filing loaded for comparison.

Net Assets

-$69,585,564

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$67,919,106

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0-$50M-$100MAssets 2010: $11,984,392Liabilities 2010: $81,569,956Net Assets 2010: -$69,585,5642010

Highlighted filing

2010

Assets$11,984,392
Liabilities$81,569,956
Net Assets-$69,585,564

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80M$60M$40M$20M$0Expenses 2010: $67,919,1062010

Highlighted filing

2010

Revenue-
Expenses$67,919,106
Net Income-

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Oct 31, 2011
Return Version
2010v3.4
Gross Receipts
$59,538,860
Mission and Program Overview

Major Activities

Activity 2
The Contact Lens and Optical Store @ Park Nicollet Health Care Products, which meet growing demand for self-care products and services, are at these Park Nicollet Clinic sites: Bloomington, Brookdale, Burnsville, Carlson Parkway (Minnetonka), Chanhassen, Maple Grove, Minneapolis, Shakopee, and St. Louis Park. The patient care experience does not end at the hospital or clinic door. Patients have many self-care needs to manage both their acute and chronic health conditions, and Park Nicollet Health Care Products is expanding its capacity to better serve these growing needs.Major accomplishments for 2010 include:Enhanced optical product assortments available for patients, especially patients living with chronic health conditions affecting their vision.Established an optical benefit program for Park Nicollet employees.
Activity 3
Park Nicollet Health Care Products, branded as The Stores @ Park Nicollet, is a group of departments within Park Nicollet Health Services providing durable medical equipment (DME)/supplies and pharmaceuticals, pharmaceuticals supporting ongoing patient care. The focus is on the health, healing and learning of patients by providing easy access to products and services that support successful self-management of a health condition at home.The Health and Care Stores, which meet growing, demand for self-care products and services, and are at Park Nicollet Clinic locations, include: Health & Care Store @ Park Nicollet (4 locations), Hearing Center & Store @ Park Nicollet (3 locations), and Breastfeeding Center @ Park Nicollet (1 location within the Meadowbrook Health & Care store)The Stores are at these Park Nicollet Clinic sites: Burnsville, St. Louis Park, as well as the Heart and Vascular Center and Meadowbrook at the Park Nicollet Methodist Hospital.The patient care experience does not end at the hospital or clinic door. Patients have many self-care needs to manage both their acute and chronic health conditions, and Park Nicollet Health Care Products is expanding its capacity to better serve these growing needs. Major accomplishments for 2010 include:Enhanced product assortments available for patients, especially patients living with chronic health conditions.Educated physicians and care provider's about Health Care Stores product offerings to better link patient health care needs to product solutions, including smoking cessation.Developed standard work for provider referrals to Health Care stores, assuring that patients have the products needed as they go home from clinic or hospital.Continued customer service and sales training to all store staff and management.Expanded point of care operation and specialty stores to help bring more products directly into the care environment to assist both providers and patients alike.
Filing and Contact Details

Filer

EIN
01-0638901
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IRS990/Activity2/Description0The Contact Lens and Optical Store @ Park Nicollet Health Care Products, which meet growing demand for self-care products and services, are at these Park Nicollet Clinic sites: Bloomington, Brookdale, Burnsville, Carlson Parkway (Minnetonka), Chanhassen, Maple Grove, Minneapolis, Shakopee, and St. Louis Park. The patient care experience does not end at the hospital or clinic door. Patients have many self-care needs to manage both their acute and chronic health conditions, and Park Nicollet Health Care Products is expanding its capacity to better serve these growing needs.Major accomplishments for 2010 include:Enhanced optical product assortments available for patients, especially patients living with chronic health conditions affecting their vision.Established an optical benefit program for Park Nicollet employees.
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IRS990/Activity3/Description0Park Nicollet Health Care Products, branded as The Stores @ Park Nicollet, is a group of departments within Park Nicollet Health Services providing durable medical equipment (DME)/supplies and pharmaceuticals, pharmaceuticals supporting ongoing patient care. The focus is on the health, healing and learning of patients by providing easy access to products and services that support successful self-management of a health condition at home.The Health and Care Stores, which meet growing, demand for self-care products and services, and are at Park Nicollet Clinic locations, include: Health & Care Store @ Park Nicollet (4 locations), Hearing Center & Store @ Park Nicollet (3 locations), and Breastfeeding Center @ Park Nicollet (1 location within the Meadowbrook Health & Care store)The Stores are at these Park Nicollet Clinic sites: Burnsville, St. Louis Park, as well as the Heart and Vascular Center and Meadowbrook at the Park Nicollet Methodist Hospital.The patient care experience does not end at the hospital or clinic door. Patients have many self-care needs to manage both their acute and chronic health conditions, and Park Nicollet Health Care Products is expanding its capacity to better serve these growing needs. Major accomplishments for 2010 include:Enhanced product assortments available for patients, especially patients living with chronic health conditions.Educated physicians and care provider's about Health Care Stores product offerings to better link patient health care needs to product solutions, including smoking cessation.Developed standard work for provider referrals to Health Care stores, assuring that patients have the products needed as they go home from clinic or hospital.Continued customer service and sales training to all store staff and management.Expanded point of care operation and specialty stores to help bring more products directly into the care environment to assist both providers and patients alike.
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IRS990/Description0Park Nicollet Health Care Products is part of Park Nicollet Health Services, a nonprofit integrated care delivery system, staffed by nationally recognized hospital and clinic doctors, clinical professionals, nurses, researchers and other staff at Park Nicollet Methodist Hospital and Park Nicollet Clinic who help patients stay healthy and take care of patients when they are sick. Park Nicollet Health Care Products is a supporting organization to Park Nicollet Methodist Hospital and Park Nicollet Clinic, providing durable medical equipment (DME)/supplies and pharmaceuticals supporting ongoing patient care. Park Nicollet Health Care Products focus on the health, healing and learning of patients by providing easy access to products and services that support successful self-management of a health condition at home. The products support both short term acute conditions and chronic lifelong conditions, such as eyewear, hearing aids, and many products that cross into almost every medical subspecialty. The Pharmacy @ Park Nicollet, meets growing demand for self-care products and services. The Pharmacies are at these Park Nicollet Clinic locations: Bloomington, Brookdale, Burnsville, Carlson Parkway (Minnetonka), Chanhassen, Eagan, Maple Grove, Minneapolis, St. Louis Park, and Wayzata as well as the Heart and Vascular Center and Meadowbrook at the Park Nicollet Methodist Hospital.The patient care experience does not end at the hospital or clinic door. Patients have many self-care needs to manage both their acute and chronic health conditions, and Park Nicollet Health Care Products is expanding its capacity to better serve these growing needs. Major accomplishments for 2010 include:Enhanced product and pharmaceutical assortments available for patients, especially patients living with chronic health conditions such as diabetes, cancer, and bone and joint disease. Educated physicians and care provider's about Pharmacy services and products to better link solutions for patient health care needs, including smoking cessation.Developed standard work around provider referrals to Park Nicollet Pharmacies, assuring that patients have the products needed as they go home from clinic or hospital.Continue to provide customer service and sales training to all store staff and management.Expanded Pharmacy services to help bring more products directly into the care environment to assist both providers and patients alike. Update e-commerce Web site for Pharmacy @ Park Nicollet to make it easier for providers and patients to locate and purchase health care products. Worked with staff to ensure their job satisfaction and self worth so that they can, in turn, share their positive attitude with clinical team members and customers.Enhanced the focus on customer satisfaction scores to reinforce best practices and provide superior service. Enhanced tracking systems to measure and monitor customer success of sales strategies.Ensured all Pharmacy staff attended learning events to achieve their continuing education requirements.Attended major trade shows to keep current with pharmacy assortment and billing information. Held meetings and educational sessions for Pharmacy staff to learn the complexities of billing 3rd party payers to ensure compliance and accuracy of claims submission.
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IRS990/Form990PartVIISectionA/Title0President and CEO
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IRS990/Form990PartVIISectionA/Title9Sr VP Community Advance
IRS990/Form990PartVIISectionA/Title10VP Inpatient Care & CNO
IRS990/Form990PartVIISectionA/Title11Executive VP and COO
IRS990/Form990PartVIISectionA/Title12Director
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IRS990/Form990PartVIISectionA/Title15Sr VP & CFO (8/30-12/31)
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IRS990/Form990PartVIISectionA/Title28Director of Pharmacy
IRS990/Form990PartVIISectionA/Title29Directory of PNHP
IRS990/Form990PartVIISectionA/Title30Former Executive VP & CMO
IRS990/Form990PartVIISectionA/Title31Former President & CEO
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