Financials
Below you will find information on the business and financial workings of Phoebe. By giving the public easy access to this information, we bring a greater degree of transparency to healthcare in Albany.
Below you will find information on the business and financial workings of Phoebe. By giving the public easy access to this information, we bring a greater degree of transparency to healthcare in Albany.
As a not-for-profit organization, Phoebe files the Internal Revenue Service Form 990 “Return of Organization Exempt from Income Tax,” every year. Below is a link to most recent Form 990’s as well as the “Conflict of Interest Policy” mentioned in the Form 990’s.
Since 1911, Phoebe has taken great pride in increasing access to care for all in need. We continue to make great strides in improving the health of our community. After all, Phoebe was founded on the mission to provide healthcare to all those in need, regardless of ability to pay.
As a part of reporting community benefits, Phoebe has adopted guidelines adopted from a collaboration between VHA and the Catholic Health Association on how hospitals should report community benefits. Such tools for guidelines bring needed and additional clarity to reporting.
Phoebe currently uses the Community Benefit of Inventory Social Accountability (CBISA) software that upholds the policies outlined to establish consistent reporting and provide community benefits.
Phoebe continues to strive for excellence through the adopted VHA-CHA guidelines. VHA has a long history of helping hospitals communicate their good work. In fact, more than 800 not-for-profit hospitals today are using software developed by VHA, the Catholic Health Association (CHA) and Lyon Software to track and communicate information on community benefit.
Phoebe has taken that communication to the next level by adopting the guidelines of “A Guide for Planning and Reporting Community Benefit.” The Guide contains standard definitions and reporting guidelines regarding community benefits. To view the pledge letter signed in accordance with the VHA-CHA guidelines, please click below.