Lake Regional Releases Fiscal Year Report With Numerous Awards Received in 2023 To 2024

Lake Regional Health System has announced the publication of its annual report for fiscal year 2024 which began May 2023 and ended April 2024.

C-E-O Kevin McRoberts says among highlights of the report include: opening the new campus in Lebanon; becoming the first in the state to earn The Joint Commission Sepsis Certification; joining the Cancer Research for the Ozarks and renewing its Level-2 STEMI (heart attack) Center designation.

Lake Regional Health System employs more than 1,200 full-time employees with combined wages topping $120.8 million.

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Lake Regional Health System announces the publication of “Currents: A Community Impact Report.” The annual report covers fiscal year 2024, which began May 2023 and ended April 2024.

Highlights from the year include opening the new Lebanon Campus; becoming the first in state to earn The Joint Commission Sepsis Certification; Lake Regional Cancer Center joining Cancer Research for the Ozarks; the Auxiliary fulfilling a $300,000 pledge; the Lake Regional clinics joining the hospital on one shared electronic health record; the hospital renewing its Level II STEMI (heart attack) Center designation; and Lake Regional Orthopedics adding total knee replacements with the VELYS Robotic-Assisted Solution and the ATTUNE Knee System.

“Our team surpasses expectations,” said Lake Regional CEO Kevin McRoberts, FACHE. “Few communities our size can depend on their local, nonprofit health care team to provide the level of care found at Lake Regional Health System. We celebrate our many accomplishments, and we are thankful for the generous community support that enables us to advance our nonprofit mission to provide exceptional health care. Most of all, we are grateful for the opportunity we have every day to come together to improve lives.”

By the Numbers

Lake Regional Health System is one of the area’s largest employers with the equivalent of 1,253 full-time employees. During FY 2024, Lake Regional salaries and wages totaled more than $120.8 million, not including benefits. The report also shows Lake Regional contributed $33.1 million to the community, including charity care (at cost); community health screenings and education; and charitable contributions. This total also includes $16.1 million in taxes, including payroll, unemployment and real estate taxes.

The report includes a special thank you to the Lake Regional Hospital Auxiliary. During FY 2024, the Auxiliary raised $54,832.71 to support Lake Regional’s mission. Altogether, 61 Auxilians volunteered more than 15,000 hours in FY 2024. The Auxiliary also administered the Ethel Rayburn Nursing Scholarship program and awarded $10,000 in scholarships to deserving employees pursuing or advancing nursing careers.

The annual report is available to view and download at lakeregional.com/Reports.

Lake Regional Health System is a nonprofit organization that provides comprehensive health care services to residents and visitors throughout the mid-Missouri region. The hospital is a Level II Stroke Center, Level II STEMI (heart attack) Center and Level III Trauma Center. Lake Regional also provides a wide range of specialty care, including cancer care, heart care and orthopedics. Plus, Lake Regional operates primary care clinics, Express Care walk-in clinics, rehab therapy clinics, programs for home health and hospice, and retail pharmacies.

To learn more, visit lakeregional.com.