Peterborough, NH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Monadnock Community Hospital, founded in 1919, is a major nonprofit in the Health Care sector that reported $128.0M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $122.3M left a modest 4% surplus.
Monadnock Community Hospital is committed to improving the health and well-being of our community. We will elevate the health of our community by providing accessible, high quality and value based care.
The primary purpose of Monadnock Community Hospital (MCH) is to ensure access to quality health care for patients in our community, regardless of their ability to pay. The following is a summary of...
The primary purpose of Monadnock Community Hospital (MCH) is to ensure access to quality health care for patients in our community, regardless of their ability to pay. The following is a summary of the services MCH provides in an effort to fulfill its mission, together with key program statistics for fiscal year 2024.Inpatient Services - Includes: adult stays, maternity/births, and swing bed nursing. During the fiscal year, the Hospital admitted 1,177 patients and recorded 3,325 patient days. Emergency Services - MCH offers health services 24 hours per day, 7 days per week. Responsible for the immediate treatment of any medical or surgical emergency; for initiating life saving procedures in all types of emergency situations; and for providing emergency and initial evaluations and treatment for other conditions including minor illnesses and injuries, and sub-acute medical problems. During the year, there were 13,400 visits to the ER. Physician Practices - Family health services, programs, and education are integral components of healthcare at MCH. Inpatient and outpatient primary care includes: medical, surgical, psychological and specialist services, provided by physicians and mid-level practitioners. These are located at the Hospital and its four satellite practices located in Antrim, Jaffrey, New Ipswich, and Rindge. During the year, 58,818 primary care office visits were recorded. Surgical Services - Includes same day and short-term inpatient surgery. MCH provides surgery in the areas of orthopaedics, general surgery, OB/GYN, ophthalmology, urology, ENT, and podiatry. In addition, the Hospital offers some non-surgical procedures including colonoscopies, gastroscopies, and pain management injections. During the fiscal year, 3,461 procedures were performed. Radiology and Diagnostics - MCH provides advanced radiological technology and extensive imaging services including: bone density, MRI, CT, nuclear medicine, ultrasound, mammography, and other diagnostic procedures, both inpatient and outpatient. During the fiscal year, 34,644 exams were performed. Rehabilitation Services - Additionally, MCH serves the people of the Monadnock Region through its medical rehabilitation and fitness services. MCH offers rehabilitation programs for cardiac and diabetic rehabilitation, along with pulmonary fitness, which feature educational and exercise components. We also provide physical and occupational therapy, as well as speech rehabilitation. During the fiscal year, 73,151 procedures were recorded for these services. Monadnock Community Hospital's Financial Grant Program provides assistance with hospital and/or physician bills for qualifying patients. In fiscal year 2024, the Organization recorded $891,000 in charges foregone based on established rates. The estimated cost incurred to provide these services was $ . In addition, Monadnock Community Hospital provided other services to the community at no cost or reduced cost, such as screenings and clinics. The cost of providing these services was approximately $17,260,000 in fiscal year 2024.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $128,008,734 | $114,350,269 | +0.1% |
| Expenses | $122,252,408 | $107,296,594 | +0.1% |
| Net Income | $5,756,326 | $7,053,675 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Alexander J Walker Esq | Ex-Officio (voting) (end 3/2024) | 3.00 |
Director
|
$0 | $351,171 | $1,068,695 |
| Terrence McNamara DO | Trustee/Physician | 41.50 |
Director
|
$455,080 | $37,929 | $493,009 |
| Cynthia McGuire | Chief Executive Officer | 55.00 |
Officer
Director
|
$435,263 | $52,064 | $487,327 |
| Peter Cerroni DMD | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Casandra Clark | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Jeffrey R Crocker Esq | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Carolyn Garretson | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Steve Kim | Trustee (start 1/2024) | 3.00 |
Director
|
$0 | $0 | $0 |
| Eric Lasky MD | Ex-Officio (voting) | 3.00 |
Director
|
$0 | $0 | $0 |
| Leslie Lewis | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| Stephen Lehmkuhl DO | Ex-Officio (voting) | 3.00 |
Director
|
$0 | $0 | $0 |
| Ed Madigan | Trustee (start 1/2024) | 3.00 |
Director
|
$0 | $0 | $0 |
| Greg Neilley MD | Trustee (start 1/2024) | 3.00 |
Director
|
$0 | $0 | $0 |
| Michael Shea | Trustee (end 1/2024) | 3.00 |
Director
|
$0 | $0 | $0 |
| Iris Waitt | Trustee | 3.00 |
Director
|
$0 | $0 | $0 |
| James Callahan Esq | Chair (end 1/2024); Trustee | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Paul Faber | VC (end 1/24); Chair (start 1/24) | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Paula Hunter | Trustee; Vice Chair (start 1/2024) | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Thomas S Bates CPA | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Patricia Shuster | Clerk | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Richard D Scheinblum | VP Finance/CFO | 50.00 |
Officer
|
$287,766 | $25,884 | $313,650 |
| Vache Hambardzumyan MD | Physician | 41.50 |
Highest
|
$596,287 | $29,310 | $625,597 |
| Derek Anderson MD | Physician | 41.50 |
Highest
|
$436,575 | $39,479 | $476,054 |
| Daniel Perli MD | Physician/Chief Medical Officer | 50.00 |
Highest
|
$442,753 | $18,202 | $460,955 |
| Shawn Harrington MD | Physician | 41.50 |
Highest
|
$401,907 | $36,429 | $438,336 |
| Dmitry Tarasevich MD | Physician | 41.50 |
Highest
|
$396,554 | $18,073 | $414,627 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $128,008,734 | $122,252,408 | $203,243,687 | $5,756,326 |
| 2023 | $114,350,269 | $107,296,594 | $178,215,506 | $7,053,675 |
| 2022 | $105,277,810 | $98,839,362 | $164,422,071 | $6,438,448 |
| 2021 | $101,127,836 | $90,782,480 | $175,868,092 | $10,345,356 |
| 2020 | $103,082,260 | $92,089,045 | $165,576,325 | $10,993,215 |
| 2019 | $96,510,126 | $97,125,282 | $136,807,429 | $-615,156 |
| 2018 | $101,747,336 | $93,596,469 | $130,171,265 | $8,150,867 |
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