New London, NH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The New London Hospital Association Inc, founded in 1918, is a major nonprofit in the Health Care sector that reported $110.5M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $98.8M left a modest 11% surplus.
The mission of the New London Hospital Association is To continually improve the wellbeing of individuals in our region by providing high-quality healthcare to our communities.
NEW LONDON HOSPITAL ASSOCIATION, INC. (NLHA) IS THE PRINCIPAL PROVIDER OF PRIMARY AND SECONDARY HEALTH CARE FOR 15 TOWNS IN SULLIVAN AND MERRIMACK COUNTIES IN NEW HAMPSHIRE. THE HOSPITAL PROVIDES...
NEW LONDON HOSPITAL ASSOCIATION, INC. (NLHA) IS THE PRINCIPAL PROVIDER OF PRIMARY AND SECONDARY HEALTH CARE FOR 15 TOWNS IN SULLIVAN AND MERRIMACK COUNTIES IN NEW HAMPSHIRE. THE HOSPITAL PROVIDES ACUTE AND PRIMARY HEALTH CARE - FROM EMERGENCY SERVICES TO FAMILY MEDICAL PRACTICE TO SURGICAL CARE AND ESSENTIAL WELLNESS AND PREVENTION SERVICES FOR THE 33,000 RESIDENTS IN ITS SERVICE AREA, A SIGNIFICANT PORTION OF WHOM ARE UNINSURED, UNDER-INSURED, AND/OR DEPENDENT ON MEDICAID/MEDICARE BENEFITS. THIS INCLUDES A LARGELY ELDERLY POPULATION AND A SIGNIFICANT NUMBER OF RURAL, LOW-INCOME FAMILIES. NLHA EMPLOYED 36 PROVIDERS IN FISCAL YEAR 2025, OF WHICH 19 WERE PRIMARY CARE AND PEDIATRICS, AND 17 WERE SPECIALTY PROVIDERS COVERING ANESTHESIOLOGY, EMERGENCY MEDICINE, AND HOSPITALISTS. DURING FISCAL YEAR 2025, NLHA HAD A TOTAL OF 1,889 DISCHARGES, CONSISTING OF 6,843 PATIENT DAYS AND ATTENDED TO 18,798 EMERGENCY ROOM VISITS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $110,479,200 | $100,074,911 | +0.1% |
| Expenses | $98,836,409 | $93,535,430 | +0.1% |
| Net Income | $11,642,791 | $6,539,481 | +0.8% |
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 |
|---|---|---|---|---|---|---|
| Jane Rastallis | Trustee / Secretary | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| John Hollinger | Trustee/Chair | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Karen Bonewald | Trustee / Treasurer | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Lauren Geddes Wirth MD | Trustee/President/CEO-Interim Ex-officio | 40.0 |
Officer
Director
|
$312,880 | $61,066 | $487,939 |
| Lisa Rubenberg | Trustee/Medical Staff President (as of 1/1/25) | 40.0 |
Officer
Director
|
$256,369 | $60,194 | $316,563 |
| Michael Madan MD | Trustee / Medical Staff President (through 12/31/24) | 40.0 |
Officer
Director
|
$380,655 | $23,292 | $403,947 |
| Steve Allenby | Trustee/Vice Chair | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Casey Biuso | Trustee | 0.5 |
Director
|
$0 | $0 | $0 |
| Christopher Martin | Trustee | 0.5 |
Director
|
$0 | $0 | $0 |
| Craig W Beck | Trustee | 0.5 |
Director
|
$0 | $77,555 | $462,284 |
| Jean Ten Haken MSN RN CENP | Trustee (through 5/21/25) | 0.5 |
Director
|
$0 | $17,422 | $292,167 |
| John Kirk | Trustee / Physician | 2.0 |
Director
|
$0 | $0 | $0 |
| Kate Hoyt | Trustee | 0.5 |
Director
|
$0 | $0 | $0 |
| Keith Barrett | Trustee | 0.5 |
Director
|
$0 | $0 | $0 |
| MARK PITKIN | TRUSTEE | 0.5 |
Director
|
$0 | $0 | $0 |
| Matthew Haag | Trustee | 0.5 |
Director
|
$0 | $43,749 | $561,337 |
| Michael Jarzombek PsyD | Trustee | 0.5 |
Director
|
$0 | $0 | $0 |
| Michael Liberty | Trustee | 0.5 |
Director
|
$0 | $0 | $0 |
| Peter NICHOLS | Trustee | 0.5 |
Director
|
$0 | $0 | $0 |
| Robert Friedlander Jr | Trustee | 0.5 |
Director
|
$0 | $0 | $0 |
| Sally Kraft MD | Trustee | 40.0 |
Director
|
$0 | $48,259 | $408,498 |
| Samuel Shields | Trustee | 0.5 |
Director
|
$0 | $30,060 | $429,207 |
| Shannon MacMichael | Trustee | 0.5 |
Director
|
$0 | $0 | $0 |
| Wendy Fielding | Trustee | 0.5 |
Director
|
$0 | $68,364 | $605,888 |
| Lisa Cohen | CHIEF FINANCIAL OFFICER | 40.0 |
Officer
|
$224,608 | $31,043 | $255,651 |
| Karen Beinhaur | Chief Nursing Officer | 40.0 |
Key Emp
|
$214,509 | $52,049 | $266,558 |
| Lori Underwood | Chief Operating Officer | 40.0 |
Key Emp
|
$221,855 | $49,259 | $271,114 |
| Brian Frenkiewich | Physician | 40.0 |
Highest
|
$389,463 | $62,886 | $452,349 |
| Champa Abeysinghe | Physician | 40.0 |
Highest
|
$306,666 | $32,316 | $338,982 |
| Pineal Bekere | Physician | 40.0 |
Highest
|
$275,561 | $18,564 | $294,125 |
| Stephen Bissah MD | PHYSICIAN | 40.0 |
Highest
|
$414,855 | $64,958 | $479,813 |
| Stephen Jumper | Physician | 40.0 |
Highest
|
$275,162 | $18,564 | $293,726 |
| Martin T Manion | Former CEO | 0.0 |
|
$0 | $22,728 | $520,572 |
| Susan A Reeves EDD RN | Former Vice Chair | 0.0 |
|
$0 | $12,996 | $229,592 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $110,479,200 | $98,836,409 | $145,555,314 | $11,642,791 |
| 2024 | No data | No data | No data | No data |
| 2023 | $94,507,808 | $86,687,314 | $118,204,798 | $7,820,494 |
| 2022 | $87,575,230 | $79,301,140 | $114,735,565 | $8,274,090 |
| 2021 | $67,135,747 | $71,974,350 | $114,149,276 | $-4,838,603 |
| 2020 | $65,376,393 | $66,548,719 | $104,740,465 | $-1,172,326 |
| 2019 | $66,136,326 | $64,045,333 | $88,540,634 | $2,090,993 |
| 2018 | $65,480,330 | $65,414,032 | $87,292,728 | $66,298 |
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