Brattleboro, VT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Brattleboro Memorial Hospital, founded in 1904, is a major nonprofit in the Health Care sector that reported $116.6M in total revenue in fiscal year 2023.
Brattleboro Memorial Hospital will provide community-based quality health services delivered with compassion and respect.
Provision of Hospital Care, both inpatient and outpatient services, on a region-wide basis. BMH provided healthcare services to approximately 2,549 inpatients and 178,078 outpatients throughout the...
Provision of Hospital Care, both inpatient and outpatient services, on a region-wide basis. BMH provided healthcare services to approximately 2,549 inpatients and 178,078 outpatients throughout the year.Brattleboro Memorial Hospital is a modern, well-equipped and professionally staffed community hospital which has been serving greater Brattleboro and the tri-state area since 1904. Throughout our more than a century of caring for our community, BMH has kept up with medical technology which, in turn, has drawn excellent physicians to our facility. The BMH Medical Staff boasts more than 100 board-certified physicians, active in both primary care and many specialties.
Charity Care:The Hospital's charity care program is designed to assist those patients who are either uninsured, underinsured or have limited financial resources that impact their ability to fully pay...
Charity Care:The Hospital's charity care program is designed to assist those patients who are either uninsured, underinsured or have limited financial resources that impact their ability to fully pay for their hospital care. Before completing an application for charity care, patients are first asked to investigate whether or not they may be eligible for Medicare, Medicaid, Veteran's Benefits or other governmental or public assistance programs.The Hospital's qualifications for charity care are as follows:1. Charity care is limited to medically necessary services. Patients receiving certain elective services, such as those considered cosmetic, investigational or experimental, are expected to make payment arrangements in advance, as these types of services are not covered by the charity care program.2. The patient's family income must be at or below 350% of the current Federal Poverty Income Guidelines for their applicable family size.The Hospital maintains records to identify and monitor the level of charity care it provides. These records include the amount of charges foregone for services and supplies furnished under its charity care policy, the estimated cost of those services and supplies and equivalent service statistics. The following information measures the level of the charity care provided during the year ended September 30, 2024:Equivalent percentage of charity care services to all services 0.75%In addition, the Hospital incurs a payment shortfall in the treatment of Medicaid patients. This government program reimburses for medical services at less than the costs incurred to provide those services. In September 30, 2024 and 2023, the Hospital incurred a shortfall of approximately $11,624,296 and $10,033,824, respectively, related to treating Medicaid patients.The Hospital also provided other community benefits upon which no monetary value has been placed.-Offers free smoking cessation classes.-Collaborates with other community agencies in publishing a community wellness calendar twice a year.
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 | $116,621,661 | $111,598,634 | +0.0% |
| Expenses | $119,874,907 | $113,175,769 | +0.1% |
| Net Income | $-3,253,246 | $-1,577,135 | +1.1% |
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 |
|---|---|---|---|---|---|---|
| Rhonda Calhoun | Board Chair | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sarah Swank | Board Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Carmen Derby | Board Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| John VP Meyer | Board Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Anne Bilodeau | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Paul Boutin | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Norma Hardy | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Chloe Learey | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Tammy Richards | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Mandracchia | Past Board Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Elizabeth McLarney MD | Board Member/Physician | 40.00 |
Director
|
$816,155 | $59,966 | $876,121 |
| Tony Blofson MD | Board Member/Physician | 40.00 |
Director
|
$207,616 | $46,446 | $254,062 |
| Christopher Dougherty | President & CEO | 40.00 |
Officer
|
$0 | $50,514 | $435,479 |
| Jennifer Griffey | Past CFO | 40.00 |
Officer
|
$0 | $37,198 | $259,183 |
| Laura Bruno | CFO | 40.00 |
Officer
|
$139,101 | $44,482 | $183,583 |
| Kathleen McGraw | Chief Medical Officer | 40.00 |
Key Emp
|
$411,479 | $49,639 | $461,118 |
| Jodi Stack | COO & CNO | 40.00 |
Key Emp
|
$262,833 | $18,431 | $281,264 |
| Dr Eric D Gallagher | Staff MD Ortho | 40.00 |
Highest
|
$635,108 | $54,383 | $689,491 |
| Timothy D Kelley | Staff MD Ortho | 40.00 |
Highest
|
$465,298 | $59,966 | $525,264 |
| Dr Craig A Rinder | Staff MD Urology | 40.00 |
Highest
|
$431,092 | $50,514 | $481,606 |
| Aida Avdic | Hospitalist | 40.00 |
Highest
|
$389,152 | $63,266 | $452,418 |
| Stephen H Fox | Staff MD Gen Surgery | 40.00 |
Highest
|
$386,242 | $49,410 | $435,652 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $116,621,661 | $119,874,907 | $103,465,911 | $-3,253,246 |
| 2023 | $111,598,634 | $113,175,769 | $103,886,025 | $-1,577,135 |
| 2022 | $102,068,101 | $105,011,898 | $100,056,798 | $-2,943,797 |
| 2021 | $94,984,604 | $94,885,528 | $104,110,921 | $99,076 |
| 2020 | $100,426,074 | $92,175,416 | $101,084,231 | $8,250,658 |
| 2019 | $88,826,053 | $86,807,830 | $80,602,363 | $2,018,223 |
| 2018 | $83,484,770 | $83,382,642 | $82,570,726 | $102,128 |
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