CHARLESTOWN, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ANNA JAQUES HOSPITAL INC, founded in 1884, is a major nonprofit in the Health Care sector that reported $145.8M in total revenue in fiscal year 2023. Expenses of $174.5M exceeded revenue, resulting in a 20% operating deficit.
HOUSING ALLOWANCES WERE PROVIDED TO ONE FORMER OFFICER, ONE KEY EMPLOYEE, AND ONE OFFICER DURING THE YEAR. THIS BENEFIT WAS TREATED AS PART OF THEIR TAXABLE COMPENSATION.
OUTPATIENT CLINICS AND SERVICES ANNA JAQUES HOSPITAL PROVIDES A COMPREHENSIVE PROGRAM OF CLINICAL SERVICES ENCOMPASSING GENERAL INTERNAL MEDICINE AND ALL THE SUBSPECIALTIES OF INTERNAL MEDICINE...
OUTPATIENT CLINICS AND SERVICES ANNA JAQUES HOSPITAL PROVIDES A COMPREHENSIVE PROGRAM OF CLINICAL SERVICES ENCOMPASSING GENERAL INTERNAL MEDICINE AND ALL THE SUBSPECIALTIES OF INTERNAL MEDICINE, COVERING THE GAMUT OF SERVICES FROM PRIMARY TO TERTIARY CARE AS WELL AS PROVIDING SURGICAL SERVICES ON AN OUTPATIENT BASIS. THE HOSPITAL'S MEDICAL STAFF BLENDS EXPERIENCED PRIMARY CARE PHYSICIANS AND SPECIALISTS IN A WIDE VARIETY OF DISCIPLINES. THE PRIMARY CARE AND SPECIALISTS AT AJH PROVIDE OUTPATIENT PRIMARY CARE AS WELL AS GASTROINTESTINAL, OPHTHALMOLOGIC, ORTHOPEDIC, CARDIAC, DERMATOLOGIC, UROLOGICAL AND PODIATRIC PROCEDURES, PAIN MANAGEMENT, CARDIAC REHABILITATION, PULMONARY REHABILITATION, DIABETES MANAGEMENT SERVICES, AND NUTRITIONAL COUNSELING. DIAGNOSTIC FACILITIES AT AJH INCLUDE A COMPLETE 24-HOUR LABORATORY AND BLOOD BANKING SERVICES AS WELL AS DIAGNOSTIC IMAGING INCLUDING CT SCANNING, ULTRASOUND, MRI, 3D MAMMOGRAPHY, ULTRASONIC CARDIOGRAPHY, BONE DENSITOMETRY, NUCLEAR MEDICINE, PLAIN FILM RADIOLOGY AND FLUOROSCOPY. THE ANNA JAQUES CANCER CENTER CANCER, AFFILIATED WITH BETH ISRAEL DEACONESS MEDICAL CENTER, PROVIDES A FULL ARRAY OF COMMUNITY-BASED CANCER SERVICES IN NEWBURYPORT AND WHEN NEEDED, ADVANCED TREATMENT OPTIONS AND SPECIALISTS AT BIDMC IN BOSTON. DURING THE PERIOD COVERED BY THIS FILING, ANNA JAQUES HOSPITAL HAD 212,666 OUTPATIENT ENCOUNTERS. THIS INCLUDED 7,471 HOSPITAL CLINIC ENCOUNTERS, 1,456 OBSERVATION CASES, 9,638 PAIN CLINIC VISITS, 1,257 WOUND CENTER VISITS, 3,466 OUTPATIENT AMBULATORY SURGERIES, 3,748 OUTPATIENT ENDOSCOPY VISITS, 5,558 OUTPATIENT ONCOLOGY VISITS, 3,854 OUTPATIENT ONCOLOGY INFUSIONS, 8,967 OUTPATIENT EKG EXAMS, 1,084 OUTPATIENT ORTHOPEDIC PROCEDURES, 24,662 OUTPATIENT RADIOLOGY EXAMS, 16,771 OUTPATIENT CT SCANS, 17,139 OUTPATIENT ULTRASOUNDS, 7,146 OUTPATIENT MRIS, 753 OTHER NUCLEAR MEDICINE TESTS, 14,601 BREAST IMAGING EXAMS, 515,130 OUTPATIENT LAB TESTS, 16,481 OUTPATIENT REHABILITATION/PHYSICAL THERAPY VISITS, AND 35,705 OTHER TESTS AND PROCEDURES.
INPATIENT MEDICAL / SURGICAL AND INTENSIVE CARE ANNA JAQUES HOSPITAL (AJH OR HOSPITAL) IS A 119-BED ACUTE CARE HOSPITAL THAT SERVES PATIENTS OF ALL AGES AND SERVES COMMUNITIES IN NORTHERN...
INPATIENT MEDICAL / SURGICAL AND INTENSIVE CARE ANNA JAQUES HOSPITAL (AJH OR HOSPITAL) IS A 119-BED ACUTE CARE HOSPITAL THAT SERVES PATIENTS OF ALL AGES AND SERVES COMMUNITIES IN NORTHERN MASSACHUSETTS AND SOUTHERN NEW HAMPSHIRE. THE HOSPITAL PROVIDES A WIDE RANGE OF INPATIENT CARE INCLUDING MEDICAL SURGICAL SERVICES, OBSTETRICS, INTENSIVE AND CARDIAC CARE AND COMPLETE DIAGNOSTIC FACILITIES. AJH INPATIENT FACILITIES INCLUDE 63 MEDICAL/SURGICAL BEDS AND AN 8 BED INTENSIVE UNIT. THE 12-BED BIRTH CENTER SEES 597 DELIVERIES ANNUALLY AND ALSO SUPPORTS MOTHERS WITH HIGH-RISK PREGNANCIES WITH THE LEVEL IIB NEONATAL CARE CENTER. THE HOSPITAL HAS A SURGICAL SUITE WITH SIX FULLY EQUIPPED OPERATING ROOMS INCLUDING A CARDIAC CATHETERIZATION LABORATORY, FOUR AMBULATORY PROCEDURE ROOMS AND A POST-OPERATIVE CARE UNIT. SURGICAL SERVICES ARE AVAILABLE 24 HOURS A DAY FOR CRITICALLY ILL OR INJURED PATIENTS REQUIRING IMMEDIATE SURGICAL INTERVENTION, OR FOR OTHER PATIENTS ON A NON-EMERGENT OR ELECTIVE BASIS. AJH IS THE ONLY COMMUNITY HOSPITAL IN THE REGION TO PROVIDE INPATIENT PSYCHIATRIC SERVICES TO ADULTS, ADOLESCENTS AND CHILDREN. INPATIENT PSYCHIATRIC CARE AT ANNA JAQUES HOSPITAL PROVIDES SHORT-TERM, ACUTE INPATIENT CARE TO ADULTS AND ADOLESCENTS AGES 16 AND OLDER WITH A BROAD SPECTRUM OF PSYCHIATRIC PROBLEMS. THE INPATIENT PROGRAM IS A 20-BED ACUTE CARE CO-ED UNIT. THE ANNA JAQUES CHILD AND ADOLESCENT PSYCHIATRY PROGRAM PROVIDES STRUCTURED AND SECURE INPATIENT PSYCHIATRIC SERVICES TO CHILDREN AND ADOLESCENTS AGES 4-17. THE 16-BED PROGRAM OFFERS SHORT-TERM INPATIENT TREATMENT AND STABILIZATION. AJH'S SURGEONS PERFORM ORTHOPEDIC PROCEDURES AND IMPLANTS, PLASTIC RECONSTRUCTION, GASTROINTESTINAL, GENERAL SURGICAL (INCLUDING BREAST) GYNECOLOGICAL, OPHTHALMOLOGIC, PODIATRIC, AND UROLOGICAL PROCEDURES. PATIENTS ARE UNDER THE CARE OF THE HOSPITAL'S MEDICAL STAFF, HOSPITALISTS AND/OR GENERAL SURGEONS ALONG WITH NURSES AND PHYSICIAN ASSISTANTS WHO ARE TRAINED IN CARING FOR PATIENTS WITH COMPLEX MEDICAL NEEDS, INCLUDING INTENSIVISTS IN THE ICU. THE NURSING CARE TEAM CONSISTS OF REGISTERED NURSES, SURGICAL TECHNICIANS AND QUALIFIED ANCILLARY PERSONNEL WORKING COLLABORATIVELY WITH SURGICAL AND ANESTHESIA PHYSICIANS. DURING THE PERIOD OCTOBER 1, 2023 TO SEPTEMBER 30, 2024, ANNA JAQUES HOSPITAL HAD 5,371 INPATIENT DISCHARGES WITH 25,024 PATIENT DAYS, AND 578 TOTAL INPATIENT SURGERIES. ADULT PSYCH DAYS WERE 3,851 AND PEDI PSYCH DAYS WERE 2,274.
EMERGENCY DEPARTMENT ANNA JAQUES HOSPITAL'S EMERGENCY DEPARTMENT (ED) IS OPEN 24 HOURS A DAY, 7 DAYS A WEEK AND PROVIDES EMERGENCY CARE TO ALL PATIENTS, REGARDLESS OF ABILITY TO PAY. THE PHYSICIANS...
EMERGENCY DEPARTMENT ANNA JAQUES HOSPITAL'S EMERGENCY DEPARTMENT (ED) IS OPEN 24 HOURS A DAY, 7 DAYS A WEEK AND PROVIDES EMERGENCY CARE TO ALL PATIENTS, REGARDLESS OF ABILITY TO PAY. THE PHYSICIANS PROVIDE AROUND THE CLOCK PHYSICIAN PATIENT CARE COVERAGE AND MEDICAL DIRECTION OF THE AJH EMERGENCY DEPARTMENT. A HIGHLY TRAINED NURSING STAFF ALSO PROVIDES CARE TO PATIENTS IN THE ED. AJH OPERATES AS A LEVEL III TRAUMA CENTER AND CERTIFIED STROKE CENTER. THE HOSPITAL OPERATES A TELE-STROKE PROGRAM WITH BETH ISRAEL DEACONESS MEDICAL CENTER WHERE NEUROLOGICAL IMAGES CAN BE TRANSMITTED BETWEEN AJH AND BIDMC, MEANING THAT PATIENTS IN THE GREATER NEWBURYPORT AREA HAVE ACCESS TO THE SAME WORLD-CLASS SPECIALISTS AS PATIENTS AT BIDMC IN BOSTON. THE SYSTEM FACILITATES, WHEN NECESSARY, MULTI-DISCIPLINARY EVALUATION OF IMAGES, RESULTING IN IMPROVED TECHNICAL PERFORMANCE AND FEEDBACK AND DIAGNOSES WITH GREATER DIAGNOSTIC ACCURACY. DURING THE FISCAL PERIOD OCTOBER 1, 2023 TO SEPTEMBER 30, 2024, ANNA JAQUES HOSPITAL HAD 23,825 EMERGENCY DEPARTMENT VISITS. IN ADDITION TO THE PROGRAM SERVICE ACCOMPLISHMENTS NOTED ABOVE, THE BILH NETWORK HAD SIGNIFICANT ACTIVITIES ACROSS ENTITIES RELATED TO BOTH BEHAVIORAL HEALTH AND OTHER HEALTHCARE INITIATIVES. SEE THE NARRATIVE SUPPORT FOR SCHEDULE H FOR ADDITIONAL DETAILS.
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 | $145,773,360 | $149,477,423 | 0.0% |
| Expenses | $174,531,701 | $163,230,546 | +0.1% |
| Net Income | $-28,758,341 | $-13,753,123 | +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 |
|---|---|---|---|---|---|---|
| ROWAN MICHAEL | TTEE(EXO)(CEO DESIG)EVP HOS&AMB BILH | 1.00 |
Director
|
$0 | $2,401,778 | $4,703,895 |
| SHORETT PETER | TTEE(CEO DESIG) (SR EVP & COO, BILH) | 1.00 |
Director
|
$0 | $48,246 | $1,607,722 |
| NASEER-GHIASUDDIN MD SAIRA | TTEE; PHYSICIAN, INTERNAL MEDICINE | 1.00 |
Director
|
$0 | $47,918 | $1,086,280 |
| PURSLEY MD DEWAYNE M | TTEE; (NEONAT CHIEF BIDMC/CHR HMFP) | 1.00 |
Director
|
$0 | $94,138 | $856,000 |
| FOCHT MD GLENN | PRESIDENT & TRUSTEE (EX-OFFICIO) | 55.00 |
Officer
Director
|
$540,599 | $10,118 | $550,717 |
| KERR-FERNANDEZ MD JANE | TTEE (EX-OFF) (PRES, MEDICAL STAFF) | 1.00 |
Director
|
$0 | $44,977 | $369,705 |
| CONNOLLY ESQ GRACE GONZALEZ | TRUSTEE & CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TRIM JEAN | TRUSTEE & VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALLARD NATE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BOUTON PHD CHRISTOPHER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CANNON PATRICIA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CLANCY MARY ANNE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| COSTELLO MICHAEL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| COUSINS JR FRANK G | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CUSTODIA-LORA NOEMI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| FELTER TIMOTHY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| FUNG MD CLAIRE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GHIASUDDIN MD SALMAN | TRUSTEE; CARDIOLOGIST | 1.00 |
Director
|
$0 | $0 | $0 |
| KHATIB MATT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDNER CHRISTOPHER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NADEAU NICOLE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PIENIAZEK MATT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PURINTON ELIZABETH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SEYMOUR MD PETER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SHENK III WILBUR | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TARKAN MD JOSHUA | TTEE (EX-OFF) (PRES, MEDICAL STAFF) | 1.00 |
Director
|
$0 | $0 | $0 |
| WILEY MARGARET | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TABB MD KEVIN | CEO (EX-OFF) (CEO, BILH) | 1.00 |
Officer
|
$0 | $1,097,028 | $5,410,415 |
| RIOS CINDY | TREAS (EX-OFF) (EXEC VP & CFO, BILH) | 1.00 |
Officer
|
$0 | $217,736 | $1,689,163 |
| KATZ ESQ JAMIE | CLERK (EX-OFF); GENERAL COUNSEL BILH | 1.00 |
Officer
|
$0 | $32,002 | $1,302,177 |
| BOYD ESQ STEPHEN | ASST CLERK (DIV VP DEP GC COMM BILH) | 1.00 |
Officer
|
$0 | $15,921 | $329,981 |
| MATLOCK JOHN | CFO & ASST TREAS (EX-OFF) | 55.00 |
Officer
|
$235,962 | $10,813 | $246,775 |
| MULKERN NICOLE | ASST TREAS (EX-OFF) & INT ASST CFO | 1.00 |
Officer
|
$0 | $16,222 | $180,560 |
| KIM ESQ GRACE | ASST CLERK (ASST GEN COUNSEL, BILH) | 1.00 |
Officer
|
$0 | $14,808 | $178,380 |
| BEAUMIER MBACPAMHA GREGORY | ASST TREAS (EX-OFF) & CFO | 1.00 |
Officer
|
$0 | $12,239 | $139,821 |
| HWANG JOSEPH | CHIEF OPERATING OFFICER, AJH | 1.00 |
Key Emp
|
$0 | $45,505 | $576,324 |
| GENDREAU MD MARK | CHIEF MEDICAL OFFICER, AJH | 1.00 |
Key Emp
|
$0 | $36,573 | $527,542 |
| PERRYMAN RN NE-BC KIMBERLY | CHIEF NURSING OFFICER | 1.00 |
Key Emp
|
$0 | $33,161 | $487,992 |
| BUGALLO-MUROS MARIANA | INTERIM VP, HR BUSINESS PARTNER | 55.00 |
Key Emp
|
$248,325 | $0 | $248,325 |
| BOURNE MD KATHERINE A | ANESTHESIOLOGIST | 55.00 |
Highest
|
$577,474 | $77,155 | $654,629 |
| ENEMAN MD JONATHAN | ONCOLOGIST | 55.00 |
Highest
|
$499,734 | $71,852 | $571,586 |
| DESIMONE MD OLGA | NEONATOLOGIST | 55.00 |
Highest
|
$208,819 | $62,843 | $271,662 |
| ANDERSON MD MARIANNE S | NEONATOLOGIST | 55.00 |
Highest
|
$219,578 | $43,883 | $263,461 |
| BURKE DEBORAH | LEAD NURSING SUPERVISOR | 55.00 |
Highest
|
$212,576 | $3,770 | $216,346 |
| GOLDSTEIN MARK | FRMR PRES & TTEE (EX-OFF) | 0.00 |
|
$652,432 | $207,395 | $859,827 |
| BRICKMAN JEFFREY L | FRMR INTERIM PRES & TTEE (EX-OFF) | 0.00 |
|
$358,391 | $0 | $358,391 |
| SOLDANO JOSEPH | FRMR CO-INT CFO; DIR, FIN PLANNING | 0.00 |
|
$188,041 | $39,230 | $227,271 |
| MAKI DN RN RICHARD | FORMER CHIEF NURSING OFFICER | 0.00 |
|
$582,840 | $160,892 | $743,732 |
| CROWLEY SMITH JOANNE | FRMR INTERIM VP, HR BUSINESS PARTNER | 0.00 |
|
$0 | $53,779 | $431,568 |
| AHERN SEAN | FORMER CHIEF OPERATING OFFICER | 0.00 |
|
$214,269 | $19,977 | $234,246 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $145,773,360 | $174,531,701 | $107,897,217 | $-28,758,341 |
| 2023 | $149,477,423 | $163,230,546 | $112,415,504 | $-13,753,123 |
| 2022 | $138,657,927 | $150,185,993 | $114,520,671 | $-11,528,066 |
| 2021 | $143,003,241 | $143,044,615 | $136,785,580 | $-41,374 |
| 2020 | $126,639,967 | $133,571,306 | $104,230,488 | $-6,931,339 |
| 2019 | $136,949,236 | $135,301,603 | $92,319,549 | $1,647,633 |
| 2018 | $131,753,495 | $130,626,411 | $88,866,592 | $1,127,084 |
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