WESTBURY, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOUTH SHORE UNIVERSITY HOSPITAL C/O NORTHWELL HEALTH INC, founded in 1975, is a large national nonprofit in the Health Care sector that reported $1.1B in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.
SOUTH SHORE UNIVERSITY HOSPITAL IS PART OF NORTHWELL HEALTH ("NORTHWELL"), WHICH STRIVES TO IMPROVE THE HEALTH OF THE COMMUNITIES IT SERVES AND IS COMMITTED TO PROVIDING THE HIGHEST QUALITY CLINICAL CARE; EDUCATING THE CURRENT AND FUTURE GENERATIONS OF HEALTHCARE PROFESSIONALS; SEARCHING FOR NEW ADVANCES IN MEDICINE THROUGH THE CONDUCT OF BIOMEDICAL RESEARCH; PROMOTING HEALTH EDUCATION; AND CARING FOR THE ENTIRE COMMUNITY REGARDLESS OF THE ABILITY TO PAY.
South Shore University Hospital is tertiary hospital with the following inpatient services: medical/surgical, intensive and cardiac care unit, OB/GYN with a Level II Perinatal service, pediatrics...
South Shore University Hospital is tertiary hospital with the following inpatient services: medical/surgical, intensive and cardiac care unit, OB/GYN with a Level II Perinatal service, pediatrics, medical rehabilitation, brain injury and psychiatry. The Emergency Department is a designated Area Trauma Center and provides the Paramedic First Responder Program to the Town of Islip Residents. In 2023, South Shore University Hospital had 23,013 inpatient discharges, delivered 2,129 babies, provided 82,010 emergency department visits and performed 8,857 ambulatory surgeries, including endoscopies and cardiac catheterizations.
South Shore University Hospital Faculty Practice is an affiliated member of Northwell Health ("Northwell") and part of Northwell's medical group and ambulatory lines of service. It strives to make a...
South Shore University Hospital Faculty Practice is an affiliated member of Northwell Health ("Northwell") and part of Northwell's medical group and ambulatory lines of service. It strives to make a measurable difference in the health status of the communities it serves by providing comprehensive health care regardless of ability to pay.
South Shore University Hospital is a participant in New York State's Delivery System Reform Incentive Payment (DSRIP) program. The program's goals include reducing avoidable hospitalizations and...
South Shore University Hospital is a participant in New York State's Delivery System Reform Incentive Payment (DSRIP) program. The program's goals include reducing avoidable hospitalizations and ensuring that patients with Medicaid switch to a community-based care system that emphasizes preventative care over reliance on the emergency room. Among dozens of participants in DSRIP, South Shore University Hospital embodies the core values of this life-changing opportunity for hundreds of thousands of patients, many of whom live in lower-income and underserved communities where health and wellness can be improved.
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 | $1,069,961,305 | $975,282,356 | +0.1% |
| Expenses | $1,040,359,941 | $962,159,627 | +0.1% |
| Net Income | $29,601,364 | $13,122,729 | +1.3% |
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 |
|---|---|---|---|---|---|---|
| MICHAEL DOWLING | President & CEO | 0.0 |
Officer
Director
|
$0 | $70,612 | $9,042,544 |
| MARK SOLAZZO | Pres, Strategic Initiatives & | 0.0 |
Officer
|
$0 | $63,855 | $3,710,066 |
| MICHAEL NETT MD | Chair, Orthopaedic Surgery | 50.0 |
Highest
|
$2,149,650 | $78,507 | $2,228,157 |
| ROBERT KALIMI MD | Chair, Cardiothoracic Surgery | 50.0 |
Highest
|
$2,060,804 | $76,228 | $2,137,032 |
| HAROLD FERNANDEZ MD | Dir, Cardiothoracic Surgery | 50.0 |
Highest
|
$1,986,016 | $78,569 | $2,064,585 |
| KEITH REINHARDT MD | Chf, Joint Rplcmnt&Recon | 50.0 |
Highest
|
$1,816,935 | $78,569 | $1,895,504 |
| JOHN GONCALVES MD | Sys Dir, Endvsclr Crdvsclr Srg | 50.0 |
Highest
|
$1,768,259 | $78,507 | $1,846,766 |
| DAVID BATTINELLI | EVP & Physician in Chief | 0.0 |
Officer
|
$0 | $78,569 | $1,814,841 |
| MICHELE CUSACK | EVP & CFO | 0.0 |
Officer
|
$0 | $78,507 | $1,696,458 |
| JOSEPH MOSCOLA | EVP, Enterprise Services | 0.0 |
Officer
|
$0 | $50,769 | $1,651,192 |
| JEFFREY KRAUT | EVP Strategy | 0.0 |
Officer
|
$0 | $64,879 | $1,534,296 |
| EUGENE TANGNEY | SVP & Chf Bus Continuity & Cri | 0.0 |
Officer
|
$0 | $78,507 | $1,451,043 |
| RICHARD MILLER | EVP & Chf Business Strategy Of | 0.0 |
Officer
|
$0 | $63,119 | $1,401,009 |
| LAURENCE KRAEMER | EVP, Gen Coun, CLO & Asst Sec | 0.0 |
Officer
|
$0 | $69,888 | $1,372,753 |
| DONNA DRUMMOND | SVP & Chf Expense Officer | 0.0 |
Officer
|
$0 | $63,119 | $1,217,650 |
| KONSTANTINE COSTALAS | SVP, Managed Care | 0.0 |
Officer
|
$0 | $78,507 | $1,177,868 |
| DONNA MORAVICK | Executive Director | 0.0 |
Key Emp
|
$0 | $64,637 | $1,052,433 |
| RALPH NAPPI | EVC | 0.0 |
Officer
Director
|
$0 | $64,637 | $1,036,826 |
| MARK GLOADE | SVP, Dep Gen Coun, Dep CLO & A | 0.0 |
Officer
|
$0 | $78,507 | $1,022,226 |
| HARRY GINDI | Assistant Secretary | 0.0 |
Officer
|
$0 | $64,637 | $470,207 |
| MARK CLASTER | Vice Chairman | 0.0 |
Officer
Director
|
$0 | $0 | $324,306 |
| MARGARET CROTTY | Chairman | 0.0 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL EPSTEIN | Immediate Past Chairman | 0.0 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD GOLDSTEIN | Vice Chairman | 0.0 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM MACK | Vice Chairman | 0.0 |
Officer
Director
|
$0 | $0 | $0 |
| BARRY RUBENSTEIN | Vice Chairman | 0.0 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT ROSENTHAL | Treasurer | 0.0 |
Officer
Director
|
$0 | $0 | $0 |
| DONALD ZUCKER | Secretary | 0.0 |
Officer
Director
|
$0 | $0 | $0 |
| NON COMPENSATED TRUSTEES | SEE SCHEDULE O | 0.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,069,961,305 | $1,040,359,941 | $772,721,148 | $29,601,364 |
| 2022 | $975,282,356 | $962,159,627 | $705,080,282 | $13,122,729 |
| 2022 | $975,282,356 | $962,159,627 | $705,080,282 | $13,122,729 |
| 2021 | $912,117,622 | $889,069,070 | $608,138,331 | $23,048,552 |
| 2020 | $780,287,744 | $790,096,175 | $537,264,084 | $-9,808,431 |
| 2019 | $728,270,879 | $718,675,282 | $465,657,019 | $9,595,597 |
| 2018 | $637,061,014 | $657,039,578 | $403,688,970 | $-19,978,564 |
Compare SOUTH SHORE UNIVERSITY HOSPITAL C/O NORTHWELL HEALTH INC with other nonprofits in New York and across the country.