WESTBURY, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHWELL HEALTHCARE INC, founded in 1990, is a large national nonprofit in the Health Care sector that reported $2.7B in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $2.6B left a modest 4% surplus.
NORTHWELL HEALTHCARE INC. COORDINATES POLICY MAKING AND STRATEGIC PLANNING BY PROVIDING ADVISORY AND ADMINISTRATIVE SUPPORT SERVICES TO AFFILIATED HEALTH CARE ORGANIZATIONS WITHIN NORTHWELL HEALTH; WHOSE MISSION IS 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 COMMUNITY EDUCATION; AND CARING FOR THE ENTIRE COMMUNITY REGARDLESS OF THE ABILITY TO PAY.
NORTHWELL HEALTHCARE, INC COORDINATES POLICY MAKING & LONG-RANGE STRATEGIC PLANNING. PROVIDES ADVISORY AND ADMINISTRATIVE SUPPORT SERVICES TO THOSE ENTITIES UNDER COMMON CONTROL. ESTABLISHES AND...
NORTHWELL HEALTHCARE, INC COORDINATES POLICY MAKING & LONG-RANGE STRATEGIC PLANNING. PROVIDES ADVISORY AND ADMINISTRATIVE SUPPORT SERVICES TO THOSE ENTITIES UNDER COMMON CONTROL. ESTABLISHES AND CONDUCTS COMMUNITY EDUCATIONAL PROGRAMS RELATING TO THE PROMOTION OF HEALTH AND GENERAL WELFARE.
HOMECARE PROVIDES ADMINISTRATIVE SERVICES TO AFFILIATED HEALTH CARE ORGANIZATIONS WITHIN NORTHWELL HEALTH. THE EXPENSES WERE INCURRED IN PROVIDING SUCH SUPPORT.
CARE SOLUTIONS IS RESPONSIBLE FOR NORTHWELL HEALTH'S CARE MANAGEMENT PROGRAMS TO SUPPORT PHYSICIANS AND PATIENTS IN COORDINATING CARE AND DELIVERING QUALITY OUTCOMES.
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 | $2,686,059,921 | $2,459,986,464 | +0.1% |
| Expenses | $2,568,331,181 | $2,189,133,342 | +0.2% |
| Net Income | $117,728,740 | $270,853,122 | -0.6% |
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 | 50.0 |
Officer
Director
|
$5,867,706 | $75,656 | $5,943,362 |
| MARK SOLAZZO | Pres, Strategic Initiatives & | 50.0 |
Officer
|
$3,747,876 | $68,435 | $3,816,311 |
| MICHELE CUSACK | EVP & CFO | 50.0 |
Officer
|
$1,904,871 | $85,322 | $1,990,193 |
| DAVID BATTINELLI | EVP & Physician in Chief | 50.0 |
Officer
|
$1,809,811 | $85,392 | $1,895,203 |
| DEBORAH SCHIFF | EVP, Amb Strategy & Bus Dvlp | 50.0 |
Highest
|
$1,784,891 | $69,777 | $1,854,668 |
| JOSEPH MOSCOLA | EVP, Enterprise Services | 50.0 |
Officer
|
$1,718,437 | $57,376 | $1,775,813 |
| JASON NAIDICH | SVP, Chief Learning & Innovati | 50.0 |
Highest
|
$1,615,888 | $85,392 | $1,701,280 |
| LAURENCE KRAEMER | EVP, Gen Coun, CLO & Asst Sec | 50.0 |
Officer
|
$1,607,684 | $69,777 | $1,677,461 |
| JEFFREY KRAUT | EVP Strategy | 50.0 |
Officer
|
$1,596,503 | $70,806 | $1,667,309 |
| JILL KALMAN | EVP, CMO & Deputy Physician-in | 50.0 |
Highest
|
$1,583,993 | $69,777 | $1,653,770 |
| KEVIN BEINER | EVP/President, Western Market | 50.0 |
Highest
|
$1,577,175 | $54,164 | $1,631,339 |
| JOHN D'ANGELO | EVP/President, Central Market | 50.0 |
Highest
|
$1,545,078 | $85,392 | $1,630,470 |
| DONNA DRUMMOND | SVP & Chf Expense Officer | 50.0 |
Officer
|
$1,234,114 | $68,023 | $1,302,137 |
| KONSTANTINE COSTALAS | SVP, Managed Care | 50.0 |
Officer
|
$1,155,218 | $85,322 | $1,240,540 |
| MARK GLOADE | SVP, Dep Gen Coun, Dep CLO & A | 50.0 |
Officer
|
$1,084,683 | $85,322 | $1,170,005 |
| RALPH NAPPI | EVC | 50.0 |
Officer
Director
|
$997,705 | $69,731 | $1,067,436 |
| HARRY GINDI | Assistant Secretary | 50.0 |
Officer
|
$424,042 | $69,731 | $493,773 |
| MARK CLASTER | Vice Chairman | 2.0 |
Officer
Director
|
$324,255 | $0 | $324,255 |
| MARGARET CROTTY | Chairman | 3.0 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL EPSTEIN | Immediate Past Chairman | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD GOLDSTEIN | Vice Chairman | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM MACK | Vice Chairman | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| BARRY RUBENSTEIN | Vice Chairman | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT ROSENTHAL | Treasurer | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| DONALD ZUCKER | Secretary | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| NON-COMPENSATED TRUSTEES | SEE SCHEDULE O | 2.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,686,059,921 | $2,568,331,181 | $8,486,526,674 | $117,728,740 |
| 2023 | $2,459,986,464 | $2,189,133,342 | $6,722,693,502 | $270,853,122 |
| 2022 | $2,049,436,022 | $2,050,230,893 | $4,370,640,028 | $-794,871 |
| 2021 | $2,322,381,351 | $1,979,052,567 | $4,743,413,789 | $343,328,784 |
| 2020 | $1,786,239,226 | $1,784,913,235 | $4,009,743,316 | $1,325,991 |
| 2019 | $1,648,561,404 | $1,692,069,928 | $3,352,498,467 | $-43,508,524 |
| 2018 | $1,587,832,266 | $1,425,792,372 | $2,557,524,622 | $162,039,894 |
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