NEWBURGH, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)St Luke's Cornwall Hospital, founded in 2002, is a major nonprofit in the Health Care sector that reported $268.2M in total revenue in fiscal year 2023.
MONTEFIORE ST. LUKE'S CORNWALL HOSPITAL, A MEMBER OF THE MONTEFIORE HEALTH SYSTEM, IS DEDICATED TO PROVIDE HIGH QUALITY, SAFE, EQUITABLE AND EXTRAORDINARY HEALTHCARE THAT: PATIENTS RECOMMEND, PHYSICIANS PREFER, EMPLOYEES ARE PROUD OF, AND THE HUDSON VALLEY TRUSTS. OUR VISION IS TO BE THE LEADER OF EXCEPTIONAL, EQUITABLE, AND ACCESSABLE CARE THAT ADVANCES THE HEALTH AND WELL-BEING OF OUR COMMUNITY.
Montefiore St. Luke's Cornwall (MSLC) is a two-Campus 242-bed acute care hospital located in Newburgh, NY, with a robust Ambulatory Center in Cornwall, NY, and satellite locations in Newburgh, New...
Montefiore St. Luke's Cornwall (MSLC) is a two-Campus 242-bed acute care hospital located in Newburgh, NY, with a robust Ambulatory Center in Cornwall, NY, and satellite locations in Newburgh, New Windsor, and Fishkill, NY. For nearly 150 years, MSLC has been a cornerstone of high-quality healthcare, fostering a healing environment through community collaboration, dedicated staff, and a rich history. The Newburgh campus is inclusive of an Emergency Department, Level III Trauma Center, Intensive Care Unit, Birthing Center, Neonatal Intensive Care Unit and much more. In 2023, MSLC expanded its Cardiovascular Services with the newly transformed Kaplan Family Center for Cardiovascular Medicine and Interventional Radiology, which includes three state of the art Cardiac Catheterization Rooms. In addition, MSLC has vastly expanded its surgical services with the addition of Metabolic and Bariatric Surgery, Robotic Surgery, Thoracic Surgery, and advanced surgical technologies used in the treatment of urologic disorders. The Cornwall Campus has transformed into a robust outpatient center including a comprehensive Imaging Center, the Medical Group at MSLC which includes Primary and Specialty care, outpatient laboratory services, rehabilitative medicine, vascular services, dialysis, pain management, and wound care. The campus also includes the Littman Cancer Center, which offers the latest technology in radiation therapy with its newly installed Radixact system, which precisely treats cancer. This new equipment not only provides cutting edge radiation therapy but also reduces the number of necessary radiation treatments for patients undergoing cancer care. Additionally, the Infusion suite on the Cornwall campus offers everything from antibiotic treatments to chemotherapy. MSLC is proud to include a Graduate Medical Education Program, through its Internal Medicine Residency program, which was originally established in that is helping to shape the future of medicine in the Hudson Valley, offering both inpatient experience and in the outpatient setting within MSLC's Medical Practice, through the Medical Group at Montefiore St. Luke's Cornwall. MSLC experienced a great deal of growth in 2023. * On the Cornwall campus, MSLC completed extensive renovations of the main lobby to create the Joan Cusack- McGuirk Welcome and Navigation Center, streamlining how patients access care. * Recognizing the growing demand of patients with Behavioral Health needs, MSLC established an in-house Behavioral Health program with Telepsychiatry. * In collaboration with its medical staff and community members, MSLC proudly established Patient Blood Management and Bloodless Medicine Program. The program formalizes our commitment to appropriate use of blood products and to developing a culturally competent workforce that respects patient choices. * MSLC's Internal Medicine Residency Program achieved ten-year accreditation, solidifying its commitment to graduate medical education. These enhancements complement MSLC's robust existing offerings with Centers of Excellence in Cancer Care, Cardiovascular Care, Angioplasty, Cardiac Rehabilitation, Orthopedics and Sports Medicine, and Metabolic and Bariatric Surgery. Providing exceptional care is at the core of what MSLC is privilege to offer the community. This commitment is recognized by many outside organization and includes: * Magnet Designation by the American Nursing Credentialing Center (ANCC), * Certification as a Level III Trauma Center by the American College of Surgeons Committee on Trauma * American Heart Association/American Stroke Association's Get With The Guidelines-Stroke Gold Plus Quality Achievement Award for the 15th consecutive year. * American Heart Association's Mission: Lifeline STEMI Receiving Center Silver recognition * 2023 CHIME Digital Health Most Wired recognition as a certified level 7. * MBSAQIP Montefiore St. Luke's Cornwall's Institute for Metabolic and Bariatric Surgery has been accredited as a Comprehensive Center under the Metabolic and Bariatric Surgery Accreditation and Quality Improvement Program (MBSAQIP), a joint program of the American College of Surgeons (ACS) and the American Society for Metabolic and Bariatric Surgery (ASMBS). MSLC's outreach efforts are based on a strong dedication to improve the overall health of the communities we serve. These efforts include annual prevention and screening events, educational presentations, which directly address the health disparities identified in MSLC's tri-annual Community Health Needs Assessment. Each year, MSLC aims to increase the number of screening and education offerings to residents of the Hudson Valley.
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 | $268,202,117 | $250,752,402 | +0.1% |
| Expenses | $264,121,853 | $249,904,760 | +0.1% |
| Net Income | $4,080,264 | $847,642 | +3.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| N/A | CHAIR | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | SECRETARY | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | TREASURER | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | VICE CHAIR | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | TRUSTEE | 1.0 |
Director
|
$0 | $50,061 | $1,027,995 |
| N/A | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | TRUSTEE (RESIGNED 11/1/2023) | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | TURSTEE (APPOINTED 1/1/2023) | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | TRUSTEE (RESIGNED 12/31/2023) | 1.0 |
Director
|
$0 | $49,826 | $1,441,667 |
| N/A | TRUSTEE | 1.0 |
Director
|
$0 | $46,906 | $2,759,560 |
| N/A | TRUSTEE | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | PRESIDENT & CEO | 50.0 |
Officer
|
$846,611 | $15,735 | $862,346 |
| N/A | SVP, CFO/TREASURER | 50.0 |
Officer
|
$598,956 | $69,436 | $668,392 |
| N/A | CHIEF MEDICAL OFFICER | 31.0 |
Key Emp
|
$641,830 | $31,956 | $673,786 |
| N/A | VP, OPERATIONS | 55.0 |
Key Emp
|
$288,125 | $7,662 | $295,787 |
| N/A | VP, CHIEF NURSING OFFICER | 55.0 |
Key Emp
|
$378,932 | $38,023 | $416,955 |
| N/A | PHARMACIST | 54.0 |
Highest
|
$309,420 | $14,041 | $323,461 |
| N/A | VP, CHIEF INFORMATION OFFICER | 55.0 |
Highest
|
$307,276 | $13,609 | $320,885 |
| N/A | VP, HUMAN RESOURCES | 55.0 |
Highest
|
$314,919 | $51,254 | $366,173 |
| N/A | VP, NETWORK, STRATEGY & BUS | 55.0 |
Highest
|
$334,034 | $45,386 | $379,420 |
| N/A | VP, QUALITY MANAGEMENT | 55.0 |
Highest
|
$320,038 | $33,818 | $353,856 |
| N/A | FORMER OFFICER | 1.0 |
|
$156,250 | $0 | $156,250 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $268,202,117 | $264,121,853 | $195,286,803 | $4,080,264 |
| 2022 | $250,752,402 | $249,904,760 | $195,267,465 | $847,642 |
| 2021 | $262,716,527 | $244,026,438 | $225,516,003 | $18,690,089 |
| 2020 | $264,293,520 | $234,143,795 | $234,501,962 | $30,149,725 |
| 2019 | $246,519,863 | $229,783,380 | $168,517,480 | $16,736,483 |
| 2018 | $228,557,403 | $217,702,327 | $146,443,514 | $10,855,076 |
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