HERKIMER, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Valley Health Services Inc, founded in 1984, is a mid-sized nonprofit in the Health Care sector that reported $14.7M in total revenue in fiscal year 2024. Expenses of $17.1M exceeded revenue, resulting in a 16% operating deficit.
THE MISSION OF VALLEY HEALTH SERVICES, INC. IS TO PROVIDE QUALITY, PERSON CENTERED REHABILITATIVE, LONG-TERM AND PALLIATIVE CARE THROUGH DIVERSE PROGRAMS DESIGNED TO PROMOTE HEALTH AND INDEPENDENCE.
SKILLED NURSING, LONG-TERM CARE SHORT-TERM INPATIENT AND REHABILITATION AND SUB-ACUTE CARE, PHYSICAL THERAPY O OCCUPATIONAL THERAPY, SPEECH THERAPY, WOUND CARE, IV THERAPY OUTPATIENT REHABILITATION...
SKILLED NURSING, LONG-TERM CARE SHORT-TERM INPATIENT AND REHABILITATION AND SUB-ACUTE CARE, PHYSICAL THERAPY O OCCUPATIONAL THERAPY, SPEECH THERAPY, WOUND CARE, IV THERAPY OUTPATIENT REHABILITATION, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, CARDIAC REHABILITATION, SPEECH THERAPY, OSTEOPOROSIS MANAGEMENT THE18-SLOT OFFSITE MEDICAL MODEL ADULT DAY CARE PROGRAM IN LITTLE FALLS HAS RESUMED SERVICE FOLLOWING THE CLOSING OF SERVICES AT THE PEAK OF COVID-19. THE 12-SLOT ONSITE ADULT DAY CARE MEDICAL MODEL SITE IS HOPING TO RESUME SERVICES AT SOME POINT IN THE FUTURE. SPEECH THERAPY, IV THERAPY, CARDIAC REHABILITATION, PALLIATIVE CARE AND OSTEOPOROSIS MANAGEMENT ARE UNIQUE SERVICES TO THE GREATER HERKIMER AREA AVAILABLE AT VHS, INC. APPROXIMATELY 55% OF VALLEY HEALTH SERVICES REVENUE IS DERIVED FROM MEDICAID. AS SUCH, VHS, INC., INCURS AN APPROXIMATE SHORTFALL OF $65 PER PATIENT DAY REIMBURSED BY THE NYS MEDICAID SYSTEM. AN IN-HOUSE "NEEDY RESIDENT" FUND PROVIDES MONEY FOR INCIDENTAL ITEMS DESIRED BY RESIDENTS. ADDITIONALLY, VHS OPERATES ITS OWN CNA CLASS. VHS' STAFF ALSO WORKS WITH RESIDENTS, RESIDENTS' FAMILY MEMBERS AND OUTPATIENTS AS REQUESTED TO ADDRESS ELIGIBILITY FOR FEDERAL, STATE AND LOCAL ASSISTANCE FOR ISSUES INVOLVING PATIENT CARE. VHS WORKS WITH CAREER CONNECTIONS OF THE HERKIMER ARC TO MATCH THEIR CLIENTS' SKILLS WITH AVAILABLE JOB OPPORTUNITIES. VHS HAS RESUMED SOME ANNUAL FUNDRAISING ACTIVITIES. THEY HAVE PARTICIPATED IN THE COMMUNITY FOUNDATION OF HERKIMER AND ONEIDA COUNTY "MOHAWK VALLEY GIVES" PROGRAM.
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 | $14,724,606 | $14,739,446 | 0.0% |
| Expenses | $17,109,732 | $15,948,044 | +0.1% |
| Net Income | $-2,385,126 | $-1,208,598 | +1.0% |
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 |
|---|---|---|---|---|---|---|
| Marianne E O'Donnell | Secretary | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Robert N Basloe | Treasurer | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Alan Vincent | Board Member (As of 8/24) | 2.0 |
Director
|
$0 | $0 | $0 |
| Anna Lyga | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Connie A Jastremski | Chair | 2.0 |
Director
|
$0 | $0 | $0 |
| Curtis Pearsall | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Delores Caruso | Board Member (As of 8/24) | 2.0 |
Director
|
$0 | $0 | $0 |
| James Seward | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Jeffrey J Woeppel | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| John P Militello | Vice Chair | 2.0 |
Director
|
$0 | $0 | $0 |
| Judith Gorman | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Kathleen A Horn | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Kathleen Marollo | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Linda Talerico | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Marybeth McCall MD | Board Member | 2.0 |
Director
|
$0 | $0 | $0 |
| Bryan Ehlinger | VHS Administrator BHN | 40.0 |
Officer
|
$111,299 | $15,209 | $126,508 |
| Craig Faerber | Interim Network CFO | 2.0 |
Officer
|
$0 | $0 | $524,460 |
| Michael R Treen | CFO | 2.0 |
Officer
|
$0 | $11,608 | $143,020 |
| Lisa M Betrus | SVP Chief Strategy & Transformation Officer | 40.0 |
Key Emp
|
$518,868 | $26,764 | $545,632 |
| Jackie Metz | RN Supervisor | 40.0 |
Highest
|
$126,928 | $1,816 | $128,744 |
| Joanna Boyles | Care Coord RN | 40.0 |
Highest
|
$121,117 | $5,964 | $127,081 |
| Melissa Ippolito | Director of Nursing | 40.0 |
Highest
|
$168,543 | $11,282 | $179,825 |
| Michelle Phillips | Care Coord RN | 40.0 |
Highest
|
$112,167 | $9,410 | $121,577 |
| Veronica Adams | LPN Charge | 40.0 |
Highest
|
$197,054 | $11,986 | $209,040 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $14,724,606 | $17,109,732 | $9,927,182 | $-2,385,126 |
| 2023 | $14,739,446 | $15,948,044 | $8,930,958 | $-1,208,598 |
| 2022 | $12,972,285 | $15,729,258 | $7,440,406 | $-2,756,973 |
| 2021 | $14,235,675 | $14,887,367 | $8,957,963 | $-651,692 |
| 2020 | $16,132,531 | $14,838,004 | $9,708,510 | $1,294,527 |
| 2019 | $15,034,048 | $15,212,394 | $8,985,226 | $-178,346 |
| 2018 | $16,144,153 | $16,077,605 | $9,651,162 | $66,548 |
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