HARRISBURG, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE HOSPITAL AND HEALTHSYSTEM ASSOCIATION OF PENNSYLVANIA, founded in 1921, is a mid-sized nonprofit that reported $14.0M in total revenue in fiscal year 2024. Net assets of $48.7M represent 42 months of operating reserves.
TO ADVOCATE FOR AND PROVIDE SERVICES TO PENNSYLVANIA'S HOSPITALS AND HEALTH SYSTEMS TO ADVANCE HIGH-QUALITY ACCESSIBLE AND FINANCIALLY SUSTAINABLE HEALTH CARE.
HAP ADVOCATED ON BEHALF OF PENNSYLVANIA'S HOSPITALS AND HEALTH SYSTEMS TO MAXIMIZE FINANCIAL SUPPORT TO HOSPITALS THROUGH STATE AND FEDERAL ACTION INCLUDING 36.7 MILLION OF NEW STATE AND FEDERAL...
HAP ADVOCATED ON BEHALF OF PENNSYLVANIA'S HOSPITALS AND HEALTH SYSTEMS TO MAXIMIZE FINANCIAL SUPPORT TO HOSPITALS THROUGH STATE AND FEDERAL ACTION INCLUDING 36.7 MILLION OF NEW STATE AND FEDERAL FUNDS SUPPORTING RURAL HOSPITALS, 15.6 MILLION INCREASE IN STATE AND FEDERAL FUNDS FOR OB/NICU, LEGISLATIVE PACKAGES TO IMPROVE MATERNAL HEALTH INCLUDING COVERAGE OF DOULA SERVICES THAT WILL HELP PRESERVE ACCESS TO HIGH-QUALITY CARE FOR MORE PATIENTS, HOSPITAL ACCESS TO PREVENT PAYMENT CUTS TO MEDICAID DSH, MEDICARE DEPENDENT HOSPITALS AND LOW VOLUME HOSPITALS, AND STOPPING HARMFUL SITE- NEUTRAL PAYMENTS AND 340B REBATE PROPOSALS. ADVOCATED ON BEHALF OF PENNSYLVANIA HOSPITALS TO DELIVER 25 MILLION IN SCHOLARSHIPS FOR HIGH- DEMAND CAREERS, INCLUDING NURSING AND ALLIED HEALTH, 2 MILLION TO SUPPORT APPRENTICESHIPS, STATE TELEHEALTH LEGISLATION, AND LEGISLATION TO ENABLE NURSE AND PHYSICIAN LICENSURE COMPACT TO ALLEVIATE A PORTION OF THE WORKFORCE CHALLENGES FACING HOSPITALS. IN ADDITION, ADVOCATED TO IMPROVE HOSPITALS REGULATORY ENVIRONMENT TO HOLD BACK DUPLICATIVE STATE PRICE TRANSPARENCY REQUIREMENTS, ADDITIONAL STATE BARRIERS TO HOSPITAL MERGERS AND ACQUISITIONS, AND EXPEDITE CLINICIAN LICENSURE. ADVOCATED FOR WORKFORCE SOLUTIONS INCLUDING CHAMPIONING THE SAVE ACT, INITIATIVES TO ENHANCE WORKPLACE PROTECTIONS AND IMPROVE WORKPLACE SAFETY, AND ELIMINATING THE REVALIDATION BACKLOG AND FEDERAL HOSPITAL-AT-HOME AND TELEHEALTH EXTENSION FOR GREATER HOSPITAL FLEXIBILITY.
HAP IN PARTNERSHIP WITH Q3 HEALTH INNOVATION PARTNERS, LLC SERVED AS A STATEWIDE HOSPITAL QUALITY IMPROVEMENT CONTRACTOR ON THE IPRO HQIC. HAP HAD 26 RURAL GENERAL ACUTE FACILITIES, CRITICAL ACCESS...
HAP IN PARTNERSHIP WITH Q3 HEALTH INNOVATION PARTNERS, LLC SERVED AS A STATEWIDE HOSPITAL QUALITY IMPROVEMENT CONTRACTOR ON THE IPRO HQIC. HAP HAD 26 RURAL GENERAL ACUTE FACILITIES, CRITICAL ACCESS, AND OTHER HOSPITALS SERVING VULNERABLE POPULATIONS IN HQIC PROJECTS. THE HQIC PROJECTS INCLUDE ADVERSE DRUG EVENTS, ANTIMICROBIAL STEWARDSHIP, HOSPITAL ACQUIRED INFECTIONS, PERSON AND FAMILY ENGAGEMENT, OPIOID TREATMENT, PRESSURE INJURY PREVENTION, READMISSIONS, SEVERE SEPSIS, SEPTIC SHOCK, SURGICAL SITE INFECTION, VENOUS THROMBOEMBOLISM, AND RESPONSE TO PUBLIC HEALTH EMERGENCIES. THIS PROGRAM ENDED SEPTEMBER 30, 2024.
HAP PARTNERED WITH THE PENNSYLVANIA DEPARTMENT OF HEALTH AND THE PHILADELPHIA DEPARTMENT OF HEALTH TO ADMINISTER THE HOSPITAL NUTRITION AND PROCUREMENT STANDARDS PROGRAM, IMPLEMENTING IMPORTANT...
HAP PARTNERED WITH THE PENNSYLVANIA DEPARTMENT OF HEALTH AND THE PHILADELPHIA DEPARTMENT OF HEALTH TO ADMINISTER THE HOSPITAL NUTRITION AND PROCUREMENT STANDARDS PROGRAM, IMPLEMENTING IMPORTANT FOODSERVICE GUIDELINES WITHIN HOSPITALS & HEALTHSYSTEMS ACROSS THE STATE.
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 | $14,014,050 | $13,426,517 | +0.0% |
| Expenses | $13,964,273 | $15,435,131 | -0.1% |
| Net Income | $49,777 | $-2,008,614 | -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 |
|---|---|---|---|---|---|---|
| JAMES L BREXLER | CHAIR | 1.40 |
Officer
|
$0 | $0 | $0 |
| NICOLE STALLINGS | PRESIDENT AN | 37.10 |
Officer
|
$791,381 | $221,050 | $1,012,431 |
| ROXANNA GAPSTUR | CHAIR-ELECT | 1.30 |
Officer
Director
|
$0 | $0 | $0 |
| KENNETH P DEFURIO | TREASURER | 1.30 |
Officer
Director
|
$0 | $0 | $0 |
| MICHELE M VOLPE | PAST CHAIR | N/A |
Officer
Director
|
$0 | $0 | $0 |
| MARK RUBINO | SECRETARY | 1.30 |
Officer
Director
|
$0 | $0 | $0 |
| TINA LATIN-TRUE | COO | 37.10 |
Officer
|
$568,103 | $103,568 | $671,671 |
| STEPHANIE WATKINS | SENIOR VP | 37.10 |
Key Emp
|
$361,712 | $96,319 | $458,031 |
| PAULA AGOSTO | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| RICHARD ALLEN | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| KENDRA AUCKER | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| PAUL BACHARACH | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| ALISON BEAM | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| SHELLEY BUCK | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| SHARON CARNEY | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| BETH DUFFY | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| JOHN DUGGAN | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| JOEL FAGERSTROM | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| JAY FELDSTEIN | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| JEDWARD HARTLE | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| ELISABETH KUNKEL | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| THOMAS MARCHOZZI | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| BRUCE MEYER | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| MARK NORMAN | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| EDMUND SABANEGH JR | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| MICHELLE TRUPP | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| BROOK WARD | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| STEPHEN WOLFE | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| MICHAEL YOUNG | BOARD MEMBER | 0.70 |
Director
|
$0 | $0 | $0 |
| LAURA STEVENS-KENT | SENIOR VP | 37.50 |
Key Emp
|
$254,706 | $15,520 | $270,226 |
| JEFFREY BECHTEL | SENIOR VP | 37.50 |
Key Emp
|
$240,733 | $22,245 | $262,978 |
| JOLENE CALLA | VICE PRESIDE | 37.50 |
Highest
|
$213,965 | $66,823 | $280,788 |
| ROBERT SHIPP | VICE PRESIDE | 37.50 |
Highest
|
$214,100 | $66,733 | $280,833 |
| JENNIFER JORDAN | VICE PRESIDE | 37.50 |
Highest
|
$210,596 | $51,140 | $261,736 |
| SUSHMA SHARMA | VICE PRESIDE | 37.50 |
Highest
|
$206,852 | $60,571 | $267,423 |
| JOHN MYERS | VICE PRESIDE | 37.50 |
Highest
|
$201,690 | $16,940 | $218,630 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $14,014,050 | $13,964,273 | $53,871,256 | $49,777 |
| 2023 | $13,426,517 | $15,435,131 | $52,777,236 | $-2,008,614 |
| 2022 | $29,583,236 | $13,803,410 | $51,204,311 | $15,779,826 |
| 2021 | $15,435,491 | $15,456,410 | $39,402,736 | $-20,919 |
| 2020 | $17,395,944 | $19,008,846 | $37,095,686 | $-1,612,902 |
| 2019 | $18,846,813 | $18,229,024 | $38,017,935 | $617,789 |
| 2018 | $18,758,453 | $17,153,889 | $40,765,431 | $1,604,564 |
Compare THE HOSPITAL AND HEALTHSYSTEM ASSOCIATION OF PENNSYLVANIA with other nonprofits in Pennsylvania and across the country.