ATLANTA, GA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GRADY MEMORIAL HOSPITAL CORPORATION, founded in 2008, is a large national nonprofit in the Health Care sector that reported $2.7B in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $2.4B left a modest 9% surplus.
GRADY HEALTH SYSTEM IMPROVES THE HEALTH OF THE COMMUNITY BY PROVIDING QUALITY, COMPREHENSIVE HEALTHCARE IN A COMPASSIONATE, CULTURALLY COMPETENT, ETHICAL, AND FISCALLY RESPONSIBLE MANNER. GRADY MAINTAINS ITS COMMITMENT TO THE UNDERSERVED OF FULTON AND DEKALB COUNTIES WHILE ALSO PROVIDING CARE TO RESIDENTS OF METRO ATLANTA AND GEORGIA. GRADY LEADS THROUGH CLINICAL EXCELLENCE, INNOVATIVE RESEARCH AND PROGRESSIVE MEDICAL EDUCATION AND TRAINING.
4A PROGRAM SERVICE -CHARITY, UNINSURED, UNDERINSURED AND INDIGENT CARE: IN THE 1800'S ATLANTA'S INDIGENT SICK HAD NO PLACE TO GO TO RECEIVE MEDICAL TREATMENT FOR ILLNESS OR INJURY. THEREFORE, A DRIVE...
4A PROGRAM SERVICE -CHARITY, UNINSURED, UNDERINSURED AND INDIGENT CARE: IN THE 1800'S ATLANTA'S INDIGENT SICK HAD NO PLACE TO GO TO RECEIVE MEDICAL TREATMENT FOR ILLNESS OR INJURY. THEREFORE, A DRIVE WAS BEGUN TO BUILD GRADY MEMORIAL HOSPITAL (GRADY). ON JUNE 1, 1892, GRADY ADMITTED ITS FIRST PATIENT. AS OF TODAY, GRADY CONTINUES TO BE THE SAFETY NET HOSPITAL FOR THE UNINSURED AND UNDERINSURED CITIZENS OF FULTON AND DEKALB COUNTIES AND THE STATE OF GEORGIA. AS THE LARGEST SAFETY NET HOSPITAL IN THE STATE AND ONE OF THE LARGEST IN THE COUNTRY, ITS MISSION IS (1) TO PROVIDE MEDICAL SERVICES TO UNINSURED, UNDERINSURED, OR INDIGENT PATIENTS; (2) TO PROVIDE AN OPEN ACCESS POLICY FOR RESIDENTS OF FULTON AND DEKALB COUNTIES REGARDLESS OF THEIR ABILITY TO PAY; (3) AND TO PROVIDE A PROVISION FOR SIGNIFICANT UNCOMPENSATED INDIGENT AND CHARITY CARE. DURING 2024, GRADY PROVIDED CARE TO 88,051 UNDER AND UNINSURED PATIENTS WHICH REPRESENT APPROXIMATELY 50% OF ITS TOTAL PATIENTS WITH ABOUT 388,158 PATIENT ENCOUNTERS, COSTING APPROXIMATELY $605M. GRADY RECEIVES SOME REIMBURSEMENT FROM FULTON AND DEKALB COUNTIES, MEDICAID, AND SOME FUNDING FROM THE STATE OF GEORGIA'S INDIGENT CARE TRUST FUND (INCLUDING FEDERAL MATCHING FUNDS) TO HELP SUPPORT THE COSTS OF CARING FOR SO MANY IN THE REGION. GRADY HAS BEEN AND CONTINUES TO BE SIGNIFICANTLY CHALLENGED BY THE FINANCIAL BURDEN OF PROVIDING SO MUCH FREE CARE TO THE REGION.
4B PROGRAM SERVICE -GRADUATE MEDICAL EDUCATION: GRADY MEMORIAL HOSPITAL CORPORATION (GMHC) HAS AFFILIATION AGREEMENTS WITH EMORY UNIVERSITY AND MOREHOUSE SCHOOLS OF MEDICINE TO SUPPORT THE TEACHING...
4B PROGRAM SERVICE -GRADUATE MEDICAL EDUCATION: GRADY MEMORIAL HOSPITAL CORPORATION (GMHC) HAS AFFILIATION AGREEMENTS WITH EMORY UNIVERSITY AND MOREHOUSE SCHOOLS OF MEDICINE TO SUPPORT THE TEACHING AND SUPERVISION OF RESIDENTS IN THE ORGANIZATION, AS WELL AS TO PROVIDE PROFESSIONAL CLINICAL AND ADMINISTRATIVE SERVICES. IN 2024 MORE THAN 1,000 RESIDENTS AND FELLOWS FROM EMORY AND MOREHOUSE PROGRAMS ROTATED THROUGH A BROAD SPECTRUM OF SERVICES IN THE ORGANIZATION. ADDITIONALLY, HUNDREDS OF MEDICAL STUDENTS BENEFITED FROM TRAINING IN THE ORGANIZATION. GMHC OFFERS UNIQUE LEARNING EXPERIENCES FOR RESIDENTS BY PROVIDING EXPOSURE TO TRAUMA, BURN, INFECTIOUS DISEASE, SICKLE CELL, NEUROLOGY AND OTHER COMPLEX CASES AND HOSTS A SIGNIFICANT NUMBER OF CLINICAL RESEARCH TRIALS TO ENHANCE THE RESIDENTS' EDUCATIONAL EXPERIENCE. GMHC PROVIDED ABOUT $108M IN SUPPORT RELATIVE TO TEACHING SERVICES. IN 2024, REIMBURSEMENT FOR TEACHING SERVICES FROM MEDICARE, MEDICAID AND OTHER GOVERNMENTAL FUNDS TOTALED ABOUT $74M.
4C PROGRAM SERVICE - EMERGENCY AND TRAUMA SERVICES: GRADY OPERATES ONE OF THE BUSIEST EMERGENCY DEPARTMENTS IN THE EASTERN UNITED STATES AND THE COUNTRY'S LARGEST HOSPITAL-BASED AMBULANCE SERVICE...
4C PROGRAM SERVICE - EMERGENCY AND TRAUMA SERVICES: GRADY OPERATES ONE OF THE BUSIEST EMERGENCY DEPARTMENTS IN THE EASTERN UNITED STATES AND THE COUNTRY'S LARGEST HOSPITAL-BASED AMBULANCE SERVICE. GMHC OPERATES THE ONLY LEVEL 1 TRAUMA CENTER IN THE ATLANTA METROPOLITAN AREA WHICH HANDLED 15,037 ACUTE TRAUMA CASES IN 2024. ADDITIONALLY, AS PART OF ITS TRAUMA SERVICE, GMHC OPERATES ONE OF ONLY TWO BURN CENTERS IN GEORGIA. THE NATIONALLY ACCLAIMED EMERGENCY CARE CENTER (ECG) HANDLED 148,907 EMERGENCY CASES IN 2024. THE EMERGENCY ROOM WAS THE INTAKE POINT FOR APPROXIMATELY 32,045 OF THE SAFETY NET HOSPITAL'S TOTAL ADMISSIONS. GRADY'S EMS DIVISION STATEWIDE EMS OPERATION IS THE EXCLUSIVE 911 AMBULANCE PROVIDER FOR THE CITY OF ATLANTA INCLUDING SOUTH FULTON COUNTY. THE GRADY EMS TEAM OF APPROXIMATELY 700 EMS PROFESSIONALS MAINTAINS A FLEET OF ABOUT 250 AMBULANCE AND SUPPORT VEHICLES AND HANDLED APPROXIMATELY 180,000 CALLS THROUGHOUT GEORGIA IN 2024. BEYOND EMERGENCY RESPONSE, GRADY EMS OPERATES A MOBILE INTEGRATED HEALTH (MIH) CARE PROGRAM WHICH PROVIDES PRE AND POST HOSPITAL CARE FOR PATIENTS IN AN EFFORT TO REDUCE THE STRAIN ON EMS AND ECC. THIS PROGRAM EXPANDS ACCESS TO PREVENTATIVE CARE SERVICES, LOWERS READMISSISION RATES, SHORTENS HOSPITAL STAYS, AND INCLUDES MOBILE MAMMOGRAPHY SCREENINGS FOR COMMUNITY OUTREACH. GRADY EMS OPERATES ATLANTA'S LARGEST SPECIALIZED EVENT EMS DIVISION SERVING STADIUMS, CONCERTS, MARATHONS, AND FESTIVALS THROUGHOUT THE CITY OF ATLANTA. GRADY EMS OPERATIONAL STANDARDS FUNCTION IN COMPLIANCE WITH STANDARDS DEFINED BY THE JOINT COMMISSION, THE AMERICAN COLLEGE OF SURGEONS, AND THE GEORGIA DEPARTMENT OF COMMUNITY HEALTH. THIS IS AN IMPORTANT DISTINCTION AND HOLDS OUR EMS DIVISION TO THE HIGHEST STANDARDS ENSURING A COMPLIANT, ETHICAL AND CONFIDENTIAL OPERATION.
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 | $2,689,147,008 | $2,356,276,582 | +0.1% |
| Expenses | $2,433,877,422 | $2,185,617,947 | +0.1% |
| Net Income | $255,269,586 | $170,658,635 | +0.5% |
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 |
|---|---|---|---|---|---|---|
| JOHN M HAUPERT FACHE | PRESIDENT/CEO | 40 |
Officer
Director
|
$2,659,735 | $38,785 | $2,698,520 |
| ANTHONY SAUL | SR EVP/COO/CFO | 40 |
Officer
|
$1,086,834 | $44,736 | $1,131,570 |
| SAMUAL TODD | SVP/CHIEF ACUTE CARE SURGERY | 40 |
Key Emp
|
$987,623 | $38,785 | $1,026,408 |
| ROBERT JANSEN | EVP/CMO | 40 |
Key Emp
|
$965,792 | $56,912 | $1,022,704 |
| TIMOTHY JEFFERSON | EVP/GENERAL COUNSEL | 40 |
Highest
|
$845,135 | $47,225 | $892,360 |
| BENJAMIN MCKEEBY | SVP/CIO | 40 |
Highest
|
$734,772 | $41,304 | $776,076 |
| RICHARD ROCHE | EVP/CHIEF PEOPLE OFFICER | 40 |
Highest
|
$736,233 | $32,034 | $768,267 |
| MARY SALE | EVP/CHIEF STRATEGY OFFICER | 40 |
Key Emp
|
$746,517 | $18,114 | $764,631 |
| KELLEY CARROLL | EVP/CHIEF AMBULATORY OFFICER | 40 |
Key Emp
|
$716,123 | $42,477 | $758,600 |
| MICHELLE WALLACE | EVP/CHIEF NURSING OFFICER | 40 |
Key Emp
|
$700,775 | $12,786 | $713,561 |
| YOLANDA WIMBERLY | CHIEF HEALTH EQUITY OFFICER | 40 |
Highest
|
$596,540 | $37,887 | $634,427 |
| RYAN LOKE | SVP/CHIEF HEALTH POLICY OFFICER | 40 |
Highest
|
$591,249 | $20,699 | $611,948 |
| GEORGE WILLIAMS III | VP PERIOPERATIVE SERVICES | 40 |
Key Emp
|
$449,965 | $14,286 | $464,251 |
| LARRY GELLERSTEDT | CHAIRMAN | 5 |
Officer
Director
|
$0 | $0 | $0 |
| BRIAN BLAKE | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| PEDRO CHERRY | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| ALICIA IVEY | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| JAMES H DALLAS | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| SHAN COOPER | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| JOHN GREGG | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| EDWARD J HARDIN | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| JOHN HOLLINS | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| SAM JOHNSON | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| ROBERT SHEFT | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| MICHAEL HERTZ | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| RAVI THADHANI | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| BERNIE TOKARZ | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| CAROL B TOME | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| ADRIAN TYNDALL | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| DAVID C MOODY | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| ERIC THOMAS | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| KATHRYN FLOWERS-GLASCO | DIRECTOR | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,689,147,008 | $2,433,877,422 | $2,377,136,159 | $255,269,586 |
| 2023 | $2,356,276,582 | $2,185,617,947 | $2,013,499,028 | $170,658,635 |
| 2022 | $2,032,366,950 | $2,013,547,333 | $1,558,983,877 | $18,819,617 |
| 2021 | $2,143,155,325 | $2,022,170,744 | $1,383,912,597 | $120,984,581 |
| 2020 | $2,249,757,509 | $2,113,919,529 | $1,235,998,165 | $135,837,980 |
| 2019 | $2,032,089,475 | $2,002,314,577 | $1,004,315,025 | $29,774,898 |
| 2018 | $1,629,852,150 | $1,599,231,464 | $863,217,521 | $30,620,686 |
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