LOS ANGELES, CA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)THE MEDICAL STAFF OF OLYMPIA MEDICAL CENTER, founded in 2009, is a micro nonprofit in the Community Improvement sector that reported $1K in total revenue in fiscal year 2021. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $53K exceeded revenue, resulting in a 5179% operating deficit.
ESTABLISH AND MAINTAIN A HIGH STANDARD OF MEDICAL CARE, IN TERMS OF QUALITY AND EFFICACY, PROVIDED TO THE COMMUNITY SERVED BY OLYMPIA MEDICAL CENTER; TO PROVIDE FOR HIGH LEVELS OF TRAINING, COMPETENCY, AND ETHICS OF THE MEDICAL CARE PROFESSIONALS THROUGH PEER REVIEW AND EDUCATION OPPORTUNITIES; AND TO ENHANCE THE ENVIRONMENT FOR THE PROVISION OF MEDICAL CARE.
CONDUCT PEER REVIEW ACTIVITIES FOR THE MEDICAL STAFF, MONITOR THE QUALITY AND APPROPRIATENESS OF CARE GIVEN TO PATIENTS AT THE HOSPITAL. THE ACTIVITIES OF THE MEDICAL STAFF INCLUDE THE FOLLOWING...
CONDUCT PEER REVIEW ACTIVITIES FOR THE MEDICAL STAFF, MONITOR THE QUALITY AND APPROPRIATENESS OF CARE GIVEN TO PATIENTS AT THE HOSPITAL. THE ACTIVITIES OF THE MEDICAL STAFF INCLUDE THE FOLLOWING FUNCTIONS:CONDUCT AND REVIEW MONITORING ACTIVITIES, INCLUDING SURGICAL CASE AND INVASIVE PROCEDURE REVIEW AND ANALYSIS OF AUTOPSY REPORTS. CONDUCT AND REVIEW THE CONDUCT OF UTILIZED MANAGEMENT ACTIVITIES. CONDUCT AND REVIEW CREDENTIALS INVESTIGATIONS AND RECOMMENDATIONS REGARDING STAFF STATUS AND CLINICAL PRIVILEGES. MONITOR AND EVALUATE CARE PROVIDED IN AND DEVELOP MEDICAL POLICY FOR: SPECIAL CARE ARES, SUCH AS INTENSIVE OR CORONARY CARE UNITS; PATIENT CARE SUPPORT SERVICES, SUCH AS RESPIRATORY THERAPY, PHYSICAL MEDICINE AND ANESTHESIA ; AND EMERGENCY OUTPATIENT, HOME CARE AND OTHER AMBULATORY CARE SERVICES. PROVIDE CONTINUING EDUCATION RESPONSIVE TO EVALUATION FINDINGS AND NEW DEVELOPMENTS. REQUIRE THAT PATIENT MEDICAL AND RELATED RECORDS ARE COMPLETE, TIMELY AND CLINICALLY PERTINENT. DEVELOP AND MAINTAIN SURVEILLANCE OVER DRUG USAGE, PHARMACY POLICIES AND PROCEDURES, AND BLOOD TRANSFUSIONS, AND CONDUCT REVIEWS WITH RESPECT THERETO. DIRECT STAFF ORGANIZATIONAL ACTIVITIES, INCLUDING STAFF BYLAWS REVIEW AND REVISION, STAFF OFFICER AND COMMITTEE NOMINATIONS, LIAISON WITH THE BOARD AND HOSPITAL ADMINISTRATION AND REVIEW AND MAINTENANCE OF HOSPITAL ACCREDITATION. COORDINATE THE CARE PROVIDED BY PRACTITIONERS AND OTHER PROFESSIONALS WITH CARE PROVIDED BY THE NURSING SERVICE AND OTHER HOSPITAL PATIENTS CARE AND ADMINISTRATIVE SERVICES. PREVENT, INVESTIGATE AND MONITOR CONTROL OF HOSPITAL-ACQUIRED INFECTIONS. DEVELOP AND IMPLEMENT STAFF PROGRAMS AND ACTIVITIES NECESSARY TO MAINTAIN HOSPITAL ACCREDITATION. PLAN FOR RESPONSE TO FIRE AND OTHER DISASTERS, FOR HOSPITAL GROWTH AND DEVELOPMENT, AND FOR THE PROVISION OF SERVICES REQUIRED TO MEET THE NEEDS OF THE COMMUNITY. PARTICIPATE FULLY IN THE HOSPITAL'S QUALITY IMPROVEMENT PROGRAM, AND ENHANCE THE ENVIRONMENT FOR THE PROVISION OF MEDICAL CARE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $1,000 | $141,375 | -1.0% |
| Expenses | $52,786 | $139,621 | -0.6% |
| Net Income | $-51,786 | $1,754 | -30.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SAM ALKASSPOOLES MD | PRESIDENT | 4.20 |
Officer
Director
|
$22,500 | $0 | $22,500 |
| MARK GANJIANPOUR MD | VICE PRESIDENT | 3.50 |
Officer
Director
|
$1,750 | $0 | $1,750 |
| SHAMIN SHAKIBAI | SECRETARY/TREASURE | 2.90 |
Officer
Director
|
$6,500 | $0 | $6,500 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $1,000 | $52,786 | $18,332 | $-51,786 |
Compare THE MEDICAL STAFF OF OLYMPIA MEDICAL CENTER with other nonprofits in California and across the country.