MEDAMERICA HEALTH SYSTEMS CORP

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

MARY H BOOSALIS

Phone

9374999942

Tax Period

2019-01-01 to 2019-12-31

MEDAMERICA HEALTH SYSTEMS CORP, founded in 1982, is a micro nonprofit in the Health Care sector that reported $98K in total revenue in fiscal year 2019. Revenue fell 161% from the prior year — a significant decline worth monitoring.

Mission

MEDAMERICA HEALTH SYSTEMS PROVIDES SUPPORT AND GUIDANCE TO VARIOUS AFFILIATED ORGANIZATIONS. THIS INVOLVES LONG-TERM PLANNING GOALS AND BROAD OPERATING POLICIES.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

MEDAMERICA HEALTH SYSTEMS IS A DIVERSIFIED ENTERPRISE SPONSORINGHEALTH CARE AND EDUCATION SERVICES TO PATIENTS, HEALTH DELIVERYORGANIZATIONS AND HEALTH CARE PROFESSIONALS. THE HEALTH OF THECOMMUNITY IS THE CORPORATION'S PRIMARY MISSION. THE CORPORATIONALSO RECOGNIZES THE IMPORTANCE OF EDUCATION IN THE PROVISION OFSUPERIOR CLINICAL SERVICES AND WILL PARTICIPATE ACTIVELY IN ABROAD RANGE OF HEALTH CARE PROFESSIONAL EDUCATION PROGRAMS. INADDITION, THE CORPORATION WILL ALSO SPONSOR APPROPRIATE RELATEDSERVICE BUSINESSES IN SUPPORT OF ITS HOSPITAL OPERATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $218,764

Other Revenue $-316,784

TOTAL REVENUE $-98,020

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $28

TOTAL EXPENSES $28

Year-over-Year Comparison

	2019	2018	Change
Revenue	$-98,020	$161,939	-1.6%
Expenses	$28	$100	-0.7%
Net Income	$-98,048	$161,839	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$7,580,490

Total Directors

$2,225,823

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL J MAIBERGER	PREMIER COO (TO AUG)	0.50	Officer	$0	$1,062,061	$3,354,879
MARY H BOOSALIS	PREMIER PRESIDENT & CEO	0.50	Officer Director	$0	$43,290	$1,864,275
SCOTT A SHELTON	TREASURER & PREMIER CFO	0.50	Officer	$0	$31,126	$957,995
BARBARA A JOHNSON	PREMIER COO (FROM AUG)	0.50	Officer	$0	$38,127	$704,095
GEOFFREY P WALKER	SECRETARY & PREMIER CLO	0.50	Officer	$0	$50,342	$699,246
DALE E CREECH JR	FORMER OFFICER	0.00		$0	$29,497	$539,974
CHRISTOPHER DANIS MD	TRUSTEE & MVH BOARD CHAIR	0.50	Director	$0	$42,254	$337,315
THOMAS M DUNCAN	FORMER OFFICER	0.00		$0	$0	$173,164
TAREK SABAGH MD	TRUSTEE	0.50	Director	$0	$0	$24,233
ANITA J MOORE	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
CHARLES A JONES	TRUSTEE	0.50	Director	$0	$0	$0
JOHN W LOHBECK	TRUSTEE	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2019	$-98,020	$28	No data	$-98,048
2018	$161,939	$100	$24,805,725	$161,839