Salem, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SCH PROFESSIONAL CORPORATION, founded in 1994, is a mid-sized nonprofit in the Health Care sector that reported $11.8M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $23.8M exceeded revenue, resulting in a 101% operating deficit.
As a subsidiary of Salem Regional Medical Center ("the Medical Center"), the purpose of the SCH Professional Corporation is to provide a corporate structure for effectively attracting and retaining physicians to support the mission of the Medical Center and to meet community need by providing a diverse geographic and/or multi-specialty base of services. Prior to the affiliation and/or opening of the SCH Professional Corporation offices, access to these respective healthcare providers was lacking; the services were available only in a reduced capacity; and/or the communities were experiencing difficulty in recruiting and retaining medical practitioners, resulting in gaps in medical treatment or barriers to access.
The SCH Professional Corporation's 18 outpatient practices provide primary and specialty healthcare services to residents within Salem Regional Medical Center's Service Area. During fiscal year 2024...
The SCH Professional Corporation's 18 outpatient practices provide primary and specialty healthcare services to residents within Salem Regional Medical Center's Service Area. During fiscal year 2024, 49,021 primary care evaluation and management services were provided by 14 primary care physicians and 6 physician extenders. Also during 2024, 25,100 specialty care patient services were provided by 18 specialists and 7 physician extenders in gastroenterology, general surgery, plastic surgery, neurology, otolaryngology and orthopedics. In support of its community outreach commitment, the SCH Professional Corporation's outpatient practices provide charity care and financial assistance for healthcare services delivered, in accordance with the patient's financial need and the guidelines specified in the charity care policy. In fiscal year 2024 , charity care and financial assistance provided to patients seeking services through the SCH Professional Corporation practices totaled $94,201. It should also be noted that the SCH Professional Corporation primary care practices serve as one of the few sources of primary care for Medicaid patients within the Medical Center's Service Area. Beyond providing charity care, the SCH Professional Corporation seeks opportunities to further its tax-exempt purpose and community benefit initiatives by providing a wide variety of community health services, screenings and educational outreach services, designed to improve the community's health status and access to health resources. Examples of these events offered through the SCH Professional Corporation include, but are not limited to: staff and physician educational resources provided free of charge to the community; and reduced cost preventative screenings, e.g. cholesterol/lipid density. To increase regional access to outreach services for people of all ages, many of the medical educational programs, screenings and health fairs are provided in outlying regions of the service area in collaborative partnerships with local school districts, civic and community organizations, faith-based organizations, and area businesses. In partnership with Salem Regional Medical Center, our providers participated in various activities to support the organization.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $11,806,119 | $9,846,421 | +0.2% |
| Expenses | $23,782,286 | $19,812,441 | +0.2% |
| Net Income | $-11,976,167 | $-9,966,020 | +0.2% |
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 |
|---|---|---|---|---|---|---|
| Dr Peter Apicella | Physician | 40 |
Highest
|
$1,255,436 | $18,393 | $1,273,829 |
| Dr Dominic Peters | Physician | 40 |
Highest
|
$1,056,560 | $29,492 | $1,086,052 |
| Dr Igor Genkin | Physician | 40 |
Highest
|
$712,879 | $29,657 | $742,536 |
| Dr David M Prior | Physician | 40 |
Highest
|
$607,132 | $22,449 | $629,581 |
| Dr Anita Hackstedde MD | Director/CEO | 6 |
Officer
|
$0 | $31,641 | $512,748 |
| Dr Ranga S Brahmamdam | Physician | 40 |
Highest
|
$487,369 | $17,169 | $504,538 |
| Kimberly Jenkins | Secretary/Treasurer | 2 |
Officer
|
$0 | $29,180 | $219,871 |
| Michael Giangardella | Former Secretary/Treasurer | 0.00 |
|
$0 | $15,018 | $140,527 |
| Jeff Zimmerman | Chair | 1 |
Director
|
$0 | $0 | $0 |
| Denise Harlan | Director | 1 |
Director
|
$0 | $0 | $0 |
| Todd Olson | Director | 1 |
Director
|
$0 | $0 | $0 |
| Nelson Witmer | Director | 1 |
Director
|
$0 | $0 | $0 |
| Gina Richardson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $11,806,119 | $23,782,286 | $4,225,725 | $-11,976,167 |
| 2023 | $9,846,421 | $19,812,441 | $4,110,502 | $-9,966,020 |
| 2022 | $9,123,275 | $17,723,201 | $1,244,668 | $-8,599,926 |
| 2021 | $8,909,689 | $16,512,973 | $1,689,607 | $-7,603,284 |
| 2020 | $9,804,982 | $15,312,508 | $1,279,974 | $-5,507,526 |
| 2019 | $9,174,724 | $14,361,404 | $1,150,541 | $-5,186,680 |
| 2018 | $9,062,509 | $14,138,037 | $1,382,903 | $-5,075,528 |
Compare SCH PROFESSIONAL CORPORATION with other nonprofits in Ohio and across the country.