FLOWER HOSPITAL (EIN 344428794) - Form 990 Financial Analysis & Trantor Score

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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

1907

Legal Domicile

Principal Officer

STEVEN M CAVANAUGH

Phone

5675853618

Tax Period

2018-01-01 to 2018-12-02

FLOWER HOSPITAL, founded in 1907, is a major nonprofit that reported $247.9M in total revenue in fiscal year 2018. Revenue decreased 16% compared to the prior year. Expenses of $424.8M exceeded revenue, resulting in a 71% operating deficit.

Mission

FLOWER HOSPITAL IS AN ACUTE CARE FACILITY AND REFERRAL CENTER, PROVIDING INPATIENT AND OUTPATIENT HEALTHCARE SERVICES TO THE GENERAL PUBLIC OF NORTHWEST OHIO AND SOUTHEAST MICHIGAN.

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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 (2018)

Revenue Breakdown

Contributions & Grants $2,409,779

Program Service Revenue $205,363,895

Investment Income $38,381,443

Other Revenue $1,759,664

TOTAL REVENUE $247,914,781

Expense Breakdown

Grants Paid $236,665,992

Salaries & Benefits $91,364,571

Fundraising Expenses $0

Program Expenses $386,121,873

Other Expenses $96,777,160

TOTAL EXPENSES $424,807,723

Year-over-Year Comparison

	2018	2017	Change
Revenue	$247,914,781	$294,863,881	-0.2%
Expenses	$424,807,723	$300,051,679	+0.4%
Net Income	$-176,892,942	$-5,187,798	+33.1%

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

1620

Volunteers

275

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

$6,584,712

Total Directors

$5,264,294

Key Employees

$4,317,191

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADRIENNE J GREEN	TRUSTEE	1.00	Director	$0	$0	$0
AHED T NAHHAS MD	TRUSTEE	1.00	Director	$16,079	$0	$27,458
ALANA GRACE HATCHER	TRUSTEE	1.00	Director	$0	$0	$0
ARTURO POLIZZI	PRES., EX OFFICIO (THRU 10/21/18)	1.00	Officer Director	$0	$26,604	$664,138
BRADLEY J TOFT	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES A PARCHER	TRUSTEE	1.00	Director	$0	$0	$0
CHARLES MICHAEL SMITH	TRUSTEE	1.00	Director	$0	$0	$0
DAVID SCOTT MIERZWIAK MD	TRUSTEE	1.00	Director	$0	$296,721	$792,610
DEBORAH A GUNTSCH MD	TRUSTEE	1.00	Director	$0	$27,753	$360,975
JAMES F WEBER	TRUSTEE	1.00	Director	$0	$0	$0
JAY P MORGAN	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH D NAPOLI	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN C WEBB PHD	EX OFFICIO	1.00	Director	$0	$58,089	$883,614
LEE W HAMMERLING MD	TRUSTEE	1.00	Director	$0	$54,694	$1,125,992
LISA G HAWKER	EX OFFICIO	1.00	Director	$0	$0	$0
MARLON P KISER	TRUSTEE	1.00	Director	$0	$0	$0
MARTIN P SUTTER	TRUSTEE	1.00	Director	$0	$0	$0
NANCY PARIS KABAT	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
NEERAJ K KANWAL MD	PRES., EX OFFICIO (BEG 12/01/18)	1.00	Officer Director	$0	$57,232	$652,340
RAVI K ADUSUMILLI MD	TRUSTEE	1.00	Director	$0	$53,027	$628,300
RICHARD D LANTZ	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD L MUNK MD	TRUSTEE	1.00	Director	$0	$27,348	$128,867
RICHARD S SWEENEY	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT F WOOD MD	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT P SCHLATTER	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN K STAELIN	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS GEORGE PADANILAM MD	TRUSTEE	1.00	Director	$0	$0	$0
TIMOTHY M HUSTED MD	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM C NOWICKI	VICE-CHAIR (THRU 01/30/18)	1.00	Officer Director	$0	$0	$0
WILLIAM J LANGE	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM R MCDONNELL	VICE-CHAIR (BEG 01/30/18)	1.00	Officer Director	$0	$0	$0
JEFFREY C KUHN	SECRETARY	0.50	Officer	$0	$69,385	$878,425
MICHAEL P BROWNING	TREASURER	0.50	Officer	$0	$81,854	$1,328,491
RANDALL OOSTRA	PHS PRES & CEO, EX OFFICIO	0.50	Officer	$0	$157,073	$3,061,318
ANN M KUJAWA	VP PROMEDICA CANCER INSTITUTE	0.50	Key Emp	$0	$47,254	$246,875
DARRIN M ARQUETTE	SR. VP, NEURO, HEART AND VASC	0.50	Key Emp	$0	$60,173	$374,650
DAVID BREWER	ADMIN DIR., ACUTE CARE FINANCE	0.50	Key Emp	$0	$54,517	$213,258
DAWN BUSKEY	PRES, REGIONAL ACUTE CARE MI	0.50	Key Emp	$0	$50,274	$533,205
DEANA L SIEVERT	SR. VP, PAT CARE/CNO, SYSTEM	0.50	Key Emp	$0	$122,688	$526,685
GARY W AKENBERGER	COO, ACUTE CARE & SVP, DIAG	0.50	Key Emp	$0	$64,476	$612,729
KENT E BISHOP MD	CXO & CMO, PPG & ACUTE CARE	0.50	Key Emp	$0	$53,747	$613,326
MIKE M ARISS	VP, OPERATIONAL SERVICES	0.50	Key Emp	$0	$32,018	$284,369
PAULA L GRIEB	VP, PAT CARE/ASSOC CNO, METRO	0.50	Key Emp	$0	$23,064	$287,362
SCOTT FOUGHT	VP, FINANCE, ACUTE CARE OPS	0.50	Key Emp	$0	$60,945	$415,233
THADIUS L WADSWORTH	VP SURGICAL SERVICES OPERATION	0.50	Key Emp	$0	$21,125	$209,499
ANDREA HERRICK	MEDICAL PHYSICIST	40.00	Highest	$137,799	$21,698	$165,517
JAMES BURNS	SR. MEDICAL PHYSICIST	40.00	Highest	$223,516	$23,302	$255,412
PAUL ATKINSON	MEDICAL PHYSICIST	40.00	Highest	$154,170	$49,685	$210,012
QIN-SHENG CHEN	SR. MEDICAL PHYSICIST	40.00	Highest	$257,156	$41,554	$308,707
STEPHEN HOKE	MEDICAL PHYSICIST	40.00	Highest	$146,218	$28,049	$179,845
ALAN M SATTLER	FORMER OFFICER	0.00		$0	$54,541	$217,063
KATHLEEN S HANLEY	FORMER OFFICER	0.00		$0	$0	$1,569,411
MAURINE WEIS	FORMER KEY EMPLOYEE	0.00		$0	$44,558	$354,280
PAMELA M JENSEN	FORMER KEY EMPLOYEE	0.00		$0	$53,000	$466,785

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
2018	$247,914,781	$424,807,723	No data	$-176,892,942

FLOWER HOSPITAL