GARY, IN
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Sign In — Free (10 views/day)THE METHODIST HOSPITALS INC, founded in 1941, is a major nonprofit in the Health Care sector that reported $472.2M in total revenue in fiscal year 2023.
THE METHODIST HOSPITALS, INC'S MISSION IS TO PROVIDE COMPASSIONATE, QUALITY HEALTH CARE SERVICES TO ALL THOSE IN NEED.
THE METHODIST HOSPITALS, INC. HAS A COMMITMENT TO THE NEEDS OF ITS DIVERSE COMMUNITIES THROUGH QUALITY SERVICES. ITS REGIONAL REPUTATION FOR EXCELLENCE SINCE 1923 CONTINUES TO SUPPORT THE MARKET...
THE METHODIST HOSPITALS, INC. HAS A COMMITMENT TO THE NEEDS OF ITS DIVERSE COMMUNITIES THROUGH QUALITY SERVICES. ITS REGIONAL REPUTATION FOR EXCELLENCE SINCE 1923 CONTINUES TO SUPPORT THE MARKET POSITION. METHODIST HOSPITALS IS AN INDIANA NOT-FOR-PROFIT CORPORATION, 562 BED COMMUNITY-BASED HEALTHCARE SYSTEMS GOVERNED BY A BOARD OF DIRECTORS. AS STEWARDS OF THE MISSION, REINVESTMENT IN THE COMMUNITIES IS CARRIED OUT THROUGH CHARITABLE GIVING, COMMUNITY EDUCATION PROGRAMS, ECONOMIC DEVELOPMENT FORUMS, SUPPORT SERVICES, SCREENINGS, AND ADVOCATING QUALITY CARE FOR THE MOST VULNERABLE AND UNDERSERVED. METHODIST HOSPITALS CONTINUES TO BE A FRONTRUNNER IN PROMOTING COMMUNITY HEALTH INITIATIVES AND SERVING POPULATIONS WITH HIGH INCIDENTS OF ACUTE ILLNESSES. METHODIST HOSPITALS HAS TWO FULL SERVICE ACUTE CARE CAMPUSES, 14 MILES APART. NORTHLAKE IS THE URBAN CAMPUS IN GARY, WHILE SOUTHLAKE CAMPUS IN MERRILLVILLE IS LOCATED NEAR ONE OF THE MIDWEST'S BUSIEST RETAIL AREAS. COMBINED CAMPUS BED CAPACITY IS 562 INCLUDING NURSERIES. METHODIST PROVIDES A BROAD RANGE OF DIAGNOSTIC, THERAPEUTIC, EMERGENCY, REHABILITATION, INPATIENT, OUTPATIENT AND ANCILLARY SERVICES. MIDLAKE CAMPUS IS AN OUTPATIENT FACILITY IN GARY CONVENIENTLY LOCATED BETWEEN NORTHLAKE AND SOUTHLAKE CAMPUSES, PARALLEL TO INTERSTATE 80/94. THE REHAB CENTERS, PROVIDING OUTPATIENT REHABILITATION SERVICES AT MIDLAKE, OPENED IN 2003. LOCATED ADJACENT TO THE MAIN ENTRANCE OF THE SOUTHLAKE CAMPUS IN MERRILLVILLE, IS THE DIAGNOSTIC OUTPATIENT CENTER AND MEDICAL OFFICE BUILDING. THIS FACILITY PROVIDES ADVANCED DIAGNOSTIC, IMAGING SERVICES, AND LABORATORY SERVICES AS WELL AS PROFESSIONAL OFFICES FOR MANY OF THE MEDICAL STAFF. THE MEDICAL STAFF OF MORE THAN 400 PHYSICIANS REPRESENTS NEARLY 40 MEDICAL SPECIALTIES. METHODIST HOSPITALS IS ONE OF THE TOP EMPLOYERS IN NORTHWEST INDIANA WITH OVER 2,000 EMPLOYEES. MISSION THE MISSION IS TO PROVIDE COMPASSIONATE, QUALITY HEALTH CARE SERVICES TO ALL THOSE IN NEED. VISIONTHE VISION IS TO BE THE BEST PLACE FOR EMPLOYEES TO WORK, THE BEST PLACE FOR PATIENTS TO RECEIVE CARE AND THE BEST PLACE FOR PHYSICIANS TO PRACTICE MEDICINE.METHODIST HOSPITALS PROVIDES A DISPROPORTIONATE AMOUNT OF CARE TO THE SEGMENT OF THEPOPULATION USING MEDICAID. METHODIST HOSPITALS IS ONE OF THE LARGEST MEDICAID PROVIDER OF ANY LARGE HOSPITAL IN INDIANA (ON A PERCENATAGE BASIS). IN 2023, 39.1% OF METHODIST HOSPITAL'S PATIENTS WERE MEDICAIDRECIPIENTS. THE ORGANIZATION HAS 3 MEDICAID ENROLLERS ON SITE TO HELP THOSE WITHOUT INSURANCE ENROLL IN MEDICAID, OR REFER THEM TO COMMUNITY RESOURCES.
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 | $472,239,534 | $448,961,964 | +0.1% |
| Expenses | $485,389,817 | $459,386,937 | +0.1% |
| Net Income | $-13,150,283 | $-10,424,973 | +0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| BHARAT H BARAI MD | BOARD MEMBER | 2.00 |
Director
|
$92,270 | $0 | $92,270 |
| JOHN A LOWENSTINE CPA | BOARD VICE-CHAIRMAN | 2.20 |
Officer
Director
|
$6,000 | $0 | $6,000 |
| GLENN S VICIAN | BOARD SECRETARY | 2.20 |
Officer
Director
|
$6,000 | $0 | $6,000 |
| MATTISON A DILTS | BOARD TREASURER | 2.20 |
Officer
Director
|
$6,000 | $0 | $6,000 |
| SCOTT J MAY CPA | BOARD MEMBER | 2.00 |
Director
|
$6,000 | $0 | $6,000 |
| KATRINA WRIGHT MD | BOARD MEMBER | 2.00 |
Director
|
$6,000 | $0 | $6,000 |
| ROBERT E JOHNSON III | BOARD CHAIRMAN | 2.20 |
Officer
Director
|
$5,500 | $0 | $5,500 |
| SHELICE R TOLBERT | BOARD MEMBER | 2.00 |
Director
|
$5,500 | $0 | $5,500 |
| CURTIS A WHITTAKER SR CPA | BOARD MEMBER | 2.00 |
Director
|
$5,500 | $0 | $5,500 |
| CHERYL L PRUITT PHD | BOARD MEMBER | 2.00 |
Director
|
$5,000 | $0 | $5,000 |
| RITA R JACKSON | BOARD MEMBER | 2.00 |
Director
|
$4,000 | $0 | $4,000 |
| SCOTT K STEINWART | BOARD MEMBER - BEG 6/2023 | 2.00 |
Director
|
$3,500 | $0 | $3,500 |
| MARTI G LUNDY PHD | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MAMON POWERS JR | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW DOYLE | PRESIDENT, CHIEF EXECUTIVE OFFICER | 40.00 |
Officer
|
$614,476 | $72,782 | $687,258 |
| LAUREN TRUMBO CPA | CHIEF FINANCIAL OFFICER | 40.00 |
Officer
|
$323,563 | $10,502 | $334,065 |
| VINCENT L SEVIER MD | SENIOR VP, CHIEF MEDICAL OFFICER | 40.00 |
Key Emp
|
$421,249 | $51,978 | $473,227 |
| MARLA HOYER-LAREAU | SENIOR VP, CHIEF NURSING & OPERATION | 40.00 |
Key Emp
|
$344,201 | $42,959 | $387,160 |
| WRIGHT ALCORN | VICE PRESIDENT, OPERATIONS | 40.00 |
Key Emp
|
$307,191 | $20,255 | $327,446 |
| RICK RHEW | VICE PRESIDENT, HUMAN RESOURCES | 40.00 |
Key Emp
|
$248,770 | $25,329 | $274,099 |
| ANDRE K ARTIS | PHYSICIAN | 40.00 |
Highest
|
$800,423 | $25,203 | $825,626 |
| MIHAS M KODENCHERY | PHYSICIAN | 40.00 |
Highest
|
$785,254 | $27,882 | $813,136 |
| NICHOLAS B WALLACE | PHYSICIAN | 40.00 |
Highest
|
$696,222 | $18,712 | $714,934 |
| HARISH A SHAH | PHYSICIAN | 40.00 |
Highest
|
$635,165 | $23,518 | $658,683 |
| MAJD KANBOUR | PHYSICIAN | 40.00 |
Highest
|
$739,825 | $26,358 | $766,183 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $472,239,534 | $485,389,817 | $381,830,429 | $-13,150,283 |
| 2022 | $448,961,964 | $459,386,937 | $395,467,551 | $-10,424,973 |
| 2021 | $429,933,384 | $418,851,971 | $450,065,579 | $11,081,413 |
| 2020 | $409,871,184 | $396,805,172 | $450,659,553 | $13,066,012 |
| 2019 | $383,314,774 | $389,325,700 | $368,092,378 | $-6,010,926 |
| 2018 | $402,687,580 | $390,757,937 | $360,852,303 | $11,929,643 |
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