MISHAWAKA, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRANCISCAN ALLIANCE INC, founded in 1974, is a large national nonprofit in the Health Care sector that reported $3.5B in total revenue in fiscal year 2023.
THE PURPOSES FOR WHICH FRANCISCAN ALLIANCE, INC. ("FRANCISCAN") IS FORMED ARE: TO CONTINUE THE HEALING MINISTRY OF CHRIST IN ACCORDANCE WITH THE TEACHINGS OF THE ROMAN CATHOLIC CHURCH AND, IN PARTNERSHIP WITH OTHERS, TO PROVIDE A FULL CONTINUUM OF HEALTH CARE SERVICES; TO CARRY ON EDUCATIONAL ACTIVITIES RELATED TO THE PROMOTION OF HEALTH; TO PROMOTE AND CARRY ON SCIENTIFIC RESEARCH RELATED TO HEALTH CARE; AND TO PARTICIPATE IN ANY ACTIVITY DESIGNED AND CONDUCTED TO PROMOTE THE GENERAL HEALTH OF THOSE SERVED BY FRANCISCAN. THE REVENUES OF FRANCISCAN ALLOW FOR THE OPERATION OF HEALTH CARE FACILITIES WHERE THE PURPOSE IS TO RESPECT LIFE AND TO PRESERVE HEALTH AS WELL AS TREAT ILLNESS AND INJURY. THIS ALLOWS FOR THE ACCOMPLISHMENT OF FRANCISCAN'S MINISTRY WHICH HAS THE FOLLOWING CENTRAL CONCERNS: COMPASSION FOR THOSE IN NEED, RESPECT FOR LIFE AND THE DIGNITY OF PERSONS, WELLNESS AND THE PREVENTION OF ILLNESS, RESTORATION TO HEALTH, AND THE ACCEPTANCE OF DEATH AS THE FINAL STEP TOWARDS WHOLENESS. PLEASE VIEW WWW.FRANCISCANHEALTH.ORG/ABOUT/WHO-WE-ARE WHICH REFLECTS OUR MISSION OF "CONTINUING CHRIST'S MINISTRY IN OUR FRANCISCAN TRADITION" AS WELL AS WWW.FRANCISCANHEALTH.ORG/COMMUNITYHEALTH FOR FRANCISCAN'S COMMUNITY BENEFIT AND COMMUNITY HEALTH ASSESMENTS.
FOR OVER 145 YEARS, FRANCISCAN ALLIANCE, INC. ("FRANCISCAN") HAS ENDEAVORED TO STAY TRUE TO OUR FOUNDING MISSION OF CARING FOR PATIENTS WHO COME THROUGH OUR DOORS AND WE CONTINUE TO LOOK FOR...
FOR OVER 145 YEARS, FRANCISCAN ALLIANCE, INC. ("FRANCISCAN") HAS ENDEAVORED TO STAY TRUE TO OUR FOUNDING MISSION OF CARING FOR PATIENTS WHO COME THROUGH OUR DOORS AND WE CONTINUE TO LOOK FOR OPPORTUNITIES TO SERVE OUR COMMUNITIES THROUGH THE VERY BEST IN MEDICAL CARE AND SERVICE TO THE LESS FORTUNATE AMONG US. FRANCISCAN'S PURPOSE IS TO CONTINUE THE HEALING MINISTRY OF CHRIST IN ACCORDANCE WITH THE TEACHINGS OF THE ROMAN CATHOLIC CHURCH AND IN PARTNERSHIP WITH OTHERS TO PROVIDE A FULL CONTINUUM OF HEALTH CARE SERVICES; TO CARRY ON EDUCATIONAL ACTIVITIES RELATED TO THE PROMOTION OF HEALTH; TO PROMOTE AND CARRY ON SCIENTIFIC RESEARCH RELATED TO HEALTH CARE; AND TO PARTICIPATE IN ACTIVITIES DESIGNED AND CONDUCTED TO PROMOTE THE GENERAL HEALTH OF THOSE SERVED BY FRANCISCAN. FRANCISCAN DIRECTLY OR INDIRECTLY OPERATES 12 HOSPITAL CAMPUSES (ONE IN ILLINOIS AND 11 IN INDIANA) ALONG WITH NUMEROUS PHYSICIAN CLINICS AND ANCILLARY SERVICES CENTERS AND OFFERS NUMEROUS COMMUNITY HEALTH IMPROVEMENT PROGRAMS THAT ARE FURTHER DESCRIBED IN SCHEDULE H, PART VI, ITEM 5 AND SCHEDULE H, PART I, LINE 6A. IN 2023, FRANCISCAN SERVED ABOUT 2 MILLION PERSONS AND PROVIDED OVER $836 MILLION IN CHARITY CARE AND OTHER COMMUNITY BENEFITS. FRANCISCAN PROVIDES SIGNIFICANT BENEFITS THAT REFLECT THE ORGANIZATION'S COMMITMENT TO HEALTHCARE AND THE COMMUNITIES IT IS PRIVILEGED TO SERVE. IN 2023, FRANCISCAN PROVIDED COMMUNITY BENEFITS WHICH INCLUDED: UNREIMBURSED COSTS OF MEDICAID AND OTHER INDIGENT CARE PROGRAMS $186,833,905 COST OF CHARITY CARE PROVIDED $ 66,102,319 OTHER BENEFITS FOR THE POOR AND UNDERSERVED $ 3,086,533 SUBSIDIZED HEALTH SERVICES $ 35,311,714 HEALTH PROFESSIONS EDUCATION $ 14,885,157 COMMUNITY HEALTH IMPROVEMENT SERVICES $ 3,886,846 FINANCIAL AND IN-KIND CONTRIBUTIONS $ 486,313 RESEARCH $ 1,842,272 COMMUNITY BENEFIT OPERATIONS $ 188,414 UNREIMBURSED COSTS OF MEDICARE $523,436,654 _______________ TOTAL $836,060,127 PLEASE VIEW WWW.FRANCISCANHEALTH.ORG/ABOUT/WHO-WE-ARE WHICH REFLECTS OUR MISSION OF "CONTINUING CHRIST'S MINISTRY IN OUR FRANCISCAN TRADITION" AS WELL AS WWW.FRANCISCANHEALTH.ORG/COMMUNITYHEALTH FOR FRANCISCAN'S COMMUNITY BENEFIT AND COMMUNITY HEALTH ASSESMENTS. ALTHOUGH IT IS NOT ALL INCLUSIVE OF THE MANY BENEFITS PROVIDED BY FRANCISCAN IT DOES PORTRAY THE SIGNIFICANT BENEFITS THAT REFLECT OUR COMMITMENT TO HEALTHCARE AND THE COMMUNITIES WE ARE PRIVILEGED TO SERVE. PLEASE SEE THE RESPONSE TO SCHEDULE H, PART VI, ITEM 5 AND SCHEDULE H, PART I, LINE 6A FOR A DETAILED DESCRIPTION OF THE MANY CLINICAL SERVICES AS WELL AS POPULATION HEALTH IMPROVEMENT AND COMMUNITY OUTREACH ACTIVITIES OFFERED BY ONE OR MORE OF FRANCISCAN'S HEALTHCARE FACILITIES.
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 | $3,539,325,705 | $3,290,069,821 | +0.1% |
| Expenses | $3,604,922,998 | $3,509,722,749 | +0.0% |
| Net Income | $-65,597,293 | $-219,652,928 | -0.7% |
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 |
|---|---|---|---|---|---|---|
| KEVIN D LEAHY | PRESIDENT AND TRUSTEE | 40.0 |
Officer
Director
|
$2,467,456 | $197,552 | $2,665,008 |
| JAMES T CALLAGHAN MD | VP/COO | 40.0 |
Key Emp
|
$1,437,978 | $488,554 | $1,926,532 |
| JENNIFER P MARION | SENIOR VP FINANCE, CFO | 40.0 |
Key Emp
|
$1,383,554 | $421,189 | $1,804,743 |
| YAMEEN RASHID DO | PHYSICIAN | 40.0 |
Highest
|
$1,419,918 | $50,614 | $1,470,532 |
| AMIT KUMAR | PHYSICIAN | 40.0 |
Highest
|
$1,390,861 | $32,814 | $1,423,675 |
| ALBERT P TOMCHANEY | SR VP/CHIEF MEDICAL OFFICER | 40.0 |
Key Emp
|
$999,840 | $284,406 | $1,284,246 |
| FAHEEM AHMAD | PHYSICIAN | 40.0 |
Highest
|
$1,164,518 | $48,414 | $1,212,932 |
| SUEYI LAI | PHYSICIAN | 40.0 |
Highest
|
$1,188,609 | $19,800 | $1,208,409 |
| ZOHAIR AHMED | PHYSICIAN | 40.0 |
Highest
|
$1,129,748 | $24,319 | $1,154,067 |
| RANDALL S MOORE MD | SR VP HEALTH & CARE/COO AMB | 40.0 |
Key Emp
|
$1,066,109 | $41,252 | $1,107,361 |
| SISTER M ALINE SHULTZ | TRUSTEE/VP/CHAIRPERSON | 40.0 |
Officer
Director
|
$0 | $0 | $0 |
| SISTER M ANGELA MELLADY | TRUSTEE (THRU 06/2023) | 5.0 |
Director
|
$0 | $0 | $0 |
| SISTER M ANN KATHLEEN MAGIERA | TREAS/TRUSTEE/VP MISSION | 40.0 |
Officer
Director
|
$0 | $0 | $0 |
| SISTER M CLARE REUILLE | TRUSTEE (THRU 08/2023) | 5.0 |
Director
|
$0 | $0 | $0 |
| SISTER M MADONNA ROUGEAU | TRUSTEE | 40.0 |
Director
|
$0 | $0 | $0 |
| SISTER M MARLENE SHAPLEY | TRUSTEE/VP MISSION INTEGRATION | 40.0 |
Director
|
$0 | $0 | $0 |
| SISTER M PETRA NIELSEN | TRUSTEE | 40.0 |
Director
|
$0 | $0 | $0 |
| SISTER MARILYN OLIVER | TRUSTEE/DIRECTOR DEVELOPMENT | 30.0 |
Director
|
$0 | $0 | $0 |
| ERNEST IANNOTTA | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| KATHLEEN GOEPPINGER PHD | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| KENNETH HERLIN | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| SISTER LETHIA MARIE LEVEILLE | SECRETARY AND TRUSTEE | 40.0 |
Officer
Director
|
$0 | $0 | $0 |
| ALLAN GILLESPIE MD | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| HILTON HUDSON II MD | TRUSTEE | 5.0 |
Director
|
$0 | $0 | $0 |
| SISTER M MARGARET MARY MITCHEL | TRUSTEE (AS OF 06/2023) | 5.0 |
Director
|
$0 | $0 | $0 |
| SISTER M LISSETTA GETTINGER | TRUSTEE (AS OF 08/2023) | 5.0 |
Director
|
$0 | $0 | $0 |
| SISTER M KAROL ANN HOEFER | TRUSTEE (AS OF 08/2023) | 5.0 |
Director
|
$0 | $0 | $0 |
| SISTER M MARIE MORGAN | TRUSTEE (AS OF 08/2023) | 40.0 |
Director
|
$0 | $0 | $0 |
| SISTER JANE MARIE KLEIN | CHAIRPERSON/TRUSTEE THRU 8/23 | 40.0 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $3,539,325,705 | $3,604,922,998 | $6,045,200,354 | $-65,597,293 |
| 2022 | $3,290,069,821 | $3,509,722,749 | $5,633,003,402 | $-219,652,928 |
| 2021 | $3,598,454,885 | $3,313,588,700 | $6,525,769,549 | $284,866,185 |
| 2020 | $3,159,108,097 | $3,062,728,050 | $6,363,970,505 | $96,380,047 |
| 2019 | $3,235,490,037 | $3,043,369,293 | $5,673,773,673 | $192,120,744 |
| 2019 | $3,235,490,037 | $3,043,369,293 | $5,673,773,673 | $192,120,744 |
| 2018 | $3,146,076,412 | $2,889,242,913 | $5,106,168,565 | $256,833,499 |
| 2018 | $3,146,076,412 | $2,889,242,913 | $5,106,168,565 | $256,833,499 |
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