Morris, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Stevens Community Medical Center, founded in 1984, is a mid-sized nonprofit in the Health Care sector that reported $52.3M in total revenue in fiscal year 2023. Expenses of $46.8M left a modest 10% surplus.
Stevens Community Medical Center's mission is to strive for excellence in the delivery of inpatient and outpatient care through cooperation with qualified health care providers; through the provision of appropriate facilities and technology; and through active promotion of health education among the public.Our pledge to the recipients of this Medical Center's health care is to address their needs in as expert, efficient, compassionate, and convenient manner as possible.
Stevens Community Medical Center is a not-for-profit integrated health care system. The mission of the Medical Center is to make available high-quality health care. The Medical Center serves the...
Stevens Community Medical Center is a not-for-profit integrated health care system. The mission of the Medical Center is to make available high-quality health care. The Medical Center serves the population of West Central Minnesota and is becoming a regional health care center."CARING IS OUR REASON FOR BEING"SCMC provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age or ability to pay. Although reimbursement for services rendered is critical to the operation and stability of SCMC, it is recognized that not all individuals possess the ability to purchase essential medical services. To further that, our mission is to serve the community with respect to providing health care services and health care education. For example, the Medical Center is committed to provide medical services to all members of its community, provide free care and/or subsidized care, promote health activities and programs to support the community, and provide care to persons covered by governmental programs at below cost. Therefore, financial assistance will be considered where the need and/or an individual's inability to pay exists. SCMC had 40,155 hospital outpatient visits, 38,166 clinic and urgent care visits, 1,064 inpatient days, 6,627 outpatient counseling visits, 64 deliveries, 645 surgeries, 2,697 emergency room visits, and 24,962 therapy treatments in 2023. SCMC also owns and operates the Courage Cottage, an assisted living facility specializing in care for the terminally ill. In 2023, 12 residents were served, and the cost to provide their care was subsidized by community donations.Recognizing its mission to the community, SCMC provides services to Medicare, Medicaid, and other patients covered by governmental programs, sometimes at a reimbursement below cost. The total discounts accepted for providing care to patients was $42,788,326 in 2023. The charges foregone for services supplied under SCMC's charity care policy (free and/or subsidized care) was $940,877 in 2023.Charity care is also provided through many reduced price services and free SCMC programs and information offered throughout the year based on activities and services which SCMC believes will serve a bona fide community need. These include: various brochures to educate patients; staff speaking for a variety of community events including SCMC elderly and adult education; sponsoring a smoking cessation program and a variety of other "wellness" type programs at subsidized cost; providing meeting facilities for various community groups; offering support groups; and providing assistance to educators through our work with student nurses.
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 | $52,314,827 | $50,305,022 | +0.0% |
| Expenses | $46,825,983 | $44,782,003 | +0.0% |
| Net Income | $5,488,844 | $5,523,019 | 0.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| David Paul | Chair | 1.00 |
Officer
Director
|
$560 | $0 | $560 |
| Bart Finzel | Vice Chair | 1.00 |
Officer
Director
|
$420 | $0 | $420 |
| Ward Vorhees | Secretary | 1.00 |
Officer
Director
|
$540 | $0 | $540 |
| Jan Hagen | Treasurer | 1.00 |
Officer
Director
|
$660 | $0 | $660 |
| Jodi DeCamp | Director | 1.00 |
Director
|
$450 | $0 | $450 |
| Paul Martin | Director | 1.00 |
Director
|
$400 | $0 | $400 |
| Darryl Larson | Director | 1.00 |
Director
|
$450 | $0 | $450 |
| Rachel Johnson | Director | 1.00 |
Director
|
$400 | $0 | $400 |
| Toby Christie-Perkins DO | Director/Physician | 40.00 |
Director
|
$305,976 | $59,930 | $365,906 |
| Jason Huikko MD | Director/Physician | 40.00 |
Director
|
$351,494 | $32,204 | $383,698 |
| Elizabeth Meichsner MD | Director/Physician | 40.00 |
Director
|
$378,510 | $69,798 | $448,308 |
| Kerrie McEvilly | President/CEO | 40.00 |
Officer
Director
|
$370,164 | $55,239 | $425,403 |
| Jeffery Lewis | Director of Finance (Until Mar) | 40.00 |
Officer
|
$31,726 | $33 | $31,759 |
| Sarah Tahtinen | CFO (As of July 23) | 40.00 |
Officer
|
$99,187 | $0 | $99,187 |
| Brent Barnstuble MD | Physician | 40.00 |
Highest
|
$379,524 | $61,432 | $440,956 |
| Jason Hughes MD | Physician | 40.00 |
Highest
|
$373,495 | $32,204 | $405,699 |
| Timothy Jay MD | Orthopedic Surgeon | 40.00 |
Highest
|
$719,627 | $51,146 | $770,773 |
| Eric Larson | CRNA | 40.00 |
Highest
|
$421,058 | $57,307 | $478,365 |
| Somkiat Viratyosin MD | Surgeon | 40.00 |
Highest
|
$466,422 | $52,256 | $518,678 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $52,314,827 | $46,825,983 | $78,520,714 | $5,488,844 |
| 2022 | $50,305,022 | $44,782,003 | $73,500,191 | $5,523,019 |
| 2021 | $52,502,343 | $44,610,089 | $69,174,057 | $7,892,254 |
| 2020 | $42,365,679 | $40,497,515 | $65,001,127 | $1,868,164 |
| 2019 | $38,541,913 | $37,267,534 | $54,944,719 | $1,274,379 |
| 2018 | $40,104,282 | $40,072,616 | $54,122,623 | $31,666 |
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