MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)ST FRANCIS REGIONAL MEDICAL CENTER, founded in 1966, is a major nonprofit in the Health Care sector that reported $227.4M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $206.0M left a modest 9% surplus.
ST. FRANCIS REGIONAL MEDICAL CENTER (ST. FRANCIS) HAS A RICH TRADITION OF PROVIDING QUALITY HEALTH CARE FOR THE PEOPLE LIVING IN SCOTT, CARVER AND WESTERN DAKOTA COUNTIES OF MINNESOTA. FOUNDED BY A SMALL GROUP OF FRANCISCAN SISTERS IN 1938, ST. FRANCIS HAS GROWN FROM A SMALL COMMUNITY HOSPITAL TO A COMPREHENSIVE, HIGH-QUALITY REGIONAL MEDICAL CENTER RAPIDLY EXPANDING TO MEET THE NEEDS OF THIS FAST-GROWING AREA. LOCAL ACCESS TO HIGH-QUALITY HEALTH CARE MAKES ST. FRANCIS A VALUABLE COMMUNITY ASSET, BOTH TO THE INDIVIDUALS AND BUSINESSES IT SERVES. ST. FRANCIS CONTINUES TO PROVIDE EXCELLENT, COMPASSIONATE HEALTH CARE SERVICES WITH AN EMPHASIS ON INDIVIDUAL DIGNITY IN THE HEALING OF BODY, MIND, AND SPIRIT. THIS COMMITTMENT IS REFLECTED IN OUR MISSION STATEMENT "AT ST. FRANCIS, WE WORK TOGETHER TO PROVIDE ALL PEOPLE THE HEALING EXPERIENCE WE WOULD EXPECT FOR OURSELVES AND OUR FAMILIES."
HOSPITAL, MEDICAL AND OTHER HEALTH CARE SERVICESST.FRANCIS, LOCATED IN THE TWIN CITIES SOUTHWEST METRO IN THE CITY OF SHAKOPEE, MINNESOTA, DELIVERS HIGH QUALITY, RESPECTFUL HOSPITAL, MEDICAL AND...
HOSPITAL, MEDICAL AND OTHER HEALTH CARE SERVICESST.FRANCIS, LOCATED IN THE TWIN CITIES SOUTHWEST METRO IN THE CITY OF SHAKOPEE, MINNESOTA, DELIVERS HIGH QUALITY, RESPECTFUL HOSPITAL, MEDICAL AND OTHER HEALTH CARE SERVICES TO PATIENTS. AS A CATHOLIC, MISSION-DRIVEN ORGANIZATION, ST.FRANCIS IS COMMITTED TO IMPROVING THE LIFELONG HEALTH OF THE COMMUNITIES IT SERVES. ST. FRANCIS SHARES ITS CAMPUS WITH ST.GERTRUDE'S HEALTH AND REHABILITATION CENTER, ALLINA HEALTH CLINIC, PARK NICOLLET CLINIC, CANCER CENTER, DIALYSIS CENTER, EMERGENCY AND URGENT CARE, MEDICAL AND DENTISTRY, AND MANY OTHER SERVICES AND SPECIALTY CLINICS HOUSED IN ADJOINING MEDICAL OFFICE BUILDINGS. ST. FRANCIS IS JOINTLY OWNED BY ALLINA HEALTH SYSTEM, PARK NICOLLET HEALTH SERVICES, AND ESSENTIA HEALTH.IN 2023 ST. FRANCIS EXPENDED $ 139.4 MILLION TO PROVIDE MEDICAL SERVICES TO PATIENTS THAT INCLUDED NEARLY 5,500 INPATIENT ADMISSIONS, OVER 130,000 OUTPATIENT VISITS AND NEARLY 1,000 BIRTHS.
COSTS OF PARTICIPATING IN GOVERNMENT PROGRAMSTO PROMOTE ACCESS TO CARE FOR ALL INDIVIDUALS, ST. FRANCIS PARTICIPATES IN THE FOLLOWING PUBLIC HEALTH CARE PROGRAMS: MEDICARE, MEDICAID, MINNESOTACARE...
COSTS OF PARTICIPATING IN GOVERNMENT PROGRAMSTO PROMOTE ACCESS TO CARE FOR ALL INDIVIDUALS, ST. FRANCIS PARTICIPATES IN THE FOLLOWING PUBLIC HEALTH CARE PROGRAMS: MEDICARE, MEDICAID, MINNESOTACARE, AND GENERAL ASSISTANCE. PAYMENTS FROM THESE PROGRAMS FREQUENTLY DO NOT COVER THE COSTS ST. FRANCIS INCURS TO SERVE PROGRAM BENEFICIARIES. THE FOLLOWING IS A BREAKDOWN ON COSTS RELATED TO THESE PROGRAMS, SERVICES AND ADDITIONAL TAXES AND FEES.COSTS IN EXCESS OF MEDICARE AND MEDICAID PAYMENTSTHE MEDICAL CENTER PROVIDES SERVICES TO LOW-INCOME PUBLIC PROGRAM ENROLLEES (MEDICAID). PUBLIC PROGRAMS TYPICALLY REIMBURSE AT AMOUNTS LESS THAN COST. COSTS IN EXCESS OF PAYMENTS ASSOCIATED WITH PROVIDING CARE TO PATIENTS WHO RECEIVE MEDICAID ASSISTANCE DIRECTLY FROM THE STATE ARE REPORTED. IN 2023, AN IN-DEPTH ASSESSMENT OF CURRENT REPORTING PRACTICES AND EXPERT GUIDANCE WAS COMPLETED. THE CALCULATION OF THIS CATEGORY WAS ADJUSTED TO INCLUDE COSTS IN EXCESS OF PAYMENTS ASSOCIATED WITH PROVIDING CARE TO PATIENTS WHO ARE BENEFICIARIES OF PROGRAMS REIMBURSED THROUGH MANAGED CARE PLANS SUCH AS MINNESOTA HEALTH CARE PROGRAMS (MHCP). MANAGED CARE PLANS SUCH AS MHCP ARE A FORM OF MEDICAID, ADMINISTERED THROUGH MANAGED CARE ORGANIZATIONS. IN MINNESOTA, MOST RESIDENTS WHO QUALIFY FOR MEDICAID ARE REQUIRED TO ENROLL IN A MHCP PROGRAM UNLESS THEY MEET A CERTAIN LIST OF EXCLUSIONS. THE ADJUSTMENT TO INCLUDE MHCP PROGRAMS RESULTED IN AN INCREASE OF $8 MILLION REPORTED FOR 2023.MEDICAID SURCHARGEST. FRANCIS IS A PARTICIPANT IN THE MEDICAID SURCHARGE PROGRAM. THE CURRENT PROGRAM INCLUDES A 1.56% SURCHARGE ON A HOSPITAL'S NET PATIENT REVENUE (EXCLUDING MEDICARE REVENUE). REPORTED AMOUNTS ARE NET OF ANY DISPROPORTIONATE SHARE ADJUSTMENTS. IN 2023, ST. FRANCIS PAID $1.9 MILLION FOR THE MEDICAID SURCHARGE.MINNESOTACARE TAXST. FRANCIS ALSO PARTICIPATES IN THE FUNDING OF MEDICAL CARE FOR PEOPLE WHO ARE UNINSURED THROUGH A MINNESOTACARE TAX OF 1.6% ON CERTAIN NET REVENUE. PATIENTS WHO ARE UNABLE TO GET INSURANCE THROUGH THEIR EMPLOYER ARE ELIGIBLE TO PARTICIPATE IN MINNESOTACARE. ST. FRANCIS PAID $2.41 MILLION FOR MINNESOTACARE TAX IN 2023.
UNCOMPENSATED CARECHARITY CAREST. FRANCIS PROVIDES MEDICAL CARE WITHOUT CHARGE OR AT REDUCED COST TO RESIDENTS OF THE COMMUNITIES THAT IT SERVES THROUGH THE PROVISION OF CHARITY CARE. OUR CHARITY...
UNCOMPENSATED CARECHARITY CAREST. FRANCIS PROVIDES MEDICAL CARE WITHOUT CHARGE OR AT REDUCED COST TO RESIDENTS OF THE COMMUNITIES THAT IT SERVES THROUGH THE PROVISION OF CHARITY CARE. OUR CHARITY CARE PROGRAM KNOWN AS ALLINA HEALTH PARTNERS CARE PROGRAM WAS ESTABLISHED TO ASSIST PATIENTS WHO DO NOT QUALIFY FOR MEDICAL ASSISTANCE SUCH AS MEDICAID AND WHOSE ANNUAL INCOMES ARE AT OR BELOW 275% OF THE FEDERAL POVERTY LEVEL. CHARITY CARE DOES NOT INCLUDE BAD DEBT (CHARGES WRITTEN OFF AS UNPAID AND UNCOLLECTIBLE). THROUGH THIS PROGRAM, ST. FRANCIS STRIVES TO ENSURE THAT ALL MEMBERS OF THE COMMUNITY RECEIVE QUALITY MEDICAL CARE; REGARDLESS OF ABILITY TO PAY. IN 2023, ST. FRANCIS PROVIDED $750 THOUSAND IN CHARITY CARE.UNINSURED DISCOUNT PROGRAMFOR UNINSURED PATIENTS WHO DO NOT QUALIFY FOR MEDICAID OR MEET THE FINANCIAL THRESHOLD FOR CHARITY CARE, BUT REQUIRE SOME FINANCIAL ASSISTANCE, ST. FRANCIS PROVIDES A SLIDING SCALE DISCOUNT. ALL UNINSURED PATIENTS ARE ELIGIBLE FOR A MINIMUM OF A 25 PERCENT DISCOUNT ON BILLED CHARGES AND MAY QUALIFY FOR DISCOUNTS UP TO 44 PERCENT BASED ON ELIGIBILITY CRITERIA. IN 2023, ST. FRANCIS PROVIDED $3.7 MILLION IN SUCH DISCOUNTS TO LOW-INCOME, UNINSURED INDIVIDUALS. BAD DEBTST. FRANCIS PROVIDES MEDICAL CARE TO ALL IN NEED. THERE ARE TIMES WHEN PATIENT ACCOUNT BALANCES GO UNPAID, KNOWN AS BAD DEBT. THESE BAD DEBT CHARGES IN 2023 TOTALED $5.8 MILLION. BAD DEBT EXPENSE HAS NOT BEEN INCLUDED IN FORM 990, PART IX, LINE 25 BUT HAS BEEN REPORTED AS A REDUCTION TO PATIENT SERVICE REVENUE ON FORM 990, PART VIII LINE 2B.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $227,397,675 | $205,186,335 | +0.1% |
| Expenses | $206,010,180 | $190,136,343 | +0.1% |
| Net Income | $21,387,495 | $15,049,992 | +0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| AMY JERDEE | DIRECTOR/PRESIDENT | 40.00 |
Officer
Director
|
$463,851 | $92,401 | $556,252 |
| SETH VOGEL MD | DIRECTOR | 2.00 |
Director
|
$0 | $71,241 | $450,432 |
| NANCY O'CONNOR | DIRECTOR | 2.00 |
Director
|
$0 | $56,662 | $389,533 |
| JOANNA BRYANT | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| MARK DANAHY MD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| SR KATHLEEN DEL MONTE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER DESCHAINE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| AMY DEWANE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| AYESHA DOWNS DDS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| SHARI DUGSTAD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KIMBERLY EGAN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DANA HARDIE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CYNTHIA HARVATH MD | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| SR KATHLEEN HOFER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| YANNICK MIAFFO | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH PAULY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| REV DAN POFFENBERGER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| RYAN TRANBY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ANGELA GUTZMER | FINANCE DIRECTOR | 40.00 |
Officer
|
$202,470 | $36,923 | $239,393 |
| LAURA RANDGAARD | VP PATIENT CARE SVCS. | 40.00 |
Key Emp
|
$252,439 | $72,428 | $324,867 |
| KARYN BARRY | CRNA | 40.00 |
Highest
|
$306,666 | $34,830 | $341,496 |
| CHRISTY MCGUFFEE | CRNA | 40.00 |
Highest
|
$266,255 | $36,535 | $302,790 |
| DEAN TEBRAKE | CRNA | 40.00 |
Highest
|
$270,554 | $21,513 | $292,067 |
| JAMES GRUENWALD | CRNA | 40.00 |
Highest
|
$244,674 | $28,383 | $273,057 |
| COLEEN HELBERG | CRNA | 40.00 |
Highest
|
$271,711 | $444 | $272,155 |
| MONTE JOHNSON MD | FORMER DIRECTOR/VP MEDICAL | 24.00 |
|
$314,641 | $106,875 | $631,277 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $227,397,675 | $206,010,180 | $252,418,317 | $21,387,495 |
| 2022 | $205,186,335 | $190,136,343 | $220,689,125 | $15,049,992 |
| 2021 | $188,776,800 | $175,610,087 | $229,859,048 | $13,166,713 |
| 2020 | $176,472,441 | $163,977,917 | $215,100,940 | $12,494,524 |
| 2019 | $174,712,999 | $161,969,249 | $196,443,242 | $12,743,750 |
| 2018 | $172,701,533 | $153,901,031 | $189,377,451 | $18,800,502 |
Compare ST FRANCIS REGIONAL MEDICAL CENTER with other nonprofits in Minnesota and across the country.