ST CLOUD, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CENTRACARE HEALTH SYSTEM, founded in 1995, is a major nonprofit in the Health Care sector that reported $577.8M in total revenue in fiscal year 2023. Expenses of $532.9M left a modest 8% surplus.
WE'RE HERE FOR YOUR WHOLE LIFE TO LISTEN, THEN SERVE, TO GUIDE AND HEAL BECAUSE HEALTH MEANS EVERYTHING.
CENTRACARE HEALTH SYSTEM (CCHS) IS AN INTEGRATED HEALTH SYSTEM, COMPRISED OF SEVEN CRITICAL ACCESS HOSPITALS, TWO ACUTE CARE HOSPITALS, A MULTI-SPECIALTY CLINIC, SURGICAL CENTER, RETAIL PHARMACY...
CENTRACARE HEALTH SYSTEM (CCHS) IS AN INTEGRATED HEALTH SYSTEM, COMPRISED OF SEVEN CRITICAL ACCESS HOSPITALS, TWO ACUTE CARE HOSPITALS, A MULTI-SPECIALTY CLINIC, SURGICAL CENTER, RETAIL PHARMACY NETWORK, NURSING HOME AND A FOUNDATION. CCHS SERVES ITS PATIENTS IN SIX MAIN AREAS.CENTRACARE LABORATORY SERVICES ALL HOSPITALS UNDER ITS UMBRELLA AS WELL AS CENTRACARE CLINIC. IT ALSO PERFORMS TESTS FOR VARIOUS FACILITIES IN THE REGION. CENTRACARE LABORATORY PERFORMED 2,210,539 TESTS IN FISCAL YEAR 2024. IN FISCAL YEAR 2024 CENTRACARE LABORATORY GENERATED $152,489,095 OF PROGRAM REVENUE AND INCURRED $163,973,249 OF PROGRAM EXPENSE. CENTRACARE SURGICAL CENTER PROVIDES ELECTIVE SURGERY PROCEDURES TO PATIENTS IN THE CENTRAL MN REGION. IN FISCAL YEAR 2024, THE CENTER PERFORMED 6,880 SURGERIES AND GENERATED $16,616,253 OF PROGRAM REVENUE AND $12,014,251 OF PROGRAM EXPENSE.
CARRIS HEALTH, LLC IS CONSIDERED A DISREGARDED ENTITY OF CCHS FOR PURPOSES OF 990 REPORTING. CARRIS HEALTH, LLC INCLUDES THE SUBSIDIARY CENTRACARE HEALTH RICE MEMORIAL HOSPITAL, WHICH HAS 136...
CARRIS HEALTH, LLC IS CONSIDERED A DISREGARDED ENTITY OF CCHS FOR PURPOSES OF 990 REPORTING. CARRIS HEALTH, LLC INCLUDES THE SUBSIDIARY CENTRACARE HEALTH RICE MEMORIAL HOSPITAL, WHICH HAS 136 LICENSED BEDS AND 20 BASSINETS. DURING FISCAL YEAR 2024 RICE MEMORIAL HOSPITAL CARED FOR 2,645 INPATIENT ADMISSIONS WITH 8,985 ASSOCIATED PATIENT DAYS. INPATIENT SERVICES INCLUDE MEDICAL AND SURGICAL CARE, BIRTHING SERVICES, PEDIATRIC SERVICES, BEHAVIORAL HEALTH CARE SERVICES, AND REHABILITATION SERVICES. OUTPATIENT ENCOUNTERS DURING FISCAL YEAR 2024 WERE 81,026 AND INCLUDED EMERGENCY ROOM SERVICES, DIALYSIS, IMAGING, RESPIRATORY THERAPY, A REHABILITATION CENTER, SAME DAY SURGERY AND OTHER AMBULATORY CARE SERVICES. CARRIS HEALTH ALSO OFFERS A CERTIFIED SKILLED NURSING FACILITY LOCATED IN WILLMAR, MN WITH 78 LICENSED BEDS. CARRIS HEALTH HAS REALIZED 15,619 RESIDENT DAYS IN THE LONG-TERM CARE AND SHORT-TERM THERAPY SUITES AREAS OF THE FACILITY DURING FISCAL YEAR 2024. CARRIS HEALTH ALSO HAS AN ACCREDITED AMBULATORY SURGICAL CENTER LOCATED IN WILLMAR, MN. CARRIS HEALTH SURGICAL CENTER COMPLETED 6,311 OUTPATIENT (SAME DAY) PROCEDURES. IN FISCAL YEAR 2024 CARRIS HEALTH GENERATED $149,757,715 OF PROGRAM REVENUE AND $109,207,028 OF PROGRAM EXPENSE.
CARRIS HEALTH, LLC INCLUDES THE SUBSIDIARY CARRIS HEALTH - REDWOOD, LLC WHICH IS A 25 BED, 6 BASSINET CRITICAL ACCESS HOSPITAL. DURING FISCAL YEAR 2024 THEY HAD 496 INPATIENT ADMISSIONS WITH 1,546...
CARRIS HEALTH, LLC INCLUDES THE SUBSIDIARY CARRIS HEALTH - REDWOOD, LLC WHICH IS A 25 BED, 6 BASSINET CRITICAL ACCESS HOSPITAL. DURING FISCAL YEAR 2024 THEY HAD 496 INPATIENT ADMISSIONS WITH 1,546 ASSOCIATED PATIENT DAYS, 50,851 OUTPATIENT VISITS AND 5,710 EMERGENCY ROOM VISITS. IN FISCAL YEAR 2024, REDWOOD GENERATED $60,925,376 OF PROGRAM REVENUE AND $42,425,746 OF PROGRAM EXPENSE.
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 | $577,819,960 | $596,489,383 | 0.0% |
| Expenses | $532,902,865 | $522,159,955 | +0.0% |
| Net Income | $44,917,095 | $74,329,428 | -0.4% |
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 |
|---|---|---|---|---|---|---|
| KENNETH HOLMEN | PRESIDENT/CEO | 7.00 |
Officer
Director
|
$1,554,927 | $74,447 | $1,629,374 |
| CHRISTIAN SCHMIDT | DIRECTOR | 41.00 |
Director
|
$497,014 | $82,227 | $579,241 |
| BRYAN ROLPH | DIRECTOR | 41.00 |
Director
|
$535,377 | $39,024 | $574,401 |
| RICHARD WEHSELER | DIRECTOR | 41.00 |
Director
|
$379,031 | $59,114 | $438,145 |
| BOBBIE BERTRAM | DIRECTOR | 41.00 |
Director
|
$217,428 | $57,377 | $274,805 |
| DAVID ANFINSON | CHAIR | 1.00 |
Officer
Director
|
$33,000 | $0 | $33,000 |
| TIM WENSMAN | DIRECTOR | 1.00 |
Director
|
$12,500 | $0 | $12,500 |
| JEFF GAU | DIRECTOR | 1.00 |
Director
|
$12,000 | $0 | $12,000 |
| MICHELLE JOHNSON | DIRECTOR | 1.00 |
Director
|
$10,000 | $0 | $10,000 |
| RENEE FRAUENDIENST | DIRECTOR | 1.00 |
Director
|
$10,000 | $0 | $10,000 |
| DAN ABDUL | DIRECTOR | 1.00 |
Director
|
$8,000 | $0 | $8,000 |
| JAMES HEBL | DIRECTOR | 1.00 |
Director
|
$6,000 | $0 | $6,000 |
| CARRIE HENNING-SMITH | DIRECTOR | 1.00 |
Director
|
$4,000 | $0 | $4,000 |
| FATHER TOM KNOBLACH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOY PLAMANN | CHIEF OPERATING OFFICER/SR VP | 7.00 |
Officer
|
$801,092 | $49,364 | $850,456 |
| MICHAEL BLAIR | CHIEF FINANCIAL OFFICER/SR VP/ TREASURER | 7.00 |
Officer
|
$754,895 | $79,410 | $834,305 |
| SANTO CRUZ | CHIEF LEGAL OFFICER/SR VP/ SECRETARY | 7.00 |
Officer
|
$567,364 | $53,699 | $621,063 |
| CINDY SMITH | VICE PRESIDENT | 40.00 |
Key Emp
|
$716,391 | $78,002 | $794,393 |
| THOMAS SCHRUP | CHIEF PHYSICIAN OFFICER/EVP | 20.00 |
Key Emp
|
$702,713 | $60,865 | $763,578 |
| JOSEPH KALKMAN | CHIEF ADMINSTRATIVE OFFICER/SR VP | 20.00 |
Key Emp
|
$620,417 | $78,241 | $698,658 |
| LYNN MCFARLING | VICE PRESIDENT | 40.00 |
Key Emp
|
$579,919 | $65,147 | $645,066 |
| CHRISTOPHER BOELTER | VICE PRESIDENT | 20.00 |
Key Emp
|
$604,159 | $4,244 | $608,403 |
| JOSEPH BLONSKI | VICE PRESIDENT | 20.00 |
Key Emp
|
$528,517 | $57,972 | $586,489 |
| AMY PORWOLL | CHIEF INFORMATION SYSTEM OFFICER/SR VP | 8.00 |
Key Emp
|
$514,086 | $63,189 | $577,275 |
| MARIA MALLORY | VICE PRESIDENT | 14.00 |
Key Emp
|
$500,547 | $57,535 | $558,082 |
| DEBRA PETERSON | VICE PRESIDENT | 40.00 |
Key Emp
|
$446,317 | $43,325 | $489,642 |
| ULRIKA WIGERT | VICE PRESIDENT | 40.00 |
Key Emp
|
$421,686 | $58,717 | $480,403 |
| BRYAN LYDICK | VICE PRESIDENT | 40.00 |
Key Emp
|
$402,969 | $65,116 | $468,085 |
| JOSEPH HELLIE | VICE PRESIDENT | 40.00 |
Key Emp
|
$381,667 | $56,911 | $438,578 |
| BRYAN BAUCK | VICE PRESIDENT | 2.00 |
Key Emp
|
$346,261 | $77,948 | $424,209 |
| DAVID LARSON | VICE PRESIDENT | 40.00 |
Key Emp
|
$367,580 | $51,902 | $419,482 |
| MATTHEW KUNKEL | VICE PRESIDENT | 20.00 |
Key Emp
|
$342,513 | $76,472 | $418,985 |
| ANTHONY GARDNER | CHIEF MARKETING & COMMUNICATIONS OFFICER/SR VP | 8.00 |
Key Emp
|
$360,511 | $45,575 | $406,086 |
| PHILIP LUITJENS | VICE PRESIDENT | 20.00 |
Key Emp
|
$330,085 | $44,199 | $374,284 |
| ANDREA SMART | VICE PRESIDENT | 40.00 |
Key Emp
|
$324,580 | $47,515 | $372,095 |
| RACHAEL LESCH | VICE PRESIDENT | 20.00 |
Key Emp
|
$330,018 | $32,061 | $362,079 |
| RYAN ENGDAHL | VICE PRESIDENT | 20.00 |
Key Emp
|
$261,490 | $54,766 | $316,256 |
| ZACHARY BORK | VICE PRESIDENT | 40.00 |
Key Emp
|
$246,930 | $48,258 | $295,188 |
| JENNIFER TODD | CHIEF COMPLIANCE OFFICER | 40.00 |
Key Emp
|
$156,679 | $48,200 | $204,879 |
| LEAH SCHAMMEL | PHYSICIAN | 40.00 |
Highest
|
$1,098,198 | $77,482 | $1,175,680 |
| NATHANIEL SLINKARD | PHYSICIAN | 40.00 |
Highest
|
$1,088,771 | $51,617 | $1,140,388 |
| SASAN MOSHIRZADEH | PHYSICIAN | 40.00 |
Highest
|
$1,020,887 | $57,091 | $1,077,978 |
| LAUREL WESSMAN | PHYSICIAN | 40.00 |
Highest
|
$997,125 | $25,905 | $1,023,030 |
| DEXTER CASTA | PHYSICIAN | 40.00 |
Highest
|
$941,151 | $43,786 | $984,937 |
| JOHN HERING | FORMER KEY EMPLOYEE | 40.00 |
|
$431,649 | $84,438 | $516,087 |
| MICHAEL SCHRAMM | FORMER KEY EMPLOYEE | 40.00 |
|
$434,556 | $56,470 | $491,026 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $577,819,960 | $532,902,865 | $1,174,669,944 | $44,917,095 |
| 2023 | $596,489,383 | $522,159,955 | $1,066,347,810 | $74,329,428 |
| 2022 | $622,933,545 | $472,250,991 | $913,072,774 | $150,682,554 |
| 2021 | $458,863,566 | $403,989,291 | $602,692,177 | $54,874,275 |
| 2020 | $450,485,121 | $427,245,346 | $537,648,015 | $23,239,775 |
| 2019 | $402,551,704 | $389,622,910 | $516,087,917 | $12,928,794 |
| 2019 | $402,551,704 | $389,622,910 | $516,087,917 | $12,928,794 |
| 2018 | $307,472,024 | $304,246,530 | $431,777,761 | $3,225,494 |
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