WATERLOO, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ALLEN MEMORIAL HOSPITAL CORPORATION, founded in 1938, is a major nonprofit in the Health Care sector that reported $371.7M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.
THE MISSION OF ALLEN MEMORIAL HOSPITAL CORPORATION IS TO IMPROVE THE HEALTH OF THE PEOPLE AND COMMUNITIES WE SERVE THROUGH HEALING, CARING AND TEACHING.
HEALTH-CARE SERVICES`ALLEN MEMORIAL HOSPITAL CORPORATION IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE GREATER CEDAR VALLEY COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO...
HEALTH-CARE SERVICES`ALLEN MEMORIAL HOSPITAL CORPORATION IS AN IMPORTANT ELEMENT OF THE HEALTH-CARE DELIVERY SYSTEM THAT THE GREATER CEDAR VALLEY COMMUNITIES RELY ON EVERY DAY. IT IS COMMITTED TO PROVIDING QUALITY HEALTH-CARE AND TO USING ITS RESOURCES TO THE GREATEST COMMUNITY BENEFIT. ALLEN MEMORIAL HOSPTIAL CORPORATION PROVIDES INPATIENT AND OUTPATIENT MEDICAL SERVICES TO TREAT INDIVIDUALS WITH DISEASES, ILLNESS AND INJURIES WITH VARYING COMPLEXITIES. IT PROVIDES SERVICES TO IMPROVE THE HEALTH OF PATIENTS AND TO BETTER THEIR QUALITY OF LIFE. ALL SERVICES ARE PROVIDED REGARDLESS OF AN INDIVIDUAL'S RACE, CREED, SEX, NATIONALITY, HANDICAP, AGE OR ABILITY TO COMPENSATE FOR SERVICES RENDERED. THESE INCLUDE, BUT ARE NOT LIMITED TO, GENERAL ACUTE CARE, SURGERIES, INTENSIVE CARE AND CRITICAL CARE, MENTAL HEALTH CARE, CARDIOLOGY, ONCOLOGY, REHABILITATION, BEHAVIORAL DISORDER PROGRAMS, MATERNAL/CHILD CARE, LABORATORY, PHARMACEUTICAL DRUGS, WOUND CARE, EMERGENCY SERVICES, OUTPATIENT CLINICS, CHECK-UPS AND RADIOLOGY. SOME OF THE SERVICES PROVIDED DO NOT GENERATE ENOUGH INCOME TO OFFSET THEIR COST. IN THE FISCAL PERIOD ENDED DECEMBER 31, 2023, ALLEN MEMORIAL HOSPITAL CORPORATION ADMITTED 10,329 PATIENTS WITHOUT NEWBORNS AND NICU AND 11,495 PATIENTS WITH NEWBORNS AND NICU; RESULTING IN A TOTAL OF 46,651 PATIENT DAYS WITHOUT NEWBORNS AND NICU, AND 48,993 PATIENT DAYS WITH NEWBORNS AND NICU. OUTPATIENT VISITS TOTALED 215,940 AND TOTAL OUTPATIENT SURGERY REGISTRATIONS FOR THE SAME PERIOD WERE 4,148. THERE WERE ALSO 37,314 EMERGENCY ROOM VISITS AND 1,300 BABIES DELIVERED.
CHARITY CARE, MEANS-TESTED PROGRAMS AND OTHER COMMUNITY BENEFITSCHARITY CARE AND MEANS-TESTED PROGRAMS: ALLEN MEMORIAL HOSPITAL CORPORATION PROVIDES CHARITY CARE AND OTHER MEANS-TESTED PROGRAMS WITH...
CHARITY CARE, MEANS-TESTED PROGRAMS AND OTHER COMMUNITY BENEFITSCHARITY CARE AND MEANS-TESTED PROGRAMS: ALLEN MEMORIAL HOSPITAL CORPORATION PROVIDES CHARITY CARE AND OTHER MEANS-TESTED PROGRAMS WITH THE GOAL TO IMPROVE THE COMMUNITY'S OVERALL HEALTH AND ACCESS TO CARE. THIS INCLUDES HEALTH-CARE SERVICES REGARDLESS OF THE PATIENT'S INSURANCE COVERAGE OR FINANCIAL STATUS. CHARITY CARE AND PARTIAL TO FULL FINANCIAL ASSISTANCE IS PROVIDED TO PATIENTS ON A CASE-BY-CASE BASIS. CHARITY CARE WAS MADE AVAILABLE AT A VALUE OF $1,703,926 IN 2023. OFTEN TIMES, ALLEN MEMORIAL HOSPITAL CORPORATION RECEIVES PAYMENTS FROM PAYORS OR PATIENTS THAT ARE LESS THAN IT CHARGES FOR SERVICES. ALLEN MEMORIAL HOSPITAL CORPORATION PARTICIPATES IN MEDICAID AND OTHER GOVERNMENT-SPONSORED HEALTH-CARE PROGRAMS. ALLEN MEMORIAL HOSPITAL CORPORATION'S NET COST OF PROVIDING CARE FOR WHICH IT RECEIVES PAYMENT BELOW ITS COST IS $921,629 FOR 2023. TOTAL CHARITY CARE AND MEANS-TESTED PROGRAMS REPORTED VALUE: $2,625,555.OTHER BENEFITS: ALLEN MEMORIAL HOSPITAL CORPORATION PROVIDES SEVERAL OTHER BENEFITS THAT ASSIST THE COMMUNITY. PROGRAMS MAY INCLUDE, BUT ARE NOT LIMITED TO, COMMUNITY HEALTH IMPROVEMENT SERVICES AND COMMUNITY BENEFIT OPERATIONS SUCH AS PREVENTION AND HEALTH SCREENINGS; HEALTH PROFESSIONAL'S EDUCATION; SUBSIDIZED HEALTH SERVICES; RESEARCH, AND CASH AND IN-KIND CONTRIBUTIONS TO COMMUNITY GROUPS. ALLEN MEMORIAL HOSPITAL CORPORATION COLLABORATES WITH OTHER HOSPITALS, CHURCHES, SCHOOLS, CHAMBERS OF COMMERCE AND DAYCARE CENTERS TO IMPROVE COMMUNITY HEALTH AND EXPAND ACCESS TO HEALTH CARE. ALLEN MEMORIAL HOSPITAL CORPORATION HAS DEDICATED STAFF TO ASSIST COMMUNITY BENEFIT EFFORTS. TOTAL OTHER BENEFITS REPORTED VALUE: $23,167,335.
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 | $371,747,996 | $328,488,106 | +0.1% |
| Expenses | $381,282,577 | $340,402,400 | +0.1% |
| Net Income | $-9,534,581 | $-11,914,294 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| STACEY BENTLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HENRY BEVEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL BYL | BOARD VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KYLE CHRISTIASON MD | BOARD CHAIR | 1.00 |
Officer
Director
|
$0 | $43,125 | $427,928 |
| PAMELA DELAGARDELLE TO 823 | BOARD MEMBER/PRESIDENT/CEO | 40.00 |
Officer
Director
|
$502,003 | $102,337 | $1,082,998 |
| JENNIFER FRIEDLY-VP COO TO 823 | BOARD MEMBER/MARKET PRES (FR 8/23) | 40.00 |
Officer
Director
|
$407,057 | $76,127 | $483,184 |
| JOAN HEADINGTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROL HIBBS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LANCE HORBACH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PRADEEP RAMESH MD | BOARD MEMBER | 1.00 |
Director
|
$0 | $51,789 | $620,332 |
| JOSEPH TRIPP-RIEKS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY WERTZBERGER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ZACHARY FRENCH | VP FINANCE | 40.00 |
Officer
|
$226,659 | $16,492 | $243,151 |
| RUSSELL ADAMS | CHIEF MEDICAL OFFICER | 40.00 |
Key Emp
|
$34,493 | $39,022 | $526,675 |
| SARAH BROWN TO 723 | CHIEF NURSING OFFICER | 40.00 |
Key Emp
|
$204,647 | $46,528 | $504,908 |
| JODEE KNOX FR 723 | INTERIM CHIEF NURSING OFFICER | 40.00 |
Key Emp
|
$224,300 | $11,229 | $235,529 |
| RAJEEV ANUGU MD | PHYSICIAN- RADIOLOGY | 40.00 |
Highest
|
$1,156,408 | $48,406 | $1,204,814 |
| PAUL MCCAUGHEY DO | EMERGENCY MEDICINE | 40.00 |
Highest
|
$795,699 | $51,456 | $847,155 |
| NISHAD NADKARNI MD | PHYSICIAN- RADIOLOGY | 40.00 |
Highest
|
$919,093 | $27,242 | $946,335 |
| MARK NEWTON MD | PHYSICIAN- UROLOGY | 40.00 |
Highest
|
$793,733 | $42,691 | $836,424 |
| ROBERTO SALAS FRAGOMENI MD | PHYSICIAN- RADIOLOGY | 40.00 |
Highest
|
$1,119,108 | $41,626 | $1,160,734 |
| STEVEN PALMERSHEIM TO 1221 | FORMER VP FINANCE/CFO UPC & ACO | 0.00 |
|
$0 | $77,246 | $528,348 |
| CHRISTOPHER HILL DO TO 121 | PHYSICIAN-ER/PHYSICIAN DYAD LEADER | 0.00 |
|
$0 | $36,658 | $547,762 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $371,747,996 | $381,282,577 | $391,654,120 | $-9,534,581 |
| 2022 | $328,488,106 | $340,402,400 | $406,846,827 | $-11,914,294 |
| 2021 | $308,745,065 | $301,903,022 | $460,161,982 | $6,842,043 |
| 2020 | $304,655,086 | $292,585,214 | $444,081,871 | $12,069,872 |
| 2019 | $310,189,915 | $285,517,378 | $384,612,585 | $24,672,537 |
| 2018 | $283,096,737 | $268,240,434 | $339,314,585 | $14,856,303 |
Compare ALLEN MEMORIAL HOSPITAL CORPORATION with other nonprofits in Iowa and across the country.