MEMPHIS, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MEMPHIS LUNG PHYSICIANS FOUNDATION INC, founded in 2011, is a mid-sized nonprofit in the Health Care sector that reported $17.0M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $23.2M exceeded revenue, resulting in a 36% operating deficit.
MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. SPECIALIZES IN PULMONARY, CRITICAL CARE AND SLEEP MEDICINE.
MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. SPECIALIZES...
MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. PROVIDES QUALITY MEDICAL HEALTH CARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, OR AGE. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. SPECIALIZES IN PULMONARY, CRITICAL CARE AND SLEEP MEDICINE. IN ADDITION TO CRITICAL CARE, WE FOCUS ON THE DIAGNOSIS AND TREATMENT OF ACUTE RESPIRATORY DISTRESS, CHRONIC OBSTRUCTIVE PULMONARY DISEASE, ASTHMA, CYSTIC FIBROSIS, LUNG CANCER, OBSTRUCTIVE SLEEP APNEA AND OTHER PULMONARY DISEASES AND CONDITIONS. ALTHOUGH REIMBURSEMENT FOR SERVICES IS CRITICAL TO THE OPERATION AND STABILITY OF MEMPHIS LUNG PHYSICIANS FOUNDATION, INC., IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE HEALTH CARE SERVICES AND HEALTH CARE EDUCATION. THEREFORE, IN KEEPING WITH ITS COMMITMENT TO SERVE ALL MEMBERS OF ITS COMMUNITY, MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. PROVIDES THE FOLLOWING: - FREE CARE AND/OR SUBSIDIZED CARE WHERE THE NEED AND/OR AN INDIVIDUAL'S INABILITY TO PAY COEXIST, - CARE PROVIDED TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT BELOW COST, AND - HEALTH ACTIVITIES AND PROGRAMS TO SUPPORT THE COMMUNITY. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. HAS HAD A LONG HISTORY OF WORKING WITH BAPTIST MEMORIAL HEALTH CARE CORPORATION AND RELATED ENTITIES. MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. HAS PLAYED A MAJOR ROLE IN DEVELOPING NATIONALLY RECOGNIZED INTENSIVE CARE SERVICES AT THE BAPTIST MEMORIAL HOSPITALS AND DEVELOPING SLEEP MEDICINE SERVICES THAT ARE OFFERED BY THE HOSPITALS. PHYSICIANS AT MEMPHIS LUNG PHYSICIANS FOUNDATION, INC. HAVE WORKED TO IMPROVE THE OUTCOMES OF PATIENTS IN THE BAPTIST MEMORIAL HOSPITALS' INTENSIVE CARE UNITS BY DECREASING HOSPITAL ACQUIRED INFECTIONS COMMON TO INTENSIVE CARE PATIENTS.
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 | $16,993,063 | $14,816,791 | +0.1% |
| Expenses | $23,152,035 | $21,149,767 | +0.1% |
| Net Income | $-6,158,972 | $-6,332,976 | 0.0% |
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 |
|---|---|---|---|---|---|---|
| GARY C ANDERSON | DIRECTOR (THRU 12/23) | 0.04 |
Director
|
$0 | $88,606 | $1,300,745 |
| MARK E SWANSON MD | DIRECTOR | 0.04 |
Director
|
$0 | $24,823 | $1,220,645 |
| TODD M HENDERSON MD | PHYSICIAN/DIRECTOR | 40.00 |
Director
|
$680,792 | $89,523 | $770,315 |
| KENNETH A OKPOR MD | PHYSICIAN/DIRECTOR | 40.00 |
Director
|
$667,120 | $75,814 | $742,934 |
| EDWIN P CADE | DIRECTOR (AS OF 01/24) | 0.04 |
Director
|
$0 | $105,548 | $723,056 |
| MUHAMMAD SHEIKH MD | PHYSICIAN/DIRECTOR | 40.00 |
Director
|
$597,536 | $68,517 | $666,053 |
| JEFFREY WRIGHT MD | PRESIDENT/DIRECTOR | 39.77 |
Officer
Director
|
$579,228 | $73,204 | $652,432 |
| JUSTIN RHODES | DIRECTOR (AS OF 01/24) | 0.04 |
Director
|
$0 | $84,677 | $526,012 |
| MICHAEL D WILONS MD | VICE PRESIDENT/DIRECTOR | 40.00 |
Officer
Director
|
$194,597 | $69,205 | $263,802 |
| GREGORY M DUCKETT | SECRETARY | 0.04 |
Officer
|
$0 | $90,318 | $1,346,501 |
| JACQUELINE RYAN | CEO | 40.00 |
Officer
|
$0 | $62,227 | $244,679 |
| ANDREW D JETER | CFO | 0.50 |
Officer
|
$0 | $43,316 | $230,865 |
| ISTVAN WOLLAK MD | PHYSICIAN | 40.00 |
Highest
|
$688,335 | $90,618 | $778,953 |
| OBAID U AWAN MD | PHYSICIAN | 40.00 |
Highest
|
$716,030 | $44,193 | $760,223 |
| GEORGE WILLIAMS MD | PHYSICIAN | 40.00 |
Highest
|
$691,339 | $55,997 | $747,336 |
| ANURAG MEHROTRA MD | PHYSICIAN | 40.00 |
Highest
|
$680,397 | $66,104 | $746,501 |
| GEORGE M HINNANT | PHYSICIAN | 40.00 |
Highest
|
$636,512 | $58,349 | $694,861 |
| KIMBERLY O YOUNG | FORMER CFO | 0.00 |
|
$0 | $47,942 | $620,481 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $16,993,063 | $23,152,035 | $7,774,939 | $-6,158,972 |
| 2023 | $14,816,791 | $21,149,767 | $8,518,999 | $-6,332,976 |
| 2022 | $15,360,647 | $21,621,475 | $8,261,037 | $-6,260,828 |
| 2021 | $13,322,151 | $17,687,741 | $4,739,184 | $-4,365,590 |
| 2020 | $12,735,495 | $15,768,529 | $1,013,655 | $-3,033,034 |
| 2019 | $13,349,772 | $14,173,889 | $1,139,252 | $-824,117 |
| 2018 | $12,222,969 | $13,237,898 | $1,358,106 | $-1,014,929 |
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