Rapid City, SD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Monument Health Rapid City Hospital Inc, founded in 1973, is a large national nonprofit in the Health Care sector that reported $1.1B in total revenue in fiscal year 2024.
Our vision at Monument Health Rapid City Hospital is to be one team, to listen, to be inclusive, and to show we care. Monument Health Rapid City Hospital is dedicated to improving the health of individuals and our communities.
Monument Health Rapid City Hospital, Inc. (MHRCH) offers both inpatient and outpatient health services. Its tertiary hospital, Rapid City Hospital (RCH), serves Western South Dakota. The nearest...
Monument Health Rapid City Hospital, Inc. (MHRCH) offers both inpatient and outpatient health services. Its tertiary hospital, Rapid City Hospital (RCH), serves Western South Dakota. The nearest larger hospital is in Sioux Falls, SD, more than 350 miles away. As such, the services provided by MHRCH are truly a healthcare safety net for Western South Dakota. MHRCH is a community-based health care system with a mission to make a difference, every day. MHRCH also provides patient care at the Behavioral Health Center, Orthopedic and Specialty Hospital, Family Medicine Residency Clinic, Heart and Vascular Institute, Hospice House, Medical Clinics and Urgent Care locations. The Hospital employs physicians through its residency, cardiology, cardiovascular surgery, medical oncology, psychiatry, neurology, hospitalist, orthopedics and other programs.Monument Health Home Plus, LLC provides home care, hospice, pharmacy, and durable medical equipment services to the communities Monument Health serves.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,091,839,091 | $1,031,704,132 | +0.1% |
| Expenses | $1,059,820,826 | $986,969,990 | +0.1% |
| Net Income | $32,018,265 | $44,734,142 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| Paulette R Davidson | President & CEO | 51.30 |
Officer
Director
|
$0 | $267,590 | $2,199,697 |
| Brad Archer MD | Chief Medical Officer | 47.11 |
Director
|
$972,031 | $134,035 | $1,106,066 |
| Bobbie Schneller DO | Board Member/Employed Physician | 40.89 |
Director
|
$401,285 | $64,301 | $465,586 |
| Steven Frost MD | Board Member | 0.89 |
Director
|
$3,000 | $0 | $3,000 |
| Daryl Reinicke | Chair | 1.94 |
Officer
Director
|
$0 | $0 | $0 |
| Holly Lien | Board Member | 0.81 |
Director
|
$0 | $0 | $0 |
| Ross Mckie | Vice Chair | 1.57 |
Officer
Director
|
$0 | $0 | $0 |
| Scott Barbour | Board Member | 1.27 |
Director
|
$0 | $0 | $0 |
| Tom Rau | Board Member | 0.81 |
Director
|
$0 | $0 | $0 |
| Donna Wright | Board Member | 0.72 |
Director
|
$0 | $0 | $0 |
| Dusty Petersen | Board Member | 0.89 |
Director
|
$0 | $0 | $0 |
| Michael Huot MD | Board Member | 0.98 |
Director
|
$14,180 | $0 | $14,180 |
| Lance Roberts | Board Member | 0.98 |
Director
|
$0 | $0 | $0 |
| Don Warne MD | Board Member | 0.61 |
Director
|
$36,000 | $0 | $36,000 |
| Stephanie Forsythe | Board Member Until 02/2025 | 0.26 |
Director
|
$0 | $0 | $0 |
| Jacob Weasel MD | Board Member/Employed Physician | 40.00 |
Director
|
$494,488 | $72,250 | $566,738 |
| Mark A Thompson | Chief Bus Dev Officer Until 12/2024 | 47.02 |
Officer
|
$505,374 | $49,245 | $554,619 |
| Austin Willuweit | Chief Financial Officer | 47.02 |
Officer
|
$528,595 | $84,168 | $612,763 |
| John Pierce | President Rapid City Hospital and Market | 55.00 |
Key Emp
|
$822,063 | $121,912 | $943,975 |
| Michael Tilles | VP Operations-Rapid City Market | 55.00 |
Key Emp
|
$453,907 | $48,897 | $502,804 |
| Mark Longacre until 53124 | VP Operations-Rapid City Market | 55.00 |
Key Emp
|
$158,824 | $22,306 | $181,130 |
| Mark Schulte | VP Rapid City Market | 55.00 |
Key Emp
|
$411,968 | $62,831 | $474,799 |
| Tasha Frisinger | VP of Nursing | 55.00 |
Key Emp
|
$319,664 | $48,698 | $368,362 |
| Patrick Woodard | Chief Information Officer | 47.02 |
Key Emp
|
$621,118 | $66,971 | $688,089 |
| Barbara Hespen | Pres. Custer Market&System CNO | 16.50 |
Key Emp
|
$0 | $57,574 | $416,538 |
| Joseph Tuma MD | Physician - Cardiology | 40.00 |
Highest
|
$1,889,073 | $140,510 | $2,029,583 |
| Charan Mungara MD | Physician - Cardiology | 40.00 |
Highest
|
$1,394,909 | $107,917 | $1,502,826 |
| Bhaskar Purushottam MD | Physician - Cardiology | 40.00 |
Highest
|
$1,471,104 | $140,912 | $1,612,016 |
| Siri Knutsen Larson MD | Physician - Dermatology | 40.00 |
Highest
|
$1,442,327 | $150,006 | $1,592,333 |
| Ethan Levine MD | Physician - Cardiology | 40.00 |
Highest
|
$1,559,974 | $113,818 | $1,673,792 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,091,839,091 | $1,059,820,826 | $1,484,513,220 | $32,018,265 |
| 2024 | $1,031,704,132 | $986,969,990 | $1,422,455,024 | $44,734,142 |
| 2023 | $912,569,914 | $943,128,785 | $1,355,082,505 | $-30,558,871 |
| 2022 | $927,255,627 | $905,882,311 | $1,405,384,189 | $21,373,316 |
| 2021 | $951,840,989 | $899,932,928 | $1,522,340,119 | $51,908,061 |
| 2020 | $799,060,312 | $767,301,675 | $1,290,053,350 | $31,758,637 |
| 2019 | $808,573,292 | $758,753,926 | $1,161,098,499 | $49,819,366 |
| 2018 | $745,445,350 | $699,034,431 | $1,131,251,656 | $46,410,919 |
Compare Monument Health Rapid City Hospital Inc with other nonprofits in South Dakota and across the country.