Stamford, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Jones County Regional Healthcare System, founded in 2013, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2018. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $8.8M exceeded revenue, resulting in a 273% operating deficit.
THE BOARD APPROVED MISSION AND VISION ARE THAT "WE ARE A CHRISTIAN, NON-PROFIT ORGANIZATION DEDICATED TO CREATE-ING OUTSTANDING HEALTHCARE.STANDS FOR COURTESY, RESPECT, ENGAGE, ATTITUDE, THINK, AND ENJOY.
STAMFORD MEMORIAL HOSPITAL IS AN ACUTE CARE HOSPITAL LOCATED IN STAMFORD, TX. WE OFFER INPATIENT SERVICES SUCH AS GENERAL ACUTE CARE, SWING BED AND ER care. WE TREATED 35 INPATIENTS AND THEN CEASED...
STAMFORD MEMORIAL HOSPITAL IS AN ACUTE CARE HOSPITAL LOCATED IN STAMFORD, TX. WE OFFER INPATIENT SERVICES SUCH AS GENERAL ACUTE CARE, SWING BED AND ER care. WE TREATED 35 INPATIENTS AND THEN CEASED HOSPITAL OPERATIONS ON 7/9/18. OUTPATIENT SERVICES INCLUDE A FULL SERVICE LABORATORY, AND A RADIOLOGY DEPARTMENT THAT INCLUDES ROUTINE X-RAYS, CT SCANS, ULTRASOUNDS, CARDIAC AND DOPPLER IMAGING. PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY ARE ALSO AVAILABLE ON BOTH AN INPATIENT AND OUTPATIENT BASIS. WE HAD 855 ER VISITS IN 2018 AND 1,735 CLINIC VISITS.
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)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $2,355,237 | $52,296,142 | -1.0% |
| Expenses | $8,791,081 | $59,264,772 | -0.9% |
| Net Income | $-6,435,844 | $-6,968,630 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| Susan Mueller | Secretary | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| CARY DAVIS | VICE PRESIDENT | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFREY ROBERTSON | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| ERICK RICHARDS | PRESIDENT | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN BILL OMAN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| RICK DEFOORE | CEO END: 08/18 | 40.0 |
Officer
|
$163,931 | $0 | $163,931 |
| SANDY FINLEY | CAO/CEO | 40.0 |
Officer
|
$59,775 | $0 | $59,775 |
| VICKIE MEYERS | COO END: 7/18 | 40.0 |
Officer
|
$93,997 | $0 | $93,997 |
| ELIZABETH MILLER | CFO end: 8/18 | 40.0 |
Officer
|
$57,471 | $0 | $57,471 |
| JAMIE BENHAM | NURSE PRACTITIONER end: 8/18 | 40.0 |
Highest
|
$118,817 | $0 | $118,817 |
| DOUG KRUCKNER MD | PHYSICIAN end: 6/18 | 40.0 |
Highest
|
$194,444 | $0 | $194,444 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $2,355,237 | $8,791,081 | $440,444 | $-6,435,844 |
Compare Jones County Regional Healthcare System with other nonprofits in Texas and across the country.