FAIRFAX, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PEDIATRIC SPECIALISTS OF VIRGINIA LLC, founded in 2013, is a mid-sized nonprofit in the Health Care sector that reported $35.7M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $51.7M exceeded revenue, resulting in a 45% operating deficit.
PEDIATRIC SPECIALISTS OF VIRGINIA'S (PSV) CHARITABLE MISSION IS TO MEET THE PEDIATRIC SPECIALIST STAFFING NEEDS OF INOVA AND CHILDREN'S NATIONAL MEDICAL CENTER (CNMC) AND TO PROVIDE PEDIATRIC SPECIALIST CONSULTS TO PEDIATRIC PATIENTS AS REQUESTED BY INOVA OR CNMC. ALSO TO EXPAND OUTPATIENT PEDIATRIC SPECIALIST SERVICES IN NORTHERN VIRGINIA THROUGH THE OPERATION OF AMBULATORY CARE SITES, AMONG OTHER VEHICLES.
PSV PROVIDES MEDICAL CARE AND RELATED SERVICES TO CHILDREN WHO SEEK DIAGNOSIS, TREATMENT, AND CARE WITHOUT REGARD TO RACE, COLOR, CREED, SEX, DISABILITY, NATIONAL ORIGIN, SEXUAL ORIENTATION, OR...
PSV PROVIDES MEDICAL CARE AND RELATED SERVICES TO CHILDREN WHO SEEK DIAGNOSIS, TREATMENT, AND CARE WITHOUT REGARD TO RACE, COLOR, CREED, SEX, DISABILITY, NATIONAL ORIGIN, SEXUAL ORIENTATION, OR POVERTY STATUS. PSV'S PHYSICIANS AND ALLIED STAFF PROVIDE SERVICES IN THE FOLLOWING PEDIATRIC SPECIALTY AREAS: GASTROENTEROLOGY, ORTHOPEDICS, NEPHROLOGY, GENETICS, HEMATOLOGY/ONCOLOGY, ENDOCRINOLOGY, RHEUMATOLOGY, INFECTIOUS DISEASES, PSYCHOLOGY, NEUROLOGY, PSYCHIATRY, ALLERGY AND IMMUNOLOGY, DEVELOPMENTAL PEDIATRICS, NEUROSURGERY, PHYSICAL MEDICINE AND REHABILITATION, ADOLESCENT GYNECOLOGY, UROLOGY, PULMONARY MEDICINE, OTOLARYNGOLOGY, OPHTHALMOLOGY, AND PLASTIC SURGERY TO ALL PEDIATRIC PATIENTS ON A NON-DISCRIMINATORY BASIS. IN ADDITION, PSV OPERATES AN OUTPATIENT SURGERY CENTER AND PROVIDES PEDIATRIC ANESTHESIOLOGY SERVICES. PSV ENGAGES IN ACTIVITIES THAT EDUCATE THE COMMUNITY WITH RESPECT TO AREAS OF CRITICAL HEALTH CARE IMPORTANCE. THROUGH ITS AFFILIATION WITH INOVA AND CHILDREN'S NATIONAL MEDICAL CENTER, PSV PARTICIPATES IN HEALTH SCREENINGS, HEALTH FAIRS, AND HEALTH EDUCATION CLASSES MADE AVAILABLE TO ALL RESIDENTS IN THE COMMUNITY, WHETHER OR NOT THEY ARE PATIENTS OF PSV. PSV'S EMPLOYED PHYSICIANS ALSO PARTICIPATE IN ACADEMIC AND RESEARCH PROGRAMS. PSV PHYSICIANS SERVE AS FACULTY FOR AREA MEDICAL SCHOOLS, PARTICIPATING IN THE MEDICAL EDUCATION PROGRAMS OF THE AFFILIATED HOSPITALS AND INSTRUCTING STUDENTS. BY ENGAGING IN PATIENT CARE AND TEACHING ACTIVITIES AT THE MEMBERS' HOSPITALS, PSV PROMOTES THE HEALTH AND WELL BEING OF THE COMMUNITIES SERVED AND FOSTERS A DYNAMIC AND INTERACTIVE LEARNING ENVIRONMENT FOR FUTURE PHYSICIANS. PSV'S EMPLOYED PHYSICIANS AND ALLIED STAFF ALSO CONDUCT MEDICAL RESEARCH TO ADVANCE THE STUDY AND PRACTICE OF MEDICINE AND TO FIND CURES FOR DISEASES. RESULTS OF THE RESEARCH HAVE BEEN MADE AVAILABLE TO THE GENERAL PUBLIC. PSV'S PHYSICIANS PROVIDE SERVICES TO PATIENTS AT FIVE DISTINCT LOCATIONS IN NORTHERN VIRGINIA. BY PROVIDING HIGHLY-SPECIALIZED PEDIATRIC PHYSICIAN CARE TO ALL CHILDREN IN THE LARGE, DIVERSE, AND GROWING NORTHERN VIRGINIA COMMUNITY, PSV FULFILLS A VALUABLE COMMUNITY NEED. PSV HAS MADE AVAILABLE TO ALL CHILDREN, INCLUDING INDIGENT CHILDREN WHO REQUIRE MEDICAL CARE, THE SERVICES OF ITS PHYSICIANS AND OF ITS QUALIFIED HEALTH CARE PROFESSIONALS CONSISTENT WITH PSV'S POLICIES FOR PROVIDING NEEDED MEDICAL SERVICES TO PATIENTS REGARDLESS OF THEIR ABILITY TO PAY.
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 | $35,672,096 | $39,475,850 | -0.1% |
| Expenses | $51,738,257 | $63,973,572 | -0.2% |
| Net Income | $-16,066,161 | $-24,497,722 | -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 |
|---|---|---|---|---|---|---|
| JOANNA FAZIO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE MCGUIRE END 91823 | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID ASHMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE NARANG | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| IAN LEIBOWITZ MD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE GANTSOUDES BEG 1123 | TRUSTEE, PHYSICIAN | 40.00 |
Director
|
$694,741 | $48,630 | $743,371 |
| MARC DIFAZIO MD | CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| CYNTHIA GIBSON MD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LAUREL BLAKEMORE MD | CEO | 40.00 |
Officer
|
$972,024 | $26,658 | $998,682 |
| WILLIAM JUDD | COO | 40.00 |
Officer
|
$306,259 | $18,473 | $324,732 |
| MARGARET HARRIS | CHIEF FINANCIAL OFFICER | 40.00 |
Officer
|
$213,295 | $15,296 | $228,591 |
| THAN NGUYEN | PHYSICIAN | 40.00 |
Key Emp
|
$258,740 | $23,417 | $282,157 |
| EMILY HATTWICK | MEDICAL DIRECTOR | 40.00 |
Key Emp
|
$378,346 | $45,475 | $423,821 |
| THOMAS CHARLES NEWTON | PHYSICIAN | 40.00 |
Key Emp
|
$299,026 | $16,887 | $315,913 |
| LAURA ELEANOR GILL-SEALY | PHYSICIAN | 40.00 |
Highest
|
$647,032 | $45,780 | $692,812 |
| JOSEPH LETZELTER III | PHYSICIAN | 40.00 |
Highest
|
$586,877 | $44,461 | $631,338 |
| MERYL LUDWIG | PHYSICIAN | 40.00 |
Highest
|
$440,785 | $13,651 | $454,436 |
| EVAN SHEPPARD | PHYSICIAN | 40.00 |
Highest
|
$565,590 | $1,911 | $567,501 |
| JOANNE DEKIS | PHYSICIAN | 40.00 |
Highest
|
$504,475 | $25,229 | $529,704 |
| LEON MOORES MD | PHYSICIAN, FORMER CEO | 40.00 |
|
$368,467 | $5,923 | $374,390 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $35,672,096 | $51,738,257 | $42,999,402 | $-16,066,161 |
| 2022 | $39,475,850 | $63,973,572 | $54,902,810 | $-24,497,722 |
| 2021 | $38,520,642 | $59,561,181 | $27,579,335 | $-21,040,539 |
| 2020 | $33,053,071 | $54,926,554 | $25,094,629 | $-21,873,483 |
| 2019 | $35,980,077 | $56,338,233 | $24,285,075 | $-20,358,156 |
| 2018 | $35,699,563 | $55,660,273 | $23,043,112 | $-19,960,710 |
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