Haleyville, AL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAKELAND COMMUNITY HOSPITAL INC C/O LOWE MOBLEY LOWE & LEDUKE, founded in 2014, is a mid-sized nonprofit in the Health Care sector that reported $19.1M in total revenue in fiscal year 2019. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $17.3M left a modest 9% surplus.
Lakeland Community Hospital, Inc. seeks to improve the delivery of healthcare services in rural America by giving local healthcare organizations an alternative to for-profit hospital companies or tertiary health systems that view rural hospitals as referral sources and which are aggressively divesting or even closing distressed rural hospitals. Lakeland Community Hospital, Inc. has created a nonprofit healthcare system that focuses on stabilizing rural hospitals by providing them with rural healthcare management expertise and more efficient, low cost services that are traditionally only available through larger healthcare systems.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $19,887,121 | $25,741,220 | -0.2% |
| Expenses | $22,079,629 | $24,290,777 | -0.1% |
| Net Income | $-2,192,508 | $1,450,443 | -2.5% |
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 |
|---|---|---|---|---|---|---|
| N/A | Chariman of Board | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Board Member (half year) | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member (half year) | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | CFO | 40.0 |
Officer
|
$83,823 | $3,231 | $87,054 |
| N/A | CEO | 40.0 |
Officer
|
$172,318 | $304 | $172,622 |
| N/A | Prior CFO | 40.0 |
Officer
|
$47,715 | $2,338 | $50,053 |
| N/A | Nurse Practitioner | 40.0 |
Highest
|
$110,011 | $0 | $110,011 |
| N/A | House Supervisor | 40.0 |
Highest
|
$125,361 | $6,776 | $132,137 |
| N/A | Employed Physician | 40.0 |
Highest
|
$453,606 | $0 | $453,606 |
| N/A | Employed Physician | 40.0 |
Highest
|
$275,234 | $216 | $275,450 |
| N/A | Employed Physician | 40.0 |
Highest
|
$171,342 | $0 | $171,342 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $19,887,121 | $22,079,629 | $10,324,909 | $-2,192,508 |
| 2022 | $25,741,220 | $24,290,487 | $12,009,938 | $1,450,733 |
| 2021 | $21,083,518 | $23,240,393 | $14,477,137 | $-2,156,875 |
| 2020 | $30,480,029 | $21,974,040 | $9,749,900 | $8,505,989 |
| 2019 | $19,056,298 | $17,346,177 | $5,544,174 | $1,710,121 |
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