NEPTUNE, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VNA HEALTH GROUP OF NEW JERSEY LLC, founded in 2015, is a major nonprofit in the Health Care sector that reported $141.3M in total revenue in fiscal year 2023. Expenses of $133.1M left a modest 6% surplus.
VNA HEALTH GROUP OF NEW JERSEY, LLC IS A NONPROFIT ORGANIZATION DEDICATED TO HELPING INDIVIDUALS AND FAMILIES IN ACHIEVING THEIR BEST LEVEL OF WELL-BEING BY PROVIDING COMPASSIONATE, COORDINATED, AND INNOVATIVE CARE IN THEIR HOMES AND COMMUNITIES.
THE VNA HEALTH GROUP AND ITS AFFILIATES, INCLUDING VNA HEALTH GROUP OF NEW JERSEY, LLC, PROVIDED HOME HEALTH, HOSPICE AND COMMUNITY BASED SERVICES TO THE PEOPLE IN ITS SERVICE AREA. DURING 2023...
THE VNA HEALTH GROUP AND ITS AFFILIATES, INCLUDING VNA HEALTH GROUP OF NEW JERSEY, LLC, PROVIDED HOME HEALTH, HOSPICE AND COMMUNITY BASED SERVICES TO THE PEOPLE IN ITS SERVICE AREA. DURING 2023, APPROXIMATELY 819,000 VISITS WERE PROVIDED TO OVER 41,500 INDIVIDUALS WHO RECEIVED HOME HEALTH CARE AND HOSPICE SERVICES FROM THE ORGANIZATION AND ITS AFFILIATED ENTITIES. Our innovative, programmatic Institutes focus on three critical cores of VNA Health Group: health of children and their families; coordination of care enhanced by technology; and care for patients with serious, chronic and end-stage illness. Each institute has an expert thought leader and is providing enhanced access, care and services for patients, their families and our communities. Our Advanced Care Institute helps patients with late-stage, chronic illnesses stay at home comfortably with support from family, a visiting physician, and A palliative care team. Our goal is to educate clinicians, communities, patients and their families on best practices in chronic disease and palliative and hospice care. Within the Children and Family Health Institute are three centers focused on helping children and families achieve their highest level of health from pre-natal to adult: the Center for Early Childhood Development and Family Support; the Center for Primary Care and Public Health; and the Center for Pediatric Home Care. The Connected Health Institute spearheads mobile and digital initiatives to improve patient outcomes. With more than 1,500 clinicians, VNA Health Group and its affiliates have the unique opportunity to become a nationally recognized leader in researching, developing, and testing technologies that improve patient care. SIGNIFICANT changes are underway in health care including a dramatic increase in the older adult population, a national movement to contain health costs and expansion in mobile and digital health technologies. VNA Health Group is taking bold steps to reimagine how IT can address these challenges, secure ITS future and improve care for all patients, including the most frail and vulnerable. Our unique organizational structure features Joint Venture Partnerships with RWJ Barnabas Health for Home Health, Hospice and Palliative Care Services as well as acquisitions of organizations aligned with VNA's mission.
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 | $141,315,009 | $145,529,620 | 0.0% |
| Expenses | $133,091,797 | $134,774,297 | 0.0% |
| Net Income | $8,223,212 | $10,755,323 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| THOMAS A BIGA FACHE | CHAIR | 5.0 |
Officer
Director
|
$0 | $630,360 | $3,791,398 |
| MATTHEW S FULTON FACHE | TRUSTEE | 5.0 |
Director
|
$0 | $156,802 | $1,002,190 |
| STEVEN H LANDERS MD MPH | VICE CHAIR (TERMED) | 20.0 |
Officer
|
$0 | $31,935 | $689,794 |
| PETER GAYLORD MBA | TREASURER | 15.0 |
Officer
Director
|
$0 | $90,311 | $653,636 |
| JOHN CHIAPPINELLI ESQ | SECRETARY | 15.0 |
Officer
Director
|
$0 | $62,126 | $428,511 |
| ELLEN M GUSICK RN BSN | PRESIDENT HOME HEALTH & CNO | 20.0 |
Director
|
$345,558 | $57,596 | $403,154 |
| CHRISTOPHER RINN | VICE CHAIR | 20.0 |
Officer
Director
|
$0 | $61,884 | $355,838 |
| MARIANNE M HOLLER DO | CHIEF MEDICAL OFFICER | 50.0 |
Highest
|
$282,627 | $21,599 | $304,226 |
| SEEMA N VARMA MD | Med Dir Hos/Pall Care Pro | 50.0 |
Highest
|
$263,344 | $31,020 | $294,364 |
| VANDANA SHARMA | Med Dir Hos/Pall Care Pro | 50.0 |
Highest
|
$238,012 | $24,557 | $262,569 |
| AUDREY B RADIN | ASSOC. CHIEF MEDICAL OFFICER | 50.0 |
Highest
|
$238,075 | $19,506 | $257,581 |
| SHIRA GOLDBERG TERMED | Med Dir Hos/Pall Care Pro | 50.0 |
Highest
|
$240,418 | $8,574 | $248,992 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $141,315,009 | $133,091,797 | $144,877,237 | $8,223,212 |
| 2022 | $145,529,620 | $134,774,297 | $145,120,679 | $10,755,323 |
| 2021 | $153,128,223 | $136,396,825 | $147,282,061 | $16,731,398 |
| 2020 | $155,530,886 | $134,846,560 | $152,879,003 | $20,684,326 |
| 2019 | $148,335,014 | $132,804,267 | $136,328,261 | $15,530,747 |
| 2018 | $141,929,396 | $126,970,146 | $142,051,661 | $14,959,250 |
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