COLUMBIA, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)POST-ACUTE AND LONG-TERM CARE MEDICAL ASSOCIATION INC, founded in 1990, is a community nonprofit that reported $5.9M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.
TO PROMOTE AND ENHANCE THE DEVELOPMENT OF COMPETENT, COMPASSIONATE, AND COMMITTED MEDICAL PRACTITIONERS AND LEADERS TO PROVIDE GOAL-CENTERED CARE ACROSS ALL POST-ACUTE AND LONG-TERM CARE SETTINGS.
PROFESSIONAL DEVELOPMENT/MEETINGS:--ANNUAL CONFERENCE - PALTMED PRESENTS AN ANNUAL CONFERENCE WHERE SPEAKERS PRESENT CONTENT DESIGNED TO EXPAND ATTENDEES' KNOWLEDGE, COMPETENCY AND SKILLS IN CLINICAL...
PROFESSIONAL DEVELOPMENT/MEETINGS:--ANNUAL CONFERENCE - PALTMED PRESENTS AN ANNUAL CONFERENCE WHERE SPEAKERS PRESENT CONTENT DESIGNED TO EXPAND ATTENDEES' KNOWLEDGE, COMPETENCY AND SKILLS IN CLINICAL MEDICINE, LEADERSHIP AND MANAGEMENT IN LONG-TERM CARE. THE EVENT ALLOWS ATTENDEES TO CHOOSE FROM A VARIETY OF SESSIONS FOCUSED ON DIFFERENT AREAS OF LONG-TERM AND POST-ACUTE CARE. CONTENT IS CHOSEN THROUGH A COMMITTEE THAT USES ACTIVITY EVALUATIONS, ENVIRONMENTAL SCANNING, EXPERT OPINIONS AND STANDARDS OF PRACTICE TO CHOOSE TOPICS FOR PRESENTATION. THE PROGRAM INCLUDES INTERACTIVE AND DIDACTIC LIVE AND ONLINE PRESENTATIONS. --PROFESSIONAL DEVELOPMENT AND EDUCATION - THE CONTENT OF PALTMED'S PROFESSIONAL DEVELOPMENT ACTIVITIES IS BASED ON A CONTINUOUS NEEDS ASSESSMENT CONDUCTED THROUGH ACTIVITY EVALUATIONS, ENVIRONMENTAL SAMPLING, EXPERT OPINION, AND STANDARDS OF PRACTICE, INCLUDING PRACTICE GUIDELINES. EDUCATION CONTENT IS DESIGNED TO EXPAND THE KNOWLEDGE, COMPETENCY AND SKILLS OF PHYSICIANS AND ALLIED HEALTHCARE PROFESSIONALS WHO TREAT PATIENTS IN LONG TERM CARE SETTINGS THROUGH NATIONAL AND REGIONAL DISSEMINATION OF EMERGING INFORMATION IN CLINICAL MEDICINE AND IN LEADERSHIP AND MANAGEMENT IN LONG TERM CARE. PALTMED UTILIZES A VARIETY OF INSTRUCTIONAL METHODS AND FORMATS FOR ITS CONTINUING EDUCATION ACTIVITIES VIA LIVE AND ON-LINE PROGRAMS, WHICH ARE BASED ON THE DESIRED LEARNING OBJECTIVES AND OUTCOME OF THE EDUCATIONAL ACTIVITY. SPECIFIC ACTIVITIES INCLUDE CORE CURRICULUM ON MEDICAL DIRECTION LIVE AND ONLINE COURSES WITH AUDIENCE RESPONSE, ONLINE ASYNCHRONOUS PROGRAMS, AND PRINT AND ON-LINE ENDURING MATERIALS.
CLINICAL AFFAIRS:--PRODUCTS AND RESOURCES ARE DEVELOPED, AND IMPLEMENTATION SKILLS ARE TAUGHT TO ENHANCE THE CLINICAL AND MANAGEMENT SKILL SET OF MEDICAL DIRECTORS, ATTENDING PHYSICIANS, AND OTHERS...
CLINICAL AFFAIRS:--PRODUCTS AND RESOURCES ARE DEVELOPED, AND IMPLEMENTATION SKILLS ARE TAUGHT TO ENHANCE THE CLINICAL AND MANAGEMENT SKILL SET OF MEDICAL DIRECTORS, ATTENDING PHYSICIANS, AND OTHERS PRACTICING IN THE POST-ACUTE AND LONG-TERM CARE CONTINUUM. PRODUCTS INCLUDE CLINICAL PRACTICE GUIDELINES, INFORMATION TOOLKITS, TEACHING KITS AND SELF-STUDY CONTINUING MEDICAL EDUCATION ("CME") EXAMS.--PALTMED LEADS A FIVE-YEAR CDC GRANT NAMED "IMPROVING ADULT IMMUNIZATION RATES FOR COVID-19, INFLUENZA, AND ROUTINE ADULT VACCINATIONS THROUGH PARTNERSHIPS WITH MEDICAL SUBSPECIALTY PROFESSIONAL SOCIETIES AND THE LONG-TERM CARE PROFESSIONAL SOCIETY". THIS 5-YEAR GRANT WILL INCREASE COVID-19, INFLUENZA, AND ROUTINE ADULT VACCINATION COVERAGE IN ADULTS WITH CHRONIC MEDICAL CONDITIONS, IN OCCUPATIONAL HEALTH CLINICS, AND IN ADULTS WORKING AND RESIDING IN LONG-TERM CARE (LTC) FACILITIES.
MEMBERSHIP AND COMMUNICATIONS:--MEMBERSHIP - PALTMED IS THE ONLY NATIONAL ORGANIZATION GUIDED ENTIRELY AND EXCLUSIVELY BY THE NEEDS AND ISSUES AFFECTING POST-ACUTE AND LONG-TERM CARE MEDICINE. THE...
MEMBERSHIP AND COMMUNICATIONS:--MEMBERSHIP - PALTMED IS THE ONLY NATIONAL ORGANIZATION GUIDED ENTIRELY AND EXCLUSIVELY BY THE NEEDS AND ISSUES AFFECTING POST-ACUTE AND LONG-TERM CARE MEDICINE. THE BENEFITS OF MEMBERSHIP ARE DESIGNED FOR INDIVIDUALS. PALTMED ADDRESSES THE RESPONSIBILITIES OF THE ATTENDING PHYSICIAN, MEDICAL DIRECTOR, PRACTICE MANAGER, NURSE PRACTITIONER, AND PHYSICIAN ASSISTANT AND PROVIDES RESOURCES TO THE ENTIRE INTERDISCIPLINARY TEAM TO ADDRESS DIFFICULT CLINICAL, ADMINISTRATIVE, AND ETHICAL ISSUES IN POST-ACUTE AND LONG-TERM CARE. ALLIED HEALTH, STUDENT AND INDUSTRY MEMBERS ARE ALSO PROVIDED RESOURCES, AND PALTMED NOW OFFERS PRACTICE GROUP NETWORK ("PGN") BENEFITS AS A NEW CATEGORY OF SERVICE.FOR THE YEAR ENDED DECEMBER 31, 2024, ON AVERAGE FOR THE YEAR THERE WERE 2,596 INDIVIDUAL MEMBERS, 558 CORPORATE MEMBERS, AND 1,234 PRACTICE GROUP NETWORK MEMBERS.--COMMUNICATION - PALTMED HAS TWO PUBLICATIONS: JAMDA - THE JOURNAL OF POST-ACUTE AND LONG-TERM CARE MEDICINE ("JAMDA"), A PEER REVIEWED JOURNAL, WHICH IS DISTRIBUTED TWELVE TIMES PER YEAR, AND CARING FOR THE AGES ("CARING"), A MONTHLY NEWSLETTER FOR POSTACUTE AND LONG-TERM CARE PRACTITIONERS.
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 | $5,881,386 | $6,650,060 | -0.1% |
| Expenses | $6,009,356 | $6,584,685 | -0.1% |
| Net Income | $-127,970 | $65,375 | -3.0% |
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 |
|---|---|---|---|---|---|---|
| BARBARA RESNICK PHD CRNP | BOARD REP. UNTIL APRIL 2024 | 2.00 |
Director
|
$42,900 | $0 | $42,900 |
| SUZANNE M GILLESPIE MD RD | IMM. PAST PRES. UNTIL APRIL | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MILTA LITTLE DO CMD PRES | UNTIL APRIL, THEN IMM. PAST PRES. | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAJEEV KUMAR MD FACP CMD | PRES.-ELECT UNTIL APR., THEN PRES. | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SABINE VON PREYSS-FRIEDMAN MD CMD | VP UNTIL APRIL, THEN PRES. ELECT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DALLAS NELSON MD FACP CMD | SECRETARY AS OF APR. | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LESLIE EBER MD CMD COUNCIL | SECRETARY UNTIL APRIL, THEN VP | 2.00 |
Officer
Director
|
$2,000 | $0 | $2,000 |
| SWATI GAUR MD MBA CMD | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| WAYNE S SALTSMAN MD PHD CMD | CHAIR, HOUSE OF DEL. UNTIL APR. | 2.00 |
Director
|
$0 | $0 | $0 |
| CARL BERGMAN MD CMD | CHAIR, HOUSE OF DEL. AS OF APR. | 2.00 |
Director
|
$0 | $0 | $0 |
| DIANE SANDERS-CEPEDA DO CMD | COUNCIL REP. UNTIL APR. | 2.00 |
Director
|
$0 | $0 | $0 |
| DANNY FELTY MD FAAFP CMD | COUNCIL REPRESENTATIVE | 2.00 |
Director
|
$0 | $0 | $0 |
| ALLISON VILLEGAS PA-C | BOARD REPRESENTATIVE | 2.00 |
Director
|
$0 | $0 | $0 |
| LEA C WATSON MD MPH LLC | HOUSE OF DEL. REPRESENTATIVE | 2.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL WASSERMAN MD CMD | COUNCIL REPRESENTATIVE | 2.00 |
Director
|
$2,000 | $0 | $2,000 |
| MONICA OTT MD CMD | COUNCIL REP. AS OF APRIL | 2.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH GALIK PHD CRNP | HOUSE OF DEL. REP. AS OF APRIL | 2.00 |
Director
|
$8,000 | $0 | $8,000 |
| MICHELLE ZINNERT | EXECUTIVE DIRECTOR | 34.00 |
Officer
|
$316,096 | $41,083 | $357,179 |
| JEFFREY ECKERT | DIRECTOR, FINANCE & OPERATIONS | 40.00 |
Highest
|
$164,891 | $8,430 | $173,321 |
| ELIZABETH SOBCZYK | PROJECT DIRECTOR | 40.00 |
Highest
|
$168,750 | $7,775 | $176,525 |
| ALEKSANDR BARDAKH DIRECTOR | ADVOCACY & STRATEGIC PARTERSHIPS | 40.00 |
Highest
|
$153,405 | $8,635 | $162,040 |
| LORI M SHARP DIRECTOR | OF MEMBERSHIP & MARKETING | 40.00 |
Highest
|
$144,928 | $15,998 | $160,926 |
| ERIN A O'BRIEN DIRECTOR | CLINICAL AFFAIRS AND EDUCATION | 40.00 |
Highest
|
$143,320 | $15,697 | $159,017 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $5,881,386 | $6,009,356 | $2,817,248 | $-127,970 |
| 2023 | $6,650,060 | $6,584,685 | $2,835,092 | $65,375 |
| 2023 | $6,650,060 | $6,584,685 | $2,835,092 | $65,375 |
| 2022 | $6,022,417 | $6,376,939 | $2,811,306 | $-354,522 |
| 2021 | $4,167,777 | $3,849,231 | $3,545,749 | $318,546 |
| 2020 | $4,132,743 | $3,908,221 | $3,121,463 | $224,522 |
| 2019 | $4,504,628 | $4,320,594 | $2,710,003 | $184,034 |
| 2018 | $3,738,603 | $4,014,560 | $2,516,149 | $-275,957 |
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