VIRGINIA BEACH, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HALIFAX REGIONAL HOSPITAL INC, founded in 1948, is a mid-sized nonprofit in the Health Care sector that reported $99.3M in total revenue in fiscal year 2023. Expenses of $128.8M exceeded revenue, resulting in a 30% operating deficit.
AS PART OF SENTARA HEALTH'S INTEGRATED HEALTH CARE SYSTEM, WE IMPROVE HEALTH EVERY DAY THROUGH BUILDING, ESTABLISHING, MAINTAINING AND OPERATING HOSPITALS AND OTHER HEALTH CARE FACILITIES AND CLINICS; PROVIDING ANCILLARY AND RELATED MEDICAL AND OTHER HEALTHCARE SERVICES; PROVIDING MANAGEMENT, ADVISORY, SERVICE ASSISTANCE AND OTHER SUPPORT TO HEALTH CARE ORGANIZATIONS HAVING THE SAME PURPOSES AS OUR OWN; ENGAGING IN OTHER RELATED, EXCLUSIVELY CHARITABLE, SCIENTIFIC, EDUCATIONAL AND MEDICAL RESEARCH ACTIVITIES AS MAY BE AUTHORIZED FROM TIME TO TIME BY THE ORGANIZATION'S GOVERNING BODY; AND FOR SUCH PURPOSES, SOLICITING AND RECEIVING FUNDS AND OTHER PROPERTY BY GIFT, TRANSFER, DEVISE, OR BEQUEST, AND INVESTING, REINVESTING, HOLDING, MANAGING, ADMINISTERING, EXPENDING, AND APPLYING SUCH FUNDS AND PROPERTY SUBJECT TO APPLICABLE CONDITIONS AND LIMITATIONS. ALL SUCH ACTIVITIES SUPPORT THE ORGANIZATION'S MISSION TO PROVIDE THE HIGHEST QUALITY CARE BASED ON THE HEALTHCARE NEEDS OF THE PEOPLE SERVED.
HALIFAX REGIONAL HOSPITAL, INC. IS ORGANIZED TO BUILD, ESTABLISH, MAINTAIN AND OPERATE HOSPITALS AND OTHER HEALTH CARE FACILITIES AND CLINICS; PROVIDE ANCILLARY AND RELATED MEDICAL AND OTHER...
HALIFAX REGIONAL HOSPITAL, INC. IS ORGANIZED TO BUILD, ESTABLISH, MAINTAIN AND OPERATE HOSPITALS AND OTHER HEALTH CARE FACILITIES AND CLINICS; PROVIDE ANCILLARY AND RELATED MEDICAL AND OTHER HEALTHCARE SERVICES; PROVIDE MANAGEMENT, ADVISORY, SERVICE ASSISTANCE AND OTHER SUPPORT TO HEALTH CARE ORGANIZATIONS HAVING THE SAME PURPOSES AS ITS OWN; ENGAGE IN OTHER RELATED, EXCLUSIVELY CHARITABLE, SCIENTIFIC, EDUCATIONAL AND MEDICAL RESEARCH ACTIVITIES AS MAY BE AUTHORIZED FROM TIME TO TIME BY ITS GOVERNING BODY; AND FOR SUCH PURPOSES, SOLICIT AND RECEIVE FUNDS AND OTHER PROPERTY BY GIFT, TRANSFER, DEVISE, OR BEQUEST, AND INVEST, REINVEST, HOLD, MANAGE, ADMINISTER, EXPEND, AND APPLY SUCH FUNDS AND PROPERTY SUBJECT TO APPLICABLE CONDITIONS AND LIMITATIONS. ALL SUCH ACTIVITIES SUPPORT ITS MISSION TO PROVIDE THE HIGHEST QUALITY CARE BASED ON THE HEALTHCARE NEEDS OF THE PEOPLE SERVED.
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 | $99,256,514 | $103,666,091 | 0.0% |
| Expenses | $128,841,718 | $122,363,127 | +0.1% |
| Net Income | $-29,585,204 | $-18,697,036 | +0.6% |
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 |
|---|---|---|---|---|---|---|
| CAROL C THOMAS | DIRECTOR/CHAIR | 1.60 |
Officer
Director
|
$0 | $0 | $40,000 |
| HABIB BASSIL MD | DIRECTOR/SECRETARY | 1.00 |
Officer
Director
|
$63,375 | $0 | $63,375 |
| MEGAN R PERRY | DIRECTOR/TREASURER | 1.00 |
Officer
Director
|
$0 | $186,150 | $1,793,140 |
| PAUL A GADEN | DIRECTOR/VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $155,133 | $1,212,995 |
| DABNEY TP GILLIAM JR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID H WHITE JR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| J KENNETH MORGAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEREMY SATTERFIELD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOANNE M INMAN | DIRECTOR | 1.00 |
Director
|
$0 | $118,644 | $701,480 |
| KATHRYN F ROBERTS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SAID B ISKANDAR MD | DIRECTOR (VOTING EX-OFFICIO) | 1.00 |
Director
|
$0 | $0 | $0 |
| TERRANCE J TRUITT MD | DIRECTOR | 1.00 |
Director
|
$18,400 | $0 | $18,400 |
| VALDIVIA T MARSHALL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM E COLEMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN K ZWOYER | PRESIDENT | 40.00 |
Officer
|
$315,243 | $90,411 | $405,654 |
| NICOLE L DOCKERY | KE (DIR PATIENT CARE SVCS) | 40.00 |
Key Emp
|
$218,985 | $37,542 | $256,527 |
| SHERRI F BEE | KE (DIR CARDIAC SVCS) | 40.00 |
Key Emp
|
$173,090 | $53,513 | $226,603 |
| JONI O ABBOTT | PHYSICIAN | 40.00 |
Highest
|
$350,238 | $51,947 | $402,185 |
| KWADWO BARYEH | PHYSICIAN | 40.00 |
Highest
|
$547,043 | $28,232 | $575,275 |
| PABLO SOUZA MD | PHYSICIAN | 40.00 |
Highest
|
$365,518 | $77,364 | $442,882 |
| VICTOR MIHAL | PHYSICIAN | 40.00 |
Highest
|
$365,605 | $32,173 | $397,778 |
| CANDACE CLOCKER | PHYSICIAN | 40.00 |
Highest
|
$282,844 | $39,018 | $321,862 |
| MICHAEL V GENTRY | FORMER OFFICER | 0.00 |
|
$0 | $78,055 | $2,220,921 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $99,256,514 | $128,841,718 | $51,020,502 | $-29,585,204 |
| 2022 | $103,666,091 | $122,363,127 | $55,731,524 | $-18,697,036 |
| 2021 | $103,521,526 | $109,096,142 | $53,542,456 | $-5,574,616 |
| 2020 | $85,918,796 | $88,299,139 | $49,612,708 | $-2,380,343 |
| 2019 | $87,405,897 | $90,426,609 | $50,187,984 | $-3,020,712 |
| 2018 | $83,730,729 | $85,389,837 | $50,881,985 | $-1,659,108 |
Compare HALIFAX REGIONAL HOSPITAL INC with other nonprofits in Virginia and across the country.