Spencer, WV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hospital Development Co, founded in 1966, is a mid-sized nonprofit that reported $66.9M in total revenue in fiscal year 2023.
Roane General Hospital is dedicated to the delivery of high-quality, cost effective health care to all members of our community. The work we do makes a difference in people's lives.
Roane General Hospital generated gross revenue of $136,874,971 of which $75,159,984 was uncollectible due to contractual agreements with Medicare, Medicaid and other third-party payors. Bad debts due...
Roane General Hospital generated gross revenue of $136,874,971 of which $75,159,984 was uncollectible due to contractual agreements with Medicare, Medicaid and other third-party payors. Bad debts due to inability or unwillingness of patients to pay amounted to $3,988,206. Additionally, charges for patients meeting 200% of the poverty level and who qualified for charity care were written off totaling $860,664.
As a Critical Access Hospital, we provided health care services to our community which included the following days of care: Skilled/Intermediate Care Facility 12,341; Swing 1,709; Respite 64; and...
As a Critical Access Hospital, we provided health care services to our community which included the following days of care: Skilled/Intermediate Care Facility 12,341; Swing 1,709; Respite 64; and Acute Care 818.Additionally, we provided 47,925 outpatient diagnostic visits; 7,340 emergency room visits and 42,774 rural health clinic provider visits.Revenue and expenses related to these services are included above in box 4a.
The Hospital provided community health education and health screening service at reduced fees during the year including health fairs; diabetes education seminars and screenings, nutrition education...
The Hospital provided community health education and health screening service at reduced fees during the year including health fairs; diabetes education seminars and screenings, nutrition education classes; and sports physicials. The Hospital served a total of 7,949 community participants through its community health education and health screening programs.
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 | $66,854,891 | $62,515,507 | +0.1% |
| Expenses | $66,334,151 | $62,525,549 | +0.1% |
| Net Income | $520,740 | $-10,042 | -52.9% |
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 |
|---|---|---|---|---|---|---|
| Brent Watson MD | Medical Director | 40.00 |
Key Emp
|
$634,197 | $53,889 | $688,086 |
| Stephen Groves MD | Physician | 40.00 |
Highest
|
$668,696 | $51,868 | $720,564 |
| Scott Duffy MD | Chief of Med Staff until Sept 2024 | 40.00 |
Director
|
$611,664 | $52,619 | $664,283 |
| PHILLIP PRUSACK | Physician | 40.00 |
Highest
|
$521,939 | $11,964 | $533,903 |
| Doug Bentz | CEO/Ex Officio | 40.00 |
Officer
Director
|
$407,632 | $41,692 | $449,324 |
| Hong-Kin Ng MD | Physician | 40.00 |
Highest
|
$405,164 | $51,985 | $457,149 |
| Grant Parkins DO | Chief of Staff and Bd Member as of 9/2024 | 40.00 |
Director
|
$379,078 | $55,975 | $435,053 |
| Richard Bowman MD | Physician | 40.00 |
Highest
|
$378,632 | $49,578 | $428,210 |
| Roselyne Knopf MD | Hospitalist | 40.00 |
Highest
|
$353,648 | $29,855 | $383,503 |
| Julie Carr MSN | Chief Clinical Officer | 40.00 |
Key Emp
|
$178,122 | $35,106 | $213,228 |
| Amy W Downey CPA MPA | Chief Financial Officer | 40.00 |
Officer
|
$155,505 | $25,574 | $181,079 |
| Jack D Garrett II | Board President | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| William G Downey Jr | Board Vice President | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| G Jeanette Atkinson | Board Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| John A Varda | Board Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| John H Taylor | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Paul Hughes | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Emily Westfall | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| R Floyd Bowlby | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Robert E Zdanek | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Kevin M Gaughan | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Annie Hedges | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $66,854,891 | $66,334,151 | $51,935,091 | $520,740 |
| 2023 | $62,515,507 | $62,525,549 | $50,041,902 | $-10,042 |
| 2022 | $56,627,091 | $58,246,041 | $49,105,663 | $-1,618,950 |
| 2021 | $52,048,469 | $49,312,721 | $52,869,915 | $2,735,748 |
| 2020 | $46,111,124 | $44,828,787 | $55,344,941 | $1,282,337 |
| 2018 | $41,232,928 | $39,212,755 | $25,182,757 | $2,020,173 |
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