BLUE RIDGE HEALTHCARE HOSPITALS INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1908

Legal Domicile

Principal Officer

GARY PAXSON

Phone

8285805000

Tax Period

2024-07-01 to 2025-06-30

BLUE RIDGE HEALTHCARE HOSPITALS INC, founded in 1908, is a major nonprofit in the Health Care sector that reported $373.1M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $59.5M, a strong 16% operating margin.

Mission

BLUE RIDGE HEALTHCARE HOSPITALS, INC. IS COMMITTED TO IMPROVING THE HEALTH OF OUR COMMUNITIES BY PROVIDING EXCELLENT AND COMPASSIONATE CARE.

Program Service Accomplishments

Program 1

Expenses: $43,916,984 Revenue: $47,914,947

BLUE RIDGE HEALTHCARE HOSPITALS PROVIDED 38,102 DAYS OF CARE TO 8133 PATIENTS DISCHARGED. BLUE RIDGE HEALTHCARE HOSPITALS HAS 315 BEDS AND OFFERS A BROAD SCOPE OF SERVICES.

Program 2

Expenses: $32,690,625 Revenue: $78,155,598

BLUE RIDGE HEALTHCARE HOSPITALS' SURGICAL SERVICES PERFORMED 1,833 INPATIENT SURGERIES AND 10,336 OUTPATIENT SURGERIES. ORTHOPEDICS, GENERAL SURGERY, SPINE SURGERY, AND OB/GYN ARE THE MAJOR SURGICAL...

Program 3

Expenses: $12,448,109 Revenue: $40,842,593

EMERGENCY ROOM SAW 48,947 PATIENTS DURING THE YEAR. THE ED IS OPEN 24 HOURS A DAY, 7 DAYS A WEEK AND IS ABLE TO TAKE CARE OF ANY TYPE OF EMERGENCY OR PROBLEM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,529,254

Program Service Revenue $362,615,527

Investment Income $8,642,858

Other Revenue $359,945

TOTAL REVENUE $373,147,584

Expense Breakdown

Grants Paid $296,657

Salaries & Benefits $165,432,723

Fundraising Expenses $0

Program Expenses $277,582,038

Other Expenses $147,932,673

TOTAL EXPENSES $313,662,053

Year-over-Year Comparison

	2024	2023	Change
Revenue	$373,147,584	$333,978,983	+0.1%
Expenses	$313,662,053	$288,507,047	+0.1%
Net Income	$59,485,531	$45,471,936	+0.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

1971

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,297,771

Total Directors

$471,311

Key Employees

$2,881,001

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
M H MCCRARY	CHAIRMAN	0.20	Officer Director	$0	$0	$0
JIM ROSTAN	VICE CHAIRMAN	0.20	Officer Director	$0	$0	$0
DAVID BENNETT	TREASURER	0.20	Officer Director	$0	$0	$0
SUSAN HAIRE	SECRETARY	0.20	Officer Director	$0	$0	$0
J MICHAEL BRIDGES	PAST CHAIR	0.20	Officer Director	$0	$0	$0
KEVIN BAXTER	BOARD MEMBER	0.20	Director	$0	$0	$0
ANDREW BRANT MD	BOARD MEMBER	0.20	Director	$0	$0	$0
AMY JACKSON-KINCAID	BOARD MEMBER	0.20	Director	$0	$0	$0
GANDHARI LOOMIS DO	BOARD MEMBER	0.20	Director	$0	$8,771	$471,311
THEA YANG	BOARD MEMBER	0.20	Director	$0	$0	$0
KATHY BAILEY	PRESIDENT & CEO (THRU 8/2024)	37.00	Officer	$829,213	$7,606	$836,819
GARY PAXSON	PRESIDENT & CEO (AS OF 9/2024)	37.00	Officer	$0	$0	$0
PATRICIA MOLL	CFO	37.00	Officer	$409,793	$51,159	$460,952
THOMAS EURE	CHIEF LEGAL OFFICER - SVP CORPORATE SERVICES	50.00	Key Emp	$444,152	$62,157	$506,309
BARRY NELSON	CHIEF NURSING OFFICER	50.00	Key Emp	$397,491	$16,625	$414,116
ANTHONY FRANK	CMO - MED AFFAIRS & MED STAFF SVCS	50.00	Key Emp	$714,159	$79,924	$794,083
JON MERCER	SR. VP OPERATIONS/COO	50.00	Key Emp	$411,837	$59,140	$470,977
ANDREW THOMAS	CHIEF AMBULATORY OFFICER - VP MED GP	50.00	Key Emp	$328,879	$20,990	$349,869
MARK PITMAN	CHIEF HUMAN RESOURCES OFFICER	50.00	Key Emp	$322,014	$23,633	$345,647
AMANDA TAYLOR	EXEC. DIR. ONCOLOGY AND PHARMACY SVCS	50.00	Highest	$216,595	$22,980	$239,575
ALEXANDRIA POWELL	MANAGER - PHARMACY	50.00	Highest	$161,303	$40,703	$202,006
JILL RYAN	EXEC. DIRECTOR OF QUALITY	50.00	Highest	$189,998	$17,989	$207,987
BETH MILLER	EXEC. DIR. REVENUE CYCLE	50.00	Highest	$171,334	$16,193	$187,527
ERIN LEDOUX	RN FLOAT LEVEL 4	50.00	Highest	$199,761	$45,624	$245,385

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$373,147,584	$313,662,053	$787,263,402	$59,485,531
2024	No data	No data	No data	No data
2023	$306,105,547	$273,448,160	$680,092,924	$32,657,387
2022	$131,849,845	$124,787,634	$628,906,384	$7,062,211
2021	$269,831,847	$242,369,504	$630,339,590	$27,462,343
2020	$246,155,885	$204,145,999	$599,735,243	$42,009,886
2019	$253,053,871	$205,945,336	$511,745,501	$47,108,535
2018	$236,527,642	$204,112,819	$448,326,918	$32,414,823