DURHAM, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DUKE UNIVERSITY HEALTH SYSTEM INC, founded in 1998, is a large national nonprofit in the Health Care sector that reported $4.7B in total revenue in fiscal year 2022.
CRAIG T. ALBANESE, MD USED FIRST CLASS OR CHARTER TRAVEL SERVICES. SUCH TRAVEL WAS FOR BUSINESS PURPOSES AND NOT INCLUDED IN TAXABLE INCOME. BARBARA M GRIFFITH MD, KEITH STOVER, PRISCILLA RAMSEUR AND LEIGH BLEECKER RECEIVED A BENEFIT THAT WAS GROSSED UP TO COMPENSATE FOR WITHHOLDING OF TAXES.
STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS HISTORY AND ORGANIZATION IN 1925, JAMES B. DUKE WILLED $4 MILLION TO ESTABLISH DUKE UNIVERSITY HOSPITAL AND ITS MEDICAL SCHOOL TO IMPROVE HEALTH CARE IN...
STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS HISTORY AND ORGANIZATION IN 1925, JAMES B. DUKE WILLED $4 MILLION TO ESTABLISH DUKE UNIVERSITY HOSPITAL AND ITS MEDICAL SCHOOL TO IMPROVE HEALTH CARE IN THE CAROLINAS, THEN A POOR REGION LACKING HOSPITALS AND HEALTH CARE PROVIDERS. DUKE UNIVERSITY HOSPITAL HAS GROWN TO BE RECOGNIZED AS ONE OF THE WORLD'S GREAT HEALTH CARE PROVIDERS. IN 1998 AND CONCURRENT WITH ACQUIRING CONTROL OF TWO LOCAL COMMUNITY HOSPITALS, THE DUKE UNIVERSITY BOARD OF TRUSTEES ESTABLISHED DUKE UNIVERSITY HOSPITAL AS THE FLAGSHIP OF THE NEWLY INCORPORATED DUKE UNIVERSITY HEALTH SYSTEM, INC. (DUHS) TO MANAGE A WIDE RANGE OF HEALTH CARE PROGRAMS AT THE SAME HIGH LEVEL OF QUALITY THAT HAS TRADITIONALLY MADE DUKE UNIVERSITY HOSPITAL A WORLD LEADER. THIS NETWORK OF REGIONAL HEALTH CARE ORGANIZATIONS IS DEDICATED TO EMPLOYING DUKE'S STRENGTHS IN PATIENT CARE, EDUCATION, AND RESEARCH. DUHS IS A COMPONENT OF DUKE HEALTH WHICH CONCEPTUALLY INTEGRATES THE DUKE UNIVERSITY SCHOOL OF MEDICINE, DUKE-NUS MEDICAL SCHOOL, DUKE UNIVERSITY SCHOOL OF NURSING, DUKE UNIVERSITY HEALTH SYSTEM, PRIVATE DIAGNOSTIC CLINIC (DUKE PHYSICIANS PRACTICE), AND INCORPORATES THE HEALTH AND HEALTH RESEARCH PROGRAMS WITHIN THE DUKE GLOBAL HEALTH INSTITUTE AS WELL AS THOSE IN SCHOOLS AND CENTERS ACROSS DUKE UNIVERSITY, INCLUDING THE DUKE ROBERT J. MARGOLIS CENTER FOR HEALTH POLICY. THE DUKE HEALTH CLINICAL ENTERPRISE IS INTENDED TO FUNCTION AS A FULLY ALIGNED AND UNIFIED ORGANIZATION FOCUSED ON IMPROVING THE HEALTH OF THE COMMUNITIES WE SERVE, DELIVERING ADVANCED TREATMENT FOR THOSE WHO NEED IT, AND EXTENDING NEW KNOWLEDGE BEYOND OUR SYSTEMS TO THE BENEFIT OF OTHERS. LEVERAGING THE DEPTH AND BREADTH OF CAPABILITIES THAT EXIST ACROSS DUKE HEALTH AND THE ENTIRE UNIVERSITY, WE PLAN TO ACHIEVE THE VISION TO DELIVER TOMORROW'S HEALTH CARE TODAY BY LEADING IN THE DELIVERY OF HIGHEST-QUALITY, PATIENT CENTERED CARE, INTEGRATING TO OPTIMIZE COORDINATION OF CARE, GROWING AND EXTENDING OUR REACH LOCALLY, REGIONALLY, AND NATIONALLY, INVESTING IN INNOVATION TO CREATE SUSTAINABLE DIFFERENTIATION AND VALUE AND DELIVERING ON THE PROMISE OF POPULATION HEALTH. MANY PROGRAM SERVICE ACCOMPLISHMENTS ARE INCLUDED IN SCHEDULE H OF THIS FORM INCLUDING THE FINANCIAL COMMITMENT MADE TO THE COMMUNITY BY DUHS IN TERMS OF CHARITY CARE AND OTHER DIRECT AND MEASURABLE INVESTMENTS. FURTHER DETAIL OF DUHS' COMMITMENT TO PROMOTING HEALTH, WELLNESS, AND ACCESS TO QUALITY CARE FOR THE PEOPLE AND COMMUNITIES IT SERVES IS REPORTED IN DUHS' ANNUAL COMMUNITY BENEFIT REPORT. THE COMMUNITY BENEFIT REPORT IS AVAILABLE ONLINE AT HTTPS://CORPORATE.DUKEHEALTH.ORG/COMMUNITY.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $4,672,834,668 | $4,600,505,996 | +0.0% |
| Expenses | $4,623,216,546 | $4,174,139,522 | +0.1% |
| Net Income | $49,618,122 | $426,366,474 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| A EUGENE WASHINGTON MD | DIRECTOR/PRESIDENT | 33.00 |
Officer
Director
|
$0 | $51,351 | $3,193,603 |
| VINCENT E PRICE | DIRECTOR | 3.00 |
Director
|
$0 | $55,185 | $1,806,377 |
| MARY E KLOTMAN MD | DIRECTOR | 11.00 |
Director
|
$0 | $51,873 | $1,287,454 |
| ERIK PAULSON | DIRECTOR | 1.00 |
Director
|
$0 | $61,515 | $517,519 |
| LESLIE E BAINS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| GAIL BELVETT MD DDS | DIRECTOR | 4.00 |
Director
|
$990 | $0 | $990 |
| DENISE BENNETT | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| GERALD HASSELL | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM HAWKINS | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| ROSEMARY JACKSON MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| FEDERICO MANON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CARMICHAEL S ROBERTS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY M SCHLICHTING | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LAURENE SPERLING | DIRECTOR | 8.00 |
Director
|
$0 | $0 | $0 |
| SUSAN M STALNECKER | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| MOIRA RYNN MD | DIRECTOR | 2.00 |
Director
|
$0 | $54,853 | $538,652 |
| G RICHARD WAGONER JR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM WHITEHURST | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN P MORDACH | SVP, CFO, PART YEAR TREASURER | 40.00 |
Officer
|
$1,582,991 | $66,153 | $1,649,144 |
| THOMAS A OWENS MD | EXECUTIVE VICE PRESIDENT, DUHS | 61.00 |
Officer
|
$1,441,308 | $50,390 | $1,491,698 |
| ROBERT N WILLIS | VP FINANCE/CONTROLLER/CAO/INTERIM TREASURER | 50.00 |
Officer
|
$684,760 | $53,493 | $738,253 |
| MONTE D BROWN MD | VP FOR ADMINISTRATION/SECRETARY | 60.00 |
Officer
|
$781,615 | $55,164 | $836,779 |
| CRAIG T ALBANESE MD | CEO | 60.00 |
Officer
|
$1,407,490 | $53,451 | $1,460,941 |
| KATHLEEN GALBRAITH | PART YEAR PRESIDENT, DUKE REGIONAL HOSPITAL | 60.00 |
Key Emp
|
$619,168 | $101,748 | $720,916 |
| MARY K MARTIN | CHIEF OPERATING OFFICER, DUH | 40.00 |
Key Emp
|
$679,639 | $66,153 | $745,792 |
| MARY ANN FUCHS | VP PATIENT CARE/CHIEF NURSING OFFICER | 50.00 |
Key Emp
|
$625,223 | $44,749 | $669,972 |
| BARBARA M GRIFFITH MD | PRESIDENT, DUKE RALEIGH HOSPITAL | 40.00 |
Key Emp
|
$612,137 | $62,567 | $674,704 |
| DEVDUTTA SANGVAI MD | PART YEAR PRESIDENT, DUKE REGIONAL HOSPITAL | 40.00 |
Key Emp
|
$539,272 | $112,431 | $660,267 |
| RICHARD PATRICK SHANNON | CHIEF QUALITY OFFICER | 40.00 |
Highest
|
$991,774 | $55,032 | $1,046,806 |
| JEFFREY M FERRANTI | SENIOR VP/CHIEF DIGITAL OFFICER | 40.00 |
Highest
|
$1,047,207 | $65,117 | $1,241,510 |
| KEITH STOVER | VP FINANCE/COO, PRMO | 40.00 |
Highest
|
$715,086 | $61,821 | $776,907 |
| RHONDA BRANDON | CHIEF HR OFFICER | 50.00 |
Highest
|
$822,395 | $64,332 | $886,727 |
| JOHN SMITH | VP FINANCE | 40.00 |
Highest
|
$649,908 | $50,745 | $700,653 |
| WILLIAM J FULKERSON MD | FORMER OFFICER | 0.00 |
|
$0 | $43,312 | $1,806,975 |
| LEIGH BLEECKER | FORMER KEY EMPLOYEE | 65.00 |
|
$405,081 | $49,609 | $454,690 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $4,672,834,668 | $4,623,216,546 | $7,958,888,279 | $49,618,122 |
| 2022 | $4,600,505,996 | $4,174,139,522 | $8,260,774,039 | $426,366,474 |
| 2021 | $4,625,468,343 | $3,870,479,888 | $8,635,026,358 | $754,988,455 |
| 2021 | $4,625,468,343 | $3,870,479,888 | $8,635,026,358 | $754,988,455 |
| 2020 | $3,853,766,160 | $3,612,404,658 | $7,016,316,692 | $241,361,502 |
| 2019 | $3,776,782,982 | $3,346,676,742 | $6,281,178,620 | $430,106,240 |
| 2018 | $3,576,450,926 | $3,126,393,682 | $5,904,321,303 | $450,057,244 |
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