Clearlake, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Adventist Health Clearlake Hospital Inc, founded in 1996, is a major nonprofit in the Health Care sector that reported $191.8M in total revenue in fiscal year 2023. Expenses of $179.7M left a modest 6% surplus.
Living God's love by inspiring health, wholeness and hope.
Adventist Health Clearlake Hospital, Inc., DBA Adventist Health Clear Lake (AHCL), provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age, or ability to...
Adventist Health Clearlake Hospital, Inc., DBA Adventist Health Clear Lake (AHCL), provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age, or ability to pay. Although reimbursement for services rendered is critical to the operation and stability of AHCL, the organization recognizes that not all individuals possess the ability to pay for essential medical services. Adventist Health's vision is to enhance the health of the communities where we live and serve by engaging our communities and our patients in a new definition of and partnership for personal community health. In keeping with this commitment to serve all members of the community, the following coverage will be considered when individuals who need health care cannot afford to pay: - Free care and/or subsidized care - Care to persons covered by governmental programs at/or below cost - Health/wellness activities and community education programs Not only does AHCL provide low-cost care to individuals covered by government programs, and those unable to afford healthcare, it also helps patients find and access private and governmental resources for healthcare benefits. AHCL recognizes below-cost reimbursement as charity and uncompensated care in meeting its mission to the entire community. The unreimbursed cost of providing care to these patients in 2023 was $705,091. The following Inpatient services were provided to all our patients: - 94 babies delivered - 156 surgeries performed - 5,463 patient days The following Outpatient services were provided to all our patients: - 19,990 emergency department visits - 2,177 outpatient surgeries performed - 119,999 outpatient visits - 246,537 clinic visits AHCL recognizes it has an obligation to provide human services above and beyond its role as a healing facility. Schedule H provides more details on the tangible ways in which the organization is fulfilling its mission. The total unreimbursed cost of these community benefits in 2023 was $14,308,437. Adventist Health's mission statement of living God's love by inspiring health, wholeness and hope is coupled with a vision to transform the health experience of our communities through collaborative programs, community investments and community outreach. We are inspired by the healing ministry, as represented by the life of Jesus Christ, and believe we are called to live out our mission intentionally in the communities we serve. In the small towns, suburbs, and inner cities we serve, we continue our journey to provide quality healthcare until every person made in God's image has experienced the best health today, hope for tomorrow, and God's love that endures forever. Websites for our community benefit information: https://www.adventisthealth.org/about-us/community-benefit/
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 | $191,802,226 | $192,286,425 | 0.0% |
| Expenses | $179,675,882 | $179,275,358 | +0.0% |
| Net Income | $12,126,344 | $13,011,067 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| Heinrich Kerry | Dir/Chair/CEO | 0.00 |
Officer
Director
|
$0 | $57,395 | $3,359,823 |
| Hofheins Todd | Dir/Vice Chair/COO | 0.00 |
Officer
Director
|
$0 | $76,141 | $2,348,733 |
| Beaman John | CFO/Assistant Secretary | 0.00 |
Officer
|
$0 | $73,355 | $1,753,908 |
| Stevens Eric - President | Northern CA/HI State Network | 5.00 |
Key Emp
|
$0 | $59,552 | $1,585,845 |
| Jahn Andrew - Former | Care Division President thru 02/22 | 0.00 |
|
$0 | $103,785 | $1,569,691 |
| Nahapetian Arby - Former Care | Division Medical Officer thru 02/22 | 0.00 |
|
$0 | $69,613 | $1,551,907 |
| Wing Bill - Former | Dir/Asst Secr/Vice Chair thru 01/22 | 0.00 |
|
$0 | $40,073 | $1,478,533 |
| Jobe Meredith | Secretary | 0.00 |
Officer
|
$0 | $59,410 | $1,018,898 |
| Howe Judson - President | North Coast Network thru 03/23 | 8.30 |
Key Emp
|
$0 | $28,997 | $837,892 |
| Cantrell Misty | Patient Care Executive | 50.00 |
Key Emp
|
$0 | $74,551 | $736,305 |
| Assavapisitkul Colleen | President | 50.00 |
Officer
|
$0 | $26,786 | $628,585 |
| Tetz Warren | Former Treasurer thru 12/22 | 0.00 |
|
$0 | $58,835 | $618,860 |
| Eberhart Gregory | Area Medical Officer | 12.50 |
Key Emp
|
$0 | $27,959 | $610,905 |
| Spenst Brett - Former Care | Division Finance Officer thru 02/22 | 0.00 |
|
$0 | $45,847 | $566,472 |
| Mock Jeffrey | Treasurer/Asst Secr as of 09/23 | 10.00 |
Officer
|
$0 | $67,797 | $538,188 |
| Shepardson Dean - Treasurer | Asst Secr from 03/23 thru 09/23 | 12.50 |
Officer
|
$0 | $55,761 | $517,604 |
| Assadian Hoda | Operations Executive | 16.70 |
Key Emp
|
$0 | $52,377 | $513,302 |
| Jacobson Carlton - Former Treas | /Asst Secr thru 12/21/Fin Off AHCL | 50.00 |
|
$0 | $44,184 | $452,101 |
| Anjejo Isaac | RN | 40.00 |
Highest
|
$404,234 | $26,773 | $431,007 |
| Bloom Evan | Medical Officer | 50.00 |
Key Emp
|
$0 | $45,783 | $413,554 |
| Cardenas Lucita | RN | 40.00 |
Highest
|
$316,965 | $57,269 | $374,234 |
| Kruger Thomas | RN | 40.00 |
Highest
|
$319,338 | $30,762 | $350,100 |
| Shelton Jacarre | Director, Pharmacy | 40.00 |
Highest
|
$285,726 | $63,558 | $349,284 |
| Flynn Laura | Director, RN | 40.00 |
Highest
|
$270,383 | $71,941 | $342,324 |
| Byrnes John - Former | Medical Officer, NCR thru 02/20 | 0.00 |
|
$0 | $34,955 | $298,614 |
| Freedman John | Director | 0.00 |
Director
|
$0 | $0 | $26,770 |
| Cherry Robert | Director | 0.00 |
Director
|
$0 | $0 | $26,611 |
| Davis Andrew | Director | 0.00 |
Director
|
$0 | $0 | $26,611 |
| Innocent Larry | Director | 0.00 |
Director
|
$0 | $0 | $26,611 |
| Newton Bradford | Director | 0.00 |
Director
|
$0 | $0 | $26,611 |
| Reiner Richard | Director | 0.00 |
Director
|
$0 | $0 | $26,611 |
| Salazar Velino | Director | 0.00 |
Director
|
$0 | $0 | $26,611 |
| Banks David | Director | 0.00 |
Director
|
$0 | $0 | $26,181 |
| Woodson Marc | Director | 0.00 |
Director
|
$0 | $0 | $21,611 |
| Wagner Jack | Director | 0.00 |
Director
|
$0 | $0 | $16,180 |
| Fehr Joy | Director | 0.00 |
Director
|
$0 | $0 | $430 |
| Ocampo Lucy | Director thru 08/23 | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $191,802,226 | $179,675,882 | $152,811,093 | $12,126,344 |
| 2022 | $192,286,425 | $179,275,358 | $139,959,853 | $13,011,067 |
| 2021 | $164,443,894 | $160,755,837 | $121,179,230 | $3,688,057 |
| 2020 | $145,501,441 | $143,212,527 | $117,922,733 | $2,288,914 |
| 2019 | $120,738,242 | $114,743,366 | $101,098,983 | $5,994,876 |
| 2018 | $111,059,504 | $99,074,768 | $90,362,230 | $11,984,736 |
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