ABILENE, TX
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Hendrick Medical Center, founded in 1923, is a major nonprofit in the Health Care sector that reported $940.8M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $165.2M, a strong 18% operating margin.
TO DELIVER HIGH QUALITY HEALTHCARE EMPHASIZING EXCELLENCE AND COMPASSION CONSISTENT WITH THE HEALING MINISTRY OF JESUS CHRIST.
CHARITY CARE PROGRAM: HENDRICK MEDICAL CENTER, IN KEEPING WITH ITS MISSION, VISION, AND VALUES AS A BAPTIST ORGANIZATION, HAS ALWAYS MAINTAINED A GENEROUS CHARITY CARE PROGRAM TO ASSURE THAT THOSE...
CHARITY CARE PROGRAM: HENDRICK MEDICAL CENTER, IN KEEPING WITH ITS MISSION, VISION, AND VALUES AS A BAPTIST ORGANIZATION, HAS ALWAYS MAINTAINED A GENEROUS CHARITY CARE PROGRAM TO ASSURE THAT THOSE WITH THE INABILITY TO PAY HAVE ACCESS TO THE SERVICES PROVIDED BY HENDRICK. THE CHARITY POLICY IN EFFECT DURING THE PERIOD COVERED BY THIS REPORT PROVIDES THAT FAMILIES WITH INCOMES BELOW 250% OF THE FEDERAL POVERTY GUIDELINES ARE ELIGIBLE FOR SERVICES, WITH NO PERSONAL FINANCIAL RESPONSIBILITY. FAMILIES WITH INCOMES ABOVE 250% OF THE FEDERAL POVERTY GUIDELINES RECEIVE CARE WITH PARTIAL FINANCIAL RESPONSIBILITY INCREASING AS THE FAMILY INCOME EXCEEDS THE FEDERAL POVERTY GUIDELINES. HENDRICK PROVIDES FINANCIAL COUNSELORS AND SOCIAL WORKERS TO HELP PATIENTS WITH HEALTHCARE NEEDS BY IDENTIFYING COMMUNITY RESOURCES AVAILABLE AND BY ASSISTING THEM IN THEIR EFFORTS TO IDENTIFY AND QUALIFY FOR GOVERNMENT SPONSORED PROGRAMS. PROVIDING GOVERNMENT PROGRAMS BELOW COST: HENDRICK IS ALSO COMMITTED TO PARTICIPATING IN GOVERNMENT FUNDED PROGRAMS SUCH AS MEDICARE, MEDICAID, TRICARE, COUNTY INDIGENCY, ETC. THE COST OF SERVICES OFTEN EXCEEDS THE REIMBURSEMENT PROVIDED BY THESE PROGRAMS.
PROFESSIONAL HEALTH EDUCATION: HENDRICK MEDICAL CENTER HAS AFFILIATION AGREEMENTS AND PROVIDES FINANCIAL SUPPORT TO MANY PROFESSIONAL HEALTH EDUCATIONAL EFFORTS FOR THE PURPOSES OF ENHANCING THE...
PROFESSIONAL HEALTH EDUCATION: HENDRICK MEDICAL CENTER HAS AFFILIATION AGREEMENTS AND PROVIDES FINANCIAL SUPPORT TO MANY PROFESSIONAL HEALTH EDUCATIONAL EFFORTS FOR THE PURPOSES OF ENHANCING THE KNOWLEDGE OF EXISTING HEALTH PROFESSIONALS AND EDUCATING NEW HEALTH PROFESSIONALS TO MEET THE INCREASING DEMAND. HENDRICK'S EFFORTS ARE FOCUSED IN AREAS OF STUDY WHERE SHORTAGES COULD POTENTIALLY LIMIT THE CAPACITY OF THE HEALTHCARE SYSTEM TO MEET THE NEEDS OF THE TEXAS MIDWEST. HENDRICK HAS PROVIDED FUNDING AND HAS ENTERED INTO EDUCATIONAL RELATED AFFILIATIONS AGREEMENTS. SOME OF WHICH ARE IDENTIFIED: 1. TEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER - SCHOOL OF PHARMACY, BSN 2ND DEGREE PROGRAM AND BSN TRADITIONAL PROGRAM. 2. PATTY HANKS SHELTON SCHOOL OF NURSING - RN, BSN, MSN AND MSN/FNP PROGRAMS. 3. CISCO JR. COLLEGE - LVN/ADN, SURGERY TECHNICIAN, PHARMACY TECHNICIAN, MEDICAL ASSISTANT AND RESPIRATORY THERAPY PROGRAMS. 4. TEXAS STATE TECHNICAL COLLEGE - ADN, EMT, TRANSCRIPTION, NURSE CLERK, NURSE AIDE AND PHLEBOTOMY PROGRAMS. 5. ABILENE CHRISTIAN UNIVERSITY - SPEECH/LANGUAGE PATHOLOGY, SOCIAL WORK, PSYCHOLOGY, EXERCISE HEALTH SCIENCE, BIBLE AND FAMILY STUDIES, BODY AND SOUL. 6. HARDIN-SIMMONS UNIV. - DOCTOR OF PHYSICAL THERAPY, SOCIAL WORK, THEOLOGY, COMMUNICATION, ATHLETIC TRAINING. 7. TEXAS STATE UNIVERSITY - RESPIRATORY THERAPY PROGRAM 8. HENDRICK SCHOOL OF RADIOGRAPHY. A STUDENT LOAN PROGRAM IS AVAILABLE FOR STUDENTS ENROLLED IN THE SCHOOL. STUDENTS CAN APPLY FOR A LOAN UP TO $6,332 FOR THE COST OF THE TUITION, BOOKS, UNIFORMS AND EXAMS. 9. ABILENE IND SCHOOL DISTRICT - HOLLAND MEDICAL HIGH SCHOOL. A TUITION REIMBURSEMENT PROGRAM IS PROVIDED FOR STUDENTS IN CRITICAL NEED POSITIONS AT HENDRICK MEDICAL CENTER UPON VERIFICATION OF STUDENT LOAN DEBT.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $940,764,963 | $810,096,639 | +0.2% |
| Expenses | $775,549,674 | $698,866,181 | +0.1% |
| Net Income | $165,215,289 | $111,230,458 | +0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DIANE LEGGETT | SECRETARY | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| JOE MELSON | CHAIR | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| LARRY SMITH | 2ND VICE CHAIR | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| LEIGH BLACK | 1ST VICE CHAIR | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| RANDY LLOYD | CHAIR | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT HIBBS | SECRETARY | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| CATHY ASHBY | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| DAVID GROOMS | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| EVAN HARRIS | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| JANET O'DELL | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| LANNY VINSON | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| MATT HIGGINS | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| MIKE WOODARD | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| NORM ARCHIBALD | DIRECTOR | 40.0 |
Director
|
$95,726 | $0 | $95,726 |
| PAUL WALDROP | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| RICHARD DARDEN | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| RICHARD FLORES | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| RICK WALDRAFF | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| RON FOGLE | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| SHANNON NIX | TRUSTEE | 2.0 |
Director
|
$0 | $0 | $0 |
| Adam Wood | ASSISTANT VICE PRESIDENT | 40.0 |
Officer
|
$182,817 | $45,021 | $227,838 |
| Brad Holland | President/CEO | 40.0 |
Officer
|
$1,433,865 | $211,018 | $1,644,883 |
| Brian Bessent | VICE PRESIDENT/CSO | 40.0 |
Officer
|
$409,187 | $68,226 | $477,413 |
| Christie Eckhardt | VICE PRESIDENT | 40.0 |
Officer
|
$116,270 | $7,071 | $123,341 |
| Christopher Ford | ASSISTANT VICE PRESIDENT | 40.0 |
Officer
|
$218,698 | $11,435 | $230,133 |
| Courtney Head | VICE PRESIDENT, HUMAN RESOURCES | 40.0 |
Officer
|
$199,352 | $50,217 | $249,569 |
| David Stephenson | VICE PRESIDENT | 2.0 |
Officer
|
$0 | $43,055 | $343,964 |
| Heather Ray | CHIEF NURSING OFFICER | 40.0 |
Officer
|
$281,739 | $13,558 | $295,297 |
| Jeremy Walker | VICE PRESIDENT/CFO | 40.0 |
Officer
|
$672,605 | $70,987 | $743,592 |
| Judith Lafrance | CHIEF ADMINISTRATIVE OFFICER | 40.0 |
Officer
|
$271,675 | $39,754 | $311,429 |
| Kirk Canada | VICE PRESIDENT/COO | 40.0 |
Officer
|
$342,799 | $60,634 | $403,433 |
| Mark Huffington | ASSISTANT VICE PRESIDENT | 40.0 |
Officer
|
$183,883 | $47,160 | $231,043 |
| Michael Murphy | VICE PRESIDENT/COO | 40.0 |
Officer
|
$541,073 | $41,552 | $582,625 |
| Rob Wiley | VICE PRESIDENT/CMO/CQO | 40.0 |
Officer
|
$692,028 | $74,543 | $766,571 |
| RONALD DAVID EVANS | VICE PRESIDENT | 40.0 |
Officer
|
$148,066 | $20,091 | $168,157 |
| Susan E Greenwood | VICE PRESIDENT/CNO | 40.0 |
Officer
|
$415,606 | $56,851 | $472,457 |
| Susan Wade | VICE PRESIDENT | 40.0 |
Officer
|
$444,186 | $42,183 | $486,369 |
| Tave L Kelly | ASSISTANT VICE PRESIDENT | 40.0 |
Officer
|
$240,176 | $37,148 | $277,324 |
| Treva Broderick | ASSISTANT VICE PRESIDENT | 40.0 |
Officer
|
$233,070 | $37,839 | $270,909 |
| William M Edwards | ASSISTANT VICE PRESIDENT OF IT | 40.0 |
Officer
|
$212,285 | $23,719 | $236,004 |
| Angela Wagner | SR. DIRECTOR CARDIOLOGY | 40.0 |
Key Emp
|
$204,295 | $40,027 | $244,322 |
| Deborah Preston | MARKET DIRECTOR, PHARMACY | 40.0 |
Key Emp
|
$222,837 | $23,257 | $246,094 |
| Archana Ghimire | REGISTERED NURSE - BSN | 40.0 |
Highest
|
$235,393 | $18,670 | $254,063 |
| Caroline L Ebersole | REGISTERED NURSE BSN | 40.0 |
Highest
|
$293,924 | $31,194 | $325,118 |
| Joshua Reed | Physician Advisor | 40.0 |
Highest
|
$316,263 | $37,068 | $353,331 |
| Karin Mossack | Physician | 40.0 |
Highest
|
$231,696 | $29,580 | $261,276 |
| Michael Surber | Registered Nurse-BSN | 40.0 |
Highest
|
$229,577 | $9,256 | $238,833 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $940,764,963 | $775,549,674 | $1,671,860,466 | $165,215,289 |
| 2023 | $810,096,639 | $698,866,181 | $1,452,018,430 | $111,230,458 |
| 2022 | $782,292,728 | $667,661,350 | $1,304,235,338 | $114,631,378 |
| 2021 | $681,979,951 | $572,020,098 | $1,323,056,233 | $109,959,853 |
| 2020 | $519,719,787 | $431,846,440 | $873,623,738 | $87,873,347 |
| 2019 | $453,538,608 | $386,339,354 | $748,325,851 | $67,199,254 |
| 2018 | $482,823,599 | $429,642,578 | $741,339,129 | $53,181,021 |
Compare Hendrick Medical Center with other nonprofits in Texas and across the country.