Bedford, NH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Solutionhealth, founded in 2018, is a major nonprofit in the Health Care sector that reported $162.5M in total revenue in fiscal year 2024.
SolutionHealth is a highly coordinated community based regional health care network founded by Elliot Health System, Inc. and Southern New Hampshire Health System, Inc. Its purpose is to better serve the healthcare needs and interests in the specific communities served by Elliot and SNHH respectively, and southern New Hampshire as a region by improving and increasing access, quality, value and community benefits, while maintaining the affordability of healthcare.
SolutionHealth allows the Elliot Health System and the Southern New Hampshire Health System (the "Hospital Systems") to establish a regional healthcare organization in New Hampshire that combines...
SolutionHealth allows the Elliot Health System and the Southern New Hampshire Health System (the "Hospital Systems") to establish a regional healthcare organization in New Hampshire that combines resources and skill-sets from both Hospital Systems. This strategic collaboration allows the two Hospital Systems to:- support and facilitate an integrated community-based, regional health care delivery system among the Hospital Systems;- align the missions and economic interests of the Hospital Systems to enhance care for the communities served;- engage in collaborative regional planning relating to the delivery of health care services in southern New Hampshire;- create a high degree of interdependence and cooperation in a health care network so as to control costs, increase value, ensure quality, and improve access in the communities served by the Hospital Systems;- enhance regional access for those served by the Hospital Systems;- support, protect and enhance the ability of the Hospital Systems to perform their existing historic charitable mission in the future; and- strengthen the charitable missions of the Hospital Systems, embracing a commitment to southern New Hampshire as a region.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $162,531,262 | $158,374,673 | +0.0% |
| Expenses | $162,531,262 | $164,999,950 | 0.0% |
| Net Income | $0 | $-6,625,277 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| John E Friberg Esq | Interim CEO | 41.00 |
Officer
Director
|
$1,072,488 | $128,369 | $1,200,857 |
| Stephen Loosigian DO | Trustee/Secretary | 1.00 |
Officer
Director
|
$0 | $43,400 | $611,810 |
| Bobbie Bagley | Trustee (end 1/2025) | 1.00 |
Director
|
$0 | $0 | $0 |
| Howard Brodsky | Trustee (end 8/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Joseph Laplante | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dianne Mercier | Trustee (end 8/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Martha E O'Neill | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Charles Rolecek | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Clifford Kinghorn | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Charla Stevens Esq | Trustee/Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Timothy Whitaker | Trustee/Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| William G Baxter | Elliot Health President/CEO | 1.00 |
Officer
|
$0 | $186,453 | $1,581,095 |
| Michael Turilli | SVP/CFO | 41.00 |
Officer
|
$783,833 | $123,201 | $907,034 |
| Colin T McHugh | SNHHS President/CEO | 1.00 |
Officer
|
$0 | $55,104 | $944,309 |
| Kathleen Repoli | VP Payer Relations & Revenue | 40.00 |
Highest
|
$355,994 | $19,787 | $375,781 |
| Alisha Feightner | VP Operational Excellence | 40.00 |
Highest
|
$356,649 | $7,973 | $364,622 |
| Jessica Connare | Executive Director Human Resources | 40.00 |
Highest
|
$239,214 | $50,827 | $290,041 |
| Rachel Wise | VP Clinical Services Finance | 40.00 |
Highest
|
$332,468 | $19,690 | $352,158 |
| Jason Elliot | SVP/Chief Human Resources Officer | 40.00 |
Highest
|
$553,247 | $49,271 | $602,518 |
| Bradley Kreick | Former SH President & CEO (end 4/24) | 0.00 |
|
$1,960,720 | $48,561 | $2,009,281 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $162,531,262 | $162,531,262 | $52,436,187 | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $139,475,176 | $141,501,590 | $52,329,934 | $-2,026,414 |
| 2022 | $136,993,038 | $138,186,899 | $61,075,440 | $-1,193,861 |
| 2021 | $93,816,355 | $93,850,857 | $43,298,954 | $-34,502 |
| 2020 | $21,174,050 | $21,245,627 | $14,038,238 | $-71,577 |
| 2018 | $318,820 | $318,820 | No data | No data |
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