LOS ANGELES, CA
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)USC HEALTH SYSTEM, founded in 2019, is a community nonprofit in the Health Care sector that reported $9.7M in total revenue in fiscal year 2023. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $17.2M exceeded revenue, resulting in a 76% operating deficit.
The Corporation is a nonprofit public benefit corporation and is not organized for the private gain of any person. It is organized under the Nonprofit Public Benefit Corporation Law for public and charitable purposes. The Corporation is organized for the following exclusively charitable, scientific and educational purposes within the meaning of Section 501 (c)(3) of the Internal Revenue Code of 1986, as now in effect or as may hereafter be amended (the "Code"), and Section 214 of the California Revenue and Taxation Code, as now in effect or as may hereafter be amended (the "R&TC"). The Corporation is organized and shall be operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of the University of Southern California, USC Care Medical Group, Inc., Keck Medical Center of USC, USC Verdugo Hills Hospital, and USC Arcadia Hospital. In this capacity, the Corporation shall: 1) Organize, coordinate, direct and operate an integrated health care system for the delivery of health care services by those hospitals and other health care providers that become affiliated with, or related to, the Corporation; 2) Enhance the accessibility, quality and cost-effectiveness of health care services related to the communities served by the Corporation and its affiliates; and 3) Encourage and participate in activities designed and carried on to provide and improve the general public health and health of patients served by the Corporation and its affiliates.
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 | $9,748,669 | $22,727,939 | -0.6% |
| Expenses | $17,169,364 | $303,866,216 | -0.9% |
| Net Income | $-7,420,695 | $-281,138,277 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| CAROL L FOLT | University President | 2.0 |
Director
|
$0 | $976,418 | $4,981,275 |
| STEVEN D SHAPIRO MD | SVP, Health Affairs | 2.0 |
Director
|
$0 | $294,862 | $3,317,744 |
| ROD HANNERS | Director/CEO & President | 2.0 |
Officer
Director
|
$0 | $59,481 | $2,347,640 |
| CAROLYN MELTZER MD | Director | 2.0 |
Director
|
$0 | $50,764 | $1,659,286 |
| DAVID PENG MD MPH | CHIEF CLINICAL OFFICER | 56.5 |
Key Emp
|
$0 | $85,141 | $1,568,130 |
| BEONG-SOO KIM | Secretary | 2.0 |
Officer
|
$0 | $239,341 | $1,510,140 |
| ERIK BRINK | Treasurer | 2.0 |
Officer
|
$0 | $146,400 | $1,448,929 |
| SHAWN T SHEFFIELD | Chief Strategy Officer | 40.0 |
Key Emp
|
$0 | $144,138 | $1,065,594 |
| CHRIS ALLEN | SEE SCHEDULE O FOR TITLE | 40.0 |
Key Emp
|
$0 | $64,204 | $964,890 |
| TIMOTHY MALSEED | CHIEF INFO. OFFICER - KMC | 40.0 |
Key Emp
|
$0 | $52,636 | $860,593 |
| TAMARA CAPRETTA MPH RN | AVP, HEALTHCARE COMPLIANCE | 40.0 |
Highest
|
$0 | $51,524 | $805,074 |
| ERNEST SCHWEFLER | CHIEF CONTRACTING OFFICER | 40.0 |
Highest
|
$0 | $146,539 | $776,645 |
| KRIST AZIZIAN | CHIEF PHARMACY OFFICER | 40.0 |
Key Emp
|
$0 | $85,284 | $735,449 |
| EKTA VYAS | CHIEF HUMAN RESOURCES OFFICER | 40.0 |
Highest
|
$0 | $78,610 | $680,870 |
| JAMES M STATEN | SEE SCHEDULE O FOR TITLE | 2.0 |
|
$0 | $54,317 | $658,442 |
| JEFFREY HAY | Value Based Service Org - CMO | 40.0 |
Highest
|
$0 | $60,451 | $653,477 |
| AJAY VYAS | SEE SCHEDULE O FOR TITLE | 40.0 |
Highest
|
$0 | $76,922 | $580,335 |
| ERIC STRUCKO | CFO (UNTIL 2/17/23) | 40.0 |
Key Emp
|
$0 | $34,838 | $342,410 |
| GERALD HICKSON | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| JOHN KUSMIERSKY | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| TRES PETMECKY | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| AMY A ROSS PHD | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| PAUL ROTHMAN | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| LEONARD D SCHAEFFER | Director/Chair | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM EB SIART | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $9,748,669 | $17,169,364 | $160,908,165 | $-7,420,695 |
| 2023 | $22,727,939 | $303,866,216 | $164,280,903 | $-281,138,277 |
| 2022 | $3,068,040 | $199,774,023 | $113,716,774 | $-196,705,983 |
Compare USC HEALTH SYSTEM with other nonprofits in California and across the country.