Concord, NH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Concord Hospital - Laconia, founded in 2020, is a major nonprofit in the Health Care sector that reported $140.5M in total revenue in fiscal year 2023.
CH-Laconia is a charitable organization which exists to meet the health needs of individuals within the communities it serves.
Various hospital services; see Schedule H.In FYE 2024, CH-L invested over $19 million in community benefit programs, services, and other expenses. The largest areas of support were charitable care...
Various hospital services; see Schedule H.In FYE 2024, CH-L invested over $19 million in community benefit programs, services, and other expenses. The largest areas of support were charitable care services and subsidized programs and services. Our investment enhances the Hospital's ability to provide quality patient care, respond to identified community health needs and address the Hospital's charitable mission overall.
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 | $140,486,075 | $139,887,290 | +0.0% |
| Expenses | $153,610,579 | $150,570,506 | +0.0% |
| Net Income | $-13,124,504 | $-10,683,216 | +0.2% |
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 |
|---|---|---|---|---|---|---|
| Robert Steigmeyer | President & CEO, Member Ex-Officio | 1.00 |
Officer
Director
|
$0 | $316,861 | $1,901,942 |
| Lucy Karl Esq | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert Segal | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Manisha Patel DDS | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Charles Fanaras | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| William Chapman Esq | Secretary (end 1/2024) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lucy Hodder Esq | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Scott Sloane | Senior VP, CFO, & Treasurer | 1.00 |
Officer
|
$0 | $154,062 | $847,462 |
| Mary Bakken | System Chief Operating Officer | 1.00 |
Key Emp
|
$0 | $145,242 | $847,542 |
| Matthew Gibb MD | Chief Clinical Officer | 1.00 |
Key Emp
|
$0 | $126,234 | $997,316 |
| Kevin McCarthy | Chief Administrative Officer | 1.00 |
Key Emp
|
$0 | $104,369 | $578,960 |
| Christopher Weinmann MD | Physician | 50.00 |
Highest
|
$0 | $38,601 | $609,462 |
| David Croasdale MD | Physician | 50.00 |
Highest
|
$0 | $13,301 | $487,961 |
| Tajammul Shafique MD | Physician | 50.00 |
Highest
|
$0 | $42,600 | $510,212 |
| Stephen Marshall MD | Physician | 50.00 |
Highest
|
$0 | $44,194 | $506,533 |
| Krista Hachey MD | Physician | 50.00 |
Highest
|
$0 | $17,063 | $419,261 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $140,486,075 | $153,610,579 | $55,120,961 | $-13,124,504 |
| 2023 | $139,887,290 | $150,570,506 | $60,120,009 | $-10,683,216 |
| 2022 | $143,628,883 | $154,027,396 | $62,507,843 | $-10,398,513 |
| 2021 | $53,154,882 | $60,696,774 | $50,420,745 | $-7,541,892 |
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