Parker, AZ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)La Paz Regional Hospital, founded in 2000, is a mid-sized nonprofit in the Health Care sector that reported $48.9M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $47.0M left a modest 4% surplus.
To provide inpatient, outpatient healthcare and clinic Services to the residents and visitors of La Paz County and San Bernardino County.
La Paz Regional Hospital (LPRH) is a 25-bed rural hospital. Effective 10/23/2013, LPRH received Medicare approval as a CAH (Critical Access Hospital). LPRH operates the hospital and rural health...
La Paz Regional Hospital (LPRH) is a 25-bed rural hospital. Effective 10/23/2013, LPRH received Medicare approval as a CAH (Critical Access Hospital). LPRH operates the hospital and rural health clinics in Salome, Bouse, Quartzsite, and a Podiatry clinic in Parker. These clinics are the only health care available in Salome and Bouse, and the only full time service in Quartzsite. The hospital is the only general hospital in La Paz County. Between our hospital and clinics, we are an essential component of county health and welfare. During the 2023/2024 fiscal year-ended, total visits were 49,551 for a total of 19,489 patients treated. Inpatient visits totaled 443. Outpatient visits totaled 21,121. Other visits provided included: 8,428 ED visits, 3,684 Urgent Care visits, and 15,875 clinic visits.Our mission is to serve the residents of La Paz County and the surrounding California areas of Big River and Earp, two unincorporated areas without any healthcare resources and several hours from resources in San Bernardino. Our board of directors is chosen from our communities such that we have representation from across the county. Directors are unpaid and give tirelessly of their time and energies.The Hospital is operating a satellite x-ray unit in Quartzsite, Arizona, and a surgical addition in Parker that includes nuclear medicine and a cardiac cath lab. Nuclear medicine opened in November 2009 and the cath lab and surgical suite opened in January 2010. On September 1, 2012, the Hospital opened the Parker Medical Center. On December 13, 2013, the La Paz Clinical Ventures, LLC (Joint Venture) was dissolved. The former joint venture created in calendar year 2017, with Arizona Health Collaborative, LLC, was effectively ended when the Hospital entered into a Group Purchasing Organization effort with Dignity Health. All Arizona Health Collaborative Activity was effectively terminated and transfered to activity through this membership group.
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 | $48,894,797 | $39,772,089 | +0.2% |
| Expenses | $47,041,067 | $37,615,445 | +0.3% |
| Net Income | $1,853,730 | $2,156,644 | -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 |
|---|---|---|---|---|---|---|
| Norman Mendoza MD | Physician | 40.00 |
|
$613,312 | $58,679 | $671,991 |
| Adam Canton MD | Physician | 40.00 |
|
$398,413 | $24,635 | $423,048 |
| Zafer Genc | CEO | 40.00 |
Officer
|
$386,430 | $33,445 | $419,875 |
| Brett Gochnour | Physician | 40.00 |
|
$296,925 | $46,653 | $343,578 |
| Christine Barrington | CFO | 40.00 |
Officer
|
$223,668 | $39,874 | $263,542 |
| Steve Howe | CNO | 40.00 |
Officer
|
$205,213 | $38,223 | $243,436 |
| Omar Iniquez | Pharmacist | 40.00 |
|
$187,386 | $50,390 | $237,776 |
| Denise Roemen-Kramer | Nurse Practitioner | 40.00 |
|
$188,192 | $16,529 | $204,721 |
| Jonathan Woolery MD | Chf of Staff | 3.00 |
Officer
|
$35,100 | $0 | $35,100 |
| Maria Martinez | CNO Partial Yr | 40.00 |
Officer
|
$23,909 | $0 | $23,909 |
| Cheryl Montijo | Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| Norman Simpson | Past Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| Julian Barbara | Vice-Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| Kimberly McDermott | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Cory Madoneczky | Secy-Treasurer | 1.00 |
Director
|
$0 | $0 | $0 |
| Linda Cushman | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert Page | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lin Bachtel | Member@Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Randy Smith | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $48,894,797 | $47,041,067 | $35,531,096 | $1,853,730 |
| 2023 | $39,772,089 | $37,615,445 | $34,561,023 | $2,156,644 |
| 2022 | $32,937,757 | $34,273,322 | $31,302,767 | $-1,335,565 |
| 2021 | $33,751,029 | $31,387,281 | $34,060,825 | $2,363,748 |
| 2020 | $34,107,460 | $32,659,269 | $32,760,842 | $1,448,191 |
| 2019 | $32,148,853 | $31,417,665 | $27,995,264 | $731,188 |
| 2018 | $30,149,993 | $28,573,068 | $28,194,495 | $1,576,925 |
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