HAZARD, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ARH ADVANCED CARE INC, founded in 2021, is a mid-sized nonprofit in the Health Care sector that reported $10.8M in total revenue in fiscal year 2024. Revenue surged 180% from the prior year, signaling strong growth momentum. Expenses of $17.2M exceeded revenue, resulting in a 59% operating deficit.
TO IMPROVE HEALTH AND PROMOTE WELL-BEING OF ALL PEOPLE IN CENTRAL APPALACHIA IN PARTNERSHIP WITH OUR COMMUNITIES.
ARH ADVANCED CARE INC. OPERATES TWO LONG TERM ACUTE CARE HOSPITALS (LTACHS) IN EASTERN KENTUCKY. LOCATIONS INCLUDE A 25-BED HOSPITAL LOCATED ON THE CAMPUS OF HAZARD ARH REGIONAL MEDICAL CENTER IN...
ARH ADVANCED CARE INC. OPERATES TWO LONG TERM ACUTE CARE HOSPITALS (LTACHS) IN EASTERN KENTUCKY. LOCATIONS INCLUDE A 25-BED HOSPITAL LOCATED ON THE CAMPUS OF HAZARD ARH REGIONAL MEDICAL CENTER IN PERRY COUNTY AND A 25-BED HOSPITAL LOCATED ON THE CAMPUS OF TUG VALLEY ARH REGIONAL MEDICAL CENTER IN PIKE COUNTY.LONG-TERM ACUTE CARE HOSPITALS (LTACHS) ARE FACILITIES THAT SPECIALIZE IN THE TREATMENT OF PATIENTS WITH SERIOUS MEDICAL CONDITIONS THAT REQUIRE CARE ON AN ONGOING BASIS BUT NO LONGER REQUIRE INTENSIVE CARE. THIS INCLUDES PATIENTS THAT MAY NEED PROLONGED VENTILATOR USE/WEANING OR PATIENTS NEEDING ONGOING DIALYSIS FOR CHRONIC RENAL FAILURE. ARH ADVANCED CARE HAS ADDED 75 NEW HEALTHCARE JOBS TO THE EASTERN KENTUCKY REGION ALONG WITH THE ADDED AVAILABILITY OF THIS MUCH-NEEDED SERVICE. CURRENTLY, THERE ARE NO LTACH FACILITIES IN THE EASTERN KENTUCKY REGION OF THE STATE. THE OVERALL GOAL OF ARH ADVANCED CARE IS TO IMPROVE ACCESS TO EXTENDED LONG-TERM CARE AND IMPROVE THE OVERALL HEALTH OF THE RESIDENTS THAT LIVE IN THE TARGETED CENTRAL APPALACHIA REGION. THE BIG SANDY LOCATION RECEIVED RECLASSIFICATION NOTIFICATION FROM CGS ON MAY 20, 2024, WITH AN EFFECTIVE RETROACTIVE DATE OF SEPTEMBER 16, 2023. THE KY RIVER LOCATION RECEIVED RECLASSIFICATION NOTIFICATION FROM CGS ON AUGUST 23, 2024, WITH AN EFFECTIVE RETROACTIVE DATE OF APRIL 1, 2024. ARH ADVANCED CARE HAS 117 PROVIDERS CREDENTIALED AT BIG SANDY AND 179 PROVIDERS CREDENTIALED AT KY RIVER. IN KEEPING WITH THE MISSION OF ARH ADVANCED CARE, THESE FACILITIES HAVE BEEN DEVELOPED TO IMPROVE HEALTH AND PROMOTE WELL-BEING OF ALL PEOPLE IN CENTRAL APPALACHIA. ARH ADVANCED CARE FACILITIES WILL PROVIDE A UNIQUE SETTING SPECIALIZING ON THOSE PATIENTS REQUIRING EXTENDED INPATIENT CARE INCLUDING VENTILATOR WEANING AND CARE FOR COMPLEX MEDICAL CONDITIONS. ARH ADVANCED CARE BIG SANDY HAS HAD 54 ADMISSIONS JANUARY 1, 2025 NOVEMBER 20, 2025. ARH ADVANCED CARE KY RIVER HAS HAD 49 ADMISSIONS JANUARY 1, 2025 NOVEMBER 20, 2025. ALL THESE PATIENTS AND FAMILIES WOULD HAVE HAD TO TRAVEL SOME 2+ HOURS TO RECEIVE THIS CARE PRIOR TO OUR OPENING.ARH ADVANCED CARE WILL WORK COLLABORATIVELY WITH ITS REFERRING FACILITIES TO APPROPRIATELY PLACE THOSE PATIENTS REQUIRING AN EXTENDED ACUTE INPATIENT STAY. IT IS THE VISION OF ARH ADVANCED CARE TO BE THE PREMIER DESTINATION FOR QUALITY LONG TERM ACUTE CARE WHILE ALLOWING PATIENTS TO BE TREATED IN THEIR COMMUNITY WITH THEIR SUPPORT SYSTEM IN CLOSE PROXIMITY.
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 | $10,842,087 | $3,873,984 | +1.8% |
| Expenses | $17,219,185 | $13,139,690 | +0.3% |
| Net Income | $-6,377,098 | $-9,265,706 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| PATRICK DOWNS MD | DIRECTOR/INTERIM CEO (START 6/25) | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEON HOLLON | CHAIRMAN | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| HOLLIE P HARRIS | CORPORATE DIRECTOR/SECRETARY | 3.00 |
Officer
Director
|
$0 | $118,812 | $1,622,589 |
| BYRON GABBARD | CORPORATE DIRECTOR | 5.00 |
Director
|
$0 | $60,915 | $725,166 |
| DR AARON CRUM | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| JILL MAYNARD | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| CHARLES LOVELL | INTERIM CEO (1/25-6/25) | 40.00 |
Officer
|
$0 | $0 | $0 |
| RUSSELL BARKER | PRESIDENT/CEO (TERM 1/2/25) | 40.00 |
Officer
|
$131,846 | $57,332 | $189,178 |
| JIM MAYNARD | COO (TERM 1/31/25) | 40.00 |
Officer
|
$0 | $5,843 | $103,679 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $10,842,087 | $17,219,185 | $13,430,001 | $-6,377,098 |
| 2024 | No data | No data | No data | No data |
| 2023 | $3,552,070 | $11,846,931 | $7,911,129 | $-8,294,861 |
Compare ARH ADVANCED CARE INC with other nonprofits in Kentucky and across the country.