BELLEVUE, WA
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Sign In — Free (10 views/day)OVERLAKE MEDICAL CENTER & CLINICS, founded in 1953, is a major nonprofit in the Health Care sector that reported $802.8M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.
TO PROVIDE COMPREHENSIVE HOSPITAL AND OTHER HEALTHCARE AND WELLNESS RELATED SERVICES AND PROVIDE EDUCATION, RESEARCH, AND OTHER ACTIVITIES DESIGNED TO PROMOTE THE GENERAL HEALTH OF THE COMMUNITY. THE MISSION IS TO PROVIDE COMPASSIONATE CARE FOR EVERY LIFE WE TOUCH.
HOSPITAL SERVICES: OVERLAKE MEDICAL CENTER & CLINICS IS A NONPROFIT REGIONAL CENTER SERVING THE EASTERN PUGET SOUND REGION WITH MEDICAL FACILITIES IN BELLEVUE, ISSAQUAH, KIRKLAND, REDMOND, SAMMAMISH...
HOSPITAL SERVICES: OVERLAKE MEDICAL CENTER & CLINICS IS A NONPROFIT REGIONAL CENTER SERVING THE EASTERN PUGET SOUND REGION WITH MEDICAL FACILITIES IN BELLEVUE, ISSAQUAH, KIRKLAND, REDMOND, SAMMAMISH AND NEWCASTLE. FOUNDED IN 1953, TODAY OVERLAKE HOSPITAL IS A REGIONAL LEADER IN HEALTH CARE, PROVIDING ADVANCED MEDICAL SERVICES IN THE AREAS OF CARDIAC CARE, GENERAL AND SPECIALTY SURGERY, WOMEN'S SERVICES, CANCER CARE AND EMERGENCY SERVICES. THE HOSPITAL ALSO HAS A NETWORK OF NEIGHBORHOOD CLINICS IN ITS PRIMARY SERVICE AREA. THERE WERE 15,658 PATIENTS ADMITTED FOR INPATIENT MEDICAL CARE FOR A TOTAL OF 74,091 PATIENT DAYS. THERE WERE 344,425 OUTPATIENT VISITS OF WHICH 60,057 WERE FOR EMERGENCY CARE VISITS. THE HOSPITAL DELIVERED 3,587 BABIES. OVERLAKE MEDICAL CLINICS PROVIDED 487,302 VISITS. OVERLAKE HOSPITAL EMPHASIZES THE PATIENT EXPERIENCE AS IS IN THE TOP 10% FOR LIKELIHOOD TO RECOMMEND" IN THE PRESS GANEY NATIONAL DATABASE. LIKEWISE, OVERLAKE CLINICS ARE IN THE TOP 15% FOR LIKELIHOOD TO RECOMMEND PRACTICE AND TOP 10% IN LIKELIHOOD TO RECOMMEND PROVIDER". OVERLAKE HOSPITAL DEMONSTRATED A COMMITMENT TO IMPROVING THE HEALTH OF THE COMMUNITY BY SUPPORTING MANY HEALTH-RELATED EVENTS, PROGRAMS, CLINICAL RESEARCH AND VARIOUS CONTRIBUTIONS THROUGHOUT THE YEAR THAT HAD A DIRECT BENEFIT TO THE COMMUNITY. THE HOSPITAL MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF CHARITY CARE IT PROVIDES. THESE RECORDS INCLUDE THE AMOUNT OF CHARGES FOREGONE FOR SERVICES. OVERLAKE HOSPITAL PROVIDED CARE TO 6,620 PATIENTS WHO WERE UNINSURED OR UNDER INSURED AT AN ESTIMATED COST OF $5,761,000. THE HOSPITAL PROVIDED CARE TO MEDICAID PATIENTS AT RATES BELOW THE COST OF PROVIDING SERVICES. THE PAYMENTS WERE LESS THAN THE COST BY $35,280,000. IN KEEPING WITH THE HOSPITAL'S SPIRIT OF GIVING BACK TO THE COMMUNITY, IT PROVIDED A TOTAL OF $10,001,000 FOR COMMUNITY BENEFIT SERVICE ACTIVITIES. ACHIEVEMENT AWARDS RECEIVED IN 2024: 1. LEAPFROG GROUP AGAIN AWARDED OVERLAKE HOSPITAL AN 'A' GRADE FOR PATIENT SAFETY. OVERLAKE MEDICAL CENTER & CLINICS RECEIVED AN "A" HOSPITAL SAFETY GRADE FROM THE LEAPFROG GROUP FOR FALL 2023. THIS WAS OVERLAKE'S 20TH "A" RATING IN THE LAST 24 RATING CYCLES. THIS NATIONAL DISTINCTION RECOGNIZES OVERLAKE'S DEDICATION TO PROTECTING HOSPITAL PATIENTS FROM PREVENTABLE HARM AND ERRORS. 2. OVERLAKE HOSPITAL AND CLINIC AGAIN EARNED SPECIALTY EXCELLENCE AWARDS FROM HEALTH GRADES FOR SUPERIOR SERVICE TO THE EASTSIDE COMMUNITY EXCELLENCE AWARD IN ORTHOPEDIC SURGERY, 5-STAR RECOGNITIONS BARIATRIC SURGERY (2023-2024), CAROTID PROCEDURES, CRANIAL NEUROSURGERY, HYSTERECTOMY (2023), BACK AND NECK SURGERY, TOTAL HIP REPLACEMENT, UPPER GASTROINTESTINAL SURGERY. 3. U.S. NEWS & WORLD REPORT RECOGNIZED OVERLAKE HOSPITAL AS A HIGH PERFORMING HOSPITAL FOR MATERNITY. AND AS A BEST REGIONAL HOSPITAL IN THE SEATTLE METRO IN 16 TYPES OF CARE. 4. PREMERA BLUE CROSS AND BLUE SHIELD AWARDED OVERLAKE HOSPITAL WITH THE BLUE DISTINCTION CENTER AWARD AND A DESIGNATION FOR CARDIAC CARE (2023). 5. BECKER'S HOSPITAL REVIEW NAMED OVERLAKE AS THE TOP RECOMMENDED HOSPITAL, GREAT COMMUNITY HOSPITAL LEADING IN OUTPATIENT JOINT REPLACEMENT AND 150+ TOP PLACES TO WORK IN HEALTHCARE. 6. OVERLAKE MEDICAL CENTER & CLINICS ACHIEVED THE TOP NATIONAL ORTHOPEDIC STANDARD FOR THE 5TH YEAR IN A ROW AS STAR PERFORMER FROM THE AMERICAN ORTHOPAEDIC ASSOCIATION'S (AOA) OWN THE BONE (2023-2024). 7. OVERLAKE RECEIVED ACCREDITATION FROM METABOLIC AND BARIATRIC SURGERY ACCREDITATION AND QUALITY IMPROVEMENT PROGRAM. 8. OVERLAKE WAS A 2023 HURON AWARD WINNER-EXCELLENCE IN HEALTHCARE. 9. AMERICAN HEART ASSOCIATION AWARDED OVERLAKE HOSPITAL WITH GOLD PLUS FOR STROKE AND HEART FAILURE INCLUDING HONOR ROLL IN HEART FAILURE AND TYPE 2 DIABITIES (2023). 10. CRIBS FOR KIDS CERTIFIED OVERLAKE HOSPITAL AS A SAFE SLEEP HOSPITAL-HELPING EVERY BABY SLEEP SAFER.
OTHER GRANTS AND ALLOCATIONS: GRANTS TO OVERLAKE HOSPITAL FOUNDATION TO COVER EXPENSES AND GRANTS TO SUPPORT OTHER COMMUNITY NONPROFIT ORGANIZATIONS.
EDUCATION SERVICES: IN ADDITION TO THE EXCELLENT CARE WE PROVIDE OUR PATIENTS, THE HOSPITAL FIRMLY BELIEVES EDUCATION IS CRITICAL TO OVERALL WELLNESS. THE HOSPITAL REACHES OUT TO THE COMMUNITY TO...
EDUCATION SERVICES: IN ADDITION TO THE EXCELLENT CARE WE PROVIDE OUR PATIENTS, THE HOSPITAL FIRMLY BELIEVES EDUCATION IS CRITICAL TO OVERALL WELLNESS. THE HOSPITAL REACHES OUT TO THE COMMUNITY TO ENGAGE AND EMPOWER ITS PATIENTS IN BECOMING EDUCATED HEALTHCARE CONSUMERS BY OFFERING FREE AND LOW-COST CLASSES AND SUPPORT GROUPS FOR ALL AGE GROUPS. HEALTH EDUCATION IS AN IMPORTANT PART OF PREVENTATIVE CARE. THE EDUCATION PROGRAM PROVIDED 26,600 FAMILY CONTACT HOURS OFFERING CLASSES OF A WIDE RANGE OF HEALTH RELATED TOPICS INCLUDING ADVANCED CARE PLANNING, MENTAL HEALTH, COPING SKILLS, SUICIDE PREVENTION TRAINING, WOMEN'S HEALTH, PRENATAL CARE, NEWBORN PARENTING, TEENS & TWEEN CONVERSATIONS ABOUT GROWING UP, BABYSITTING FOR TEENS, INFANT CPR, BASIC STOPPING THE BLEED, SENIOR HEALTH, MEDICARE 101, MAINTAINING BALANCE, AND DEALING WITH CANCER, HEART DISEASE, DIABETES, WEIGHT LOSS, AND LOSS OF A LOVED ONE.
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 | $802,768,233 | $722,143,602 | +0.1% |
| Expenses | $827,985,191 | $767,321,087 | +0.1% |
| Net Income | $-25,216,958 | $-45,177,485 | -0.4% |
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 |
|---|---|---|---|---|---|---|
| JASON THOMPSON | CHAIR | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM EVERT | SECRETARY & TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAULINE BACH | TRUSTEE | 1.50 |
Director
|
$0 | $0 | $0 |
| KRISTINA BELFIORE | TRUSTEE | 1.50 |
Director
|
$0 | $0 | $0 |
| ROBERT CAMPBELL | TRUSTEE THRU 05/24 | 3.00 |
Director
|
$0 | $0 | $0 |
| JORGE CERDA | TRUSTEE THRU 12/23 | 1.50 |
Director
|
$0 | $0 | $0 |
| ANNETTE CLARK | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| TED HERB | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| TIFFANY KOENIG | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JAMES LADD | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| MARTHA LEE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| LINDA MAHAFFEY | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| UMA RAGHAVAN-THURMAN | TRUSTEE THRU 05/24 | 2.00 |
Director
|
$0 | $0 | $0 |
| JULIE SUN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DILIP WAGLE | TRUSTEE | 3.00 |
Director
|
$0 | $0 | $0 |
| LISA WISSNER-SLIVKA | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JESSIE WOOLLEY-WILSON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| J MICHAEL MARSH | PRESIDENT & CEO | 45.00 |
Officer
|
$1,155,990 | $149,859 | $1,305,849 |
| ANDREW TOKAR | CFO THRU 04/24 | 48.00 |
Officer
|
$490,217 | $36,310 | $526,527 |
| PAUL ISHIZUKA | INTERIM CFO FROM 03/24 | 49.00 |
Officer
|
$0 | $0 | $0 |
| KELAN R KOENIG MD | OMC PHYSICIAN EXECUTIVE | 60.00 |
Key Emp
|
$758,327 | $82,746 | $841,073 |
| VALERIE CHRUSCIEL | OC CHIEF OPERATING OFFICER | 60.00 |
Key Emp
|
$439,343 | $52,602 | $491,945 |
| MICHELLE CURRY | CHIEF NURSING OFFICER | 50.00 |
Key Emp
|
$363,768 | $49,717 | $413,485 |
| SCOTT WATERS | CHIEF INFORMATION OFFICER | 50.00 |
Key Emp
|
$341,672 | $64,196 | $405,868 |
| DAVID WINOKUR | CHIEF ADMINISTRATIVE OFFICER | 50.00 |
Key Emp
|
$285,720 | $53,878 | $339,598 |
| DEREK RODRIGUES MD | CARDIOLOGIST | 40.00 |
Highest
|
$1,034,169 | $44,050 | $1,078,219 |
| DAVID W NELSON MD | CARDIAC SURGEON | 40.00 |
Highest
|
$955,217 | $50,565 | $1,005,782 |
| ASIF ALI KHAN MD | NEUROSURGEON | 40.00 |
Highest
|
$879,177 | $44,710 | $923,887 |
| ROBERT BINFORD MD | CARDIAC SURGEON | 40.00 |
Highest
|
$868,890 | $50,580 | $919,470 |
| SCOTT LOUIS MD | CARDIAC SURGEON | 40.00 |
Highest
|
$863,047 | $43,685 | $906,732 |
| JON DUARTE | FORMER KEY EMPLOYEE | 50.00 |
|
$362,836 | $52,491 | $415,327 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $802,768,233 | $827,985,191 | $946,217,268 | $-25,216,958 |
| 2023 | $722,143,602 | $767,321,087 | $933,613,010 | $-45,177,485 |
| 2022 | $702,791,082 | $714,031,598 | $1,021,060,160 | $-11,240,516 |
| 2021 | $648,505,695 | $623,344,871 | $1,137,955,919 | $25,160,824 |
| 2020 | $605,355,698 | $597,824,670 | $1,038,955,191 | $7,531,028 |
| 2019 | $610,075,588 | $571,863,866 | $959,048,510 | $38,211,722 |
| 2018 | $563,111,853 | $528,700,526 | $929,186,996 | $34,411,327 |
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