Bottineau, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Rough Rider High Value Network, founded in 2022, is a community nonprofit in the Health Care sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $2.3M exceeded revenue, resulting in a 41% operating deficit.
To create and advance a sustainable network of rural North Dakota hospitals and clinics that increases clinical quality, pools member resources, manages financial risk, and improves community health.
Rough Rider High-Value Network was created for the advancement of a sustainable network of rural North Dakota hospitals and clinics that increases clinical quality, pools member resources, manages...
Rough Rider High-Value Network was created for the advancement of a sustainable network of rural North Dakota hospitals and clinics that increases clinical quality, pools member resources, manages financial risk, and improves community health. Through the network, 22 rural hospitals joined forces on clinical and operational fronts, amplifying the accessibility, affordability, and quality of care in North Dakota's rural communities. The organization is a beacon for over 350,000 patients, ensuring they receive nothing but the best care. The organization conducts several activities to achieve its missions, including (1) creation of a shared services co-op, (2) development of a clinically integrated network (CIN), and (3) expansion of care management capabilities through innovative collaborations to enhance the continuum of care. The organization provides its members an opportunity to encompass vendor solutions ranging from project specific assistance to complete infrastructure management and operation in a variety of operational and service areas. The organization also assists facilities in implementing strategies that enhance quality and care coordination based on their patients' specific needs through ACO Management, Care Coordination, Transitional Care Management, and Chronic Care Management. The Rough Rider Clinical Integration Network (CIN) empowers its member hospitals to offer continuous care to patients across the network. The CIN's Clinical Integration Committee, comprising a practitioner from each member hospital, supervises all clinical and quality initiatives.
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 | $1,618,595 | $1,070,062 | +0.5% |
| Expenses | $2,276,310 | $844,208 | +1.7% |
| Net Income | $-657,715 | $225,854 | -3.9% |
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 |
|---|---|---|---|---|---|---|
| Ben Bucher | Chairman (Through October)/Director | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jody Nelson | Chariman (From October)/Director | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Stephanie Everett | Vice Chair/Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Marcus Lewis | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lukas Fisher | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Michael Delfs | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Chris Albertson | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Alfred Sams | President | 40.00 |
Officer
|
$229,345 | $40,487 | $269,832 |
| Brett Norell | CFO | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,618,595 | $2,276,310 | $553,139 | $-657,715 |
| 2023 | $1,070,062 | $844,208 | $237,854 | $225,854 |
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