Tillamook, OR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Northwest Medical Foundation Tillamook, founded in 1973, is a major nonprofit in the Health Care sector that reported $127.6M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $121.8M left a modest 5% surplus.
Living God's love by inspiring health, wholeness and hope.
Northwest Medical Foundation Tillamook, DBA Adventist Health Tillamook (AHTM), provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age, or ability to pay...
Northwest Medical Foundation Tillamook, DBA Adventist Health Tillamook (AHTM), provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age, or ability to pay. AHTM has been serving Tillamook County as a faith-based, nonprofit healthcare organization since 1973. It includes a 25-bed critical access medical center in Tillamook, the largest hospital-based ambulance service in Oregon with four stations, and six rural health and urgent care medical offices across the northern Oregon coast and inland communities of Vernonia and Estacada. With over 500 associates and healthcare providers, AHTM is part of Adventist Health, an integrated nonprofit system serving over 80 communities on the West Coast and Hawaii with more than 400 care sites. Although reimbursement for services rendered is critical to the operation and stability of AHTM, the organization recognizes that not all individuals possess the ability to pay for essential medical services. Adventist Health's vision is to enhance the health of the communities where we live and serve by engaging our communities and our patients in a new definition of and partnership for personal community health. In keeping with this commitment to serve all members of the community, the following coverage will be considered when individuals who need health care cannot afford to pay: - Free care and/or subsidized care - Care to persons covered by governmental programs at/or below cost - Health/wellness activities and community education programs Not only does AHTM provide low-cost care to individuals covered by government programs, and those unable to afford healthcare, it also helps patients find and access private and governmental resources for healthcare benefits. AHTM recognizes below-cost reimbursement as charity and uncompensated care in meeting its mission to the entire community. The unreimbursed cost of providing care to these patients in 2024 was $916,180. The following services were provided to all our patients: - 87,544 clinic visits - 86 deliveries - 882 discharges - 10,619 emergency room visits - 186 inpatient surgeries - 88,346 outpatient hospital visits - 993 outpatient surgeries - 3,368 patient days AHTM recognizes it has an obligation to provide human services above and beyond its role as a healing facility. Schedule H provides more details on the tangible ways in which the organization is fulfilling its mission. The total unreimbursed cost of these community benefits in 2024 was $5,682,292. AHTM's quality and performance awards include: Reputation 800 Customer Service Award, Lown Institute Hospital Index "A" Scores in Community Benefit, Value, Avoiding Overuse, and Cost Efficiency, Becker's Hospital Review Critical Access Hospitals to Know and Best Places to Work, Forbes Best Employers in Oregon, ranked 4th overall and top healthcare employer, Ragan Workplace Wellness Recognition for Employee Experience Adventist Health's mission statement of living God's love by inspiring health, wholeness and hope is coupled with a vision to transform the health experience of our communities through collaborative programs, community investments and community outreach. We are inspired by the healing ministry, as represented by the life of Jesus Christ, and believe we are called to live out our mission intentionally in the communities we serve. In the small towns, suburbs, and inner cities we serve, we continue our journey to provide quality healthcare until every person made in God's image has experienced the best health today, hope for tomorrow, and God's love that endures forever. Websites for our community benefit information: https://www.adventisthealth.org/about-us/community-benefit/
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 | $127,587,062 | $117,886,706 | +0.1% |
| Expenses | $121,803,748 | $106,952,718 | +0.1% |
| Net Income | $5,783,314 | $10,933,988 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| Heinrich Kerry | Dir/Chair/CEO | 0.00 |
Officer
Director
|
$0 | $57,975 | $4,032,170 |
| Hofheins Todd | Dir/Vice Chair/COO | 0.00 |
Officer
Director
|
$0 | $65,992 | $2,473,667 |
| Freedman John | Director | 0.00 |
Director
|
$0 | $0 | $27,203 |
| Newton Bradford | Director | 0.00 |
Director
|
$0 | $0 | $26,939 |
| Cherry Robert | Director | 0.00 |
Director
|
$0 | $0 | $26,611 |
| Davis Andrew | Director | 0.00 |
Director
|
$0 | $0 | $26,611 |
| Innocent Larry | Director | 0.00 |
Director
|
$0 | $0 | $26,611 |
| Reiner Richard | Director | 0.00 |
Director
|
$0 | $0 | $26,611 |
| Wagner Jack | Director | 0.00 |
Director
|
$0 | $0 | $21,611 |
| Woodson Marc | Director | 0.00 |
Director
|
$0 | $0 | $21,611 |
| Salazar Velino | Director thru 09/24 | 0.00 |
Director
|
$0 | $0 | $21,181 |
| Fehr Joy | Director | 0.00 |
Director
|
$0 | $0 | $18,680 |
| Beckett Ann | Director as of 01/24 | 0.00 |
Director
|
$0 | $0 | $17,930 |
| Daggett Jonathan | Director as of 01/24 | 0.00 |
Director
|
$0 | $0 | $16,180 |
| Jutzy Kenneth | Director as of 01/24 | 0.00 |
Director
|
$0 | $0 | $16,180 |
| Cress John | Director as of 10/24 | 0.00 |
Director
|
$0 | $0 | $430 |
| Beaman John | CFO/Assistant Secretary | 0.00 |
Officer
|
$0 | $79,808 | $2,060,669 |
| Jobe Meredith | Secretary | 0.00 |
Officer
|
$0 | $57,975 | $1,279,079 |
| Swanson Eric | President | 50.00 |
Officer
|
$0 | $35,853 | $652,794 |
| Smith Micah | Treas/Asst Secretary | 50.00 |
Officer
|
$0 | $79,538 | $441,773 |
| Newmyer Joyce | Pres, OR State Network thru 04/24 | 10.00 |
Key Emp
|
$0 | $61,374 | $1,400,281 |
| King Kyle - President OR | State Service Area as of 04/24 | 16.70 |
Key Emp
|
$0 | $57,996 | $921,245 |
| Welch Paul | Medical Director | 50.00 |
Key Emp
|
$0 | $79,815 | $570,713 |
| Seufert Regina | Clinic and Physician Executive | 0.00 |
Key Emp
|
$0 | $29,086 | $355,430 |
| Thompson Heather | Patient Care Executive | 0.00 |
Key Emp
|
$0 | $69,734 | $341,654 |
| LaFleur Brett | Physician | 40.00 |
Highest
|
$829,045 | $51,718 | $880,763 |
| Kaba David | Physician | 40.00 |
Highest
|
$612,212 | $36,892 | $649,104 |
| Echelberger Amy | Physician | 40.00 |
Highest
|
$370,646 | $38,891 | $409,537 |
| Gerken Brittany | Physician | 40.00 |
Highest
|
$360,228 | $48,668 | $408,896 |
| Pitts Todd | Physician | 40.00 |
Highest
|
$359,009 | $36,892 | $395,901 |
| Welch Donald - Former | Treas/Fin Officer, PNR thru 02/20 | 0.00 |
|
$0 | $57,975 | $764,267 |
| Wing Bill - Former | Dir/Asst Secr/Vice Chair thru 01/22 | 0.00 |
|
$0 | $0 | $273,263 |
| Stevens Eric - Former Care | Division Operations Exec thru 02/22 | 0.00 |
|
$0 | $57,975 | $1,944,121 |
| Nahapetian Arby - Former Care | Division Medical Officer thru 02/22 | 0.00 |
|
$0 | $79,808 | $1,839,066 |
| Rippey Wesley - Former | Reg Medical Officer, PNR thru 02/20 | 0.00 |
|
$0 | $37,321 | $833,584 |
| Jahn Andrew - Former | Care Division President thru 02/22 | 0.00 |
|
$0 | $59,411 | $752,628 |
| Leach Judy - Former | Strategy & Comm Exec, PNR thru 02/20 | 0.00 |
|
$0 | $50,219 | $591,880 |
| Lee Adam - Former | Dir Marketing & Comm, PNR thru 02/20 | 0.00 |
|
$0 | $79,483 | $455,126 |
| Voshell Shane - Former | Reg HR Dir, PNR thru 02/20 | 0.00 |
|
$0 | $71,269 | $376,356 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $127,587,062 | $121,803,748 | $106,987,903 | $5,783,314 |
| 2023 | $117,886,706 | $106,952,718 | $100,027,255 | $10,933,988 |
| 2022 | $113,458,370 | $103,406,826 | $84,103,995 | $10,051,544 |
| 2021 | $102,521,992 | $93,253,447 | $90,626,617 | $9,268,545 |
| 2020 | $100,488,083 | $93,476,509 | $95,488,229 | $7,011,574 |
| 2019 | $95,597,390 | $91,494,658 | $75,433,844 | $4,102,732 |
| 2018 | $88,258,938 | $85,096,022 | $65,583,470 | $3,162,916 |
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