STOCKTON, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DAMERON HOSPITAL ASSOCIATION, founded in 1912, is a major nonprofit in the Health Care sector that reported $153.9M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $190.1M exceeded revenue, resulting in a 23% operating deficit.
WE SUPPORT PHYSICIANS AND OUR EMPLOYEES IN PROVIDING QUALITY CARE IN A SAFE, CARING ENVIRONMENT.
DAMERON HOSPITAL IS A FULLY ACCREDITED, 200+ BED COMMUNITY HOSPITAL PROVIDING ACUTE AND TERTIARY LEVEL CARE TO SAN JOAQUIN COUNTY RESIDENTS. NOW MANAGED BY ADVENTIST HEALTH, OUR HOSPITAL REMAINS...
DAMERON HOSPITAL IS A FULLY ACCREDITED, 200+ BED COMMUNITY HOSPITAL PROVIDING ACUTE AND TERTIARY LEVEL CARE TO SAN JOAQUIN COUNTY RESIDENTS. NOW MANAGED BY ADVENTIST HEALTH, OUR HOSPITAL REMAINS COMMITTED TO PROVIDING THE HIGH QUALITY CARE THAT HAS EARNED VARIOUS STATE AND NATIONAL RECOGNITIONS, AS WELL AS NUMEROUS AWARDS AND ACCOLADES. THE HOSPITAL HAS ALSO BEEN DESIGNATED BY BLUE SHIELD OF CALIFORNIA AS A BLUE DISTINCTION CENTER FOR BARIATRIC SURGERY AND FOR KNEE AND HIP REPLACEMENTS AS PART OF THE BLUE DISTINCTION CENTERS FOR SPECIALTY CARE PROGRAM. IN ADDITION TO BEING A TOP-RATED JOINT REPLACEMENT CENTER IN THE STOCKTON AREA, AND THE COUNTY'S LEADING ORTHOPEDIC HOSPITAL, DAMERON HAS ALSO BEEN RECOGNIZED AS A TOP PERFORMER FOR ITS QUALITY METRICS BY THE JOINT COMMISSION.THE SAN JOAQUIN COUNTY EMERGENCY MEDICAL SERVICES AGENCY HAS ALSO NAMED DAMERON AS A DESIGNATED STEMI (HEART ATTACK) RECEIVING CENTER AND CERTIFIED STROKE CENTER. THANKS TO DAMERON'S LIFELINE TECHNOLOGY AND CARDIAC-PREPARED ER STAFF, EMERGENCY RESPONDERS HAVE A LOCAL CARE PARTNER THAT IS ALSO A CERTIFIED CARDIAC CARE HOSPITAL AND A CARDIOTHORACIC SURGERY CENTER WITH AN ACTIVE CARDIAC CATHETERIZATION LAB. DAMERON HOSPITAL CONTINUES ITS LEADING-EDGE TRADITION, AND WE ARE CONTINUALLY ENHANCING OUR FACILITIES AND SERVICES TO HELP FULFILL OUR MISSION OF DELIVERING TOP-QUALITY CARE TO THE COMMUNITY. DAMERON SERVICES INCLUDE CARDIOLOGY AND CARDIAC SURGERY, ORTHOPEDICS, BARIATRIC SURGERY, AS WELL AS GENERAL ACUTE CARE, EMERGENCY, AND INTENSIVE CARE SERVICES. DAMERON ALSO PROVIDES PHYSICAL THERAPY AND OCCUPATIONAL HEALTH SERVICES AT OUR MARCH LANE FACILITY.
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 | $153,891,612 | $136,573,714 | +0.1% |
| Expenses | $190,050,421 | $177,526,100 | +0.1% |
| Net Income | $-36,158,809 | $-40,952,386 | -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 |
|---|---|---|---|---|---|---|
| MARIA VILLARREAL | REGISTERED NURSE | 40.00 |
Highest
|
$296,948 | $27,259 | $324,207 |
| MEMBER AKUVA | REGISTERED NURSE | 40.00 |
Highest
|
$234,842 | $26,385 | $261,227 |
| TAMMY A SWANSON | REGISTERED NURSE | 40.00 |
Highest
|
$219,033 | $37,239 | $256,272 |
| GARY BROWN | REGISTERED NURSE | 40.00 |
Highest
|
$229,178 | $25,147 | $254,325 |
| CHRIS PETERSON | CARDIAC CATH SUPERVISOR | 40.00 |
Highest
|
$211,639 | $24,866 | $236,505 |
| TARANDEEP ARORA | CHIEF OF STAFF | 40.00 |
Officer
|
$23,920 | $0 | $23,920 |
| WILLIAM TREZZA | CHAIRMAN OF THE BOARD | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANIEL DIXON | VICE CHAIRMAN/SECRETARY | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL HAKEEM | BOARD MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| KATHY LAGORIO-JANSSEN | BOARD MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| HON RONALD NORTHUP | BOARD MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| TERESA DAY | CEO | 40.00 |
Officer
|
$0 | $0 | $0 |
| KATIE DELMORE | CFO | 40.00 |
Officer
|
$0 | $0 | $0 |
| ERIC CORNWELL | CMO (THRU 03/23) | 40.00 |
Officer
|
$0 | $0 | $0 |
| DATTA GAURAV - ASSOC MEDICAL | OFFICER/INTERIM CMO (AS OF 03/23) | 40.00 |
Officer
|
$0 | $0 | $0 |
| TIMOTHY KARAGOUNIS | CHIEF OPERATIONS OFFICER | 40.00 |
Officer
|
$0 | $0 | $0 |
| DONOVAN STEWART | CHIEF NURSING OFFICER | 40.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $153,891,612 | $190,050,421 | $72,433,970 | $-36,158,809 |
| 2022 | $136,573,714 | $177,526,100 | $78,718,215 | $-40,952,386 |
| 2021 | $163,276,357 | $174,483,318 | $96,194,904 | $-11,206,961 |
| 2020 | $142,079,399 | $160,875,851 | $97,253,994 | $-18,796,452 |
| 2019 | $145,011,847 | $174,577,564 | $106,966,037 | $-29,565,717 |
| 2018 | $168,782,556 | $183,802,815 | $130,821,933 | $-15,020,259 |
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