RENTON, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROVIDENCE SAINT JOHN'S HEALTH CENTER, founded in 1942, is a major nonprofit in the Health Care sector that reported $456.9M in total revenue in fiscal year 2023. Expenses of $557.0M exceeded revenue, resulting in a 22% operating deficit.
AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.
AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND...
AT PROVIDENCE, WE USE OUR VOICE TO ADVOCATE FOR VULNERABLE POPULATIONS AND NEEDED REFORMS IN HEALTH CARE. WE ARE ALSO PURSUING INNOVATIVE WAYS TO TRANSFORM HEALTH CARE BY KEEPING PEOPLE HEALTHY, AND MAKING OUR SERVICES MORE CONVENIENT, ACCESSIBLE AND AFFORDABLE FOR ALL. IN AN INCREASINGLY UNCERTAIN WORLD, WE ARE COMMITTED TO HIGH-QUALITY, COMPASSIONATE CARE FOR EVERYONE - REGARDLESS OF COVERAGE OR ABILITY TO PAY. WE HELP PEOPLE AND COMMUNITIES BENEFIT FROM THE BEST HEALTH CARE MODEL FOR THE FUTURE - TODAY.TOGETHER, OUR 117,000 CAREGIVERS (ALL EMPLOYEES) SERVE IN 51 HOSPITALS, 1,000 CLINICS AND A COMPREHENSIVE RANGE OF HEALTH AND SOCIAL SERVICES ACROSS ALASKA, CALIFORNIA, MONTANA, NEW MEXICO, OREGON, TEXAS AND WASHINGTON. THE PROVIDENCE FAMILY INCLUDES:-PROVIDENCE ACROSS SEVEN WESTERN STATES-COVENANT HEALTH IN WEST TEXAS-PROVIDENCE FACEY MEDICAL FOUNDATION IN LOS ANGELES, CA-KADLEC IN SOUTHEAST WASHINGTON-PACIFIC MEDICAL CENTERS IN SEATTLE, WA-SWEDISH HEALTH SERVICES IN SEATTLE, WA AS A COMPREHENSIVE HEALTH CARE ORGANIZATION, WE ARE SERVING MORE PEOPLE, ADVANCING BEST PRACTICES AND CONTINUING OUR MORE THAN 100-YEAR TRADITION OF SERVING THE POOR AND VULNERABLE. DELIVERING SERVICES ACROSS SEVEN STATES, PROVIDENCE IS COMMITTED TO TOUCHING MILLIONS OF MORE LIVES AND ENHANCING THE HEALTH OF THE AMERICAN WEST TO TRANSFORM CARE FOR THE NEXT GENERATION AND BEYOND.THROUGH COMMUNITY BENEFIT PROGRAMS AND OTHER HIGH-IMPACT INVESTMENTS, WE WORK TO ENSURE BASIC HEALTH NEEDS ARE MET AND SERVE TO REMOVE BARRIERS TO CARE, BUILD COMMUNITY RESILIENCE AND INNOVATE FOR THE FUTURE. MINISTRIES AND AFFILIATES SUPPORT ORGANIZATIONS, PROGRAMS AND INITIATIVES THAT IMPROVE HEALTH AND WELL-BEING AND INCREASE EQUITABLE ACCESS TO QUALITY CARE AT THE COMMUNITY LEVEL AND AT SCALE ACROSS SEVEN STATES.WE ARE PROUD OF OUR HISTORY AND CONTINUED COMMITMENT TO HELPING BUILD A MORE EQUITABLE, SUSTAINABLE FUTURE. OUR STEADFAST COMMITMENT TO RESPONDING TO COMMUNITY NEED IS ONE OF THE MANY WAYS MINISTRIES, AFFILIATES AND CAREGIVERS LIVE OUT OUR SHARED MISSION AND CONTINUE TO SERVE AS A VITAL SAFETY NET FOR THOSE WHO ARE VULNERABLE.FOR MORE INFORMATION GO TO: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT ENVIRONMENTAL, SOCIAL, AND GOVERNANCE STANDARDSPROVIDENCE CONTINUES TO EXECUTE ON OUR INTEGRATED STRATEGIC AND FINANCIAL PLAN, WHICH CLEARLY EXPRESSES OUR COMMITMENT AND ACCELERATION OF THE IMPORTANT WORK TO ADDRESS SOCIAL, RACIAL, AND ECONOMIC DISPARITIES AND REDUCE OUR CARBON FOOTPRINT IN THE COMMUNITIES WE SERVE. PROVIDENCE ADVANCES PROGRESS ON OUR CARBON NEGATIVE GOAL AND IN 2023 WE ESTIMATED THAT WE DECREASED EMISSIONS BY OVER 12 PERCENT COMPARED TO OUR 2019 BASELINE. IN ADDITION, OUR EFFORTS LED TO THE INTRODUCTION OF THE GREEN HOSPITALS ACT, LEGISLATION MODELED AFTER PROVIDENCE THAT WOULD PROVIDE CRITICAL FEDERAL FUNDING TO WEATHERIZE AND MODERNIZE HEALTH CARE FACILITIES. PROVIDENCE COMPLETED A COMPREHENSIVE CLIMATE RESILIENCE PLAN IN ALIGNMENT WITH OUR COMMITMENT TO THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES CLIMATE PLEDGE. WE CONTINUE TO REDUCE GREENHOUSE GAS EMISSIONS WITH A FOCUS ON LED LIGHTING UPGRADES, WATER CONSERVATION, MORE EFFICIENT DELIVERY OF NITROUS OXIDE GAS DURING ANESTHESIA, AND ADVANCING OUR WASTE OPTIMIZATION WORK ACROSS ALL HOSPITALS AND CLINICS.2023 PROGRAM SERVICE ACCOMPLISHMENTSFOR MORE THAN SEVENTY-FIVE YEARS, SAINT JOHN'S HEALTH CENTER HAS OFFERED A RANGE OF HEALTH CARE PROGRAMS AND SERVICES UNPARALLELED ON THE WESTSIDE OF LOS ANGELES. PROVIDENCE SAINT JOHN'S HEALTH CENTER PROVIDES VITAL COMMUNITY HEALTH SERVICES AND ADDRESSES THE NEEDS OF THE UNINSURED AND UNDERINSURED THROUGH ITS FINANCIAL ASSISTANCE PROGRAM PROVIDING FREE AND DISCOUNTED CARE. IN CY23, PROVIDENCE ST. JOHN'S REPORTED $1.7M IN FINANCIAL ASSISTANCE (FREE AND DISCOUNTED CARE), AND $33M OF UNPAID COST OF MEDICAID. PROVIDENCE SAINT JOHN'S HEALTH CENTER IS COMMITTED TO PROMOTING THE HEALTH AND QUALITY OF LIFE IN ITS SURROUNDING COMMUNITY. IN CY23, PROVIDENCE SAINT JOHN'S HEALTH CENTER MADE PROGRESS TOWARD FOUR KEY INITIATIVES.INITIATIVE 1: STRENGTHEN INFRASTRUCTURE OF CONTINUUM OF CARE FOR PATIENTS EXPERIENCING HOMELESSNESS AS A HOSPITAL THAT SEES A SIGNIFICANT NUMBER OF PATIENTS EXPERIENCING HOMELESSNESS THAT COME IN THROUGH OUR EMERGENCY DEPARTMENTS FOR CARE.2023 ACCOMPLISHMENTS:- COMPLETED DISCHARGE PAPERWORK FOR 307 HOMELESS PATIENTS VISITING OUR EMERGENCY DEPARTMENT, SUCCESSFULLY CONNECTING 50 OF THEM IN A FORM OF HOUSING.- INCREASED PARTICIPATION AND REPRESENTATION OF PROVIDENCE IN LOCAL COALITIONS LIKE WESTSIDE COALITION LA PARTNERSHIP AND LA RECUPERATIVE CARE LEARNING NETWORK.- AWARDED $325,000 TO TWO GRANTEES SUPPORTING HOUSING AND HOMELESSNESS IN SANTA MONICA.INITIATIVE 2: IMPROVE ACCESS TO HEALTH CARE SERVICES WE WILL CONTINUE TO PROVIDE FINANCIAL AND IN-KIND SUPPORT TO COMMUNITY CLINICS AND NONPROFIT ORGANIZATIONS THAT IMPROVE HEALTH CARE ACCESS TO UNDERSERVED AND VULNERABLE POPULATIONS. 2023 ACCOMPLISHMENTS:- ENGAGED 3,000 COMMUNITY MEMBERS THROUGH OUR COMMUNITY HEALTH ACTION TEAM PROJECT, AS WELL AS PROVIDED COLORECTAL EDUCATION AT 235 COMMUNITY EVENTS AND POP-UP EVENTS.- AWARDED $100,000 TO TWO LOCAL ORGANIZATIONS SUPPORTING INCREASED ACCESS TO HEALTH CARE SERVICES.INITIATIVE 3: IMPROVE ACCESS TO BEHAVIORAL HEALTH AND REDUCE STIGMA.2023 ACCOMPLISHMENTS:- TRAINED 216 PARTICIPANTS IN MENTAL HEALTH FIRST AID AT COMMUNITY LOCATIONS IN SANTA MONICA.- SERVED 588 MEDI-CAL PATIENTS IN OUR CHILD AND FAMILY DEVELOPMENT CENTER'S (CFDC) OUTPATIENT THERAPY PROGRAM.- PROVIDED GROUP THERAPY SERVICES FOR 60 CHILDREN/YOUTH THROUGH OUR CFDC CHILD/YOUTH DEVELOPMENT PROJECT.- AWARDED $135,000 TO THREE ORGANIZATIONS WITHIN SANTA MONICA PROVIDING MENTAL HEALTH SUPPORT TO UNDERSERVED POPULATIONS.INITIATIVE 4: TRAIN AND DEPLOY A WORKFORCE OF COMMUNITY HEALTH WORKERS TO ADDRESS SOCIAL DETERMINANTS OF HEALTH IN UNDERSERVED POPULATIONS - ONE AREA OF FOCUS WAS ADVANCE COMMUNITY HEALTH WORKER DRIVEN OUTREACH AND EDUCATION TO REDUCE HYPERTENSION IN COMMUNITIES OF COLOR, FOCUSING ON BLACK AND LATINX PATIENT POPULATIONS.- 57.1% OF BLACK PATIENTS DIAGNOSED WITH HYPERTENSION HAVE BLOOD PRESSURE ADEQUATELY CONTROLLED (<140/90 MMHG). - 59.6% OF LATINX PATIENTS DIAGNOSED WITH HYPERTENSION HAVE BLOOD PRESSURE ADEQUATELY CONTROLLED (<140/90 MMHG).FOR MORE INFORMATION BY NEED AREA GO TO OUR CB ANNUAL REPORT LOCATED AT: HTTPS://WWW.PROVIDENCE.ORG/ABOUT/ANNUAL-REPORT/REPORTS/SOUTHERN-CALIFORNIA
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 | $456,923,864 | $468,149,587 | 0.0% |
| Expenses | $557,013,467 | $599,680,107 | -0.1% |
| Net Income | $-100,089,603 | $-131,530,520 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| MARY LYONS PHD | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $100,085 |
| MICHAEL MURPHY | BOARD CHAIR | 1.00 |
Director
|
$0 | $0 | $75,066 |
| CHARLES SORENSON MD | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $50,000 |
| ISIAAH CRAWFORD PHD | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $50,000 |
| RICHARD BLAIR | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $50,000 |
| ERIC SPRUNK | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $40,000 |
| MARY BETH KINGSTON | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $40,000 |
| MARVIN O'QUINN | DIRECTOR (PART YEAR) | 0.50 |
Director
|
$0 | $0 | $0 |
| SISTER CAROL PACINI LCM | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| SISTER DIANE HEJNA CSJ RN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| SISTER PHYLLIS HUGHES RSM DRPH | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ERIK WEXLER | PRESIDENT/CEO | 0.50 |
Officer
|
$0 | $461,693 | $5,616,067 |
| GREG HOFFMAN | EVP & CFO/TREASURER | 0.50 |
Officer
|
$0 | $334,955 | $3,539,549 |
| ANNA NEWSOM | EVP & CHIEF LEGAL OFFICER/SECRETARY | 1.00 |
Officer
|
$0 | $412,545 | $2,329,749 |
| JIM WATSON ESQ | ASSISTANT SECRETARY | 0.50 |
Officer
|
$0 | $146,931 | $1,115,622 |
| JIM MARTIN | ASSISTANT TREASURER (PART YEAR) | 1.00 |
Officer
|
$0 | $115,635 | $944,563 |
| DONALD ANDERSON JR | ASSISTANT SECRETARY FOR ENROLLMENT | 0.50 |
Officer
|
$0 | $30,846 | $323,721 |
| MICHAEL RICKS | CHIEF EXEC ST JOHNS HEALTH CNT | 27.50 |
Key Emp
|
$0 | $272,748 | $1,985,427 |
| JOHN F GOEDERS | CFO ST JOHNS HEALTH CNT | 27.50 |
Key Emp
|
$0 | $52,969 | $488,944 |
| JARED AMERSON | COO ST JOHNS HEALTH CNT | 55.00 |
Key Emp
|
$427,518 | $33,949 | $461,467 |
| ROBERT KLEIN | PRESIDENT/CEO SJHC FDN - THRU 4/23 | 0.00 |
Highest
|
$903,629 | $52,622 | $956,251 |
| STELLA NICHOLS | CFO/COO SJHC FOUNDATION | 0.00 |
Highest
|
$469,359 | $68,665 | $538,024 |
| MINA KANG | CHIEF MEDICAL OFFICER HOSPITAL | 50.00 |
Highest
|
$466,907 | $61,818 | $528,725 |
| MICHAEL AVILA | SVP DEVELOPMENT SJHC FOUNDATION | 50.00 |
Highest
|
$374,197 | $30,295 | $404,492 |
| STEPHANIE NOLAN | CHIEF NURSING OFFICER | 50.00 |
Highest
|
$363,138 | $32,519 | $395,657 |
| JO ANN ESCASA-HAIGH | FRMR TREASURER/CFO/VP | 0.00 |
|
$0 | $10,754 | $3,302,551 |
| JOHN WHIPPLE | FRMR SECRETARY | 0.00 |
|
$0 | $0 | $541,701 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $456,923,864 | $557,013,467 | $741,508,620 | $-100,089,603 |
| 2022 | $468,149,587 | $599,680,107 | $666,988,301 | $-131,530,520 |
| 2021 | $435,323,358 | $554,738,125 | $662,566,140 | $-119,414,767 |
| 2020 | $410,418,758 | $500,803,298 | $594,443,833 | $-90,384,540 |
| 2019 | $410,606,689 | $351,658,192 | $592,838,390 | $58,948,497 |
| 2019 | $410,606,689 | $479,712,059 | $592,838,390 | $-69,105,370 |
| 2018 | $413,263,967 | $386,844,463 | $499,429,553 | $26,419,504 |
| 2018 | $413,263,967 | $465,019,510 | $499,429,553 | $-51,755,543 |
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