Downey, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PIH Health Downey Hospital, founded in 1956, is a major nonprofit in the Health Care sector that reported $262.2M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40.8M, a strong 16% operating margin.
Mission: We provide high quality healthcare without discrimination and contribute to the health and well-being of our communities in an ethical, safe, and fiscally prudent manner in recognition of our charitable purpose.
Patient Care: PIH Health Downey Hospital officially became part of PIH Health in October 2013. As a 501 (c)(3) nonprofit, 199-bed hospital, the Downey campus has provided quality care in a welcoming...
Patient Care: PIH Health Downey Hospital officially became part of PIH Health in October 2013. As a 501 (c)(3) nonprofit, 199-bed hospital, the Downey campus has provided quality care in a welcoming environment for almost 100 years. Patient Care in Fiscal Year 2023-2024 Employees: 1,250 Volunteers: 289 Number of Emergency Department (ED) visits: 62,413 Medical Staff: 478
Financial Assistance and Means-Tested Government Programs: Financial Assistance, also known as charity care, is defined as free or discounted health services provided to individuals who cannot afford...
Financial Assistance and Means-Tested Government Programs: Financial Assistance, also known as charity care, is defined as free or discounted health services provided to individuals who cannot afford to pay and who meet the eligibility criteria of the organization's financial assistance policy. PIH Health offers a generous Financial Assistance Program, providing charity care to those with family income(s) at or below 400% of Federal Poverty Level guidelines. In providing services to those patients participating in means-tested government health programs, such as Medi-Cal, PIH Health realizes a collective net loss each fiscal year due to the shortfall created when the payments received from these programs are less than the cost of caring for public program beneficiaries. Number of persons served by financial assistance and means-tested government programs: 42,911
Other Community Benefit Services: Community health improvement services, Health professions education, Subsidized health services, Cash and in-kind contributions and Community Building are comprised...
Other Community Benefit Services: Community health improvement services, Health professions education, Subsidized health services, Cash and in-kind contributions and Community Building are comprised of the following: COMMUNITY HEALTH IMPROVEMENT SERVICES AND COMMUNITY BENEFIT OPERATIONS: Community Health Improvement Services is defined as community health improvement activities, which extend beyond patient care activities. These programs include: community education, a community helpline, a medication-assisted treatment program, health insurance enrollment assistance, and purchased services for at-risk patients. Community Benefit Operations is defined as costs associated with assigned staff and community health needs assessments, and community benefit strategy and operations. Snapshot of Outcomes: * 9,337 community members were reached through a variety of community health improvement activities. HEALTH PROFESSIONS EDUCATION: This category includes educational programs for physicians, nurses, students and other health professionals when education is necessary or required by state law, accrediting body or health profession society. PIH Health programs include the Family Medicine Residency Program, and Student Education (internship, externship, preceptorship and mentoring programs). Snapshot of Outcomes: * 61 student nurses, physician residents and other individuals studying to become healthcare professionals were provided with mentorship, preceptorship and training opportunities. SUBSIDIZED HEALTH SERVICES: Subsidized services are clinical programs, which are provided despite a financial loss so significant that negative margins remain after removing the effects of financial assistance, bad debt and Medi-Cal shortfalls. Nevertheless, the service is provided because it meets an identified community need and, if no longer offered, would either be unavailable in the area or fall to the responsibility of government or another nonprofit organization to provide. PIH Health services provided include Emergency Department On-Call Physicians. Snapshot of Outcomes: * Some 14 individuals were served by subsidized health services. CASH & IN-KIND CONTRIBUTIONS: This category includes funds and in-kind services donated by PIH Health to community organizations or to the community-at-large for a community benefit purpose. These donations include cash donations to community organizations, hours contributed by staff to the community while on PIH Health work time, the cost of meeting space provided to community groups, and the donations of equipment, medications, supplies and services. Snapshot of Outcomes: * 103 individuals benefitted from donated staff time or meeting space. Total number of persons served by all Other Community Benefit Services categories: 9,515 For additional information, please refer to PIH Health's community benefit report at: PIHHealth.org/CBAnnualReport
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 | $262,193,856 | $197,272,206 | +0.3% |
| Expenses | $221,366,756 | $204,836,851 | +0.1% |
| Net Income | $40,827,100 | $-7,564,645 | -6.4% |
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 |
|---|---|---|---|---|---|---|
| ALEX ALVAREZ | DIRECTOR & TREASURER | 1.5 |
Officer
Director
|
$0 | $0 | $0 |
| CHARLOTTE WEAVER PhD | DIRECTOR & CHAIR | 1.5 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICK MONROE | DIRECTOR & VICE CHAIR | 1.5 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL TREINEN | DIRECTOR & SECRETARY | 1.5 |
Officer
Director
|
$0 | $0 | $0 |
| BLAYNE CUTLER MD PhD THRU 92724 | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| JANE DICUS THRU 92724 | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| JAY BROWN THRU 92724 | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| JEFF HAMAR | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| KENTON WOODS | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| MARISSA GOLDBERG | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| MARK DUBIN MD | DIRECTOR | 2.5 |
Director
|
$10,475 | $0 | $10,475 |
| MARK MINKES MD | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| MELANIE BATISTE | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| PAUL YOSHINO MD START 32224 | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| PETER GREANEY MD | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| RICHARD ATWOOD | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| ROBERT MALONEY MD THRU 111623 | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| SUSHIL OJHA MD THRU 32424 | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| THURSO BARENDSE START 2824 | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| TRACEA SARALIEV START 2824 | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| WILLIAM ROTH | DIRECTOR | 1.5 |
Director
|
$0 | $0 | $0 |
| ALEXIS ZAMARRIPA START 41124 | CNO | 40.0 |
Officer
|
$0 | $28,339 | $203,440 |
| JAMES WEST | SYSTEM PRESIDENT & CEO | 10.0 |
Officer
|
$0 | $38,737 | $2,562,270 |
| PEGGY CHULACK | SYSTEM CAO & ASST SECRETARY | 10.0 |
Officer
|
$0 | $32,543 | $1,651,984 |
| ROSALIO LOPEZ MD | SYSTEM CSO/CMO | 10.0 |
Officer
|
$0 | $48,338 | $1,414,663 |
| VID SHIVARAMAN | SYSTEM CFO & ASST TREASURER | 10.0 |
Officer
|
$0 | $197,076 | $1,081,174 |
| MOHAMMED GHONIM | REGIONAL VP | 15.0 |
Key Emp
|
$0 | $78,065 | $558,658 |
| ROLAND FARGO THRU 12312023 | REGIONAL VP | 15.0 |
Key Emp
|
$0 | $102,284 | $678,993 |
| CYNTHIA APODACA | RN, BSN | 40.0 |
Highest
|
$215,449 | $27,002 | $242,451 |
| LIBERTY ROSALES | RN CHARGE NURSE | 40.0 |
Highest
|
$279,202 | $31,407 | $310,609 |
| LUZ ONG | RN, BSN | 40.0 |
Highest
|
$225,982 | $22,922 | $248,904 |
| MARY RODRIGUEZ | RN CHARGE NURSE | 40.0 |
Highest
|
$236,363 | $16,940 | $253,303 |
| ROSALIE MADDEN | RN CHARGE NURSE | 40.0 |
Highest
|
$228,145 | $36,927 | $265,072 |
| BRIAN SMOLSKIS | FORMER- SYSTEM COO | 0.0 |
|
$0 | $264,451 | $2,192,779 |
| KEVIN BROWN | FORMER -VP, CARDIOLOGY SERVICES (THRU 5/23) | 0.0 |
|
$0 | $61,389 | $496,230 |
| MARIE-DIANNE SAUCO | FORMER CNO | 0.0 |
|
$0 | $124,147 | $581,427 |
| RAMONA PRATT | FORMER CNO | 0.0 |
|
$0 | $76,388 | $638,290 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $262,193,856 | $221,366,756 | $205,809,905 | $40,827,100 |
| 2023 | $197,272,206 | $204,836,851 | $194,522,798 | $-7,564,645 |
| 2022 | $203,490,605 | $197,555,031 | $186,762,359 | $5,935,574 |
| 2021 | $189,877,672 | $198,213,893 | $167,649,888 | $-8,336,221 |
| 2021 | $189,877,672 | $198,213,893 | $167,649,888 | $-8,336,221 |
| 2020 | $187,128,967 | $184,108,536 | $167,862,077 | $3,020,431 |
| 2019 | $170,397,521 | $174,930,029 | $164,320,635 | $-4,532,508 |
| 2018 | $158,653,631 | $169,367,130 | $161,264,007 | $-10,713,499 |
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