Wayne Memorial Hospital

Health care organization based in Honesdale, PA. 943 employees. Exempt under §501(c)(3).

MissionIT IS THE MISSION OF WAYNE MEMORIAL HOSPITAL TO PROVIDE QUALITY HEALTHCARE WITH COMPASSION, ADVOCACY, RESPECT, EXCELLENCE, AND SERVICE; TO PROMOTE WELLNESS IN OUR COMMUNITY; AND TO BE PROACTIVE IN RESPONDING TO OUR COMMUNITY'S NEEDS.

Financial snapshot · TY 2023

$116.3M
Total revenue
$119.2M
Total expenses
$193.3M
Net assets

Financial health · TY 2023

63
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
62
11.1 months of expenses
Program efficiency
85
84% spent on programs
Revenue diversity
21
Mix of program fees, grants & contributions

Leadership compensation

$691,496
96th percentile vs. peers
$675,723
96th percentile vs. peers
$601,665
96th percentile vs. peers
Dr Sean Mcveigh
TRUSTEE/CHIEF OF MEDICAL STAFF
$568,803
98th percentile vs. peers
$553,236
96th percentile vs. peers

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