AI Transparency Report
Albany Med Health System, operating as a healthcare provider, demonstrates a generally stable financial position over the past decade, though with some fluctuations. In 2020, the organization reported revenues of $346,451,670 against expenses of $347,327,868, indicating a slight operational deficit. This trend of expenses closely matching or slightly exceeding revenue is observed in several years, such as 2019 ($347,789,681 revenue vs. $351,185,004 expenses) and 2017 ($315,484,733 revenue vs. $349,672,381 expenses). However, there were also years of surplus, like 2018 ($368,243,313 revenue vs. $356,566,101 expenses). The organization's assets have shown consistent growth, reaching $356,058,419 in 2020, while liabilities have also increased, standing at $206,102,158 in the same year. The absence of reported officer compensation across all filings is a notable aspect of its transparency regarding executive pay, though it's important to verify if this is due to a specific reporting structure or if compensation is reported under different categories not captured in this summary.