Main Line Healthcare
- Assets
- $177.3m
- Revenue
- $401.7m
- Investments
- $0.0
- Employees
- 2,330
- Location
- Newtown Square, PA
- Founding
- 02/1986
- Data as of
- 06/2022
- EIN
- 23-2359401
Organization Overview
Main Line Healthcare is located in Newtown Square, PA. The organization was established in 1986. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 06/2022, Main Line Healthcare employed 2,330 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Line Healthcare is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Main Line Healthcare generated $401.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $401.7m during the year ending 06/2022. While expenses have increased by 8.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PROFESSIONALS OF MLHC ARE COMMITTED TO PROVIDING THE EXCEPTIONAL CARE THAT HAS BEEN ENTRUSTED TO US BY PATIENTS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAIN LINE HEALTHCARE IS THE EMPLOYED MULTISPECIALTY PHYSICIAN NETWORK OF THE MAIN LINE HEALTH SYSTEM AND INCLUDES 504 COMMUNITY AND HOSPITAL-BASED PHYSICIANS AND 246 ADVANCED PRACTICE PROVIDERS. MAIN LINE HEALTHCARE EMPLOYS PHYSICIANS AND ADVANCED PRACTICE PROVIDERS IN OVER 30 CLINICAL SPECIALTIES AND SUBSPECIALTIES WITHIN PRIMARY CARE, OBSTETRICS AND GYNECOLOGY, SURGERY, HOSPITAL MEDICINE, CARDIOLOGY, AND VARIOUS MEDICINE SUBSPECIALTIES. MAIN LINE HEALTHCARE PROVIDES ALL NECESSARY PRACTICE MANAGEMENT, OPERATIONS, AND FINANCIAL SERVICES SUPPORT FOR EMPLOYED PHYSICIANS AND ADVANCED PRACTICE PROVIDERS. MAIN LINE HEALTHCARE CONTINUES TO GROW AND PROMOTE ITS PHYSICIANS' CONNECTION TO THE MAIN LINE HEALTH SYSTEM, REINFORCING ITS STRATEGIC IMPORTANCE TO THE SYSTEM, AND ENABLING MAIN LINE HEALTHCARE TO DEVELOP A NETWORK IN HARMONY WITH ONGOING MAIN LINE HEALTH SYSTEM INITIATIVES. THE GOAL OF MAIN LINE HEALTHCARE IS TO CREATE AND COMMUNICATE A BRAND THAT CONVEYS EXCEPTIONAL QUALITY THROUGHOUT THE COMMUNITIES IT SERVES AND HAVE A POSITIVE IMPACT ON THE FUTURE OF THE ORGANIZATION AND MAIN LINE HEALTH. FOR THE FISCAL YEAR PRESENTED, MAIN LINE HEALTHCARE PHYSICIANS AND ADVANCED PRACTICE PROVIDERS WERE RESPONSIBLE FOR 1,432,801 PATIENT ENCOUNTERS. DUE TO THE IMPACT OF COVID-19, MAIN LINE HEALTHCARE OFFERED 42,048 TELEMEDICINE ENCOUNTERS FOR PATIENTS WHO WERE UNABLE TO PRESENT FOR APPOINTMENTS IN PERSON.
MAIN LINE HEALTHCARE IS THE EMPLOYED MULTISPECIALTY PHYSICIAN NETWORK OF THE MAIN LINE HEALTH SYSTEM AND INCLUDES 504 COMMUNITY AND HOSPITAL-BASED PHYSICIANS AND 246 ADVANCED PRACTICE PROVIDERS. MAIN LINE HEALTHCARE EMPLOYS PHYSICIANS AND ADVANCED PRACTICE PROVIDERS IN OVER 30 CLINICAL SPECIALTIES AND SUBSPECIALTIES WITHIN PRIMARY CARE, OBSTETRICS AND GYNECOLOGY, SURGERY, HOSPITAL MEDICINE, CARDIOLOGY, AND VARIOUS MEDICINE SUBSPECIALTIES. MAIN LINE HEALTHCARE PROVIDES ALL NECESSARY PRACTICE MANAGEMENT, OPERATIONS, AND FINANCIAL SERVICES SUPPORT FOR EMPLOYED PHYSICIANS AND ADVANCED PRACTICE PROVIDERS. MAIN LINE HEALTHCARE CONTINUES TO GROW AND PROMOTE ITS PHYSICIANS' CONNECTION TO THE MAIN LINE HEALTH SYSTEM, REINFORCING ITS STRATEGIC IMPORTANCE TO THE SYSTEM, AND ENABLING MAIN LINE HEALTHCARE TO DEVELOP A NETWORK IN HARMONY WITH ONGOING MAIN LINE HEALTH SYSTEM INITIATIVES. THE GOAL OF MAIN LINE HEALTHCARE IS TO CREATE AND COMMUNICATE A BRAND THAT CONVEYS EXCEPTIONAL QUALITY THROUGHOUT THE COMMUNITIES IT SERVES AND HAVE A POSITIVE IMPACT ON THE FUTURE OF THE ORGANIZATION AND MAIN LINE HEALTH. FOR THE FISCAL YEAR PRESENTED, MAIN LINE HEALTHCARE PHYSICIANS AND ADVANCED PRACTICE PROVIDERS WERE RESPONSIBLE FOR 1,432,801 PATIENT ENCOUNTERS. DUE TO THE IMPACT OF COVID-19, MAIN LINE HEALTHCARE OFFERED 42,048 TELEMEDICINE ENCOUNTERS FOR PATIENTS WHO WERE UNABLE TO PRESENT FOR APPOINTMENTS IN PERSON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John J Lynch III Ceo/ex-Officio Trustee | OfficerTrustee | 1 | $0 |
Basel Ramlawi Physician | Officer | 40 | $2,114,103 |
Scott Rushton Physician | Officer | 39 | $1,417,360 |
Mitesh Shah Physician | Officer | 40 | $1,289,609 |
William Gray Physician | Officer | 40 | $1,155,104 |
Michael J Buongiorno Treasurer | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
United Anesthesia Service Pc Physician Services | 6/29/22 | $1,332,141 |
E Lawrence Langan Iii Md Subcontracted Phys. | 6/29/22 | $341,850 |
Bryn Mawr Medical Specialists Physician Services | 6/29/22 | $231,350 |
Tmmk Llc Professional Svcs | 6/29/22 | $146,484 |
Erin Langan Subcontracted Phys. | 6/29/22 | $140,675 |
United Anesthesia Service Pc Physician Services | 6/29/22 | $1,332,141 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $535,991 |
| All other contributions, gifts, grants, and similar amounts not included above | $947 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $536,938 |
| Total Program Service Revenue | $397,827,380 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $401,749,571 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $25,319,725 |
| Compensation of current officers, directors, key employees. | $785,984 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $226,562,240 |
| Pension plan accruals and contributions | $5,797,627 |
| Other employee benefits | $14,668,103 |
| Payroll taxes | $13,033,630 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $264,214 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $308 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,377,476 |
| Advertising and promotion | $552 |
| Office expenses | $19,409,796 |
| Information technology | $7,223,521 |
| Royalties | $0 |
| Occupancy | $17,719,526 |
| Travel | $28,126 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,608 |
| Interest | $0 |
| Payments to affiliates | $9,764,444 |
| Depreciation, depletion, and amortization | $6,986,851 |
| Insurance | $9,451,113 |
| All other expenses | $11,355 |
| Total functional expenses | $401,746,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,838,884 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,057,660 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,447,772 |
| Net Land, buildings, and equipment | $47,456,723 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $98,496,491 |
| Total assets | $177,297,530 |
| Accounts payable and accrued expenses | $51,618,015 |
| Grants payable | $0 |
| Deferred revenue | $67,306 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $120,334,178 |
| Total liabilities | $172,019,499 |
| Net assets without donor restrictions | $5,278,031 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $177,297,530 |