Hr Physician Services

Organization Overview

Hr Physician Services, operating under the name Hr Medical Hospitalists Huntingdon Valley, is located in Huntingdon Valley, PA. The organization was established in 1992. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 06/2021, Hr Medical Hospitalists Huntingdon Valley employed 310 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hr Medical Hospitalists Huntingdon Valley 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 06/2021, Hr Medical Hospitalists Huntingdon Valley generated $52.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $66.8m during the year ending 06/2021. While expenses have increased by 6.2% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE PHYSICIAN HEALTHCARE SERVICES FROM PRIMARY CARE TO EMERGENCY AND DIAGNOSTIC SERVICES

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE MEDICAL CARE SERVICES BY PHYSICIANS AND SPECIALISTS PRIMARILY IN THE FOLLOWING HEALTH CARE SERVICE AREAS: PRIMARY CARE, EMERGENCY CARE, SURGICAL CARE, OBSTETRICS, GYNECOLOGIC, CARDIOLOGY, PULMONARY, BREAST CANCER, RADIOLOGY, PATHOLOGY, OCCUPATIONAL HEALTH, DIAGNOSTIC AND IN-PATIENT CARE.IN FY2021, HR PHYSICIAN SERVICES SERVED 62,210 PATIENTS IN THE STATES OF PENNSYLVANIA AND NEW JERSEY, GENERATING APPROXIMATELY $36.2M IN NET PATIENT REVENUE.


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Board, Officers & Key Employees

Name (title)Compensation
Joel Kramer
Physician
$612,866
Sheena Jain
Physician
$469,309
William Scarlett
Physician
$423,333
Stacy Krisher-Venticinque
Physician
$365,161
Marian Thallner
Vp, Cao
$193,264
Michael B Laign
Board Member, President/ceo
$157,417

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Diagnostic Imaging
Professional-radiology
$626,376
Hrh Management Corporation
Office Leasing
$525,546
Theracom Llc
Pharmaceutical Supplier
$428,734
Mckesson Drug
Pharmaceutical Supplier
$423,867
Cardiology Consultants Of Montgomery
Professional-medical
$303,922
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,402,679
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,402,679
Total Program Service Revenue$49,376,759
Investment income $161,530
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 $52,907,501

Endowment Analysis

Beg. Balance$344,296
Earnings$101,062
Grants$1,144
Ending Balance$444,214

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