University Medical Center Management Corporaton, operating under the name University Medical Center New Orleans, is located in New Orleans, LA. The organization was established in 2006. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, University Medical Center New Orleans employed 3,737 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Medical Center New Orleans 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 12/2021, University Medical Center New Orleans generated $795.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $798.6m during the year ending 12/2021. While expenses have increased by 6.2% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
UNIVERSITY MEDICAL CENTER NEW ORLEANS WILL BE A LEADING WORLD-CLASS ACADEMIC (CONT'D ON SCH. O) MEDICAL CENTER AND THE DESTINATION OF CHOICE FOR EXCEPTIONAL HEALTHCARE. UNIVERSITY MEDICAL CENTER WILL PROVIDE EXCEPTIONAL PATIENT-CENTERED CARE AND A WORLD-CLASS ACADEMIC EXPERIENCE THROUGH ADVANCED RESEARCH, LEADING TECHNOLOGY AND INNOVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENT TEACHING & GRADUATE MEDICAL EDUCATION PROGRAMS: UNIVERSITY MEDICAL CENTER NEW ORLEANS (UMCNO) IS THE STATE OF LOUISIANA'S LARGEST TEACHING HOSPITAL AND A MAJOR TRAINING SITE FOR BOTH LSU AND TULANE UNIVERSITY SCHOOLS OF MEDICINE, AS WELL LSU SCHOOLS OF DENTISTRY, NURSING AND ALLIED HEALTH. MORE THAN 400 RESIDENT AND FELLOW FTE POSITIONS ACTIVELY ROTATE AT UMCNO ON A MONTHLY BASIS, THROUGH ROUGHLY 50 DIFFERENT MEDICAL SPECIALTIES. UMCNO ALSO PARTNERS WITH MANY OTHER ACADEMIC INSTITUTIONS SUCH AS DELGADO, XAVIER, DILLARD, NICHOLS STATE AND SOUTHERN UNIVERSITY TO TRAIN OVER 2,800 FUTURE HEALTH CARE PROVIDERS ANNUALLY.
PATIENT CARE: UMCNO PROVIDES CORE SAFETY NET SERVICES TO THE NEW ORLEANS REGION. THESE SERVICES INCLUDE THE OPERATION OF AN EMERGENCY ROOM, AN HIV OUTPATIENT CLINIC, ONCOLOGY SERVICES, MENTAL HEALTH SERVICES, A 16 BED BURN UNIT AND A LEVEL I TRAUMA CENTER. IN 2021, UMC EXPANDED ITS BEHAVIORAL HEALTH SERVICES WITH A NEW OUTPATIENT CLINIC LOCATION TO PROVIDE SERVICES SUCH AS ADDICTION PSYCH AND INTENSIVE OUTPATIENT THERAPY FOR GENERAL BEHAVIORAL AND SUBSTANCE ABUSE. IN ADDITION, UMC ALSO EXPANDED THE BARIATRIC PROGRAM WITH A NEW WEIGHT MANAGEMENT CLINIC, ADDED SLEEP DISORDER SERVICES, AND EXPANDED OUTPATIENT DIALYSIS SERVICES TO THOSE PATIENTS WHO HAVE BEEN INVOLUNTARILY DISCHARGED FROM OUTPATIENT ESRD FACILITIES. UMCNO PROVIDES A WIDE RANGE OF MEDICAL SERVICES COVERING (CONT'D ON SCH. O) 78 SPECIALTIES AND AMBULATORY CARE IN OVER 90 SPECIALTY CLINICS AND PROVIDES FREE AND REDUCED COST HEALTH CARE TO MEDICALLY INDIGENT AND UNINSURED PATIENTS, INCLUDING MEDICALLY COMPLEX AND OTHERWISE HIGH-RISK MEDICAID PATIENTS. IT ALSO PROVIDES MEDICALLY NECESSARY HEALTH CARE TO THE LOUISIANA DEPARTMENT OF CORRECTIONS POPULATION. THE HOSPITAL HAS 446 LICENSED BEDS AND TREATED 14,160 INPATIENTS AND 376,133 OUTPATIENTS.
COMMUNITY HEALTH SERVICES AND COMMUNITY BENEFIT OPERATIONS PROVIDE FREE HEALTH EDUCATION PROGRAMS AND SCREENINGS TO THE COMMUNITY. THESE PROGRAMS ARE DESIGNED TO FOCUS ON SOME OF THE MOST PREVALENT DISEASES IN THE NEW ORLEANS COMMUNITY, SUCH AS DIABETES, HEART DISEASE AND CANCER. THESE PROGRAMS ADDRESS PREVENTION, EARLY DETECTION, TREATMENT AND MAINTAINING HEALTHY LIFESTYLES. IN 2021, UNIVERSITY MEDICAL CENTER PARTICIPATED IN AND OFFERED NUMEROUS OUTREACH ACTIVITIES, INCLUDING FREE BREAST HEALTH LECTURES, FREE ONCOLOGY LECTURES, A FREE SKIN CANCER SCREENING, AND A FREE VASCULAR DISEASE SCREENING. THROUGH THE LEVEL 1 TRAUMA CENTER'S INJURY PREVENTION PROGRAM, UNIVERSITY MEDICAL CENTER PROVIDED EDUCATIONAL AND PREVENTION PROGRAMS INCLUDING SUDDEN IMPACT, WHICH EDUCATES HIGH SCHOOL STUDENTS ON THE (CONT'D ON SCH. O) CONSEQUENCES OF DISTRACTED AND IMPAIRED DRIVING; STOP THE BLEED, WHICH PROVIDES HEMORRHAGE CONTROL TRAINING TO LAW ENFORCEMENT PERSONNEL, ORGANIZATIONS, AND COMMUNITY MEMBERS; AND CHILD SAFETY SEAT CHECKS AND CAR SEAT DISTRIBUTION EVENTS. ADDITIONALLY, UNIVERSITY MEDICAL CENTER IS PARTNERED WITH WALGREENS AND AVITA DRUGS TO DISPENSE MEDICATIONS UNDER THE 340(B) PRICING PROGRAM TO ENSURE PATIENTS HAVE ACCESS TO NECESSARY PHARMACEUTICALS THAT MAY OTHERWISE NOT BE AVAILABLE TO THEM.
DURING THE YEAR ENDED DECEMBER 31, 2021 UMC PROVIDED $748,900 TO FURTHER LCMC AND LSU'S PARTNERSHIP TO PROVIDE PATIENTS WITH ACCESS TO STATE-OF-THE ART CLINICAL SERVICES AND CLINICAL TRIALS. THESE FUNDS ARE TO BE USED IN SUPPORT OF THEIR CLINICAL , RESEARCH AND EDUCATIONAL PROGRAMS IN THE AREAS OF ANATOMY, PHARMACOLOGY, AND PHYSIOLOGY, AND ARE INTENDED TO PROVIDE A TANGIBLE BENEFIT TO SOCIAL WELFARE THROUGH RELATED PROGRAMS AND EDUCATIONAL OPPORTUNITIES.ALSO IN 2021 UMC DONATED $331,049 TO LCMC HEALTH CLINICAL SERVICES D/B/A NOLA PHYSICIANS GROUP (NOLA PG) WITH THE INTENTION OF PROVIDING WORKING CAPITAL TO NOLA PG TO ALLOW FOR THEIR HEALTHCARE ACTIVITIES, SPECIFICALLY TO PROVIDE NEEDED SERVICES TO THE UNDERSERVED AREA OF NEW ORLEANS EAST. THIS DONATION SUPPORTS [HOSPITAL]'S TAX-EXEMPT PURPOSE AND COMMUNITY BENEFITS OBLIGATIONS AND IS PRESENTED AS COMMUNITY SUPPORT IN THE STATEMENT OF OPERATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nirav Patel Chief Medical Officer | Officer | 50 | $572,026 |
Peter Deblieux Chief Experience Officer | Officer | 50 | $464,593 |
David Janz Physician | 40 | $463,889 | |
Jyotsna Fuloria VP Clinical Research | Officer | 50 | $382,964 |
Lisa Miranda Chief Operating Officer | Officer | 50 | $370,622 |
Terrie Sterling Interim CEO (6/30/21-12/31/21) | OfficerTrustee | 50 | $360,000 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Morris & Dickson Co Pharmaceuticals | 12/30/21 | $37,625,682 |
Lsu Health Sciences Center Gme & Other Clinical Services | 12/30/21 | $111,276,483 |
Cardinal Health Medical Products | 12/30/21 | $15,871,697 |
Tulane University Gme & Other Clinical Services | 12/30/21 | $26,958,613 |
Centrio Energy South Llc Energy Services | 12/30/21 | $17,177,818 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $15,188,608 |
Government grants | $31,594,740 |
All other contributions, gifts, grants, and similar amounts not included above | $234,264 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $47,017,612 |
Total Program Service Revenue | $717,809,721 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $162,929 |
Net Gain/Loss on Asset Sales | -$16,059 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $795,421,027 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,079,949 |
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. | $3,213,105 |
Compensation of current officers, directors, key employees. | $684,391 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $187,075,679 |
Pension plan accruals and contributions | $4,933,453 |
Other employee benefits | $12,873,707 |
Payroll taxes | $12,320,017 |
Fees for services: Management | $51,043,427 |
Fees for services: Legal | $692,565 |
Fees for services: Accounting | $641,899 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $341,327 |
Fees for services: Other | $181,065,421 |
Advertising and promotion | $469,533 |
Office expenses | $7,286,411 |
Information technology | $2,896,594 |
Royalties | $0 |
Occupancy | $97,894,330 |
Travel | $737,523 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $190,959 |
Interest | $22,360,294 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $29,373,896 |
Insurance | $2,925,522 |
All other expenses | $5,646,135 |
Total functional expenses | $798,584,647 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $59,744,319 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $645,390 |
Accounts receivable, net | $82,606,033 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $12,991,587 |
Prepaid expenses and deferred charges | $238,816,583 |
Net Land, buildings, and equipment | $84,109,289 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $37,183,698 |
Total assets | $516,096,899 |
Accounts payable and accrued expenses | $180,894,986 |
Grants payable | $0 |
Deferred revenue | $51,516,973 |
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 | $281,049,562 |
Other liabilities | $216,263,679 |
Total liabilities | $729,725,200 |
Net assets without donor restrictions | -$213,628,301 |
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 | $516,096,899 |
Over the last fiscal year, University Medical Center Management Corporaton has awarded $1,079,949 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
New Orleans, LA PURPOSE: AMOUNTS PROVIDED WERE TO FURTHER LCMC AND LSU'S PARTNERSHIP TO PROVIDE PATIENTS WITH ACCESS TO STATE-OF-THE ART CLINICAL SERVICES AND CLINICAL TRIALS. THESE FUNDS ARE TO BE USED IN SUPPORT OF THEIR CLINICAL , RESEARCH AND EDUCATIONAL PROGRAMS IN THE AREAS OF ANATOMY, PHARMACOLOGY, AND PHYSIOLOGY, AND ARE INTENDED TO PROVIDE A TANGIBLE BENEFIT TO SOCIAL WELFARE THROUGH RELATED PROGRAMS AND EDUCATIONAL OPPORTUNITIES. THESE FUNDS WERE ALSO USED TO FUND IT SERVICES PROVIDED TO NEW ORLEANS EAST HOSPITAL. | $748,900 |
LCMC HEALTH CLINICAL SERVICES DBA NOLA PHYSICIAN GROUP PURPOSE: DURING THE YEAR ENDED DECEMBER 31, 2021, UMCMC DONATED $213,912 TO LCMC HEALTH CLINICAL SERVICES D/B/A NOLA PHYSICIANS GROUP (NOLA PG) WITH THE INTENTION OF PROVIDING WORKING CAPITAL TO NOLA PG TO ALLOW FOR THEIR HEALTHCARE ACTIVITIES, SPECIFICALLY TO PROVIDE NEEDED SERVICES TO THE UNDERSERVED AREA OF NEW ORLEANS EAST. THIS DONATION SUPPORTS UMCMC'S TAX-EXEMPT PURPOSE AND COMMUNITY BENEFITS OBLIGATIONS AND IS PRESENTED AS COMMUNITY SUPPORT IN THE STATEMENT OF OPERATIONS. LCMC HEALTH CLINICAL SERVICES IS A SMLLC OF LOUISIANA CHILDREN'S MEDICAL CENTER, A 501(C)(3) HOPSITAL AND THE SOLE MEMBER OF UMCMC. | $213,912 |
NEW ORLEANS CLINICAL SERVICES LLC (A SMLLC OF LCMC) PURPOSE: DURING THE YEAR ENDED DECEMBER 31, 2021, UMCMC DONATED $117,137 TO LCMC HEALTH CLINICAL SERVICES NEW ORLEANS CLINICAL SERVICES WITH THE INTENTION OF PROVIDING WORKING CAPITAL TO TO ALLOW FOR THEIR HEALTHCARE ACTIVITIES. THIS DONATION SUPPORTS UMCMC'S TAX-EXEMPT PURPOSE AND COMMUNITY BENEFITS OBLIGATIONS AND IS PRESENTED AS COMMUNITY SUPPORT IN THE STATEMENT OF OPERATIONS. NEW ORLEANS CLINICAL SERVICES IS A AS COMMUNITY SUPPORT IN THE STATEMENT OF OPERATIONS. NEW ORLEANS CLINICAL SERVICES IS A SMLLC OF LOUISIANA CHILDREN'S MEDICAL CENTER, A 501(C)(3) HOPSITAL AND THE SOLE MEMBER OF UMCMC. | $117,137 |
Over the last fiscal year, we have identified 2 grants that University Medical Center Management Corporaton has recieved totaling $15,188,608.
Awarding Organization | Amount |
---|---|
Childrens Hospital Inc New Orleans, LA PURPOSE: DURING THE YEAR ENDED DECEMBER 31, 2021, CHILDREN'S HOSPITAL DONATED $9,618,214 TO UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION (UMCMC) WITH THE INTENTION OF PROVIDING WORKING CAPITAL TO UMCMC TO SUPPORT THEIR HEALTHCARE AND EDUCATIONAL ACTIVITIES, SPECIFICALLY FOR UNINSURED AND UNDERINSURED PATIENTS. THIS DONATION SUPPORTS CHILDREN'S TAX-EXEMPT PURPOSE AND COMMUNITY BENEFIT OBLIGATIONS AND IS PRESENTED AS COMMUNITY SUPPORT IN THE STATEMENT OF OPERATIONS. | $9,618,214 |
Touro Infirmary New Orleans, LA PURPOSE: DURING THE YEAR ENDED DECEMBER 31, 2021, TOURO DONATED $5,570,394 TO UNIVERSITY MEDICAL CENTER MANAGEMENT CORPORATION AS SUPPORT FOR THE HOSPITAL'S HEALTHCARE ACTIVITIES. | $5,570,394 |
Organization Name | Assets | Revenue |
---|---|---|
University Medical Center Management Corporaton New Orleans, LA | $516,096,899 | $795,421,027 |
Kelsey Research Foundation Houston, TX | $10,072,702 | $2,621,345 |
San Antonio Cancer Foundation San Antonio, TX | $28,212,911 | $2,248,713 |
Mission Clinical Services Hot Springs, AR | $679,407 | $1,180,610 |
Texas 4000 For Cancer Austin, TX | $778,162 | $1,006,921 |
Triumph Over Kid Cancer Foundation Corpus Christi, TX | $1,064,676 | $789,744 |
Careity Foundation Fort Worth, TX | $2,308,296 | $1,614,148 |
Birds For Sofia Inc Frisco, TX | $0 | $0 |
Burning Limb Foundation Frisco, TX | $234,079 | $770,072 |
Sadie Keller Foundation Argyle, TX | $96,097 | $613,495 |
Cheyanna Foundation For Children Austin, TX | $980,670 | $718,140 |
Knapp Medical Center Foundation Inc Weslaco, TX | $12,401,741 | $1,617,711 |