Associated Physicians Of Harvard Faculty Physicians At Beth Isreal
- Assets
- $25.9m
- Revenue
- $224.1m
- Investments
- $6.7m
- Employees
- 698
- Location
- Boston, MA
- Founding
- 09/2003
- Data as of
- 09/2022
- EIN
- 32-0058309
Organization Overview
Associated Physicians Of Harvard Faculty Physicians At Beth Isreal is located in Boston, MA. The organization was established in 2003. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 09/2023, Associated Physicians Of Harvard Faculty Physicians At Beth Isreal employed 698 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Associated Physicians Of Harvard Faculty Physicians At Beth Isreal 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 09/2022, Associated Physicians Of Harvard Faculty Physicians At Beth Isreal generated $224.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $222.6m during the year ending 09/2022. While expenses have increased by 16.5% 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 MISSION OF ASSOCIATED PHYSICIANS OF HARVARD MEDICAL FACULTY PHYSICIANS AT BETH ISRAEL DEACONESS MEDICAL CENTER, INC. (APHMFP) IS TO SUPPORT MEDICAL RESEARCH, PROVIDE WORLD CLASS MEDICAL INSTRUCTION AND EXTRAORDINARY CLINICAL CARE TO IMPROVE THE GENERAL PUBLIC HEALTH OF PATIENTS SERVED BY THE BETH ISRAEL DEACONESS MEDICAL CENTER AND ITS AFFILIATED HOSPITALS AND PHYSICIAN PRACTICES IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLINICAL CAREAPHMFP LEVERAGES ITS SIZE TO SUPPORT A FULL RANGE OF CLINICAL AND MANAGEMENT SERVICES IN THE COMMUNITY SETTING. THESE SERVICES INCLUDE THE DEPLOYMENT OF SPECIALTY PHYSICIANS, COMPREHENSIVE RECRUITING AND RETENTION PROGRAMS WHEN ADDITIONAL PHYSICIANS ARE NEEDED IN THE COMMUNITY, CONTINUOUS QUALITY IMPROVEMENT, RISK MANAGEMENT, SPECIALTY-SPECIFIC INFORMATION SYSTEMS AND PATIENT SATISFACTION MEASURES TO ENHANCE CLINICAL INTEGRATION FOR THOSE PATIENTS SERVED IN THE COMMUNITY SETTING.SOME OF APHMFP'S KEY STATISTICS FOR FY2023 REGARDING PATIENT CARE ARE IDENTIFIED BELOW:EMERGENCY VISITS 211,625NEONATAL VISITS 8,364OUTPATIENT VISITS 79,231INPATIENT VISITS 102,625ANESTHESIA CASES 80,136SURGICAL CASES 11,738GASTROINTESTINAL PROCEDURES 2,603 RADIOLOGY EXAMS 239,634 SURGICAL PATHOLOGY EXAMS 38,739 THE APHMFP DEPARTMENT OF EMERGENCY MEDICINE (EMED) IS UNIQUELY QUALIFIED TO PROVIDE EMERGENCY SERVICES BASED ON A VARIETY OF STRENGTHS IN THE CLINICAL, ACADEMIC AND ADMINISTRATIVE SETTINGS. EMED IS A PROFESSIONAL GROUP OF BOARD PREPARED AND BOARD CERTIFIED EMERGENCY PHYSICIANS WITH A PRACTICE THAT INCLUDES TERTIARY CARE AT A HARVARD TEACHING HOSPITAL IN BOSTON (BETH ISRAEL DEACONESS MEDICAL CENTER) AS WELL AS COMMUNITY CARE AT HOSPITALS IN NEEDHAM (BETH ISRAEL DEACONESS HOSPITAL -- NEEDHAM), WORCESTER (ST. VINCENT HOSPITAL), MILTON (BETH ISRAEL DEACONESS HOSPITAL -- MILTON), PLYMOUTH (BETH ISRAEL DEACONESS HOSPITAL - PLYMOUTH), NEW BEDFORD (ST. LUKE'S HOSPITAL), SOUTHBRIDGE AND WEBSTER (UMASS MEMORIAL HEALTH HARRINGTON ) ALL IN MASSACHUSETTS. THE EMED TEAM OF PROVIDERS HAS NATIONALLY RENOWNED EXPERTS IN EDUCATION AND PRE-HOSPITAL CARE, AND IS VIEWED AS A LEADER IN THE COMMUNITY IN PATIENT ACCESS, SERVICE AND SATISFACTION. EMED ALSO PROVIDES CARE IN THE URGENT CARE SETTING IN DEDHAM, MASSACHUSETTS. APHFMP PROVIDES ACCESS TO MANY SPECIALTY CARE PROVIDERS FOR CONSULTATION IN MEDICINE SUB-SPECIALTIES, SURGERY, RADIATION ONCOLOGY, AS WELL AS NEONATOLOGY, OBSTETRICS/GYNECOLOGY AND NEUROLOGY AND THE PROVISION OF ANCILLARY SERVICES SUCH AS RADIOLOGY AND PATHOLOGY IN DIFFERENT LOCATIONS THROUGHOUT THE NETWORK OF AFFILIATED HOSPITALS. THE APHMFP DEPARTMENT OF MEDICINE PROVIDES HOSPITALIST CARE TO THE COMMUNITY UTILIZING CLINICAL GUIDELINES, EVIDENCE BASED PRACTICE, AND MEDICAL INFORMATICS TO STREAMLINE AND OPTIMIZE PATIENT CARE AND SATISFACTION AT NEEDHAM (BETH ISRAEL DEACONESS HOSPITAL -- NEEDHAM), MILTON (BETH ISRAEL DEACONESS HOSPITAL -- MILTON) AND PLYMOUTH (BETH ISRAEL DEACONESS HOSPITAL -- PLYMOUTH). IN ADDITION, APHMFP ANESTHESIOLOGISTS ARE PROVIDING CARE TO PATIENTS AT MANY OF APHMFP'S AFFILIATED HOSPITALS ACROSS THE BETH ISRAEL LAHEY HEALTH NETWORK INCLUDING ANNA JACQUES HOSPITAL, MOUNT AUBURN HOSPITAL, BETH ISRAEL DEACONESS HOSPITAL - MILTON, NEW ENGLAND BAPTIST HOSPITAL, BETH ISRAEL DEACONESS HOSPITAL - PLYMOUTH AND BETH ISRAEL DEACONESS HOSPITAL - NEEDHAM. APHMFP ALSO PROVIDED NEONATOLOGY CARE AT NORTHEAST HOSPITAL CORP (BEVERLY HOSPITAL), BID-PLYMOUTH, ANNA JAQUES HOSPITAL. THE CLINICAL CARE PROVIDED IMPROVES THE HEALTH OF PATIENTS AND THE COMMUNITIES SERVED BY BETH ISRAEL LAHEY HEALTH AT BETH ISRAEL DEACONESS MEDICAL CENTER AND ITS AFFILIATED HOSPITALS.
RESEARCHAS PART OF ITS EXEMPT PURPOSE, APHMFP PERFORMS RESEARCH AND TEACHING IN THE AREA OF EMERGENCY MEDICINE IN CONJUNCTION WITH BIDMC, HARVARD MEDICAL FACULTY PHYSICIANS AT BIDMC (HMFP) AND ITS AFFILIATES.THE ORGANIZATION'S RESEARCH FOCUSES ON CLINICAL AND NON-CLINICAL ACTIVITIES RELATED TO THE EMERGENCY DEPARTMENT AND THE PROCESSES, POLICIES AND PROCEDURES REQUIRED WITHIN THE DEPARTMENT. AREAS OF FOCUS INCLUDE PATIENT SATISFACTION, CLINICAL GUIDELINES, NURSING AND PHYSICIAN WORKLOAD ANALYSIS, AND PATIENT THROUGHPUT ANALYSIS.
OBSTETRICS AND GYNECOLOGY IN PLYMOUTHTHE EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE EXTRAORDINARY CLINICAL CARE AND IMPROVE THE HEALTH OF PATIENTS OF BETH ISRAEL DEACONESS MEDICAL CENTER (BIDMC) AND OTHER AFFILIATED GROUPS IN THE COMMUNITY SETTING. IN ADDITION, THE ORGANIZATION PARTICIPATES IN ACTIVITIES DESIGNED TO IMPROVE THE GENERAL PUBLIC HEALTH AND PROVIDE FOR THE TREATMENT AND CARE OF INDIGENT PERSONS.THE ORGANIZATION MANAGES AND DELIVERS OBSTETRICS AND GYNECOLOGY SERVICES IN CONJUNCTION WITH BETH ISRAEL DEACONESS HOSPITAL - PLYMOUTH AND ITS COMMUNITY PHYSICIAN PRACTICE, JORDAN PHYSICIAN ASSOCIATES, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimball MD MPH Alexa B Dir (ex-Off) & Pres (hmfp Ceo) | OfficerTrustee | 1 | $0 |
Rodriguez MD Edward Kenneth Director | Trustee | 1 | $0 |
Talmor MD MPH Daniel Director | Trustee | 1 | $0 |
Stevenson MD PHD Mary Ann Dir;chf Radonc Bidmc,chr Radonc Hmfp | Trustee | 1 | $0 |
Wolfe MD Richard E Dir (ex-Off) & VP | OfficerTrustee | 1 | $0 |
Mcdermott ESQ Shaw Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Locumtenenscom Llc Medical Provider Locum Tenen Services | 9/29/23 | $4,135,572 |
Nationwide Anesthesia Services Inc Support Services | 9/29/23 | $3,428,238 |
Logixhealth Inc Professional Billing Services | 9/29/23 | $2,615,639 |
Anesthesia Financial Solutions Llc Professional Billing Services | 9/29/23 | $2,154,968 |
Physicians Professional Services Professional Billing Services | 9/29/23 | $989,934 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $223,839,987 |
| Investment income | $41,967 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $211,902 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $224,093,856 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $159,468,555 |
| Pension plan accruals and contributions | $12,003,455 |
| Other employee benefits | $10,450,769 |
| Payroll taxes | $7,405,116 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $94,246 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $1,858 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $55,655 |
| Fees for services: Other | $8,989,837 |
| Advertising and promotion | $900 |
| Office expenses | $591,985 |
| Information technology | $423,165 |
| Royalties | $0 |
| Occupancy | $817,313 |
| Travel | $236,642 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,886 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $111,394 |
| Insurance | $3,901,523 |
| All other expenses | $2,781,207 |
| Total functional expenses | $222,553,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,210,837 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,891,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $14,260,411 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $465,688 |
| Net Land, buildings, and equipment | $532,050 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,654,011 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$4,114,165 |
| Total assets | $25,900,332 |
| Accounts payable and accrued expenses | $9,141,177 |
| Grants payable | $0 |
| Deferred revenue | $675,000 |
| 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 | $3,781,974 |
| Total liabilities | $13,598,151 |
| Net assets without donor restrictions | $12,302,181 |
| 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 | $25,900,332 |