Rockford Health Physicians, operating under the name Mercyhealth Physicians, is located in Rockford, IL. The organization was established in 1994. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Mercyhealth Physicians employed 1,120 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mercyhealth Physicians 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, Mercyhealth Physicians generated $154.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $174.5m during the year ending 06/2021. While expenses have increased by 14.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE AND PROTECT THE HEALTH AND WELFARE OF THE COMMUNITY, WE HAVE 260 PROVIDERS IN 65 SPECIALTIES. OUR PHYSICIANS ALSO PROVIDE STAFF FOR JAVON BEA HOSPITAL PATIENTS' NEEDS. (IE LEVEL I TRAUMA CENTER, BRAIN & SPINE CENTER, LEVEL III REGIONAL PERINATAL CENTER & NEONATAL ICU).
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROCKFORD HEALTH PHYSICIANS (RHPH) IS A MULTI-SPECIALTY PHYSICIAN GROUP OF 260 PHYSICIANS THAT HAS 14 SATELLITE AMBULATORY OFFICES AS WELL AS 2 CONVENIENT CARE LOCATIONS THAT PROVIDE FOR NON-LIFE THREATENING EMERGENCIES AFTER REGULAR OFFICE HOURS. OUR PATIENTS HAVE ACCESS TO BOARD CERTIFIED PRIMARY CARE PHYSICIANS WHO COORDINATE CARE WITHIN OUR PATIENT CENTERED MEDICAL HOME WITH BOARD CERTIFIED SPECIALTY PHYSICIANS. RHPH ALSO OFFERS A COMPREHENSIVE, PATIENT CENTERED, COLLEGE OF SURGEON'S ACCREDITED CANCER TREATMENT CENTER WHICH INCLUDES RADIATION ONCOLOGY, AND IMAGE GUIDED TREATMENTS UTILIZING STATE OF THE ART LINEAR ACCELERATOR TECHNOLOGY. THE WOMEN'S CENTER AT RHPH PROVIDES DIGITAL MAMMOGRAPHY, BREAST ULTRASOUND, STEREOTACTIC BIOPSY, OSTEOPOROSIS TESTING AND UROGYNECOLOGY SERVICES THROUGH OUR FELLOWSHIP TRAINED PHYSICIANS AND NURSE PRACTITIONERS. IN ADDITION, OUR POST ACUTE CARE TEAM PROVIDES SHORT AND LONG TERM CARE TO MORE THAN 125 PATIENTS EACH MONTH IN 2 FACILITIES ACROSS NORTHERN ILLINOIS. INPATIENT SERVICES PROVIDED AT JAVON BEA HOSPITAL INCLUDE A LEVEL I TRAUMA CENTER, ADULT INTENSIVE CARE UNITS, A DESIGNATED CHILDREN'S MEDICAL CENTER, AND A LEVEL III NEONATAL INTENSIVE CARE UNIT, ACROSS TWO HOSPITAL CAMPUSES. PHYSICIANS ARE AVAILABLE ON CALL 24-7. THERE WERE 325,870 OFFICE VISITS IN FY2021.
ANCILLARY MEDICAL SERVICES WERE PERFORMED TO ALLOW PHYSICIANS TO PROVIDE THE PROPER CARE TO ACHIEVE THE BEST OUTCOME FOR EACH PATIENT. THERE WERE 539,893 ANCILLARY TESTS AND PROCEDURES PERFORMED DURING FY2021. RHPH PROVIDED THESE SERVICES IN CLINICAL AREAS SUCH AS LABORATORY AND RADIOLOGY INCLUDING CT SCANS AND MAMMOGRAPHY. OTHER SUPPORT SERVICES INCLUDED CARDIAC TESTING, GENETIC SERVICES, PULMONARY FUNCTION TESTING, BONE SCANS, PAIN MANAGEMENT, AND PHYSICAL THERAPY.
RHPH PARTICIPATES IN A MEDICARE PHYSICIAN QUALITY REPORT INCENTIVE PROGRAM TO MEASURE DATA FOR QUALITY EVALUATION. RHPH IS COMMITTED TO PROVIDING SERVICES FOR MATERNAL AND CHILD CARE THROUGH ILLINOIS HEALTH CONNECT, A MEANS-TESTED PROGRAM THAT HELPS KIDS AND FAMILIES GET HEALTH CARE AND STAY HEALTHY BY CHOOSING A MEDICAL HOME. RHPH PARTNERS WITH NEIGHBORING SCHOOLS TO PROVIDE FREE PHYSICALS AND COMMUNITY ORGANIZATIONS TO PROVIDE FREE SCREENINGS. STAFF AND PHYSICIANS PARTICIPATED IN VARIOUS HEALTH FAIRS AND HOSTED EDUCATIONAL FORUMS IN THE COMMUNITIES TO BRING RESIDENTS AN AWARENESS OF HEALTH/WELLNESS RELATED TOPICS- HEART DISEASE AND PREVENTION, HEALTHY EATING, CHILDREN'S HEALTH CONCERNS, AND AGING ISSUES. RHPH ALSO PARTNERS WITH A LOCAL CHURCH IN THE BRIDGE CLINIC TO SERVE UNINSURED AND/OR HOMELESS PEOPLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vibhav K Bansal Physician | 40 | $1,093,514 | |
Artur Szymczak Physician | 40 | $1,044,878 | |
Muhammad B Janjua Physician | 40 | $1,040,152 | |
Prasad Kilaru Physician | 40 | $871,087 | |
Ai-Xuan Holterman Physician | 40 | $853,581 | |
Javon R Bea President & CEO (see Pages 32-35) | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Hayes Healthcare Healthcare Services | 6/29/21 | $4,196,620 |
Charlottesville Orthopaedic Healthcare Services | 6/29/21 | $728,572 |
Medicus Radiology Services Healthcare Services | 6/29/21 | $698,910 |
Mplt Healthcare Healthcare Services | 6/29/21 | $586,430 |
Virtual Radiologic Prof Of Il Healthcare Services | 6/29/21 | $506,479 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $18,639 |
Government grants | $4,785,256 |
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 | $4,803,895 |
Total Program Service Revenue | $97,556,158 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $112,590 |
Net Gain/Loss on Asset Sales | -$132,640 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $154,086,081 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
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 | $113,288,756 |
Pension plan accruals and contributions | $587,329 |
Other employee benefits | $7,012,512 |
Payroll taxes | $5,279,308 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $213,492 |
Advertising and promotion | $102,389 |
Office expenses | $802,795 |
Information technology | $70,934 |
Royalties | $0 |
Occupancy | $2,502,424 |
Travel | $116,688 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,148,723 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,589,828 |
Insurance | $7,610,254 |
All other expenses | $165,638 |
Total functional expenses | $174,514,160 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $420,936 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,507,245 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $594,111 |
Prepaid expenses and deferred charges | $91,029 |
Net Land, buildings, and equipment | $91,870,760 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $24,160,218 |
Total assets | $129,644,299 |
Accounts payable and accrued expenses | $45,988,033 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $21,294,190 |
Total liabilities | $67,282,223 |
Net assets without donor restrictions | $62,364,076 |
Net assets with donor restrictions | -$2,000 |
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 | $129,644,299 |
Over the last fiscal year, we have identified 1 grants that Rockford Health Physicians has recieved totaling $19,430.
Awarding Organization | Amount |
---|---|
Mayo Clinic Group Return Rochester, MN PURPOSE: SUPPORT CHARITABLE PURPOSE | $19,430 |
Beg. Balance | $2,648,416 |
Earnings | $588,122 |
Admin Expense | $295 |
Net Contributions | $200 |
Other Expense | $39,727 |
Ending Balance | $3,196,715 |
Organization Name | Assets | Revenue |
---|---|---|
Ssm Health Care Corporation St Louis, MO | $4,485,127,106 | $1,033,534,741 |
Parkview Health System Inc Fort Wayne, IN | $2,712,217,032 | $933,221,094 |
Gundersen Lutheran Administrative Services Inc La Crosse, WI | $1,235,621,372 | $953,342,080 |
Bjc Health System St Louis, MO | $5,456,592,622 | $1,155,105,032 |
Mercy Health Services Iowa Corp Mason City, IA | $937,001,767 | $829,323,680 |
Aurora Health Care Inc Milwaukee, WI | $4,608,404,718 | $666,695,867 |
Appalachian Regional Healthcare Inc Lexington, KY | $1,267,201,787 | $817,287,479 |
Inclusa Inc Stevens Point, WI | $163,276,844 | $696,118,730 |
Froedtert & Community Health Inc Milwaukee, WI | $2,857,726,016 | $675,461,810 |
Owensboro Health Regional Hospital Owensboro, KY | $1,685,340,581 | $709,904,993 |
Alexian Brothers Health System St Louis, MO | $397,387,025 | $531,298,685 |
Indiana University Health Arnett Inc Indianapolis, IN | $319,820,511 | $504,048,288 |