The Physician Network

Organization Overview

The Physician Network is located in Lincoln, NE. The organization was established in 1996. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 06/2021, Physician Network employed 882 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Physician Network 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, Physician Network generated $64.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $97.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 6 years. 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 ACCESS TO QUALITY, SERVICE-ORIENTED, COST EFFECTIVE HEALTHCARE TO THE COMMUNITY THROUGH PHYSICIAN SERVICES - CLINICS (FAMILY HEALTH, INTERNALIST, OB, ENT), CARDIOLOGY, EMERGENCY, URGENT, HOSPITALIST, AND NEONATOLOGIST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PHYSICIAN NETWORK WAS FOUNDED TO PROVIDE PHYSICIAN SERVICES FOR THE COMMUNITY. AS A MEMBER OF COMMONSPIRIT HEALTH, WE EMBRACE THE MISSION OF A HEALTHY COMMUNITY AND TO PROVIDE QUALITY CARE FOR THOSE IN NEED.THE PHYSICIAN NETWORK OPERATES, STAFFS, AND MAINTAINS 10 PRIMARY CARE CLINICS AND 32 DIFFERENT SPECIALTIES, WHICH INCLUDES 19 CLINICS, THAT INCREASE THE AVAILABILITY AND ENHANCE THE QUALITY OF MEDICAL SERVICES PROVIDED TO THE LINCOLN, GRAND ISLAND, AND KEARNEY COMMUNITIES. DURING FISCAL YEAR 2021, THESE CLINICS HAD 301,969 PROVIDER ENCOUNTERS.THE ORGANIZATION ALSO PROVIDES AND MAINTAINS THE AVAILABILITY OF QUALIFIED PHYSICIANS AND PHYSICIAN EXTENDERS NECESSARY TO PROVIDE URGENT AND EMERGENCY CARE SERVICES AT HOSPITALS AND EMERGENT CARE FACILITIES.THE 24 HOUR EMERGENCY ROOMS (LOCATED IN LINCOLN, GRAND ISLAND, AND KEARNEY) ARE OPEN 365 DAYS PER YEAR. THEY PARTICIPATE IN MEDICARE AND MEDICAID AND HAVE AN ACTIVE CHARITY CARE PROGRAM.THE PHYSICIAN NETWORK WAS FOUNDED AND GRANTED TAX EXEMPT STATUS IN 1994. THE BOARD OF DIRECTORS IS COMPRISED OF OFFICERS FROM ALEGENT CREIGHTON CLINIC, A RELATED ORGANIZATION.COMMUNITY BENEFIT APPROACHTHE PHYSICIAN NETWORK'S CENTRAL OFFICE AND 8 PRIMARY CARE CLINICS ARE LOCATED IN LINCOLN, NEBRASKA, A CITY WITH A POPULATION OF APPROXIMATELY 265,000. WE SERVE LANCASTER COUNTY, NEBRASKA, AND THE SURROUNDING STATES OF IOWA, KANSAS, AND MISSOURI. WE ALSO PROVIDE PRIMARY AND SPECIALTY SERVICES IN GRAND ISLAND, KEARNEY, COLUMBUS, NORTH PLATTE, AND HASTINGS, NEBRASKA.THE PHYSICIAN NETWORK PARTICIPATES IN GOVERNMENTAL PROGRAMS (SUCH AS MEDICARE AND MEDICAID), AND HAS AN ACTIVE CHARITY CARE PROGRAM.THE PHYSICIAN NETWORK PROVIDES SUPPORT TO PEOPLE'S HEALTH CENTER, WHICH SERVES A COMMUNITY THAT IS COMPOSED OF POOR AND UNEMPLOYED HOUSEHOLDS.THE PHYSICIAN NETWORK PROVIDES PHYSICIANS FOR THE HOSPITALIST, NEONATOLOGY, PEDIATRIC CARDIOLOGY, RADIATION THERAPY, ANESTHESIA, AND PALLIATIVE CARE PROGRAMS AT CHI NEBRASKA AFFILIATED HOSPITALS.QUANTITATIVE DESCRIPTION OF COMMUNITY BENEFIT SUMMARY FISCAL YEAR 2021:THE PHYSICIAN NETWORK ENCOURAGES OUR ASSOCIATES TO LIVING OUT OUR VALUES OF REVERENCE, INTEGRITY, COMPASSION, AND EXCELLENCE. THE ASSOCIATES PARTICIPATE IN COMMUNITY BLOOD DRIVES, "ADOPT" FAMILIES IN NEED FOR THE HOLIDAYS, COLLECT TOILETRIES FOR CITY MISSION, AND SUPPORT COMMUNITY FOOD DRIVES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Amn Healthcare
Healthcare Consulting
$950,105
Dagmawe Md Pa
Medical Services
$773,706
Boulder Cardiology
Cardiology Services
$713,516
Locumtenenscom
Staffing Solutions
$709,325
Lincoln Internal Med Assoc Pc
Medical Services
$790,918
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$164,851
Government grants $1,043,561
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$1,208,412
Total Program Service Revenue$54,223,371
Investment income $19,005
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,940,538
Net Gain/Loss on Asset Sales -$453,369
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $64,680,019

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Physician Network has recieved totaling $159,099.

Awarding OrganizationAmount
Saint Francis Medical Center Foundation

Grand Island, NE

PURPOSE: GENERAL SUPPORT

$152,200
Saint Elizabeth Foundation

Lincoln, NE

PURPOSE: GENERAL SUPPORT

$6,899
View Grant Recipient Profile

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