Orlando Health Medical Group Inc
- Assets
- $107.1m
- Revenue
- $364.8m
- Investments
- $0.0
- Employees
- 4,273
- Location
- Orlando, FL
- Founding
- 02/1997
- Data as of
- 09/2020
- EIN
- 59-3259553
Organization Overview
Orlando Health Medical Group Inc is located in Orlando, FL. The organization was established in 1997. 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 09/2021, Orlando Health Medical Group Inc employed 4,273 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orlando Health Medical Group Inc 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 09/2020, Orlando Health Medical Group Inc generated $364.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $571.6m during the year ending 09/2020. While expenses have increased by 13.6% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
OUTPATIENT AND PHYSICIAN SUPPORT SERVICES. PROVISION OF SPECIALTY PHYSICIAN SERVICES, OUTPATIENT PHYSICIAN BILLING SERVICES PROVIDED ON BEHALF OF EXEMPT AFFILIATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORLANDO HEALTH MEDICAL GROUP, INC. SERVES AS AN INTEGRAL COMPONENT OF ORLANDO HEALTH, INC.'S INTEGRATED DELIVERY SYSTEM THROUGH THE PROVISION OF HEALTH CARE SERVICES TO THE COMMUNITY, BY INCLUDING OCCUPATIONAL HEALTH SERVICES, REHABILITATION HEALTH SERVICES, AND BEHAVIORAL HEALTH SERVICES. TO MEET THE NEEDS OF ITS COMMUNITY, ORLANDO HEALTH MEDICAL GROUP, INC. HAS 737 FULLY INTEGRATED EMPLOYED PHYSICIANS THAT REPRESENT MORE THAN 30 SPECIALTIES LOCATED THROUGHOUT ORLANDO AND CENTRAL FLORIDA, IN ADDITION TO PROVIDING VALUABLE MEDICAL EDUCATION TRAINING TO ORLANDO HEALTH, INC.'S MEDICAL RESIDENCY PROGRAMS. THIS MULTI-SPECIALTY ORGANIZATION IS DESIGNED TO FACILITATE A CLINICALLY INTEGRATED DELIVERY OF CARE BASED ON BEST PRACTICES AND EVIDENCE-BASED MEDICINE, ENSURING THE BEST CARE AVAILABLE FOR OUR PATIENTS. ORLANDO HEALTH'S PHYSICIAN STRATEGY IS DESIGNED TO CHANGE THE WAY CARE IS DELIVERED TO OUR PATIENTS. IN A NEW ERA OF HEALTHCARE REFORM, HEALTH SYSTEMS ARE QUICKLY RECOGNIZING THE NEED TO IMPROVE PERFORMANCE BY ENHANCING EFFICIENCY, ACCESS, QUALITY AND COST METRICS. CONSOLIDATING ALL EMPLOYED PHYSICIANS UNDER A SINGLE ENTITY AND TIN CREATES MANY EFFICIENCIES FOR THE ORGANIZATION AS IT RELATES TO THE BILLING AND COLLECTIONS PROCESS; STANDARDIZATION OF OPERATIONAL AND CLINICAL PROTOCOLS AND PROCESSES; IMPROVED REPORTING STRUCTURE; AND THE OVERALL COORDINATION OF PATIENT CARE AMONGST ALL OF OUR PHYSICIANS AND SPECIALISTS. THIS ENABLES AN ORGANIZATIONAL MECHANISM FOR DEVELOPING CLINICAL QUALITY STANDARDS, EMPLOYING AND MANAGING PHYSICIANS WHO PRACTICE WITHIN THOSE STANDARDS, AND CREATING PERFORMANCE IMPROVEMENT PROTOCOLS THAT DRIVE EFFICIENCY, QUALITY AND OVERALL VALUE TO PATIENTS WITHIN OUR COMMUNITY. ANNUAL VISITS: 38,116 BEHAVIORAL, 12,680 REHAB, AND 2,488,313 PHYSICIANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arnold Einhorn MD Cardiologist | 55 | $1,801,494 | |
Mark W Munro MD Orthopedic Surgeon | 55 | $1,663,855 | |
Richard David Klein MD Plastic & Reconstr. Surgeeon | 55 | $1,540,820 | |
Virgilio Matheus MD Neurosurgeon | 55 | $1,526,832 | |
Kenneth R Lee MD Plastic & Reconstr. Surgeeon | 55 | $1,513,905 | |
Curtis J Pattee Former Director | 0 | $279,326 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gastroenterology Assoc Of Central Healthcare Services | 9/29/21 | $1,456,908 |
Ability Health Svcs And Rehab Lp Rehab Services | 9/29/21 | $696,795 |
Rc Stevens Construction Co Construction Service | 9/29/21 | $1,621,299 |
Gastro Health Group Holdings Healthcare Services | 9/29/21 | $656,058 |
Evergreen Construction Management Construction Service | 9/29/21 | $3,989,377 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,139,836 |
| Investment income | $44,768 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $375 |
| Net Gain/Loss on Asset Sales | $499,161 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $364,756,876 |
| Statement of Expenses | |
|---|---|
| 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. | $465,558 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $419,873,599 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,142,366 |
| Payroll taxes | $18,765,383 |
| Fees for services: Management | $179,941 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,660 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,847,891 |
| Advertising and promotion | $781,590 |
| Office expenses | $2,572,518 |
| Information technology | $4,191,942 |
| Royalties | $0 |
| Occupancy | $26,361,270 |
| Travel | $908,305 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $127,556 |
| Interest | $25,894 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,068,798 |
| Insurance | $13,074,245 |
| All other expenses | $0 |
| Total functional expenses | $571,596,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,054,194 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $65,782 |
| Accounts receivable, net | $26,961,635 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $76,272 |
| Prepaid expenses and deferred charges | $440,418 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,442,697 |
| Total assets | $107,082,552 |
| Accounts payable and accrued expenses | $37,538,666 |
| 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 | $58,455,385 |
| Total liabilities | $95,994,051 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $11,088,501 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Orlando Health Medical Group Inc has recieved totaling $403,609.
| Awarding Organization | Amount |
|---|---|
Orlando Health Foundation Inc Orlando, FL PURPOSE: PROGRAM SERVICES | $259,748 |
Orlando Health Inc Orlando, FL PURPOSE: Program Services | $143,861 |
Endowment Analysis
| Beg. Balance | $5,653,213 |
| Earnings | $1,387,629 |
| Admin Expense | $67,997 |
| Net Contributions | $750,000 |
| Other Expense | $542,337 |
| Ending Balance | $7,180,508 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baycare Health Systems Inc Clearwater, FL | $8,728,312,613 | $1,143,303,420 |
Orlando Health Medical Group Inc Orlando, FL | $107,082,552 | $364,756,876 |
Floyd Healthcare Management Inc Rome, GA | $548,593,704 | $501,302,033 |
Health First Health Plans Inc Rockledge, FL | $176,410,066 | $451,804,198 |
Baptist Health Medical Group Inc Coral Gables, FL | $79,890,511 | $1,053,991,722 |
Baptist Health System Inc Jacksonville, FL | $559,102,542 | $264,640,326 |
Gulf Health Hospitals Inc Mobile, AL | $254,941,753 | $342,124,939 |
Pasco-Pinellas Hillsborough Community Health System Inc Wesley Chapel, FL | $576,155,358 | $369,233,182 |
Health First Shared Services Inc Rockledge, FL | $1,676,572,579 | $271,514,090 |
Northeast Georgia Physicians Group Inc Gainesville, GA | $36,837,609 | $215,954,168 |
Anc Healthcare Inc Winter Park, FL | $120,132,251 | $8,792,601 |
Piedmont Healthcare Inc Atlanta, GA | $1,865,070,040 | $207,681,365 |