Cook Childrens Physician Network is located in Fort Worth, TX. The organization was established in 1996. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Cook Childrens Physician Network employed 2,106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cook Childrens 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 09/2022, Cook Childrens Physician Network generated $425.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $432.1m during the year ending 09/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
KNOWING THAT EVERY CHILD'S LIFE IS SACRED OUR PROMISE IS TO IMPROVE THE HEALTH OF EVERY CHILD IN OUR REGION THROUGH THE PREVENTION AND TREATMENT OF ILLNESS, DISEASE AND INJURY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COOK CHILDREN'S PHYSICIAN NETWORK IS THE LARGEST PEDIATRIC MULTI-SPECIALTY PHYSICIAN GROUP IN NORTH TEXAS AND HAS GROWN TO INCLUDE APPROXIMATELY 79 PRACTICE LOCATIONS. CCPN EMPLOYS APPROXIMATELY 550 PHYSICIANS AND SURGEONS, INCLUDING 385 PEDIATRIC SPECIALISTS AND 165 PRIMARY CARE PEDIATRICIANS. THE NETWORK ALSO EMPLOYS 370 ADVANCED PRACTICE PROVIDERS SUCH AS NURSE PRACTITIONERS, PHYSICIAN ASSISTANTS AND CERTIFIED REGISTERED NURSE ANESTHETISTS. THESE PROFESSIONALS ARE AN INTEGRAL PART OF THE COOK CHILDREN'S HEALTH CARE SYSTEM (CCHCS) AND HELP SUPPORT THE SYSTEM'S APPROXIMATELY 1.7 MILLION ANNUAL PATIENT ENCOUNTERS. TWENTY-FIVE OF CCPN'S BOARD-CERTIFIED PEDIATRICIANS PROVIDE CARE IN SEVEN NEIGHBORHOOD CENTERS (NHC) LOCATED IN ECONOMICALLY DISADVANTAGED AREAS WITHIN TARRANT COUNTY. THE NEIGHBORHOOD CLINICS' PROFESSIONAL STAFF ALSO INCLUDES TWO DENTISTS AND TWELVE ADVANCED PRACTICE PROVIDERS. NEIGHBORHOOD CLINICS PROVIDE PRIMARY CARE SERVICES AND SERVE AS MEDICAL HOMES PREDOMINANTLY FOR CHILDREN INSURED UNDER GOVERNMENT-FUNDED PROGRAMS SUCH AS THE CHILDREN'S HEALTH INSURANCE PROGRAM (CHIP), MEDICAID AND MEDICAID MANAGED CARE PLANS. COOK CHILDREN'S PHYSICIAN NETWORK IS CURRENTLY IN THE PLANNING AND DEVELOPMENT PHASES TO ADD TWO ADDITIONAL NEIGHBORHOOD CLINICS IN TARRANT COUNTY. IN ADDITION TO NUMEROUS PROVIDER LOCATIONS IN TARRANT, DENTON, HOOD AND COLLIN COUNTIES, CCPN HAS INCREASED ACCESS TO PEDIATRIC SUB-SPECIALTY CARE THROUGH OUTREACH IN WEST TEXAS WHERE SPECIALTY CARE IS LIMITED. EACH MONTH, NUMEROUS CCPN SPECIALTY PHYSICIANS AND SURGEONS TRAVEL TO SEVEN WEST TEXAS MARKETS THAT LACK THE FULL SPECTRUM OF PEDIATRIC SPECIALTY CARE TO SERVE PATIENTS CLOSE TO THEIR HOMES. THE NEED FOR THESE OUTREACH SERVICES IN UNDERSERVED MARKETS IS EXPECTED TO GROW AS THE PHYSICIAN SHORTAGE WORSENS OVER TIME. COLLABORATIVE CARE THE JANE AND JOHN JUSTIN INSTITUTE FOR MIND HEALTH WAS CREATED TO ALLOW MULTIPLE SPECIALTIES CARING FOR PATIENTS WITH NEUROLOGICAL AND BEHAVIORAL HEALTH DISORDERS PRACTICE IN ONE LOCATION. THE SPECIALTIES THAT MAKE UP THE INSTITUTE FOR MIND HEALTH INCLUDE NEUROLOGY, NEUROSURGERY, DEVELOPMENTAL PEDIATRICS, DEVELOPMENTAL PSYCHOLOGY, PSYCHOLOGY, NEUROPSYCHIATRY, PSYCHIATRY, PAIN MEDICINE AND REHABILITATION SERVICES. WHILE SOME PROGRAMS MAY HIRE A PROVIDER FROM ANOTHER DISCIPLINE, IT IS RARE TO HAVE THE ENTIRETY OF DEPARTMENTS WORKING AS A UNIT. BRINGING TOGETHER NINE SPECIALTIES PREVIOUSLY LOCATED ACROSS THE CAMPUS CHANGES THE WAY WE DELIVER CARE BY PROVIDING ACCESSIBLE, COMPREHENSIVE AND WELL-COORDINATED CARE UNDER ONE ROOF. THIS APPROACH WILL INCREASE COLLABORATION AND IMPROVE PATIENT OUTCOMES WITH THE AMOUNT OF COOPERATIVE CARE AMONGST THE MULTIPLE DEPARTMENTS NOW WORKING IN CLOSE PROXIMITY TO EACH OTHER. IT ALSO DRIVES INNOVATION THROUGH RESEARCH TO IMPROVE PATIENT OUTCOMES AND QUALITY OF LIFE. CO-LOCATING THESE SERVICES MAKES THIS A ONE-STOP CLINICAL CENTER OF CARE LEVERAGING CLINICAL EFFICIENCIES AND POTENTIALLY REDUCING REDUNDANCY IN REFERRALS SENT TO THESE DEPARTMENTS. EXPANDING HORIZONS COOK CHILDREN'S DODSON SPECIALTY CLINICS BUILDING WAS EXPANDED TO ACCOMMODATE INCREASED OUTPATIENT SPECIALTY VISIT VOLUMES AS WELL AS EXPAND FUTURE PATIENT ACCESS TO SPECIALTY CARE. THIS ADDITION ADDS 240,000 SQUARE FEET, MAKING WAY FOR SIX NEW SPECIALTY SERVICES TO MAKE THE DODSON SPECIALTY CLINICS BUILDING THEIR NEW HOME. THE EXPANSION, WHICH OPENED IN MARCH 2023, IS DESIGNED TO MAKE VISITS TO ONE OF THE MORE THAN 35 SPECIALTY CLINICS EASIER AND MORE CONVENIENT FOR PATIENTS AND THEIR FAMILIES. THE DODSON EXPANSION PLACES SPECIALTY SERVICES UNDER ONE ROOF, CONNECTING THE DOTS OF CARE, COLLABORATION AND CONVENIENCE FOR PHYSICIANS AND FAMILIES. WHILE ADDING SPACE FOR CLINIC GROWTH, THE EXPANSION ALSO INCLUDES THE ADDITION OF A PEAKS TECH ZONE, A SIBLING CENTER, A CAFE, A PHARMACY, AND OTHER RETAIL SPACE FOR RESOURCES THAT SUPPORT THE PATIENT EXPERIENCE DURING THEIR VISIT WITH MULTIPLE PHYSICIANS AND ANCILLARY SERVICES. IN FY23, CCPN DEVELOPED A LARGER PRESENCE IN PLANO, FRISCO, MCKINNEY, ALLEN, AUBREY AND PROSPER, TEXAS, WHICH CURRENTLY INCLUDES 18 PRIMARY CARE LOCATIONS AND 40 GENERAL PEDIATRICIANS. IN ADDITION, CCPN HAS APPROXIMATELY 40 PEDIATRIC SUBSPECIALISTS WORKING IN THE PROSPER MEDICAL OFFICE BUILDING AND AT COOK CHILDREN'S MEDICAL CENTER - PROSPER. PHYSICIAN WELLNESS PHYSICIAN BURNOUT REMAINS A GROWING PROBLEM. COVID-19 EXACERBATED THE PROBLEM BY PUTTING A SIGNIFICANT STRAIN ON PHYSICIAN PRACTICES AND MEDICAL PROVIDERS EVERYWHERE. SINCE THE PANDEMIC, HEALTH CARE'S TYPICAL SEASONALITY WHERE MONTHS OF HIGH DEMAND ARE FOLLOWED BY LULLS IS A THING OF THE PAST. THIS UNREMITTING TOIL WEARS ON PROVIDERS AND FURTHER WORSENS THE BURNOUT OF PHYSICIANS WITH POOR WORK/LIFE INTEGRATION. IN 2022, CCPN ESTABLISHED AN OFFICE OF PHYSICIAN WELL-BEING, STAFFED BY A GENERAL PEDIATRICIAN AND A PEDIATRIC SPECIALIST. THEIR ROLE IS TO FOSTER THE WELL-BEING OF PHYSICIANS, THROUGH SYSTEM-LEVEL INTERVENTIONS, ADDRESSING ACTIVITIES THAT CONTRIBUTE TO BURNOUT. IN 2023, COOK CHILDREN'S WAS AWARDED THE BRONZE LEVEL OF RECOGNITION FROM THE AMERICAN MEDICAL ASSOCIATION JOY IN MEDICINE HEALTH SYSTEM RECOGNITION PROGRAM BASED UPON THESE EFFORTS. WE CONTINUE TO STRIVE TOWARD HELPING OUR PHYSICIANS REMAIN CONNECTED TO THE JOY AND MEANING IN THEIR WORK. TOP DOCS EACH YEAR, D MAGAZINE AND FORT WORTH TOP DOCTORS HIGHLIGHT THE REGION'S BEST PHYSICIANS AS CHOSEN BY THEIR PEERS. VOTES ARE TALLIED AND SORTED BY THE EDITORIAL STAFF, AND THE REMAINING VOTES ARE VETTED BY AN ANONYMOUS PANEL OF ESTEEMED DOCTORS. SIXTEEN COOK CHILDREN'S DOCTORS WERE NAMED TO D MAGAZINE'S LIST AND 30 WERE VOTED FORT WORTH TOP DOCTORS FOR THE 2023 BEST DOCTORS AND PEDIATRIC SPECIALISTS. IN 2023, PAUL THORNTON, M.D., MEDICAL DIRECTOR OF DIABETES AND ENDOCRINOLOGY AND WORLD-RENOWNED EXPERT ON HYPERINSULINISM, WAS AWARDED THE 2023 GLOBAL IMPACT AWARD. THE CITY OF FORT WORTH AND FORT WORTH SISTER CITIES INTERNATIONAL BESTOWED THE AWARD FOR DR. THORNTON'S LIFELONG WORK IN HYPERINSULINISM, A POTENTIALLY DEVASTATING, RARE GENETIC DISEASE. THE AWARD WAS PRESENTED AT THE MAYOR'S INTERNATIONAL DINNER BY FORT WORTH MAYOR MATTIE PARKER ON NOV. 1. THIS AWARD RECOGNIZES DR. THORNTON'S TENACITY AND DEDICATION TO HELPING IMPROVE THE QUALITY OF LIFE FOR CHILDREN ACROSS THE GLOBE WITH THIS RARE DISEASE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Trustee - Chair End: 05/23 | OfficerTrustee | 42 | $377,964 |
Name Not Listed Trustee - Vc/special Care | OfficerTrustee | 42 | $480,665 |
Name Not Listed Trustee - Treasurer | OfficerTrustee | 42 | $357,440 |
Name Not Listed Trustee - Chair | OfficerTrustee | 42 | $632,640 |
Name Not Listed Trustee - Vc/primary Care | OfficerTrustee | 42 | $339,768 |
Name Not Listed Trustee - Secretary | OfficerTrustee | 42 | $363,110 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Hill & Wilkerson Construction Group Ltd Construction Services | 9/29/23 | $1,758,722 |
Skiles Group Llc Construction Services | 9/29/23 | $1,571,429 |
Vaughn Construction Construction Services | 9/29/23 | $1,390,049 |
Royer & Schutts Inc Construction Services | 9/29/23 | $559,890 |
Michael Walker Construction Construction Services | 9/29/23 | $193,228 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $83,786,303 |
Government grants | $1,133,500 |
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 | $84,919,803 |
Total Program Service Revenue | $340,653,322 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $46,327 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $425,619,452 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $11,667,284 |
Compensation of current officers, directors, key employees. | $3,761,405 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $282,457,133 |
Pension plan accruals and contributions | $12,746,480 |
Other employee benefits | $19,891,388 |
Payroll taxes | $14,389,554 |
Fees for services: Management | $21,353,688 |
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 | $3,550,456 |
Advertising and promotion | $38,666 |
Office expenses | $786,321 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,713,192 |
Travel | $444,053 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $119,961 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,701,572 |
Insurance | $2,673,582 |
All other expenses | $1,259,757 |
Total functional expenses | $432,113,954 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,659 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $14,968,917 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $2,863,199 |
Prepaid expenses and deferred charges | $80,840 |
Net Land, buildings, and equipment | $10,615,880 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,248,000 |
Other assets | $41,646,487 |
Total assets | $71,436,982 |
Accounts payable and accrued expenses | $15,629,362 |
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 | $81,275,751 |
Total liabilities | $96,905,113 |
Net assets without donor restrictions | -$25,468,131 |
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 | $71,436,982 |