2024-08-14T12:17:52-05:00 2023-09-30 PwC US Tax LLP 400 BELLEMEADE STREET SUITE 402 GREENSBORO NC 27401 990 2022-10-01 562095382 ARMC Physicians Care Inc % ANDREW BARROW ARMC 3368327000 1200 NORTH ELM STREET GREENSBORO NC 27401 Andrew Barrow CFO 3368327000 2024-07-01 true CAROLINE C GRIFFIN P00960141 3366652700 2024-06-20 2022 2024-08-08 14:25:15Z MARTIN PORTILLO MD 1200 NORTH ELM STREET GREENSBORO NC 27401 16371991 false X WWW.CONEHEALTH.COM X 1998 NC OPERATION OF PHYSICIAN PRACTICES 3 0 170 0 30099 0 14184283 16362710 0 0 26152 9281 14240534 16371991 0 0 0 0 10840234 11976924 0 0 0 7663846 8648075 18504080 20624999 -4263546 -4253008 2172129 2545583 59369220 63995682 -57197091 -61450099 WE SERVE OUR COMMUNITIES BY PREVENTING ILLNESS, RESTORING HEALTH AND PROVIDING COMFORT THROUGH EXCEPTIONAL PEOPLE DELIVERING EXCEPTIONAL CARE. ARMC PHYSICIANS CARE DOES SO BY PROVIDING ACCESS TO PRIMARY AND SPECIALTY CARE IN ALAMANCE COUNTY, NC. false false 18562498 16371991 PROVISION OF PHYSICIAN SERVICES FOR THE BENEFIT OF THE COMMUNITY. ALAMANCE PHYSICIANS PROVIDED 87,703 OFFICE, HOSPITAL, AND TELEHEALTH VISITS THIS YEAR. OF THE TOTAL GROSS CHARGES BOOKED FOR THE YEAR, 51.66% WERE FOR MEDICARE OR MEDICAID PATIENTS. FOR THE YEAR ALAMANCE PHYSICIANS PROVIDED $514,990 OF CHARITY CARE TO THE COMMUNITY. 18562498 true false false false false false false false false false true false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true true true false false true 0 0 170 true false false false false false false false false false false false false X 3 0 false false false false false false false true true false false true true true true true true true true false NC X ANDREW BARROW 3368327000 1200 NORTH ELM STREET GREENSBORO NC 27401 Cagle MD Mary Jo Director 0.0 40.0 X 0 1671452 61497 Priest MD Marlon Director 0.0 40.0 X 0 964587 96362 Portillo MD Martin President 0.0 40.0 X 0 843929 40458 Barrow Andrew Director, Treasurer and Secret 0.0 40.0 X 0 787781 62788 Anderson Steven Vice President 0.0 40.0 X 0 374816 58292 Sowles MD Krichna Physician 40.0 0.0 X 361470 0 39545 Cleveland Beverly Chief Financial Officer 0.0 40.0 X 0 357149 36436 Johnson MD Megan Physician 40.0 0.0 X 356657 0 29162 Cherry MD Anika Physician 40.0 0.0 X 344974 0 23300 Evans MD David Physician 40.0 0.0 X 302871 0 62724 Brown Christopher Vice President 0.0 40.0 X 0 325239 34201 Berglund MD Laura Physician 40.0 0.0 X 305847 0 35437 Jones Jeffrey Director, Treasurer & Asst Sec 0.0 40.0 X 0 128831 2165 1671819 5453784 582367 18 true true false 0 0 PATIENT REVENUE 621111 16283683 16283683 SERVICES TO PATIENTS 621111 345 345 SERVICES TO GOVERNMENT AGENCIES 621111 50683 50683 SERVICES TO AFFILIATE ORGANIZATIONS 621111 27999 27999 16362710 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ALL OTHER SERVICES 621111 9281 9281 9281 16371991 16371991 0 0 0 0 0 0 9328044 8395240 932804 325348 292813 32535 1717938 1546144 171794 605594 545034 60560 3810 3429 381 0 11711 10540 1171 0 0 0 278241 250417 27824 18797 16917 1880 127752 114977 12775 233 210 23 0 393856 354470 39386 31398 28258 3140 0 0 0 3067497 2760747 306750 150368 135331 15037 63759 57383 6376 MEDICAL SUPPLIES & SERVICES 4221696 3799526 422170 UTILITIES AND REPAIRS 155881 140293 15588 RECRUITMENT-RETENTION & EDU 106892 96203 10689 TAXES AND LICENSURE 4503 4053 450 11681 10513 1168 20624999 18562498 2062501 0 2091 2090 0 0 0 0 255806 864195 0 0 0 0 0 0 0 0 -156839 -156839 3180657 2190974 890684 989683 0 0 0 0 0 0 0 0 1180387 846454 2172129 2545583 3115948 3500517 0 0 0 0 0 0 0 0 0 0 0 0 0 0 56253272 60495165 59369220 63995682 X -57197091 -61450099 0 0 -57197091 -61450099 2172129 2545583 -4253008 X false true X true false X 906125 440033 466092 538454 440594 97860 1663797 1302102 361695 72281 8245 64036 989683 DEFERRED COMPENSATION ASSET 209621 RIGHT TO USE ASSETS 636833 846454 0 DEFERRED COMPENSATION LIABILIT 211348 INTERCOMPANY PAYABLES 59612025 LEASE OBLIGATION 662744 PAYROLL CORRECTIONS 9048 60495165 X FIN 48 (ASC 740) FOOTNOTE FORM 990, SCHEDULE D, PART X, LINE 2 AS OF SEPTEMBER 30, 2023 AND 2022, THE HEALTH SYSTEM HAD NO UNCERTAIN TAX POSITIONS UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES, REQUIRING ADJUSTMENTS TO ITS CONSOLIDATED FINANCIAL STATEMENTS. THE HEALTH SYSTEM DOES NOT EXPECT THAT UNRECOGNIZED TAX BENEFITS WILL MATERIALLY INCREASE WITHIN THE NEXT 12 MONTHS. X X X X X false false false false false false true false false Anderson Steven Vice President 0 230080 0 104508 0 40228 0 49322 0 8970 0 433108 0 0 Barrow Andrew Director, Treasurer and Secret 0 581368 0 142930 0 63483 0 47512 0 15276 0 850569 0 0 Cagle MD Mary Jo Director 0 1093417 0 412527 0 165508 0 57515 0 3982 0 1732949 0 0 Cherry MD Anika Physician 282584 0 60914 0 1476 0 20500 0 2800 0 368274 0 0 0 Evans MD David Physician 246687 0 50886 0 5298 0 50272 0 12452 0 365595 0 0 0 Johnson MD Megan Physician 280485 0 74028 0 2144 0 20878 0 8284 0 385819 0 0 0 Jones Jeffrey Director, Treasurer & Asst Sec 0 0 0 49305 0 79526 0 1187 0 978 0 130996 0 0 Portillo MD Martin President 0 576793 0 192196 0 74940 0 37015 0 3443 0 884387 0 0 Priest MD Marlon Director 0 711496 0 110922 0 142169 0 90275 0 6087 0 1060949 0 0 Sowles MD Krichna Physician 232417 0 120904 0 8149 0 33727 0 5818 0 401015 0 0 0 Berglund MD Laura Physician 247485 0 54114 0 4248 0 29772 0 5665 0 341284 0 0 0 Brown Christopher Vice President 0 245621 0 61455 0 18163 0 21094 0 13107 0 359440 0 0 Cleveland Beverly Chief Financial Officer 0 268326 0 60858 0 27965 0 33421 0 3015 0 393585 0 0 EARNINGS CONTINGENT COMPENSATION PART I, LINE 6 OFFICERS ARE PAID BY MOSES H. CONE MEMORIAL HOSPITAL OPERATING CORPORATION, INC. AND PARTICIPATE IN THE MANAGEMENT INCENTIVE COMPENSATION PROGRAM. UNDER THIS PROGRAM, A PORTION OF THE SALARY OF THOSE AT A LEVEL OF DEPARTMENT DIRECTOR AND HIGHER IS SET ASIDE AND IS CONTINGENT UPON THE HEALTH SYSTEM'S PERFORMANCE ON SEVERAL MEASURES, INCLUDING NET EARNINGS. NOTE: IF THESE MEASURES ARE NOT MET, THEIR COMPENSATION WILL BE BELOW THE MARKET LEVEL FOR THEIR JOB. Compensation Review Process FORM 990, PART VI, SECTION B, LINE 15 THE FOLLOWING METHODS ARE USED TO ESTABLISH COMPENSATION OF OFFICERS: COMPENSATION COMMITTEE; INDEPENDENT COMPENSATION CONSULTANT; WRITTEN EMPLOYMENT CONTRACT; COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. Governing Documents FORM 990, PART VI, SECTION C, LINE 19 These documents are proprietary and are not made available to the public. FORM 990 REVIEW PROCESS Form 990, Part VI, Section B, Line 11B An electronic version of the return will be made available on the Board portal to all Board members in advance of the filing date. Representatives of the finance staff from the Health System will be available to respond to any questions or address any issues. Conflict of Interest Policy Form 990, Part VI, Section B, Line 12C Before every board meeting or committee meeting, the Chair will ask every member to review the agenda and to disclose any area where they may have conflict so that the disclosure is complete prior to discussion. Moses Cone Affiliated Physicians Inc 1200 North Elm Street Greensboro NC 27401 300554775 Physicians NC 501(c)(3) 3 MC Parent true Alamance Regional Medical Center Inc 1200 North Elm Street Greensboro NC 27401 560529994 Operations NC 501(c)(3) 3 ARMC HC true The Moses H Cone Memorial Hospital Inc 1200 North Elm Street Greensboro NC 27401 560532302 Parent NC 501(c)(3) 12.B NA false Alamance Regional Medical Center Foundat 1200 North Elm Street Greensboro NC 27401 561681560 Funding NC 501(c)(3) 12.B ARMC HC true Moses Cone Medical Services Inc 1200 North Elm Street Greensboro NC 27401 561714318 Physicians NC 501(c)(3) 3 MC Parent true Moses H Cone Memorial Hospital Oper Corp 1200 North Elm Street Greensboro NC 27401 581588823 Operations NC 501(c)(3) 3 MC Parent true ARMC Health Care 1200 North Elm Street Greensboro NC 27401 581681363 Operations NC 501(c)(3) 3 MC Parent true Reidsville OB & GYN 1200 North Elm Street Greensboro NC 27401 800217430 Physicians NC 501(c)(3) 3 MC Affil Phy true Moses Cone Physician Services Inc 1200 North Elm Street Greensboro NC 27401 800249057 Physicians NC 501(c)(3) 3 MC Parent true Cone Health Connected Care LLC 1200 N Elm St Greensboro NC 27401 814880456 For Profit HC NC WLCHS N/A false true NSC Greensboro West LLC 3000 Riverchase Galleria Birmingham AL 35244 472847536 Physicians AL MC Med Svcs N/A false false Cone Health Ventures LLC 1200 N Elm St Greensboro NC 27401 920712783 Innovation NC WLCHS N/A false true HTA Holdings LLC 1200 N Elm St Greensboro NC 27401 920615196 Holding Company NC WLCHS N/A false true Wesley Long Community Health Services 1200 North Elm Street Greensboro NC 27401 561441377 Medical Servi NC MC Parent C true Insurance Casualty and Risk Enterprise PO BOX 1159 GRAND CAYMAN CJ KY1-1102 981491204 Self Insuranc CJ MC Parent C 1.00000 true Fuse Oncology Inc 4214 West Wendover Ave 1340 Greensboro NC 27407 872388940 Software NC MC Parent C true false false false false false false false false false true false false false false true false false false Moses H Cone Memorial Hospital Operating P 1403021 Accrual MOSES CONE PHYSICIAN SERVICES INC P 839931 Accrual Alamance Regional Medical Center Inc K 708419 Accrual Moses H Cone Memorial Hospital Operating K 116126 Accrual