2024-03-06T07:12:35-06:00 2023-09-30 390859910 BAKER TILLY US LLP 101 WASHINGTON STREET EAST CHARLESTON WV 25301 990 2022-10-01 454395947 THS PHYSICIAN PARTNERS INC THSP 3047663528 4605 MACCORKLE AVENUE SW SOUTH CHARLESTON WV 25309 JASON GIZZI INTERIM CFO 3047663528 2024-03-04 1 JASON GIZZI 999009999 0 DOLORES ROSE P01286262 3043460441 2024-03-04 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GREG ROSENCRANCE 4605 MACCORKLE AVENUE SW SOUTH CHARLESTON WV 25309 36170382 0 X THOMASHOSPITALS.ORG X 2012 WV TO ESTABLISH, SUPPORT, MANAGE, AND FURNISH FACILITIES, PERSONNEL, AND SERVICES TO PROVIDE DIAGNOSTIC, THERAPEUTIC, WELLNESS, HEALTH PROMOTION, AND OTHER PROFESSIONAL MEDICAL SERVICES TO THE SICK AND INJURED RESIDENTS OF THE KANAWHA VALLEY. 4 0 0 0 0 0 778579 0 26293652 35312675 0 0 1125689 857707 28197920 36170382 0 0 0 0 26014778 29130896 0 0 0 8524400 24165986 34539178 53296882 -6341258 -17126500 5078292 11383458 3016339 3421555 2061953 7961903 TO ESTABLISH, SUPPORT, MANAGE, AND FURNISH FACILITIES, PERSONNEL, AND SERVICES TO PROVIDE DIAGNOSTIC, THERAPEUTIC, WELLNESS, HEALTH PROMOTION, AND OTHER PROFESSIONAL MEDICAL SERVICES TO THE SICK AND INJURED RESIDENTS OF THE KANAWHA VALLEY. 0 0 35586360 36170382 THOMAS HEALTH SYSTEM PHYSICIAN PARTNERS, INC. IS A MULTI- SPECIALTY PHYSICIAN GROUP THAT CONSIST OF 50 PHYSICIANS AND 27 MID-LEVEL PROVIDERS. CARE WAS PROVIDED TO OVER 282,669 PATIENTS FOR THE YEAR ENDED SEPTEMBER 30, 2023. 35586360 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 0 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X TIMOTHY SKELDON CFO 3047663523 4605 MACCORKLE AVENUE SW SOUTH CHARLESTON WV 25309 TIMOTHY SKELDON VICE CHAIR/ THS SR. VP FINANCE 1.00 40.00 X X 0 439547 39671 ALBERT WRIGHT PRESIDENT/CEO WVUHS 1.00 40.00 X X 0 2323142 384491 MATTHEW UPTON MD SECRETARY/ SR. VP/CMO THOMAS HEALTH 20.00 20.00 X X 0 455748 39373 DANIEL J LAUFFER DIRECTOR/TMH SERVICES PRESIDENT 1.00 X 0 644460 37928 GREG ROSENCRANCE MD PRESIDENT/CEO AS OF 3/1/23 1.00 40.00 X 0 0 0 MATTHEW STOVER MD PHYSICIAN 40.00 X 1352738 0 31699 PHILLIP DAVID SURFACE MD PHYSICIAN 40.00 X 921124 0 20534 FREDDIE DOMINICK PERSINGER MD PHYSICIAN 40.00 X 1232021 0 21619 BRUCE HAUPT MD PHYSICIAN 40.00 X 1017947 0 31597 NARENDER R JOGENPALLY MD PHYSICIAN 40.00 X 955150 0 37104 BRIAN ULERY FORMER PRESIDENT 1.00 40.00 X 0 494046 14288 MARIA RENDINELL FORMER EXEC DIR-THSPP TERMED 8/2022 20.00 20.00 X 0 247425 12016 5478980 4604368 670320 48 1 1 0 0 HEALTHCARE SERVICES 621110 35312675 35312675 35312675 OTHER REVENUE 900099 459283 459283 HOSPITALISTS 900099 287499 287499 TH PRIMARY-ASHTON 900099 110925 110925 857707 36170382 36170382 0 0 X 26118376 14490475 11627901 730366 405207 325159 1070809 594085 476724 1211345 672054 539291 7093 7093 7895332 7249500 645832 367448 204301 163147 12898 7156 5742 304595 168989 135606 65173 36158 29015 82971 46032 36939 143289 79497 63792 WVU LOSS FUNDING 11553380 8087366 3466014 BAD DEBT EXPENSE 1884553 1884553 MEDICAL SUPPLIES 1426372 1426372 DUES & SUBSCRIPTIONS 258327 143320 115007 164555 91295 73260 53296882 35586360 17710522 0 100 4493197 9357476 438214 1286291 806214 72123 72849 734091 73932 5600 5078292 11383458 3016339 3421555 3016339 3421555 X 2061953 7961903 2061953 7961903 5078292 11383458 X -17126500 23026450 X 0 1 X 0 0 X 806214 72123 734091 734091 X PART X, LINE 2: MANAGEMENT HAS EVALUATED THS PHYSICIAN PARTNERS TAX POSITIONS AND CONCLUDED THAT THE SYSTEM HAD MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X 1 0 0 0 0 0 0 0 0 ALBERT WRIGHT PRESIDENT/CEO WVUHS 0 1480677 0 815255 0 27210 0 356068 0 28423 0 2707633 0 0 MATTHEW STOVER MD PHYSICIAN 489211 0 863527 0 0 0 15250 0 16449 0 1384437 0 0 0 FREDDIE DOMINICK PERSINGER MD PHYSICIAN 489602 0 742419 0 0 0 15250 0 6369 0 1253640 0 0 0 BRUCE HAUPT MD PHYSICIAN 491321 0 526626 0 0 0 15250 0 16347 0 1049544 0 0 0 NARENDER R JOGENPALLY MD PHYSICIAN 645075 0 310075 0 0 0 15250 0 21854 0 992254 0 0 0 PHILLIP DAVID SURFACE MD PHYSICIAN 290758 0 630366 0 0 0 15135 0 5399 0 941658 0 0 0 DANIEL J LAUFFER DIRECTOR/TMH SERVICES PRESIDENT 0 533123 0 111337 0 0 0 15250 0 22678 0 682388 0 0 BRIAN ULERY FORMER PRESIDENT 0 421440 0 72606 0 0 0 8218 0 6070 0 508334 0 0 MATTHEW UPTON MD SECRETARY/ SR. VP/CMO THOMAS HEALTH 0 398067 0 57681 0 0 0 15135 0 24238 0 495121 0 0 TIMOTHY SKELDON VICE CHAIR/ THS SR. VP FINANCE 0 380562 0 58985 0 0 0 15250 0 24421 0 479218 0 0 MARIA RENDINELL FORMER EXEC DIR-THSPP TERMED 8/2022 0 227634 0 19791 0 0 0 7788 0 4228 0 259441 0 0 PART I, LINE 4A DANIEL J LAUFFER, FORMER CEO, RECEIVED A SEVERANCE PAYMENT IN 2022 FOR $682,388 WHICH INCLUDED COMPENSATION AND BENEFITS. FORM 990, PART V, LINE 2A: THOMAS HEALTH SYSTEM IS THE COMMON PAYMASTER FOR THIS RELATED ENTITY AND THEREFORE THE W-2S ARE FILED UNDER THOMAS HEALTH SYSTEM. THIS ORGANIZATION HAS APPROXIMATELY 260 EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE JANUARY 1, 2023, WEST VIRGINIA UNITED HEALTH SYSTEM, INC. BECAME THE SOLE MEMBER OF THOMAS HEALTH SYSTEM, INC., THE SOLE MEMBER OF THE FILING ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THOMAS HEALTH SYSTEM, INC., A NONPROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF WEST VIRGINIA, IS THE SOLE MEMBER OF THS PHYSCIAN PARTNERS, INC. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S BOARD OF DIRECTORS IS ELECTED BY ITS SOLE MEMBER, THOMAS HEALTH SYSTEM, INC. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION'S SOLE MEMBER, THOMAS HEALTH SYSTEM, INC., RESERVES ALL CORPORATE POWERS OF THE ORGANIZATION EXCEPT FOR ITEMS SPECIFICALLY LISTED IN THE ORGANIZATION'S ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THOMAS HEALTH SYSTEM, INC. (THE SYSTEM) IS THE SOLE MEMBER OF THE ORGANIZATION. THE SYSTEM'S FINANCE COMMITTEE IS RESPONSIBLE FOR FINANCIAL MANAGEMENT OF THE ORGANIZATION. THE 990 IS REVIEWED BY THE ORGANIZATION'S CFO AS PART OF THE FINANCE COMMITTEE. THE 990 IS THEN DISCUSSED WITH THE SYSTEM'S FINANCE COMMITTEE AND A COPY IS PROVIDED TO ALL BOARD MEMBERS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH OUR WRITTEN CONFLICT OF INTEREST POLICY BY ASKING ANNUALLY THAT ALL TRUSTEES, OFFICERS AND EMPLOYEES (MANAGERS) WHO HAVE DECISION MAKING/PURCHASING AUTHORITY TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. DISCLOSURE FORMS ARE SIGNED ANNUALLY THEN LOGGED ONTO A SPREAD SHEET THAT IDENTIFIES ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 FOR THE ORGANIZATION'S VICE PRESIDENT OF PHYSICIAN SERVICES, THE PAY SCALE WAS DETERMINED BY USING INPUT FROM THE CONSULTANTS USED TO SET UP THE ORGANIZATION (HEALTHCARE STRATEGY GROUP) AS WELL AS THE MARKET WATCH SURVEY. FOR ALL OTHER OFFICERS THE ORGANIZATION USED A CONSULTING FIRM (HEALTH CARE STRATEGY GROUP) TO HELP DETERMINE PAY RATES. THE PAY STRUCTURE WILL PERIODICALLY BE REVIEWED TO MAKE SURE THE SCALES MATCH LOCAL PAY SCALES VIA CONSULTATION WITH THE THOMAS HEALTH SYSTEM HUMAN RESOURCES DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 THS PHYSICIAN PARTNERS, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON INDIVIDUAL REQUEST. THESE DOCUMENTS ARE HOUSED AT THE MAIN FACILITY AND CAN BE PROVIDED VIA COPY UPON REQUEST. THE DOCUMENTS ALSO CAN BE REVIEWED ON SITE AT THE FACILITY UPON ADVANCE NOTICE. FORM 990, PART IX, LINE 11G MEDICAL SERVICES: PROGRAM SERVICE EXPENSES 6,867,879. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,867,879. OTHER PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 381,621. MANAGEMENT AND GENERAL EXPENSES 306,233. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 687,854. ADMIN SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 339,599. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 339,599. FORM 990, PART XI, LINE 9: EQUITY TRANSFER 22,886,803. GAIN ON ASSET REVALUATION 139,647. THOMAS HEALTH SYSTEM INC 4605 MACCORKLE AVENUE SW SOUTH CHARLESTON WV 25309 260440674 CORPORATE OFFICE WV 501(C)(3) LINE 3 WEST VIRGINIA UNITED HEALTH SYSTEM INC 0 ST FRANCIS HOSPITAL 333 LAIDLEY ST CHARLESTON WV 25301 611272692 HOSPITAL WV 501(C)(3) LINE 3 THOMAS HEALTH SYSTEM INC 0 HERBERT J THOMAS MEMORIAL HOSPITAL ASSOCIATION INC 4605 MACCORKLE AVENUE SW SOUTH CHARLESTON WV 25309 550404900 HOSPITAL WV 501(C)(3) LINE 3 THOMAS HEALTH SYSTEM INC 0 GRANT MEMORIAL HOSPITAL INC 117 HOSPITAL DRIVE PETERSBURG WV 26847 881740605 HOSPITAL WV 501(C)(3) LINE 3 WEST VIRGINIA UNITED HEALTH SYSTEM INC 0 PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC PO BOX 1369 PETERSBURG WV 268479566 550483245 HOSPITAL WV 501(C)(3) LINE 3 WEST VIRGINIA UNITED HEALTH SYSTEM INC 0 PRINCETON COMMUNITY HOSPITAL FOUNDATION INC PO BOX 1369 PRINCETON WV 24740 550694209 HOSPITAL SUPPORT WV 501(C)(3) LINE 12A, I PRINCETON COMMUNITY HOSPITAL ASSOCIATION INC 0 WEST VIRGINIA UNITED HEALTH SYSTEM INC PO BOX 8034 MORGANTOWN WV 26506 550754713 HEALTHCARE ACCESS WV 501(C)(3) LINE 12A, I N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1