2024-05-10T16:09:45-05:00 2023-06-30 990 2022-07-01 760385980 MHS Physicians of Texas % SYSTEM TAX DEPARTMENT MHSP 7133384552 929 Gessner Rd Suite 1900 HOUSTON TX 77024 Alec King EVP & CFO 7133384552 2024-05-15 Alec King 999009999 2 2022 2023-04-26 12:10:37Z JAMES J MCCARTHY MD 929 Gessner Rd STE 1900 HOUSTON TX 77024 41726887 false X WWW.MEMORIALHERMANN.ORG X 1996 TX THE DEVELOPMENT AND MANAGEMENT OF THE CLINICAL AND ADMINISTRATIVE OPERATIONS FOR AMBULATORY AND PRIMARY HEALTHCARE PHYSICIAN CLINICS OF MEMORIAL HERMANN HEALTH SYSTEM. 5 0 157 0 0 0 550270 517415 47937292 41152885 4045 56587 0 0 48491607 41726887 0 0 0 0 21634836 26078529 0 0 0 43461170 41710908 65096006 67789437 -16604399 -26062550 10663067 8780216 242277140 266456839 -231614073 -257676623 X MEMORIAL HERMANN HEALTH SYSTEM IS A NONPROFIT, VALUES-DRIVEN, COMMUNITY-OWNED HEALTH SYSTEM DEDICATED TO IMPROVING HEALTH. OUR VISION IS TO CREATE HEALTHIER COMMUNITIES, NOW AND FOR GENERATIONS TO COME. OUR VALUES ARE COMMUNITY, COMPASSION, CREDIBILITY, AND COURAGE. false false 66652620 41152885 MHS PHYSICIANS OF TEXAS IS A NONPROFIT SUBSIDIARY OF MEMORIAL HERMANN HEALTH SYSTEM, WHICH IS A NON-PROFIT, VALUES-DRIVEN, COMMUNITY-OWNED HEALTH SYSTEM DEDICATED TO IMPROVING HEALTH IN THE GREATER HOUSTON AREA. MHS PHYSICIANS OF TEXAS WAS ORGANIZED TO CARRY OUT SEVERAL PURPOSES OF MEMORIAL HERMANN HEALTH SYSTEM, INCLUDING THE CARRYING OUT OF SCIENTIFIC RESEARCH IN MEDICAL SCIENCES AND PUBLIC HEALTH; SUPPORTING MEDICAL EDUCATION THROUGH GRANTS AND SCHOLARSHIPS; IMPROVING AND DEVELOPING CAPABILITIES OF INDIVIDUALS AND INSTITUTIONS STUDYING, TEACHING AND PRACTICING MEDICINE; DELIVERY OF HEALTH CARE TO THE PUBLIC; AND ENGAGING IN THE INSTRUCTION OF THE GENERAL PUBLIC IN THE AREA OF MEDICAL SCIENCE, PUBLIC HEALTH AND HYGIENE. MHS PHYSICIANS OF TEXAS CONSISTS OF HEALTH CARE PROVIDERS, WHICH SPECIALIZE IN AREAS SUCH AS NEUROLOGY, SLEEP MEDICINE, INTERNAL MEDICINE, ANESTHESIOLOGY AND MORE. 66652620 true true false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false true false false false false false false true false false false true 30 0 true 157 true false false false false false false false false false false false false X 5 0 false false false false true true true true true true false true true true true true true true true false X SYSTEM TAX DEPARTMENT 7133384552 929 GESSNER RD STE 1900 HOUSTON TX 77024 X Deborah Gordon Secretary 1.0 40.0 X 0 1617976 252924 James McCarthy MD President 1.0 40.0 X 0 1586711 250785 Geoffrey Zubay Physician - Specialty 40.0 1.0 X 1768183 0 36854 George Al Shamy Physician - Specialty 40.0 1.0 X 1620216 0 27704 Alec King Treasurer 1.0 40.0 X 0 1388329 237433 Saman Javedan Physician - Specialty 40.0 1.0 X 1002973 0 36687 Sebastian Herrera Physician - Specialty 40.0 1.0 X 985253 0 28948 Joseph Martinez Physician 40.0 1.0 X 877319 0 27704 Warren Shea Assistant Secretary 1.0 40.0 X 0 578715 113580 Philip Blum MD Director 40.0 1.0 X 0 636512 36024 Doan Thuy Do MD Director 40.0 1.0 X 0 392091 48804 Susan D Hutchins MD Director 40.0 1.0 X 0 384430 43150 Laura L Whiteley MD Director 40.0 1.0 X 0 291826 30963 Laura Armstrong MD Former Director 0.0 0.0 X 0 249018 44525 Monica Kalra DO Director 40.0 1.0 X 0 185189 33575 6253944 7310797 1249660 41 true true false Current Neurology Solutions 10905 Memorial Hermann Dr PEARLAND TX 77584 Neurology Services 5776497 Houston Neurological Institute 4141 Vista PASADENA TX 77504 contract staffing 4473447 Neurology Consultants of Houston P 6700 West Loop STE 400 BELLAIRE TX 77401 NEUROLOGY SERVICES 2470387 Katy Neurology PLLC 507 Park Grove Dr KATY TX 77450 Neurology Services 1498396 Brazoria Neurological Associates PA 214 Parking Way St LAKE JACKSON TX 77566 Neurology Services 752006 20 517415 517415 MEDICAL SERVICES 621990 41152885 41152885 41152885 56587 56587 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 41726887 41152885 56587 X 0 0 0 0 0 0 23426902 23426902 624819 624819 1065034 1065034 961774 961774 0 15000 15000 55890 55890 0 0 0 18692494 17626567 1065927 0 197946 197946 159606 159606 0 1738419 1738419 34214 34214 0 18832 18832 0 0 440611 440611 295655 295655 MEDICAL SUPPLIES 19859958 19859958 EQUIPMENT RENTAL & MAINT. 84400 84400 TAXES & LICENSES 80508 80508 SPECIAL FUNCTIONS 21660 21660 15715 15715 67789437 66652620 1136817 0 2912 0 4278546 2433844 0 0 2304883 2161715 0 0 0 0 985612 1039988 0 0 927574 1219428 4412609 2487368 2163540 1925241 0 0 0 0 0 0 0 0 0 0 10663067 8780216 7414303 8355360 0 0 0 0 0 0 0 0 0 0 0 0 0 0 234862837 258101479 242277140 266456839 X -231614073 -257676623 0 0 -231614073 -257676623 10663067 8780216 -26062550 X X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 638583 64482 574101 1823972 1166533 657439 1743433 1256353 487080 206621 206621 1925241 0 ADVANCE FROM MEMORIAL HERMANN 257518596 LT ROU LIABILITY - REAL ESTATE 582883 258101479 X Form 990 Schedule D Part X Line 2 FOR FISCAL YEARS ENDING JUNE 30, 2023 AND 2022, MEMORIAL HERMANN PHYSICIANS OF TEXAS MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING CONSOLIDATED BALANCE SHEETS. X X X X X false true false false false false false true false Doan Thuy Do MD Director 0 271391 0 96336 0 24364 0 18300 0 30504 0 440895 0 0 Laura L Whiteley MD Director 0 205059 0 65935 0 20832 0 18781 0 12182 0 322789 0 0 Laura Armstrong MD Former Director 0 227561 0 21240 0 217 0 15352 0 29173 0 293543 0 0 Philip Blum MD Director 0 447628 0 167261 0 21623 0 18300 0 17724 0 672536 0 0 Susan D Hutchins MD Director 0 314731 0 68371 0 1328 0 12895 0 30255 0 427580 0 0 Monica Kalra DO Director 0 162978 0 22211 0 0 0 9454 0 24121 0 218764 0 0 James McCarthy MD President 0 777730 0 784146 0 24835 0 223081 0 27704 0 1837496 0 151198 Deborah Gordon Secretary 0 773062 0 820079 0 24835 0 222672 0 30252 0 1870900 0 188242 Warren Shea Assistant Secretary 0 350824 0 205433 0 22458 0 93241 0 20339 0 692295 0 55845 Alec King Treasurer 0 790362 0 575562 0 22405 0 209771 0 27662 0 1625762 0 0 Geoffrey Zubay Physician - Specialty 1503018 0 242043 0 23122 0 9150 0 27704 0 1805037 0 0 0 George Al Shamy Physician - Specialty 1085211 0 513397 0 21608 0 0 0 27704 0 1647920 0 0 0 Saman Javedan Physician - Specialty 846146 0 154600 0 2227 0 9150 0 27537 0 1039660 0 0 0 Sebastian Herrera Physician - Specialty 663202 0 307875 0 14176 0 18300 0 10648 0 1014201 0 0 0 Joseph Martinez Physician 839977 0 35900 0 1442 0 0 0 27704 0 905023 0 0 0 Form 990 Schedule J Line 4B MEMORIAL HERMANN HEALTH SYSTEM SPONSORS TWO SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS; MEMORIAL HERMANN SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP); EXECUTIVE DEFERRED COMPENSATION PLAN (EDCP). THE FOLLOWING INDIVIDUALS PARTICIPATED IN AND/OR RECEIVED PAYMENTS (NOTED IN PARENTHESIS FOR SERP AND EDCP RESPECTIVELY) FROM MEMORIAL HERMANN HEALTH SYSTEM'S SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN DURING THE TAX YEAR: DEBORAH GORDON ($0/$188,242.21); WARREN SHEA ($0/$55,844.50); James McCarthy MD ($0/$151,198.27). FORM 990 SCHEDULE J PART I LINE 7 MEMORIAL HERMANN HAS TWO INCENTIVE PROGRAMS IN WHICH CERTAIN MANAGEMENT INDIVIDUALS MAY PARTICIPATE, THE MANAGEMENT INCENTIVE BONUS AND LONG TERM INCENTIVE PLAN. THE MANAGEMENT INCENTIVE BONUS IS AN ANNUAL INCENTIVE DESIGNED TO ATTRACT AND RETAIN KEY LEADERS AND ESTABLISH GREATER ACCOUNTABILITY AND ALIGNMENT TO BUSINESS PERFORMANCE. PAYMENT AMOUNT TARGETS ARE BASED UPON A PERCENTAGE OF BASE SALARY, DEVELOPED BY INDEPENDENT THIRD PARTY EXPERTS. MEMORIAL HERMANN'S COMPENSATION COMMITTEE AND GOVERNING BOARD HAS FINAL DISCRETION WHETHER TO AWARD AMOUNTS TO INDIVIDUALS AND TO ADJUST THE PAYMENT AT THEIR SOLE DISCRETION. THE LONG TERM INCENTIVE PLAN IS BASED ON A THREE-YEAR PERFORMANCE PLAN, WHICH REWARDS KEY SENIOR LEADERS BY ALIGNING THEIR COMPENSATION TO STRATEGIC INITIATIVES OF MEMORIAL HERMANN. PERFORMANCE TARGETS ARE BASED UPON A PERCENTAGE OF THE INDIVIDUAL'S BASE SALARY AND ARE DEVELOPED BY INDEPENDENT THIRD PARTY EXPERTS USING MARKET COMPETITIVE DATA WITHIN THE GUIDES OF REASONABLENESS. AT THE END OF A THREE-YEAR PERIOD, MEMORIAL HERMANN'S COMPENSATION COMMITTEE REVIEWS PERFORMANCE AGAINST GOALS TO DETERMINE APPROPRIATE PAYOUT. MEMORIAL HERMANN'S COMPENSATION COMMITTEE AND GOVERNING BOARD HAS FINAL DISCRETION WHETHER TO AWARD AMOUNTS TO INDIVIDUALS AND TO ADJUST THE PAYMENT AT THEIR SOLE DISCRETION. Robert J Lingle II MD Family Memeber of Director 7550 Compensation false Form 990 Part VI Section A Line 6 MHS Physicians of Texas has as its sole member Memorial Hermann Health System. Both entities are IRC Section 501(c)(3) non-profit organizations. Form 990 Part VI Section A Line 7A The member has the authority to annually elect the board members of the organization and to terminate and replace them at its discretion. Form 990 Part VI Section A Line 7B The member has approval authority over the decisions of the board for amendments to the bylaws and articles of incorporation, annual operating and capital budget, the purchase or sale of substantial assets, and the merger or dissolution of the organization. Form 990 Part VI Section B Line 11B THE FORM 990 IS PREPARED AND REVIEWED BY MEMORIAL HERMANN SYSTEM TAX DEPARTMENT. THE SYSTEM TAX DEPARTMENT WORKS WITH OTHER DEPARTMENTS THROUGHOUT THE ORGANIZATION TO OBTAIN THE INFORMATION NEEDED TO COMPLETE THE FORM 990. UPON COMPLETION, THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER, CHIEF ACCOUNTING OFFICER, AND/OR OTHER KEY OFFICERS. A COMPLETE COPY OF THE FORM 990 IS THEN PROVIDED TO EACH MEMBER OF THE GOVERNING BODY PRIOR TO FILING THE FORM 990. Form 990 Part VI Section B Line 12C MHS PHYSICIANS OF TEXAS UTILIZES CONFLICT OF INTEREST SURVEYS AND HAS CODIFIED ITS PROCEDURE IN A POLICY. THE POLICY IS MONITORED BY THE ORGANIZATION'S CORPORATE COMPLIANCE DEPARTMENT THROUGH ANNUAL SURVEYS OF BOARD MEMBERS, CORPORATE OFFICERS, MANAGEMENT LEVEL EMPLOYEES, AND OTHER SELECTED EMPLOYEES, PHYSICIANS AND VENDORS FOR ALL OF ITS ENTITIES AND RELATED AFFILIATES. IN ADDITION TO RESPONDING TO THE SURVEY, EACH RECIPIENT AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE POLICY, HAVE READ AND UNDERSTOOD IT, HAVE AGREED TO COMPLY WITH IT, AND UNDERSTANDS THAT MHS PHYSICIANS OF TEXAS IS A CHARITABLE ORGANIZATION WHO MUST ENGAGE IN PRIMARILY TAX-EXEMPT PURPOSE ACTIVITIES. THE CORPORATE COMPLIANCE DEPARTMENT, CHIEF LEGAL OFFICER, AND THE CORPORATE AUDIT COMMITTEE, CONSISTING OF INDEPENDENT BOARD MEMBERS, RECEIVE A REPORT OF ALL ITEMS DISCLOSED. THE AUDIT COMMITTEE CHAIR REPORTS THE EXISTENCE OF ANY CONFLICTS TO THE CORPORATE BOARD OF DIRECTORS. MHS PHYSICIANS OF TEXAS' CONFLICTS OF INTEREST POLICY REQUIRES THAT BOARD MEMBERS EXCUSE THEMSELVES FROM DISCUSSIONS IN WHICH THEY HAVE A CONFLICT OF INTEREST. THE POLICY ALSO SUBJECTS BOARD MEMBERS TO DISCIPLINARY ACTION IF THEY ARE FOUND TO HAVE VIOLATED THE POLICY. Form 990 Part VI Section B Line 15 THE COMPENSATION COMMITTEE OF THE MEMORIAL HERMANN BOARD OF DIRECTORS RETAINS THE ULTIMATE DISCRETIONARY AUTHORITY OVER ALL ELEMENTS OF EXECUTIVE COMPENSATION. THE COMMITTEE IS COMPRISED OF INDIVIDUALS WHO ARE NOT EMPLOYED BY MEMORIAL HERMANN, AND HAVE NO CONFLICTING INTERESTS. THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S CEO AND DISQUALIFIED PERSONS IS MODELED AFTER THE REQUIREMENTS IN IRC SECTION 4958 TO ESTABLISH THE PRESUMPTION OF REASONABLE COMPENSATION. THE COMPENSATION COMMITTEE REVIEWS AND APPROVES THE TOTAL REMUNERATION FOR THE ORGANIZATION'S DISQUALIFIED PERSONS IN ADVANCE OF BEING PAID. ON AN ANNUAL BASIS, THE COMPENSATION COMMITTEE ENGAGES AN INDEPENDENT THIRD-PARTY EXECUTIVE COMPENSATION CONSULTANT WHO USES COMPARABLE MARKET DATA FROM PUBLISHED SURVEYS AND/OR FORMS 990 OF SIMILAR ORGANIZATIONS TO PERFORM A COMPETITIVE ANALYSIS AND WRITE AN OPINION LETTER REGARDING THE COMPETITIVE POSITION OF MEMORIAL HERMANN'S DISQUALIFIED PERSONS. THE COMPENSATION COMMITTEE REVIEWS THE COMPARABILITY DATA AND OPINION LETTER, AND DOCUMENTS ITS DISCUSSION AND DECISIONS IN MINUTES THAT ARE RETAINED WITH THE ORGANIZATION'S OTHER GOVERNANCE MATERIALS. THE ANALYSIS IS PERFORMED ANNUALLY AND IT INCLUDES THE PRESIDENT AND CEO, ALL EXECUTIVE VICE PRESIDENTS AND SENIOR VICE PRESIDENTS OF THE ORGANIZATION, AS WELL AS FAMILY MEMBERS OF DISQUALIFIED PERSONS WHO ARE EMPLOYED BY MEMORIAL HERMANN. Form 990 Part VI Section C Line 19 THE ARTICLES OF INCORPORATION, CORPORATE BYLAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF MEMORIAL HERMANN HEALTH SYSTEM AND ITS AFFILIATES ARE GENERALLY NOT MADE AVAILABLE TO THE PUBLIC. IF THE INQUIRER PROVIDED A VALID REASON FOR DESIRING A COPY OF THE DOCUMENTS THAT IS RELATED TO THE BUSINESS INTERESTS OF ANY OF THE MEMORIAL HERMANN HEALTH SYSTEM CORPORATE ENTITIES, WE WOULD CONSIDER DOING SO. FORM 990 PART IX LINE 11G DESCRIPTION:MEDICAL CARE SERVICES FEES TOTAL FEES:17608577 FORM 990 PART IX LINE 11G DESCRIPTION:MANAGEMENT SERVICES FEES TOTAL FEES:1065927 FORM 990 PART IX LINE 11G DESCRIPTION:SUPPLY CHAIN MANAGEMENT SERV TOTAL FEES:17990 Memorial Hermann Foundation 929 Gessner Rd Ste 1900 Houston TX 77024 741653640 Fundraising TX 501 (c)(3) 12a I MHHS false Memorial Hermann Health System 929 Gessner Rd Ste 1900 Houston TX 77024 741152597 Healthcare TX 501 (c)(3) 3 NA false Memorial Hermann Medical Group 929 Gessner Rd Ste 1900 Houston TX 77024 204923281 PHYSICIAN SVC TX 501 (c)(3) 10 MHHS false Memorial Hermann Community Benefits Corp 929 Gessner Rd Ste 1900 Houston TX 77024 680511504 COMMUNITY TX 501 (c)(3) 10 MHHS false Memorial Hermann Information Exchange 929 Gessner Rd Ste 1900 Houston TX 77024 020684202 POP HEALTH TX 501 (c)(3) 3 MHHS false Memorial Hermann Accountable Care Org 929 Gessner Rd Ste 1900 Houston TX 77024 800778181 ACO TX 501 (C)(4) N/A MHHS false Memorial Hermann Pharmacy Services LLC 929 Gessner Rd Ste 1900 Houston TX 77024 202184459 PHARMACY TX 501(c)(3) 10 MHHS false Memorial Hermann Hospital Based Physicia 929 Gessner Rd Ste 1900 Houston TX 77024 844504483 PHYSICIAN SVC TX 501(C)(3) 3 MHHS true MHMG Primary Care 929 Gessner Rd Ste 1900 Houston TX 77024 922193904 PHYSICIAN SVC TX 501 (c)(3) 10 MHHS true Memorial Hermann Primary Care Alliance 929 Gessner Rd Ste 1900 Houston TX 77024 920898735 PHYSICIAN SVC TX 501 (c)(3) 10 MHHS true MHUSP Surgery Centers III LLP 15305 Dallas Parkway Suite 1600 LB Addison TX 75001 200707543 AMB SURGERY CTR TX na n/a MH Katy Rehab Hospital LLC 929 Gessner Rd Ste 1900 Houston TX 77024 263896057 REHABILITATION TX na n/a MHUSP Surgery Centers IV LLP 15305 Dallas Pkwy Ste 1600 LB 28 Addison TX 75001 208575266 AMB SURGERY CTR TX na n/a Virtus Memorial WLZ LLC 835 W Sth St Ste 1500 Austin TX 78703 815162347 Investment DE NA N/A Intrepid Private Equity SPV-NMP LP 540 Madison Avenue 25th Floor New York NY 10022 844479929 Investment NY NA N/A MHUSP Surgery Centers VI LLC 14201 Dallas Parkway Dallas TX 75254 882478620 AMB SURGERY CTR TX NA N/A MHUSP Surgery Centers VII LLC 14201 Dallas Parkway Dallas TX 75254 882453369 Amb Surgery Ctr TX NA N/A SP Taum Sauk Mountain LLC 5761 Forest Highlands Drive Fort Worth TX 76132 862777477 Investment TX NA N/A Redbird Vida Co - Invest LP 440 Royal Pam Way Palm Beach FL 33480 842453088 Investment FL NA N/A Community First Development LP 835 W 6th St Ste 1500 Austin TX 78703 872484035 Investment TX NA N/A SL3 Trinity Holdings LLC 100 Cresent Court Suite 850 Dallas TX 75201 883875509 Investment TX NA N/A The Health Professionals Ins Company LTD Barclays House 3rd Floor Grand Cayman CJ INVESTMENTS CJ na Foreign MHMD 929 Gessner Rd Ste 1900 Houston TX 77024 760074819 INTEGRATED PN TX na C Corp Memorial Hermann Health Solutions 929 Gessner Rd Ste 1900 Houston TX 77024 264419989 3RD PARTY ADMIN TX na C corp Memorial Hermann Health Insurance 929 Gessner Rd Ste 1900 Houston TX 77024 760646301 Insurance TX na C Corp Memorial Hermann Health Plan Inc 929 Gessner Rd Ste 1900 Houston TX 77024 462707092 Insurance TX na C Corp Memorial Hermann Health Plan Holdings LL 929 Gessner Rd Ste 1900 Houston TX 77024 812971502 HOLDING COMPANY TX NA C Corp MH Commercial Health Plan Inc 929 Gessner Rd Ste 1900 Houston TX 77024 206680981 Insurnace TX na C Corp Memorial Hermann Ventures LLC 929 Gessner Rd Ste 1900 Houston TX 77024 825207571 HOLDING COMPANY TX na C Corp Memorial Hermann Urgent Care PLLC 929 Gessner Rd Ste 1900 Houston TX 77024 804485662 Urgent Care CTR TX NA C Corp MH Holdco LLC 929 Gessner Rd Ste 1900 Houston TX 77024 922484766 Holding Company TX na C Corp false false true false false false false false false false false false false false false true true false false Memorial Hermann Health System P 37523534 GAAP Memorial Hermann Health System Q 54874018 GAAP Memorial Hermann Pharmacy Services LLC P 6510715 GAAP Memorial Hermann Pharmacy Services LLC Q 5356045 GAAP Memorial Hermann Medical Group P 1549441 GAAP Memorial Hermann Medical Group Q 2697288 GAAP Memorial Hermann Community Benefit Corp P 697857 GAAP Memorial Hermann Community Benefit Corp Q 6627164 GAAP Memorial Hermann Community Benefit Corp C 517415 GAAP