2024-11-14T10:18:57+00:00 2023-12-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-01-01 621162462 UT Medical Group Inc UTME 9018668015 1407 Union Avenue 700 Memphis TN 38104 Mike Jackson CFO 2024-11-14 true true Amy Bibby P00445891 8282542254 2024-11-14 2023 2024-10-15 13:58:12Z Shannon Tacker 1407 Union Avenue 700 Memphis TN 38104 80832279 false X www.universityclinicalhealth.com X 1983 TN To be a successful physician led, professionally managed medical practice that benefits our patients and our community, while supporting the UT Health Science Center's mission through clinical excellence, financial responsibility and a culture of care at every touch point. 9 0 617 20 0 0 0 0 68355060 64405932 1391710 88329 15808394 16338018 85555164 80832279 673431 287078 0 0 57207711 56480604 0 0 0 29799708 27086059 87680850 83853741 -2125686 -3021462 47663795 44059544 25205687 24620825 22458108 19438719 To be a successful physician led, professionally managed medical practice that benefits our patients and our community, while supporting the UT Health Science Center's mission through clinical excellence, financial responsibility and a culture of care at every touch point. false false 68942906 287078 64405932 THE MEDICAL SERVICES PROVIDED BY THE GROUP ARE AVAILABLE TO THE COMMUNITY AS A WHOLE WITHOUT REGARD TO ABILITY TO PAY. MEDICARE, MEDICAID, AND TENNCARE PATIENTS ARE ACCEPTED. THE GROUP HAS AN AGREEMENT WITH REGIONAL ONE, THE PUBLIC SAFETY NET HOSPITAL OF SHELBY COUNTY, TENNESSEE, THAT PROVIDES FOR THE DELIVERY OF PROFESSIONAL SERVICES TO INDIGENT PATIENTS, BOTH INPATIENT AND OUTPATIENT. IN ADDITION TO PATIENTS FROM SHELBY COUNTY, THE FACULTY PHYSICIANS AND OTHER PROFESSIONAL EMPLOYEES OF THE GROUP PROVIDE HEALTH CARE SERVICES TO OUT-OF-STATE RESIDENTS AND RESIDENTS OF FOREIGN COUNTRIES WHO HAVE LIMITED INCOMES. DURING THE PERIOD, APPROXIMATELY 33 PERCENT OF THE GROUP'S SERVICES WERE PROVIDED TO PATIENTS WITH TENNCARE, MEDICAID, OR NO INSURANCE COVERAGE. ANOTHER 26 PERCENT WERE PROVIDED TO MEDICARE PATIENTS. THE PROFESSIONAL EMPLOYEES OF THE GROUP ARE DEDICATED TO THE MEDICAL TRAINING AND EDUCATION OF HEALTH PROFESSIONALS IN CONJUNCTION WITH THE UTHSC COLLEGE OF MEDICINE. ALTHOUGH EDUCATIONAL ACTIVITIES ARE FUNDED PRIMARILY THROUGH THE UTHSC COLLEGE OF MEDICINE, THE GROUP MAKES SIGNIFICANT CONTRIBUTIONS TO THIS EFFORT WITH BOTH PERSONNEL AND FINANCIAL RESOURCES. DURING THE YEAR, FACULTY PHYSICIANS WERE INVOLVED IN THE EDUCATION OF PRIMARILY THE 3RD AND 4TH YEAR MEDICAL STUDENTS (300 OF THE 600 MEDICAL STUDENTS). ALSO IN CONJUNCTION WITH THE UTHSC COLLEGE OF MEDICINE, THE PROFESSIONAL EMPLOYEES OF THE GROUP ENGAGE IN PROGRAMS OF MEDICAL RESEARCH AND EDUCATION THAT PROMOTE THE LONG-TERM HEALTH AND WELFARE OF PATIENTS AND THE GENERAL PUBLIC. THE RESEARCH PROGRAMS FOCUS ON PREVENTION AND TREATMENT OF ILLNESSES AS WELL AS EFFECTS OF DRUGS AND MEDICATIONS ON A VARIETY OF DISEASES AND MEDICAL CONDITIONS. WHILE SERVING AS THE FACULTY PRACTICE PLAN OF THE UTHSC COLLEGE OF MEDICINE, THE LONG-TERM COMMITMENT OF THE GROUP IS TO CONTINUE TO PROVIDE MEDICAL SERVICES TO ANY AND ALL PATIENTS AND TO PROMOTE GOOD HEALTH THROUGH RESEARCH AND EDUCATION. THE RANGE/TYPE OF SERVICES PROVIDED BY THE CLINICAL DEPARTMENTS INCLUDES PRIMARY CARE, SPECIALTY CONSULTATIONS, SUBSPECIALTY PROCEDURES AND DIAGNOSTIC EVALUATIONS, AND SURGICAL PROCEDURES. HEALTH CARE SERVICES ARE DELIVERED IN NUMEROUS HOSPITAL AND CLINIC SETTINGS, INCLUDING INPATIENT AND OUTPATIENT CARE AT THE REGIONAL MEDICAL CENTER AT MEMPHIS (REGIONAL ONE), LE BONHEUR CHILDREN'S HOSPITAL, MEMPHIS VA MEDICAL CENTER, METHODIST UNIVERSITY HOSPITAL, ST. JUDE CHILDREN'S RESEARCH HOSPITAL, ST. FRANCIS HOSPITAL, BAPTIST MEMORIAL HOSPITALS,AND OTHER LOCAL COMMUNITY HOSPITALS. THE GROUP'S FACULTY PHYSICIANS PROVIDE HEALTH CARE SERVICES TO PATIENTS OF THE CENTERS OF EXCELLENCE AT THE MED. THE CENTERS OF EXCELLENCE INCLUDE THE TRAUMA CENTER, BURN CENTER, WOUND CARE CENTER, NEWBORN CENTER, ADULT SPECIAL CARE, AND SICKLE CELL CENTER. 68942906 true 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 true false true false false false false false false false false false false false false true true true true false false true 54 0 true 617 true false false false false false false false false false false true false X 9 0 false false false false true true true true true false false true true true true true true true true false X Mike Jackson 9018668117 1407 Union Ave Ste 700 Memphis TN 38104 ROBERT BRADLEY CANADA CHIEF MEDICAL OFFICER 10.0 30.0 X X 458987 196913 74885 SCOTT STROME CHAIRMAN OF THE BOARD 2.0 38.0 X X 85519 2004602 32732 Shannon Tacker CEO and Board Member 40.0 X X 361615 0 41212 AJAY TALATI SECRETARY, CHAIR OF UTHSC 10.0 30.0 X 502860 195263 86696 ANTHONY FERRARA SR VICE CHANCELLOR OF FINA 2.0 38.0 X 0 421381 44634 DAVID SHIBATA CHAIR OF UTHSC DEPT OF SUR 2.0 38.0 X 0 844419 25973 G NICHOLAS VERNE CHAIR OF UTHSC DEPT OF MED 2.0 38.0 X 0 499597 49377 JONATHAN MC CULLERS SR EXEC ASSOCIATE DEAN OF 2.0 38.0 X 0 660952 63050 KENNARD BROWN FORMER EXEC VICE CHANCELLOR OF UT 2.0 38.0 X 0 852936 37014 MARION BOYD GILLESPIE CHAIR OF UTHSC DEPT OF OTO 10.0 30.0 X 398285 261312 83793 MUNEEZA KHAN CHAIR OF UTHSC DEPT OF FAM 2.0 38.0 X 62844 454462 58943 PAUL WESOLOWSKI VICE CHANCELLOR OF STRATEGIC PSHIP 2.0 38.0 X 0 369702 39464 RAAJ KURAPATI EXEC VICE CHANCELLOR OF UT 2.0 38.0 X 0 199158 57208 TEJESH PATEL CHAIR OF UTHSC DEPT OF DER 38.0 2.0 X 520053 267652 67541 Courtney Love Chief Administrative Officer 40.0 X 225478 0 24384 Michael Jackson CFO 40.0 X 246774 0 46883 David Peeler PHYSICIAN 38.0 2.0 X 741367 6194 51617 DAVID SCHWARTZ PHYSICIAN 38.0 2.0 X 523426 212302 107812 DEVRA BECKER PHYSICIAN 38.0 2.0 X 602102 106247 87872 KHALID ALSHERBINI PHYSICIAN 38.0 2.0 X 558769 87623 41065 MILTON RANDALL PHYSICIAN 38.0 2.0 X 814055 32334 46473 6102134 7673049 1168628 155 false true false JAMES ERIC GARDNER MD PC RD Extended 202 Memphis TN 38115 Vascular Surgery 467604 MELLON CONSULTING GROUP LLC 7500 Capital Dr 120 Germantown TN 38138 Consulting 301800 SELLERS DORSEY & ASSOC LLC MARKET ST RECEPTION Philadelphia PA 19103 Consulting 282164 ENSEARCH MANAGEMENT LLC 905 E COTATI AVE Cotati CA 94931 Consulting 155515 ASIF KAZMI MD 1251 Wesley Dr 100 Memphis TN 38116 Medical Services 149051 9 0 NET PATIENT CHARGES 621110 43488488 43488488 CONTRACT REVENUE 621110 17920560 17920560 MEDICAL DIRECTOR REVENUE 621110 2393679 2393679 MANAGEMENT FEE INCOME 621110 603205 603205 0 0 0 0 64405932 85392 85392 1185095 1185095 0 1185095 1185095 2678 259 2678 259 2937 2937 PFI CONTRACT 900099 9271022 9271022 MISCELLANEOUS INCOME 900099 5881901 5881901 0 0 0 0 15152923 80832279 64405932 0 16426347 X 287078 287078 5385398 5385398 44612973 43361435 1251538 1462069 1078614 383455 2297006 1992094 304912 2723158 2361678 361480 1317244 305126 1012118 198003 45865 152138 125609 29096 96513 9004321 7758923 1245398 0 133121 47944 85177 1144727 707872 436855 2316556 1543891 772665 129400 106224 23176 159614 135194 24420 325772 325772 1238414 826994 411420 1869668 1397662 472006 Bad Debt Expense 3029734 3029734 R & M 2784419 628350 2156069 Drugs and Medical 2375625 2371023 4602 Overhead 896427 896427 37405 31682 5723 0 83853741 68942906 14910835 0 2130 2047 9016370 8010101 9848492 8947738 0 0 127192 139831 20573 1120277 840736 33288527 17547809 16178747 15740718 0 2593788 1398325 359246 299366 8417553 8660109 47663795 44059544 9844718 9793706 0 11410690 10697118 3950279 4130001 25205687 24620825 X 22458108 19438719 22458108 19438719 47663795 44059544 X -3021462 2073 X false true X true true true X 675000 675000 13072612 1405895 11666717 3174104 2984242 189862 16000421 13157672 2842749 366390 366390 15740718 OTHER RECEIVABLES 6783120 RIGHT-OF-USE LEASE ASSET 1876989 8660109 DUE TO MSO 2160775 RIGHT-OF-USE LEASE LIABILITY 1969226 4130001 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Internal Revenue Service has determined that the Company and certain of its wholly-owned Subsidiaries are exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code ("IRC"). The Company is required to operate in conformity with the IRC in order to maintain its tax-exempt status. The Company has determined that is does not have any material uncertain tax positions as of December 31, 2023 and 2022. UPM is subject to unrelated business income tax ("UBIT"). Certain Subsidiaries are not wholly-owned and therefore are subject to Tennessee franchise and excise taxes at the entity level. No taxes were due for the years ended December 31, 2023 and 2022. false University of Tennessee Health Sciences Center 910 Madison Avenue Memphis TN 38163 626001636 501(C)(3) 287078 Support for Neonatology and Dermatology Residency programs. 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. N/A false false false false false false false false false SCOTT STROME CHAIRMAN OF THE BOARD 85519 2004602 0 0 0 0 0 16956 0 15776 85519 2037334 0 0 ROBERT BRADLEY CANADA CHIEF MEDICAL OFFICER 458987 196913 0 0 0 0 28474 30573 0 15838 487461 243324 0 0 Shannon Tacker CEO and Board Member 361615 0 0 0 0 0 18529 0 22683 0 402827 0 0 0 KENNARD BROWN FORMER EXEC VICE CHANCELLOR OF UT 0 852936 0 0 0 0 0 27000 0 10014 0 889950 0 0 DAVID SHIBATA CHAIR OF UTHSC DEPT OF SUR 0 844419 0 0 0 0 0 600 0 25373 0 870392 0 0 TEJESH PATEL CHAIR OF UTHSC DEPT OF DER 520053 267652 0 0 0 0 21600 23450 0 22491 541653 313593 0 0 AJAY TALATI SECRETARY, CHAIR OF UTHSC 502860 195263 0 0 0 0 24000 36000 0 26696 526860 257959 0 0 MARION BOYD GILLESPIE CHAIR OF UTHSC DEPT OF OTO 398285 261312 0 0 0 0 29300 30700 0 23793 427585 315805 0 0 JONATHAN MC CULLERS SR EXEC ASSOCIATE DEAN OF 0 660952 0 0 0 0 0 37920 0 25130 0 724002 0 0 MUNEEZA KHAN CHAIR OF UTHSC DEPT OF FAM 62844 454462 0 0 0 0 0 35500 0 23443 62844 513405 0 0 G NICHOLAS VERNE CHAIR OF UTHSC DEPT OF MED 0 499597 0 0 0 0 0 49350 0 27 0 548974 0 0 ANTHONY FERRARA SR VICE CHANCELLOR OF FINA 0 421381 0 0 0 0 0 30000 0 14634 0 466015 0 0 PAUL WESOLOWSKI VICE CHANCELLOR OF STRATEGIC PSHIP 0 369702 0 0 0 0 0 32818 0 6646 0 409166 0 0 RAAJ KURAPATI EXEC VICE CHANCELLOR OF UT 0 199158 0 0 0 0 0 49532 0 7676 0 256366 0 0 Courtney Love Chief Administrative Officer 225478 0 0 0 0 0 13811 0 10573 0 249862 0 0 0 Michael Jackson CFO 246774 0 0 0 0 0 26000 0 20883 0 293657 0 0 0 MILTON RANDALL PHYSICIAN 814055 32334 0 0 0 0 0 24528 0 21945 814055 78807 0 0 DAVID SCHWARTZ PHYSICIAN 523426 212302 0 0 0 0 48213 36851 0 22748 571639 271901 0 0 David Peeler PHYSICIAN 741367 6194 0 0 0 0 26000 244 0 25373 767367 31811 0 0 DEVRA BECKER PHYSICIAN 602102 106247 0 0 0 0 25871 38315 0 23686 627973 168248 0 0 KHALID ALSHERBINI PHYSICIAN 558769 87623 0 0 0 0 17272 0 0 23793 576041 111416 0 0 Form 990, Part VI, Line 6 Classes of members or stockholders ACCORDING TO THE BYLAWS, THE COMPENSATION COMMITTEE OF THE UTMG BOARD OF DIRECTORS IS RESPONSIBLE FOR "APPROVING THE COMPENSATION OF THE EXECUTIVE STAFF AND APPLICABLE DIRECTORS OF THE GROUP. THE COMPENSATION COMMITTEE SHALL AT THE DIRECTION OF THE BOARD OF DIRECTORS REVIEW THE SYSTEM OF COMPENSATION OF THE GROUP'S MEMBERS AND OTHER PROFESSIONAL EMPLOYEES. THE COMPENSATION COMMITTEE IS COMPOSED OF THREE (3) VOTING MEMBERS, ALL OF WHOM ARE INDEPENDENT, OUTSIDE DIRECTORS AND THREE (3) NONVOTING MEMBERS, INCLUDING THE CHAIRMAN OF THE BOARD AND TWO OTHER DIRECTORS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body ACCORDING TO THE BYLAWS: THE MEMBERS OF THE GROUP ANNUALLY SHALL ELECT THE MEMBER DIRECTORS WHO WILL SERVE ON THE BOARD OF DIRECTORS AT AN ELECTION HELD IN ACCORDANCE WITH SECTION 3.3 OF ARTICLE III OF THE BYLAWS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders ACCORDING TO THE BYLAWS: THE MEMBERS SHALL ALSO HAVE THE RIGHT TO APPROVE OR DISAPPROVE THE DECISION OF THE BOARD OF DIRECTORS TO MERGE, LIQUIDATE, DISSOLVE OR TERMINATE THE GROUP, BY A VOTE OF 2/3 OF THE MEMBERS PRESENT OR REPRESENTED AT SUCH MEETING. THE MEMBERS SHALL ALSO HAVE THE RIGHT TO VOTE UPON SUCH MATTERS AS MAY BE PRESENTED TO THEM FROM TIME TO TIME BY THE BOARD OF DIRECTORS OR UPON SUCH MATTERS AS MAY BE PRESENTED BY A MAJORITY OF THE MEMBERS PRESENT OR REPRESENTED AT ANY ANNUAL OR SPECIAL MEETING OF THE MEMBERS; PROVIDED, HOWEVER, THAT ANY SUCH MATTERS ARE NOT VESTED EXCLUSIVELY, DIRECTLY OR INDIRECTLY, WITH THE BOARD OF DIRECTORS. Form 990, Part VI, Line 11b Review of form 990 by governing body UTMG'S BOARD OF DIRECTORS HAS DELEGATED THE 990 REVIEW PROCESS TO THE AUDIT, FINANCE, AND BUDGET COMMITTEE, WHICH IS A COMMITTEE OF THE BOARD. THIS COMMITTEE REVIEWS UTMG'S 990 AND 990-T AND APPROVES THE RETURNS. Form 990, Part VI, Line 12c Conflict of interest policy ANNUALLY, THE OFFICERS AND DIRECTORS OF UTMG RECEIVED UTMG'S CONFLICT OF INTEREST POLICY AND A FORM TO COMPLETE AND SIGN ACKNOWLEDGING THAT THEY HAVE READ, UNDERSTAND, AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. IN THE EVENT A POTENTIAL CONFLICT OF INTEREST WITH ANY OFFICER OR DIRECTOR ARISES, THE PROCESS FOR DISCLOSING THE ACTUAL OR POSSIBLE CONFLICT, DETERMINING IF ONE EXISTS, AND ADDRESSING A CONFLICT IS INCLUDED IN THE CONFLICT OF INTEREST POLICY AND IS FOLLOWED. Form 990, Part VI, Line 15b Process to establish compensation of other employees ACCORDING TO THE BYLAWS, THE COMPENSATION COMMITTEE OF THE UTMG BOARD OF DIRECTORS IS RESPONSIBLE FOR "APPROVING THE COMPENSATION OF THE EXECUTIVE STAFF AND APPLICABLE DIRECTORS OF THE GROUP. THE COMPENSATION COMMITTEE SHALL AT THE DIRECTION OF THE BOARD OF DIRECTORS REVIEW THE SYSTEM OF COMPENSATION OF THE GROUP'S MEMBERS AND OTHER PROFESSIONAL EMPLOYEES. THE COMPENSATION COMMITTEE IS COMPOSED OF THREE (3) VOTING MEMBERS, ALL OF WHOM ARE INDEPENDENT, OUTSIDE DIRECTORS AND THREE (3) NONVOTING MEMBERS, INCLUDING THE CHAIRMAN OF THE BOARD AND TWO OTHER DIRECTORS. DURING THE REPORTING PERIOD, THE COMPENSATION COMMITTEE MET AS OFTEN AS NEEDED AND, UTILIZING COMPENSATION MARKET SURVEY DATA, REVIEWED AND APPROVED SALARIES OF THE CHIEF EXECUTIVE OFFICER, OTHER EXECUTIVE OFFICERS, AND KEY EMPLOYEES. ACTIONS OF THE COMMITTEE WERE DOCUMENTED CONTEMPORANEOUSLY. Form 990, Part VI, Line 19 Required documents available to the public FORMS 1023, 990, AND 990-T ARE MADE AVAILABLE UPON REQUEST. PAPER COPIES OF THE SPECIFIC DOCUMENTS ARE FORWARDED TO THE REQUESTING INDIVIDUALS. FORMS 990 AND 990-T ARE ALSO AVAILABLE ON GUIDESTAR.ORG. THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. PAPER COPIES OF THE SPECIFIC DOCUMENTS ARE FORWARDED TO THE REQUESTING INDIVIDUALS. THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THOSE ENTITIES WITH A BUSINESS NEED. Form 990, Part IX, Line 11g Other Fees Purchased Services - Total Expense: 7930619, Program Service Expense: 6833726, Management and General Expenses: 1096893, Fundraising Expenses: ; Medical/Billing - Total Expense: 585518, Program Service Expense: 504534, Management and General Expenses: 80984, Fundraising Expenses: ; Consulting - Total Expense: 488184, Program Service Expense: 420663, Management and General Expenses: 67521, Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances NONCONTROLLING INTEREST - -89375; Restatement of beginning net assets without donor restrictions - 91448; UTMG VASCULAR ACCESS PHYSICIANS LLC 1407 Union Ave Ste 700 Memphis TN 38104 460928187 Vascular Access Center TN 7502893 39705211 UT Medical Group Inc UTMG Nephrology II LLC 1407 Union Ave Ste 700 Memphis TN 38104 471464376 Medical Care TN 0 192747 UT Medical Group Inc UTMG Pathology LLC 1407 Union Ave Ste 700 Memphis TN 38104 471252510 Medical Care TN 0 0 UT Medical Group Inc UNIVERSITY PRACTICE MANAGEMENT 1407 Union Ave Ste 700 Memphis TN 38104 273733656 Provides billing & Admin Services to other academic medical practices TN 0 0 UT Medical Group Inc MSC GENERAL PARTNER LLC 1407 Union Ave Ste 700 Memphis TN 38104 832737333 Holding Company TN 0 0 UT Medical Group Inc MSC LIMITED PARTNER LLC 1407 Union Ave Ste 700 Memphis TN 38104 832747899 Holding Company TN 0 0 UT Medical Group Inc UT mobile stroke unit llc 1407 Union Ave Ste 700 memphis TN 38104 811109107 Medical Care TN 0 0 ut Medical Group Inc MSC Properties LLC 1407 Union Ave Ste 700 memphis TN 38104 832779010 Real Estate TN 0 0 ut Medical Group Inc 1068 Cresthaven llc 1407 Union Ave Ste 700 memphis TN 38104 841896996 Medical Care TN 0 0 ut Medical Group Inc MSC Management LLC 1407 Union Ave Ste 700 memphis TN 38104 832758229 Management services TN 0 0 ut Medical Group Inc UCH Vascular Access ASC LLC 1407 Union Ave Ste 700 Memphis TN 38104 820975009 Medical Care TN 0 0 UT MEDICAL GROUP INC UTHSC COLLEGE OF MEDICINE 1407 Union Ave Ste 700 Memphis TN 38104 626001636 Medical Care TN NA false INTERVENTIONAL ASSOCIATES OF MEMPHIS PC 1407 Union Ave Ste 700 Memphis TN 38104 201082435 Medical Care TN 501(c)(3) 1 NA false UTMG NEPHROLOGY LLC 1407 Union Ave Ste 700 Memphis TN 38104 271561248 Medical Care TN UT Medical Group Inc Related 16174 931094 false true 0.80 UTMG DERMATOPATHOLOGY LLC 1407 Union Ave Ste 700 Memphis TN 38104 461168283 Medical Care TN UT Medical Group Inc Related 3975810 75456200 false true 0.6733 MEMPHIS SURGERY CENTER LTD 1407 Union Ave Ste 700 Memphis TN 38104 621218330 Medical Care TN UT Medical Group Inc Related 4650482 40064134 false true 0.7841 true false false false false false false false false true false false false false true true Memphis Surgery Center A 259152 Cost Memphis Surgery Center O 2336552 cost UT DermatoPathology O 3151178 cost Memphis Surgery Center Q 2116881 cost UT DermatoPathology Q 555425 cost