Overview
What is Adventist Physician Services Inc?
Adventist Physician Services Inc, also known as Adventist Medical Group, is a renowned, multispecialty physician organization based in Gaithersburg, Maryland. Founded in 2006, this independent, not-for-profit entity employs approximately 50 community physicians, offering primary care and various medical specialties, including behavioral health, cardiology, general surgery, and infectious disease and gynaecology surgery. They serve Adventist Healthcare's communities in Montgomery, Frederick, and Prince George's Counties in Maryland. Adventist Physician Services' mission is to extend God's care through the ministry of physical, mental, and spiritual healing. They provide administrative, financial management, technical, and business support services to enable physicians to deliver quality care and run successful practices. Their group practice structure allows them to cater to a broad range of patients, primarily focusing on cardiology and behavioral health, with rehabilitation and primary care also being significant areas of expertise. In 2021, they took over the employment of several surgical and medical specialties from the Medical Faculty Associates, a part of George Washington University. Today, Adventist Medical Group manages all primary care and specialty care practices under its umbrella. In 2022, their physicians had over 50,000 ambulatory patient encounters, consisting of new and existing patients. Additionally, their behavioral health physicians provided care for the inpatients at Shady Grove Medical Center and White Oak Medical Center.
Official website here: www.adventisthealthcare.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Adventist Physician Services Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating there are significant areas that require attention. With an overall score of 66%, the organization demonstrates some strong practices, particularly in financial oversight and transparency, as evidenced by its complete scores in audit and conflict of interest policies. However, the lack of independent board members raises concerns about governance and accountability.
The organization is noted for its high program expense ratio of 85.62%, suggesting that a substantial portion of its funding is directed toward its programs rather than administrative costs. This is a positive aspect, but it is overshadowed by the alarming liabilities to assets ratio of 1485.39%, indicating potential financial instability. The absence of independent board members also highlights a potential conflict in oversight, which is critical for maintaining donor trust and effective governance.
While Adventist Physician Services Inc has established essential policies like whistleblower and document retention protocols, its missing tax form on the website and overall accountability score of 66 signifies a need for improvement in transparency and financial health. Addressing these issues will be crucial for enhancing its reputation and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Adventist Physician Services Inc legitimate?
Adventist Physician Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Adventist Physician Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,216,074
For more financial information, click here
Official website here: www.adventisthealthcare.com
What is the mission statement of Adventist Physician Services Inc?
Adventist Physician Services Inc is a not-for-profit medical organization dedicated to extending God's care through the provision of physical, mental, and spiritual healing. Committed to high-quality patient care, the organization was founded in 2006 and operates under the name Adventist Medical Group. They employ approximately 50 community physicians in various primary care and medical specialties, including behavioral health, cardiology, general surgery, and infectious disease and gynecology surgery. The organization provides essential administrative, financial management, technical, and business support services to enable physicians to deliver quality care and operate successful practices. With a focus on cardiology, behavioral health, rehabilitation, and primary care, they strive to deliver the most value to their community by integrating with other health services within Adventist Healthcare. In 2021, they took over the employment of several surgical and medical specialties from the Medical Faculty Associates, managing all primary care and specialty care practices under Adventist Medical Group. In 2022, their physicians had over 50,000 ambulatory patient encounters and provided care for inpatients at Shady Grove Medical Center and White Oak Medical Center through their behavioral health physicians.
Official website here: www.adventisthealthcare.com
Who is the CEO of Adventist Physician Services Inc?
Terry Forde is the President & Ceo, Ahc of Adventist Physician Services Inc. The CEO's salary of Adventist Physician Services Inc is $0 and their total compensation is $1,577,399.
Official website here: www.adventisthealthcare.com
What is the revenue of Adventist Physician Services Inc?
Adventist Physician Services Inc's revenue in 2022 was $30,239,144.
Official website here: www.adventisthealthcare.com
Who are the executives of Adventist Physician Services Inc and what are their salaries?
Here are 10 key members and their salaries (Adventist Physician Services Inc's CEO's salary is $0 and their total compensation is $1,577,399):
- Compensation: $0
- Related: $1,513,716
- Other: $63,683
- Compensation: $0
- Related: $1,034,422
- Other: $70,167
- Compensation: $0
- Related: $751,379
- Other: $179,851
- Compensation: $0
- Related: $628,944
- Other: $22,795
- Compensation: $0
- Related: $769,858
- Other: $42,454
- Compensation: $371,959
- Related: $0
- Other: $30,641
- Compensation: $361,418
- Related: $0
- Other: $5,159
- Compensation: $327,494
- Related: $0
- Other: $33,042
- Compensation: $282,816
- Related: $0
- Other: $33,484
- Compensation: $294,819
- Related: $0
- Other: $20,808
Official website here: www.adventisthealthcare.com
Where can I find the form 990 for Adventist Physician Services Inc?
Adventist Physician Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.adventisthealthcare.com
Learn more at the official website: www.adventisthealthcare.com
Mission Statement of Adventist Physician Services Inc
Adventist Physician Services Inc, a not-for-profit organization founded in 2006, is dedicated to extending God's care through the ministry of physical, mental, and spiritual healing. Committed to providing high-quality care to patients, Adventist Physician Services operates under the name Adventist Medical Group (AMG) and employs approximately 50 community physicians in various primary care and medical specialties, including behavioral health, cardiology, general surgery, and infectious disease and gyn surgery. Through its size and group practice structure, AMG is able to offer comprehensive care for patients, primarily focusing on cardiology and behavioral health, as well as rehabilitation and primary care.
Adventist Medical Group's mission goes beyond the realm of traditional medical care. It extends to providing essential administrative, financial management, technical, and business support services, enabling physicians to focus on delivering quality care and operating successful practices. In October 2021, AMG took over the employment of several surgical and medical specialties from the Medical Faculty Associates, a part of George Washington University. This expansion allowed AMG to manage all primary care and specialty care practices under its umbrella. In 2022, AMG physicians had over 50,000 ambulatory patient encounters, both new and returning patients, and provided inpatient care for patients at Shady Grove Medical Center and White Oak Medical Center through its behavioral health physicians.
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Impact
October, 2024
Adventist Physician Services Inc plays a vital role in enhancing the health and well-being of communities in Montgomery, Frederick, and Prince George's counties in Maryland. By extending care through physical, mental, and spiritual healing, they deliver high-quality medical services across various specialties, including cardiology, behavioral health, general surgery, and infectious disease.
Founded in 2006, Adventist Physician Services operates as Adventist Medical Group, employing around 50 community physicians. This multi-specialty physician organization not only ensures access to essential healthcare services but also integrates these services within the larger Adventist Healthcare system, maximizing the value of care delivered to patients.
In 2022 alone, Adventist Medical Group facilitated over 50,000 ambulatory patient encounters, demonstrating its commitment to addressing both new and existing patients' needs. The organization also plays a crucial role in managing primary and specialty care practices, recently expanding its influence by assuming management of additional surgical and medical specialties previously associated with the George Washington University Medical Faculty Associates.
Through its dedication to comprehensive care and community service, Adventist Physician Services significantly contributes to the overall health of the populations it serves, addressing urgent medical issues while prioritizing mental and spiritual well-being.
This information is meant to be a general summary of Adventist Physician Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $30,239,144
- Gross Receipts: $30,239,144
Assets and Liabilities:
- Total Assets: $8,195,361
- Total Liabilities: $121,733,624
- Net Assets: -$113,538,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PHYSICIAN SERVICES
Revenue
$30,239,144
Organization Details
Founding Year
2006
Phone
(301) 315-3030Principal Officer
Terry Forde
Main Address
820 WEST DIAMOND AVE 600, GAITHERSBURG, MD, 208781419
Website
www.adventisthealthcare.comNTEE Category
Code: E31 - Health
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