Overview
What is Tower Health Medical Group?
Tower Health Medical Group is a leading physician-directed multispecialty healthcare organization based in Reading, Pennsylvania. With 61 locations across Berks, Chester, Montgomery, and Philadelphia counties, they comprise a team of internal medicine and family practice physicians, physician assistants, and nurse practitioners. During FY 2022, Tower Health Medical Group provided care to over 401,000 patients of all ages, focusing on wellness and disease management. They accept both Medicare and Medicaid patients. The mission of Tower Health Medical Group is to manage population health and promote wellness in collaboration with Tower Health, delivering high-quality, compassionate, accessible, and valuable healthcare services. Their commitment extends to clinical research and educating healthcare professionals and their communities.
Official website here: www.towerhealth.org/thmg
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Tower Health Medical Group has earned a Three-Star rating from Charity Navigator, highlighting its satisfactory performance in accountability and finance. The rating reflects a strong emphasis on financial integrity, with a significant program expense ratio of 92%. This indicates that the majority of their funds are allocated directly to their programs, which is a positive sign for potential donors and supporters.
The organization showcases a robust governance structure, featuring a board that is entirely independent and well-sized, scoring 8 out of 8 points for majority independent board members. Furthermore, they have established comprehensive policies, including conflict of interest and whistleblower protections, which contribute to their transparency and accountability.
While the overall score is commendable, it is based solely on the accountability and finance beacon, potentially leaving out other critical areas of impact and effectiveness that could provide a fuller picture of the nonprofit's overall performance. Nonetheless, their financial practices and governance appear to be sound, making them a reliable choice for those looking to support healthcare initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Tower Health Medical Group legitimate?
Tower Health Medical Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tower Health Medical Group 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: $1,120,651
Professional Fundraising Fees: $0
Other Salaries and Wages: $280,979,202
For more financial information, click here
Official website here: www.towerhealth.org/thmg
What is the mission statement of Tower Health Medical Group?
Tower Health Medical Group is a leading multispecialty group of healthcare professionals, working in collaboration with Tower Health to manage population health and promote wellness. They are committed to delivering high-quality, compassionate healthcare that is accessible to all. The mission of Tower Health Medical Group goes beyond just providing healthcare services; they are actively engaged in clinical research and the education of healthcare professionals and communities. Their goal is to offer healthcare that is of the highest value, while maintaining a strong focus on population health management and wellness initiatives.
Official website here: www.towerhealth.org/thmg
Who is the CEO of Tower Health Medical Group?
P Sue Perrotty is the Pres & Ceo T of Tower Health Medical Group. The CEO's salary of Tower Health Medical Group is $0 and their total compensation is $662,500.
Official website here: www.towerhealth.org/thmg
What is the revenue of Tower Health Medical Group?
Tower Health Medical Group's revenue in 2022 was $233,011,515.
Official website here: www.towerhealth.org/thmg
Who are the executives of Tower Health Medical Group and what are their salaries?
The average compensation at Tower Health Medical Group during 2022 was $151,017. There are 1868 employees and 11 volunteers at Tower Health Medical Group.
Here are 25 key members and their salaries (Tower Health Medical Group's CEO's salary is $0 and their total compensation is $662,500):
- Compensation: $0
- Related: $2,418,853
- Other: $102,792
- Compensation: $1,629,514
- Related: $0
- Other: $30,254
- Compensation: $1,093,693
- Related: $0
- Other: $29,163
- Compensation: $1,090,549
- Related: $0
- Other: $15,146
- Compensation: $0
- Related: $1,026,036
- Other: $18,615
- Compensation: $997,532
- Related: $0
- Other: $6,156
- Compensation: $916,943
- Related: $0
- Other: $6,156
- Compensation: $241,164
- Related: $483,319
- Other: $177,354
- Compensation: $0
- Related: $662,500
- Other: $0
- Compensation: $0
- Related: $497,895
- Other: $86,225
- Compensation: $485,819
- Related: $0
- Other: $98,119
- Compensation: $386,109
- Related: $0
- Other: $67,986
- Compensation: $0
- Related: $420,987
- Other: $4,684
- Compensation: $0
- Related: $115,787
- Other: $19,801
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.towerhealth.org/thmg
Where can I find the form 990 for Tower Health Medical Group?
Tower Health Medical Group's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.towerhealth.org/thmg
Learn more at the official website: www.towerhealth.org/thmg
Mission Statement of Tower Health Medical Group
Tower Health Medical Group, the region's premier physician-directed multispecialty group of healthcare professionals, is dedicated to managing population health, promoting wellness, and delivering high-quality, compassionate, and valuable healthcare. This esteemed organization, comprised of exceptional healthcare experts, collaborates closely with Tower Health to ensure the well-being of their communities.
With a focus on population health, Tower Health Medical Group addresses the needs of the collective population, striving to provide readily accessible healthcare services. They are committed to delivering healthcare that encompasses the highest standards of quality and value. In addition to their clinical capabilities, they engage in clinical research and the education of healthcare professionals and their communities, further solidifying their position as a leader in their field.
Tower Health Medical Group's mission goes beyond the confines of traditional healthcare service delivery. Their team of healthcare professionals not only participates in managing population health and promoting wellness but also delivers care with a compassionate touch. They are devoted to enhancing the health and well-being of their patients through their expertise and dedication. By engaging in research and education, they contribute to the ongoing advancements in healthcare and the development of the future healthcare workforce.
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Impact
October, 2024
Tower Health Medical Group significantly influences community health by providing accessible and comprehensive healthcare services across Berks, Chester, Montgomery, and Philadelphia counties. With 61 locations and a diverse team of internal medicine and family practice physicians, physician assistants, and nurse practitioners, the group prioritizes wellness and disease management.
In fiscal year 2022, Tower Health Medical Group conducted over 401,000 patient visits, offering care to individuals of all ages, including those covered by Medicare and Medicaid. Their commitment extends beyond patient visits; they focus on managing population health and promoting wellness initiatives that benefit the community at large. Their mission highlights the importance of delivering compassionate and high-quality care while also engaging in clinical research and the education of healthcare professionals, thus reinforcing their pivotal role in enhancing the overall health landscape of the region.
This information is meant to be a general summary of Tower Health Medical Group. 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.
- Investment Income: $297,601
- Program Service Revenue: $225,568,340
- Gross Receipts: $233,234,117
Assets and Liabilities:
- Total Assets: $76,584,160
- Total Liabilities: $109,722,612
- Net Assets: -$33,138,452
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT REVENUE
Revenue
$223,670,758
CAPITATION REVENUE
Revenue
$1,897,582
Organization Details
Founding Year
1983
Phone
(484) 628-4307Principal Officer
P Sue Perrotty
Main Address
PO BOX 16052, READING, PA, 196126052
Website
www.towerhealth.org/thmgNTEE Category
Code: E31 - Health
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