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Nuvance Health Medical Practice Pc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562669185 ✦ Poughkeepsie, NY ✦ Designated as a 501(c)(3)

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Overview

What is Nuvance Health Medical Practice Pc?

Nuvance Health Medical Practice Pc (NHMP) is a multispecialty healthcare provider based in the Mid-Hudson Valley and Northwest Connecticut community. Operating approximately 45 locations, NHMP offers a range of primary care and sub-specialty services, including family medicine, internal medicine, newborn care, pediatrics, cardiology, and more. With services in Poughkeepsie, Rhinebeck, Carmel, Sharon, and surrounding towns, NHMP caters to over 137,990 patients and records 441,401 visits annually. Comprising 1,119 employees, NHMP adheres to the financial assistance policy established by its parent organization, NuVance Health, and is committed to providing excellent, innovative, and compassionate care to individuals of all income levels.


Official website here: www.nuvancehealth.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 66%, Two-Star out of Four Star rating.

Nuvance Health Medical Practice Pc has received a 66% rating, indicating areas of strength and concern within its operations. The organization demonstrates effective financial oversight, as shown by its high scores in audit and oversight, conflict of interest, and document retention policies. However, the lack of independent board members raises questions about governance and accountability.

Financially, Nuvance Health shows a strong program expense ratio of 92.08%, suggesting that a substantial portion of its funds is directed towards its programs. However, the liabilities to assets ratio of 82.65% is concerning, indicating potential financial instability that could affect its sustainability and operational capacity. Additionally, the nonprofit has not posted its tax form on its website, which is a missed opportunity for transparency.

Overall, while Nuvance Health Medical Practice Pc has solid programmatic spending and governance policies in place, its financial liability concerns and lack of independent board members highlight areas that could benefit from improvement for better overall accountability and trust with its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Nuvance Health Medical Practice Pc legitimate?

Nuvance Health Medical Practice Pc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nuvance Health Medical Practice Pc 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: $2,771,630
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,638,831

For more financial information, click here


Official website here: www.nuvancehealth.org

What is the mission statement of Nuvance Health Medical Practice Pc?

Nuvance Health Medical Practice (NHMP) is dedicated to delivering excellent, innovative, and compassionate multi-specialty physician services to individuals throughout the core regions of Western Connecticut and the Hudson Valley of New York. Their mission is to become a trusted partner in health by efficiently providing a wide range of primary care and sub-specialty services, including family medicine, internal medicine, pediatrics, cardiology, and many more. NHMP offers various hospital-based services and covers approximately 45 locations. The medical practice serves individuals of all income levels and follows the financial assistance policy established by its parent organization, NuVance Health. In fiscal year 2022, NHMP provided care to 137,990 patients and recorded 441,401 visits. The organization also offers charity care to the value of $924,614.


Official website here: www.nuvancehealth.org

What is the revenue of Nuvance Health Medical Practice Pc?

Nuvance Health Medical Practice Pc's revenue in 2023 was $225,713,088.


Official website here: www.nuvancehealth.org

Who are the executives of Nuvance Health Medical Practice Pc and what are their salaries?

The average compensation at Nuvance Health Medical Practice Pc during 2023 was $137,452. There are 1087 employees at Nuvance Health Medical Practice Pc.

Here are 25 key members and their salaries:


Christopher M Lehrach Md (President/Chief Physician Executive)
  • Compensation: $0
  • Related: $1,102,394
  • Other: $159,082
Patrick Broderick Md (Chairman)
  • Compensation: $0
  • Related: $666,040
  • Other: $68,675
Shantala Sonnad Md (Vice Chairman)
  • Compensation: $256,388
  • Related: $0
  • Other: $54,272
Aarti Campo Md (Director)
  • Compensation: $0
  • Related: $857,702
  • Other: $60,849
Amber Mitchell Md (Director/Physician-Clinical)
  • Compensation: $716,196
  • Related: $0
  • Other: $13,834
Charles Herrick Md (Director)
  • Compensation: $0
  • Related: $740,694
  • Other: $63,511
Cornelius Ferreira Md (Director (To 02/24)/Sys. Chr Prm. Care)
  • Compensation: $0
  • Related: $688,830
  • Other: $39,498
Craig Serin Md (Director/ Staff Physician)
  • Compensation: $0
  • Related: $448,433
  • Other: $20,182
Daniel Cruser Md (Director/ Med. Dept. Chief)
  • Compensation: $705,910
  • Related: $0
  • Other: $53,360
James Nitzkorski Md (Director/Physician-Clinical)
  • Compensation: $695,088
  • Related: $0
  • Other: $59,255
Lorraine Allegro-Skinner Md (Director/Physician-Clinical)
  • Compensation: $227,664
  • Related: $0
  • Other: $59,790
Paul Fiedler Md (Director/Staff Physician)
  • Compensation: $0
  • Related: $446,340
  • Other: $62,152
Steven Gorelick Md (Director/Sys Chair D.H.I.)
  • Compensation: $0
  • Related: $799,668
  • Other: $44,547
Thomas Koobatian Md (Director/ Exec Dir-Cos-Nmh)
  • Compensation: $0
  • Related: $518,136
  • Other: $58,383
Brian Wyatt (Secretary & Chief Legal Officer (From 01/01))
  • Compensation: $0
  • Related: $350,253
  • Other: $60,626
Carolyn Mckenna (Secretary & Chief Legal Officer (To 12/31))
  • Compensation: $0
  • Related: $811,715
  • Other: $90,668
Daniel Debarba (Chief Financial Officer; Treasurer (From 01/01))
  • Compensation: $0
  • Related: $275,184
  • Other: $43,123
Steven H Rosenberg (Former Cfo/Treasurer (To 12/31))
  • Compensation: $0
  • Related: $1,257,989
  • Other: $149,120
Brian Binetti Md (Physician-Clinical)
  • Compensation: $1,193,809
  • Related: $0
  • Other: $60,841
Jason S Sperling Md (Physician-Clinical)
  • Compensation: $1,384,219
  • Related: $0
  • Other: $61,170
Michael H Cho Md (Physician-Clinical)
  • Compensation: $1,150,762
  • Related: $0
  • Other: $32,241
Paul Wright Md (Physician-Clinical)
  • Compensation: $1,179,633
  • Related: $0
  • Other: $56,431
Susan K Boolbol Md (Physician-Clinical)
  • Compensation: $1,093,877
  • Related: $0
  • Other: $48,208
Daniel J O'Dea Md (Former President Nhmp)
  • Compensation: $0
  • Related: $1,199,540
  • Other: $51,998
Denise George (Former Corporate Secretary)
  • Compensation: $0
  • Related: $716,575
  • Other: $113,290


Official website here: www.nuvancehealth.org

Where can I find the form 990 for Nuvance Health Medical Practice Pc?

Nuvance Health Medical Practice Pc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.nuvancehealth.org

Learn more at the official website: www.nuvancehealth.org

Mission Statement of Nuvance Health Medical Practice Pc

Nuvance Health Medical Practice, a leading healthcare provider, is dedicated to delivering efficient, innovative, and compassionate multi-specialty physician services to patients throughout the core regions of Western Connecticut and the Hudson Valley of New York. With a mission to become the trusted partner in health for individuals from all income levels, Nuvance Health Medical Practice offers a comprehensive range of primary care and sub-specialty services.

Nestled among the idyllic landscapes of the Hudson Valley and Western Connecticut, Nuvance Health Medical Practice prides itself on providing expert care in various medical disciplines. Their team of skilled professionals is well-versed in Family Medicine, Internal Medicine, Newborn Care, Pediatrics, Cardiology, Critical Care, Surgical Services, Pulmonology, Gastroenterology, Rheumatology, Physical Medicine, Endocrinology, Infectious Diseases, Nephrology, Breast Surgery, Oncology, Bariatric Surgery, Neurology, Sleep Medicine, Obstetrics and Gynecology, Behavioral Health, and Palliative Medicine. In addition, the practice offers essential hospital-based services such as Anesthesiology, Hospital Medicine, and Emergency Medicine.

Nuvance Health Medical Practice's commitment to health and wellbeing is reflected in their extensive range of services catering to the diverse needs of their clientele. With approximately 45 locations, they serve communities in the Mid-Hudson Valley and Northwest Connecticut. Through their unwavering dedication to exceptional patient care, Nuvance Health Medical Practice endeavors to make a difference in the lives of 137,990 patients each fiscal year, providing a total of 441,401 visits to those in need. The practice also demonstrates its commitment to serving patients regardless of their financial situation by adhering to the financial assistance policy established by its parent organization, Nuvance Health, and its partnering hospitals, Vassar Brothers Medical Center, Northern Dutchess Hospital, Putnam Hospital, and Sharon Hospital.

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Impact




October, 2024

Nuvance Health Medical Practice PC significantly impacts the Hudson Valley and Northwestern Connecticut by providing comprehensive multi-specialty physician services. With around 45 locations, it serves communities like Poughkeepsie, Rhinebeck, Carmel, and Sharon, CT. During the fiscal year 2022, the practice catered to 137,990 patients, facilitating 441,401 visits, which highlights its vital role in the region's healthcare system.

The range of services offered is extensive, including primary care and subspecialties such as cardiology, gastroenterology, oncology, pediatrics, and more, allowing for holistic patient care. Nuvance Health Medical Practice prioritizes accessibility, following a financial assistance policy to serve individuals across all income levels. In fiscal year 2022 alone, it provided $924,614 in charity care.

Overall, Nuvance Health Medical Practice PC is dedicated to delivering innovative, excellent, and compassionate care, aligning with its mission to be a health partner for the people in its service area. This commitment not only enhances health outcomes but also contributes to the community's overall well-being.




This information is meant to be a general summary of Nuvance Health Medical Practice Pc. 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.

Revenue
$225,713,088 (2023)
Expenses
$233,678,514 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $289,615
  • Program Service Revenue: $222,652,366
  • Gross Receipts: $226,432,121

Assets and Liabilities:

  • Total Assets: $87,065,048
  • Total Liabilities: $71,959,387
  • Net Assets: $15,105,661

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MED. CARE AND SERVICES

Revenue

$110,292,827

Affiliate Subsidy Revenue

Revenue

$95,731,320

Hospital Service Revenue

Revenue

$14,291,886

Quality Incentive Program

Revenue

$2,336,333

Organization Details

Founding Year

2007

NTEE Category

Code: E210 - Health

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