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Novant Medical Group Inc

Novant Health Medical Group

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

EIN: 581728803 ✦ Winston salem, NC ✦ Designated as a 501(c)(3)

Overview

What is Novant Medical Group Inc?

Novant Medical Group Inc is a physician-led nonprofit organization, headquartered with a team of dedicated professionals. The organization is characterized by its collaborative structure, with physician partners at the helm, and supported by skilled professionals to ensure comprehensive care at all levels. The mission of Novant Medical Group revolves around providing essential assistance and support to its physician partners, ultimately enabling them to focus on delivering quality medical care.


Official website here: www.novanthealth.org

Is Novant Medical Group Inc legitimate?

Novant Medical Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Novant Medical Group 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.

Here are some key statistics you may want to consider:

Executive Compensation: $1,007,399
Professional Fundraising Fees: $0
Other Salaries and Wages: $836,042,126

For more financial information, click here


Official website here: www.novanthealth.org

What is the mission statement of Novant Medical Group Inc?

Novant Medical Group is a physician-led organization, where doctors take the lead in making important decisions. The group is backed by a team of highly-skilled professionals, who provide essential support and assistance to the physicians. Novant Medical Group's mission revolves around the collaborative efforts of its physician partners and supporting staff, aiming to deliver optimal healthcare services. Through their collective expertise, they strive to meet the diverse medical needs of their patients, working together to ensure effective and compassionate care at every level.


Official website here: www.novanthealth.org

Who is the CEO of Novant Medical Group Inc?

Carl Armato is the Principal Officer of Novant Medical Group Inc.


Official website here: www.novanthealth.org

What is the revenue of Novant Medical Group Inc?

Novant Medical Group Inc's revenue in 2022 was $1,139,120,740.


Official website here: www.novanthealth.org

Who are the executives of Novant Medical Group Inc and what are their salaries?

The average compensation at Novant Medical Group Inc during 2022 was $97,672. There are 8,570 employees and 9 volunteers at Novant Medical Group Inc.

Here are 16 key members and their salaries:

    Fred Hargett (Evp & Cfo)
  • Compensation: $0
  • Related: $2,355,664
  • Other: $61,852

    • Howard Homesley Jr (Orthopaedist)
  • Compensation: $2,253,109
  • Related: $0
  • Other: $53,384

    • James Fraser (Orthopaedist)
  • Compensation: $1,953,367
  • Related: $0
  • Other: $53,534

    • Chase Bennett (Neurosurgeon)
  • Compensation: $1,952,910
  • Related: $0
  • Other: $53,384

    • Adam Back (Neurosurgeon)
  • Compensation: $1,879,105
  • Related: $0
  • Other: $53,534

    • William Brown (Neurosurgeon)
  • Compensation: $1,902,381
  • Related: $0
  • Other: $19,163

    • Eric Eskioglu Md (Evp & Cmo/Trustee (Until 12/9/22))
  • Compensation: $0
  • Related: $1,748,678
  • Other: $56,075

    • Pamela Oliver Md (Evp & Pres Phys Network/Trustee)
  • Compensation: $0
  • Related: $1,304,291
  • Other: $197,764

    • Geoffrey Gardner (Fmr Svp (See Schedule O))
  • Compensation: $0
  • Related: $917,398
  • Other: $125,591

    • John Howard (Svp & Coo Physician Network)
  • Compensation: $865,155
  • Related: $0
  • Other: $142,244

    • Marty Lambeth (Fmr Vp (See Schedule O))
  • Compensation: $630,180
  • Related: $0
  • Other: $34,307

    • Robert Barr Md (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $468
  • Other: $0

    • Joseph Ely (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $115
  • Other: $0

    • Daniel Murphy Md (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Squires (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Young Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.novanthealth.org

    Where can I find the form 990 for Novant Medical Group Inc?

    The Novant Medical Group Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.novanthealth.org

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

    Mission Statement of Novant Medical Group Inc

    Novant Medical Group, a physician-led organization, is made up of dedicated physician partners who are backed by a team of highly-skilled professionals. Their mission is to support these doctors at every level, ensuring they can deliver optimal healthcare services. The team at Novant Medical Group is committed to working in unison to provide exceptional care.

    In essence, Novant Medical Group empowers its physician partners with the resources and assistance they need to excel in their roles. These partners, in turn, use their medical expertise to diagnose and treat various health conditions, contributing to improved patient outcomes. The organization's structure fosters a collaborative work environment, where every member plays a crucial role in the delivery of quality healthcare.

    The physician partners at Novant Medical Group are the driving force behind the organization's success. Their leadership and clinical knowledge are matched by the skills and dedication of the supporting professionals. Together, they ensure that Novant Medical Group remains at the forefront of healthcare provision, continually striving for excellence in patient care.

    Impact

    This information is meant to be a general summary of Novant Medical Group Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Novant Medical Group Inc makes a significant impact in the healthcare sector by providing physician-led care with the support of highly-skilled professionals. Their organization, comprised of physician partners, works tirelessly to offer assistance and support at every level. Novant Medical Group Inc's presence in Winston-Salem, NC, showcases its commitment to delivering high-quality healthcare services to the community. Its contributions align with the overarching mission to prioritize health and well-being, making a positive impact on the lives of those they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $719,562
  • Program Service Revenue: $1,132,046,297
  • Gross Receipts: $1,139,298,557

    • Assets and Liabilities:
  • Total Assets: $411,516,583
  • Total Liabilities: $1,809,457,636
  • Net Assets: -$1,397,941,053
  • Programs

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

    NET PATIENT REVENUE

    Revenue

    $964,318,275

    PHYSICIAN SERVICES

    Revenue

    $97,270,315

    VALUE BASED INCENTIVE

    Revenue

    $59,138,137

    CARE COORDINATION FEES

    Revenue

    $5,434,483

    FLOAT POOL REVENUE

    Revenue

    $2,884,758

    Organization Details

    Founding Year

    1987

    Principal Officer

    Carl Armato

    Main Address

    2085 FRONTIS PLAZA BLVD, WINSTON SALEM, NC, 27103

    NTEE Category

    Code: E31 - Health

    If you are a representative of Novant Medical Group Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.