Overview
What is Moses Cone Physician Services Inc?
Moses Cone Physician Services Inc is a North Carolina-based nonprofit organization, specifically located at 1200 North Elm Street in Greensboro, with a team of 1003 employees. Their mission is to deliver exceptional healthcare services to their communities, encompassing 451,724 office, hospital, and telehealth visits this year. Approximately 61.73% of their total gross charges are attributed to Medicare or Medicaid patients. They remain dedicated to their mission, preventing illness and restoring health, while providing comfort to their patients. Additionally, they have extended their reach by offering $5,866,777 of charity care to the community.
Official website here: www.conehealth.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 66% (Two-Star out of Four Star rating)
Moses Cone Physician Services Inc has received a Two-Star rating from Charity Navigator, indicating some concerns about its accountability and financial practices. The overall rating is derived solely from its accountability and finance score, which stands at 66%. This suggests that while the organization has strengths, particularly in its program expense ratio at 90%, there are significant weaknesses that need to be addressed.
One of the notable strengths of this nonprofit is its strong financial oversight mechanisms, as evidenced by perfect scores in areas such as the audit and oversight committee and the presence of conflict of interest and whistleblower policies. However, the organization lacks independent board members, which raises concerns about governance and objectivity. This absence of independent oversight can affect stakeholder confidence and may lead to questions about the effectiveness of decision-making processes.
Additionally, the organization has a high liabilities to assets ratio, suggesting potential financial vulnerability. This could be a red flag for donors and stakeholders looking for reassurance about the organization's financial health. While Moses Cone Physician Services Inc has several robust policies in place, the lack of independent board representation and the concerning financial ratios highlight areas that require improvement for the organization to enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Moses Cone Physician Services Inc legitimate?
Moses Cone Physician Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moses Cone 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: $1,573,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $99,658,839
For more financial information, click here
Official website here: www.conehealth.com
What is the mission statement of Moses Cone Physician Services Inc?
Moses Cone Physician Services Inc is committed to serving their communities by preventing illness, restoring health, and providing comfort through exceptional care delivered by dedicated professionals. Their mission is to prevent illness and restore health, while ensuring the provision of compassionate care. In the past year, they offered 451,724 office, hospital, and telehealth visits. A significant portion of their gross charges came from Medicare or Medicaid patients, with the company extending $5,866,777 in charity care to the community.
Official website here: www.conehealth.com
Who is the CEO of Moses Cone Physician Services Inc?
Martin Portillo Md is the Principal Officer of Moses Cone Physician Services Inc.
Official website here: www.conehealth.com
What is the revenue of Moses Cone Physician Services Inc?
Moses Cone Physician Services Inc's revenue in 2022 was $83,503,529.
Official website here: www.conehealth.com
Who are the executives of Moses Cone Physician Services Inc and what are their salaries?
The average compensation at Moses Cone Physician Services Inc during 2022 was $100,929. There are 1003 employees at Moses Cone Physician Services Inc.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $2,324,056
- Other: $81,963
- Compensation: $0
- Related: $1,639,725
- Other: $18,678
- Compensation: $1,381,863
- Related: $0
- Other: $28,190
- Compensation: $1,279,298
- Related: $0
- Other: $40,173
- Compensation: $1,076,765
- Related: $0
- Other: $28,246
- Compensation: $974,569
- Related: $0
- Other: $74,175
- Compensation: $939,468
- Related: $0
- Other: $84,001
- Compensation: $834,977
- Related: $0
- Other: $34,842
- Compensation: $0
- Related: $756,094
- Other: $87,460
- Compensation: $0
- Related: $735,682
- Other: $40,617
- Compensation: $482,991
- Related: $0
- Other: $87,004
- Compensation: $357,533
- Related: $0
- Other: $36,779
- Compensation: $328,203
- Related: $0
- Other: $26,757
- Compensation: $0
- Related: $259,775
- Other: $7,714
Official website here: www.conehealth.com
Where can I find the form 990 for Moses Cone Physician Services Inc?
Moses Cone Physician Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.conehealth.com
Learn more at the official website: www.conehealth.com
Mission Statement of Moses Cone Physician Services Inc
Moses Cone Physician Services Inc is dedicated to making a difference in the lives of individuals in their communities. Through exceptional care delivered by exceptional people, this organization strives to prevent illness, restore health, and provide comfort. Their mission is threefold: preventing illness, restoring health, and offering comfort.
The preventive aspect of Moses Cone Physician Services Inc's mission is geared towards keeping people healthy and avoiding potential health issues. By delivering top-notch care, they aim to reduce the likelihood of illness and promote overall wellbeing.
In the realm of restoring health, Moses Cone Physician Services Inc plays a crucial role in helping individuals recover from various health conditions. Their team of skilled professionals works tirelessly to ensure that patients receive the care they need to regain their health and vitality.
Furthermore, Moses Cone Physician Services Inc extends its compassionate care to those in need, offering comfort and understanding during challenging times. Their dedicated team not only focuses on treating medical conditions but also prioritizes the emotional wellbeing of their patients.
This year, Moses Cone Physician Services Inc has provided a significant number of office, hospital, and telehealth visits, totaling 451,724. A considerable portion of their patient base consists of Medicare or Medicaid patients, making up 61.73% of the total gross charges booked. Additionally, the organization has demonstrated its commitment to the community by providing $5,866,777 in charity care.
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Impact
October, 2024
Moses Cone Physician Services Inc significantly impacts the Greensboro community and surrounding areas by providing comprehensive healthcare services aimed at preventing illness and restoring health. With a remarkable 451,724 office, hospital, and telehealth visits in the past year, it plays a vital role in ensuring that individuals receive necessary medical attention.
A substantial portion of their services is dedicated to Medicare and Medicaid patients, who represent 61.73% of total gross charges, highlighting the organization's commitment to servicing vulnerable populations. Additionally, the provision of $5,866,777 in charity care underscores their dedication to making healthcare accessible to those in need. Through exceptional care delivered by highly trained professionals, Moses Cone Physician Services Inc not only addresses immediate medical concerns but also fosters overall community wellness, enhancing the quality of life for residents in Greensboro and beyond.
This information is meant to be a general summary of Moses Cone 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.
- Investment Income: -$135,607
- Program Service Revenue: $80,732,666
- Gross Receipts: $84,004,988
Assets and Liabilities:
- Total Assets: $47,087,008
- Total Liabilities: $329,122,409
- Net Assets: -$282,035,401
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$76,464,994
SERVICES TO PATIENTS
Revenue
$416,145
SERVICES TO AFFILIATE ORGANIZATIONS
Revenue
$637,378
SERVICES TO GOVERNMENT AGENCIES
Revenue
$3,206,949
ALL OTHER SERVICE REVENUE
Revenue
$7,200
Organization Details
Founding Year
2008
Phone
(336) 832-7000Principal Officer
Martin Portillo Md
Main Address
1200 NORTH ELM STREET, GREENSBORO, NC, 27401
Website
www.conehealth.comNTEE Category
Code: E30 - Health
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