Musc Health Partners

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

EIN: 813987037 ✦ Charleston, SC ✦ Designated as a 501(c)(3)

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Overview

What is Musc Health Partners?

Musc Health Partners, a South Carolina-based nonprofit corporation, is dedicated to supporting University Medical Associates of the Medical University of South Carolina (UMA). This partnership aims to enhance and promote UMA, a tax-exempt organization under Section 501(C)(3) of the Internal Revenue Code. Musc Health Partners operates primarily by managing Carolina Primary Care Physicians, LLC (CPCP), a South Carolina limited liability company. CPCP employs clinical and administrative staff who provide professional services to Carolina Family Care, Inc., a corporation that operates approximately 66 medical clinics across Charleston, Florence, and Lancaster, South Carolina. The partnership with CPCP allows physicians and staff to be employed on favorable terms, contributing to cost-effective community medical services. Musc Health Partners also provides professional services to other entities, such as Georgetown Radiation Therapy Center and Tidelands Neurosciences. Overall, Musc Health Partners serves to strengthen and advance the medical services provided by UMA and its affiliated entities.


Official website here: www.muschealth.org

Is Musc Health Partners legitimate?

Musc Health Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Musc Health Partners 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: $2,082,621

For more financial information, click here


Official website here: www.muschealth.org

What is the mission statement of Musc Health Partners?

Musc Health Partners is a nonprofit organization that aims to support University Medical Associates (UMA) of the Medical University of South Carolina. Its primary objective is to advance and enhance UMA's provision of inpatient and outpatient services, benefiting both UMA and the larger community. To achieve this, Musc Health Partners manages Carolina Primary Care Physicians, LLC (CPCP), which employs clinical and administrative staff. CPCP provides professional services to Carolina Family Care, Inc., a corporation that operates medical clinics throughout South Carolina. This arrangement allows UMA and Carolina Family Care to offer cost-effective community medical services without being burdened by academic health system requirements. Musc Health Partners also provides professional services directly, such as at Georgetown Radiation Therapy Center and Tidelands Neurosciences.


Official website here: www.muschealth.org

Who is the CEO of Musc Health Partners?

Terrence Steyer is the Director of Musc Health Partners. The CEO's salary of Musc Health Partners is $0 and their total compensation is $769,858.


Official website here: www.muschealth.org

What is the revenue of Musc Health Partners?

Musc Health Partners's revenue in 2022 was $3,484,423.


Official website here: www.muschealth.org

Who are the executives of Musc Health Partners and what are their salaries?

The average compensation at Musc Health Partners during 2022 was $24,501. There are 85 employees at Musc Health Partners.


Here are 14 key members and their salaries (Musc Health Partners's CEO's salary is $0 and their total compensation is $769,858):


Matt Severance (Director)
  • Compensation: $0
  • Related: $860,904
  • Other: $62,099
Gene Hong Md (Ceo)
  • Compensation: $0
  • Related: $728,059
  • Other: $41,799
Andrew Eiseman Md (Treasurer)
  • Compensation: $0
  • Related: $603,426
  • Other: $57,036
Terrence Steyer Md (President)
  • Compensation: $0
  • Related: $494,659
  • Other: $87,612
Susan Ackerman Md (Director)
  • Compensation: $0
  • Related: $546,008
  • Other: $73,555
John Mcdonald Md (Director)
  • Compensation: $0
  • Related: $250,892
  • Other: $21,135
Graham Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Case (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Plater (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diann Krywko Md (Director)
  • Compensation: $0
  • Related: $380,451
  • Other: $73,690
Jonathan Edwards (Director)
  • Compensation: $0
  • Related: $598,356
  • Other: $74,467
Malcolm Eggart Md (Physician)
  • Compensation: $289,892
  • Related: $0
  • Other: $2,562
Heather Reardon (Manager)
  • Compensation: $108,685
  • Related: $0
  • Other: $20,095
Deniece Sanders (Manager)
  • Compensation: $122,798
  • Related: $0
  • Other: $10,125


Official website here: www.muschealth.org

Where can I find the form 990 for Musc Health Partners?

Musc Health Partners's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.muschealth.org

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

Mission Statement of Musc Health Partners

Musc Health Partners, a South Carolina nonprofit corporation, was formed with the primary objective of advancing and supporting University Medical Associates (UMA) of the Medical University of South Carolina (MUSC). This organization, which is tax-exempt under Section 501(c)(3) of the Internal Revenue Code, plays a crucial role in facilitating the provision of inpatient and outpatient services through UMA. The main MUSC campus is located in downtown Charleston, South Carolina, but Musc Health Partners extends its reach beyond this location, deploying clinical resources into communities outside of the Charleston main campus.

Musc Health Partners achieves this objective primarily through its ownership and management of Carolina Primary Care Physicians, LLC (CPCP). CPCP is a manager-managed limited liability company, with the Chief Executive Officer of Musc Health Partners and the Chief Physician Executive of UMA serving as its managers. The corporation is the sole member of CPCP, which employs clinical and administrative staff who provide professional services to Carolina Family Care, Inc., a South Carolina corporation that operates approximately 66 medical clinics located in Charleston, Florence, and Lancaster, South Carolina. The flexibility to offer varying terms and conditions of employment through CPCP allows Musc Health Partners and Carolina Family Care to provide community medical services in a cost-effective manner.

In addition to these services, Musc Health Partners provides management services to CPCP and contracts with UMA and, in some instances, MUHA to provide a portion of the management services. The organization also offers professional services by and through employed physicians to various entities, including Georgetown Radiation Therapy Center, a joint venture owned by Georgetown Hospital System and UMA, and Tidelands Neurosciences, an neurosurgery practice in the Georgetown county area developed by Musc Health Partners, Georgetown Hospital System, and Waccamaw Community Hospital.

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Impact




October, 2024

Musc Health Partners plays a significant role in enhancing healthcare accessibility and quality in South Carolina. By operating and managing a network of healthcare facilities, they facilitate the delivery of both inpatient and outpatient services, primarily benefiting the communities surrounding Charleston but extending throughout the state.

Central to their operation is the Carolina Primary Care Physicians (CPCP), which employs clinical and administrative staff to provide comprehensive healthcare services. This structure allows Musc Health Partners to optimize employment conditions for healthcare professionals, enabling them to offer competitive terms that are especially crucial in attracting and retaining talent in the medical field. As a result, they support the provision of essential community medical services in a cost-effective manner.

Musc Health Partners also ensures that specialized medical services are available locally, exemplified by their collaborative efforts with facilities like the Georgetown Radiation Therapy Center and Tidelands Neurosciences. Through these partnerships, they not only enhance healthcare diversity but also address specific community needs, ensuring that individuals have access to specialized care without having to travel far.

Overall, Musc Health Partners exemplifies a commitment to advancing healthcare delivery through strategic management, resource allocation, and collaborative initiatives—directly impacting community health and well-being across South Carolina.




This information is meant to be a general summary of Musc Health Partners. 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
$3,484,423 (2022)
Expenses
$3,401,312 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $3,479,137
  • Gross Receipts: $3,484,423

Assets and Liabilities:

  • Total Assets: $2,085,150
  • Total Liabilities: $1,757,522
  • Net Assets: $327,628

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Programs

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

PROGRAM SERVICE REVENU

Revenue

$3,479,137

Organization Details

Founding Year

2016

Principal Officer

Terrence Steyer

Main Address

1 POSTON RD 350, CHARLESTON, SC, 29407

NTEE Category

Code: E11 - Health

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