SPIRIT PHYSICIAN SERVICES INC

EIN: 251766971 501(c)(3)

HERSHEY, PA

Total Revenue
$19,520,640
Total Expenses
$43,204,967
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
PA
Principal Officer
STEVE MASSINI
Phone
7177632100
Tax Period
2022-07-01 to 2023-06-30

SPIRIT PHYSICIAN SERVICES INC, founded in 1995, is a mid-sized nonprofit that reported $19.5M in total revenue in fiscal year 2022. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $43.2M exceeded revenue, resulting in a 121% operating deficit.

Mission

SPIRIT PHYSICIAN SERVICES, INC. SUPPORTS PENN STATE HEALTH HOLY SPIRIT MEDICAL CENTER'S MISSION AS A COMMUNITY HEALTH SYSTEM.

Program Service Accomplishments

Program 1
Expenses: $34,750,311 Revenue: $19,508,918

JUNE 30, 2023 SPIRIT PHYSICIANS SERVICES, INC. (SPSI) MERGED WITH AND INTO PENN STATE HEALTH COMMUNITY MEDICAL GROUP, LLC (CMG) AND SPSI CEASED EXISTENCE AS A SEPARATE ENTITY. CMG IS THE SURVIVING...

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JUNE 30, 2023 SPIRIT PHYSICIANS SERVICES, INC. (SPSI) MERGED WITH AND INTO PENN STATE HEALTH COMMUNITY MEDICAL GROUP, LLC (CMG) AND SPSI CEASED EXISTENCE AS A SEPARATE ENTITY. CMG IS THE SURVIVING ENTITY OF THE MERGER. SPIRIT PHYSICIAN SERVICES, INC'S. FAMILY HEALTH CENTERS OFFER PREVENTATIVE DIAGNOSTIC AND THERAPEUTIC MEDICAL SERVICES ON AN OUTPATIENT BASIS. THE FAMILY HEALTH CENTERS PROVIDE AN OUTREACH TO COMMUNITY RESIDENTS WITH MEDICAL CONDITIONS WHICH, IF NOT PROPERLY TREATED IN AN OUTPATIENT SETTING, MIGHT ULTIMATELY REQUIRE MORE EXPENSIVE AND CRITICAL INPATIENT CARE. THUS, THE CLINICS REDUCE HOSPITAL ADMISSIONS, DAYS OF STAY AND SURGICAL RATES. PENN STATE HEALTH HOLY SPIRIT MEDICAL CENTER OB/GYN OFFERS FREE INTRODUCTORY SESSIONS TO THE CREIGHTON MODEL FERTILITY CARETM SYSTEM AND NAPROTECHNOLOGY. THIS IS A FULLY INTEGRATED APPROACH TO WOMEN'S HEALTH THAT IS COMPLETELY PRO-LIFE IN ITS OUTLOOK AND THE TECHNIQUES IT EMPLOYS. IT IS PARTICULARLY USEFUL FOR EVALUATING AND TREATING INFERTILITY, RECURRENT PREGNANCY LOSS, ENDOMETRIOSIS, IRREGULAR PERIODS, PMS, OVARIAN CYSTS, AND POLYCYSTIC OVARY SYNDROME, AS WELL AS FOR FAMILY PLANNING.CVSI IS A GROUP OF CARDIOVASCULAR HEART SURGEONS. THIS GROUP USES ROBOTICS DURING SPECIFIC SURGERIES.GENERAL SURGERY IS A GROUP OF GENERAL SURGEONS. THIS GROUP PERFORMS A LARGE ASSORTMENT OF GENERAL SURGERY AND TRAUMA SURGERY PROCEDURES.ORTHOPEDIC PRACTICE IS A GROUP OF ORTHOPEDIC PHYSICIANS. THIS GROUP PERFORMS A LARGE ASSORTMENT OF OFFICE PROCEDURES, ORTHOPEDIC SURGERY, AND TRAUMA SURGERY PROCEDURES.DERMATOLOGY PRACTICE IS A GROUP OF DERMATOLOGY PHYSICIANS. THIS GROUP PERFORMS GENERAL DERMATOLOGY CARE AND SKIN CANCER SCREENINGS AND MOHS SURGERY FOR SKIN CANCER WHICH ALLOWS THE GREATEST AMOUNT OF HEALTHY TISSUE WHILE REMOVING BASAL CELL OR SQUAMOUS CELL CARCINOMAS.INFECTIOUS DISEASE PRACTICE IS A GROUP OF BOARD-CERTIFIED, FELLOWSHIP-TRAINED DISEASE SPECIALIST PHYSICIANS. THIS GROUP FOCUSES ON ALL TYPES OF INFECTIONS, INCLUDING THOSE CAUSED BY BACTERIA, VIRUSES, FUNGI, AND PARASITES OF THE SINUSES, HEART, LUNGS, URINARY TRACT, BONES, AND PELVIC ORGANS. THEY ALSO HAVE INSIGHT INTO THE USE OF ANTIBIOTICS AND THEIR POTENTIAL ADVERSE EFFECTS.UNCOMPENSATED CARESPIRIT PHYSICIAN SERVICES, INC. (SPSI) RECOGNIZES THAT ITS MISSION IS TO SERVE ALL THE MEMBERS OF THE COMMUNITY WITH RESPECT TO THE PROVISION OF HEALTHCARE SERVICES AND HEALTHCARE EDUCATION. SPSI PROVIDES QUALITY MEDICAL HEALTHCARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE OR ABILITY TO PAY. IN THIS REGARD, SPSI PROVIDES FREE CARE OR SUBSIDIZED CARE, TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS AT OR BELOW COST AND PROVIDES VARIOUS HEALTH ACTIVITIES AND PROGRAMS IN SUPPORT OF THE COMMUNITIES WHERE SPSI PRACTICES.A. CHARITY CARETHE PRIMARY CONCERN OF SPSI IS THE DELIVERY OF HEALTH CARE TO ALL THE CITIZENS OF THE GREATER HARRISBURG AREA AND SOUTH CENTRAL PENNSYLVANIA, REGARDLESS OF THEIR ABILITY TO PAY. THE UNREIMBURSED COST OF CHARITY CARE REPRESENTS THE COST SPSI INCURS BY PROVIDING FREE OR DISCOUNTED SERVICES TO THOSE WHO CANNOT AFFORD TO PAY. B. MEDICARE/MEDICAIDRECOGNIZING ITS MISSION TO THE COMMUNITY, SERVICES ARE PROVIDED TO THE ELDERLY (MEDICARE) AND THE POOR (MEDICAID). SPSI PROVIDES CARE, BELOW COST, TO PERSONS COVERED BY THESE GOVERNMENTAL PROGRAMS. TO THE EXTENT REIMBURSEMENT IS BELOW THE COST OF PROVIDING HEALTHCARE, SPSI IS FURTHERING ITS MISSION TO THE ENTIRE COMMUNITY. THE UNREIMBURSED VALUE OF MEDICARE AND/OR MEDICAID IS EQUAL TO THE COST OF PROVIDING SERVICES LESS THE AMOUNT OF REIMBURSEMENT RECEIVED UNDER THE PROGRAM. C. OTHER UNCOMPENSATED PATIENT SERVICESIN ADDITION, SPSI PROVIDES OTHER PATIENT SERVICES FOR WHICH FULL PAYMENT IS NOT RECEIVED. COMMUNITY HEALTH, EDUCATION AND OUTREACHSPIRIT PHYSICIAN SERVICES, INC. STRIVES TO SERVE AS PARTNERS TO THE COMMUNITIES IN WHICH THEY ARE LOCATED. SPSI PROVIDES CARE TO THE COMMUNITY THROUGH REDUCED PRICE SERVICES AND FREE PROGRAMS THROUGHOUT THE YEAR BASED UPON ACTIVITIES AND SERVICES THAT SPSI BELIEVES WILL SERVE A BONAFIDE COMMUNITY HEALTH NEED. THESE SERVICES AND PROGRAMS MAY INCLUDE SUPPORT GROUPS, HEALTH EDUCATION, WELLNESS FAIRS, HEALTH SCREENINGS, OR OTHER HEALTH RELATED PROGRAMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $19,046,478
Investment Income $0
Other Revenue $474,162
TOTAL REVENUE $19,520,640

Expense Breakdown

Grants Paid $0
Salaries & Benefits $34,207,598
Fundraising Expenses $0
Program Expenses $34,750,311
Other Expenses $8,997,369
TOTAL EXPENSES $43,204,967

Year-over-Year Comparison

2022 2021 Change
Revenue $19,520,640 $83,868,887 -0.8%
Expenses $43,204,967 $139,268,400 -0.7%
Net Income $-23,684,327 $-55,399,513 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
1
Employees
N/A
Volunteers
1

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$2,402,605
Total Directors
4
$2,776,784
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS STOESSEL DIRECTOR / PSH EVP 1.00
Director
$0 $61,645 $1,180,877
DEBORAH ADDO DIRECTOR / PSH COO 1.00
Director
$0 $48,852 $969,615
DONALD MCKENNA DIRECTOR / PRESIDENT 1.00
Officer Director
$0 $104,444 $626,292
SISTER JOANN MARIE AUMAND SCC DIRECTOR (THRU 6/23) 1.00
Director
$0 $0 $0
PAULA TINCH TREASURER / PSH CFO & EVP 1.00
Officer
$0 $119,863 $928,345
NICOLE LEHMAN INTERIM SEC. (PSU EMP) 1.00
Officer
$0 $97,256 $373,998
ROSS DARROW VICE PRESIDENT, TREASURER 1.00
Officer
$0 $61,619 $363,497
KATHLEEN MILLER ASSOC. SECRETARY 1.00
Officer
$0 $10,921 $110,473
SAFWAT GASSIS MD PHYSICIAN 40.00
Highest
$0 $62,024 $965,369
DAVID C MAN MD PHYSICIAN 40.00
Highest
$0 $61,922 $856,979
ANDREAS U WALI MD FACC FSCAI PHYSICIAN 40.00
Highest
$0 $62,024 $691,846
STEPHEN MASSINI FMR DIR (THRU 6/22) / PSH CEO 0.00
$0 $61,645 $1,661,502
PETER DILLON MD FMR DIR (THRU 6/22) / PSH EVP 0.00
$0 $55,758 $1,074,328
KYLE C SNYDER MHA FMR OFF (THRU 7/22) / REG. COO 0.00
$0 $72,765 $497,794
RANDY B MORRIS FMR OFF (THRU 10/20) / PSH VP FIN. 0.00
$0 $55,762 $400,356
ANNEMARIE BOYAN FMR SEC/PSH GC (PSU EMP) (THRU 2/22) 0.00
$0 $12,694 $154,783
J BRET DELONE FMR KE (THRU 6/21) / VP MED AFFAIRS 0.00
$0 $40,629 $600,550
SHUBHRA KUMAR-BRADLEY FMR KE (THRU 6/20) / PHYSICIAN 0.00
$0 $60,618 $401,689
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $19,520,640 $43,204,967 No data $-23,684,327
2022 $83,868,887 $139,268,400 $35,665,527 $-55,399,513
2021 $134,493,398 $225,545,050 $28,348,186 $-91,051,652
2020 $90,418,835 $157,835,509 $24,728,124 $-67,416,674
2019 $83,204,356 $134,948,561 $14,307,466 $-51,744,205
2018 $80,130,253 $129,918,417 $22,386,905 $-49,788,164
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