Methodist Patient Centered ACO

EIN: 352436666 501(c)(3) Health Care

Dallas, TX

Total Revenue
$3,491,205
Total Expenses
$5,636,012
Total Assets
$5,601,499
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
TX
Phone
2149474510
Tax Period
2023-10-01 to 2024-09-30

Methodist Patient Centered ACO, founded in 2012, is a community nonprofit in the Health Care sector that reported $3.5M in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $5.6M exceeded revenue, resulting in a 61% operating deficit.

Mission

TO OPERATE AN ACCOUNTABLE CARE ORGANIZATION (ACO) TO (A) PARTICIPATE IN THE MEDICARE SHARED SAVINGS PROGRAM (MSSP) AS SET FORTH IN SECTION 1899 OF THE SOCIAL SECURITY ACT AND RELEASED REGULATIONS, (B) SERVE AS A VEHICLE FOR ADVANCING METHODIST HEALTH SYSTEM'S CLINICAL INTEGRATION AND QUALITY INITIATIVES, (C) SERVE AS A VEHICLE TO MANAGE, COORDINATE, AND PROMOTE ACCOUNTABILITY FOR THE QUALITY, PATIENT SAFETY, COST, AND OVERALL CARE OF PATIENTS, INCLUDING MEDICARE BENEFICIARIES, AND (D) SERVE AS A NETWORK TO PROVIDE COORDINATED QUALITY AND COST-EFFECTIVE MEDICAL AND HEALTH SERVICES.

Program Service Accomplishments

Program 1
Expenses: $4,967,276 Revenue: $3,381,376

METHODIST PATIENT CENTERED ACO (MPCACO) IS A TEXAS NONPROFIT CORPORATION FORMED TO PARTICIPATE IN THE MEDICARE SHARED SAVINGS PROGRAM (MSSP) AS AN ACCOUNTABLE CARE ORGANIZATION (ACO). ON JULY 1...

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METHODIST PATIENT CENTERED ACO (MPCACO) IS A TEXAS NONPROFIT CORPORATION FORMED TO PARTICIPATE IN THE MEDICARE SHARED SAVINGS PROGRAM (MSSP) AS AN ACCOUNTABLE CARE ORGANIZATION (ACO). ON JULY 1, 2012, THE CENTER FOR MEDICARE AND MEDICAID SERVICES (CMS) SELECTED MPCACO TO PARTICIPATE IN ITS MSSP. METHODIST HOSPITALS OF DALLAS (MHD) IS A TEXAS NONPROFIT CORPORATION AND A 501(C)(3) ORGANIZATION. MHD IS THE SOLE MEMBER OF MPCACO. MHD PROVIDES QUALITY INTEGRATED CARE TO IMPROVE AND SAVE LIVES OF INDIVIDUALS THROUGHOUT NORTH TEXAS. AS REQUIRED BY SECTION 425.106(c) OF THE MSSP REGULATIONS, SECTION 321 OF THE MPCACO AMENDED AND RESTATED BYLAWS REQUIRES THAT AT LEAST 75% OF THE MEMBERS OF THE BOARD SHALL BE ACO PARTICIPANTS AS DEFINED IN THE MSSP REGULATIONS, OR REPRESENTATIVES OF THOSE PARTICIPANTS, TO ENSURE MPCACO IS OPERATED IN FURTHERANCE OF MHD'S EXEMPT PURPOSES. DURING THE MOST RECENT REPORTING PERIOD OF JANUARY 1, 2023 THROUGH DECEMBER 31, 2023, MEDICARE ADVISED THE ACO IT HAD PROPERLY REPORTED ON ALL REQUIRED QUALITY METRICS AND ACHIEVED MEDICARE SAVINGS OF $3,659,552 IN ONE MEASUREMENT PERIOD OF 2023 ON THE MEDICARE POPULATION SERVED BY THE ACO. MPCACO MOVED FROM THE BASIC TRACK TO ENHANCED TRACK ON JULY 1, 2019. PURSUANT TO THE SHARED SAVING AGREEMENT, 39% OF THAT TOTAL SAVINGS WAS DISTRIBUTED TO THE ACO. SUBSEQUENTLY, A PORTION OF THAT DISTRIBUTION WAS SHARED WITH PHYSICIANS WHO HAD SIGNED UP FOR THE SHARED SAVINGS PROGRAM AND HAD ACHIEVED A MINIMUM NUMBER OF POINTS (10) BY COMPLETING TASKS OF PERFORMANCE IMPROVEMENT, ACO CITIZENSHIP, QUALITY AND/OR ELECTRONIC MEDICAL RECORDS. AN ADDITIONAL PORTION WAS DISTRIBUTED TO THE HOSPITALS IN THE METHODIST HEALTH SYSTEM AND THE BALANCE WAS RETAINED TO OFFSET A PORTION OF THE ADMINISTRATIVE COSTS OF THE ACO.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,381,376
Investment Income $109,829
Other Revenue $0
TOTAL REVENUE $3,491,205

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,342
Fundraising Expenses $0
Program Expenses $4,967,276
Other Expenses $5,628,670
TOTAL EXPENSES $5,636,012

Year-over-Year Comparison

2023 2022 Change
Revenue $3,491,205 $5,283,244 -0.3%
Expenses $5,636,012 $6,515,357 -0.1%
Net Income $-2,144,807 $-1,232,113 +0.7%
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
12
Independent Members
5
Employees
N/A
Volunteers
18

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
3
$2,709,148
Total Directors
13
$8,184,624
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN JONES MD CHAIR / PRESIDENT / CHIEF MEDICAL OFFICER 0.1
Officer Director
$0 $54,741 $587,455
SHANNON HUGGINS SECRETARY / VP OF COMPLIANCE 0.1
Officer Director
$0 $62,380 $569,785
ALFONSO RAMIREZ MD DIRECTOR 0.1
Director
$7,342 $0 $7,342
BASSEM MOSTAFA-ELSAWY MD DIRECTOR (THROUGH JAN 2024) 0.1
Director
$0 $30,278 $259,529
JAMES C SCOGGIN JR DIRECTOR 0.1
Director
$0 $77,284 $3,796,556
John Myers MD DIRECTOR 0.1
Director
$0 $149,980 $950,973
LUCIOUS WILLIAMS MD DIRECTOR 0.1
Director
$0 $0 $0
MARTIN L KOONSMAN MD DIRECTOR 0.1
Director
$0 $141,680 $1,121,327
MATT MULLER MD DIRECTOR 0.1
Director
$0 $0 $0
MICHAEL L FINCH MD DIRECTOR 0.1
Director
$0 $0 $9,205
MICHAEL S MARSHALL MD DIRECTOR 0.1
Director
$0 $49,445 $567,788
RAJASREE NAIR MD DIRECTOR 0.1
Director
$0 $13,301 $314,664
SAMIR NANGIA MD DIRECTOR 0.1
Director
$0 $0 $0
CRAIG BJERKE TREASURER 0.1
Officer
$0 $165,387 $1,551,908
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
2024 $3,491,205 $5,636,012 $5,601,499 $-2,144,807
2023 $5,283,244 $6,515,357 $7,849,824 $-1,232,113
2022 $5,219,838 $6,445,832 $8,133,362 $-1,225,994
2021 $6,532,302 $7,802,034 $1,181,995 $-1,269,732
2020 $4,414,379 $5,672,409 $3,165,152 $-1,258,030
2019 $6,779,994 $7,475,004 $4,825,353 $-695,010
2018 $7,096,303 $7,403,834 $6,772,649 $-307,531
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