Prisma Health-University Medical Group (EIN 571004971) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Phone

8647977805

Tax Period

2023-10-01 to 2024-09-30

Prisma Health-University Medical Group, founded in 1994, is a major nonprofit in the Health Care sector that reported $893.4M in total revenue in fiscal year 2023. Expenses of $1.3B exceeded revenue, resulting in a 51% operating deficit.

Mission

INSPIRE HEALTH. SERVE WITH COMPASSION. BE THE DIFFERENCE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $893,575,813

Investment Income $-209,638

Other Revenue $23,787

TOTAL REVENUE $893,389,962

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,068,890,670

Fundraising Expenses $0

Program Expenses $1,151,007,365

Other Expenses $277,234,497

TOTAL EXPENSES $1,346,125,167

Year-over-Year Comparison

	2023	2022	Change
Revenue	$893,389,962	$856,919,091	+0.0%
Expenses	$1,346,125,167	$1,292,682,459	+0.0%
Net Income	$-452,735,205	$-435,763,368	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

5699

Volunteers

N/A

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

$6,539,051

Total Directors

$4,784,264

Key Employees

$8,411,180

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jonathan L Gleason MD	EVP Chief Clinical Officer (Chair)	1.0	Officer Director	$0	$245,207	$1,805,285
William R Hall	SVP COO Prisma Health Medical Group (Vice Chair start 9/24/24)	1.0	Officer Director	$0	$112,086	$849,771
Clarence M Sevillian II	EVP Chief Operating Officer (Secretary)	1.0	Director	$0	$312,799	$2,129,208
Alexander D Gladney	EVP Chief Legal Officer (start 9/5/23)	1.0	Officer	$0	$23,225	$355,904
Matthew M Elsey	EVP Chief Financial Officer	1.0	Officer	$0	$73,573	$1,821,225
Matthew RM Fowler	SVP-Deputy General Counsel (until 3/29/24)	1.0	Officer	$0	$106,147	$923,211
Susan L Mullinax	VP Medical Group Operations (until 12/31/23)	40.0	Officer	$697,465	$86,190	$783,655
Amy E Linsin	EVP Chief HR and Diversity Officer	1.0	Key Emp	$0	$173,850	$1,388,176
James H Lucas	SVP Government Affairs	1.0	Key Emp	$0	$65,319	$720,826
Malcolm W Isley	EVP Chief Strategy Officer	1.0	Key Emp	$0	$225,387	$939,814
Mark S O'Halla	President and CEO of Prisma Health	1.0	Key Emp	$0	$746,715	$2,934,885
Richard J Rogers	SVP Chief Information Officer	1.0	Key Emp	$0	$154,708	$1,522,981
William C Gerard MD	EVP Value Based Care/CMO Prisma Health Plans/CEO inVio Health Networks	1.0	Key Emp	$0	$144,322	$904,498
Adrian C Terry	Physician	40.0	Highest	$1,731,106	$25,468	$1,756,574
Barry R Davis	Physician	40.0	Highest	$1,363,843	$97,385	$1,461,228
Charles C Kanos	Physician	40.0	Highest	$1,596,163	$74,748	$1,670,911
Jake J Davenport	Physician	40.0	Highest	$1,482,971	$89,316	$1,572,287
Sanjay H Mahatma	Physician	40.0	Highest	$1,640,677	$51,073	$1,691,750
Carolyn R Swinton	Frmr SVP Chief Nursing Officer (until 2/7/22)	0.0		$0	$0	$215,457
Elizabeth Tibbs	SVP Chief Operating Officer, Medical Group (Vice Chair until 10/4/23)	0.0		$0	$95,918	$1,005,629
Gregory J Rusnak	Frmr EVP Chief Operating Officer (until 10/1/21)	0.0		$0	$106,080	$621,743
Howard P West	Frmr EVP Chief Legal Officer (until 9/30/23)	0.0		$0	$78,966	$1,965,578
Jean M Meyer	Frmr SVP-Acute Care Svcs & Chief Nursing Exec (until 9/30/23)	0.0		$0	$215,159	$1,600,249
Larry D Gosnell	Frmr SVP and Treasurer (until 12/28/22)	0.0		$0	$149,730	$846,297
Michael T Burke	Frmr EVP Chief Financial Officer (until 9/30/22)	0.0		$0	$9,150	$926,532
William S Cobb IV	CMO-Medical Group Upstate (until 12/28/22)	0.0		$0	$171,071	$1,354,827

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	$893,389,962	$1,346,125,167	$149,631,443	$-452,735,205
2023	$856,919,091	$1,292,682,459	$160,217,596	$-435,763,368
2022	$861,718,387	$1,194,451,023	$155,853,388	$-332,732,636
2021	$657,970,757	$940,012,377	$134,365,616	$-282,041,620
2020	$636,023,637	$849,078,240	$81,280,382	$-213,054,603
2019	$614,637,789	$820,377,258	$110,070,456	$-205,739,469

Prisma Health-University Medical Group