Orlando Health Medical Group Inc

EIN: 593259553 501(c)(3) Health Care

ORLANDO, FL

Total Revenue
$1,080,642,221
Total Expenses
$1,591,640,301
Total Assets
$474,308,558
Net Assets
$89,109,483
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
FL
Phone
3218415078
Tax Period
2023-10-01 to 2024-09-30

Orlando Health Medical Group Inc, founded in 1994, is a large national nonprofit in the Health Care sector that reported $1.1B in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $1.6B exceeded revenue, resulting in a 47% operating deficit.

Mission

OUTPATIENT AND PHYSICIAN SUPPORT SERVICES. PROVISION OF SPECIALTY PHYSICIAN SERVICES, OUTPATIENT PHYSICIAN BILLING SERVICES PROVIDED ON BEHALF OF EXEMPT AFFILIATES.

Program Service Accomplishments

Program 1
Expenses: $1,546,857,963 Revenue: $1,078,409,135

ORLANDO HEALTH MEDICAL GROUP, INC. SERVES AS AN INTEGRAL COMPONENT OF ORLANDO HEALTH, INC.'S INTEGRATED DELIVERY SYSTEM THROUGH THE PROVISION OF HEALTH CARE SERVICES TO THE COMMUNITY, BY INCLUDING...

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ORLANDO HEALTH MEDICAL GROUP, INC. SERVES AS AN INTEGRAL COMPONENT OF ORLANDO HEALTH, INC.'S INTEGRATED DELIVERY SYSTEM THROUGH THE PROVISION OF HEALTH CARE SERVICES TO THE COMMUNITY, BY INCLUDING OCCUPATIONAL HEALTH SERVICES, REHABILITATION HEALTH SERVICES, AND BEHAVIORAL HEALTH SERVICES. TO MEET THE NEEDS OF ITS COMMUNITY, ORLANDO HEALTH MEDICAL GROUP, INC. HAS 1,124 FULLY INTEGRATED EMPLOYED PHYSICIANS THAT REPRESENT MORE THAN 55 SPECIALTIES LOCATED THROUGHOUT ORLANDO AND CENTRAL FLORIDA, IN ADDITION TO PROVIDING VALUABLE MEDICAL EDUCATION TRAINING TO ORLANDO HEALTH, INC.'S MEDICAL RESIDENCY PROGRAMS. THIS MULTI-SPECIALTY ORGANIZATION IS DESIGNED TO FACILITATE A CLINICALLY INTEGRATED DELIVERY OF CARE BASED ON BEST PRACTICES AND EVIDENCE-BASED MEDICINE, ENSURING THE BEST CARE AVAILABLE FOR OUR PATIENTS. ORLANDO HEALTH'S PHYSICIAN STRATEGY IS DESIGNED TO CHANGE THE WAY CARE IS DELIVERED TO OUR PATIENTS. IN A NEW ERA OF HEALTHCARE REFORM, HEALTH SYSTEMS ARE QUICKLY RECOGNIZING THE NEED TO IMPROVE PERFORMANCE BY ENHANCING EFFICIENCY, ACCESS, QUALITY AND COST METRICS. CONSOLIDATING ALL EMPLOYED PHYSICIANS UNDER A SINGLE ENTITY AND TIN CREATES MANY EFFICIENCIES FOR THE ORGANIZATION AS IT RELATES TO THE BILLING AND COLLECTIONS PROCESS; STANDARDIZATION OF OPERATIONAL AND CLINICAL PROTOCOLS AND PROCESSES; IMPROVED REPORTING STRUCTURE; AND THE OVERALL COORDINATION OF PATIENT CARE AMONGST ALL OF OUR PHYSICIANS AND SPECIALISTS. THIS ENABLES AN ORGANIZATIONAL MECHANISM FOR DEVELOPING CLINICAL QUALITY STANDARDS, EMPLOYING AND MANAGING PHYSICIANS WHO PRACTICE WITHIN THOSE STANDARDS, AND CREATING PERFORMANCE IMPROVEMENT PROTOCOLS THAT DRIVE EFFICIENCY, QUALITY AND OVERALL VALUE TO PATIENTS WITHIN OUR COMMUNITY. ANNUAL VISITS: 59,876 BEHAVIORAL, 114,725 REHAB, AND 5,105,470 PHYSICIANS.

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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 $1,777,025
Program Service Revenue $1,078,409,135
Investment Income $300,520
Other Revenue $155,541
TOTAL REVENUE $1,080,642,221

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,285,672,606
Fundraising Expenses $0
Program Expenses $1,546,857,963
Other Expenses $305,967,695
TOTAL EXPENSES $1,591,640,301

Year-over-Year Comparison

2023 2022 Change
Revenue $1,080,642,221 $742,757,174 +0.5%
Expenses $1,591,640,301 $1,169,124,814 +0.4%
Net Income $-510,998,080 $-426,367,640 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
Employees
7888
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
4
$7,090,461
Total Directors
3
$4,853,649
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cary J Dtona President, OHMG, Secretary/Treasurer 50.0
Officer Director
$0 $115,173 $949,508
Jamal A Hakim MD Director, Chairman 5.0
Officer Director
$0 $49,817 $3,056,421
Mark A Jones Director 2.0
Director
$0 $113,292 $847,720
Bernadette Spong Interim CFO (As of July 2024) 2.0
Officer
$0 $13,667 $810,707
Leslie Flake Chief Financial Officer (Until July 2024) 2.0
Officer
$0 $174,203 $2,273,825
Joel Alberto Garcia MD Interventional Cardiologist, Program Dir, Cardiac Fellowship 55.0
Highest
$2,301,379 $56,388 $2,357,767
Kiran Mogali Interventional Cardiologist, South Lake Cath Lab medical Director 55.0
Highest
$2,200,814 $51,202 $2,252,016
Mark W Munro MD Orthopedic Surgeon 55.0
Highest
$2,191,816 $58,804 $2,250,620
Patrick W Fisher Invasive Cardiologist 55.0
Highest
$2,505,052 $57,968 $2,563,020
Sumith Aleti Interventional Cardiologist, Health Central Cath Lab Medical Director 55.0
Highest
$2,278,598 $44,997 $2,323,595
Sunil S Desai MD Pulmonary Critical Care Physician, Former OHMG President/Chairman 55.0
$2,204,205 $167,731 $2,371,936
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 $1,080,642,221 $1,591,640,301 $474,308,558 $-510,998,080
2023 $742,757,174 $1,169,124,814 $493,005,494 $-426,367,640
2022 $566,028,232 $860,931,860 $152,843,515 $-294,903,628
2021 $483,065,303 $744,877,977 $112,173,439 $-261,812,674
2020 $364,756,876 $571,596,651 $107,082,552 $-206,839,775
2018 $255,061,880 $379,531,432 $56,252,552 $-124,469,552
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