MedHealth (EIN 752896138) - 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

2000

Legal Domicile

Phone

2148844727

Tax Period

2023-10-01 to 2024-09-30

MedHealth, founded in 2000, is a major nonprofit in the Health Care sector that reported $153.9M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $260.8M exceeded revenue, resulting in a 69% operating deficit.

Mission

To provide physician services to support Methodist Hospitals of Dallas.

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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 $296,390

Program Service Revenue $153,648,548

Investment Income $190

Other Revenue $0

TOTAL REVENUE $153,945,128

Expense Breakdown

Grants Paid $7,500

Salaries & Benefits $199,559,371

Fundraising Expenses $0

Program Expenses $204,032,474

Other Expenses $61,224,402

TOTAL EXPENSES $260,791,273

Year-over-Year Comparison

	2023	2022	Change
Revenue	$153,945,128	$137,916,473	+0.1%
Expenses	$260,791,273	$225,382,457	+0.2%
Net Income	$-106,846,145	$-87,465,984	+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

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

1270

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

$2,201,813

Total Directors

$14,328,607

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Myers MD	President	0.1	Officer Director	$0	$149,980	$950,973
AKASH GHAI	DIRECTOR	40.0	Director	$1,211,554	$13,436	$1,224,990
ASHLEY PIRISINO MD	DIRECTOR	40.0	Director	$431,395	$37,425	$468,820
Bhavisha Bhakta Nunez DO	DIRECTOR (BEGINNING DEC 2023)	40.0	Director	$454,290	$31,342	$485,632
BRADLEY PIRTLE DO	DIRECTOR	40.0	Director	$453,773	$54,432	$508,205
DANNY HOLLAND DO	DIRECTOR	40.0	Director	$1,166,501	$45,149	$1,211,650
DENISE JOHNSON MD	DIRECTOR	40.0	Director	$295,050	$21,627	$316,677
DEREK WILLIAMS MD	DIRECTOR	40.0	Director	$1,186,913	$23,732	$1,210,645
HECTOR NAZARIO MD	DIRECTOR	40.0	Director	$595,253	$41,615	$636,868
JENNIFER BANG-SAMBANDAM MD	DIRECTOR	40.0	Director	$393,979	$26,105	$420,084
JOSEPH DARRYL AMOS MD	DIRECTOR	40.0	Director	$880,241	$60,711	$944,702
KYLE OHOLENDT MD	DIRECTOR (BEGINNING DEC 2023)	40.0	Director	$271,663	$33,820	$305,483
MICHAEL S MARSHALL MD	DIRECTOR	40.0	Director	$518,343	$49,445	$567,788
NANCY GEORGEKUTTY ALEXANDER MD	DIRECTOR	40.0	Director	$389,586	$39,519	$429,105
NGHI PHAN MD	DIRECTOR (BEGINNING DEC 2023)	40.0	Director	$616,649	$35,898	$652,547
NIMESH PATEL MD	DIRECTOR	40.0	Director	$2,151,436	$22,866	$2,174,302
PAMELA SANTONE MD	DIRECTOR	40.0	Director	$412,950	$34,116	$447,066
PAUL DEROSE MD	DIRECTOR	40.0	Director	$1,001,394	$57,012	$1,058,406
RAJASREE NAIR MD	DIRECTOR	0.1	Director	$0	$13,301	$314,664
Andrew Shea	Compliance Officer, Treasurer and CFO	40.0	Officer	$314,806	$39,181	$353,987
JAE SCHMIDT	VP BUSINESS DEVELOPMENT	40.0	Officer	$263,150	$29,062	$292,212
STEPHANIE STURGIN	SECRETARY AND VP OPERATIONS	40.0	Officer	$290,660	$30,308	$320,968
SUNSHINE MAXWELL	VP - PRIMARY CARE, INTEGRATED SERVICES	40.0	Officer	$0	$0	$0
YVETTE CHAPMAN	VP TRANSPLANT	0.1	Officer	$0	$44,583	$283,673
BARTLEY MITCHELL MD	PHYSICIAN-ENDOVASCULAR NEUROSURGERY	40.0	Highest	$1,979,261	$47,960	$2,027,221
JEREMY PARCELLS MD	PHYSICIAN-GENERAL SURGERY	40.0	Highest	$1,900,391	$40,756	$1,941,147
RICHARD MEYRAT MD	PHYSICIAN-NEUROSURGERY	40.0	Highest	$1,897,401	$54,305	$1,951,706
Samer Bibawi	PHYSICIAN-HEMATOLOGY/ONCOLOGY	40.0	Highest	$2,077,020	$49,083	$2,126,103
STEPHEN KATZEN	PHYSICIAN-NEUROSURGERY	40.0	Highest	$2,391,903	$12,251	$2,404,154
JOSHUA TRUSSELL MD	FORMER DIRECTOR	40.0		$781,876	$36,609	$818,485
JUAN GAVALDA MD	FORMER DIRECTOR	40.0		$611,652	$41,450	$653,102
MICHAEL OH MD	FORMER DIRECTOR	40.0		$3,090,306	$50,761	$3,141,067
NITESH PANDEY	FORMER OFFICER	0.0		$0	$11,433	$176,914
PAMELA STOYANOFF	FORMER OFFICER	0.0		$0	$229,404	$2,344,488

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	$153,945,128	$260,791,273	$588,692,300	$-106,846,145
2023	$137,916,473	$225,382,457	$353,736,282	$-87,465,984
2022	$124,748,959	$201,522,254	$132,214,207	$-76,773,295
2021	$118,800,257	$180,555,125	$39,197,902	$-61,754,868
2020	$97,793,920	$147,350,026	$32,943,497	$-49,556,106
2019	$97,061,776	$142,272,050	$26,348,118	$-45,210,274
2018	$79,901,280	$116,211,482	$25,134,267	$-36,310,202

MedHealth