CHARLESTON, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MUSC HEALTH PARTNERS, founded in 2016, is a mid-sized nonprofit in the Health Care sector that reported $14.5M in total revenue in fiscal year 2022. Revenue surged 316% from the prior year, signaling strong growth momentum.
MUSC HEALTH PARTNERS(THE CORPORATION) IS A SOUTH CAROLINA NONPROFIT CORPORATION. THE CORPORATION WAS FORMED TO ADVANCE AND SUPPORT UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (UMA), A SOUTH CAROLINA NONPROFIT CORPORATION WHICH IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
OPERATES THE HEALTH CARE SYSTEM FACILITIES. UMA IS A PHYSICIAN PRACTICE FOR MUSC CLINICAL FACULTY THAT FACILITATES THE PROVISION OF INPATIENT AND OUTPATIENT SERVICES IN FURTHERANCE AND FOR THE...
OPERATES THE HEALTH CARE SYSTEM FACILITIES. UMA IS A PHYSICIAN PRACTICE FOR MUSC CLINICAL FACULTY THAT FACILITATES THE PROVISION OF INPATIENT AND OUTPATIENT SERVICES IN FURTHERANCE AND FOR THE BENEFIT OF MUSC. THE MAIN MUSC CAMPUS IS LOCATED IN DOWNTOWN CHARLESTON, SOUTH CAROLINA, BUT EDUCATES AND SERVES INDIVIDUALS PRIMARILY THROUGHOUT THE STATE. THE CORPORATION FACILITATES THE DEPLOYMENT OF CLINICAL RESOURCES INTO COMMUNITIES OUTSIDE OF THE CHARLESTON MAIN CAMPUS OF THE HEALTH SYSTEM. THE CORPORATION ACCOMPLISHES THIS OBJECTIVE PRIMARILY THROUGH ITS OWNERSHIP AND MANAGEMENT OF CAROLINA PRIMARY CARE PHYSICIANS, LLC (CPCP), A SOUTH CAROLINA LIMITED LIABILITY COMPANY WHICH HAS ELECTED TO BE TAXED AS A CORPORATION. A COPY OF THE CPCP OPERATING AGREEMENT IS ATTACHED AS EXHIBIT 1. CPCP IS A MANAGER-MANAGED LIMITED LIABILITY COMPANY. THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION AND THE CHIEF PHYSICIAN EXECUTIVE OF UMA ARE THE MANAGERS. THE CORPORATION IS THE SOLE MEMBER OF CPCP.CPCP EMPLOYS CLINICAL AND ADMINISTRATIVE STAFF. CPCP EMPLOYEES PROVIDE PROFESSIONAL SERVICES TO CAROLINA FAMILY CARE, INC.(CFC), A SOUTH CAROLINA CORPORATION. CFC OPERATES APPROXIMATELY 66 MEDICAL CLINICS LOCATED IN CHARLESTON, FLORENCE, AND LANCASTER SOUTH CAROLINA. CFC IS OWNED BY UMA. THE CORPORATION PROVIDES MANAGEMENT SERVICES TO CPCP. THE CORPORATIONS OWNERSHIP AND MANAGEMENT OF CPCP AND CPCPS EMPLOYMENT OF PHYSICIANS AND STAFF ALLOWS PHYSICIANS TO BE EMPLOYED ON TERMS AND CONDITIONS THAT WOULD NOT OTHERWISE BE AVAILABLE IF THE PHYSICIANS ANDSTAFF WERE EMPLOYED DIRECTLY BY UMA. THE FLEXIBILITY TO OFFER DIFFERING TERMS AND CONDITIONS OF EMPLOYMENT FACILITATES THE ABILITY OF UMA AND CFC TO PROVIDE COMMUNITY MEDICAL SERVICES IN A COST-EFFECTIVE MANNER THAT IS NOT BURDENED BY THE REQUIREMENTS APPLICABLE TO AN ACADEMICHEALTH SYSTEM. CFC CONTRACTS WITH THE CORPORATION TO PROVIDE MANAGEMENT SERVICES. THE CORPORATION IN TURN SUBCONTRACTS WITH UMA AND, IN SOME INSTANCES, MUHA TO PROVIDE A PORTION OF THE MANAGEMENT SERVICES. IN ADDITION TO THE FORGOING, THE CORPORATION PROVIDES PROFESSIONAL SERVICES BY AND THROUGH EMPLOYED PHYSICIANS. PROFESSIONAL SERVICES ARE PROVIDED TO GEORGETOWN RADIATION THERAPY CENTER, A JOINT VENTURE OWNED BY GEORGETOWN HOSPITAL SYSTEM AND UMA, AND TIDELANDS NEUROSCIENCES, A NEUROSURGERY PRACTICE IN THE GEORGETOWN COUNTY AREA DEVELOPED BY THECORPORATION, GEORGETOWN HOSPITAL SYSTEM, AND WACCAMAW COMMUNITY HOSPITAL.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $14,478,265 | $3,484,423 | +3.2% |
| Expenses | $14,477,022 | $3,401,312 | +3.3% |
| Net Income | $1,243 | $83,111 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MATT SEVERANCE | CHIEF SYSTEM DEVELOPMENT OFFICER | 1.00 |
Officer
Director
|
$0 | $41,214 | $932,564 |
| GENE HONG MD | CEO | 1.00 |
Officer
Director
|
$0 | $42,601 | $786,942 |
| ANDREW EISEMAN MD | TREASURER | 1.00 |
Officer
Director
|
$0 | $57,285 | $692,284 |
| JOHN MCDONALD MD | DIRECTOR | 1.00 |
Director
|
$0 | $22,705 | $292,813 |
| GRAHAM ADAMS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANITA CASE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DIANN KRYWKO MD | DIRECTOR | 1.00 |
Director
|
$0 | $69,201 | $612,193 |
| JONATHAN EDWARDS MD | DIRECTOR | 1.00 |
Officer
Director
|
$0 | $75,201 | $712,673 |
| TERRENCE STEYER | DEAN COLLEGE OF MEDICINE | 1.00 |
Director
|
$0 | $90,546 | $689,476 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $14,478,265 | $14,477,022 | $5,003,294 | $1,243 |
| 2022 | $3,484,423 | $3,401,312 | $2,085,150 | $83,111 |
| 2021 | $4,424,727 | $4,316,449 | $1,610,302 | $108,278 |
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