Cause IQ organization profile

ProMedica

Form 990s | Financials | Vendors | Personnel | Peers

ProMedica is a managed care organization based in Toledo, OH that was founded in 1999. As of 2018 they had $449 million in revenue and $81 million in assets.

Previous legal names or variations of their name include: Promedica Physician Group.

EIN:

34-1899439

City:

Toledo

State:

Ohio

Website:

promedica.org

Phone:

419-291-4000

Facebook:

facebook.com/ProMedicaAndYou

Founded:

1999

Type:

501(c)(3)

NTEE:

E31: Managed care organizations and group health practices

Revenue:

$449,727,031

Assets:

$81,857,355

Employees:

2,601

Fiscal year end:

December

Revenue trends:

Asset trends:

Form 990s for ProMedica

Fiscal year ending	Date received by IRS	Form	PDF link
2017-12	Mar 15, 2019	990	View PDF
2016-12	Mar 14, 2018	990	View PDF
2015-12	Mar 27, 2017	990	View PDF
2014-12	Feb 16, 2016	990	View PDF
2013-12	Dec 2, 2014	990	View PDF
...and four more Form 990 PDFs

Financials for ProMedica

Field	2017	2016	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$90,548,024	$71,000,270	27.5%
Government grants (contributions)	$67,781	$0	999%
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$90,615,805	$71,000,270	27.6%

Field	2017	2016	% Change
Total grants, contributions, etc.	$90,615,805	$71,000,270	27.6%
Program services	$355,866,507	$337,566,253	5.4%
Investment income and dividends	$0	$80	-100%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$3,718,281	$-63,700	5937.2%
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$-482,883	$0	-999%
Miscellaneous revenues	$9,321	$0	999%
Total revenues	$449,727,031	$408,502,903	10.1%

Field	2017	2016	% Change
Grants to govts. and orgs. in USA	$0	$8,214,462	-100%
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$2,480,910	$2,569,025	-3.4%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$277,046,525	$231,451,970	19.7%
Pension/retirement accruals and contributions	$5,920,032	$4,947,851	19.6%
Other employee benefits	$17,114,297	$13,656,806	25.3%
Payroll taxes	$14,602,844	$11,502,044	27.0%
Management fees	$0	$0
Legal fees	$376,667	$0	999%
Accounting fees	$466,315	$0	999%
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$21,306,837	$25,219,301	-15.5%
Advertising and promotion	$1,027,312	$619,268	65.9%
Office expenses	$3,095,279	$1,979,799	56.3%
Information tech. expenses	$9,834,119	$407,101	2315.6%
Royalty expenses	$0	$0
Occupancy	$4,428,736	$3,353,984	32.0%
Travel	$1,489,490	$980,947	51.8%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$0
Interest	$641,129	$0	999%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$8,461,321	$2,558,781	230.7%
Insurance	$6,909,642	$6,515,360	6.1%
All other expenses	$84,746,632	$122,642,766	-30.9%
Total expenses	$459,948,087	$436,619,465	5.3%

Field	2017	2016	% Change
Cash (non-interest-bearing)		$14,812,798	-35.5%
Savings, short-term investments, etc.	$0	$0
Pledges and grants receivable	$0	$0
Accounts receivable	$17,458,819	$21,466,854	-18.7%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$12,120	$13,717	-11.6%
Inventories for use	$6,572,192	$8,390,082	-21.7%
Prepaid expenses and deferred charges	$1,051,541	$1,307,042	-19.5%
Buildings, equipment, etc. post-depreciation	$11,991,713	$11,995,404	-0.0%
Investments, publicly traded securities	$0	$0
Investments, other securities	$7,119,000	$0	999%
Investments, program-related	$0	$0
Intangible assets	$368,306	$814,533	-54.8%
Other assets	$37,283,664	$19,820,518	88.1%
Total assets	$81,857,355	$78,620,948	4.1%

Field	2017	2016	% Change
Accounts payable and accrued expenses	$49,130,778	$43,866,682	12.0%
Grants payable	$0	$0
Deferred revenue	$1,367,000	$0	999%
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$38,722,754	$31,896,387	21.4%
Total liabilities	$89,220,532	$75,763,069	17.8%

Field	2017	2016	% Change
Unrestricted net assets	$-7,399,608	$2,849,347	-359.7%
Temporarily restricted net assets	$36,431	$8,532	327.0%
Permanently restricted net assets	$0	$0

Vendors for ProMedica

Vendor	Services	Amount paid	Date
Deloitte Tax LLP	Tax accounting		2019-02-25
████████████	Billing Services	$1,554,663	2017-12-01
██████ ██████████ ██████████	Behavioral Health Services	$1,231,691	2017-12-01
███████████ ██████ ███	Physician Coverage	$994,819	2017-12-01
██████████ ██ ██████ ██████████	Physician Coverage	$2,278,016	2017-12-01
█████████ ██████ ███	Physician Coverage	$677,081	2017-12-01

Personnel at ProMedica

Name	Title	Compensation	Most recent data
Michael Browning	Chief Financial Officer	$0	May 31, 2019
Karen Strauss	Chief Administrative Officer, Promedica	-	Dec. 17, 2018
███████ █████	Chief Advocacy and Government Relations Officer, Promedica	-	Feb. 2, 2018
████ █████	Chief Philanthropy Officer	-	Feb. 2, 2018
███ ██ ███████████ ██	Chief Physician Executive and Chief Medical Officer	$0	Feb. 2, 2018
████ ████	Chief Legal Officer and General Counsel, Promedica Chief Construction and Property Management Officer, Promedica Promedica in	-	Nov. 11, 2017
█████ ████████	Chief Integration Officer, Academic Affiliations	-	Feb. 2, 2018
█████ ██████	President and CEO, Promedica	-	Sept. 5, 2019
████████ █ ██████	Former Officer	$0	Dec. 31, 2016
████ █ ███████	Past Treasurer	$0	Dec. 31, 2016
...and four more key personnel

Peer managed care organizations and group health practices

	Name	Type	Revenue	Location
1	Trihealth Physician Enterprise Corporation	501(c)(3)	$386 million	Cincinnati, OH
2	IHA Health Services Corporation	501(c)(3)	$282 million	Ann Arbor, MI
3	ProHealth Care (PHC)	501(c)(3)	$168 million	Waukesha, WI
4	Memorial Hermann Medical Group	501(c)(3)	$119 million	Houston, TX
5	Fkareading Health Physician Network	501(c)(3)	$185 million	Reading, PA
6	Florida Hospital Medical Group (FHMG)	501(c)(3)	$535 million	Maitland, FL
7	Banner-University Medical Group	501(c)(3)	$446 million	Phoenix, AZ
8	SSM Health Businesses	501(c)(3)	$240 million	St Louis, MO
9	United Medical Associates PC	501(c)(3)	$115 million	Vestal, NY
10	District Medical Group (DMG)	501(c)(3)	$151 million	Phoenix, AZ
11	Northwestern Memorial Healthcare (NMHC)	501(c)(3)	$1.1 billion	Chicago, IL
12	Hartford HealthCare Medical Group	501(c)(3)	$141 million	Wethersfield, CT
13	Saint Lukes Physician Group	501(c)(3)	$370 million	Kansas City, MO
14	Albany Medical Center (AMC)	501(c)(3)	$174 million	Albany, NY
15	CHI Franciscan	501(c)(3)	$535 million	Tacoma, WA
16	Carle	501(c)(3)	$276 million	Urbana, IL
17	The Physician Network	501(c)(3)	$143 million	Lincoln, NE
18	Northeast Georgia Physicians Group	501(c)(3)	$146 million	Gainesville, GA
19	Novant Health Medical Group	501(c)(3)	$852 million	Winston Salem, NC
20	Marshall Health	501(c)(3)	$190 million	Huntington, WV
21	CaroMont Medical Group	501(c)(3)	$121 million	Gastonia, NC
22	Sutter Health	501(c)(3)	$1.7 billion	Sacramento, CA
23	Mission Medical Associates	501(c)(3)	$177 million	Asheville, NC
24	Hawai'i Pacific Health Group Return	501(c)(3)	$1.2 billion	Honolulu, HI
25	Hackensack University Medical Group PC	501(c)(3)	$140 million	Neptune, NJ

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Cause IQ organization profile

ProMedica

Form 990s for ProMedica

Financials for ProMedica

Vendors for ProMedica

Personnel at ProMedica

Peer managed care organizations and group health practices

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