2025-05-15T13:51:00-05:00 2024-06-30 BDO USA 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2023-07-01 521076158 UNIVERSITY OF MARYLAND ANESTHESIOLOGY ASSOCIATES PA % JACQUELINE FARRELL CFO UNIV 4103286120 22 SOUTH GREENE STREET Suite S11C00 BALTIMORE MD 21201 MATTHEW TULLIS MD Interim Chair 6672141128 2025-05-15 true true TODD TERESCO P00247720 7038930600 2023 2025-03-06 01:10:19Z MATTHEW TULLIS MD 22 SOUTH GREENE STREETS11C00 BALTIMORE MD 21201 35341132 false X WWW.UMFPI.ORG X 1977 MD SEE SCHEDULE O 10 0 110 0 0 0 0 0 24485318 31098498 91308 361863 0 0 24576626 31460361 29500 3707 0 0 15255451 18977570 0 0 0 8499962 10638119 23784913 29619396 791713 1840965 14576226 15503460 11553841 10216208 3022385 5287252 X UNDER THE MEDICAL SERVICE PLAN OF THE UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE, MEDICAL SERVICES ARE RENDERED BY THE MEMBERS OF THE FACULTY ON BEHALF OF THE SCHOOL OF MEDICINE IN CONNECTION WITH THEIR DUTIES TO PROVIDE CLINICAL INSTRUCTION FOR MEDICAL STUDENTS AND OTHER TRAINEES AND TO DELIVER HEALTHCARE TO THE GENERAL PUBLIC WITHOUT REGARD TO THE PATIENT'S ABILITY TO PAY FOR SERVICES. false false 27306067 3707 31098498 UNDER THE MEDICAL SERVICE PLAN OF THE UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE, MEDICAL SERVICES ARE RENDERED BY THE MEMBERS OF THE FACULTY ON BEHALF OF THE SCHOOL OF MEDICINE IN CONNECTION WITH THEIR DUTIES TO PROVIDE CLINICAL INSTRUCTION FOR MEDICAL STUDENTS AND OTHER TRAINEES AND TO DELIVER HEALTHCARE TO THE GENERAL PUBLIC WITHOUT REGARD TO THE PATIENT'S ABILITY TO PAY FOR SERVICES. 27306067 true false false false false false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 9 0 true 110 true false false false false false false false false false false false false X 10 0 false false false false true true false true true false false false true true true true true true true false MD X JACQUELINE FARRELL CFO 6672141110 250 WEST PRATT STREET NO 901 BALTIMORE MD 21201 SAMUEL ONYEWU PHYSICIAN 11.0 0.0 X 404438 0 23402 PETER ROCK MD PRES./ CHAIRMAN (THRU 7/23) 2.0 1.0 X X 391790 0 28998 PATRICK ODONKOR MD PHYSICIAN 14.0 0.0 X 392693 0 26991 JOHN A PALLAN MD PHYSICIAN 9.0 0.0 X 329033 0 22479 JESSICA GALEY PHYSICIAN 10.0 0.0 X 318484 0 18577 SAMUEL M GALVAGNO JR DO PRESIDENT (AS OF 7/23) 20.0 0.0 X X 287419 0 20256 ASHANPREET GREWAL PHYSICIAN 13.0 0.0 X 267310 0 18384 MATTHEW TULIS MD PHYSICIAN 11.0 0.0 X 193890 0 15776 BHAVANI SHANKAR KODALI VICE PRESIDENT (AS OF 7/23) 15.0 0.0 X X 183533 0 17564 TEDRIC HENNEGHAN PHYSICIAN 14.0 0.0 X 183885 0 14673 SEEMA DESHPANDE MD PHYSICIAN 13.0 0.0 X 133161 0 13170 STEPHANIE KAHNTROFF MD PHYSICIAN 11.0 0.0 X 114175 0 11001 BRAD SMITH SECRETARY/TREASURER 2.0 0.0 X X 28497 14617 4743 DOUGLAS MARTZ PHYSICIAN 13.0 0.0 X 25640 0 4064 MARY NJOKU MD PHYSICIAN 2.0 0.0 X 24247 0 4825 ANDREW MALINOW MD PHYSICIAN 2.0 0.0 X 0 7853 0 3278195 22470 244903 46 false true false CHG COMPANIES INC 7259 S Bingham Junction Blvd MIDVALE UT 84047 Medical Temp Service 546898 LOCUMTENENSCOM LLC 2575 Northwinds Pkwy ALPHARETTA GA 30009 Medical Temp Service 361914 WINK BLINK AND NOD ANESTHESIA 22 SOUTH GREENE STREET BALTIMORE MD 21201 Medical Temp Service 185488 3 0 PATIENT SERVICE REVENUE 621110 18318941 18318941 CONTRACTS AND OTHER REVENUE 621110 12779557 12779557 31098498 242634 242634 0 0 0 0 0 4000000 3880771 119229 119229 119229 0 0 0 0 0 0 0 0 0 0 31460361 31098498 361863 X 3707 3707 0 0 0 1735142 1735142 0 14754797 14076832 677965 984249 941834 42415 839410 740594 98816 663972 620043 43929 0 0 76612 76612 0 0 11869 8308 3561 4857873 3680803 1177070 0 0 87569 58195 29374 561548 543104 18444 0 376444 263511 112933 6440 5031 1409 0 12273 8428 3845 0 2398309 2398309 38567 26997 11570 558656 542780 15876 UNIVERSITY TRANSFERS 4615000 4615000 DEPARTMENT DEVELOPMENT FUND -3130723 -3130723 BAD DEBT EXPENSE -233733 -233733 OTHER EMPLOYEE EXPENSES 302487 99134 203353 98928 69038 29890 29619396 27306067 2313329 0 -171254 -318166 2115348 2784085 0 0 2403373 4184792 0 0 0 0 0 0 0 0 2902 2595 966843 881262 92709 85581 7665803 4310120 0 0 0 0 0 0 2467345 4454453 14576226 15503460 4712407 5932092 0 0 0 1140996 0 0 0 0 0 0 0 0 0 0 6841434 3143120 11553841 10216208 X 3022385 5287252 0 0 3022385 5287252 14576226 15503460 1840965 423902 X X false true X true false X 388110 765053 47739 0 0 1200902 20003438 23236506 21709239 24485318 31098498 120532999 0 0 0 20391548 24001559 21756978 24485318 31098498 121733901 182878 524206 0 0 0 707084 0 182878 524206 0 0 0 707084 121026817 131663 83157 94272 206766 242634 758492 0 131663 83157 94272 206766 242634 758492 0 0 20523211 24084716 21851250 24692084 31341132 122492393 0.98803 0.98801 0.00619 0.00571 X 267810 267810 0 671149 585568 85581 27884 27884 0 85581 OTHER ASSETS 4367086 OPERATING LEASE ROU ASSETS 87367 4454453 0 DEPARTMENTAL DEVELOPMENT FUND 2190724 INCENTIVE PRACTICE INCOME 412492 MEDICAL SCHOOL ENRICHMENT FUND 328659 MEDICAL SVC. PLAN TRUST FUND 97503 OPERATING LEASE LIABILITIES 88691 DUE TO RELATED PARTIES 25051 3143120 X 32106128 423902 233733 657635 31448493 11868 11868 31460361 29841261 29841261 11868 -233733 -221865 29619396 SCHEDULE D, PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THERE WERE NO INCOME TAXES PAID ON UNRELATED BUSINESS ACTIVITIES FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. RELEVANT ACCOUNTING STANDARDS REQUIRE THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BY THE ASSOCIATION IN THE PREPARATION OF ITS TAX RETURNS. THE ASSOCIATION DETERMINES WHETHER IT IS MORE-LIKELY-THAN-NOT THAT A CERTAIN TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. IF AN UNCERTAIN TAX POSITION IS LESS LIKELY-THAN-NOT TO BE SUSTAINED, AN ESTIMATE OF THE POTENTIAL EFFECT IS RECOGNIZED IN THE FINANCIAL STATEMENTS, AND THE UNCERTAIN TAX POSITION IS REQUIRED TO BE DISCLOSED. PER MANAGEMENT'S EVALUATION, IT HAS BEEN DETERMINED THAT NO MATERIAL ADJUSTMENTS WERE REQUIRED IN THE FINANCIAL STATEMENTS FOR TAX POSITIONS LESS-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY FOR THE YEARS ENDED JUNE 30, 2024 AND 2023. THE ASSOCIATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. SCHEDULE D, PART XI, LINE 2D: BAD DEBT EXPENSE: $ 233,733 SCHEDULE D, PART XII, LINE 4B: BAD DEBT EXPENSE: $ (233,733) X true true X X X false false false false false true false true false SAMUEL ONYEWU PHYSICIAN 376438 0 28000 0 0 0 20068 0 3334 0 427840 0 0 0 PETER ROCK MD PRES./ CHAIRMAN (THRU 7/23) 292790 0 99000 0 0 0 22113 0 6885 0 420788 0 0 0 PATRICK ODONKOR MD PHYSICIAN 357693 0 35000 0 0 0 22113 0 4878 0 419684 0 0 0 JOHN A PALLAN MD PHYSICIAN 309033 0 20000 0 0 0 18905 0 3574 0 351512 0 0 0 JESSICA GALEY PHYSICIAN 290484 0 28000 0 0 0 14884 0 3693 0 337061 0 0 0 SAMUEL M GALVAGNO JR DO PRESIDENT (AS OF 7/23) 229019 0 58400 0 0 0 16198 0 4058 0 307675 0 0 0 ASHANPREET GREWAL PHYSICIAN 247310 0 20000 0 0 0 14858 0 3526 0 285694 0 0 0 MATTHEW TULIS MD PHYSICIAN 148890 0 45000 0 0 0 12085 0 3691 0 209666 0 0 0 BHAVANI SHANKAR KODALI VICE PRESIDENT (AS OF 7/23) 136533 0 47000 0 0 0 12667 0 4897 0 201097 0 0 0 TEDRIC HENNEGHAN PHYSICIAN 123553 0 60332 0 0 0 11118 0 3555 0 198558 0 0 0 SCHEDULE J, PART I, LINE 1A: THE ORGANIZATION MAINTAINS A MEMBERSHIP AT THE CENTER CLUB, WHICH IS IN THE NAME OF THE PRESIDENT/CHAIRMAN. THIS MEMBERSHIP IS UTILIZED SOLELY FOR BUSINESS PURPOSES, WITH ALL EXPENSES SUBJECT TO THE ORGANIZATION'S EXPENSE REIMBURSEMENT POLICIES AND PROCEDURES. SCHEDULE J, PART I, LINE 6: THE ORGANIZATION HAS VARIABLE COMPENSATION ARRANGEMENTS WHICH TAKE INTO CONSIDERATION REVENUES, NET EARNINGS, AND OTHER OPERATIONAL TARGETS, SOME OF WHICH ARE POSITION SPECIFIC AND OTHERS WHICH ARE ORGANIZATION WIDE. SCHEDULE J, PART I, LINE 7: THE ORGANIZATION HAS VARIABLE COMPENSATION ARRANGEMENTS WHICH TAKE INTO CONSIDERATION REVENUES, NET EARNINGS, AND OTHER OPERATIONAL TARGETS, SOME OF WHICH ARE POSITION SPECIFIC AND OTHERS WHICH ARE ORGANIZATION WIDE. FORM 990, PART I, LINE 1: UNDER THE MEDICAL SERVICE PLAN OF THE UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE, MEDICAL SERVICES ARE RENDERED BY THE MEMBERS OF THE FACULTY ON BEHALF OF THE SCHOOL OF MEDICINE IN CONNECTION WITH THEIR DUTIES TO PROVIDE CLINICAL INSTRUCTION FOR MEDICAL STUDENTS AND OTHER TRAINEES AND TO DELIVER HEALTHCARE TO THE GENERAL PUBLIC WITHOUT REGARD TO THE PATIENT'S ABILITY TO PAY FOR SERVICES. FORM 990, PART VI, SECTION A, LINE 6: THE ENTITY IS A MARYLAND CORPORATION WHOSE MEMBERS ARE PHYSICIANS AND WHOSE GOVERNING BODY IS COMPRISED OF PHYSICIANS. FORM 990, PART VI, SECTION A, LINE 7A: THE STOCKHOLDERS ELECT A GOVERNING BODY, WHERE THE UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE CHAIRMAN OF THE DEPARTMENT OF ANESTHESIOLOGY IS THE CHAIRMAN OF THE BOARD AND OTHER CLINICAL FACULTY MEMBERS SERVE AS BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B: THE ENTITY RECEIVES A COPY OF THE 990 AND A REPRESENTATIVE OF THE GOVERNING BODY APPROVES IT BEFORE SIGNING THE ELECTRONIC FILING AUTHORIZATION. FORM 990, PART VI, SECTION B, LINE 12C: AS PART OF THEIR EMPLOYMENT BY THE UNIVERSITY OF MARYLAND FACULTY PHYSICIANS, INC. (FPI) AND THE FACULTY PRACTICES OF THE UNIVERSITY OF MARYLAND (PAS), EMPLOYEES AND FACULTY ARE REQUIRED TO FOLLOW THE MEDICAL SERVICE PLAN. MSP POLICY #37 LISTS THE REQUIREMENTS OF COMPLIANCE AND GOOD BUSINESS PRACTICES. AS PART OF THE MSP POLICY #37, FPI ALSO MAINTAINS A CORPORATE COMPLIANCE PLAN, WHICH DETAILS EXPECTATIONS AROUND CONFLICT OF INTEREST SITUATIONS AND BILLING RESPONSIBILITIES. FPI RELIES ON THE GOOD FAITH OF ITS EMPLOYEES IN THE EXERCISE OF THEIR RESPONSIBILITIES. ALL BUSINESS JUDGMENTS ON BEHALF OF FPI SHOULD BE MADE BY ITS EMPLOYEES ON THE BASIS OF SUCH TRUST AND IN FPI'S BEST INTERESTS. FPI FULLY RESPECTS THE RIGHTS OF EMPLOYEES TO PRIVACY IN THEIR PERSONAL AFFAIRS AND FINANCIAL ACTIVITIES. THE PURPOSE OF THIS POLICY IS TO PROVIDE GUIDANCE TO EMPLOYEES IN AVOIDING SITUATIONS IN THEIR PERSONAL ACTIVITIES WHICH ARE, OR APPEAR TO BE, IN CONFLICT WITH THEIR RESPONSIBILITIES TO FPI. ALTHOUGH IT IS IMPRACTICAL TO ATTEMPT TO DEFINE EVERY SITUATION WHICH MIGHT BE CONSIDERED A CONFLICT OF INTEREST, GENERALLY SPEAKING, A CONFLICT EXISTS WHEN AN EMPLOYEE'S PERSONAL INTERESTS OR ACTIVITIES MAY INFLUENCE HIS OR HER JUDGMENT IN THE PERFORMANCE OF HIS OR HER DUTY TO FPI. THERE MAY BE CASES WHERE SUCH CONFLICTS ARE MORE THEORETICAL THAN REAL, BUT EMPLOYEES SHOULD BE CONCERNED ABOUT POSSIBLE CONFLICTS AND REVIEW AND DISCLOSE THIS SITUATION IN LIGHT OF THE FOLLOWING GUIDELINES. A MAJOR FOCUS OF THE CORPORATE COMPLIANCE PLAN IS CURRENTLY ON CODING, BILLING, AND DOCUMENTATION COMPLIANCE AND ENSURING THAT REGULATIONS ARE BEING FOLLOWED. HOWEVER, COMPLIANCE GOES BEYOND AVOIDING PENALTIES. OUR TOTAL CORPORATE COMPLIANCE PLAN INCLUDES A FULL RANGE OF ISSUES, INCLUDING: - EMPLOYMENT CONTRACTS - CONFLICTS OF INTEREST - PATIENT CONFIDENTIALITY - RECORDS RETENTION - CONTRACTS AND BUSINESS RELATIONSHIPS (INCLUDING PROFESSIONAL SERVICE AGREEMENTS) - WAIVERS OF CO-PAYMENTS, COINSURANCE AND DEDUCTIBLES, AND MORE. WHILE THE COMPLIANCE OFFICE WILL MAKE EVERY EFFORT TO PROVIDE APPROPRIATE COMPLIANCE INFORMATION TO ALL EMPLOYEES, AND TO RESPOND TO ALL INQUIRIES, NO EDUCATIONAL AND TRAINING PROGRAM, HOWEVER COMPREHENSIVE, CAN ANTICIPATE EVERY SITUATION THAT MAY PRESENT COMPLIANCE ISSUES. RESPONSIBILITY FOR COMPLIANCE WITH THE CORPORATE COMPLIANCE PLAN, INCLUDING THE DUTY TO SEEK GUIDANCE WHEN IN DOUBT, RESTS WITH EACH EMPLOYEE. THE ABOVE INFORMATION IS DISCUSSED WITH EACH NEW EMPLOYEE AND FACULTY MEMBER UPON HIRE. ANNUAL CORPORATE COMPLIANCE TRAINING TOUCHES ON THE ABOVE AS WELL. FORM 990, PART VI, SECTION B, LINE 15: COMPENSATION FOR EACH PA PRESIDENT AND OFFICER IS REVIEWED ANNUALLY BY THE DEAN OF THE SCHOOL OF MEDICINE. THE COMPENSATION DISCUSSION INCLUDES A REVIEW OF BOTH BASE AND VARIABLE COMPENSATION COMPONENTS COMPARED TO RELEVANT BENCHMARKS. THESE TWO COMPONENTS REFLECT THE TOTAL APPROVED SALARY (TAS). AAMC REPORT ON MEDICAL SCHOOL FACULTY SALARIES ISSUED BY THE AMERICAN ASSOCIATION OF MEDICAL COLLEGES PROVIDES COMPENSATION GUIDELINES IN THE 25TH PERCENTILE, 50TH PERCENTILE AND 75TH PERCENTILE AS BENCHMARKS. ONCE THE TAS IS APPROVED BY THE DEAN, IT IS THEN SENT TO THE UMB CAMPUS PRESIDENT FOR FINAL APPROVAL. THE VARIABLE OR BONUS COMPONENT OF COMPENSATION FOR CLINICAL ACTIVITIES IS MANAGED THROUGH A SCHOOL-WIDE PERFORMANCE BASED INCENTIVE COMPENSATION (PBIC) PLAN. BONUS PAYMENTS ARE ALSO APPROVED BY THE PRESIDENT OF UMB BEFORE DISTRIBUTION. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTING THE AUDITORS HAS NOT CHANGED FROM THE PRECEDING YEAR. FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROFESSIONAL SVCS. TOTAL FEES:4056840 FORM 990 PART IX LINE 11G DESCRIPTION:BILLING SERVICES TOTAL FEES:775195 FORM 990 PART IX LINE 11G DESCRIPTION:ADMINISTRATIVE TOTAL FEES:25838 UNIV OF MARYLAND FACULTY PHYSICIANSINC 250 W PRATT STREET SUITE 901 BALTIMORE MD 21201 521299563 SEE PART VII MD 501(C)(3) LINE 12B,II NA false MARYLAND MEDICINE PA 250 W PRATT STREET SUITE 901 BALTIMORE MD 21201 521908496 SEE PART VII MD 501(C)(3) LINE 12A,I NA false false false false true false false false false false false true false false true true true true true true SCHEDULE R, PART II, LINE 1: (A) NAME OF RELATED ORGANIZATION: UNIVERSITY OF MARYLAND FACULTY PHYSICIANS, INC. (B) PRIMARY ACTIVITY: COORDINATION AND IMPLEMENTATION OF A MEDICAL SERVICE PLAN. SCHEDULE R, PART II, LINE 2: (A) NAME OF RELATED ORGANIZATION: MARYLAND MEDICINE, P.A. (B) PRIMARY ACTIVITY: EMPLOYMENT SERVICES TO THE PROFESSIONAL ASSOCIATIONS (PA) SCHOOL OF MEDICINE.