2021-04-12T22:14:04-05:00 2020-06-30 475153865 ROSEN SAPPERSTEIN & FRIEDLANDER LLC 405 YORK ROAD TOWSON MD 21204 990 2019-07-01 522122145 UNIVERSITY OF MARYLAND ORTHOPAEDIC ASSOCIATES PA UNIV 4103286040 110 SOUTH PACA STREET 6TH FL NO 3 BALTIMORE MD 21201 ANDREW N POLLAK MD PRESIDENT/CHAIRMAN 4103286040 2021-02-21 1 JACQUELINE M REARDON CPA P00242411 4105810800 2021-02-21 2019 2022-09-23 18:48:47Z ANDREW N POLLAK MD 110 SOUTH PACA STREET 6TH FL BALTIMORE MD 21201 22171929 0 X WWW.UMFPI.ORG X 1998 MD 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. 1 0 41 0 0 0 0 380865 19586592 21203720 12431 12344 0 575000 19599023 22171929 0 0 0 0 15688323 16424643 0 0 0 9949878 11249948 25638201 27674591 -6039178 -5502662 11803878 13601262 75404465 82704511 -63600587 -69103249 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. 0 0 24227906 21778720 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. 24227906 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 14 0 1 41 1 0 0 0 0 0 0 0 0 0 0 0 0 X 1 0 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MD X MICHELE J WINGATE CFOCBDO 6672141128 250 W PRATT STREET SUITE 901 BALTIMORE MD 21201 ANDREW N POLLAK MD PRESIDENT 10.00 1.00 X X 739630 0 26209 DANIEL E GELB MD VICE PRESIDENT 30.00 1.00 X 449927 0 25724 LAWRENCE K THOMPSON IV MD SECRETARY 10.00 1.00 X 18612 0 6769 MARCUS F SCIADINI MD TREASURER 30.00 1.00 X 366952 0 26008 STEVEN C LUDWIG MD PHYSICIAN 30.00 X 1031658 0 26249 JASON W NASCONE MD PHYSICIAN 35.00 X 400823 0 26367 EUGENE Y KOH MD PHYSICIAN 29.00 X 474507 0 33178 WALTER EGLSEDER MD PHYSICIAN 35.00 X 361850 0 25789 NGOZI M AKABUDIKE MD PHYSICIAN 32.00 X 337532 0 24475 4181491 0 220768 23 0 1 0 MILLER CONTRACTING LLC 411 PLEASANT VALLEY ROAD WESTMINSTER MD 21158 RENOVATIONS 141843 1 380865 380865 PATIENT SERVICE REVENUE 621110 21203720 21203720 21203720 12344 12344 OTHER INCOME 900099 575000 575000 575000 22171929 21778720 0 12344 X 1549523 1549523 11955657 10393177 1562480 858694 744478 114216 1509984 1186206 323778 550785 432802 117983 25811 18068 7743 153374 153374 1496003 1377367 118636 5100 3570 1530 377110 253239 123871 554960 550082 4878 1012432 691705 320727 8627 6664 1963 2523567 2523567 510345 357241 153104 783785 748826 34959 DEPARTMENTAL DEVELOPMEN 997121 997121 GENERAL AND ADMINISTRAT 900000 900000 MEDICAL SUPPLIES 640005 640005 UNIVERSITY TRANSFERS 600000 600000 661708 254265 407443 27674591 24227906 3446685 0 5231696 7794096 109471 109909 1502729 1511421 316194 257688 4281245 1987707 2869548 2293538 1774240 1634610 11803878 13601262 1985700 2041986 73418765 80662525 75404465 82704511 X -63600587 -69103249 -63600587 -69103249 11803878 13601262 -5502662 0 X X 0 1 X 1 0 X 380865 380865 16569368 18108708 19043272 19586592 21203720 94511660 16569368 18108708 19043272 19586592 21584585 94892525 0 159146 159146 159146 159146 94733379 2360 2357 2489 12431 12344 31981 2360 2357 2489 12431 12344 31981 575000 575000 16571728 18111065 19045761 19599023 22171929 95499506 0.99200 0.99980 0.00030 0.00020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2986520 1008950 1977570 1294725 978757 315968 2293538 OTHER SHORT TERM RECEIVABLES 1311002 DUE FROM RELATED PARTIES 323608 1634610 OTHER LIABILITIES 769152 DUE TO RELATED PARTIES 75895721 MEDICAL SERVICES PLAN TRUST FUND 81856 DEPARTMENTAL DEVELOPMENT FUND 2889652 INCENTIVE PRACTICE INCOME PAYABLE 182905 MEDICAL SCHOOL ENRICHMENT FUND 275918 PAYER ADVANCE PAYMENTS 567321 80662525 X 29033553 338800 7208859 7547659 21485894 686035 686035 22171929 28780133 338800 1452777 1791577 26988556 686035 686035 27674591 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE ASSOCIATION'S TAX POSITION TAKEN ON FEDERAL AND STATE INCOME TAX RETURNS FOR ALL OPEN TAX YEARS (CURRENT AND PRIOR THREE YEARS) AND HAS CONCLUDED THAT AS OF JUNE 30, 2020, NO PROVISION FOR INCOME TAX WOULD BE REQUIRED IN THE ASSOCIATION'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUES REPORTED BY UNIVERSITY OF MARYLAND ORTHOPAEDIC TRAUMA ASSOCIATES (EIN: 52-2381867) 7,208,859. PART XI, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 686,035. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED BY UNIVERSITY OF MARYLAND ORTHOPAEDIC TRAUMA ASSOCIATES (EIN: 52-2381867) 1,452,777. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 686,035. X 1 0 X X X 0 0 0 0 0 1 0 1 0 ANDREW N POLLAK MD PRESIDENT 577441 0 162189 0 0 0 20437 0 5772 0 765839 0 0 0 DANIEL E GELB MD VICE PRESIDENT 424927 0 25000 0 0 0 19952 0 5772 0 475651 0 0 0 MARCUS F SCIADINI MD TREASURER 341952 0 25000 0 0 0 20236 0 5772 0 392960 0 0 0 STEVEN C LUDWIG MD PHYSICIAN 661334 0 370324 0 0 0 20477 0 5772 0 1057907 0 0 0 JASON W NASCONE MD PHYSICIAN 350823 0 50000 0 0 0 20595 0 5772 0 427190 0 0 0 EUGENE Y KOH MD PHYSICIAN 294507 0 180000 0 0 0 27406 0 5772 0 507685 0 0 0 WALTER EGLSEDER MD PHYSICIAN 361850 0 0 0 0 0 20230 0 5559 0 387639 0 0 0 NGOZI M AKABUDIKE MD PHYSICIAN 277532 0 60000 0 0 0 19111 0 5364 0 362007 0 0 0 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. 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 VI, SECTION A, LINE 6 THE ENTITY IS A MARYLAND CORPORATION WHOSE STOCKHOLDERS ARE PHYSICIANS AND MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT PROVIDE A COMPLETED COPY OF THIS FORM 990 TO ALL MEMBERS OF THE GOVERNING BODY BEFORE FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C AS PART OF THEIR EMPLOYMENT BY 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, WHO IS ALSO THE PRESIDENT OF FPI. 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 IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 1,135,963. MANAGEMENT AND GENERAL EXPENSES 118,636. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,254,599. PATIENT SERVICES: PROGRAM SERVICE EXPENSES 241,404. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 241,404. FORM 990, PART IX, LINE 24E BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 281,263. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 281,263. OTHER EMPLOYEE EXPENSE: PROGRAM SERVICE EXPENSES 68,923. MANAGEMENT AND GENERAL EXPENSES 115,744. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 184,667. DONATION: PROGRAM SERVICE EXPENSES 95,956. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 95,956. OTHER PATIENT EXPENSES: PROGRAM SERVICE EXPENSES 65,035. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,035. BANK AND CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 24,351. MANAGEMENT AND GENERAL EXPENSES 10,436. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,787. FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTING THE AUDITORS HAS NOT CHANGED FROM THE PRECEDING YEAR. UNIVERSITY OF MARYLAND FACULTY PHYSICIANS INC 250 W PRATT STREET SUITE 901 BALTIMORE MD 21201 521299563 COORDINATION AND IMPLEMENTATION OF A MEDICAL SERVICE PLAN MD 501(C)(3) LINE 12B, II 0 UNIVERSITY OF MARYLAND ORTHOPAEDIC TRAUMA ASSOCIATES PA 110 S PACA STREET SUITE 300 BALTIMORE MD 21201 522381867 SHARED EMPLOYEES AND FACILITIES MD 501(C)(3) LINE 10 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 1 1 UNIVERSITY OF MARYLAND FACULTY PHYSICIANS INC P 12787994 UNIVERSITY OF MARYLAND ORTHOPAEDIC TRAUMA ASSOCIATES PA S 6076358