2020-04-09T11:54:44-05:00 2019-06-30 KPMG LLP 4200 Wells Fargo Ctr 90 S 7th Minneapolis MN 55402 990 2018-07-01 411843943 University of Minnesota Physicians % Owen Gohlke UNIV 6128840918 720 Washington Avenue SE Suite 200 Minneapolis MN 55414 MARY JOHNSON CSO 6128840894 2020-03-27 true Holly K Moen P01800653 6123055000 2020-03-27 167.68.102.5 41438720201005000000 2020-04-09 P D62D24C6D336028470863B0825818D0C3237C4FC D62D24C6D336028470863B0825818D0C3237C4FC 2018 2020-09-22 18:59:49Z Badrinath Konety MD 720 Washington Ave SE Ste 200 Minneapolis MN 55414 644353161 false X www.umphysicians.org X 1996 MN To provide the highest quality healthcare to patients and their families. 17 2 3936 0 0 0 0 590758190 643501719 298394 851442 0 0 591056584 644353161 25186643 24908967 0 0 476720208 511562647 0 0 0 91294295 91021673 593201146 627493287 -2144562 16859874 211134369 231825478 112723289 131140357 98411080 100685121 X UNIVERSITY OF MINNESOTA PHYSICIANS IS A MULTI-SPECIALTY PHYSICIAN ORGANIZATION DEDICATED TO PROVIDING QUALITY, PATIENT FOCUSED CARE. WE SERVE AS THE INTEGRATED GROUP PRACTICE FOR THE UNIVERSITY OF MINNESOTA MEDICAL SCHOOL FULL-TIME FACULTY. COMMITTED TO OUR WORK EFFORTS TO ADVANCE MEDICAL KNOWLEDGE AND EDUCATION, WE SUPPORT THE RESEARCH AND EDUCATION MISSION OF THE MEDICAL SCHOOL. false false 621111 531671124 24908967 643501719 PROVIDED MEDICAL DIAGNOSIS, TREATMENT, AND CARE FOR AREA RESIDENTS. SUPPORTED INSTRUCTION OF MEDICAL STUDENTS, INTERNS, AND RESIDENTS. 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HOWEVER, UNIVERSITY OF MINNESOTA PHYSICIANS DOES NOT CURRENTLY OPERATE ANY LICENSED HOSPITAL FACILITIES; THEREFORE, NO SCHEDULE H IS REQUIRED. 6332512 11193650 735687 3373004 6119110 313449 15168951 18993090 5672406 6721542 CONTRACTS RECEIVABLE 89441055 OTHER RECEIVABLES 19123775 108564830 0 0 X Sch D, Part X, Line 2 UMPHYSICIANS HAS ADOPTED GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE STANDARD REQUIRES AN ORGANIZATION TO DETERMINE WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION ON THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UMPHYSICIANS RECORDED NO ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS AS A RESULT OF THE ADOPTION OF THE STANDARD. FEDERAL RETURNS FOR THE PERIODS ENDING JUNE 30, 2016 THROUGH JUNE 30, 2019 REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS. Central America and the Caribbean 0 0 Investments 4151925 0 0 0 0 4151925 4151925 true false true false false false false University of Minnesota 420 Delaware Street 1425 University Ave SE Minneapolis MN 55455 416007513 115 24908967 Education & Research 1 Sch I, Part I, Line 2 ASSISTANCE WAS TO RELATED ORGANIZATIONS, FUNDS ARE MONITORED BY MANAGEMENT, UNIVERSITY OF MINNESOTA, AND THE RELATED GOVERNING BODIES. X X X X X false false false false false false false false false Badrinath Konety CEO/PHYSICIAN 365500 351154 67000 53835 4430 757 0 85335 0 25289 436930 516370 0 0 Pete Mitsch CFO 0 373083 0 0 0 1531 0 55000 0 25368 0 454982 0 0 Mary Johnson Chief Strategy Officer 360506 0 180250 0 8557 0 41250 0 24860 0 615423 0 0 0 Barbara Gold Chief Risk Officer 331789 60899 11603 0 4499 283 0 9439 0 23551 347891 94172 0 0 Macaran Baird MD CEO thru Nov 2018 257538 151745 0 0 335 3164 0 80804 0 24081 257873 259794 0 0 Levi Downs MD CMO thru Jan 2019 176923 180000 0 0 2351 757 0 44900 0 10473 179274 236130 0 0 Jakub Tolar MD CMO/PHYSICIAN 35000 671192 0 22504 3810 757 0 66425 0 25075 38810 785953 0 0 Denis Clohisy MD Physician 410871 417783 31000 77500 5251 1531 0 88800 0 25468 447122 611082 0 0 Peter Igarashi MD Physician 252700 250000 0 72500 3970 1531 0 74890 0 26993 256670 425914 0 0 Joseph Neglia MD Physician 172816 277184 0 73000 3159 1531 0 61463 0 24485 175975 437663 0 0 Bevan Yueh MD Physician 225142 315896 51030 45360 2877 1117 0 42625 1000 25174 280049 430172 0 0 Jon Hallberg MD Physician 30635 149388 0 1385 325 653 0 26318 0 23408 30960 201152 0 0 Kathryn Justesen MD Physician 25038 198231 7091 0 815 613 0 61926 643 20635 33587 281405 0 0 Amy Reed MD Physician 324518 31251 0 12911 1936 69 0 19654 0 6774 326454 70659 0 0 Sarah Schwarzenberg MD Physician 51945 188770 0 0 1194 1531 0 29259 0 23752 53139 243312 0 0 Ann Van Heest MD Physician 188004 227116 199348 0 3395 1117 0 76638 0 20942 390747 325813 0 0 Patricia Adam MD Physician 15000 220407 0 0 131 757 0 57173 58 14307 15189 292644 0 0 Kyle Anderson MD Physician 204896 35104 59912 0 3518 69 0 23459 0 23819 268326 82451 0 0 Greg Beilman MD Physician 316841 187000 40000 0 3481 1117 5360 58963 0 24853 365682 271933 0 0 Bradley Benson MD Physician 236391 99972 1778 10000 2459 361 15000 17288 0 23199 255628 150820 0 0 Holly Boyer MD Physician 326711 44292 12500 0 3935 92 0 6865 0 8621 343146 59870 0 0 Charles Dietz MD Physician 304659 235341 0 59400 3444 1531 0 41678 0 25077 308103 363027 0 0 Edward Greeno MD Physician 214666 190834 108411 0 2807 1117 0 29579 0 25303 325884 246833 0 0 Sameer Gupta MD Physician 241616 54000 19450 0 2596 124 0 17470 0 28792 263662 100386 0 0 Sayeed Ikramuddin MD Physician 460961 179038 0 68970 3723 757 0 28088 0 25484 464684 302337 0 0 Rosemary Kelly MD Physician 669249 92001 282517 0 4190 336 0 36710 0 23623 955956 152670 0 0 James Pacala MD Physician 15000 323000 0 39083 212 1117 0 49600 0 22664 15212 435464 0 0 Carrie Terrell MD Physician 213542 56656 0 0 3167 157 0 27282 0 9034 216709 93129 0 0 Sophia Vinogradov MD Physician 50000 406500 46350 59150 1339 1531 0 83875 0 17350 97689 568406 0 0 Demosthenes Iskos MD Physician 599997 0 140674 0 12051 0 55000 0 40399 0 848121 0 0 0 Tushar Vora MD Physician 599997 0 187561 0 11497 0 55000 0 26257 0 880312 0 0 0 Steven Heifetz MD Physician 599997 0 140948 0 12666 0 55000 0 35117 0 843728 0 0 0 Eric Ernst MD Physician 599997 0 148251 0 11865 0 55000 0 44191 0 859304 0 0 0 Quan Pham MD Physician 599997 0 175609 0 10375 0 55000 0 41658 0 882639 0 0 0 Barbara Daniels MD Former CEO 637254 0 0 0 0 0 0 0 0 0 637254 0 0 0 Erica Warlick MD Wife - Chris Warlick 308634 Employed Physician false Julie Thompson MD Wife - Fernando Pena 402673 Employed Physician false Suma Konety MD Wife - Badrinath Konety 426048 Employed Physician false Kara Pacala MD Wife - James Pacala UCARE 63141 Employed Physician false Farha Ikramuddin MD Wife - Sayeed Ikramuddin 166721 Employed Physician false Jill Anderson MD Wife - Kyle Anderson 437347 Employed Physician false Rebecca Ameduri MD Wife - Sameer Gupta 303222 Employed Physician false Kelly Dietz MD Daughter - Charles Dietz 453939 Employed Physician false David Laxson MD Husband - Barbara Daniels 734565 Employed Physician false Form 990 Part IV Line 14a WHILE UMPHYSICIANS DID NOT MAINTAIN AN OFFICE OR EMPLOYEES OUTSIDE OF THE UNITED STATES, A SUBSIDIARY OF UMPHYSICIANS DID. HOWEVER, THIS SUBSIDIARY IS NOT INCLUDED AS PART OF THIS FORM 990. FORM 990, PART VI, LINE 7b THE BY-LAWS OF THE ORGANIZATION GRANT THE DEAN OF THE MEDICAL SCHOOL CERTAIN DECISION MAKING CAPABILITIES AS APPLICABLE. THE BOARD OF REGENTS OF THE UNIVERSITY OF MINNESOTA (BOARD OF REGENTS), IS A PUBLIC CORPORATE BODY ORGANIZED AND EXISTING UNDER THE CONSTITUTION AND LAWS OF THE STATE OF MINNESOTA. THE CORPORATION EXISTS UNDER THE PROVISIONS OF THE MEDICAL SERVICE PLAN AS ADOPTED BY THE BOARD OF REGENTS. THEREFORE, CERTAIN ACTIONS TAKEN BY THE CORPORATION REQUIRE APPROVAL BY THE BOARD OF REGENTS. IN ADDITION, CERTAIN MATTERS TAKEN UP BY THE CORPORATION'S BOARD OF DIRECTORS MAY REQUIRE MEMBER APPROVAL. FORM 990, PART VI, LINE 11A FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY AT A BOARD MEETING BEFORE THE RETURN IS FILED. FORM 990, PART VI, LINE 12C DIRECTORS, OFFICERS , AND EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM WHICH IS ANNUALLY REVIEWED BY MANAGEMENT AND OUTSIDE LEGAL COUNSEL IF NECESSARY. IF ANY OFFICER, DIRECTOR OR COMMITTEE MEMBER OF THE CORPORATION IS CONSIDERED TO HAVE A CONFLICT OF INTEREST, THEY SHOULD GIVE THE BOARD OF THE CORPORATION NOTICE OF SUCH INTEREST OR RELATIONSHIP AND SHALL THEREAFTER REFRAIN FROM VOTING OR OTHERWISE ATTEMPTING TO EXERT ANY INFLUENCE ON THE CORPORATION TO AFFECT ITS DECISION TO PARTICIPATE OR NOT PARTICIPATE IN SUCH TRANSACTION. THE INTERESTED OFFICER, DIRECTOR OR COMMITTEE MEMBER SHALL LEAVE ANY MEETING DURING ANY DISCUSSION OF A MATTER IN WHICH SUCH INDIVIDUAL IS CONSIDERED TO HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, LINE 15A THE ORGANIZATION HAS A FORMAL REVIEW PROCESS IN ITS HUMAN RESOURCE DEPARTMENT THAT UTILIZES A COMPENSATION DIRECTOR, COMPENSATION ANALYST WHO BENCHMARK AND REPORT LOCAL AND NATIONAL DATA AND SUGGEST GRADE LEVELS FOR COMMITTEE REVIEW. THE ORGANIZATION HAS AN EXECUTIVE COMPENSATION COMMITTEE THAT REPORTS DIRECTLY TO THE BOARD OF DIRECTORS. THE COMMITTEE INCLUDES COMMUNITY MEMBERS WHO ARE ENTIRELY EXTERNAL TO THE ORGANIZATION. IT ALSO USES COMPENSATION BENCHMARKING AND A FORMAL EMPLOYEE REVIEW PROCESS AS A GUIDE FOR SETTING AND REVIEWING COMPENSATION. THE LAST REVIEW, CONDUCTED BY EXTERNAL CONSULTANTS, WAS COMPLETED DURING 2016 AND WHILE REVIEWS ARE DONE EACH YEAR, EXTERNAL REVIEWS ARE PERFORMED APPROXIMATELY EVERY TWO YEARS. FORM 990, PART VI, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FOR VIEWING AT THE MAIN OFFICE DURING NORMAL BUSINESS HOURS. FORM 990, PART IX, LINE 1 UMPHYSICIANS MAKES VOLUNTARY TRANSFERS TO THE UNIVERSITY OF MINNESOTA MEDICAL SCHOOL TO SUPPORT RESEARCH, EDUCATION AND CLINICAL EXPENSES. BECAUSE THESE TRANSFERS ARE VOLUNTARY, THEY HAVE BEEN REPORTED ON PART IX, LINE 1 AS GRANTS. THEY HAVE ALSO BEEN REPORTED ON SCHEDULE I AS GRANTS. FORM 990, PART XI, LINE 9 EQUITY METHOD INVESTMENTS: $(14,585,833) UMPhysicians Management Company LLC 720 Washington Ave SE Ste 200 Minneapolis MN 55414 273661692 Management MN 3730 UMP University of Minnesota 1425 University Ave SE Minneapolis MN 55455 416007513 Public Univ. 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