2014-08-13T04:58:24-05:00 2013-09-30 990 2012-10-01 043230035 Partners HealthCare System Inc % PARTNERS FIN-TAX DIR PART 6177249841 Prudential Tower 800 Boylston Street Suite Boston MA 02199 PETER K MARKELL 2014-08-07 2012 2015-11-30 17:44:51Z Gary L Gottlieb MD MBA 800 Boylston Street Boston MA 02199 961678677 false X http:www.partners.org X 1993 MA Partners HealthCare System, Inc. is committed to serving the community and is dedicated to enhancing patient care, teaching and research, and to taking a leadership role as an integrated health care system. 18 7 6448 0 11790651 -236 197858081 295077034 546256453 576882979 1345121 74931561 15171930 14787103 760631585 961678677 115032652 82299681 0 0 384841186 405231116 210639 125477 2400590 429631254 331472262 929715731 819128536 -169084146 142550141 3785801720 4249396529 4062957506 4253990833 -277155786 -4594304 X PARTNERS HEALTHCARE SYSTEM, INC. (PARTNERS) IS COMMITTED TO SERVING THE COMMUNITY AND IS DEDICATED TO ENHANCING PATIENT CARE, TEACHING AND RESEARCH, AND TO TAKING A LEADERSHIP ROLE AS AN INTEGRATED HEALTH CARE SYSTEM. PARTNERS RECOGNIZES THAT INCREASING VALUE AND CONTINUOUSLY IMPROVING QUALITY ARE ESSENTIAL TO MAINTAINING EXCELLENCE. false false 229511572 82299681 576882979 See Schedule O 229511572 true true false true false false false false false true true true false false true false false true false true true false false true false false false true false true true false false false false false false false false true true false false false false true true true true false false true 4349 0 true 6448 true true true false false false false true true false false false false X 18 7 true false false false true true true true true false true true true true true true true true true true true true AL AR CA CO FL GA HI KS LA ME MD MA MS NH NJ NY NC ND PA TX VT VA WV WI X PARTNERS FIN-TAX DIR 6177249841 529 MAIN STREET 5TH FLOOR Charlestown MA 02129 X Nesli Basgoz MD 1.0 50.0 X 0 267623 42036 Anne M Finucane 1.0 1.0 X 0 0 0 Charles K Gifford 1.0 1.0 X 0 0 0 Gary L Gottlieb MD MBA 50.0 X X 2546497 0 69871 Richard E Holbrook 1.0 1.0 X 0 0 0 Albert A Holman III 1.0 1.0 X 0 0 0 Edward P Lawrence Esq 1.0 X 0 0 0 Jay O Light PhD 1.0 X 0 0 0 Joseph Loscalzo MD PhD 1.0 50.0 X 0 626976 61798 Stanley J Lukowski 1.0 1.0 X 0 0 0 Jim Manzi 1.0 X 0 0 0 Maury E McGough MD 1.0 50.0 X 0 554044 74163 Carol C McMullen 1.0 1.0 X 0 0 0 Cathy E Minehan 1.0 1.0 X 0 0 0 G Marshall Moriarty Esq 1.0 1.0 X 0 0 0 Scott A Schoen 1.0 1.0 X 0 0 0 Henri A Termeer 1.0 1.0 X 0 0 0 Dorothy A Terrell 1.0 1.0 X 0 0 0 Gwill York 1.0 1.0 X 0 0 0 Maureen Goggin 50.0 X 166008 0 31619 Peter K Markell 50.0 1.0 X 3526635 0 360680 John R Barker 50.0 X 687387 0 2326 James W Noga 50.0 X 561440 0 251377 Dennis D Colling 50.0 X 715809 0 76680 Timothy G Ferris MD 50.0 X 767246 0 52856 Brent L Henry Esq 50.0 1.0 X 942360 0 51105 Michael S Jellinek MD 50.0 1.0 X 1273601 0 74114 Thomas H Lee MD 50.0 X 864597 0 71803 Mary C Lalonde Esq 50.0 X 145947 0 44287 Thomas P Glynn PhD 1.0 X 762655 0 23034 Michael T Manning 50.0 X 502849 0 57617 Jay B Pieper 23.0 X 175236 0 0 13638267 1448643 1345366 887 true true false Huron Consulting Group Inc 3005 Momentum Place CHICAGO IL 606895330 Consulting Services 25829630 Accenture LLP PO Box 70629 CHICAGO IL 60673 Consulting Services 19929323 Randstad PO Box 7247-6655 PHILADELPHIA PA 191706655 Staffing Services 6946872 Deloitte Consulting LLP PO Box 7247-6447 PHILADELPHIA PA 191706447 Consulting Services 4293017 Netversant New England Inc PO Box 201782 DALLAS TX 753201782 Technological Svcs. 3758720 120 288312128 6764906 295077034 ADMINISTRATIVE FEE 561000 576882979 576882979 576882979 5289094 5289094 101098 101098 454530 454530 1175850 1175850 0 1175850 1175850 69541369 69541369 69541369 15541 69525828 0 0 0 MANAGEMENT SERVICE 561000 5516110 5516110 CHILD CARE REVENUE 624410 1381613 1381613 INTEREST REVENUE 900003 6259000 6259000 13156723 961678677 576882979 11790651 77928013 82299681 82299681 0 0 0 8203840 8203840 0 298065885 297166546 899339 33915786 33915786 41185131 40900919 284212 23860474 23860474 0 25981386 25981386 1584100 1584100 2126493 2126493 125477 125477 0 18176021 17650768 525253 4401455 4401250 205 20024140 19955038 69102 39469041 39469041 306051 306051 27187619 26790092 397527 3592617 3569296 23321 0 493576 499696 -6120 116379073 116379073 0 43813734 43813734 1071163 1071163 MEALS 2011573 1960570 51003 NON CAPITAL EQUIPMENT 209358 209358 OTHER RESEARCH EXPENSES 11220792 11220792 SYSTEM DEVELOPMENT FUNDING 145764000 -145764000 13424070 1447891 11944908 31271 819128536 229511572 587216374 2400590 0 0 115274315 114299068 15755598 11693250 23077461 24086978 0 0 0 0 2305967794 2841307380 0 0 4285522 10521341 461254043 128274637 322442650 332979406 0 0 774535139 732670450 0 0 0 0 224463241 181838656 3785801720 4249396529 940281306 779565623 0 0 0 0 2620091286 2571501420 0 0 0 0 0 0 0 0 502584914 902923790 4062957506 4253990833 X -292648600 -18297770 14342814 12553466 1150000 1150000 -277155786 -4594304 3785801720 4249396529 X 142550141 4071533 0 0 0 125939808 X false true X true false X 131286751 291715447 222666904 197858081 295077034 1138604217 0 0 131286751 291715447 222666904 197858081 295077034 1138604217 0 1138604217 21851217 21763893 19377376 19902859 20177295 103072640 0 0 1241676857 2538176629 0.91699 0.89749 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false true 0 false false true 2126493 false false 2126493 false Lobbying Expenses Part II-B The Corporation may on occasion contact its employees with a voluntary opportunity to participate in the conversation to protect against cuts in Federal funding that would have an adverse impact on the Corporation and its Affiliates as well as the pace of medical advances, the economy, and the global competitiveness of the Corporation. The Corporation may on occasion review proposed legislation for the purpose of determining the effect upon its tax-exempt purposes. The Corporation may on occasion also appear before a legislative committee, confer with legislators or otherwise attempt to influence legislation. However, it will not participate, in any way, in political campaigns. The Corporation's involvement in legislative activities constitutes an insubstantial part of its activities. 5609796 199812 507611 247360 6069859 5162396 189373 447400 189373 5609796 5110800 171858 51596 171858 5162396 4740375 157159 370425 157159 5110800 4556070 166083 231385 213163 4740375 0.81000 0.19000 0.00000 false false 27376692 22099657 49476349 19390411 29710661 10556328 38544744 27544702 15022732 12521970 205411541 102695577 102715964 129720379 0 129720379 332979406 INVESTED CASH EQUIVALENTS 53783666 F EQUITIES 8217949 F U.S. GOV'T & FIXED INCOME SEC. 4919969 F PRIVATE PARTNERSHIPS & OTHER 216999 C INV IN PARTNERS POOLED INV ACC 665531867 F 732670450 0 THIRD PARTY PAYER SETTLEMENT ACCR. 0 UNEXPENDED FUNDS ON RESEARCH G 216244 SECURITIES LENDING ARRANGEMENT -1167151 TAXABLE BONDS, SERIES C & SERIES P 903874697 902923790 Intended Use of Endowment Funds Part V, Line 4 The endowment funds of Partners HealthCare System, Inc. are used in furtherance of the organization's tax-exempt mission. FIN 48 Footnote Part X, Line 2 Partners HealthCare System, Inc. does not have a FIN 48 Footnote disclosure in the consolidated audited financial statements. Central America and the Caribbean 0 0 Program Services Jointly Owned For. Ins 555622 East Asia and the Pacific 0 0 Program Services Pat. Care, Res. & Educ 143869 Europe (Including Iceland and Greenland) 0 0 Program Services Pat. Care, Res. & Educ 236924 Middle East and North Africa 0 4 Program Services Pat. Care, Res. & Educ 58462 North America 0 0 Program Services Pat. Care, Res. & Educ 225044 South America 0 0 Program Services Pat. Care, Res. & Educ 399 South Asia 0 0 Program Services Pat. Care, Res. & Educ 63663 0 4 0 4 1283983 1283983 true false true true true true Accounting method Part I, Line 3 The organization uses the book value method to report foreign expenditures to be consistent with the reporting used for the financial statements. X X X X X X true PGCalc 129 Mount Auburn Street Cambridge MA 02138 FUNDRAISING STRATEGY false 0 80738 0 The Wayland Group 323 Boston Post Road Sudbury MA 01776 FUNDRAISING STRATEGY false 0 44739 0 0 125477 0 DE ID IN MA MT NE NV NH TX WY true Mass Assoc of School-Based Health Care 40 Court Street Boston MA 02108 043527138 501(c)(3) 10000 Community Benefits Community Service Care Inc PO Box 300010 Jamaica Plain MA 02130 042754281 501(c)(3) 6000 Community Benefits Boston HealthCare for the Homeless Program 729 Massachusetts Avenue Boston MA 02118 043160480 501(c)(3) 200260 Community Benefits Mattapan Community Health Center Inc 1575 Blue Hill Avenue Mattapan MA 02126 042544151 501(c)(3) 222516 Community Benefits Project Bread - The Walk for Hunger Inc 145 Border Street East Boston MA 02128 042931195 501(c)(3) 25000 Community Benefits Massachusetts Public Health Association 101 Tremont Street Boston MA 02108 042326503 501(c)(3) 35000 Community Benefits Camp Harbor View Foundation Inc 200 Clarendon Street Boston MA 02116 753235491 501(c)(3) 1100000 Community Benefits Program Upham's Corner Community Health Center Inc 500 Columbia Road Dorchester MA 02125 042708670 501(c)(3) 623356 Community Benefits Program Mass League of Community Health Centers 40 Court Street Boston MA 02108 042507409 501(c)(3) 777230 Community Benefits Program Health Care for All Inc 30 Winter Street Boston MA 02108 043071598 501(c)(3) 208500 Community Benefits Program Lynn Community Health Inc 269 Union Street Lynn MA 01901 042525066 501(c)(3) 873364 Community Benefits Program Institute for Community Health Inc 101 Station Landing Medford MA 02155 043543853 501(c)(3) 440000 Community Benefits Program South Boston Community Health Center Inc 409 W Broadway St South Boston MA 02127 042682152 501(c)(3) 135000 Community Benefits Program Citizens United for Research in Epilepsy 223 West Erie Street Chicago IL 60654 364253176 501(c)(3) 15000 Community Benefits Program The Massachusetts General Hospital 205 Portland Street Boston MA 02114 041564655 501(c)(3) 43167 Community Benefits Program Community Works Inc 25 West Street Boston MA 02111 042762623 501(c)(3) 31000 Community Benefits Program American Heart Association Inc 7272 Greenville Avenue Dallas TX 75231 135613797 501(c)(3) 25000 Community Benefits Program Pine Street Inn Inc 444 Harrison Avenue Boston MA 02118 042516093 501(c)(3) 60000 Community Benefits Program The Mass Association for Mental Health 130 Bowdoin Street Boston MA 02108 042104711 501(c)(3) 25000 Community Benefits Program South End Community Health Center Inc 1601 Washington Street Boston MA 02118 042456134 501(c)(3) 25000 Community Benefits Program Action for Boston Community Development 178 Tremont Street Boston MA 02111 042304133 501(c)(3) 20000 Community Benefits Program Boston Center for Independent Living Inc (BCIL) 60 Temple Place 5th Floor Boston MA 02111 042546595 501(c)(3) 32500 Community Benefits Program The Fund for Boston Neighborhoods PO Box 961555 Boston MA 02196 046185609 501(c)(3) 10000 Community Benefits Program The Boston Foundation PO Box 961555 Boston MA 02196 042104021 501(c)(3) 19167 Community Benefits Program Hospitality Homes Inc PO Box 15265 Boston MA 02215 043204112 501(c)(3) 15000 Community Benefits Program United Way of Mass Bay Inc PO Box 51381 Boston MA 022051381 042382233 501(c)(3) 110000 Community Benefits Program National Alliance on Mental Illness of Mass 400 West Cummings Park Woburn MA 01801 042777012 501(c)(3) 10000 Community Benefits Program AIDS Action Committee of Massachusetts Inc 75 Amory Street Boston MA 02119 222707246 501(c)(3) 7500 Community Benefits Program Big Sister Association of Greater Boston 161 Massachusetts Avenue Boston MA 02115 042150651 501(c)(3) 33000 Community Benefits Program Boston Public School Teachers Retirement F 26 Court Street Boston MA 02108 042080791 501(c)(11) 85000 Community Benefits Program Massachusetts Business Alliance for Educ 400 Atlantic Avenue Boston MA 02110 043274599 501(c)(3) 10000 Community Benefits Program Charlestown Recovery House Inc PO Box 290175 Charlestown MA 02129 043505037 501(c)(3) 25000 Community Benefits Program The American Ireland Fund 211 Congress Street Boston MA 02110 251306992 501(c)(3) 10000 Community Benefits Program Health Career Connection Inc 300 Frank Ogawa Plaza Oakland CA 94612 251904312 501(c)(3) 13000 Community Benefits Program Boston's Higher Ground Inc 384 Warren Street Roxbury MA 02119 273660369 501(c)(3) 10000 Community Benefits Program Boston Scholar Athlete Program Inc 65 Allerton Street Boston MA 02119 273987854 501(c)(3) 25000 Community Benefits Program Cairdes Inc 30 Monisa Kay Drive Plymouth MA 02360 020538771 501(c)(3) 7500 Community Benefits Program Greater Boston Chamber of Commerce 265 Franklin Street Boston MA 02110 041103090 501(c)(3) 25250 Community Benefits Program Northeastern University - Fitz Youth Sports Inst PO Box 835 Winchester MA 01890 041679980 501(c)(3) 120000 Community Benefits Program Boston Symphony Orchestra Inc 301 Massachusetts Avenue Boston MA 02115 042103550 501(c)(3) 5500 Community Benefits Program Combined Jewish Philanthropies of Greater 126 High Street Boston MA 02110 042103559 501(c)(3) 15000 Community Benefits Program Arthritis Foundation New England Region 29 Crafts Street Newton MA 02458 042113261 501(c)(3) 28334 Community Benefits Program Justice Resource Institute Inc 150 Gould Street Needham MA 02494 042526357 501(c)(3) 50000 Community Benefits Program Codman Square Health Center Inc 637 Washington Street Dorchester MA 02124 042678774 501(c)(3) 25000 Community Benefits Program Alzheimers Disease and Related Disorders 480 Pleasant Street Watertown MA 02472 042731194 501(c)(3) 20000 Community Benefits Program Asian Community Development Corporation One Ashburton Place Boston MA 02108 042988263 501(c)(3) 15000 Community Benefits Program Friends of Children's Trust Fund Inc 55 Court Street 4th Floor Boston MA 02108 043123184 501(c)(3) 15000 Community Benefits Program Pathways to Wellness Inc 1601 Washington Street Boston MA 02118 043131334 501(c)(3) 30000 Community Benefits Program Brockton Neighborhood Health Center Inc 63 Main Street Brockton MA 02125 043165044 501(c)(3) 10000 Community Benefits Program Alliance for Inclusion and Prevention Inc 105 Cummins Highway Roslindale MA 02131 043285237 501(c)(3) 16000 Community Benefits Program National Association of Corporate Directors 10 Back Bay River Road Amesbury MA 01913 043370584 501(c)(3) 10000 Community Benefits Program Lawyers' Committee for Civil Rights 294 Washington Street Boston MA 02018 043490614 501(c)(3) 25000 Community Benefits Program Partners in Health a Nonprofit Corporation 888 Commonwealth Avenue Boston MA 02215 043567502 501(c)(3) 50000 Community Benefits Program Girls' Latin SchoolBoston Latin Academy 205 Townsend St Boston MA 02121 046001380 501(c)(1) 15000 Community Benefits Program University of Massachusetts Foundation Inc 100 Morrissey Boulevard Boston MA 02125 046013152 501(c)(3) 12500 Community Benefits Program Catholic Schools Foundation Inc 260 Franklin Street Boston MA 02110 222485502 501(c)(3) 50000 Community Benefits Program ROCA Inc 101 Park Street Chelsea MA 02150 223223641 501(c)(3) 12500 Community Benefits Program Dorchester House Multi-Service Center Inc 1353 Dorchester Avenue Dorchester MA 02122 237125970 501(c)(3) 10000 Community Benefits Program East Boston Neighborhood Health Center Corp 10 Gove Street East Boston MA 02128 237425849 501(c)(3) 25000 Community Benefits Program Edward M Kennedy Institute for the US 400 Atlantic Avenue Boston MA 02110 270963869 501(c)(3) 25000 Community Benefits Program Partners Continuing Care Inc 800 Boylston Street Boston MA 02199 260003495 501(c)(3) 62648494 To Support its Tax Exempt Affiliates The Spaulding Rehabilitation Hospital Corp 300 First Avenue Charlestown MA 02129 042551124 501(c)(3) 1422356 To Support its Tax Exempt Affiliates Rehabilitation Hospital of the Cape and I 311 Service Road East Sandwich MA 02537 043071419 501(c)(3) 389090 To Support its Tax Exempt Affiliates Partners Home Care Inc 281 Winter Street Waltham MA 02451 042918280 501(c)(3) 3166403 To Support its Tax Exempt Affiliates Spaulding Hospital - Cambridge Inc 1575 Cambridge Street Cambridge MA 02138 270273715 501(c)(3) 825687 To Support its Tax Exempt Affiliates WNR Inc 1 Linton Lane Oak Bluffs MA 02557 043419920 501(c)(3) 1000000 To Support its Tax Exempt Affiliates FRC Inc 70 Fulton Street Boston MA 02109 222632121 501(c)(3) 940918 To Support its Tax Exempt Affiliates One Fund Boston Inc 53 State Street Boston MA 02109 462547157 501(c)(3) 1000000 Community Benefits Program 66 2 Schedule I, Part I, Line 2 Partners HealthCare System, Inc. makes donations to various tax-exempt organizations. These donations can be used by the recipient only in furtherance of their tax-exempt mission. X X true true X X X X X true true false false false false false false false Nesli Basgoz MD 0 222116 0 4167 0 41340 0 34501 0 7535 0 309659 0 0 Gary L Gottlieb MD MBA 1412637 0 400000 0 733860 0 34496 0 35375 0 2616368 0 0 0 Joseph Loscalzo MD PhD 0 561181 0 68778 0 -2983 0 34499 0 27299 0 688774 0 0 Maury E McGough MD 0 445573 0 74813 0 33658 0 42637 0 31526 0 628207 0 0 Maureen Goggin 131244 0 750 0 34014 0 11882 0 19737 0 197627 0 0 0 Peter K Markell 1185072 0 120000 0 2221563 0 334497 0 26183 0 3887315 0 1500000 0 John R Barker 136460 0 522912 0 28015 0 0 0 2326 0 689713 0 0 0 James W Noga 446530 0 49000 0 65910 0 220055 0 31322 0 812817 0 0 0 Dennis D Colling 467782 0 51000 0 197027 0 34497 0 42183 0 792489 0 0 0 Timothy G Ferris MD 485500 0 196784 0 84962 0 34496 0 18360 0 820102 0 0 0 Brent L Henry Esq 591052 0 61000 0 290308 0 34497 0 16608 0 993465 0 0 0 Michael S Jellinek MD 863746 0 86750 0 323105 0 34496 0 39618 0 1347715 0 0 0 Thomas H Lee MD 737044 0 79479 0 48074 0 34498 0 37305 0 936400 0 0 0 Mary C Lalonde Esq 136822 0 750 0 8375 0 14872 0 29415 0 190234 0 0 0 Thomas P Glynn PhD 0 0 0 0 762655 0 0 0 23034 0 785689 0 0 0 Michael T Manning 423349 0 9200 0 70300 0 34496 0 23121 0 560466 0 0 0 Jay B Pieper 0 0 10500 0 164736 0 0 0 0 0 175236 0 0 0 Payment or reimbursement of expenses Part I, Line 1a Health or social club dues or initiation fees were provided to an officer. In addition, financial planning services were provided to one of the highest compensated employees. Both of these payments were made pursuant to a written policy and both were treated as taxable compensation. Receipt of Severance Payments Part I, Line 4a Thomas P. Glynn, Ph.D. - $684,639 Participation in a Supplemental Nonqualified Retirement Plan Part I, Line 4b These amounts are already included in the compensation disclosed on Schedule J, Part II Gary L. Gottlieb, M.D. M.B.A - $652,722 Peter K. Markell - $354,027 Dennis D. Colling - $129,462 Brent L. Henry, Esq. - $201,284 Michael S. Jellinek, M.D. - $265,031 Michael T. Manning - $5,547 Trustee Compensation Part II Trustees receive no compensation or contributions to employee benefit plans for service on the Board or its Committees. Board members who are also employed by the Corporation or a Partners affiliate receive compensation only for their services as employees. A MHEFA Partners HealthCare System Inc Series D 042456011 57585K3N6 2003-05-28 343630000 SERIES D - SEE SCHEDULE K PART VI false false false B MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES E 042456011 57585K4Q8 2003-06-12 62476437 SERIES E - SEE SCHEDULE K PART VI false false false C MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES F 042456011 57586CGW9 2005-06-10 411566153 SERIES F - SEE SCHEDULE K PART VI false false false D MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES G-5 042456011 57586CZL2 2007-06-07 326508722 SERIES G - SEE SCHEDULE K PART VI false false false A 251625000 0 344268619 0 15436586 0 2026416 0 0 249756929 77048688 0 2005 true false true true B 54150000 0 62476437 0 0 0 272039 0 0 0 62204398 0 1994 true false true true C 38620000 0 419448101 0 18398432 0 2671595 2650000 0 326493380 69234694 0 2007 true false true true D 34240000 0 329345063 0 9382534 0 2338149 0 0 164128012 153496369 0 2009 true true true true A false false false false 0.00000 0.00000 0.00000 false false false true B 0 C false false false false 0.00000 0.00000 0.00000 false false false true D false false false false 0.00000 0.00000 0.00000 false false false true A false false false true true true Bear Stearns Capital 32.2 false false true Trinity Plus 2.4 true false true B false false false true false false 0 false 0 false true C false false false true true true Bear Stearns Capital 35. false false true XL Asset Funding 1.8 true false true D false false false true false false 0 true Citigroup Financial 1.7 true false true A true B true C true D true Part VI - see Federal Footnotes 0 A MHEFA PARTNERS HEALTHCARE SER G-1G-2G-3G-4G-6 042456011 57586CZW8 2007-06-07 380000000 SERIES G - SEE SCHEDULE K PART VI false false false B MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES H 042456011 57586CW27 2008-04-01 171320000 SERIES H - SEE SCHEDULE K PART VI false false false C MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES I 042456011 57586EHR5 2009-05-14 229977036 SERIES I - SEE SCHEDULE K PART VI false false false D MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES J 042456011 57586ENK3 2010-01-05 509178736 SERIES J - SEE SCHEDULE K PART VI false false false A 225000000 0 386190828 0 20479076 0 2776551 4696147 0 358239054 0 0 2009 false false true true B 0 0 171320000 0 0 0 420000 0 0 0 170900000 0 2009 true false true true C 2435000 0 229981250 0 0 0 2556080 116071 0 227309098 0 0 2009 false false true true D 34195000 0 509258319 0 0 0 5151067 0 0 249983765 254123487 0 2010 true false true true A false false false false 0.00000 0.00000 0.00000 false false false true B false false false false 0.00000 0.00000 0.00000 false false false true C false false false false 0.00000 0.00000 0.00000 false false false true D false false false false 0.00000 0.00000 0.00000 false false false true A false false false true true true Goldman Sachs Cap 35. false false true Citigroup Financial 1.7 true false true B false false false true true false 0 true Citigroup Financial 0.8 true false true C false true false false true true Merrill Lynch Cap 35. false false false 0 false true D false true false false false false 0 false 0 false true A true B true C true D true A MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES K 043431814 57583R6W0 2011-01-13 436019104 SERIES K - SEE SCHEDULE K PART VI false false false B MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES L 043431814 57583UMV7 2012-01-04 353501227 SERIES L - SEE SCHEDULE K PART VI false false false A 960000 0 436030814 0 0 0 3523063 0 0 201342457 231165294 0 2011 true true true true B 0 0 353317750 0 0 0 3056210 0 0 260903277 89358263 0 2012 true true true true A false false false false 0.00000 0.00000 0.00000 false false false true B false false false false 0.00000 0.00000 0.00000 false false false true A false true false false true true Merrill Lynch Cap 35. false false false 0 false true B false true false false false false 0 false 0 false true A true B true D Shtasel Family - Gottlieb 221140 Salary-Mass General Phys. Org. false A Moriarty Family - Moriarty 155302 Salary-Brigham & Women's Hosp. false A Holliday Family - McGough 69038 Salary-Partners HealthCare S. false Abiomed Termeer - Director 1100500 Products & Services false Bank of America Finucane - Director 19783393 Banking false Bank of America Gifford - Director 19783393 Banking false RMFCRICO Lawrence - Director 97373783 Insurance false RMFCRICO Markell - Officer 97373783 Insurance false RMFCRICO Moriarty - Director 97373783 Insurance false RMFCRICO Pieper - Former KE 97373783 Insurance false Forest LaboratoriesForest Pharmac Basgoz - Director 371812 Products false Medicalis Holman - Director 1159773 Decision Support false NUNSTAR Gifford - Director 18420293 Utilities false TargAnox Loscalzo - Director 133805 Products & Services false ThermoFisher Manzi - Director 17010411 Products false Statement of Program Service Accomplishments Form 990, Part III, Line 4a PARTNERS HEALTHCARE SYSTEM, INC., (PARTNERS) ESTABLISHED IN MARCH 1994, IS THE CORPORATION OVERSEEING THE AFFILIATION OF BRIGHAM AND WOMEN'S HEALTH CARE, THE MASSACHUSETTS GENERAL HOSPITAL, NSMC HEALTHCARE, INC., NEWTON-WELLESLEY HEALTH CARE SYSTEM, INC., PARTNERS CONTINUING CARE, INC. AND NEIGHBORHOOD HEALTH PLAN, INC. PARTNERS IS DEVELOPING AN INTEGRATED HEALTH CARE DELIVERY SYSTEM THROUGHOUT THE REGION THAT OFFERS PATIENTS A CONTINUUM OF COORDINATED, HIGH-QUALITY CARE. THE SYSTEM INCLUDES PRIMARY CARE PHYSICIANS AND SPECIALISTS, COMMUNITY HOSPITALS, THE TWO FOUNDING ACADEMIC MEDICAL CENTERS (MGH AND BWH) AND OTHER HEALTH-RELATED ENTITIES. PARTNERS IS CREATING A FRAMEWORK IN WHICH ALL ASPECTS OF THE HEALTH CARE DELIVERY SYSTEM ARE COORDINATED BETWEEN AND AMONG PROVIDERS AND FACILITIES. PARTNERS IMPROVES THE QUALITY OF HEALTH CARE AND FURTHER SERVES THE PUBLIC AT LARGE BY SUPPORTING ITS MEMBER ORGANIZATIONS SO THAT THEY MAY PURSUE THEIR TEACHING AND RESEARCH MISSIONS. THE MEMBER ORGANIZATIONS OF PARTNERS HAVE JOINED TOGETHER IN A COMMITMENT TO SERVE THE COMMUNITY. TOGETHER, THESE ORGANIZATIONS ARE DEDICATED TO ENHANCING PATIENT CARE, TEACHING AND RESEARCH, AND TO TAKING A LEADERSHIP ROLE AS AN INTEGRATED HEALTH CARE SYSTEM. Partners is committed to leading the way in designing integrated patient and family-centered care with the goals of enhancing the quality of patient care and slowing the increase in health care costs. Partners has launched a series of strategic initiatives to redesign care with an emphasis on improving quality and affordability. Multi-disciplinary teams from Partners and from Partners HealthCare hospitals were assembled to develop and implement strategies for change, focusing on the following key areas: Care Redesign: initiatives that seek improvement in patient quality and outcomes while reducing the cost to deliver those outcomes. Patient Affordability: initiatives to manage cost growth and reduce per unit costs in direct patient care and overhead. Additional and ongoing initiatives include the following: Promoting payment systems that support more integrated, patient-centered care. Providing population health management for the sickest patient groups. Delivering safety across the continuum of care. Redesigning primary care. Maximizing the use of new information technology. PLEASE VISIT HTTP://WWW.PARTNERS.ORG/ABOUT/PHILANTHROPY/COMMITMENT-TO-GIVING/DEFAULT.AS PX FOR MORE INFORMATION ABOUT SPECIFIC PARTNERS' PROGRAMS AND INITIATIVES. Executive Committee Part VI, Section A, Line 1a The Executive Committee has all of the responsibilities and authority of the Directors during intervals between meetings of the Directors except for the powers specified in Section 55 of Massachusetts General Laws, Chapter 156B. The Committee consists of three to five Directors of the Corporation appointed annually by the Board of Directors. Independent Voting Board Members Part VI, Section A, Line 1b Partners HealthCare System, Inc. seeks to have a Board that is composed of individuals with the requisite expertise and community representation so that it may effectively govern. During this reporting period, some members of the Board, who contribute important expertise and diverse perspective, may have been affiliated with an organization that was involved in a transaction reported on Schedule L. In some instances, these transactions involved essential products and services for which the vendor chosen was a leading national or regional source. Three such vendors are nationally-known suppliers of health-care and/or research-related products; another is a primary regional supplier of electricity. In addition, multiple Board members sit on the Board of our jointly-owned captive liability insurance company. As described on this Schedule O, Partners HealthCare System, Inc. has a conflict of interest policy to address instances where Partners HealthCare System, Inc. may be involved, directly or indirectly, in a transaction with a member of the Board. This policy protects against undue influence by Board members and assists the Board in making decisions that are in the best interests of Partners HealthCare System, Inc. Business and Family Relationships Form 990, Part VI, Section A, Line 2 Peter Markell & Richard Holbrook - Business Relationship G. Marshall Moriarty, Jay Pieper, Peter Markell & Edward Lawrence - Business Relationship Charles Gifford & Anne Finucane - Business Relationship Decisions of Governing Body Subject to Member Approval Form 990, Part VI, Section A, Lines 7a&b Pursuant to the corporate bylaws of the organization, the authority for the following actions is reserved to the members of the organization: - Members shall determine the number of PHS Directors and shall elect PHS Directors. Members may, by a vote, increase the number of PHS directors. Members may decrease the number of PHS Directors, but only to eliminate vacancies existing by reason of the death, resignation or removal of one or more elected PHS Directors. - Members may remove a PHS Director with or without cause by vote. - Members may amend PHS bylaws in whole or in part or may repeal and adopt new bylaws. Members may adopt, amend or repeal any Bylaw, including any Bylaws adopted, amended or repealed by the Directors. Pursuant to the laws of Massachusetts, the authority for the following actions is reserved to the member of the organization: - Amend or restate the Articles of Organization - Consolidation or merger - Sale, lease, exchange or disposition of all or substantially all of the organizations property or assets. Form 990 Review Form 990, Part VI, Section B, Line 11b The Form 990 was prepared and reviewed by the Partners HealthCare System, Inc. (PHS) Tax Department. Certain key sections were also reviewed by the PHS Executive Vice President of Administration and Finance, CFO and Treasurer; the PHS Vice President of Human Resources and by the PHS General Counsel. The Executive Vice President of Administration and Finance, CFO and Treasurer reviewed and signed the Form 990. The compensation disclosures were presented to and discussed with the PHS Compensation Committee at the April 24, 2014 meeting. The process for preparing and reviewing Form 990 was discussed at the April 30, 2014 meeting of the Audit Committee of the PHS Board of Directors. The final filing version of the Form 990 was provided to each voting Board member prior to filing. Conflict of Interest Policy Form 990, Part VI, Section B, Line 12c For purposes of its annual tax filing, Partners HealthCare has an annual questionnaire process for obtaining information on interests that may give rise to conflicts from all officers, directors, trustees and key employees. In addition, in connection with Partners' Conflict of Interest Policy, the Partners Office for Interactions with Industry and Office of General Counsel work together to periodically distribute, collect and review disclosure statements from these individuals. The information on each such disclosure is reviewed by each individual's supervisor (who in the case of directors and trustees is deemed to consist of the Chairman of the Board and the entity's President/CEO, who review the disclosures with the assistance of the General Counsel or attorney representatives of his office). Partners has a Conflict of Interest Policy that applies to all entities in the system, and which is designed to: (1) identify relationships and conduct that create either conflicts of interest or conflicts of commitment; (2) establish a system for disclosing and resolving potential conflicts; and (3) ensure that transactions are negotiated at arm's length and that payments are at fair market value. Under our policy, when a conflict arises, the individual associated with the outside entity in question must provide full disclosure and completely recuse him/herself from any institutional decision-making about the transaction. In appropriate circumstances, (i) the Corporation must consider at least two alternative disinterested competitive proposals; or must determine that two such competitive proposals do not exist or that it would be impractical to elicit or consider such competitive proposals; and (ii) the Corporation must determine that, notwithstanding the apparent conflict, the transaction is fair and reasonable to the Corporation and is in the best interests of the Corporation. A written record must be made of these determinations. Furthermore, transactions that present particularly significant conflicts are reviewed by an independent committee of Partners, which review is also documented. Conflicts of commitment by the Partners President and CEO are addressed by requiring outside activities to be approved by the Partners Board Chair. Process for Determining Compensation Form 990, Part VI, Line 15b The organization has a board level compensation committee that reviews and approves the compensation for all listed officers and key employees except the Secretary. The committee is comprised of members of the board who are not employed by the organization, and no member may participate in the review and approval of compensation if the member has a conflict of interest with respect to that compensation arrangement. The committee relies on data, provided by an independent compensation consultant, which includes comparable compensation for similarly qualified persons, in functionally comparable positions, at similarly situated organizations. The deliberations and decisions of the committee are documented in minutes of the meeting. This review process occurs on an annual basis. Joint Venture Policy Form 990, Part VI, Section B, Line 16b Partners HealthCare System, Inc. and affiliates adopted a written policy during fiscal year 2013. Public Availability of Financial Statements and Governing Documents Part VI, Section C, Line 19 The Organization's governing documents are filed with the Massachusetts Secretary of State and the Financial Statements are filed with the Massachusetts Attorney General, all of which are open to public inspection. The Organization's conflict of interest policy is available on the Organization's website. Other Changes in Net Assets or Fund Balances Part XI, Line 9 Other changes in net assets or fund balances relate to: - Change in funded status of defined benefit plans $2,604,748 - Equity Investment Activity $5,521,926 - Change in fair value of hedging interest rate swaps $117,813,134 Total $125,939,808 Partners HealthCare International LLC 800 Boylston Street Boston MA 02199 205281203 Med Training MA 17356515 18851118 PHS PD Productions LLC 101 Merrimac Street 3rd Floor Boston MA 02114 562383458 Med Education MA 0 0 PHS Partners Private Care LLC 1101 Worcester Road Framingham MA 01701 263871702 Home Health MA 0 0 PHC GeneInsight LLC 101 Huntington Avenue Boston MA 02199 461081053 R & D MA 997486 -984246 PHS The Massachusetts General Hospital (MGH) 55 Fruit Street Boston MA 02114 041564655 Healthcare MA 501(c)(3) 7 PHS true The General Hospital Coporation 55 Fruit Street Boston MA 02114 042697983 Healthcare MA 501(c)(3) 3 MGH true Massachusetts General Physicians Org 55 Fruit Street Boston MA 02114 042807148 Healthcare MA 501(c)(3) 9 MGH true The MGH Health Services Corporation 55 Fruit Street Boston MA 02114 222717383 Healthcare MA 501(c)(3) 11a MGH true The MGH Institute of Health Professions 36 First Avenue Charlestown MA 02129 042868893 Med Education MA 501(c)(3) 2 MGH true McLean HealthCare Inc (MHC) 115 Mill Street Belmont MA 02478 204572876 Admin Support MA 501(c)(3) 11a MGH true The McLean Hospital Corporation 115 Mill Street Belmont MA 02478 042697981 Healthcare MA 501(c)(3) 3 MHC true Martha's Vineyard Hospital Inc (MVH) Linton Lane PO Box 1477 Oak Bluffs MA 02557 042104691 Healthcare MA 501(c)(3) 3 MGH true WNR Inc 1 Linton Lane Oak Bluffs MA 02557 043419920 Nursing Svcs. MA 501(c)(3) 9 MVH true Nantucket Cottage Hospital (NCH) 57 Prospect Street Nantucket MA 02554 042103823 Healthcare MA 501(c)(3) 3 MGH true Nantucket Cottage Hospital Foundation 57 Prospect Street Nantucket MA 02554 043829745 Admin Support MA 501(c)(3) 11a NCH true Brigham and Women's Health Care (BWHC) 75 Francis Street Boston MA 02115 042921338 Admin Support MA 501(c)(3) 7 PHS true The Brigham and Women's Hospital (BWH) 75 Francis Street Boston MA 02115 042312909 Healthcare MA 501(c)(3) 3 BWHC true Biosciences Research Foundation Inc 75 Francis Street Boston MA 02115 222483849 Promote Res. MA 501(c)(3) 11a BWHC true BWH Research Inc 75 Francis Street Boston MA 02115 043011445 Med Research MA 501(c)(3) 11a BWHC true Brigham Community Practices Inc 75 Francis Street Boston MA 02115 222588069 Healthcare MA 501(c)(3) 9 BWHC true Brigham and Women's Phys Org (BWPO) 75 Francis Street Boston MA 02115 043466314 Healthcare MA 501(c)(3) 9 BWHC true BWH Anesthesia Res & Educ Foundation 75 Francis Street Boston MA 02115 043492603 Med Res & Edu MA 501(c)(3) 7 BWPO true Brigham Medical Res & Edu Foundation 75 Francis Street Boston MA 02115 043539249 Med Res & Edu MA 501(c)(3) 11a BWPO true Brigham & Women's Ob-Gyn Res & Edu 75 Francis Street Boston MA 02115 043494863 Med Res & Edu MA 501(c)(3) 7 BWPO true Brigham Pathology Res & Edu Foundation 75 Francis Street Boston MA 02115 043541111 Med Res & Edu MA 501(c)(3) 11a BWPO true Brigham Radiology Res & Edu Foundation 75 Francis Sreet Boston MA 02115 043425905 Med Res & Edu MA 501(c)(3) 11a BWPO true Brigham and Women's Faulkner Hosp(BWFH) 1153 Centre Street Boston MA 02130 042768256 Healthcare MA 501(c)(3) 3 BWHC true Village Manor Nursing Home Inc 1153 Centre Street Boston MA 02130 042775265 Nursing Home MA 501(c)(3) 3 BWFH true Partners Continuing Care Inc (PCC) Prudential Tower 800 Boylston Stre Boston MA 02199 260003495 Admin Support MA 501(c)(3) 11a PHS true Spaulding Rehabilitation Hospital Corp 300 First Avenue Charlestown MA 02129 042551124 Healthcare MA 501(c)(3) 3 PCC true Rehab Hospital of the Cape & Islands 311 Service Road East Sandwich MA 02537 043071419 Healthcare MA 501(c)(3) 3 PCC true Shaughnessy-Kaplan Rehabilitation Hosp Dove Avenue Salem MA 01970 043067082 Healthcare MA 501(c)(3) 3 PCC true Partners Home Care Inc (PHC) 281 Winter Street Waltham MA 02451 042918280 Home Health MA 501(c)(3) 9 PCC true Partners Hospice Inc 48 Woerd Avenue 102 Waltham MA 02453 042730504 Home Health MA 501(c)(3) 7 PHC true FRC Inc 101 Merrimac Street Boston MA 02114 222632121 Healthcare MA 501(c)(3) 3 PCC true NSMC HealthCare Inc (NSHC) 81 Highland Avenue Salem MA 01970 043294420 Admin Support MA 501(c)(3) 11a PHS true North Shore Medical Center Inc 81 Highland Avenue Salem MA 01970 043399616 Healthcare MA 501(c)(3) 3 NSHC true North Shore Physicians Group Inc 81 Highland Avenue Salem MA 01970 043080484 Healthcare MA 501(c)(3) 11a NSHC true Newton-Wellesley HealthCare System(NWHC) 2014 Washington Street Newton MA 02462 204295282 Admin Support MA 501(c)(3) 11a PHS true Newton-Wellesley Hospital 2014 Washington Street Newton MA 02462 042103611 Healthcare MA 501(c)(3) 3 NWHC true Newton-Wellesley Ambulatory Services 2014 Washington Street Newton MA 02462 222560501 Healthcare MA 501(c)(3) 11a NWHC true Newton-Wellesley Hosp Charitable Found 2014 Washington Street Newton MA 02462 043455952 Fundraising MA 501(c)(3) 7 NWHC true Newton-Wellesley Children's Corner Inc 2014 Washington Street Newton MA 02462 042650246 Child Care MA 501(c)(3) 9 NWHC true Partners Medical International Inc 100 Cambridge Street Boston MA 02114 043197711 Med. Training MA 501(c)(3) 11a PHS true The Friends of The Brigham & Women's Hos 75 Francis Street Boston MA 02115 042239449 Fundraising MA 501(c)(3) 11a BWHC true Spaulding Hospital - Cambridge Inc 1575 Cambridge Street Cambridge MA 02138 270273715 Hospital MA 501(c)(3) 3 PCC true Nantucket Physician Organization Inc 57 Prospect Street Nantucket MA 02554 264349357 Healthcare MA 501(c)(3) 9 MGH true Neighborhood Health Plan Inc (NHP) 253 Summer Street Boston MA 02210 042932021 Insurance MA 501(c)(4) NONE PHS true Community Medical Alliance Inc 253 Summer Street Boston MA 02210 043454185 Insurance MA 501(c)(3) 11a NHP true Cooley Dickinson Hospital Inc 30 Locust Street Northampton MA 01060 222617175 Hospital MA 501(c)(3) 3 CDHCC true VNA & Hospice of Cooley Dickinson Inc 168 Industrial Drive Northampton MA 01060 042104788 Home Health MA 501(c)(3) 9 CDHCC true Cooley Dickinson Health Care Corp CDHCC 30 Locust Street Northampton MA 01060 042103561 Admin Support MA 501(c)(3) 11b MGH true CD Practice Associates Inc POBox 911 Northampton MA 01060 043194547 Healthcare MA 501(c)(3) 9 CDHCC true McLean Child Care Center Inc 115 Mill Street Belmont MA 02478 042932850 Child Care MA 501(c)(3) 11 MHC true PHS Bay Colony Fund 245 Park Avenue NY NY 10167 133887448 Investments DE PPIA Excluded 2551843 2997020 false -365943 false 0.94008 BSC Inc 75 Francis Street Boston MA 02115 042987478 Communication MA BWHC C 0 0 true Partners Community HealthCare Inc 800 Boylston Street Boston MA 02199 043236175 Healthcare MA PHS C 158006725 127565017 1.00000 true Newton-Wellesley Physician Hospital Org 2014 Washington Street Newton MA 02462 043209749 Healthcare MA NWHC C 6134194 9499927 1.00000 true true true true true false false false false false true true true false true true false true false false The Massachusetts General Hospital 1a(i) 14578488 FMV The General Hospital Corporation 1a(i) 21362028 FMV Newton-Wellesley Hospital 1a(i) 6746427 FMV Nantucket Cottage Hospital 1a(i) 48524 FMV The Brigham and Women's Hospital 1a(i) 29272250 FMV The McLean Hospital Corporation 1a(i) 1020104 FMV The Spaulding Rehabilitation Hospital Corp 1a(i) 511341 FMV Rehabilitation Hospital of the Cape & Islands 1a(i) 397617 FMV Brigham and Women's Faulkner Hospital Inc 1a(i) 688655 FMV North Shore Medical Center 1a(i) 10098892 FMV FRC Inc 1a(i) 188225 FMV Partners Home Care Inc 1a(i) 59 FMV Partners Continuing Care 1a(i) 69007 FMV Shaughnessy-Kaplan Rehabilitation Hospital 1a(i) 60555 FMV The MGH Institute of Health Professions 1a(i) 161549 FMV Cooley Dickinson Hospital Inc 1a(i) 528703 FMV Partners Continuing Care 1b 62648494 FMV The Spaulding Rehabilitation Hospital Corp 1b 1422356 FMV Rehabilitation Hospital of the Cape & Islands 1b 389090 FMV Partners Home Care Inc 1b 3166403 FMV Spaulding Hospital - Cambridge 1b 825687 FMV WNR Inc 1b 1000000 FMV FRC Inc 1b 940918 FMV Brigham and Women's Health Care Inc 1c 45739860 FMV The Massachusetts General Hospital 1c 56422308 FMV The Massachusetts General Hospital 1c 17561557 FMV The General Hospital Corporation 1c 47584999 FMV McLean HealthCare 1c 3281952 FMV The McLean Hospital Corporation 1c 1434000 FMV The Brigham and Women's Hospital 1c 70577817 FMV NSMC HealthCare 1c 9430512 FMV North Shore Medical Center 1c 7806000 FMV Newton-Wellesley Hospital 1c 10947644 FMV Newton-Wellesley Health Care System 1c 8937648 FMV Newton-Wellesley Hospital Charitable Found 1c 136488 FMV Partners Continuing Care 1c 7786200 FMV Shaughnessy-Kaplan Rehabilitation Hospital 1c 636065 FMV The Brigham and Women's Hospital 1d 94010906 FMV The McLean Hospital Corporation 1d 4220000 FMV North Shore Medical Center 1d 107857834 FMV Cooley Dickinson Hospital Inc 1d 56059000 FMV The Massachusetts General Hospital 1k 939400 FMV The Massachusetts General Hospital 1l 6618556 FMV The General Hospital Corporation 1l 175878518 FMV Massachusetts General Physicians Organization 1l 6448711 FMV The Spaulding Rehabilitation Hospital Corp 1l 8707124 FMV Partners Home Care 1l 3751102 FMV FRC Inc 1l 897371 FMV Spaulding Hospital - Cambridge 1l 2613085 FMV Rehabilitation Hospital of the Cape & Islands 1l 1700410 FMV Partners Continuing Care 1l 931254 FMV Marthas Vineyard Hospital 1l 385961 FMV Nantucket Cottage Hospital 1l 1151619 FMV The McLean Hospital Corporation 1l 10681536 FMV The MGH Institute of Health Professions 1l 791035 FMV The Brigham and Women's Hospital 1l 143679600 FMV Brigham and Women's Physicians Organization 1l 4299248 FMV Brigham and Women's Faulkner Hospital Inc 1l 10516054 FMV North Shore Medical Center 1l 32958910 FMV Shaughnessy-Kaplan Rehabilitation Hospital 1l 1934771 FMV Newton-Wellesley Hospital 1l 21072079 FMV Partners Community HealthCare 1l 5516110 FMV