2024-05-13T14:32:54+00:00 2023-06-30 135565207 KPMG LLP 200 EAST RANDOLPH STREET SUITE 5500 CHICAGO IL 606016436 990 2022-07-01 474221241 UCM Care Network Medical Group Inc UCMC 8778295500 5841 S Maryland Avenue STE G-103 Chicago IL 60637 THOMAS JACKIEWICZ PRESIDENT & CEO 8778295500 2024-05-13 true PHILLIP KAUFMAN 999009999 ZELJKO POPOVIC P01795951 3126651000 2022 2023-04-26 12:10:37Z THOMAS JACKIEWICZ 5841 S Maryland Avenue Chicago IL 60637 30384782 false X www.uchicagomedicine.org X 2015 IL TO ADVANCE THE SHARED MISSION OF UCM CARE NETWORK MEDICAL GROUP, INC. AND THE UNIVERSITY OF CHICAGO MEDICAL CENTER BY PROMOTING COMMUNITY HEALTH THROUGH THE EMPLOYMENT AND ENGAGEMENT OF PHYSICIANS AND OTHER PROFESSIONALS WITH THE OBJECTIVE OF PROVIDING HIGH QUALITY, COST EFFICIENT, AND EFFECTIVE CARE TO THE UNIVERSITY OF CHICAGO MEDICAL CENTER AND THE COMMUNITY. 12 0 440 0 0 0 0 24852341 30128612 0 536870 256170 25389211 30384782 0 0 16807915 17045957 0 0 21159353 19671058 37967268 36717015 -12578057 -6332233 43379139 39970578 68616562 71540234 -25237423 -31569656 X TO ADVANCE THE SHARED MISSION OF UCM CARE NETWORK MEDICAL GROUP, INC. AND THE UNIVERSITY OF CHICAGO MEDICAL CENTER BY PROMOTING COMMUNITY HEALTH THROUGH THE EMPLOYMENT AND ENGAGEMENT OF PHYSICIANS AND OTHER PROFESSIONALS WITH THE OBJECTIVE OF PROVIDING HIGH QUALITY, COST EFFICIENT, AND EFFECTIVE CARE TO THE UNIVERSITY OF CHICAGO MEDICAL CENTER AND THE COMMUNITY. false false 10244800 5110210 PRIMARY CARE: Primary care practices provide expert care for preventive health and routine checkups. Care Network Medical Group has a world-renowned networK of physician specialists who can help with any medical issues that arise. A primary care physician (PCP) is a patient's main health care provider and is involved in short and long-term medical care. Every type of primary care physician is on staff, including Family Medicine Physicians, Geriatricians, Gynecologists, Internists, and Pediatricians. Many clinics also employ nurse practitioners. As a result, patients can receive the primary care services needed across a patient's lifetime. PCPs work side by side with any specialists to treat a disease or condition. Together, PCPs and specialists effectively co-manage patient health and ensure that patients receive comprehensive, coordinated care. Services provided include Annual wellness exams and preventive screenings for men, women and children, Immunizations and developmental screenings for children, Onsite outpatient procedures and diagnostics, School and sports physicals, Care for urgent medical issues, such as upper respiratory infections, urinary tract infections, sprains and bronchitis, and Care for common chronic conditions, such as diabetes, allergies, high blood pressure, asthma, arthritis, anxiety and depression. Many clinics also have onsite lab testing (e.g., blood sugar readings, urine analysis) so testing can be done at the same time patients visit physicians. 4275892 4336165 OB/GYN: Experts at the University of Chicago Medicine provide a full spectrum of general and specialized obstetric and gynecologic care. From preventive well woman exams and prenatal care to minimally invasive surgery and high-risk pregnancy care, our team offers the latest advancements in reproductive health for women and girls. 3516922 5575960 GASTROENTEROLOGY: The Digestive Diseases Center at the University of Chicago Medicine is a collaborative, multidisciplinary network of physicians, researchers and allied health professionals who share a legacy of innovation and a common purpose: to improve the lives of patients who suffer from digestive diseases. The GI Specialty teams treat conditions such as celiac disease, colon & rectal surgery, esophageal diseases, gastrointestinal cancer, inflammatory bowel disease, interventional endoscopy, liver disease and transplant, obesity & weight management, pancreatic disease, and pediatric gastroenterology. 15091384 15107808 Other care network medical group specialties include Diabetes, Oncology, Rheumatology, Vascular, Multispecialty, Endocrinology, Dermatology, Cardiology, Radiology Oncology, Nephrology, Psychiatry, ENT, Neurology, pain management, and orthopedics. 15091384 15107808 33128998 true false false false false false false false false true false false false true true false true 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 15 0 true 440 true false false false false false false false false false false false false X 12 0 false false false false true true true true true false false true true true true true true true true false X PHILLIP KAUFMAN 7737021998 150 HARVESTER DRIVE SUITE 300 BURR RIDGE IL 60527 AYTEK OTO MD BOARD CHAIR AND DIRECTOR 1.0 40.0 X X 0 1016966 46844 LESLIE (LES) R STERN PRESIDENT, CARE NETWORK 1.0 44.0 X X 0 562760 109194 AMIT JOSHI MD DIRECTOR 40.0 0 X 486630 0 56440 ARDAMAN SHERGILL MD DIRECTOR (THRU 11/12/22) 1.0 40.0 X 0 257655 20618 DEBRA STULBERG MD DIRECTOR 1.0 40.0 X 0 333815 59898 KARA DAVIS MD DIRECTOR 1.0 40.0 X 234475 0 44944 KAVEH RAHMANI DO DIRECTOR 1.0 42.0 X 572067 0 29040 KENNETH NUNES MD VP AND CHIEF AMBULATORY OFFICER 1.0 40.0 X 0 592515 87665 KIMBERLY KRUCZEK DO DIRECTOR 1.0 40.0 X 501345 0 26189 MICHAEL ANTONIADES INTERIM PRESIDENT, INGALLS 1.0 43.0 X 0 0 0 MITCH POSNER MD DIRECTOR (EFF. 6/29/22) 1.0 40.0 X 0 961300 57428 NAOUM ISSA MD DIRECTOR 1.0 40.0 X 0 292789 55596 SACHIN SHAH MD DIRECTOR 1.0 40.0 X 0 386977 47247 ANN MCCOLGAN TREASURER (THRU 5/1/23) 1.0 45.0 X 0 453543 87898 IVAN SAMSTEIN CHIEF FINANCIAL OFFICER 1.0 48.0 X 0 1193414 211348 MELVA LAVIZZO SECRETARY 1.0 40.0 X 75676 0 15796 MICHELLE SALOMON TREASURER (EFF. 5/2/23) 1.0 45.0 X 0 0 0 ELIZABETH PEART VP NETWORK DEVELOPMENT 40.0 0 X 365336 0 66137 FARAH HASAN MD PHYSICIAN 40.0 0 X 390804 0 25650 MURTUZA RAMPURWALA MD PHYSICIAN 40.0 0 X 681804 0 59267 NASREEN ANSARI MD PHYSICIAN 40.0 0 X 401573 0 56326 RICHARD HARRIS MD PHYSICIAN 1.0 40.0 X 490469 0 49833 RICHARD W SILVERIA FORMER CHIEF FINANCIAL OFFICER (THRU 4/22/21) 0.0 0.0 X 0 251969 0 4200178 6303701 1213358 111 true true false MCWS REC LLC 322 E ILLINOIS CHICAGO IL 60611 PROPERTY MANAGEMENT 2736534 MDM JAMES LLC 9550 BORMET DRIVE SUITE 201 MOKENA IL 60448 CONSTRUCTION MANAGEMENT 1273601 KAGR2 HURON LLC 800 W MADISON ST SUITE 400 CHICAGO IL 60607 PROPERTY MANAGEMENT 509779 HURON MEDICAL PROPERTIES LLC 181 W MADISON ST SUITE 4700 CHICAGO IL 60602 PROPERTY MANAGEMENT 398903 MEDIANT HEALTH RESOURCES 2355 E CAMELBACK ROAD 920 PHOENIX AZ 85016 HEALTHCARE CONSULTING 291625 9 0 NET PATIENT REVENUE 621110 29218737 29218737 CAPITATION REVENUE 900099 857872 857872 OTHER OPERATING 900099 52003 52003 0 0 0 0 30128612 254639 254639 0 254639 254639 0 0 PSA REVENUE 621110 1531 1531 0 0 0 0 1531 30384782 30130143 0 254639 X 2501934 1954075 547859 13386428 13012371 374057 335172 318692 16480 134973 134973 687450 597903 89547 8722175 6580213 2141962 0 30 30 184128 122589 61539 40957 17861 23096 4425798 4293107 132691 119905 31127 88778 2077760 2077760 1488393 1488393 DRUGS AND MEDICAL SUPPLIES 2453485 2453485 SALES TAXES 58003 636 57367 EQUIP RENTAL/MAINT 51432 6102 45330 MISCELLANEOUS FEES 23686 15241 8445 25306 24470 836 0 36717015 33128998 3588017 0 2288845 2587030 0 0 0 0 34331 697907 24716091 8397550 18392484 16318541 0 0 22663479 20367100 0 0 43379139 39970578 2131487 1664205 0 0 66485075 69876029 68616562 71540234 -25237423 -31569656 -25237423 -31569656 43379139 39970578 -6332233 0 X false true X true false X 86688 196970 283658 5932452 13573523 25114625 30130143 74750743 0 0 0 0 6019140 13770493 25114625 30130143 75034401 0 0 0 0 0 0 0 0 4965776 8392 0 4974168 0 0 4965776 8392 0 4974168 70060233 274586 254639 529225 0 0 0 0 274586 254639 529225 0 0 0 0 0 0 0 0 6019140 13770493 25389211 30384782 75563626 X 1101469 1101469 17437579 5455514 11982065 6177043 2942036 3235007 16318541 INTERCOMPANY PAYABLE 49438564 LEASE PAYABLE 20437465 69876029 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote UCM CARE NETWORK MEDICAL GROUP, INC. APPLIES ASC TOPIC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN A COMPANY'S CONSOLIDATED FINANCIAL STATEMENTS. ASC TOPIC 740 PRESCRIBES A MORE LIKELY THAN NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. UNDER ASC TOPIC 740, TAX POSITIONS ARE EVALUATED FOR RECOGNITION, DERECOGNITION, AND MEASUREMENT USING CONSISTENT CRITERIA AND PROVIDE MORE INFORMATION ABOUT THE UNCERTAINTY IN INCOME TAX ASSETS AND LIABILITIES. AS OF JUNE 30, 2023 AND 2022, UCM CARE NETWORK MEDICAL GROUP INC. DOES NOT HAVE AN ASSET OR LIABILITY RECORDED FOR UNRECOGNIZED TAX POSITIONS. true true false false false false false true false AYTEK OTO MD BOARD CHAIR AND DIRECTOR 0 820716 0 196250 0 0 0 24400 0 22444 0 1063810 0 0 LESLIE (LES) R STERN PRESIDENT, CARE NETWORK 0 446808 0 101095 0 14857 0 73623 0 35570 0 671954 0 0 KARA DAVIS MD DIRECTOR 165024 0 63557 0 5894 0 10196 0 34747 0 279419 0 0 0 NAOUM ISSA MD DIRECTOR 0 204921 0 65647 0 22221 0 22517 0 33080 0 348385 0 0 AMIT JOSHI MD DIRECTOR 344341 0 135351 0 6938 0 21693 0 34747 0 543070 0 0 0 KIMBERLY KRUCZEK DO DIRECTOR 451330 0 49757 0 258 0 15250 0 10939 0 527535 0 0 0 KENNETH NUNES MD VP AND CHIEF AMBULATORY OFFICER 0 493382 0 88830 0 10303 0 68123 0 19542 0 680180 0 0 MITCH POSNER MD DIRECTOR (EFF. 6/29/22) 0 716800 0 244500 0 0 0 24400 0 33028 0 1018728 0 0 KAVEH RAHMANI DO DIRECTOR 376577 0 195301 0 188 0 15250 0 13790 0 601106 0 0 0 SACHIN SHAH MD DIRECTOR 0 357358 0 29619 0 0 0 24400 0 22847 0 434223 0 0 ARDAMAN SHERGILL MD DIRECTOR (THRU 11/12/22) 0 246036 0 11619 0 0 0 20612 0 6 0 278273 0 0 DEBRA STULBERG MD DIRECTOR 0 303815 0 30000 0 0 0 24400 0 35498 0 393713 0 0 RICHARD W SILVERIA FORMER CHIEF FINANCIAL OFFICER (THRU 4/22/21) 0 0 0 0 0 251969 0 0 0 0 0 251969 0 0 ANN MCCOLGAN TREASURER (THRU 5/1/23) 0 275729 0 68220 0 109594 0 49787 0 38111 0 541441 0 29271 IVAN SAMSTEIN CHIEF FINANCIAL OFFICER 0 873834 0 287750 0 31830 0 176154 0 35194 0 1404763 0 0 NASREEN ANSARI MD PHYSICIAN 296077 0 84586 0 20911 0 21899 0 34428 0 457899 0 0 0 RICHARD HARRIS MD PHYSICIAN 474211 0 15160 0 1098 0 15250 0 34583 0 540301 0 0 0 FARAH HASAN MD PHYSICIAN 341331 0 31690 0 17783 0 22800 0 2850 0 416454 0 0 0 ELIZABETH PEART VP NETWORK DEVELOPMENT 291470 0 72935 0 931 0 32496 0 33641 0 431472 0 0 0 MURTUZA RAMPURWALA MD PHYSICIAN 326740 0 354895 0 169 0 21669 0 37597 0 741071 0 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation COMPENSATION OF THE PRESIDENT OF UCM CARE NETWORK MEDICAL GROUP, INC. IS REVIEWED AND RECOMMENDED FOR APPROVAL BY THE COMPENSATION COMMITTEE OF UCMC. THE COMMITTEE'S DETERMINATION PROCESS UTILIZES A COMBINATION OF AN INDEPENDENT COMPENSATION CONSULTANT AND COMPENSATION STUDIES/SURVEYS, WHICH IS THEN REVIEWED AND APPROVED BY THE UCMC COMPENSATION COMMITTEE. THE UCMC COMPENSATION COMMITTEE CONDUCTS ITS REVIEW AND APPROVAL PROCESS IN A MANNER DESIGNED TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER FEDERAL TAX LAW. THIS IS A RIGOROUS REVIEW AND APPROVAL PROCESS DESIGNED FOR TAX-EXEMPT ORGANIZATIONS BY THE INTERNAL REVENUE SERVICE, AND IS DESIGNED TO RESULT IN COMPETITIVE AND REASONABLE COMPENSATION. Schedule J, Part I, Line 4a Severance or change-of-control payment IN CALENDAR YEAR 2022, RICHARD SILVERIA RECEIVED SEVERANCE PAYMENTS FOLLOWING HIS TERMINATION OF EMPLOYMENT ($251,969). Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan CERTAIN INDIVIDUALS LISTED IN SCHEDULE J, PART II PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN TO WHICH UCMC MAKES ANNUAL CONTRIBUTIONS. THESE CONTRIBUTIONS ARE AT RISK AND DO NOT BECOME VESTED AND PAYABLE UNLESS AND UNTIL THE INDIVIDUAL SATISFIES A SUBSTANTIAL FUTURE SERVICE REQUIREMENT. THE FOLLOWING INDIVIDUALS HAD CONTRIBUTIONS MADE TO THE PLAN IN JANUARY 2023 FOR CALENDAR YEAR 2022: ANN MCCOLGAN ELIZABETH PEART KENNETH NUNES LESLIE STERN IVAN SAMSTEIN THE FOLLOWING INDIVIDUALS BECAME VESTED IN, AND WERE TAXED ON, AMOUNTS PREVIOUSLY CREDITED UNDER THE PLAN TO THE INDIVIDUAL FOR SERVICES PROVIDED TO THE ORGANIZATION IN PRIOR YEARS (INCLUDED IN 2022 W-2S): ANN MCCOLGAN - $29,271 Schedule J, Part I, Line 7 Non-fixed payments NINE PERSONS LISTED IN PART VII, SECTION A, LINE 1A RECEIVED NON-RECURRING PAYMENTS DURING CALENDAR YEAR 2022. THESE NON-FIXED PAYMENTS ARE RELATED TO ADDITIONAL DUTIES PERFORMED OR PERFORMANCE BONUSES. Schedule J, Part I, Line 1a DISCRETIONARY SPENDING ACCOUNT DISCRETIONARY SPENDING ACCOUNTS ARE AVAILABLE TO UCMC-EMPLOYED EXECUTIVES ONLY, SERVING UCM CARE NETWORK. THOSE WHO MADE USE OF THE DISCRETIONARY SPENDING ACCOUNT RECEIVED BETWEEN $0 AND $12,000 DURING THE YEAR. THESE BENEFITS ARE ALL CONSIDERED TAXABLE COMPENSATION INCLUDED ON SCHEDULE J, PART II, COLUMN B(III). CARE NETWORK-EMPLOYED EXECUTIVES ARE INELIGIBLE. Schedule J, Part II TAXABLE INCOME REPORTED IN COLUMN (B) MAY INCLUDE PAYMENTS FROM THE SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). IN MOST CASES, THESE PAYMENTS WERE EARNED OVER MANY YEARS OF EMPLOYMENT AND THE AMOUNTS HAD PREVIOUSLY BEEN SUBJECT TO VESTING RULES. SERP PAYMENT AMOUNTS EARNED IN PRIOR YEARS WERE PREVIOUSLY REPORTED ON THE FORM 990 AS DEFERRED COMPENSATION AND ARE REPORTED IN THIS 2022 FORM 990 ON SCHEDULE J, PART II, COLUMN (F). THE INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD CONDUCTS ITS REVIEW AND APPROVAL OF ALL EXECUTIVE COMPENSATION, INCLUDING THESE SERP AMOUNTS, IN A MANNER THAT QUALIFIES FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER FEDERAL TAX LAW. THIS IS A RIGOROUS REVIEW PROCESS DESIGNED FOR TAX-EXEMPT ORGANIZATIONS BY THE INTERNAL REVENUE SERVICE, AND IT MEANS THAT THE BOARD COMPENSATION COMMITTEE DOES NOT HAVE ANY CONFLICTS OF INTEREST, AND RELIES ON MARKET DATA COMPILED BY AN INDEPENDENT COMPENSATION CONSULTANT TO SUPPORT ALL EXECUTIVE PAY AS MARKET COMPETITIVE AND REASONABLE. FOR THE INDIVIDUALS LISTED ON SCHEDULE J, PART II THAT ARE IDENTIFIED AS FORMER OFFICERS OR KEY EMPLOYEES, THIS COMPENSATION LISTED IS EITHER THE FAIR MARKET VALUE COMPENSATION PAID TO THEM FOR SERVICES THEY PERFORMED AS ACTIVE EMPLOYEES OF CARE NETWORK OR A RELATED ORGANIZATION (AND WAS NOT PAID TO THEM DUETO THEIR FORMERLY HAVING BEEN LISTED AS OFFICERS OR KEY EMPLOYEES), OR AS COMPENSATION FOR A COMBINATION OF SERVICES AND SEVERANCE: RICHARD SILVERIA. Form 990, Part III, Line 4d Description of other program services (Expenses $ 15,091,384 including grants of $)(Revenue $ 15,107,808) Other care network medical group specialties include Diabetes, Oncology, Rheumatology, Vascular, Multispecialty, Endocrinology, Dermatology, Cardiology, Radiology Oncology, Nephrology, Psychiatry, ENT, Neurology, pain management, and orthopedics. Form 990, Part IV, Line 1 Organization described in section 501(c)(3) UCM Care Network Medical Group, Inc. was formed on May 21, 2015 as an Illinois Not-For Profit Corporation. It has at all times operated exclusively for charitable, scientific or educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986. The primary purpose of the corporation is to support the furtherance of the charitable purposes of the University of Chicago Medical Center. UCM Care Network Medical Group, Inc. was granted exemption from federal income tax under Internal Revenue Code (IRC) Section 501(c)(3) effective October 29, 2019. Form 990, Part VI, Line 6 Classes of members or stockholders THE SOLE MEMBER OF UCM CARE NETWORK MEDICAL GROUP, INC. IS THE UNIVERSITY OF CHICAGO MEDICINE CARE NETWORK, LLC, A DISREGARDED ENTITY FOR TAX PURPOSES. THE SOLE MEMBER OF THE UNIVERSITY OF CHICAGO MEDICINE CARE NETWORK, LLC IS UNIVERSITY OF CHICAGO MEDICAL CENTER, A NOT FOR-PROFIT ENTITY. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The University of Chicago Medicine Care Network, LLC is the sole member of the Corporation. As such, the University of Chicago Medicine Care Network, LLC appoints the members of the Corporation's Board of Directors, and the governance of the Corporation is subject in all respects to the reserved powers of University of Chicago Medicine Care Network, LLC, as set forth in the Corporation's By-Laws. THE BOARD SHALL BE APPOINTED BY THE MEMBER AND CONSIST OF INDIVIDUALS WHO MEET SUCH CRITERIA FOR APPOINTMENT TO THE BOARD AS MAY BE ESTABLISHED FROM TIME TO TIME BY THE MEMBER. A DIRECTOR MAY BE REMOVED AT ANY TIME, WITH OR WITHOUT CAUSE, BY THE MEMBER ACTING IN THE BEST INTERESTS OF THE CORPORATION AS DETERMINED BY THE MEMBER AT ITS SOLE DISCRETION. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE GOVERNANCE AND OPERATIONS OF UCM CARE NETWORK MEDICAL GROUP, INC. SHALL BE SUBJECT IN ALL RESPECTS TO THE MEMBER'S RIGHT TO EXERCISE ITS RESERVED POWERS. THE RESERVED POWERS SHALL INCLUDE THE RIGHT TO (A) ADOPT, APPROVE AMENDMENTS TO, OR AMEND ANY STATEMENT OF PHILOSOPHY, MISSION, MISSION INTEGRATION, OR VALUES OR ANY NAME, LOGO, OR MARK; (B) ADOPT, APPROVE AMENDMENTS TO, OR AMEND THE ARTICLES OF INCORPORATION; (C) ADOPT, APPROVE AMENDMENTS TO, OR AMEND THE BYLAWS; (d) Appoint the Directors, and remove the Directors, with or without cause; (e) Appoint the officers, and remove the officers, with or without cause; (f) Approve the recommendation of the Board of Directors to appoint or remove the Board of Directors, any one or more Directors of the Corporation, and the Chairperson or President of the Corporation; (g) approve the purchase, sale, alienation, exchange, lease or encumbrance of any real property, which property has a value in excess of limits set from time to time by the Member; (h) Approve the operating and capital budgets, and any deviations from such budgets in an amount or percentage specified by the Member from time to time; (i) Approve the strategic plan and annual goals; (j) Approve the sale of substantially all of the assets; (k) Approve the merger or dissolution; (l) Approve the financial policies and procedures and approve any deviations from such policies and procedure; (m) Outside of the budgeting process of the Corporation, approve or amend changes to a substantial part or all of the price list or chargemaster of the Corporation for patient services; (n) Adopt and amend employee and independent contractor template agreements and compensation ranges, plans, policies and methodologies (including the awarding of any incentive compensation) and benefits; (o) Initiate and/or approve any change in the Corporation's tax status proposed by the Board of directors and approve any changes in mission or activities that may impact the Corporation's tax status; and (p) Approve the incurrence or the guarantee of any indebtedness in any form, including all leases (operating and capitalized leases) as defined under generally accepted accounting principles, by the Corporation over limits established from time to time by Member. Form 990, Part VI, Line 11b Review of form 990 by governing body AT ITS REGULARLY SCHEDULED MEETING, THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES WAS PROVIDED A DRAFT COPY OF PORTIONS OF THE FORM 990. AT ITS REGULARLY SCHEDULED MEETING, THE AUDIT COMMITTEE WAS PROVIDED A DRAFT COPY OF THE ENTIRE FORM. IN ADDITION, UCMC PROVIDED A COPY OF THE FORM 990 TO ALL UCMC BOARD MEMBERS BEFORE THE FORM 990 WAS FILED THROUGH A SECURE WEBSITE, TO WHICH ALL BOARD MEMBERS HAVE ACCESS. Form 990, Part VI, Line 12c Conflict of interest policy UCM CARE NETWORK MEDICAL GROUP, INC. HAS A ROBUST CONFLICTS OF INTEREST POLICY FOR EMPLOYEES, OFFICERS, AND DIRECTORS. THE POLICY CONTAINS CERTAIN PROHIBITIONS AS WELL AS DISCLOSURE REQUIREMENTS, AND ENCOURAGES QUESTIONS DIRECTED TO THE COMPLIANCE OFFICE AND LEGAL AFFAIRS. DURING THIS TAX YEAR, UCM CARE NETWORK MEDICAL GROUP, INC. CONTINUED ITS PRACTICE OF SURVEYING DIRECTORS, OFFICERS, MANAGERIAL EMPLOYEES, AND INFLUENTIAL MEDICAL STAFF MEMBERS, SEEKING DISCLOSURES OF VARIOUS RELATIONSHIPS, INCLUDING RELATIONSHIPS DISCLOSED IN THIS FORM 990. IN ADDITION, CERTAIN CHAIRS OF COMMITTEES, SUCH AS THE PHARMACY AND THERAPEUTICS COMMITTEE OF THE MEDICAL STAFF, AT MONTHLY MEETINGS ASK FOR ORAL DISCLOSURES OF POTENTIAL CONFLICTS. UPON REQUEST, THE COMPLIANCE OFFICER AND THE OFFICE OF LEGAL AFFAIRS PROVIDE EDUCATIONAL SESSIONS. UCMC NOTES THAT RESEARCHER CONFLICTS ARE MANAGED BY THE UNIVERSITY OF CHICAGO. THE CONFLICT OF INTEREST POLICY SPECIFICALLY REQUIRES DISCLOSURE, AND ABSTENTION OR RECUSAL AS NECESSARY, WHENEVER A TRUSTEE OR RELATED PARTY HAS A POTENTIAL CONFLICT OF INTEREST. Form 990, Part VI, Line 15a Process to establish compensation of top management official UNIVERSITY OF CHICAGO MEDICAL CENTER (UCMC) IS RESPONSIBLE FOR DETERMINING AND ADMINISTERING COMPENSATION FOR ALL OFFICERS OF EACH RESPECTIVE ENTITY WITHIN THE UNIVERSITY OF CHICAGO MEDICAL CENTER, CORPORATE STRUCTURE. BELOW IS THE PROCESS USED TO ESTABLISH COMPENSATION FOR THE TOP MANAGEMENT OFFICIAL AND SENIOR EXECUTIVES. THE UCMC COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (THE COMMITTEE) IS RESPONSIBLE FOR THE OVERSIGHT OF UCM CARE NETWORK MEDICAL GROUP'S EXECUTIVE COMPENSATION DECISION-MAKING PROCESS. ITS REVIEW PROCESS IS DESIGNED TO SATISFY THE PROCEDURAL CRITERIA NECESSARY TO QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS (UNDER INTERMEDIATE SANCTIONS REGULATIONS) WITH RESPECT TO THE TOTAL COMPENSATION AND BENEFITS PROVIDED. THE COMMITTEE IS COMPRISED OF INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES WHO ARE "DISINTERESTED" WITHIN THE MEANING OF INTERMEDIATE SANCTIONS REGULATIONS. IT REVIEWS AND APPROVES COMPENSATION AND EMPLOYEE BENEFITS PROVIDED TO UCM CARE NETWORK MEDICAL GROUP INC.'S PRESIDENT AND KEY EXECUTIVES BY FOLLOWING ITS WRITTEN EXECUTIVE COMPENSATION PHILOSOPHY STATEMENT AND WRITTEN COMPENSATION REVIEW PROCESS, WHICH INCLUDES SEEKING COUNSEL FROM OUTSIDE PROFESSIONAL ADVISORS AND RELYING IN ADVANCE ON APPROPRIATE COMPARABILITY DATA (FOR FUNCTIONALLY SIMILAR POSITIONS AT SIMILARLY SITUATED HEALTHCARE ORGANIZATIONS) PROVIDED BY AN INDEPENDENT THIRD PARTY CONSULTANT. THE COMMITTEE REVIEWS AND APPROVES ALL NEW COMPENSATION RANGES, AS WELL AS CURRENT PACKAGES FOR NEWLY HIRED EXECUTIVES, AS NEEDED, BUT AT LEAST ANNUALLY. IT PREPARES A TIMELY AND THOROUGH WRITTEN RECORD OF ITS DELIBERATIONS AND CONCLUSIONS. Form 990, Part VI, Line 15b Process to establish compensation of other employees AN INDEPENDENT COMPENSATION CONSULTANT REVIEWS THE REASONABLENESS OF PROPOSED TOTAL DIRECT COMPENSATION FOR EACH BY PERFORMING A MARKET COMPARISON FOR EACH EXECUTIVE. THE MARKET COMPARISON INVOLVES COLLECTING SURVEY DATA FOR FUNCTIONALLY SIMILAR POSITIONS AT SIMILAR HEALTH CARE ORGANIZATIONS. PERFORMANCE GOALS ARE NORMALLY ESTABLISHED BASED ON THE BUDGET/BUSINESS PLAN APPROVED BY THE BOARD FOR THE FISCAL YEAR. THE OUTSIDE CONSULTANT OPINES WHETHER OR NOT PERFORMANCE GOALS HAVE BEEN REACHED BEFORE A FISCAL YEAR END PAYMENTS ARE PRESENTED TO THE COMPENSATION COMMITTEE FOR REVIEW AND APPROVAL. Form 990, Part VI, Line 19 Required documents available to the public UCM CARE NETWORK MEDICAL GROUP, INC.'S BYLAWS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOLLOWING DOCUMENTS WERE, AS OF THE TIME OF COMPLETING THIS QUESTION, ON UCMC'S WEBSITE: -UNIVERSITY OF CHICAGO MEDICINE UNAUDITED FINANCIAL INFORMATION -2023 AUDITED FINANCIAL STATEMENTS -2022 AUDITED FINANCIAL STATEMENTS -2021 AUDITED FINANCIAL STATEMENTS -2020 AUDITED FINANCIAL STATEMENTS -2019 AUDITED FINANCIAL STATEMENTS -2018 AUDITED FINANCIAL STATEMENTS -2017 AUDITED FINANCIAL STATEMENTS -2016 AUDITED FINANCIAL STATEMENTS -2015 AUDITED FINANCIAL STATEMENTS -2014 AUDITED FINANCIAL STATEMENTS -2013 AUDITED FINANCIAL STATEMENTS Form 990, Part IX, Line 11g Other Fees PHYSICIAN SERVICES - Total Expense: 5588317, Program Service Expense: 5588317, Management and General Expenses: , Fundraising Expenses: ; BILLING FEES - Total Expense: 1880271, Program Service Expense: 549052, Management and General Expenses: 1331219, Fundraising Expenses: ; CONTRACT LABOR - Total Expense: 798083, Program Service Expense: 236041, Management and General Expenses: 562042, Fundraising Expenses: ; FEES FOR SERVICES - Total Expense: 228918, Program Service Expense: 32059, Management and General Expenses: 196859, Fundraising Expenses: ; PROGRAM SUPPORT SERVICES - Total Expense: 163415, Program Service Expense: 163415, Management and General Expenses: , Fundraising Expenses: ; LAUNDRY SERVICES - Total Expense: 63171, Program Service Expense: 11329, Management and General Expenses: 51842, Fundraising Expenses: ; ADVENTIST BOLINGBROOK HOSPITAL 500 REMINGTON BLVD BOLINGBROOK IL 60440 651219504 HOSPITAL IL 501(c)(3) 3 ADVENT MIDWEST HEALTH false ADVENTIST GLENOAKS HOSPITAL 701 WINTHROP AVE GLENDALE HEIGHTS IL 60139 363208390 HOSPITAL IL 501(c)(3) 3 ADVENT MIDWEST HEALTH false ADVENTIST HEALTH PARTNERS INC 5101 S WILLOW SPRINGS RD B1013 LA GRANGE IL 60525 364138353 PHYSICIAN PRACTICES IL 501(c)(3) 3 AHS MIDWEST MGMT false ADVENTIST MIDWEST HEALTH 120 N OAK STREET HINSDALE IL 60521 362276984 2 HOSPITALS IL 501(c)(3) 3 NA false AHP SPECIALTY CARE NFP 5101 S WILLOW SPRINGS RD B1013 LA GRANGE IL 60525 811105774 PHYSICIAN PRACTICES IL 501(c)(3) 3 AHS MIDWEST MGMT false AHS MIDWEST MANAGEMENT INC 500 REMINGTON BLVD BOLINGBROOK IL 60440 363354567 PHYSICIAN PRACTICE MANAGEMENT IL 501(c)(3) Type I ADVENT MIDWEST HEALTH false ARCH DEVELOPMENT CORPORATION 5555 S WOODLAWN AVENUE CHICAGO IL 60637 363485244 TECH TRANSFER IL 501(c)(3) Type I UNIV CHICAGO false ASIAN HEALTH COALITION 180 W WASHINGTON ST SUITE 1 CHICAGO IL 60602 311607193 HLTH ACCESS IL 501(c)(3) 10 UNIV CHICAGO false CHAPIN HALL CENTER FOR CHILDREN 1313 E 60TH STREET CHICAGO IL 60637 362167012 POL RES CTR IL 501(c)(3) 7 NA false CHICAGO HOME FOR THE INCURABLES 5801 S ELLIS AVENUE CHICAGO IL 60637 362169138 SUPP RESEARCH IL 501(c)(3) Type I UNIV CHICAGO false CHICAGO TUMOR INSTITUTE 5801 S ELLIS AVENUE CHICAGO IL 60637 237136019 SUPP RESEARCH IL 501(c)(3) Type I UNIV CHICAGO false COURT THEATRE FUND 5535 S ELLIS AVENUE CHICAGO IL 60637 363203660 SUPP THE ARTS IL 501(c)(3) Type I UNIV CHICAGO false FERMI RESEARCH ALLIANCE LLC PO BOX 500 BATAVIA IL 60510 571239010 MANAGE LAB IL 501(c)(3) 7 NA false HYMEN MILGROM SUPPORTING ORGANIZATION 33 N LASALLE ST STE 2131 CHICAGO IL 60602 466789522 SUPP EDU RES VA 501(c)(3) Type III-O NA false INGALLS DEVELOPMENT FOUNDATION ONE INGALLS DRIVE HARVEY IL 60426 363189150 SUPPORT IL 501(c)(3) 7 UCHHD false INGALLS HEALTH VENTURES ONE INGALLS DRIVE HARVEY IL 60426 363239703 AMBULATORY IL 501(c)(3) Type I UCHHD false INGALLS HOME CARE ONE INGALLS DRIVE HARVEY IL 60426 363367939 HEALTHCARE IL 501(c)(3) 10 IMH false LAKE PARK ASSOCIATES 5801 S ELLIS AVENUE CHICAGO IL 60637 366111317 PROP HOLDG IL 501(c)(2) UNIV CHICAGO false NATIONAL OPINION RESEARCH CENTER (NORC) 55 E MONROE AVENUE CHICAGO IL 60603 362167808 SO SCI SRVYS IL 501(c)(3) 7 NA false PRIMARY HEALTHCARE ASSOCIATES SC 71 W 156TH STREET HARVEY IL 60426 364132865 HEALTHCARE IL 501(c)(3) 10 UCHHD false THE INGALLS MEMORIAL HOSPITAL ONE INGALLS DRIVE HARVEY IL 60426 362170866 HOSPITAL IL 501(c)(3) 3 UCHHD false THE JOHN CRERAR FOUNDATION 5730 S ELLIS AVENUE CHICAGO IL 60637 363155157 SUPP LIBRARY IL 501(c)(3) Type III-O UNIV CHICAGO false THE MARINE BIOLOGICAL LABORATORY 7 MBL STREET WOODS HOLE MA 02543 042104690 RES & EDU MA 501(c)(3) 7 UNIV CHICAGO false THE QUADRANGLE CLUB 5801 S ELLIS AVENUE CHICAGO IL 60637 361655190 SOCIAL CLUB IL 501(c)(7) UNIV CHICAGO false THE UNIV OF CHICAGO FDN IN THE HONG KONG LTD FUNDRAISING HK UNIV CHICAGO false THE UNIVERSITY OF CHICAGO CLOISTERS CLUB 1212 E 59TH STREET CHICAGO IL 60637 SOCIAL CLUB IL UNIV CHICAGO false UCHICAGO MEDICINE NORTHWEST INDIANA INC 5841 S MARYLAND AVE CHICAGO IL 60637 922355855 HOSPITAL IN 501(c)(3) 3 UCMC false UCHICAGO RESEARCH BANGLADESH LTD RESEARCH BG UCH RS INTL false UCHICAGO RESEARCH INTERNATIONAL LIMITED 5801 S ELLIS AVENUE CHICAGO IL 60637 262741573 RESEARCH IL 501(c)(3) Type I UNIV CHICAGO false UCM COMMUNITY HEALTH & HOSPITAL DIVISION ONE INGALLS DRIVE HARVEY IL 60426 363181170 MANAGEMENT IL 501(c)(3) Type I UCMC false UCMC TITLE HOLDING CORPORATION 5841 S MARYLAND AVE MC 1086 CHICAGO IL 60637 812126789 TITLE HOLD IL 501(c)(3) Type I UCMC false UCMC TITLE HOLDING CORPORATION II NFP 5841 S MARYLAND AVE MC 1086 CHICAGO IL 60637 821736040 TITLE HOLD IL 501(c)(3) Type I UCMC false UNIV OF CHI BOOTH SCH OF BUS (SINGAPORE) EDUCATION SN UNIV CHICAGO false UNIV OF CHI BOOTH SCH OF BUS (UK) EDUCATION UK UNIV CHICAGO false UNIV OF CHICAGO CANCER RESEARCH FD 5801 S ELLIS AVENUE CHICAGO IL 60637 366056201 SUPP RESEARCH IL 501(c)(3) Type I UNIV CHICAGO false UNIV OF CHICAGO CENTER IN PARIS (FRANCE) EDUCATION FR UNIV CHICAGO false UNIV OF CHICAGO CHARTER SCHOOL CORP 5801 S ELLIS AVENUE CHICAGO IL 60637 364225812 EDUCATION IL 501(c)(3) 2 UNIV CHICAGO false UNIV OF CHICAGO PROPERTY HOLDING CO 5801 S ELLIS AVENUE CHICAGO IL 60637 366108743 PROP HOLDG IL 501(c)(2) UNIV CHICAGO false UNIV OF CHICAGO RETIREE MEDICAL TRUST 5801 S ELLIS AVENUE CHICAGO IL 60637 363999692 MEDICAL TRUST IL 501(c)(3) Type I UNIV CHICAGO false UNIV OF CHICAGO SELF INSURANCE TRUST 5801 S ELLIS AVENUE CHICAGO IL 60637 363020034 MALPRAC TR IL 501(c)(3) Type I UNIV CHICAGO false UNIVERSITY OF CHICAGO 5801 S ELLIS AVENUE CHICAGO IL 60637 362177139 EDUCATION IL 501(c)(3) 2 NA false UNIVERSITY OF CHICAGO MEDICAL CENTER 5841 S MARYLAND AVE MC 1086 CHICAGO IL 60637 363488183 HOSPITAL IL 501(c)(3) 3 UNIV CHICAGO false UNIVERSITY OF CHICAGO TRUST (INDIA) L-9 East Wing Raheja Towers MG R BANGALORE Karnataka IN 560001 FUNDRAISING IN UNIV CHICAGO false ADVENTIST MIDWESTUSP SURGERY CENTERS LLC 14201 DALLAS PARKWAY DALLAS TX 75254 203256430 SURGERY CENTER IL NA N/A false false INGALLS SAME DAY SURGERY CTR 6701 W 159TH ST TINLEY PARK IL 60477 363368549 SURGERY CENTER IL NA N/A false false PABHS-UCM MSO JV LLC 2845 N SHERIDAN RD SUITE 6400 CHICAGO IL 60657 874074642 RADIOLOGY ONCOLOGY IL NA N/A false false PABHS-UCM RADONC JV 2845 N SHERIDAN RD SUITE 6400 CHICAGO IL 60657 874057862 RADIOLOGY ONCOLOGY IL NA N/A false false UCMC-SOLIS OFF-CAMPUS MAMMOGRAPHY SERVICES LLC 1501 DALLAS PARKWAY SUITE 300 ADDISON TX 75001 384108853 MAMMOGRAPHY DE NA N/A false false UCMC-SOLIS ON-CAMPUS MAMMOGRAPHY LLC 15601 DALLAS PARKWAY SUITE 300 ADDISON TX 75001 352641914 MAMMOGRAPHY DE NA N/A false false CHARITABLE LEAD TRUST (0) 5801 S ELLIS AVENUE CHICAGO IL 60637 CHAR LEAD TRUST IL NA Trust false CHARITABLE REMAINDER TRUSTS (68) 5801 S ELLIS AVENUE CHICAGO IL 60637 CHAR RMDR TRUST IL NA Trust false INGALLS CASUALTY INSURANCE LTD ONE INGALLS DRIVE HARVEY IL 60426 980485714 LIAB INSURANCE CJ NA C Corporation false INGALLS HEALTH COUNCIL ONE INGALLS DRIVE HARVEY IL 60426 273226539 PURCHASING GROUP IL NA C Corporation false INGALLS PROVIDER GROUP ONE INGALLS DRIVE HARVEY IL 60426 363485578 INSURANCE SERVICE IL NA C Corporation false MEDCENTRIX INC ONE INGALLS DRIVE HARVEY IL 60426 363374228 BILLING & MGMT IL NA C Corporation false PHOENIX OVERLAY FUND LTD 401 N MICHIGAN AVE C/O INVST OFFICE CHICAGO IL 60611 INVESTMENT CJ NA false POOLED INCOME FUND (1) 5801 S ELLIS AVENUE CHICAGO IL 60637 POOLED INCO FUND IL NA C Corporation false SC CURRICULUM INC 70 WEST MADISON ST CHICAGO IL 60602 SCNC CURRICULUM IL NA C Corporation false UCHICAGO (BEIJING) CONSULTING CO LTD CONSULTING CH NA false UCHICAGO CENTER IN INDIA PRIVATE LIMITED CONSULTING IN NA C Corporation false TRULEN INSURANCE SPC LIMITED 981571288 LIAB INSURANCE CJ UCHHD false EMPLOYED PHYSICIANS SP A SEGREGATED PORTFOLIO OF TRULEN INSURANCE SPC LTD 981571310 LIAB INSURANCE CJ UCHHD false HPL-GL SP A SEGREGATED PORTFOLIO OF TRULEN INSURANCE SPC LTD 981571446 LIAB INSURANCE CJ UCHHD false NON-EMPLOYED PHYSICIANS SP A SEGREGATED PORTFOLIO OF TRULEN INSURANCE SPC L TD 981571387 LIAB INSURANCE CJ UCHHD false UCHICAGO MEDICINE NORTHWEST INDIANA INC 5841 S MARYLAND AVE CHICAGO IL 60637 922355855 HEALTHCARE IN UCMC C Corporation false false false false false false false false false false false true false false true true false true false false