2024-05-14T07:38:41-05:00 2023-06-30 440160260 FORVIS LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990 2022-07-01 813987037 MUSC HEALTH PARTNERS MUSC 8438762420 1 POSTON RD 350 CHARLESTON SC 29407 EUGENE HONG CHIEF EXECUTIVE OFFICER 8438762420 2024-05-14 1 EUGENE HONG 999009999 1 JEREMY NAESS P01306905 8282542254 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z EUGENE HONG 1 POSTON RD 350 CHARLESTON SC 29407 14478265 0 X WWW.MUSCHEALTH.ORG X 2016 SC A SOUTH CAROLINA NONPROFIT CORPORATION FORMED FOR THE PURPOSE TO ADVANCE AND SUPPORT UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (UMA), A SOUTH CAROLINA NONPROFIT CORPORATION WHICH IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 8 2 53 0 0 0 0 0 3479137 3889954 0 0 5286 10588311 3484423 14478265 0 0 0 0 3129871 14324012 0 0 0 271441 153010 3401312 14477022 83111 1243 2085150 5003294 1757522 4674423 327628 328871 X MUSC HEALTH PARTNERS(THE CORPORATION) IS A SOUTH CAROLINA NONPROFIT CORPORATION. THE CORPORATION WAS FORMED TO ADVANCE AND SUPPORT UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (UMA), A SOUTH CAROLINA NONPROFIT CORPORATION WHICH IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 0 0 14477022 14478265 OPERATES THE HEALTH CARE SYSTEM FACILITIES. UMA IS A PHYSICIAN PRACTICE FOR MUSC CLINICAL FACULTY THAT FACILITATES THE PROVISION OF INPATIENT AND OUTPATIENT SERVICES IN FURTHERANCE AND FOR THE BENEFIT OF MUSC. THE MAIN MUSC CAMPUS IS LOCATED IN DOWNTOWN CHARLESTON, SOUTH CAROLINA, BUT EDUCATES AND SERVES INDIVIDUALS PRIMARILY THROUGHOUT THE STATE. THE CORPORATION FACILITATES THE DEPLOYMENT OF CLINICAL RESOURCES INTO COMMUNITIES OUTSIDE OF THE CHARLESTON MAIN CAMPUS OF THE HEALTH SYSTEM. THE CORPORATION ACCOMPLISHES THIS OBJECTIVE PRIMARILY THROUGH ITS OWNERSHIP AND MANAGEMENT OF CAROLINA PRIMARY CARE PHYSICIANS, LLC (CPCP), A SOUTH CAROLINA LIMITED LIABILITY COMPANY WHICH HAS ELECTED TO BE TAXED AS A CORPORATION. A COPY OF THE CPCP OPERATING AGREEMENT IS ATTACHED AS EXHIBIT 1. CPCP IS A MANAGER-MANAGED LIMITED LIABILITY COMPANY. THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION AND THE CHIEF PHYSICIAN EXECUTIVE OF UMA ARE THE MANAGERS. THE CORPORATION IS THE SOLE MEMBER OF CPCP.CPCP EMPLOYS CLINICAL AND ADMINISTRATIVE STAFF. CPCP EMPLOYEES PROVIDE PROFESSIONAL SERVICES TO CAROLINA FAMILY CARE, INC.(CFC), A SOUTH CAROLINA CORPORATION. CFC OPERATES APPROXIMATELY 66 MEDICAL CLINICS LOCATED IN CHARLESTON, FLORENCE, AND LANCASTER SOUTH CAROLINA. CFC IS OWNED BY UMA. THE CORPORATION PROVIDES MANAGEMENT SERVICES TO CPCP. THE CORPORATIONS OWNERSHIP AND MANAGEMENT OF CPCP AND CPCPS EMPLOYMENT OF PHYSICIANS AND STAFF ALLOWS PHYSICIANS TO BE EMPLOYED ON TERMS AND CONDITIONS THAT WOULD NOT OTHERWISE BE AVAILABLE IF THE PHYSICIANS ANDSTAFF WERE EMPLOYED DIRECTLY BY UMA. THE FLEXIBILITY TO OFFER DIFFERING TERMS AND CONDITIONS OF EMPLOYMENT FACILITATES THE ABILITY OF UMA AND CFC TO PROVIDE COMMUNITY MEDICAL SERVICES IN A COST-EFFECTIVE MANNER THAT IS NOT BURDENED BY THE REQUIREMENTS APPLICABLE TO AN ACADEMICHEALTH SYSTEM. CFC CONTRACTS WITH THE CORPORATION TO PROVIDE MANAGEMENT SERVICES. THE CORPORATION IN TURN SUBCONTRACTS WITH UMA AND, IN SOME INSTANCES, MUHA TO PROVIDE A PORTION OF THE MANAGEMENT SERVICES. IN ADDITION TO THE FORGOING, THE CORPORATION PROVIDES PROFESSIONAL SERVICES BY AND THROUGH EMPLOYED PHYSICIANS. PROFESSIONAL SERVICES ARE PROVIDED TO GEORGETOWN RADIATION THERAPY CENTER, A JOINT VENTURE OWNED BY GEORGETOWN HOSPITAL SYSTEM AND UMA, AND TIDELANDS NEUROSCIENCES, A NEUROSURGERY PRACTICE IN THE GEORGETOWN COUNTY AREA DEVELOPED BY THECORPORATION, GEORGETOWN HOSPITAL SYSTEM, AND WACCAMAW COMMUNITY HOSPITAL. 14477022 1 0 0 0 0 0 0 0 0 0 0 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 0 0 53 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 2 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 SC X JONATHAN BOONE 8438762420 1 POSTON RD STE 350 CHARLESTON SC 29407 MATT SEVERANCE CHIEF SYSTEM DEVELOPMENT OFFICER 1.00 40.00 X X 0 891350 41214 GENE HONG MD CEO 1.00 40.00 X X 0 744341 42601 ANDREW EISEMAN MD TREASURER 1.00 40.00 X X 0 634999 57285 JOHN MCDONALD MD DIRECTOR 1.00 40.00 X 0 270108 22705 GRAHAM ADAMS DIRECTOR 1.00 X 0 0 0 ANITA CASE DIRECTOR 1.00 X 0 0 0 DIANN KRYWKO MD DIRECTOR 1.00 40.00 X 0 542992 69201 JONATHAN EDWARDS MD DIRECTOR 1.00 40.00 X X 0 637472 75201 TERRENCE STEYER DEAN COLLEGE OF MEDICINE 1.00 40.00 X 0 598930 90546 0 4320192 398753 0 0 1 0 0 PROGRAM SERVICE REVENUE 621400 3889954 3889954 3889954 MISCELLANEOUS INCOME 900099 10588311 10588311 10588311 14478265 14478265 0 0 11229910 11229910 607101 607101 1571138 1571138 915863 915863 17733 17733 132 132 BANK CHARGES 134780 134780 INCOME TAX EXPENSE 281 281 OVERHEAD ALLOCATION 84 84 14477022 14477022 0 0 965266 1391291 226216 121359 112631 12873 781037 3477771 2085150 5003294 79136 2463683 1678386 2210740 1757522 4674423 X 0 0 0 0 327628 328871 327628 328871 2085150 5003294 1243 0 X X 0 1 X 1 0 X X X 1 UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SC 570935917 10 0 0 14477022 1 0 14477022 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 DUE FROM PCN 3244057 DUE FROM AFFILIATES 209000 DUE FROM MUHA 18280 DUE FROM MCP 6434 3477771 DUE TO UMA 210822 DUE TO PCP 1745122 DUE TO MUSC 1821 DUE FROM MSV 252975 2210740 X PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 MATT SEVERANCE CHIEF SYSTEM DEVELOPMENT OFFICER 0 737949 0 153401 0 0 0 30700 0 10514 0 932564 0 0 GENE HONG MD CEO 0 610598 0 133743 0 0 0 30700 0 11901 0 786942 0 0 JONATHAN EDWARDS MD DIRECTOR 0 513124 0 124348 0 0 0 62783 0 12418 0 712673 0 0 ANDREW EISEMAN MD TREASURER 0 559999 0 75000 0 0 0 57137 0 148 0 692284 0 0 TERRENCE STEYER DEAN COLLEGE OF MEDICINE 0 557727 0 41203 0 0 0 78128 0 12418 0 689476 0 0 DIANN KRYWKO MD DIRECTOR 0 477609 0 65383 0 0 0 64591 0 4610 0 612193 0 0 JOHN MCDONALD MD DIRECTOR 0 224265 0 45843 0 0 0 10804 0 11901 0 292813 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR THEIR APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATIONS POLICY REQUIRES INTERESTED PERSONS TO DISCLOSE A CONFLICT OF INTEREST. THE BOARD OF DIRECTORS SHALL DETERMINE IF A CONFLICT OF INTEREST EXISTS AND SHALL DETERMINE WHETHER THE ORGANIZATION WILL GO FORTH WITH THE CONFLICTING TRANSACTION OR ARRANGEMENT. IF THE BOARD OR COMMITTEE BELIEVES THAT A MEMBER HAS FAILED TO DISCLOSE A CONFLICT THEY SHALL INFORM THE MEMBER AND ALLOW THE MEMBER TO EXPLAIN THE FAILURE TO DISCLOSE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DETERMINES REASONABLE COMPENSATION IN ADVANCE OF PAYMENT BY CONSIDERING DATA AND INFORMATION AS TO THE COMPARABILITY OF THE COMPENSATION PACKAGE PRIOR TO MAKING ITS DETERMINATION. THE BOARD WILL ADEQUATELY DOCUMENT THE BASIS FOR ITS DETERMINATION BY DOCUMENTING THE TERMS OF THE TRANSACTION, THE DATE APPROVED, THE MEMBERS WHO APPROVED, THE COMPARABILITY DATA USED AND ANY ACTIONS TAKEN RELATED TO CONFLICTS OF INTEREST. OUTSIDE ADVISORS AND EXPERTS ARE ALLOWED TO BE USED IF THE BOARD FEELS IT IS APPROPRIATE TO DO SO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANZIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT ITS LOCATION AND ON THE UNIVERSITY MEDICAL ASSOCIATES WEBSITE. FORM 990, PART XII, LINE 2C THE ORGANIZATION IS OPERATING AS A TAX EXEMPT ORGANIZATION FOR THIS FISCAL YEAR. UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA 1 POSTON ROAD STE 350 CHARLESTON SC 29407 570935917 SUPPORT THE EDUCATIONAL, MEDICAL, SCIENTIFIC AND RESEARCH PURPOSES OF MUSC. SC 501(C)(3) LINE 6 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0