2025-08-14T09:05:33-04:00 2024-09-30 PwC US Tax LLP 2001 MARKET STREET SUITE 1800 PHILADELPHIA PA 19103 990 2023-10-01 562095382 ARMC PHYSICIANS CARE INC % ANDREW BARROW ARMC 3368327000 1200 NORTH ELM STREET GREENSBORO NC 27401 ANDREW BARROW CFO 3368327000 2025-08-13 true true JOANNE KRUEGER P01235586 2673303000 2025-08-10 2023 2025-03-06 01:10:19Z WILLIAM CURRAN 1200 NORTH ELM STREET GREENSBORO NC 27401 14951936 false X WWW.CONEHEALTH.COM X 1998 NC OPERATION OF PHYSICIAN PRACTICES 2 0 160 0 0 0 0 0 16362710 14938795 0 0 9281 13141 16371991 14951936 0 0 0 0 11976924 10938485 0 0 0 8648075 7633962 20624999 18572447 -4253008 -3620511 2545583 2191273 63995682 67261883 -61450099 -65070610 WE SERVE OUR COMMUNITIES BY PREVENTING ILLNESS, RESTORING HEALTH AND PROVIDING COMFORT THROUGH EXCEPTIONAL PEOPLE DELIVERING EXCEPTIONAL CARE. ARMC PHYSICIANS CARE DOES SO BY PROVIDING ACCESS TO PRIMARY AND SPECIALTY CARE IN ALAMANCE COUNTY, NC. false false 16715203 0 14951937 PROVISION OF PHYSICIAN SERVICES FOR THE BENEFIT OF THE COMMUNITY. ALAMANCE PHYSICIANS PROVIDED 81,723 OFFICE, HOSPITAL, AND TELEHEALTH VISITS THIS YEAR. OF THE TOTAL GROSS CHARGES BOOKED FOR THE YEAR, 54.85% WERE FOR MEDICARE OR MEDICAID PATIENTS. FOR THE YEAR ALAMANCE PHYSICIANS PROVIDED $398,761 OF CHARITY CARE TO THE COMMUNITY. 16715203 true false false false false false false false false false true false false true 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 0 0 160 true false false false false false false false false false false false false X 2 0 false false false false true true true true true false false true true true true true true true true false NC X ANDREW BARROW 3368327000 1200 NORTH ELM STREET GREENSBORO NC 27401 CAGLE MD MARY JO DIRECTOR 0.0 40.0 X 0 1587536 90745 PRIEST MD MARLON DIRECTOR THRU 02/16/24 0.0 40.0 X 0 902565 82340 BARROW ANDREW DIRECTOR 0.0 40.0 X 0 719090 91844 PORTILLO MD MARTIN DIRECTOR, PRES THRU 02/29/24 0.0 40.0 X 0 719407 43470 CHERRY MD ANIKA PHYSICIAN 40.0 0.0 X 427474 0 27207 SOWLES MD KRICHNA PHYSICIAN 40.0 0.0 X 338296 0 84239 JOHNSON MD MEGAN PHYSICIAN 40.0 0.0 X 384563 0 31838 BERGLUND MD LAURA PHYSICIAN 40.0 0.0 X 345516 0 38463 CLEVELAND BEVERLY CHIEF FINANCIAL OFFICER 0.0 40.0 X 0 308970 38509 BROWN CHRISTOPHER VICE PRESIDENT 0.0 40.0 X 0 301737 39917 KARAMALEGOS ALEXANDER PHYSICIAN 40.0 0.0 X 303414 0 25633 CURRAN WILLIAM PRESIDENT 0.0 40.0 X 0 0 0 1799263 4539305 594205 26 false true false 0 0 PATIENT REVENUE 621111 14435787 14435787 SERVICES TO AFFILIATE ORGANIZATIONS 621111 399843 399843 SERVICES TO GOVERNMENT AGENCIES 621111 100690 100690 SERVICES TO PATIENTS 621111 2475 2475 14938795 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ALL OTHER SERVICES 621111 13126 13126 OTHER 621111 15 15 13141 14951936 14951921 15 0 0 0 0 0 0 8554693 7699224 855469 392286 353057 39229 1442357 1298121 144236 549149 494234 54915 63024 56722 6302 0 9869 8882 987 0 0 0 162353 146118 16235 11507 10356 1151 172224 155002 17222 38 34 4 0 192763 173487 19276 26127 23514 2613 0 0 0 3275800 2948220 327580 0 166458 149812 16646 77718 69946 7772 MEDICAL SUPPLIES & SERVICES 3273252 2945927 327325 RECRUITMENT-RETENTION & EDU 102255 92030 10225 UTILITIES AND REPAIRS 85433 76890 8543 TAXES AND LICENSURE 3372 3035 337 11769 10592 1177 18572447 16715203 1857244 0 2090 2290 0 0 0 0 864195 319951 0 0 0 0 0 0 0 0 -156839 0 3157445 2056140 989683 1101305 0 0 0 0 0 0 0 0 846454 767727 2545583 2191273 3500517 3638475 0 0 0 0 0 0 0 0 0 0 0 0 0 0 60495165 63623408 63995682 67261883 X -61450099 -65070610 0 0 -61450099 -65070610 2545583 2191273 -3620511 X false true X true false X 906125 483618 422507 465297 401232 64065 1557863 1163045 394818 228160 8245 219915 1101305 RIGHT TO USE ASSETS 499148 DEFERRED COMPENSATION ASSET 268579 767727 0 DEFERRED COMPENSATION LIABILITIES 269148 INTERCOMPANY PAYABLES 62805573 LEASE OBLIGATION 309962 PAYROLL CORRECTIONS 35504 OTHER LIABILITIES 203221 63623408 X FIN 48 (ASC 740) FOOTNOTE FORM 990, SCHEDULE D, PART X, LINE 2 AS OF SEPTEMBER 30, 2024 AND 2023, THE HEALTH SYSTEM HAD NO UNCERTAIN TAX POSITIONS UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES, REQUIRING ADJUSTMENTS TO ITS CONSOLIDATED FINANCIAL STATEMENTS. THE HEALTH SYSTEM DOES NOT EXPECT THAT UNRECOGNIZED TAX BENEFITS WILL MATERIALLY INCREASE WITHIN THE NEXT 12 MONTHS. X X X X X false false false false false false true false false BARROW ANDREW DIRECTOR 0 588769 0 53015 0 77306 0 52500 0 39344 0 810934 0 0 BERGLUND MD LAURA PHYSICIAN 251406 0 89862 0 4248 0 32772 0 5691 0 383979 0 0 0 BROWN CHRISTOPHER VICE PRESIDENT 0 278283 0 25 0 23429 0 24864 0 15053 0 341654 0 0 CAGLE MD MARY JO DIRECTOR 0 1224308 0 190602 0 172626 0 61636 0 29109 0 1678281 0 0 CHERRY MD ANIKA PHYSICIAN 360064 0 66357 0 1053 0 22533 0 4674 0 454681 0 0 0 CLEVELAND BEVERLY CHIEF FINANCIAL OFFICER 0 277232 0 3075 0 28663 0 34277 0 4232 0 347479 0 0 JOHNSON MD MEGAN PHYSICIAN 290879 0 89510 0 4174 0 22878 0 8960 0 416401 0 0 0 KARAMALEGOS ALEXANDER PHYSICIAN 210854 0 90856 0 1704 0 22878 0 2755 0 329047 0 0 0 PORTILLO MD MARTIN DIRECTOR, PRES THRU 02/29/24 0 616665 0 25942 0 76800 0 40001 0 3469 0 762877 0 0 PRIEST MD MARLON DIRECTOR THRU 02/16/24 0 752756 0 5587 0 144222 0 72761 0 9579 0 984905 0 0 SOWLES MD KRICHNA PHYSICIAN 229580 0 106287 0 2429 0 53453 0 30786 0 422535 0 0 0 EARNINGS CONTINGENT COMPENSATION PART I, LINE 6 OFFICERS ARE PAID BY MOSES H. CONE MEMORIAL HOSPITAL OPERATING CORPORATION, INC. AND PARTICIPATE IN THE MANAGEMENT INCENTIVE COMPENSATION PROGRAM. UNDER THIS PROGRAM, A PORTION OF THE SALARY OF THOSE AT A LEVEL OF DEPARTMENT DIRECTOR AND HIGHER IS SET ASIDE AND IS CONTINGENT UPON THE HEALTH SYSTEM'S PERFORMANCE ON SEVERAL MEASURES, INCLUDING NET EARNINGS. NOTE: IF THESE MEASURES ARE NOT MET, THEIR COMPENSATION WILL BE BELOW THE MARKET LEVEL FOR THEIR JOB. SOLE MEMBER FORM 990, PART VI, SECTION A, LINE 6 ARMC HEALTH CARE IS THE SOLE MEMBER. POWER TO ELECT FORM 990, PART VI, SECTION A, LINE 7A EXCEPT FOR EX OFFICIO SEATS, DIRECTORS ARE ELECTED BY THE BOARD OF DIRECTORS OF ALAMANCE REGIONAL MEDICAL CENTER, INC. RESERVED RIGHTS TO THE MEMBER FORM 990, PART VI, SECTION A, LINE 7B CERTAIN FINANCIAL ACTIONS OF THE CORPORATION ARE RESERVED OR REQUIRE APPROVAL OF THE SOLE MEMBER. FURTHER, ANY ACTION CONCERNING THE DISSOLUTION OR LIQUIDATION OF THE FOUNDATION ARE RESERVED OR REQUIRE APPROVAL OF THE SOLE MEMBER. FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC VERSION OF THE RETURN WILL BE MADE AVAILABLE ON THE BOARD PORTAL TO ALL BOARD MEMBERS IN ADVANCE OF THE FILING DATE. REPRESENTATIVES OF THE FINANCE STAFF FROM THE HEALTH SYSTEM WILL BE AVAILABLE TO RESPOND TO ANY QUESTIONS OR ADDRESS ANY ISSUES. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C BEFORE EVERY BOARD MEETING OR COMMITTEE MEETING, THE CHAIR WILL ASK EVERY MEMBER TO REVIEW THE AGENDA AND TO DISCLOSE ANY AREA WHERE THEY MAY HAVE CONFLICT SO THAT THE DISCLOSURE IS COMPLETE PRIOR TO DISCUSSION. COMPENSATION REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 15 THE FOLLOWING METHODS ARE USED TO ESTABLISH COMPENSATION OF OFFICERS: COMPENSATION COMMITTEE; INDEPENDENT COMPENSATION CONSULTANT; WRITTEN EMPLOYMENT CONTRACT; COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. GOVERNING DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE PROPRIETARY AND ARE NOT MADE AVAILABLE TO THE PUBLIC. Moses Cone Affiliated Physicians Inc 1200 North Elm Street Greensboro NC 27401 300554775 HEALTHCARE NC 501(c)(3) 3 MC Parent false Alamance Regional Medical Center Inc 1200 North Elm Street Greensboro NC 27401 560529994 HEALTHCARE NC 501(c)(3) 3 ARMC HC false The Moses H Cone Memorial Hospital Inc 1200 North Elm Street Greensboro NC 27401 560532302 HEALTHCARE NC 501(c)(3) 12-II NA false ALAMANCE REGIONAL MEDICAL CENTER FOUNDAT 1200 North Elm Street Greensboro NC 27401 561681560 FUNDRAISING NC 501(c)(3) 12-II ARMC HC false Moses Cone Medical Services Inc 1200 North Elm Street Greensboro NC 27401 561714318 HEALTHCARE NC 501(c)(3) 3 MC Parent false Moses H Cone Memorial Hospital Oper Corp 1200 North Elm Street Greensboro NC 27401 581588823 HEALTHCARE NC 501(c)(3) 3 MC Parent false ARMC Health Care 1200 North Elm Street Greensboro NC 27401 581681363 HEALTHCARE NC 501(c)(3) 3 MC Parent false Reidsville OB & GYN 1200 North Elm Street Greensboro NC 27401 800217430 HEALTHCARE NC 501(c)(3) 3 MC Med Svcs false Moses Cone Physician Services Inc 1200 North Elm Street Greensboro NC 27401 800249057 HEALTHCARE NC 501(c)(3) 3 MC Parent false Moses Cone-Wesley Long Community Health 1200 North Elm Street Greensboro NC 27401 562001399 Funding NC 501(c)(3) 12-II MC Parent false Alamance Community & Health Foundation 1200 North Elm Street Greensboro NC 27401 462505818 Funding NC 501(c)(3) 12-II ARMC false REF Cone Inc 200 North Benbow Road Greensboro NC 27411 991330813 Real Estate NC 501(c)(3) 12-I MC Parent false ANNIE PENN MEMORIAL HOSPITAL FOUNDATION 618 SOUTH MAIN STREET REIDSVILLE NC 27320 581897269 FUNDING NC 501(C)(3) 7 MC OPERATING false NSC Greensboro West LLC 3000 riverchase galleria Birmingham AL 35244 472847536 HEALTHCARE AL MC Med Svcs Cone Health Ventures LLC 1200 N Elm St Greensboro NC 27401 920712783 Innovation NC WLCHS HTA Holdings LLC 1200 n elm st address Raleigh NC 27401 920615196 Holding Company NC WLCHS Wesley Long Community Health Services I 1200 North Elm Street Greensboro NC 27401 561441377 HEALTHCARE NC MC Parent C CORP false Piedmont Practice Associates Inc 1200 North Elm Street Greensboro NC 27401 561954739 HEALTHCARE NC WLCHS C CORP false Care N' Care Insurance Company of NCInc 1200 North Elm Street Greensboro NC 27401 472847536 INSURANCE NC HTA Holdings C CORP false Insurance Casualty and Risk Enterprise PO Box 1159 Grand Cayman CJ KY1-1102 CJ KY1-1102 981491204 Self Insurance CJ MC Parent C CORP false false false false false false false false false false false true false false false false true false false false