2025-11-17T11:03:23-06:00 2024-12-31 PwC US Tax LLP 2001 MARKET STREET SUITE 1800 PHILADELPHIA PA 19103 990 2024-10-01 300554775 MOSES CONE AFFILIATED PHYSICIANS INC % ANDREW BARROW MOSE 3368327000 1200 NORTH ELM STREET GREENSBORO NC 27401 ANDREW BARROW CFO 3368327000 2025-11-14 true true JOANNE KRUEGER P01235586 2673303000 2025-11-13 2024 2025-03-06 01:10:19Z WILLIAM CURRAN 1200 NORTH ELM STREET GREENSBORO NC 27401 22663937 false X www.conehealth.com X 2009 NC WE SERVE OUR COMMUNITIES BY PREVENTING ILLNESS, RESTORING HEALTH AND PROVIDING COMFORT, THROUGH EXCEPTIONAL PEOPLE DELIVERING EXCEPTIONAL CARE. 3 0 505 0 0 0 0 0 89148942 22548451 -103196 0 247615 40655 89293361 22589106 0 0 0 0 83972068 20718475 0 0 0 5321293 1870631 89293361 22589106 0 44836195 44391957 206281555 206337317 -161445360 -161945360 X WE SERVE OUR COMMUNITIES BY PREVENTING ILLNESS, RESTORING HEALTH AND PROVIDING COMFORT, THROUGH EXCEPTIONAL PEOPLE DELIVERING EXCEPTIONAL CARE. false false 20330195 0 22579036 DELIVERY OF PHYSICIAN SERVICES FOR THE BENEFIT OF RESIDENTS OF THE COMMUNITY. MOSES CONE AFFILIATED PHYSICIANS ACCOMODATED 82,514 OFFICE, HOSPITAL, AND TELEHEALTH VISITS FOR THE YEAR. OF THE TOTAL GROSS CHARGES BOOKED FOR THE YEAR, 58.50% WERE FOR MEDICARE OR MEDICAID PATIENTS. FOR THE YEAR, MOSES CONE AFFILIATED PHYSICIANS PROVIDED $245,315 OF CHARITY CARE TO THE COMMUNITY. 20330195 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 0 505 true false false false false false false false false false false false false X 3 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 N ELM STREET GREENSBORO NC 27401 X CAGLE MD MARY JO DIRECTOR 0.0 40.0 X 0 2289628 108162 MATTHEWS MD JOHN PHYSICIAN 40.0 0.0 X 1514305 0 63024 BENSIMHON MD DANIEL PHYSICIAN 40.0 0.0 X 1153911 0 87152 BARROW ANDREW DIRECTOR 0.0 40.0 X 0 978116 94284 MCLEAN MD DALTON PHYSICIAN 40.0 0.0 X 1004086 0 68086 CAMNITZ MD WILL PHYSICIAN 40.0 0.0 X 1030493 0 35042 LAMBERT MD CAMERON PHYSICIAN 40.0 0.0 X 967346 0 70292 PORTILLO MD MARTIN FORMER PRESIDENT 0.0 40.0 X 0 873805 33278 SINOPOLI MD ANGELO DIRECTOR 0.0 40.0 X 0 567730 50402 BROWN CHRISTOPHER VICE PRESIDENT 0.0 40.0 X 0 416353 83557 CLEVELAND BEVERLY CHIEF FINANCIAL OFFICER 0.0 40.0 X 0 398632 43612 CURRAN WILLIAM PRESIDENT 0.0 40.0 X 0 350424 87307 5670141 5874688 824198 139 true true false 0 0 PATIENT REVENUE 621111 18945155 18945155 SERVICES TO AFFILIATE ORGANIZATION 621111 3464770 3464770 SERVICES TO PATIENTS 621111 93148 93148 SERVICES TO GOVERNMENT AGENCIES 621111 45378 45378 22548451 0 0 0 0 10070 10070 0 10070 10070 74831 74831 0 0 0 0 0 0 0 0 0 0 0 ALL OTHER SERVICES 621111 30450 30450 MEDICAL RECORDS DEPOSIT 621111 135 135 30585 22589106 22579036 0 10070 0 0 0 0 0 0 17700767 15930690 1770077 345743 311169 34574 1993403 1794063 199340 678562 610706 67856 4545348 4090813 454535 0 16478 14830 1648 0 0 0 5252 4727 525 41788 37609 4179 115540 103986 11554 87603 78843 8760 0 717316 645584 71732 42006 37805 4201 0 0 804 724 80 -7376776 -6639098 -737678 155540 139986 15554 88168 79351 8817 MEDICAL SERVICES & SUPPLIES 3163433 2847090 316343 UTILITIES, REPAIRS & MAINTENAN 156901 141211 15690 RECRUITMENT, RETENTION & EDUCA 66399 59759 6640 TAXES & LICENSURE 34447 31002 3445 10384 9345 1039 22589106 20330195 2258911 0 2694571 2681638 0 0 0 0 7963769 8103031 0 0 0 0 0 0 265099 339105 0 0 5717808 4104675 1749822 1613133 0 0 0 0 0 0 1563096 1563096 30599838 30091954 44836195 44391957 29618919 26494592 0 0 0 0 0 0 0 0 0 0 0 0 0 0 176662636 179842725 206281555 206337317 X -161445360 -161945360 0 0 -161445360 -161945360 44836195 44391957 X 0 -500000 X false true X true false X 2374786 1574479 800307 3315692 2530196 785496 27330 27330 1613133 DEFERRED COMPENSATION ASSET 24510646 RIGHT TO USE ASSETS 5696924 PAYROLL CORRECTIONS -115616 30091954 0 INTERCOMPANY PAYABLE 149262966 DEFERRED COMPENSATION LIABILITIES 24598780 LEASE OBLIGATIONS 4540837 OTHER LIABILITIES 1440142 179842725 X TEXT OF FIN 48 (ASC 740) FOOTNOTE FORM 990, SCHEDULE D, PART X, LINE 2 AS OF DECEMBER 31 2024, 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 CAGLE MD MARY JO DIRECTOR 0 1275861 0 843946 0 169821 0 77226 0 30936 0 2397790 0 0 MATTHEWS MD JOHN PHYSICIAN 1155491 0 350642 0 8172 0 38672 0 24352 0 1577329 0 0 0 BENSIMHON MD DANIEL PHYSICIAN 1050165 0 100350 0 3396 0 51936 0 35216 0 1241063 0 0 0 BARROW ANDREW DIRECTOR 0 595132 0 315105 0 67879 0 53500 0 40784 0 1072400 0 0 MCLEAN MD DALTON PHYSICIAN 905265 0 96860 0 1961 0 41389 0 26697 0 1072172 0 0 0 CAMNITZ MD WILL PHYSICIAN 926307 0 102176 0 2010 0 23420 0 11622 0 1065535 0 0 0 LAMBERT MD CAMERON PHYSICIAN 867198 0 98180 0 1968 0 42878 0 27414 0 1037638 0 0 0 PORTILLO MD MARTIN FORMER PRESIDENT 0 121831 0 223799 0 528175 0 32561 0 717 0 907083 0 0 SINOPOLI MD ANGELO DIRECTOR 0 492498 0 0 0 75232 0 49773 0 629 0 618132 0 0 BROWN CHRISTOPHER VICE PRESIDENT 0 283514 0 111402 0 21437 0 46657 0 36900 0 499910 0 0 CLEVELAND BEVERLY CHIEF FINANCIAL OFFICER 0 279307 0 90545 0 28780 0 39115 0 4497 0 442244 0 0 CURRAN WILLIAM PRESIDENT 0 305066 0 20025 0 25333 0 55689 0 31618 0 437731 0 0 EARNINGS CONTINGENT COMPENSATION FORM 990, SCHEDULE J, PART I, LINE 6B 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 MOSES H. CONE MEMORIAL HOSPITAL IS THE SOLE MEMBER POWER TO ELECT FORM 990, PART VI, SECTION A, LINE 7A MOSES H. CONE MEMORIAL HOSPITAL HAS THE POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. 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 PRIOR 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 15A AND 15B 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. SHORT-YEAR REPORTING DISCLOSURE FORM 990, PART VII, SECTION A, LINE 1 THIS FORM 990 COVERS A SHORT TAX YEAR FROM OCTOBER 1, 2024,THROUGH DECEMBER 31 2024, DUE TO A CHANGE IN ACCOUNTING PERIOD. AS A RESULT, THE REVENUE AND EXPENSES REPORTED IN PARTS VIII AND IX REFLECT ONLY THIS THREE-MONTH PERIOD. IN CONTRAST, COMPENSATION DISCLOSURES IN PART VII AND SCHEDULE J REFLECT THE FULL CALENDAR YEAR 2024, AS REQUIRED BY IRS INSTRUCTIONS. ACCORDINGLY, CERTAIN INDIVIDUALS ARE REPORTED AS FORMER OFFICERS/DIRECTORS BECAUSE THEIR SERVICE ENDED PRIOR TO THE BEGINNING OF THE SHORT TAX YEAR, EVEN THOUGH THEY RECEIVED SIGNIFICANT COMPENSATION DURING CALENDAR YEAR 2024. SPECIFICALLY, DR. MARLON PRIEST (SERVICE ENDED FEBRUARY 21, 2024) AND DR. MARTIN PORTILLO (SERVICE ENDED FEBRUARY 29, 2024) ARE DISCLOSED BECAUSE EACH RECEIVED MORE THAN $100,000 IN COMPENSATION DURING CALENDAR YEAR 2024. PART IX, LINE 9 - OTHER CHANGES IN NET ASSETS GNA EXCESS PROFIT DISTRIBUTION: ($500,000) Kaiser Foundation Hospitals One Kaiser Plaza - 26th FL Oakland CA 94612 941105628 Health Care CA 501(c)(3) 3 NA false Kaiser Foundation Health Plan Inc One Kaiser Plaza - 26th FL Oakland CA 94612 941340523 Health Care CA 501(c)(3) 10 NA false Kaiser Fdn Health Plan of Colorado One Kaiser Plaza - 26th FL Oakland CA 94612 840591617 Health Care CO 501(c)(3) 10 KFHP Inc false Kaiser Fdn Health Plan of Georgia Inc One Kaiser Plaza - 26th FL Oakland CA 94612 581592076 Health Care GA 501(c)(3) 10 KFHP Inc false Kaiser Foundation Health Plan of the MAS One Kaiser Plaza - 26th FL Oakland CA 94612 520954463 Health Care MD 501(c)(3) 10 KFHP Inc false Kaiser Fdn Health Plan of the Northwest One Kaiser Plaza - 26th FL Oakland CA 94612 930798039 Health Care OR 501(c)(3) 10 KFHP Inc false Kaiser Fdn Health Plan of Washington One Kaiser Plaza - 26th FL Oakland CA 94612 910511770 Health Care WA 501(c)(3) 3 KFHPW Hldgs false Kaiser Hospital Asset Management Inc One Kaiser Plaza - 26th FL Oakland CA 94612 943299125 Asset Mgmt CA 501(c)(3) 12-I KFH false Kaiser Health Plan Asset Management Inc One Kaiser Plaza - 26th FL Oakland CA 94612 943299124 Asset Mgmt CA 501(c)(3) 12-I KFHP Inc false Camp Bowie Service Center One Kaiser Plaza - 26th FL Oakland CA 94612 943299123 Admin CA 501(c)(3) 12-I KFHP Inc false Lokahi Assurance LTD One Kaiser Plaza - 26th FL Oakland CA 94612 912171891 WC Placement HI 501(c)(3) 12-I KFHP Inc false 1800 Harrison Foundation One Kaiser Plaza - 26th FL Oakland CA 94612 943317484 Financing CA 501(c)(3) 12-I KFHP Inc false Kaiser Hospital Assistance Corporation One Kaiser Plaza - 26th FL Oakland CA 94612 311779500 Financing CA 501(c)(3) 12-I KFH false Kaiser Health Alternatives One Kaiser Plaza - 26th FL Oakland CA 94612 930954562 Health Care OR 501(c)(3) 10 KFHP Inc false KP Bernard J Tyson School of Medicine One Kaiser Plaza - 26th FL Oakland CA 94612 814053028 Medical Educa CA 501(c)(3) 2 KFH false KFHPW Holdings One Kaiser Plaza - 26th FL Oakland CA 94612 930480268 Health Care WA 501(c)(3) 12-I KFHP Inc false Group Health Northwest One Kaiser Plaza - 26th FL Oakland CA 94612 911216856 Inactive WA 501(c)(3) 12-I KFHP of WA false Kaiser Fdn For The Adv of Integrated HC One Kaiser Plaza - 26th FL Oakland CA 94612 823819611 Advocacy CA 501(c)(4) N/A KFHP Inc false Kaiser Fdn Health Plan of Nevada Inc One Kaiser Plaza - 26th FL Oakland CA 94612 372097870 Health Care DE 501(c)(4) N/A KFHP Inc false KP Medical Foundation One Kaiser Plaza - 26th FL Oakland CA 94612 920685740 Health Care DE 501(c)(3) 12-I KFHP Inc false KFH Holdings Inc One Kaiser Plaza - 26th FL Oakland CA 94612 884172095 Holding Co DE 501(c)(3) 12-I KFH false Risant Health Inc One Kaiser Plaza - 26th FL Oakland CA 94612 923467590 Health Care DE 501(c)(3) 12-I NA false Geisinger Health 100 N Academy Ave MC 49-70 Danville PA 17822 231995911 Philanthropy PA 501(c)(3) 7 Risant Hlth false Community Medical Center 100 N Academy Ave MC 49-70 Danville PA 17822 240862246 Health Care PA 501(c)(3) 3 GH false Geisinger-Bloomsburg Hospital 100 N Academy Ave MC 49-70 Danville PA 17822 232193572 Health Care PA 501(c)(3) 3 GH false Geisinger Clinic 100 N Academy Ave MC 49-70 Danville PA 17822 236291113 Health Care PA 501(c)(3) 3 GH false Geisinger Commonwealth Sch of Medicine 100 N Academy Ave MC 49-70 Danville PA 17822 260812968 Medical Edu PA 501(c)(3) 2 GH false Geisinger Community Health Services 100 N Academy Ave MC 49-70 Danville PA 17822 232967235 Health Care PA 501(c)(3) 10 GSS false Geisinger Health Plan 100 N Academy Ave MC 49-70 Danville PA 17822 232311553 Health Care PA 501(c)(4) N/A GH false Geisinger Insurance Corporation RRG 100 N Academy Ave MC 49-70 Danville PA 17822 141909894 Insurance VT 501(c)(3) 12-I GH false Geisinger Jersey Shore Hospital 100 N Academy Ave MC 49-70 Danville PA 17822 240792115 Health Care PA 501(c)(3) 3 GH false Geisinger-Lewistown Hospital 100 N Academy Ave MC 49-70 Danville PA 17822 231352187 Health Care PA 501(c)(3) 3 GH false Geisinger Medical Center 100 N Academy Ave MC 49-70 Danville PA 17822 240795959 Health Care PA 501(c)(3) 3 GH false Geisinger Medical Center Muncy 100 N Academy Ave MC 49-70 Danville PA 17822 851226106 Health Care PA 501(c)(3) 3 GHMJV false Geisinger System Services 100 N Academy Ave MC 49-70 Danville PA 17822 232164794 Support Svcs PA 501(c)(3) 12-I GH false GSL Hospital 801 Ostrum Street Bethlehem PA 18015 824432109 Health Care PA 501(c)(3) 3 GH false GSLPG Inc 801 Ostrum Street Bethlehem PA 18015 825423865 Health Care PA 501(c)(3) 3 GSL Hospital false Geisinger Wyoming Valley Medical Center 100 N Academy Ave MC 49-70 Danville PA 17822 231996150 Health Care PA 501(c)(3) 3 GH false Keystone Health Information ExchangeInc 100 N Academy Ave MC 49-70 Danville PA 17822 464359893 Health Care PA 501(c)(3) 12-I GH false Marworth 100 N Academy Ave MC 49-70 Danville PA 17822 232171417 Health Care PA 501(c)(3) 3 GH false West Shore Advanced Life Support Svcs 100 N Academy Ave MC 49-70 Danville PA 17822 232463002 Health Care PA 501(c)(3) 7 GC false GNJ Physicians Group PC 100 N Academy Ave MC 49-70 Danville PA 17822 820681884 Health Care NJ 501(c)(3) 10 GH false The Moses H Cone Memorial Hospital 1200 North Elm St Greensboro NC 27401 560532302 Health Care NC 501(c)(3) 12-II Risant Hlth false The Moses H Cone Memorial Hops Oper Corp 1200 North Elm St Greensboro NC 27401 581588823 Health Care NC 501(c)(3) 3 MC Hospital false Moses Cone Physician Services Inc 1200 North Elm St Greensboro NC 27401 800249057 Health Care NC 501(c)(3) 3 MC Hospital false Moses Cone Medical Services Inc 1200 North Elm St Greensboro NC 27401 561714318 Health Care NC 501(c)(3) 3 MC Hospital false Reidsville Ob & Gyn Physicians Inc 1200 North Elm St Greensboro NC 27401 800217430 Health Care NC 501(c)(3) 3 MC Hospital false ARMC Health Care 1200 North Elm St Greensboro NC 27401 581681363 Health Care NC 501(c)(3) 3 MC Hospital false Alamance Regional Medical Center Inc 1200 North Elm St Greensboro NC 27401 560529994 Health Care NC 501(c)(3) 3 ARMC HC false Cone Health Philanthropic Foundation 1200 North Elm St Greensboro NC 27401 581681560 Fundraising NC 501(c)(3) 12-II Alamance MC false ARMC Physicians Care Inc 1200 North Elm St Greensboro NC 27401 562095382 Health Care NC 501(c)(3) 3 ARMC HC false The Moses Cone - Wesley Long Health Fdn 1200 North Elm St Greensboro NC 27401 562001399 Funding NC 501(c)(3) 12-II MC Hospital false Alamance Community & Health Fdn Inc 1200 North Elm St Greensboro NC 27401 462505818 Funding NC 501(c)(3) 12-II Alamance MC false REF Cone Inc 20 North Benbow Road Greensboro NC 27411 991330813 Real Estate NC 501(c)(3) 12-I MC Hospital false NXT Cap Sr Loan Fund I LLC 191 N Wacker Dr STE 1200 Chicago IL 60606 371651297 Investment DE NA N/A Maui Nui ASC Holdco LLC One Kaiser Plaza - 26th FL Oakland CA 94612 472847536 Holding Co HI NA N/A Keystone Accountable Care Organization 100 N Academy Ave MC 49-70 Danville PA 17822 920712783 Accountable care PA NA N/A NSC Greensboro West 3000 Riverchase Galleria Birmingham AL 35244 455484165 Health Care AL NA N/A Geisinger HM Joint Venture LLC 100 N Academy Ave MC 49-70 Danville PA 17822 561963226 Health Care PA NA N/A Evangelical-Geisinger Health LLC 100 N Academy Ave MC 49-70 Danville PA 17822 831871064 Health Care PA NA N/A Geisinger Encompass Health LLC 100 N Academy Ave MC 49-70 Danville PA 17822 460567687 Health Care PA NA N/A Keystone Healthcare Partnership LLC 100 N Academy Ave MC 49-70 Danville PA 17822 721398803 Health Care PA NA N/A HTA Holdings LLC 1200 North Elm St Greensboro NC 27401 833134941 Holding Company NC NA N/A Cone Health Ventures LLC 1200 North Elm St Greensboro NC 27401 920615196 Innovation NC NA N/A Oak Tree Assurance Ltd One Kaiser Plaza - 26th FL Oakland CA 94612 030329760 Insurance VT NA C Corp false Kaiser Permanente Insurance Company One Kaiser Plaza - 26th FL Oakland CA 94612 943203402 Insurance CA NA C Corp false Kaiser Permanente International One Kaiser Plaza - 26th FL Oakland CA 94612 943245176 Consulting CA NA C Corp false KFHP of Washington Options Inc One Kaiser Plaza - 26th FL Oakland CA 94612 911467158 Insurance WA NA C Corp false Group Health of Washington One Kaiser Plaza - 26th FL Oakland CA 94612 911314907 Inactive WA NA C Corp false Garfield Health Solutions East Pvt Ltd Level 10 Tower C Panchshil Business Balewadi Pune IN 411045 Admin IN NA C Corp false Garfield Health Solutions West SRL Ultrapark II Free trade Zone Bld 4 Lagunilla CS Heredia Admin CS NA C Corp false Geisinger Assurance Company Ltd PO Box 1159 GRAND CAYMAN CJ KY1-1102 Financial CJ NA C Corp false Geisinger Indemnity Insurance Company 100 N Academy Ave MC 49-70 Danville PA 17822 981016737 Insurance PA NA C Corp false Geisinger Quality Options Inc 100 N Academy Ave MC 49-70 Danville PA 17822 232815174 Insurance PA NA C Corp false ISS Solutions Inc 100 N Academy Ave MC 49-70 Danville PA 17822 204275139 Clin Engineering PA NA C Corp false Care N' Care Insurance Co North Carolina 1200 North Elm St GREENSBORO NC 27401 232077663 Insurance NC NA C Corp false Wesley Long Community Health Svcs Inc 1200 North Elm St Greensboro NC 27401 472847536 Health Care NC NA C Corp false Insurance Casualty and Risk Enterprise PO Box 1159 GRAND CAYMAN CJ KY1-1102 561441377 Insurance CJ NA C Corp false Piedmont Practice Associates Inc 1200 North Elm St Greensboro NC 27401 981491204 Health Care NC NA C Corp false false false false false false false false false false false true false false false false true false false false