2025-05-14T09:13:58-05:00 2024-06-30 990 2023-07-01 202184459 Memorial Hermann Pharmacy Services LLC % SYSTEM TAX DEPARTMENT MEMO 7133384552 929 Gessner Rd Suite 1900 Houston TX 77024 BINITA PATEL SECRETARY 7133384552 2025-05-15 true 2023 2025-03-06 01:10:19Z David Callender MD 929 Gessner Rd Ste 1900 Houston TX 77024 125246973 false X WWW.MEMORIALHERMANN.ORG X 2005 TX MEMORIAL HERMANN HEALTH SYSTEM IS A NONPROFIT, VALUES-DRIVEN, COMMUNITY-OWNED HEALTH SYSTEM DEDICATED TO IMPROVING HEALTH. 3 0 0 0 0 0 0 0 122971151 124733413 260792 513560 0 0 123231943 125246973 0 0 0 0 5671109 8087644 0 0 0 111507035 114670434 117178144 122758078 6053799 2488895 24971636 22511114 22171973 17222556 2799663 5288558 X MEMORIAL HERMANN HEALTH SYSTEM IS A NONPROFIT, VALUES-DRIVEN, COMMUNITY-OWNED HEALTH SYSTEM DEDICATED TO IMPROVING HEALTH. OUR VISION IS TO CREATE HEALTHIER COMMUNITIES, NOW AND FOR GENERATIONS TO COME. OUR VALUES ARE COMMUNITY, COMPASSION, CREDIBILITY, AND COURAGE. false false 122742640 124733413 Memorial Hermann prides itself in offering pharmacy services to its hospitals on the leading edge of technology, extensive clinical programs, shared system formulary, with interdisciplinary collaboration utilizing several innovative pharmacy practice models. The Pharmacy estimates that 95% of the individuals receiving services will be filling prescriptions (whether initial or refill) received in connection with care provided as a patient of one of Memorial Hermann's section 501(c)(3) hospitals. While there may be some incidental sales to the general public, the Pharmacy's purpose, and substantially all of its activities, is directed at addressing the pharmaceutical needs of patients of the Memorial Hermann 501(c)(3) hospitals. 122742640 true false 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 9 0 true 0 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 X SYSTEM TAX DEPARTMENT 7133384552 929 GESSNER RD STE 1900 Houston TX 77024 David L Callender MD President 1.0 40.0 X X 0 5391502 528732 Deborah Gordon Director 1.0 40.0 X 0 1738372 272018 Joshua Urban Vice President 1.0 40.0 X X 0 1622484 250677 Binita Patel Secretary 40.0 1.0 X 0 420735 75985 0 9173093 1127412 0 false true false PROHEALTH PHARMACY SOLUTIONS INC 500 WINDERLY PLACE STE 324 MAITLAND FL 32751 CONTRACT SERVICES 822260 Wellsky Corporation 11300 Switzer Rd OVERLAND PARK KS 66210 CONTRACT SERVICES 312060 Therigy LLC 2301 Maitland Center Parkway Suite MAITLAND FL 32751 Contract Services 165484 8 0 PATIENT REVENUE PHARMACY 456110 124733413 124733413 124733413 513560 513560 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 125246973 124733413 513560 0 0 0 0 0 0 6558017 6558017 279091 279091 776709 776709 473827 473827 0 0 15438 15438 0 0 0 5819615 5819615 943 943 1470516 1470516 142988 142988 0 686473 686473 18382 18382 0 3975 3975 0 0 347784 347784 17445 17445 MEDICAL SUPPLIES 105933577 105933577 EQUIPMENT & MAINTENANCE 195065 195065 SPECIAL FUNCTIONS 8531 8531 DUES & MEMBERSHIP 6151 6151 3551 3551 122758078 122742640 15438 0 484 484 7234542 3732932 0 0 6534763 8421494 0 0 0 0 0 0 5023753 5143802 364161 55522 8598318 3441438 5813933 5156880 0 0 0 0 0 0 0 0 0 0 24971636 22511114 872454 1405216 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21299519 15817340 22171973 17222556 X 2799663 5288558 0 0 2799663 5288558 24971636 22511114 2488895 X false true X true false X 0 0 0 0 0 0 52986962 92524502 109456262 122971151 124733413 502672290 0 0 0 52986962 92524502 109456262 122971151 124733413 502672290 0 0 0 502672290 19782 17294 11410 260792 513560 822838 0 19782 17294 11410 260792 513560 822838 0 0 53006744 92541796 109467672 123231943 125246973 503495128 0.99837 0.99913 0.00163 0.00087 X 3599478 728042 2871436 3720366 1687110 2033256 1278100 1026286 251814 374 374 5156880 0 INTERCOMPANY PAYABLE 12781473 CP LT ROU LIABILITY 3000699 UNEARNED REV-CASH RECEIPTS RES 35168 15817340 X Form 990 Schedule D Part X Line 2 FOR FISCAL YEARS ENDING JUNE 30, 2024 AND 2023, MEMORIAL HERMANN PHARMACY SERVICES LLC MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING CONSOLIDATED BALANCE SHEETS. X X X X X false true false false false false false true false Binita Patel Secretary 0 266141 0 153695 0 899 0 45067 0 30918 0 496720 0 41550 Joshua Urban Vice President 0 887116 0 730596 0 4772 0 243894 0 6783 0 1873161 0 105626 David L Callender MD President 0 1788992 0 3558383 0 44127 0 501714 0 27018 0 5920234 0 1422984 Deborah Gordon Director 0 840655 0 893115 0 4602 0 237261 0 34757 0 2010390 0 202761 FORM 990 Schedule Line 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: MEMORIAL HERMANN HEALTH SYSTEM SPONSORS TWO SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS; MEMORIAL HERMANN SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP); EXECUTIVE DEFERRED COMPENSATION PLAN (EDCP).THE FOLLOWING INDIVIDUAL(S) PARTICIPATED IN AND/OR RECEIVED PAYMENTS (NOTED IN PARENTHESIS FOR SERP AND EDCP RESPECTIVELY) FROM MEMORIAL HERMANN HEALTH SYSTEM'S SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN DURING THE TAX YEAR: DEBORAH GORDON ($0/$202,761.16); Joshua Urban ($30,465.57/$105,625.91) Binita Patel ($0/$41,550.12) David Callender ($0/$1,422,442.61). Schedule J Part I, Line 7 Memorial Hermann Health System has two incentive programs in which certain management individuals may participate, the management incentive bonus and long-term incentive plan. The management incentive bonus is an annual incentive designed to attract and retain key leaders and establish greater accountability and alignment to business performance. Payment amount targets are based upon a percentage of base salary, developed by independent third-party experts. Memorial Hermann's compensation committee and governing board have final discretion whether to award amounts to individuals and to adjust the payment at their sole discretion. The long-term incentive plan is based on a three-year performance plan, which rewards key senior leaders by aligning their compensation to strategic initiatives of Memorial Hermann. Performance targets are based upon a percentage of the individual's base salary and are developed by independent third-party experts using market competitive data within the guides of reasonableness. At the end of a three-year period, Memorial Hermann's compensation committee reviews performance against goals to determine appropriate payout. Memorial Hermann's compensation committee and governing board have final discretion whether to award amounts to individuals and to adjust the payment at their sole discretion. Form 990 Part VI Section A Line 6 The Memorial Hermann Pharmacy Services LLC has as its sole member Memorial Hermann Health System, both of which are 501(c)(3) non-profit entities. Form 990 Part VI Section A Line 7A The member has the authority to annually elect the board members of the organization and to terminate and replace them at its discretion. Form 990 Part VI Section A Line 7B The member has approval authority over the decisions of the board for amendments to the bylaws and articles of incorporation, annual operating and capital budget, the purchase or sale of substantial assets, and the merger or dissolution of the organization. Form 990 Part VI Section B Line 11B THE FORM 990 IS PREPARED AND REVIEWED BY MEMORIAL HERMANN SYSTEM TAX DEPARTMENT. THE SYSTEM TAX DEPARTMENT WORKS WITH OTHER DEPARTMENTS THROUGHOUT THE ORGANIZATION TO OBTAIN THE INFORMATION NEEDED TO COMPLETE THE FORM 990. UPON COMPLETION, THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER, CHIEF ACCOUNTING OFFICER, AND/OR OTHER KEY OFFICERS. A COMPLETE COPY OF THE FORM 990 IS THEN PROVIDED TO EACH MEMBER OF THE GOVERNING BODY PRIOR TO FILING THE FORM 990. Form 990 Part VI Section B Line 12C MEMORIAL HERMANN PHARMACY SERVICES LLC UTILIZES CONFLICT OF INTEREST SURVEYS AND HAS CODIFIED ITS PROCEDURE IN A POLICY. THE POLICY IS MONITORED BY THE ORGANIZATION'S CORPORATE COMPLIANCE DEPARTMENT THROUGH ANNUAL SURVEYS OF BOARD MEMBERS, CORPORATE OFFICERS, MANAGEMENT LEVEL EMPLOYEES, AND OTHER SELECTED EMPLOYEES, PHYSICIANS AND VENDORS FOR ALL OF ITS ENTITIES AND RELATED AFFILIATES. IN ADDITION TO RESPONDING TO THE SURVEY, EACH RECIPIENT AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE POLICY, HAVE READ AND UNDERSTOOD IT, HAVE AGREED TO COMPLY WITH IT, AND UNDERSTANDS THAT MEMORIAL HERMANN IS A CHARITABLE ORGANIZATION WHO MUST ENGAGE IN PRIMARILY TAX-EXEMPT PURPOSE ACTIVITIES. THE CORPORATE COMPLIANCE DEPARTMENT, CHIEF LEGAL OFFICER, AND THE CORPORATE AUDIT COMMITTEE, CONSISTING OF INDEPENDENT BOARD MEMBERS, RECEIVE A REPORT OF ALL ITEMS DISCLOSED. THE AUDIT COMMITTEE CHAIR REPORTS THE EXISTENCE OF ANY CONFLICTS TO THE CORPORATE BOARD OF DIRECTORS. MEMORIAL HERMANN'S CONFLICTS OF INTEREST POLICY REQUIRES THAT BOARD MEMBERS EXCUSE THEMSELVES FROM DISCUSSIONS IN WHICH THEY HAVE A CONFLICT OF INTEREST. THE POLICY ALSO SUBJECTS BOARD MEMBERS TO DISCIPLINARY ACTION IF THEY ARE FOUND TO HAVE VIOLATED THE POLICY. Form 990 Part VI Section B Line 15A The compensation committee of the Memorial Hermann board of directors retains the ultimate discretionary authority over all elements of executive compensation. The committee is comprised of individuals who are not employed by Memorial Hermann, and have no conflicting interests. The process for determining compensation for the organization's CEO and disqualified persons is modeled after the requirements in IRC section 4958 to establish the presumption of reasonable compensation. The compensation committee reviews and approves the total remuneration for the organization's disqualified persons in advance of being paid. On an annual basis, the compensation committee engages an independent third-party executive compensation consultant who uses comparable market data from published surveys and/or forms 990 of similar organizations to perform a competitive analysis and write an opinion letter regarding the competitive position of Memorial Hermann's disqualified persons. The compensation committee reviews the comparability data and opinion letter, and documents its discussion and decisions in minutes that are retained with the organization's other governance materials. The analysis is performed annually and it includes the President and CEO, all executive vice presidents and senior vice presidents of the organization, as well as family members of disqualified persons who are employed by Memorial Hermann. Form 990 Part VII Section C Line 19 Certain documents of the organization are available to the public through the Texas Secretary of State, such as the organization's certificate of formation and any amendments thereto. The organization is included in the consolidated audited financial statements, which are attached to the Form 990 and are made available to the public upon request. The organization's other governing documents and conflicts of interest policy are not made available to the public. Memorial Hermann Community Benefit 929 Gesnner Rd Ste 1900 Houston TX 77024 680511504 COMMUNITY TX 501(c)(3) 10 MHHS false Memorial Hermann Foundation 929 Gessner Rd Ste 1900 Houston TX 77024 741653640 FUNDRAISING TX 501(c)(3) 12A 1 MHHS false Memorial Hermann Medical Group 929 Gessner Rd Ste 1900 Houston TX 77024 204923281 PHYSICIAN SVC TX 501(c)(3) 10 MHHS false Memorial Hermann Health System 929 Gessner Rd Ste 1900 Houston TX 77024 741152597 Healthcare TX 501(c)(3) 3 NA false MHS Physicians of Texas 929 Gessner Rd Ste 1900 Houston TX 77024 760385980 PHYSICIAN SVC TX 501(c)(3) 3 MHHS false Memorial Hermann Information Exchange 929 Gessner Rd Ste 1900 Houston TX 77024 020684202 POP HEALTH TX 501(c)(3) 3 MHHS false Memorial Hermann Hospital Based Physicia 929 Gessner Rd Ste 1900 Houston TX 77024 844504483 Physician Svc TX 501(c)(3) 3 MHHS false MHUSP Surgery CTR III LLP 15305 Dallas Pkwy Ste 1600 LB 28 Addison TX 75001 200707543 AMB SURGERY CTR TX NA MHUSP Surgery Centers IV LLP 15305 Dallas Pkwy Ste 1600 LB 28 Addison TX 75001 208575266 AMB SURGERY CTR TX NA Mh Katy Rehab Hospital LLC 929 Gessner Rd Ste 1900 Houston TX 77024 263896170 REHABILITATION TX NA Virtus Memorial WLZ LLC 835 W 6th St Ste 1500 Austin TX 78703 815162347 Investment DE NA Intrepid Private Equity SPVNMP LP 540 Madison Avenue 25th Floor New York NY 10022 844479929 Investment NY NA MHUSP SURGERY CENTERS VI LLC 14201 Dallas Parkway Dallas TX 75254 882478620 AMB SURGERY CTR TX NA MHUSP Surgery Centers VII LLC 14201 Dallas PArkway Dallas TX 75254 882453369 Amb Surgery CTR TX NA SP Taum Sauk Mountain LLC 5761 Forest Highlands Drive Fort Worth TX 76132 862777477 Investment TX NA Redbird Vida Co- Invest LP 440 Royal Palm Way Palm Beach FL 33480 842453088 Investment FL NA Community First Development LP 835 W 6th St Ste 1500 Austin TX 78703 872484035 Investment TX NA SL3 Trinity Holdings LLC 100 Crescent Court Suite 850 Dallas TX 75201 883875509 Investment TX NA Middleground Apex Co-Invest Partners LP 1500 Aristides Blvd Lexington KY 40511 932852697 Investment KY NA Peak Rock Capital Credit Fund III LP 13413 Galleria Circle Suite Q-300 Austin TX 78738 880976131 Investment TX NA Memorial Hermann-GoHealth Urgent Care L 5555 GLENRIDGE CONNECTOR SUITE 700 Atlanta GA 30342 880619926 URGENT CARE CTRS TX NA MHMD 929 Gessner Rd Ste 1900 Houston TX 77024 760074819 INTEGRATED PN TX NA C Corp Memorial Hermann Health Solutions 929 Gessner Rd Ste 1900 Houston TX 77024 264419989 Insurance TX NA C Corp Memorial Hermann Health Insurance Co 929 Gessner Rd Ste 1900 Houston TX 77024 760646301 Insurance TX NA C Corp The Health Professionals Ins Company LTD Barclays House 3rd Floor Grand Cayman CJ KY1-1102 980149278 INVESTMENTS CJ NA Foreign Memorial Hermann Health Plan Inc 929 Gessner Rd Ste 1900 Houston TX 77024 462707092 Insurance TX NA C Corp Memorial Hermann Health Plan Holding LLC 929 Gessner Rd Ste 1900 Houston TX 77024 812971502 Insurance TX NA C Corp MH Commercial Health Plan Inc 929 Gessner Rd Ste 1900 Houston TX 77024 206680981 Insurance TX NA C Corp Memorial Hermann Ventures LLC 929 Gessner Rd Ste 1900 Houston TX 77024 825207571 HOLDING COMPA TX NA C Corp Memorial Hermann Urgent Care PLLC 929 Gessner Rd Ste 1900 Houston TX 77024 804485662 Urgent Care C TX NA C Corp MH Holdco LLC 929 Gessner Rd Ste 1900 Houston TX 77024 922484766 Holding Compa TX NA C Corp Memorial Hermann Accountable Care Org 929 Gessner Rd Ste 1900 Houston TX 77024 800778181 ACO TX NA C Corp MHMG Primary Care 929 Gessner Rd Ste 1900 Houston TX 77024 922193904 Physician Svc TX NA C Corp Memorial Hermann Primary Care Alliance 929 Gessner Rd Ste 1900 Houston TX 77024 920897835 Physician Svc TX NA C Corp false false false false false false false false false true true true true false true true true true true Memorial Hermann Health System K 508041 GAAP Memorial Hermann Health System L 47065783 GAAP Memorial Hermann Health System M 29385368 GAAP Memorial Hermann Health System O 8025134 GAAP Memorial Hermann Health System P 5307966 GAAP Memorial Hermann Health System Q 113524063 GAAP Memorial Hermann Health System R 167205443 GAAP Memorial Hermann Health System S 28278832 GAAP MHS Physicians of Texas M 5809376 GAAP MHS Physicians of Texas S 5313918 GAAP Memorial Hermann Medical Group P 157411 GAAP