2023-08-14T08:38:24-07:00 2022-09-30 990 2021-10-01 043159969 MILFORD REGIONAL PHYSICIAN GROUP INC MILF 5084731480 9 Industrial Rd Suite 5 Milford MA 01757 Elizabeth Cadle VP Finance, CFO 5084731480 2023-08-14 1 11 1 AAL2 2021 2023-04-26 12:10:37Z Elizabeth Cadle 9 Industrial Road Suite 5 Milford MA 01757 105396139 0 X www.milfordregionalphyscians.org X 1992 MA Milford Regional Physicians Group is a large multi-specialty physician group practice with emphasis on primary care. Our mission is to provide healthcare services to all individuals in our community with dignity, compassion, and respect. The vision of Milford Regional Physician Group is to consistently meet the changing healthcare needs and expectations of the communities we serve. 16 10 706 0 0 0 0 552377 98395706 104851021 1163 -7259 0 0 98396869 105396139 0 0 0 0 73102864 80732826 0 0 0 27923391 32872457 101026255 113605283 -2629386 -8209144 55077326 54147726 49411420 50556836 5665906 3590890 Our primary mission at Milford Regional Healthcare System, which includes Milford Regional Medical Center and Milford Regional Physician Group, is to provide exceptional healthcare services to all individuals in our community with dignity, compassion and respect. 0 0 38427856 0 38280298 Milford Regional Physician Group has 18 primary care offices servicing the 20 communities of Central Massachusetts. Guided by its mission "to provide quality healthcare services to our community with dignity, compassion and respect", MRPG strives to be responsive to diverse constituencies, individuals and families of all ages, employees and employers of large and small business, physicians and other healthcare providers. As a charitable organization, we acknowledge our special concern for the need of unserved and the underserved, especially the poor and minority populations. Our 50 primary care providers concentrate in the three following disciplines: Internal Medicine, Family Medicine, and Pediatrics. Patients of MRPG visited our primary care offices approximately 160,992 times in 2022. These primary care providers work in collaboration with specialists and the hospitals in our service area using a team approach to provide the best health care possible for the members of our community. The availability of quality primary care is a priority to our organization, support the mission of Milford Regional Physician Group, Inc., and strengthens its ability to reach important strategic goals related to primary care. 47744647 0 41270709 Milford Regional Physician Group has 23 specialist groups servicing 20 communities of Central Massachusetts. The group of 41 specialists including pulmonary and critical care, rheumatology, urology, obstetrics and gynecology, endocrinology, sleep medicine, ear nose & throat, and more. Our Lung Allergy & Sleep Pulmonary & Critical Care specialist have expertise in a range of respiratory conditions including but not limited to: lung cancer diagnosis and treatment: chronic obstructive lung disease including asthma; pulmonary vascular disease including pulmonary hypertension; respiratory failure; and lung infections. Our Rheumatologist specializes in the diagnoses and treatment of diseases that affect the endocrine system. In addition, we work closely with the diabetes program at Milford Regional Medical Center to provide a range of services to help optimize diabetes management. Our Sleep Center conducts polysomnograms to diagnose various sleep disorders, the most common of which is obstructive sleep apnea. Our Ear, Nose and Throat specialists are trained in the medical and surgical treatment of the ears, nose and throat and related structures of the head and neck. As Medical Director for the Breast Center our Surgical Breast specialist develops a multi-disciplinary team approach to all issues related to breast health and diseases. Our Cardiologists specialize in the diagnosis and treatment of cardiac disorders such as arrhythmia, hypertension ,congestive heart failure, coronary artery disease and heart attack. Our Orthopedists evaluate and treat conditions of the musculoskeletal system, extremities, joints, muscles, tendons, and ligaments. 13111263 0 12504365 Milford Regional Physician Group has an active hospitalist program that serves the Inpatients of Milford Regional Medical Center. Our 20 hospitalists work in collaboration with our primary care physicians to provide well coordinated care to our patients while they are hospitalized. The hospitalists can also make on-the-spot decisions about patient care, follow up on test results and modify treatment plans immediately, if necessary. They provide continuity of care, answer questions and provide emotional support to patients and their families. 11567854 0 13348025 Milford Regional Physician Group has 4 Urgent Care Centers that offers convenient walk-in service to treat patients for non-emergent illnesses and injuries. Care is provided by 6 physicians and 13 advance practitioners. Laboratory and x-ray services are available on site. The Urgent Care Centers treated patients approximately 69,419 times in 2022. 11567854 0 13348025 110851620 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 71 0 1 706 1 0 0 0 0 0 0 0 0 X 16 10 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X Patrick McSweeney MD 5084731480 9 Industrial Rd Suite 5 Milford MA 01757 Christopher Baranano Physician 50 0 X 599795 1000 31616 Eddie Michli Physician 50 0 X 536891 0 31216 Patrick McSweeney President 50 0 X 475958 0 41316 Raafat Awad Mousad Physican 50 0 X 476096 0 37410 Michael McCormick Physician 50 0 X 439007 33643 40436 Haisun Liao Physician 50 0 X 455121 6385 40807 Diana Caragacianu Trustee 50 0 X 459007 0 37416 Richard Daly Trustee 50 0 X 367183 25000 36616 Jeffrey Hopkins Former Clerk 0 0 X X 0 3000 0 Mary O'Neill Trustee 1 0 X 0 2190 0 Anthony Consigli Vice Chairman 1 0 X 0 0 0 Jamie Doucette Trustee 1 0 X 0 0 0 Vascen Bogigian Trustee 1 0 X 0 0 0 Denise Brookhouse Trustee 1 0 X 0 0 0 Shefali Desai Trustee 1 0 X 0 0 0 Gordon Lewis Treasurer 1 0 X 0 0 0 Laura Mann Chair 1 0 X 0 0 0 Linda Mancini Trustee 1 0 X 0 0 0 William Muller Trustee 1 0 X 0 0 0 Beverly Smymer Trustee 1 0 X 0 0 0 Brian Earley Clerk 1 0 X 0 0 0 Christopher Foley Trustee 1 0 X 0 0 0 John Fernandes Trustee 1 0 X 0 0 0 3809058 71218 296833 182 1 1 0 Lobisser & Ferreira Construction 1 Charlesview Road Hopedale MA 01757 Construction 786705 Scribe America 1200 East Las Olas BLVD Suite 201 Fort Lauderdale FL 33301 Medical Scribes 308884 UMass Memorial Medical Center 306 Belmont Street Worcester MA 01604 Physician Services 231402 Idwellings DBA Bevlin Building Better Networks PO Box 1816 Duxbury MA 02331 MIS Services 190831 Brigham and Women's Physician Organ 75 Francis St Boston MA 02445 Physician Services 183820 5 0 0 0 0 552377 0 0 552377 Primary Physician Care 622000 38079686 38079686 0 0 Specialty Physician Care 622000 41054426 41054426 0 0 Inpatient Physician Care 622000 12438835 12438835 0 0 Urgent Care 622000 13278074 13278074 0 0 0 0 0 0 104851021 -4448 -4448 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -2811 0 0 0 -2811 -2811 -2811 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 105396139 104843762 0 0 0 0 0 0 0 0 0 0 1437930 770604 667326 0 0 0 0 0 70809595 69760156 1049439 0 -308755 -360877 52122 0 4590588 4526245 64343 0 4203468 4120671 82797 0 3653961 3577366 76595 0 88129 8428 79701 0 19200 0 19200 0 0 0 0 0 0 0 0 0 0 0 4634393 4584393 50000 0 26156 26156 0 0 16429000 16320394 108606 0 10961 399 10562 0 0 0 0 0 5555029 5555029 0 0 28032 26725 1307 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1208467 1191599 16868 0 1344010 873483 470527 0 -124881 -129151 4270 0 113605283 110851620 2753663 0 -824412 -129455 0 0 0 0 12192642 10291792 0 0 0 0 0 0 890208 98921 4225832 2696784 15956973 12077288 3872897 3879685 0 0 0 0 0 0 0 0 34720159 37309999 55077326 54147726 48962838 49903230 0 0 0 0 0 0 0 0 0 0 0 0 0 0 448582 653606 49411420 50556836 X 5665906 3590890 0 0 5665906 3590890 55077326 54147726 X -8209144 0 0 0 0 6134128 X 0 1 X 1 1 1 X X 1 Milford Regional Medical Center 042103602 3 1 7657353 0 1 7657353 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 3221636 2084725 1136911 0 12735337 9992563 2742774 0 0 0 0 3879685 457B Employer Physicians 4352258 457B Employee Physicians 669996 Transamerica SERP 35075 Right of Use assets 32252670 37309999 0 Estimated Third Party Payer Settlements 653606 653606 X Schedule D, Part X, Line 2 The Medical Center, The Physician Group, the Foundation, and MRHC Management Services, Inc. have been determined to be tax-exempt corporations as described in Section 501(c)(3) of the Internal Revenue Code (the Code), and are exempt from federal income taxes on related income pursuant to Section 501(a) of the code. In accordance with generally accepted accounting principles, the Organization annually evaluates its tax status and tax positions taken with respect to its operations and financials position. No provision for income taxes has been made in the accompanying consolidated financial statements. X X X X X 0 1 0 1 0 0 0 1 0 Christopher Baranano Physician 599795 0 0 0 0 1000 0 0 31616 0 631411 1000 0 0 Eddie Michli Physician 536891 0 0 0 0 0 0 0 31216 0 568107 0 0 0 Raafat Awad Mousad Physican 476096 0 0 0 0 0 0 0 37410 0 513506 0 0 0 Patrick McSweeney President 413858 0 62100 0 0 0 0 0 41316 0 517274 0 0 0 Michael McCormick Physician 439007 33643 0 0 0 0 0 0 40436 776 479443 34419 0 0 Haisun Liao Physician 455121 0 0 0 0 6385 0 0 40807 0 495928 6385 0 Diana Caragacianu Trustee 459007 0 0 0 0 0 0 0 37416 0 496423 0 0 0 Richard Daly Trustee 367183 0 0 0 0 25000 0 0 36616 0 403799 25000 0 0 Schedule J, Part I, Line 4 Patrick McSweeney participates in a SERP totaling $29,499.72 Schedule J, Part I, Line 5 The compensation model for physicians is reviewed and approved by the Board of Trustees. Compensation is based on a productivity model where the physicians are paid a fixed dollar amount for each Work Relative Value Unit (RVU). Work RVUs are determined by CMS ( Medicare) to measure work performed by the physicians. Schedule J, Part I, Line 7 Primary Care physicians who are on the RVU-based productivity model are eligible to receive compensation based on the amount of patients in their panels. In addition, they are also eligible to receive compensation based on the number of new patients they see throughout the year. Physicians in our Hospitalist Program are eligible to receive additional compensation if they treat more than 16 patients per day. Laura Mann Owner of Milford Limited Partnership 221046 Rent 0 Laura Mann Owner of Quarry Office Suites 114282 Rent 0 Jeffrey Hopkins VP Integris Board of Directors 200000 Malpractice Insurance 0 Form 990, Part VI, Section A, Line 2 Milford Regional is a community physician group and as such, draws its board members from the leaders of the communities it serves. Many of these people have business relationships that are not known by Milford Regional. Form 990, Part VI, Section A, Line 7a Milford Regional Medical Center has the ability to appoint members of the governing body. Form 990, Part VI, Section A, Line 7b Milford Regional Medical Center has the authority to make decisions. Form 990, Part VI, Section B, Line 11b The Form 990 was provided to the Board of Trustees prior to filing via link to the document. Form 990, Part VI, Section B, Line 12c The organization has a written Code of Business Conduct which states its conflict of interest policy. The by-laws of the organization also include a Conflict of Interest section. Conflict of Interest disclosure statements are mailed annually to the Board of Trustees, senior management and any person who is a member of the Board Committee. The completed form is submitted to the President and CEO, who summarizes the results and provides them to the Board of Trustees for their review and discussion. A subcommittee of the Board has been created to review any potential conflict of interest matters as they arise. Form 990, Part VI, Section B, Line 15 The Compensation Committee approves all compensation plans and guidelines, as well as all compensation for the organization's key employees in accordance with such plans and guidelines. The committee may consult with a nationally recognized consultant to assist in determining the the organization's compensation structure and ranges are reasonable. Form 990, Part VI, Section C, Line 19 The organization makes its governing documents, such as by-laws, which include the organization's conflict of interest policy, available to the public through the annual filing of the Massachusetts Division of Public Charities Form PC. The Form PC is available for viewing on the Massachusetts Attorney General's website and is also attached to the annual filing of the Massachusetts Form ABC, which is submitted to town offices where the organization owns or leases property. The organization's financial statements are included in the Form PC filing. Documents are also made available upon request. Form 990, Part XI, Line 9 Transfer from Milford Regional Medical Center Milford Regional Medical Center 14 Prospect Street Milford MA 01757 042103602 Hospital MA 501(c)(3) Hospital N/A 1 MRHC Management Services Inc 14 Prospect Street Milford MA 01757 311631252 Provides office space, support to satellite MA 501(C)(3) 11A N/A 0 Milford Regional Healthcare Foundation Inc 14 Prospect Street Milford MA 01757 200773697 Fundraising MA 501(C)(3) 11A N/A 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 Milford Regional Medical Center k 47458 Milford Regional Medical Center p 7307872 Milford Regional Medical Center j 209810 Milford Regional Medical Center q 71159 Milford Regional Medical Center s 11380000 Milford Regional Medical Center o 680203 Milford Regional Medical Center i 0 Milford Regional Medical Center n 0 Extension granted