2017-01-31T16:12:03-06:00 2016-06-30 KPMG LLP 4200 Wells Fargo Ctr 90 S 7th Minneapolis MN 55402 990 2015-07-01 411843943 University of Minnesota Physicians % RACHEL BRISSON UNIV 6128840918 720 Washington Avenue SE Suite 200 Minneapolis MN 55414 BARBARA DANIELS MD 6128840918 2017-01-17 true Monroe J Gierl P01413237 6123055000 2015 2021-01-29 14:40:06Z Barbara Daniels MD 720 Washington Ave SE Ste 200 Minneapolis MN 55414 521783450 false X www.umphysicians.org X 1996 MN To provide the highest quality health care to patients and their families. 24 3 3258 3 0 0 0 481124665 520798907 1067847 984543 0 0 482192512 521783450 22052533 24298451 0 0 367523214 402698504 0 0 0 82004055 90855662 471579802 517852617 10612710 3930833 179426062 205379392 62848519 81325718 116577543 124053674 X UNIVERSITY OF MINNESOTA PHYSICIANS IS A MULTI-SPECIALTY PHYSICIAN ORGANIZATION DEDICATED TO PROVIDING QUALITY, PATIENT FOCUSED CARE. WE SERVE AS THE INTEGRATED GROUP PRACTICE FOR THE UNIVERSITY OF MINNESOTA MEDICAL SCHOOL FULL-TIME FACULTY. COMMITTED TO OUR WORK EFFORTS TO ADVANCE MEDICAL KNOWLEDGE AND EDUCATION, WE SUPPORT THE RESEARCH AND EDUCATION MISSION OF THE MEDICAL SCHOOL. false false 621110 440267727 24298451 520798907 PROVIDED MEDICAL DIAGNOSIS, TREATMENT, AND CARE FOR AREA RESIDENTS. SUPPORTED INSTRUCTION OF MEDICAL STUDENTS, INTERNS, AND RESIDENTS. SUPPORTED MEDICAL AND SCIENTIFIC RESEARCH. 440267727 true false false false false false false false false false true false false true true true false true false false true false false false false false false true false true false false false false false false true false false false false false true true true true false false true 127 0 true 3258 true false true CJ false false false false false false false false X 24 3 false false false false false false true true true false false true true true true true true true true true true MN X RACHEL BRISSON 6128840703 720 Washington Ave SE STE 200 Minneapolis MN 55414 X Barbara S Daniels MD CEO/Director/Physician 20.0 20.0 X X 458938 260777 90021 Levi S Downs MD CMO/Director/Physician 20.0 20.0 X X 247398 178778 69418 Abraham K Jacob MD Physician 20.0 20.0 X 236192 45847 58315 Badrinath R Konety MD Physician 20.0 20.0 X 502177 309527 114392 Bevan Yueh MD Physician 20.0 20.0 X 190411 315360 100832 Bradley J Benson MD Physician 20.0 20.0 X 179944 84910 60483 Carrie A Terrell MD Physician 20.0 20.0 X 182872 51510 40362 David A Rothenberger MD Physician 20.0 20.0 X 252947 413925 99519 Denis R Clohisy MD Physician 20.0 20.0 X 515519 369383 121258 Edward W Greeno MD Physician 20.0 20.0 X 236323 183764 80231 Holly C Boyer MD Physician 20.0 20.0 X 259353 41515 67105 Jay Brooks Jackson MD Physician 20.0 20.0 X 15176 735624 57640 Joseph Neglia MD Physician 20.0 20.0 X 118891 287044 73537 Macaran A Baird MD Physician 20.0 20.0 X 15176 371412 63315 Michael H Wall MD Physician 20.0 20.0 X 243831 366025 87376 Patricia Adam MD Physician 20.0 20.0 X 23926 185208 48770 Sameer Gupta MD Physician 20.0 20.0 X 265527 44037 60866 Stephen J Haines MD Physician 20.0 20.0 X 627215 143846 99408 Gregory J Beilman MD Physician 20.0 20.0 X 292718 222638 94553 James K Anderson MD Physician 20.0 20.0 X 258015 26696 82499 Peter Igarashi MD Physician 20.0 20.0 X 209779 272794 78114 Thomas J Dietz Community Board Memeber 5.0 0.0 X 0 0 0 Thomas G Olson Community Board Member 5.0 0.0 X 0 0 0 Kenneth J Roering Community Board Member 5.0 0.0 X 0 0 0 Ann L Schwind Former Chief Financial Officer 40.0 0.0 X 371111 0 65281 Mary A Johnson Chief Operating Officer 40.0 0.0 X 444543 0 41607 Barbara S Gold MD Sr VP Clinical Quality 20.0 20.0 X 339966 41450 72350 Troy Wilhelm Chief Financial Officer 40.0 0.0 X 256232 0 59080 Bradley J Nelson MD Physician 20.0 20.0 X 727180 36611 84754 Fernando A Pena MD Physician 20.0 20.0 X 821894 40543 67803 Peter K Lee MD Physician 20.0 20.0 X 749229 69517 61757 Rosemary F Kelly MD Physician 20.0 20.0 X 738000 85544 75316 Daniel V Landers MD Physician 20.0 20.0 X 698842 103419 57997 William T Browne MD Physician 20.0 20.0 X 244780 45688 12898 Joel L Boyd MD Physician 40.0 0.0 X 563083 0 78321 Jonathan P Braman MD Physician 20.0 20.0 X 684508 96908 89968 Patrick M Morgan MD Physician 20.0 20.0 X 320884 39481 67803 Stephen C Battista MD Physician 40.0 0.0 X 721667 0 80695 Ranjit John MD Physician 20.0 20.0 X 619280 39371 88080 Kenneth Liao MD Physician 20.0 20.0 X 606658 41942 67877 14240185 5551094 2719601 684 true true false University of Minnesota Medical Sch 420 Delaware Street Minneapolis MN 55455 Clinical/Academic 168325085 Fairview Health Services PO Box 1496 Minneapolis MN 55440 Lab&Nursing Services 7472295 Gray Plant Mooty Mooty Bennett P 80 South 8th Street Suite 500 Minneapolis MN 55402 Legal 1529928 RightSourcing Inc 9 Executive Circle Suite 290 Irvine CA 92614 Workforce Management 1214133 Open Systems Technologies Inc 800 N Washington Ave 308 Minneapolis MN 55401 Staffing Services 987992 58 0 Contract Service Revenue 621110 318300368 318300368 Patient Service Revenue 621110 202498539 202498539 520798907 984543 984543 0 0 0 0 0 0 0 0 0 0 521783450 520798907 984543 X 24298451 24298451 0 0 0 7443022 5324834 2118188 0 319481037 300449605 19031432 28680659 20556346 8124313 31361104 14675371 16685733 15732682 7075908 8656774 0 3803282 3084812 718470 101273 101273 0 0 0 25785689 16222355 9563334 117584 117584 5872618 3349709 2522909 4657843 82626 4575217 0 10156991 8338487 1818504 358765 76552 282213 0 1835618 1750113 85505 0 0 2453995 1440698 1013297 5508173 5072328 435845 Dean Support / Dean Tax 10245824 10245824 Bad Debt Expense 4476843 4476843 MN Care Tax 3468337 3468337 Medical Supplies/Drugs 3117218 3115481 1737 8895609 7045463 1850146 517852617 440267727 77584890 0 77931126 61514111 17863232 8948932 0 0 25683798 28854413 0 0 0 0 7022042 3998233 0 0 1391626 2997500 25596491 20597690 5904477 4998801 0 0 188890 188889 0 0 0 0 43440871 93878513 179426062 205379392 62268701 81300891 0 0 0 0 0 0 0 0 0 0 0 0 0 0 579818 24827 62848519 81325718 X 116577543 124053674 0 0 0 0 116577543 124053674 179426062 205379392 X 3930833 -64033 3609331 X false true X true false X FORM 990, SCHEDULE A, PART I, LINE 3: UNIVERSITY OF MINNESOTA PHYSICIANS IS RECOGNIZED AS A HOSPITAL BY THE INTERNAL REVENUE SERVICE UNDER IRC SECTION 170(B)(1)(A)(III). HOWEVER, UNIVERSITY OF MINNESOTA PHYSICIANS DOES NOT CURRENTLY OPERATE ANY LICENSED HOSPITAL FACILITIES; THEREFORE, NO SCHEDULE H IS REQUIRED. 7768820 6106086 1662734 5994016 4118495 1875521 11833655 10373109 1460546 4998801 INVESTMENT IN SUBSIDIARY 19221187 CONTRACTS RECEIVABLE 73830326 MALPRACTICE RETENTION 827000 93878513 0 OTHER LONG TERM LIABILITIES 24827 24827 X PART X, LINE 2 THE ORGANIZATION HAS ADOPTED GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE STANDARD REQUIRES AN ORGANIZATION TO DETERMINE WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION ON THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION RECORDED NO ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS AS A RESULT OF THE ADOPTION OF THE STANDARD. Federal returns for the periods ended June 30, 2013 through June 30, 2015 remain subject to examination by major tax jurisdictions. Central America and the Caribbean Investments 2772801 2772801 2772801 true false true false false false false University of Minnesota 420 Delaware Street 1425 University Ave SE Minneapolis MN 55455 416007513 115 24298451 Education & Research 1 Schedule I, Part I, Line 2: ASSISTANCE WAS TO RELATED ORGANIZATIONS, FUNDS ARE MONITORED BY MANAGEMENT, UNIVERSITY OF MINNESOTA AND THE RELATED GOVERNING BODIES. X X X X X false false false false false false false false false Barbara S Daniels MD CEO/Director/Physician 285696 242629 169661 0 3581 18148 39750 33590 16681 498688 311048 0 0 Levi S Downs MD CMO/Director/Physician 180000 173836 64400 0 2998 4942 36660 23400 0 9358 284058 211536 0 0 Abraham K Jacob MD Physician 232075 4485 650 0 3467 41362 30254 6555 0 21506 266446 73908 0 0 Badrinath R Konety MD Physician 317250 255538 180972 14338 3955 39651 53000 34450 0 26942 555177 370919 0 0 Bevan Yueh MD Physician 187571 276303 0 8135 2840 30922 41225 34450 0 25157 231636 374967 0 0 Bradley J Benson MD Physician 176522 82376 0 0 3422 2534 22948 12112 0 25423 202892 122445 0 0 Carrie A Terrell MD Physician 180797 32255 0 0 2075 19255 23504 6997 0 9861 206376 68368 0 0 David A Rothenberger MD Physician 250000 351879 0 22750 2947 39296 37500 34450 0 27569 290447 475944 0 0 Denis R Clohisy MD Physician 374390 313730 137048 12853 4081 42800 53000 42774 0 25484 568519 437641 0 0 Edward W Greeno MD Physician 213916 178011 18900 0 3507 5753 30266 24808 0 25157 266589 233729 0 0 Holly C Boyer MD Physician 248932 40403 7500 0 2921 1112 53000 5538 0 8567 312353 55620 0 0 Jay Brooks Jackson MD Physician 15000 694061 0 0 176 41563 3450 26500 0 27690 18626 789814 0 0 Joseph Neglia MD Physician 117354 255202 0 10725 1537 21117 15256 36034 0 22247 134147 345325 0 0 Macaran A Baird MD Physician 15000 291604 0 27513 176 52295 1950 34450 0 26915 17126 432777 0 0 Michael H Wall MD Physician 230000 340897 11961 5300 1870 19828 36294 26500 0 24582 280125 417107 0 0 Patricia Adam MD Physician 15000 144675 8750 0 176 40533 3088 24609 0 21073 27014 230890 0 0 Sameer Gupta MD Physician 191000 33571 71150 0 3377 10466 34080 5076 0 21710 299607 70823 0 0 Stephen J Haines MD Physician 546681 88101 76595 26980 3939 28765 53000 16618 0 29790 680215 190254 0 0 Ann L Schwind Former Chief Financial Officer 276532 0 68540 0 26039 0 39750 0 25531 0 436392 0 0 0 Mary A Johnson Chief Operating Officer 333797 0 80500 0 30246 0 39750 0 1857 0 486150 0 0 0 Barbara S Gold MD Sr VP Clinical Quality 284915 40139 51540 0 3511 1311 39750 6574 0 26026 379716 74050 0 0 William T Browne MD Physician 241407 43448 0 0 3373 2240 0 6500 0 6398 244780 58586 0 0 Bradley J Nelson MD Physician 424840 19990 297391 0 4949 16621 53000 5692 0 26062 780180 68365 0 0 Fernando A Pena MD Physician 631096 39507 186843 0 3955 1036 53000 5390 0 9413 874894 55346 0 0 Joel L Boyd MD Physician 528175 0 22919 0 11989 0 53000 0 25321 0 641404 0 0 0 Jonathan P Braman MD Physician 469872 76280 209957 0 4679 20628 53000 13458 0 23510 737508 133876 0 0 Patrick M Morgan MD Physician 186011 38445 131858 0 3015 1036 53000 5390 0 9413 373884 54284 0 0 Peter K Lee MD Physician 724375 49282 20000 0 4854 20235 34450 9750 0 17557 783679 96824 0 0 Rosemary F Kelly MD Physician 570499 41078 162504 0 4997 44466 39750 11960 0 23606 777750 121110 0 0 Stephen C Battista MD Physician 586172 0 123218 0 12277 0 53000 0 27695 0 802362 0 0 0 Troy Wilhelm Chief Financial Officer 237823 0 0 0 18409 0 39188 0 19892 0 315312 0 0 0 Gregory J Beilman MD Physician 267982 186143 19874 0 4862 36495 39750 29861 0 24942 332468 277441 0 0 Daniel V Landers MD Physician 694887 90161 0 0 3955 13258 34450 13665 0 9882 733292 126966 0 0 James K Anderson MD Physician 205340 7960 49886 0 2789 18736 53000 4506 0 24993 311015 56195 0 0 Peter Igarashi MD Physician 207615 243744 0 9375 2164 19675 26713 25577 0 25824 236492 324195 0 0 Ranjit John MD Physician 560673 15092 53786 0 4821 24279 39750 23275 0 25055 659030 87701 0 0 Kenneth Liao MD Physician 577993 5921 23610 0 5055 36021 39750 6111 0 22016 646408 70069 0 0 David D Laxson MD Husband - Barbara Daniels 775065 Employed Cardiologist false Suma H Konety MD Wife - Badrinath Konety 197575 Employed Cardiologist false FORM 990, PART IV, LINE 14A WHILE UMPHYSICIANS DID NOT MAINTAIN AN OFFICE OR EMPLOYEES OUTSIDE OF THE UNITED STATES, A SUBSIDIARY OF UMPHYSICIANS DID. HOWEVER, THIS SUBSIDIARY IS NOT INCLUDED AS PART OF THIS FORM 990. Form 990, Part VI, Line 7b THE BY-LAWS OF THE ORGANIZATION GRANT THE DEAN OF THE MEDICAL SCHOOL CERTAIN DECISION MAKING CAPABILITIES AS APPLICABLE. THE BOARD OF REGENTS OF THE UNIVERSITY OF MINNESOTA (BOARD OF REGENTS), IS A PUBLIC CORPORATE BODY ORGANIZED AND EXISTING UNDER THE CONSTITUTION AND LAWS OF THE STATE OF MINNESOTA. THE CORPORATION EXISTS UNDER THE PROVISIONS OF THE MEDICAL SERVICE PLAN AS ADOPTED BY THE BOARD OF THE REGENTS. THEREFORE, CERTAIN ACTIONS TAKEN BY THE CORPORATION REQUIRE APPROVAL BY THE BOARD OF REGENTS. IN ADDITION, CERTAIN MATTERS TAKEN UP BY THE CORPORATION'S BOARD OF DIRECTORS MAY REQUIRE MEMBER APPROVAL. Form 990, Part VI, Line 11a FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY AT A BOARD MEETING BEFORE THE RETURN IS FILED. Form 990, Part VI, Line 12c DIRECTORS, OFFICERS AND EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM WHICH IS ANNUALLY REVIEWED BY MANAGEMENT AND OUTSIDE LEGAL COUNSEL IF NECESSARY. IF ANY OFFICER, DIRECTOR OR COMMITTEE MEMBER OF THE CORPORATION IS CONSIDERED TO HAVE CONFLICT OF INTEREST, THEY SHOULD GIVE THE BOARD OF THE CORPORATION NOTICE OF SUCH INTEREST OR RELATIONSHIP AND SHALL THEREAFTER REFRAIN FROM VOTING OR OTHERWISE ATTEMPTING TO EXERT ANY INFLUENCE ON THE CORPORATION TO AFFECT ITS DECISION TO PARTICIPATE OR NOT PARTICIPATE IN SUCH TRANSACTION. THE INTERESTED OFFICER, DIRECTOR OR COMMITTEE MEMBER SHALL LEAVE ANY MEETING DURING ANY DISCUSSION OF A MATTER IN WHICH SUCH INDIVIDUAL IS CONSIDERED TO HAVE A CONFLICT OF INTEREST. Form 990, Part VI, Line 15a THE ORGANIZATION HAS A FORMAL REVIEW PROCESS IN ITS HUMAN RESOURCE DEPARTMENT THAT UTILIZES A COMPENSATION DIRECTOR, COMPENSATION ANALYST WHO BENCHMARK AND REPORT LOCAL AND NATIONAL DATA AND SUGGEST GRADE LEVELS FOR COMMITTEE REVIEW. THE ORGANIZATION HAS AN EXECUTIVE COMPENSATION COMMITTEE THAT REPORTS DIRECTLY TO THE BOARD OF DIRECTORS. THE COMMITTEE INCLUDES COMMUNITY MEMBERS WHO ARE ENTIRELY EXTERNAL TO THE ORGANIZATION. IT ALSO USES COMPENSATION BENCHMARKING AND A FORMAL EMPLOYEE REVIEW PROCESS AS A GUIDE FOR SETTING AND REVIEWING COMPENSATION. THE LAST REVIEW, CONDUCTED BY EXTERNAL CONSULTANTS, WAS COMPLETED DURING 2014 AND WHILE REVIEWS ARE DONE EACH YEAR, EXTERNAL REVIEWS ARE PERFORMED APPROXIMATELY EVERY TWO YEARS. Form 990, Part VI, Line 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FOR VIEWING AT THE MAIN OFFICE DURING NORMAL BUSINESS HOURS. Form 990, Part IX, Line 1 UMPHYSICIANS MAKES VOLUNTARY TRANSFERS TO THE UNIVERSITY OF MINNESOTA MEDICAL SCHOOL TO SUPPORT RESEARCH, EDUCATION AND CLINICAL EXPENSES. BECAUSE THESE TRANSFERS ARE VOLUNTARY, THEY HAVE BEEN REPORTED ON PART IX, LINE 1 AS GRANTS. THEY HAVE ALSO BEEN REPORTED ON SCHEDULE I AS GRANTS. From 990, Part IX, Line 9 Masonic Contribution $10,000,000 Equity Method Investments $(6,390,669) ------------- $3,609,331 UMPhysicians Management Company LLC 720 Washington Ave SE Ste 200 Minneapolis MN 55414 273661692 Management MN 834281 UMP University of Minnesota 1425 University Ave SE Minneapolis MN 55455 416007513 Public Univ. MN 115 N/A NA false U of M Health Clinics & Surgery Center 500 IDS Center 80 S 8th St Minneapolis MN 55402 465444821 Hospital MN 501(c)(3) Line 3 na false Ump Assurance Company Buckingham Square 720 West Bay Road Grand Cayman Cayman Islands CJ 980445809 Self-Insurance CJ UMPHYSICIANS C Corp 2772801 11177111 1.00000 true false true false false false false false false false false true false false true true true true true true Univ of MN Physicians Assurance Company p 4187470 Actual cost Univ of MN Physicians Assurance Company q 2830665 Actual cost