2017-11-14T08:41:04-07:00 2016-12-31 990 2016-01-01 453303309 Healthcare Partners of Saratoga LTD HEAL 5185838454 211 Church Street Saratoga Springs NY 12866 Gary Foster Treasurer 5185838421 2017-11-15 66.162.65.190 2016 2021-01-29 14:40:06Z Malta Med Emergent Care Angelo Calbone 211 Church Street Saratoga Springs NY 12866 15126506 0 X www.maltamed.org X Not-for-Profit Corporation 2011 NY To serve the people of its community by responding to their health care needs in a supportive and caring environment. X 8 0 0 4 199168 -15754 0 0 15022348 15105121 0 0 21734 21385 15044082 15126506 0 0 0 0 0 0 0 0 0 12869638 13240937 12869638 13240937 2174444 1885569 7331830 6510714 3024350 2817665 4307480 3693049 To serve the people of its community by responding to their health care needs in a supportive and caring environment. 0 0 11806563 0 15126506 The foremost commitment of Healthcare Partners of Saratoga LTD(HCP) is to provide high-quality,cost effective health care to individuals and families in the communites it serves regardless of a patient's ability to pay. HCP actively supports community-based healthcare and promotes the coordination of services among healthcare providers and social services organizations. In addition, HCP seeks to work collaboratively with other health care providers to improve the health status of its region. HCP is defined as an emergent care center, which is a cross between an urgent care center and a hospital emergency department. Therefore, the facility accommodates a wide range of medical needs. HCP offers 24-hour access to emergency medicine physicians for urgent care.These physicians are equipped to treat patients with any level of urgent care needs. Patients treated and triaged are discharged home with follow up to their primary care or specialist, thus avoiding an emergency room visit to their local hospital. During 2016, HCP accommodated approximately 31,000 urgent care visits. In addition,other services provided during the year included outpatient X-ray(16,098 visits), ultrasound (5,197 visits),computed tomography( 4,439 visits),magnetic resonance imaging(1,231 visits) and laboratory services (149,601 tests). 0 0 0 11806563 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 8 0 0 1 1 0 0 0 0 0 X 8 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 NY X Michael Battle 5185838498 211 Church Street Saratoga Springs NY 12866 X Steven M Frisch MD President 2 40.0 X 0 0 0 Angelo G Calbone Vice President 2 40 X 0 0 0 Gary L Foster Treasurer 2 40 X 0 0 0 Frances Albert Secretary 2 40 X 0 0 0 Gary J Kochem Director 2 40 X 0 0 0 Jeffrey Methven Director 2 40 X 0 0 0 Vincent P Verdile Director 2 40 X 0 0 0 Kevin Ronayne Director 2 40 X 0 0 0 William Hasselbarth Former Secretary 40 2 X 0 0 0 0 0 0 0 0 0 0 Laboratory Corp of America PO BOX 12140 Burlington NC 27216 Medical Laboratory Testing 424033 Hypertype Inc 39 Halada Drive Lake George NY 12845 Transcription Services 220314 2 0 Specimen Drop Offs 621500 199168 0 199168 0 Net Patient Service Revenue 621493 11436444 11436444 0 0 Medicare, Traditional and MC 621493 1775992 1775992 0 0 Medicaid, Traditional and MC 621493 1693517 1693517 0 0 0 0 0 0 15105121 0 0 0 0 Purchase Discounts and Rebates 621493 21385 21385 0 0 0 0 0 0 21385 15126506 14927338 199168 0 X 0 0 0 0 228 0 228 0 21996 0 21996 0 0 0 0 0 0 0 0 0 0 0 9161614 8166725 994889 0 51645 51645 0 742140 626626 115514 0 25706 22826 2880 0 0 0 0 0 1154182 1021451 132731 0 808 808 0 0 0 0 0 0 0 0 0 0 37055 32904 4151 0 0 0 0 0 711666 631938 79728 0 104450 74369 30081 0 Provision for Bad Debts 468000 468000 0 0 Miscellaneous 34238 33707 531 0 Medical Supplies 727209 727209 0 0 13240937 11806563 1434374 0 2123687 1920634 1363419 1163860 137061 143540 199113 373038 5289091 2410758 3467087 2878333 41463 31309 7331830 6510714 813118 1132380 2211232 1685285 0 0 3024350 2817665 X 4307480 3693049 0 0 0 0 4307480 3693049 7331830 6510714 X 1885569 0 0 0 0 -2500000 X 0 1 X 1 0 X 0 0 0 0 293999 68611 225388 0 0 0 0 0 4971653 2339956 2631697 0 23439 2191 21248 2878333 0 Federal Income Taxes 0 0 X 15126506 0 0 0 0 0 15126506 0 0 0 15126506 12772937 0 0 0 0 0 12772937 0 468000 468000 13240937 Schedule D, Part X, Line 2 HCP recognizes the effect of income tax positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than fifty percent likely of being realized upon settlement. Changes in recognition in measurement are reflected in the period in which the change in judgement occurs. HCP did not recognize the effect of any uncertain tax positions in prior years. Schedule D, Part XII, Line 4b Provision for Bad Debts Cash 2016-12-31 1250000 Cash Transaction - FMV (Cash distributions were made on 7/12/16 and 12/15/16 for $ 750,000 and $ 500,000, respectively.) 141338547 Saratoga Hospital 211 Church Street Saratoga Springs NY 12866 501(c)3 Cash 2016-07-07 1250000 Cash Transaction-FMV (Cash distributions were made on 7/12/16 and 12/15/16 for $ 750,000 and $ 500,000, respectively.) 141338307 Albany Medical Center 47 New Scotland MC-116 Albany NY 12208 501(c)3 0 0 0 0 Form 990, Part VI, Section A, Line 7a Healthcare Partners of Saratoga, LTD(HCP) has two,equal Members, Saratoga Hospital (SH) and Albany Medical Center Hospital (AMCH). The HCP Board of Directors consists of eight individuals who are either a member of the governing body or management of one of the corporate members of HCP. The governing bodies of SH and AMCH have the right to designate and elect four Directors each to serve on HCP's Board of Directors. Form 990, Part VI, Section B, Line 11b A draft of the Form 990 and any required supplemental schedules(collectively the "Form 990") is completed by Saratoga Hospital's (SH) Fiscal Services Department. The completed Form 990 is then reviewed by SH's Director, Financial Accounting and Vice President/Chief Financial Officer to ensure compliance with applicable instructions. The initial phase of review by HCP's Board of Directors occurs at a board meeting. Members of the Board are provided with drafts of the Form 990 prior to the meeting. At the meeting, an agenda item is devoted to providing the members with time to ask questions, and to provide comments or suggestions. The Board evaluates the suggestions and comments and the Form 990 is amended, if necessary. A final version is then filed with the IRS. Form 990, Part VI, Section B, Line 12c Healthcare Partners has a formal process for monitoring and enforcing compliance. In collaboration with Saratoga Hospital(one of it's member owners), monthly meetings are held and minutes from these meetings are maintained. A formal report is submitted to the Board of Directors for HCP on an annual basis and minutes from the monthly meetings are reviewed at each Board meeting. Form 990, Part VI, Section C, Line 19 HCP's governing documents, conflict of interest policy and financial statements are available to the public upon request. Form 990, Part IX, Line 11g All physician and physician extender services rendered at HCP are provided by practitioners employed by Albany Medical College, which is affiliated with Albany Medical Center. Included in other fee for services is approximately $ 2,448,569 representing the amount paid to Albany Medical College cost to provide staffing. All non physician staff providing services to HCP are Saratoga Hospital employees. Included in other fee for services is approximately $ 5,789,725 representing the amount paid to Saratoga Hospital to provide this staffing. Form 990, Part XI, Line 9 During 2016, HCP made equity distributions to Albany Medical Center and Saratoga Hospital, in amounts of $ 1,250,000 each, totaling $ 2,500,000.