2016-11-11T09:31:31-07:00 2015-12-31 990 2015-01-01 453303309 Healthcare Partners of Saratoga LTD HEAL 5185838454 211 Church Street Saratoga Springs NY 12866 Gary Foster Secretary 5185838421 2016-11-15 2015 2017-02-10 21:41:12Z Malta Med Emergent Care Angelo Calbone 211 Church Street Saratoga Springs NY 12866 15044082 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 6 195286 -57598 0 0 12361711 15022348 0 0 5260 21734 12366971 15044082 0 0 0 0 0 0 0 0 0 12359619 12869638 12359619 12869638 7352 2174444 7326935 7331830 3693899 3024350 3633036 4307480 To serve the people of its community by responding to their health care needs in a supportive and caring environment. 0 0 11697806 0 15044082 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. The health center offers 24-hour access to emergency medicine physicians for urgent care. During 2015, HCP performed approximately 30,000 urgent care visits. Other services include outpatient X-ray, ultrasound,computed tomography(CT),magnetic resonance imaging(MRI) and laboratory services. 0 0 0 11697806 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 0 1 0 0 0 0 0 1 7 0 0 1 1 0 0 0 0 0 X 8 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 NY X Michael Battle 5185838498 211 Church Street Saratoga Springs NY 12866 Steven M Frisch MD Vice President 2 40.0 X 0 0 0 Angelo G Calbone President & Chairman 2 40 X 0 0 0 Gary L Foster Secretary 2 40 X 0 0 0 William C Hasselbarth Treasurer 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 0 0 0 0 0 0 0 Laboratory Corp of America PO BOX 12140 Burlington NC 27216 Medical Laboratory Testing 341355 Hypertype Inc 39 Halada Drive Lake George NY 12845 Transcription Services 161907 2 0 Specimen Drop Offs 621500 195286 0 195286 0 Net Patient Service Revenue 621493 10348887 10348887 0 0 Medicare, Traditional and MC 621493 3755670 3755670 0 0 Medicaid, Traditional and MC 621493 722505 722505 0 0 0 0 0 0 15022348 0 0 0 0 Purchase Discounts and Rebates 621493 21734 21734 0 0 0 0 0 0 21734 15044082 14848796 195286 0 X 1886 1886 20600 20600 8706703 7785862 920841 40087 10865 29222 702144 688824 13320 20356 18381 1975 1077816 973242 104574 1072 1072 46842 46365 477 706630 638070 68560 103105 93101 10004 Provision for Bad Debts 750000 750000 0 0 Miscellaneous 19881 19508 373 0 Medical Supplies 672516 672516 0 0 12869638 11697806 1171832 0 797561 2123687 2168254 1363419 116448 137061 204090 199113 5176333 1709246 3988964 3467087 51618 41463 7326935 7331830 966508 813118 2727391 2211232 0 0 3693899 3024350 X 3633036 4307480 0 0 0 0 3633036 4307480 7326935 7331830 X 2174444 0 0 0 0 -1500000 X 0 1 X 1 0 X 0 0 0 0 0 0 0 0 0 0 0 0 5176333 1709246 3467087 0 0 0 0 3467087 0 0 X 15044082 0 0 0 0 0 15044082 0 0 0 15044082 12119638 0 0 0 0 0 12119638 0 750000 750000 12869638 Schedule D, Part X, Line 2 HCP recognizes the effect of income tax positions only if those 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 2015-12-08 750000 Cash transaction - FMV 141338547 Saratoga Hospital 211 Church Street Saratoga Springs NY 12866 501(c)3 Cash 2015-12-08 750000 Cash Transaction 141338307 Albany Medical Center 47 New Scotland Ave MC-116 Albany NY 12208 501(c)3 0 0 0 0 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 $2,326,000 representing the amount paid to Albany Medical College cost to provide staffing. All nonphysician staff providing services to HCP are Saratoga Hospital employees. Included in other fee for services is approximately $5,374,000 and representing the amount paid to Saratoga Hospital to provide this staffing. Form 990, Part XI, Line 9 During 2015, HCP made equity distributions to Albany Medical Center Hospital and Saratoga Hospital, in amounts of $750,000 each, totaling $1,500,000.