2016-05-06T14:02:28-05:00 2015-06-30 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD 600 METAIRIE LA 700054958 990 2014-07-01 721304948 LOUISIANA STATE UNIVERSITY SCHOOL OF MED IN NEW ORLEANS FACULTY GROUP PRACTICE LOUI 5044121836 1542 TULANE AVE SUITE 123-HCN NEW ORLEANS LA 70112 CHRIS WINTERS CEO 5044121818 2016-04-27 1 JOHN S WILES CPA P01222673 5048355522 2014 2016-08-17 19:52:53Z LSU HEALTHCARE NETWORK CHRIS WINTERS 1542 TULANE AVE SUITE 123-HCN NEW ORLEANS LA 70112 118475621 0 X N/A X 1995 LA SEE STATEMENTPRIVATE, TAX-EXEMPT FACULTY GROUP PRACTICE THAT WAS ESTABLISHED TO SUPPORT THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL MISSIONS OF THE LSU HEALTH SCIENCES CENTER IN NEW ORELANS, PARTICULARLY AS THEY RELATE TO ITS SCHOOLS OF MEDICINE, ALLIED HEALTH PROFESSIONS, DENTISTRY, NURSING, AND PUBLIC HEALTH, IN THEIR CLINICAL PRACTICE FUNCTIONS. 15 11 217 0 0 0 167580 192893 113772611 118267423 -17959 15305 0 0 113922232 118475621 0 0 0 0 51646211 65515136 0 0 0 61036287 54382934 112682498 119898070 1239734 -1422449 41463980 38507735 15461834 14408422 26002146 24099313 THE PATIENT-CENTERED HEALTHCARE TEAM OF THE LSU HEALTHCARE NETWORK WILL PROVIDE THE HIGHEST QUALITY, COMPREHENSIVE MEDICAL CARE WITH COMPASSION AND PROFESSIONALISM, WHILE MAINTAINING OUR COMMITMENT TO ACADEMIC EXCELLENCE 0 0 110344553 118267423 ENHANCEMENT FUND PAYMENTS PAID TO THE LA STATE UNIVERSITY HEALTH SCIENCES CENTER HELPED SUSTAIN FACULTY TEACHING PROGRAMS, RESIDENT TRAINING, AND MEDICAL RESEARCH. THE FACULTY GROUP PRACTICE ALSO MANAGES COMMUNITY OUTREACH CLINICS SUCH AS THE NEW ORLEANS MUSICIAN'S CLINIC THAT PROVIDES DISCOUNTED CARE TO THE CITY'S MUSICIANS, BASED ON NEED. CLINICAL CARE TO THE COMMUNITY IS PROVIDED WITHOUT REGARD TO THE ABILITY TO PAY OR THE POSSESSION OF INSURANCE. DURING THE YEAR ENDED JUNE 30, 2015, CHARITY CHARGES ENTERED INTO THE BILLING SYSTEM AND ADJUSTED OFF TOTALED APPROXIMATELY $48.7 MILLION WHICH REPRESENTS 41% OF THE TOTAL GROSS CHARGES FOR THE FISCAL YEAR. 110344553 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 50 0 1 217 1 0 0 0 0 0 0 0 0 0 0 X 15 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X CHRIS WINTERS 5044121818 1542 TULANE AVE SUITE 123-HCN NEW ORLEANS LA 70112 STEVE PERRY COMMUNITY BOARD MEMBER 0.50 X 0 0 0 SAMUEL STAGG MD COMMUNITY BOARD MEMBER 0.50 X 0 0 0 MICHAEL G MANES COMMUNITY BOARD MEMBER 0.50 X 0 0 0 JIM LEONARD MD COMMUNITY BOARD MEMBER 0.50 X 0 0 0 JOHN J FINAN JR COMMUNITY BOARD MEMBER 0.50 X 0 0 0 E JOHANN BULTMAN COMMUNITY BOARD MEMBER 0.50 X 0 0 0 DANIEL NUSS MD BOARD MEMBER, CHAIR REPRES 0.50 X 0 606136 64363 STEVE NELSON MD PRESIDENT 0.50 X 0 642157 90775 ROBERT BATSON MD BOARD MEMBER, FACULTY REP 0.50 X 0 549768 69485 HENRY MILLER COMMUNITY BOARD MEMBER 0.50 X 0 0 0 CARROLL W SUGGS COMMUNITY BOARD MEMBER 0.50 X 0 0 0 SCOTT BALLARD BOARD MEMBER, LSU BOARD OF 0.50 X 0 0 0 DOREEN BRASSEAUX BOARD MEMBER, REP. OF THE 0.50 X 0 0 0 FRANK SMART MD BOARD MEMBER, CHAIR OF CAR 0.50 X 0 571889 57218 CHUCK SCHIBLER MD COMMUNITY BOARD MEMBER 0.50 X 0 0 0 SHARON RIVES CFO 40.00 X 138248 0 23698 BRIAN FATH COO 40.00 X 114007 0 2344 JUZAR ALI MD CMO 16.00 X 0 367724 46218 CATHI E FONTENOT MD CEO 25.00 X 0 308217 48620 252255 3045891 402721 2 0 1 0 ACS - ACADIANA COMPUTER SYSTEMS PO BOX 60670 LAFAYETTE LA 70596 BILLING 5054713 TOURO INFIRMARY 1401 FOUCHER STREET NEW ORLEANS LA 70015 RENT 1810183 COVENTRY HEALTHCARE OF LA INC PO BOX 51158 LOS ANGELES CA 90051 HEALTHCARE SERVICES 1055291 ALLSCRIPTS 24630 NETWORK PLACE CHICAGO IL 60673 ELECTRONIC MEDICAL RECORDS 727774 DIAGNOSTIC IMAGING SERVICES 4241 VETERANS SUITE 200 METAIRIE LA 70006 RADIOLOGY SERVICES 319539 18 192893 192893 PATIENT SERVICE REVENUE 621110 93868169 93868169 CAPITATION REVENUE 621110 24399254 24399254 118267423 14305 14305 1000 0 1000 1000 1000 118475621 118267423 0 15305 273701 238120 35581 63757308 55468858 8288450 259151 225461 33690 670936 583714 87222 554040 482015 72025 78895 68639 10256 5230221 5146413 83808 500453 435394 65059 86133 74936 11197 977454 850385 127069 397911 346183 51728 2821725 2454901 366824 9274 8068 1206 18792 16349 2443 828240 720569 107671 329652 286797 42855 MEDICAL CLAIMS EXPENSE 21964176 21964176 BAD DEBT EXPENSE 13878273 13878273 EXPENSES FROM UMGIPA 3810418 3810418 MEDICAL SUPPLIES 1663193 1663193 1788124 1621691 166433 119898070 110344553 9553517 0 22320427 15121987 13480691 12969237 70865 110436 636448 711525 5785160 4347231 2072735 1437929 2882814 8156621 41463980 38507735 3228945 3459706 12232889 10948716 15461834 14408422 X 26002146 24099313 26002146 24099313 41463980 38507735 -1422449 -68838 -411546 0 X X 0 1 X 1 0 X X 1 LSU HEALTH SCIENCES CENTER 726087770 6 1 57668818 0 1 57668818 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X SCHEDULE A, PART I, LINE 11, COLUMN V THE TOTAL AMOUNT OF MONETARY SUPPORT OF $57,668,818 IS FOR THE REIMBURSEMENT OF CLINICAL AND ADMINISTRATIVE SERVICES AND LEASED FACULTY EXPENSE PROVIDED BY LSU HEALTH SCIENCE CENTER TO LSU SCHOOL OF MEDICINE FACULTY GROUP. IT ALSO INCLUDES THE LSU SCHOOL OF MEDICINE FACULTY GROUP SUPPORT PAYMENT TO LSU HEALTH SCIENCE CENTER'S MEDICAL SCHOOL ENDOWMENT FUND. PART IV, SECTION A, LINE 2: THE SUPPORTED ORGANIZATION IS LOUISIANA STATE UNIVERSITY HEALTH SCIENCES CENTER WHICH IS A COMPONENT OF THE LOUISIANA STATE UNIVERSITY SYSTEM AND AS A RESULT IS NOT REQUIRED TO RECEIVE AN IRS DETERMINATION OF STATUS UNDER SECTION 509(A)(1) OR (2). THE UNIVERSITY SYSTEM IS CONSIDERED A GOVERNMENTAL ENTITY OF THE STATE OF LOUISIANA. PART IV, SECTION D, LINE 3: THE LSU SCHOOL OF MEDICINE IN NEW ORLEANS FACULTY GROUP PRACTICE (LSUHN) IS A SUPPORTING ORGANIZATION OF LSU HEALTH SCIENCES CENTER (LSUHSC). ITS PURPOSE IS TO PROVIDE MEDICAL, EDUCATIONAL, AND RESEARCH FUNCTIONS FOR LSUHSC. IF IT DID NOT ENGAGE IN THESE ACTIVITIES, LSUHSC WOULD HAVE TO PROVIDE THEM ITSELF. LSUHN'S FINANCE AND EXECUTIVE COMMITTEES ARE CONTROLLED BY LSUHSC AND THIS ENABLES LSUHSC TO HAVE A SIGNIFICANT VOICE IN THE OPERATIONS OF LSUHN. AS SUCH, THESE COMMITTEES CONTROL THE USE OF THE INCOME AND ASSETS OF LSUHN AND PAYMENTS MADE TO LSUHSC. IN ADDITION, THE FINANCE COMMITTEE SETS THE INVESTMENT POLICIES OF LSUHN. LSUHN IS CONSIDERED A BLENDED COMPONENT UNIT OF THE UNIVERSITY SYSTEM AND IS INCLUDED IN THE LOUISIANA STATE UNIVERSITY SYSTEM FINANCIAL STATEMENTS. THE COMPONENT UNIT IS INCLUDED IN THE REPORTING ENTITY BECAUSE OF THE SIGNIFICANCE OF ITS OPERATIONAL AND FINANCIAL RELATIONSHIPS WITH THE LSU SYSTEM AND THE LSUHSC. THIS BLENDING PROVIDES THE LSU SYSTEM AND LSUHSC WITH FULL KNOWLEDGE OF THE FINANCIAL MATTERS OF LSUHN. PART IV, SECTION E, LINE 1C: THE SUPPORTED ORGANIZATION IS THE LOUISIANA STATE UNIVERSITY HEALTH SCIENCES CENTER (LSUHSC), WHICH IS A COMPONENT OF THE LOUISIANA STATE UNIVERSITY SYSTEM, AND IS CONSIDERED A GOVERNMENTAL ENTITY OF THE STATE OF LOUISIANA. THE LSU SCHOOL OF MEDICINE IN NEW ORLEANS FACULTY GROUP PRACTICE (LSUHN) IS A PRIVATE ENTITY THAT SUPPORTS THIS GOVERNMENTAL ENTITY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 808275 607308 200967 4976885 3739923 1236962 1437929 LICENSE FEES AND INSTALLATION 453855 C DEPOSITS AND INVESTMENTS 7702766 C 8156621 DUE TO LSU MEDICAL CENTER 10948716 10948716 X 104528510 -68838 -68838 104597348 13878273 13878273 118475621 106019797 0 106019797 13878273 13878273 119898070 PART X, LINE 2: LSUHN FOLLOWS THE PROVISIONS OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES TOPIC OF THE FASB ASC, WHICH CLARIFIES THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSTIONS TAKEN, OR EXPECTED TO BE TAKEN, IN LSUHN'S INCOME TAX RETURNS. MANAGEMENT EVALUATED THE LSUHN'S TAX POSITIONS AND CONCLUDED THAT LSUHN HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. ALL TAX RETURNS HAVE BEEN APPROPRIATELY FILED BY LSUHN. LSUHN RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENFITS IN INCOME TAX EXPENSE. LSUHN FILES INCOME TAX RETURNS WITH FEDERAL AND STATE JURISDICTIONS. LSUHN'S OPEN AUDIT PERIODS ARE 2011-2014. PART XI, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 13,878,273. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 13,878,273. X X X 1 0 0 0 0 0 0 0 0 DANIEL NUSS MD BOARD MEMBER, CHAIR REPRES 0 606136 0 0 0 0 0 54829 0 9534 0 670499 0 0 STEVE NELSON MD PRESIDENT 0 642157 0 0 0 0 0 81182 0 9593 0 732932 0 0 ROBERT BATSON MD BOARD MEMBER, FACULTY REP 0 549768 0 0 0 0 0 60938 0 8547 0 619253 0 0 FRANK SMART MD BOARD MEMBER, CHAIR OF CAR 0 571889 0 0 0 0 0 47625 0 9593 0 629107 0 0 SHARON RIVES CFO 138248 0 0 0 0 0 21000 0 2698 0 161946 0 0 0 JUZAR ALI MD CMO 0 367724 0 0 0 0 0 37917 0 8301 0 413942 0 0 CATHI E FONTENOT MD CEO 0 308217 0 0 0 0 0 39351 0 9269 0 356837 0 0 PART I, LINE 4A BRIAN FATH AND SHARON RIVES RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $9,247.72 AND $13,286.52 RESPECTIVLY. FORM 990, PART I LOUISIANA STATE UNIVERSITY SCHOOL OF MEDICINE IN NEW ORLEANS FACULTY GROUP PRACTICE, DBA LSU HEALTH NETWORK (LSUHN), ASSISTS THE LSU HEALTH SCIENCES CETNER (LSUHSC) IN CARRYING OUT ITS MEDICAL, EDUCATIONAL, AND RESEARCH FUNCTIONS. LSUHN HELPS LSUHSC ATTAIN ITS MISSION AND GOALS AS THEY RELATED TO THE LSUHSC-NO SCHOOLS OF MEDICINE, ALLIED HEALTH PROFESSIONS, DENTISTRY, NURSING AND PUBLIC HEALTH (COLLECTIVELY, THE HEALTH PROFESSIONAL SCHOOLS) IN THEIR CLINICAL PRACTICES. LSUHN PROVIDES HEALTH CARE TO THE GENERAL PUBLIC INCLUDING, BUT NOT LIMITED TO, THE DELIVERY OF PHYSICIAN MEDICAL SERVICES AND OTHER HEALTH CARE SERVICES TO INDIVIDUALS. LSUHN'S ACTIVITIES INCLUDE SERVICES PROVIDED IN BOTH THE PUBLIC HOSPITALS AND THE PRIVATE CLINICS BY LSUHSC. LSUHN CONTINUES TO PROVIDE CARE TO PATIENTS FORMERLY SEEN IN THE PUBLIC HOSPITAL SYSTEM IN NEW ORLEANS, BATON ROUGE, AND LAFAYETTE, WITHOUT REGARD TO THEIR ABILITY TO PAY FOR THOSE SERVICES. LSUHN RECEIVES COMPENSATION FOR THESE SERVICES FROM THE MEDICARE AND MEDICAID PROGRAMS, CERTAIN COMMERCIAL INSURANCE CARRIERS, HEALTH MAINTENANCE ORGANIZATIONS, PREFERRED PROVIDER ORGANIZATIONS AND DIRECTLY FROM PATIENTS. HOWEVER, DURING THE YEAR ENDED JUNE 30, 2015, CHARITY CHARGES ENTERED INTO THE BILLING SYSTEM AND ADJUSTED OFF TOTALED OVER $48.7 MILLION. FORM 990, PART VI, SECTION B, LINE 11 UPON COMPLETION OF THE FINAL DRAFT OF FORM 990, A COPY OF THE DRAFT IS SENT TO MEMBERS OF THE EXECUTIVE/FINANCE COMMITTEE. THE COMBINED COMMITTEE IS THEN CONVENED WITH REPRESENTATIVES OF THE OUTSIDE CPA FIRM TO DISCUSS THE FORM. AFTER ACCEPTANCE BY THE COMMITTEE, THE FORM IS THEN REVIEWED BY THE BOARD OF DIRECTORS. WHEN THIS REVIEW IS COMPLETE, THE FORM IS FILED WITH THE APPLICABLE AGENCIES. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ANNUALLY REQUIRES ALL EMPLOYEES AND TRUSTEES TO DISCLOSE ANY POTENTIAL PERSONAL OR BUSINESS ASSOCIATIONS WHICH COULD BE PERCEIVED AS A CONFLICT OF INTEREST. ALL TRUSTEES ARE REQUIRED, AT A MINIMUM, TO DISCLOSE ANY POTENTIAL PERSONAL OR BUSINESS ASSOCIATION WHICH MAY BE A CONFLICT OF INTEREST ON FORMS PROVIDED TO THEM. EMPLOYEES ARE REQUIRED TO DISCLOSE SUCH CONFLICTS WHEN HIRED AND ARE AN ON-GOING REQUIREMENT OF EMPLOYMENT. NEW TRUSTEES AND EMPLOYEES ARE ALSO REQUIRED TO ATTEND AN ORIENTATION WHERE THIS SPECIFIC TOPIC IS DICUSSED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF THE ORGANIZATION DOES NOT DETERMINE OR APPROVE THE SALARIES FOR THE RELATED ORGANIZATION EMPLOYEES THAT PARTICIPATE ON THE ORGANIZATION'S BOARD. THE ORGANIZATION IS ALLOCATED A PORTION OF THE CEO AND THE MEDICAL DIRECTOR SALARIES FROM THE RELATED ORGANIZATION FOR THEIR TIME ATTRIBUTED TO THEIR ROLE AT THE ORGANIZATION. SENIOR MANAGEMENT COMPENSATION IS COMPARED TO SURVEYS FOR SIMILAR ORGANIZATIONS IN OUR REGION AND APPROVED BY THE PRESIDENT AND CEO AND REPORTED TO THE EXECUTIVE/FINANCE COMMITTEE AND BOARD. THE EXECUTIVE/FINANCE COMMITTEE AND THE BOARD ARE ALSO NOTIFIED OF CHANGES IN KEY POSITIONS AT THE ORGANIZATION AND THIS IS DOCUMENTED AT ITS MEETINGS IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES THIS FORM AS WELL AS VARIOUS POLICIES TO THE THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART VI, LINE 16 LSUHN HAS AN OWNERSHIP INTEREST IN AND A CONTRACT WITH A FOR PROFIT ENTITY AS PART OF ITS CHARITABLE MISSION. LSUHN SUBMITTED A REQUEST FOR A PRIVATE LETTER RULING AND THE IRS CONCLUDED THAT THIS ARRANGEMENT WOULD HAVE NO EFFECT ON ITS TAX EXEMPT STATUS AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). IN ADDITION, THE IRS CONCLUDED THAT THE INCOME EARNED WOULD BE SUBJECT TO UNRELATED BUSINESS TAX, WHICH HAS BEEN REPORTED ON FORM 990-T. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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