2013-05-15T15:36:40-05:00 2012-06-30 721088864 LAPORTE APAC 111 VETERANS MEMORIAL BLVD SUITE 60 METAIRIE LA 700054958 990 2011-07-01 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 SHARON RIVES 5044121818 2013-05-15 1 TERRI A TROYER CPA P00227651 5048355522 2011 2016-02-25 16:41:14Z SHARON RIVES 1542 TULANE AVE SUITE 123-HCN NEW ORLEANS LA 70112 95895172 0 X N/A X 1995 LA SEE STATEMENTFACULTY GROUP PRACTICE IS ESTABLISHED TO PROMOTE THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL MISSIONS OF THE LSU MEDICAL CENTER IN NEW ORLEANS. THE FACULTY GROUP PRACTICE CONSISTS OF THE FACULTY OF THE CLINICAL DEPARTMENTS OF THE LSU SCHOOL OF MEDICINE WHOSE ACTIVITIES ARE CONDUCTED IN ASSOCIATION WITH THE HEALTHCARE INSTITUTIONS OWNED OR AFFILIATED WITH THE LSU MEDICAL CENTER. 15 15 189 23 0 0 20904 70825 75911427 95810595 16272 -21628 0 0 75948603 95859792 0 0 0 0 25431549 36854598 0 0 0 45231225 53289026 70662774 90143624 5285829 5716168 28080848 32613496 11316172 10132652 16764676 22480844 TO PROVIDE HEALTH CARE TO THE GENERAL PUBLIC AND ASSIST THE LSU HEALTH SCIENCE CENTER AND IN PARTICULAR THE LSU MEDICAL SCHOOL IN NEW ORLEANS IN CARRYING ON ITS MEDICAL, EDUCATIONAL, & RESEARCH FUNCTIONS. 0 0 85818391 95810595 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, 2012, CHARITY CHARGES ENTERED INTO THE BILLING SYSTEM AND ADJUSTED OFF TOTALED OVER $35.4 MILLION WHICH REPRESENTS 19% OF THE TOTAL GROSS CHARGES FOR THE FISCAL YEAR. 85818391 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 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 0 1 36 0 1 189 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DR CATHI FONTENOT 5044121818 1542 TULANE AVE SUITE 123-HCN NEW ORLEANS LA 70112 STEVE PERRY 1.00 X 0 0 0 SAMUEL STAGG MD 1.00 X 0 0 0 MICHAEL G MANES 1.00 X 0 0 0 JIM LEONARD MD 1.00 X 0 0 0 JOHN J FINAN JR MD 1.00 X 0 0 0 E JOHANN BULTMAN 1.00 X 0 0 0 DANIEL NUSS MD 1.00 X 0 568706 0 STEVE NELSON MD 1.00 X X 0 553972 0 KEITH MELANCON MD 1.00 X 0 193326 0 ROBERT BATSON MD 1.00 X 0 0 0 DR WILLIAM JENKINS 1.00 X 0 510118 0 HENRY MILLER 1.00 X 0 0 0 CARROLL W SUGGS 1.00 X 0 0 0 CHUCK SCHIBBLER MD 1.00 X 0 0 0 AMY YOUNG MD 1.00 X 0 0 0 SHARON RIVES 50.00 X 103931 0 2470 CATHI FONTENOT MD 50.00 X 0 267104 0 103931 2093226 2470 1 0 1 0 ACADIANA COMPUTER SYSTEM PO BOX 60670 LAFAYETTE LA 70596 BILLING SERVICES 2957461 ALLSCRIPTS LLC 24630 NETWORK PLACE CHICAGO IL 60673 EHR LICENSING FEES 412422 TEK SYSTEMS PO BOX 198568 ATLANTA GA 30384 IT SERVICES 170815 DIANGONSTIC IMAGING SERVICES PO BOX 2121 MEMPHIS TN 38159 DIAGNOSTIC IMAGING SERVICE 138502 MEDLINKS TRANSCRIPTION PO BOX 4124 MARYLAND TN 37802 DOCUMENT MANAGEMENT 112733 6 70825 70825 PATIENT SERVICE REVENU 621110 67926457 67926457 CAPITATION REVENUE 621110 26441317 26441317 INCOME FROM UMG 621110 1442821 1442821 95810595 13752 13752 35380 -35380 -35380 -35380 95859792 95810595 0 -21628 371036 333932 37104 35275822 31748240 3527582 726623 653961 72662 481117 433005 48112 45932 41339 4593 3125995 3099301 26694 583491 525142 58349 129223 116301 12922 931248 838123 93125 251042 225938 25104 2135197 1921677 213520 23532 21179 2353 9328 8395 933 1023514 921163 102351 -332712 -299441 -33271 MEDICAL CLAIMS EXPENSE 22232747 22232747 BAD DEBT EXPENSE 11139359 11139359 PAYMENT TO LSUHSC - MED 5541828 5541828 EXPENSES FROM UMGIPA 3707784 3707784 2741518 2608418 133100 90143624 85818391 4325233 0 11537770 15153747 11925324 11307192 261992 506931 4780030 1927945 1124845 2852085 3230917 2793541 28080848 32613496 3317948 2591413 189476 7808748 7541239 11316172 10132652 X 16764676 22480844 16764676 22480844 28080848 32613496 5716168 0 X X 0 1 1 X 0 X X X 0 0 0 LSU HEALTH SCIENCES CENTER 726087770 2 1 1 1 35466512 1 35466512 SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A PART I LINE 11 COLUMN VII - THE TOTAL AMOUNT OF MONETARY SUPPORT OF $35,466,512 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 773940 312205 461735 4006090 1615740 2390350 2852085 LICENSE FEES AND INSTALLATION 37350 C DEPOSITS AND INVESTMENTS 2756191 C 2793541 DUE TO LSU MEDICAL CENTER 7541239 7541239 95859792 90143624 5716168 5716168 84720433 0 84720433 11139359 11139359 95859792 79004265 0 79004265 11139359 11139359 90143624 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN LSUHN'S INCOME TAX RETURNS. AS A RESULT OF THIS ADOPTION,THE LSUHN BELIEVES THERE WAS NO IMPACT TO THE FINANCIAL STATEMENTS. ALL TAX RETURNS HAVE BEEN APPROPRIATELY FILED BY LSUHN. LSUHN RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. LSUHN FILES INCOME TAX RETURNS WITH FEDERAL AND STATE JURISDICTIONS. LSUHN'S OPEN AUDIT PERIODS ARE 2009 - 2012. 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. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE - $11,139,359 PART XIII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE - $11,139,359 X X X 0 0 0 0 0 0 0 0 0 DANIEL NUSS MD 0 568706 0 0 0 0 0 0 0 0 0 568706 0 0 STEVE NELSON MD 0 553972 0 0 0 0 0 0 0 0 0 553972 0 0 KEITH MELANCON MD 0 193326 0 0 0 0 0 0 0 0 0 193326 0 0 DR WILLIAM JENKINS 0 510118 0 0 0 0 0 0 0 0 0 510118 0 0 CATHI FONTENOT MD 0 267104 0 0 0 0 0 0 0 0 0 267104 0 0 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 EXECUTIVE COMMITTEE OF THE BOARD MEETS ANNUALLY TO REVIEW THE COMPENSATION OF THE PRESIDENT AND CEO AS WELL AS SENIOR MANAGEMENT OF THE FOUNDATION. THE REVIEW CONISTS OF COMPARISONS TO OTHER NON PROFITS IN THE AREA, REVIEW OF ANNUAL COMPENSATION SURVEYS, AND A REVIEW OF OVERALL MARKETS TRENDS IN THE INDUSTRY. THIS INFORMATION IS PRESENTED TO THE COMBINED EXECUTIVE/FINANCE COMMITTEE AND FINALLY, THE BOARD OF DIRECTORS. THIS REVIEW IS DOCUMENTED IN THE WRITTEN MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROIVDES THIS FORM AS WELL AS VARIOUS POLICIES TO THE THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. UNIVERSITY TECHNOLOGY GROUP LLC 1542 TULANE AVE SUITE 123-HCN NEW ORLEANS LA 70112 721436427 INACTIVE ENTITY LA LSU SCHOOL OF MEDICINE IN NEW ORLEANS FACULTY GROUP PRACTICE UNIVERSITY MEDICAL GROUP LLC 1542 TULANE AVE SUITE 123-HCN NEW ORLEANS LA 70112 721424889 PHYSICIAN HEALTH CARE SERVICES LA 1943667 9762322 LSU SCHOOL OF MEDICINE IN NEW ORLEANS FACULTY GROUP PRACTICE LSUHN SURGERY CENTER LLC 1542 TULANE AVE SUITE 123-HCN NEW ORLEANS LA 70112 861063284 INACTIVE ENTITY LA LSU SCHOOL OF MEDICINE IN NEW ORLEANS FACULTY GROUP PRACTICE LSUHN BILLING LLC 1542 TULANE AVE SUITE 123-HCN NEW ORLEANS LA 70112 261531455 BILLING COMPANY LA 12935795 0 LSU SCHOOL OF MEDICINE IN NEW ORLEANS FACULTY GROUP PRACTICE LSUHN VASCULAR LAB LLC 1542 TULANE AVE SUITE 123-HCN NEW ORLEANS LA 70112 271244610 VASCULAR LABORATORY LA LSU SCHOOL OF MEDICINE IN NEW ORLEANS FACULTY GROUP PRACTICE LSU HEALTH SCIENCES CENTER 433 BOLIVAR STREET 401C NEW ORLEANS LA 70112 726087770 HEALTHCARE LA 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0