nonprofit logo

Baystate Medical Practices Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042888373 ✦ Springfield, MA ✦ Designated as a 501(c)(3)

Overview

What is Baystate Medical Practices Inc?

Baystate Medical Practices Inc, a Massachusetts-based nonprofit organization with 2236 employees, is dedicated to enhancing community health through physician services, medical education, and research programs. Their mission is to provide quality and compassionate care to individuals, regardless of their ability to pay. This includes offering charity care and reduced rates based on financial capability. Beyond patient care, Baystate Medical Practices' physicians engage in various community outreach initiatives, such as school-based health clinics, professional development courses, and school-to-work programs. The organization focuses on improving the health of disadvantaged communities, with a specific emphasis on AIDS and HIV, and provides staffing for community-based health centers. Baystate Medical Practices aims to be the multispecialty group practice of choice, known for exceptional service, quality, value, and academic leadership.


Official website here: www.baystatehealth.org

Is Baystate Medical Practices Inc legitimate?

Baystate Medical Practices Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baystate Medical Practices Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $10,865,216
Professional Fundraising Fees: $0
Other Salaries and Wages: $291,766,436

For more financial information, click here


Official website here: www.baystatehealth.org

What is the mission statement of Baystate Medical Practices Inc?

Baystate Medical Practices Inc is dedicated to enhancing the health of communities with compassion and quality. Their mission is to be the multi-specialty group practice of choice, renowned for exceptional service, quality, value, and academic leadership. The organization offers physician services, medical education, and research programs to individuals in need of medical care, regardless of their ability to pay. Depending on the patient's financial capabilities, Baystate Medical Practices may provide care free of charge or at reduced rates. In addition to charity care, their physicians engage in various community outreach initiatives, focusing on education, employment, safety, and health. For instance, the pediatric department collaborates with schools to enhance health education programs, provide professional development courses, and establish a school-to-work program. Baystate Medical Practices also takes a leading role in strengthening the health of disadvantaged citizens by providing physician staffing for community-based health centers and addressing specific health concerns, such as AIDS and HIV.


Official website here: www.baystatehealth.org

Who is the CEO of Baystate Medical Practices Inc?

Raymond Mccarthy is the Director of Baystate Medical Practices Inc.


Official website here: www.baystatehealth.org

What is the revenue of Baystate Medical Practices Inc?

Baystate Medical Practices Inc's revenue in 2022 was $409,706,387.


Official website here: www.baystatehealth.org

Who are the executives of Baystate Medical Practices Inc and what are their salaries?

The average compensation at Baystate Medical Practices Inc during 2022 was $135,345. There are 2,236 employees and 1 volunteers at Baystate Medical Practices Inc.

Here are 30 key members and their salaries:

    Dennis Oh Md (Chief Div Of Neurosurgery)
  • Compensation: $2,426,422
  • Related: $0
  • Other: $57,559

    • Marion Mcgowan (Director)
  • Compensation: $1,417,231
  • Related: $0
  • Other: $228,343

    • Andrew Artenstein Md (President) [Trustee/Director]
  • Compensation: $1,104,510
  • Related: $0
  • Other: $37,319

    • Thomas A Schwann Md (Chief Cardiac Surgery)
  • Compensation: $1,039,768
  • Related: $0
  • Other: $85,974

    • Raymond Mccarthy (Treasurer/Director)
  • Compensation: $1,045,794
  • Related: $0
  • Other: $26,405

    • Nicolas Jabbour Md (Director)
  • Compensation: $997,626
  • Related: $0
  • Other: $52,831

    • Robert Schapiro Md (Neurosurgeon)
  • Compensation: $883,699
  • Related: $0
  • Other: $47,686

    • Aaron Kugelmass Md (Director)
  • Compensation: $849,817
  • Related: $0
  • Other: $56,271

    • Richard J Hicks Md (Chair Radiology)
  • Compensation: $846,386
  • Related: $0
  • Other: $43,151

    • Kamal Kalia Md (Neurosurgeon)
  • Compensation: $810,103
  • Related: $0
  • Other: $51,662

    • Abraham Thomas Md (Director)
  • Compensation: $719,203
  • Related: $0
  • Other: $66,063

    • Heather Sankey Md (Director)
  • Compensation: $684,082
  • Related: $0
  • Other: $65,631

    • Venkatro Medarametla Md (Director)
  • Compensation: $666,501
  • Related: $0
  • Other: $45,169

    • Niels Rathlev Md (Director)
  • Compensation: $652,232
  • Related: $0
  • Other: $52,084

    • Charlotte Boney Md (Director)
  • Compensation: $610,132
  • Related: $0
  • Other: $38,859

    • Ronald P Bryant (Director/President Bnh & Bfmc)
  • Compensation: $600,324
  • Related: $0
  • Other: $41,869

    • Kevin Hinchey Md (Ex-Offico Director/ Cao)
  • Compensation: $539,940
  • Related: $0
  • Other: $73,769

    • Ashraf Khan Md (Director)
  • Compensation: $567,119
  • Related: $0
  • Other: $45,295

    • Barry Sarvet Md (Director)
  • Compensation: $547,782
  • Related: $0
  • Other: $60,116

    • Betty K Larue (Coo)
  • Compensation: $535,565
  • Related: $0
  • Other: $63,913

    • Edward Feldman Md (Director)
  • Compensation: $527,067
  • Related: $0
  • Other: $40,060

    • Wilson Mertens Md (Director (Thru 4/6/22))
  • Compensation: $521,238
  • Related: $0
  • Other: $44,980

    • Elizabeth Boyle Md (Director)
  • Compensation: $454,508
  • Related: $0
  • Other: $65,674

    • Sundeep M Shukla Md (Director)
  • Compensation: $446,344
  • Related: $0
  • Other: $48,304

    • Angela Martagon Villamil Md (Director (Thru 6/10/22))
  • Compensation: $402,094
  • Related: $0
  • Other: $25,043

    • Benjamin Freda Do (Director)
  • Compensation: $317,368
  • Related: $0
  • Other: $41,880

    • Scott Barnett Md (Director)
  • Compensation: $272,572
  • Related: $0
  • Other: $55,446

    • Paula Brooks Dnp (Director)
  • Compensation: $177,727
  • Related: $0
  • Other: $34,388

    • Kristin R Delaney (Clerk)
  • Compensation: $168,920
  • Related: $0
  • Other: $42,432

    • Kathleen B Scoble (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.baystatehealth.org

    Where can I find the form 990 for Baystate Medical Practices Inc?

    The Baystate Medical Practices Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.baystatehealth.org

    Learn more at the official website: www.baystatehealth.org

    Mission Statement of Baystate Medical Practices Inc

    Baystate Medical Practices Inc, a leading multi-specialty group practice, is dedicated to enhancing the health and well-being of individuals in their communities with unwavering quality and compassion. The organization's ultimate objective is to be the choice of patients seeking exceptional service, quality, value, and academic leadership.

    In practice, Baystate Medical Practices provides physician services, medical education, and research programs to people, irrespective of their financial capabilities. The practice offers care to those in need, regardless of their ability to pay, making healthcare accessible to all. Depending on the patient's financial situation, the practice may provide care free of charge or at reduced rates. Although the charity care provided is not reported as revenue, Baystate Medical Practices' physicians contribute significantly to community outreach initiatives.

    Baystate Medical Practices' physicians participate in a multitude of ongoing community programs, focusing on areas such as education, employment, safety, and health. For instance, pediatricians in collaboration with the Springfield School Department manage six school-based clinics, which bolster school health education programs, offer professional development courses for teachers, and establish a school-to-work program. Furthermore, Baystate Medical Practices has assumed a leadership position in fortifying the health of disadvantaged citizens by concentrating on health issues such as AIDS and HIV. To extend their reach, they provide physician staffing for three community-based health centers via Baystate Medical Center.

    Impact

    This information is meant to be a general summary of Baystate Medical Practices Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Baystate Medical Practices Inc has a significant impact on the health and well-being of the people in their communities. They provide physician services, medical education, and research programs to individuals, regardless of their ability to pay for care. By offering charity care and lowering charges for those in need, Baystate Medical Practices ensures that patients receive the medical attention they require, contributing to improved health outcomes in the community.

    Furthermore, Baystate Medical Practices actively engages in community outreach initiatives aimed at enhancing education, employment, safety, and health. For example, their collaboration with the Springfield School Department to operate school-based clinics and provide health education programs demonstrates their commitment to promoting wellness among the youth. Additionally, their involvement in addressing AIDS, HIV, and other health disparities in disadvantaged populations underscores their dedication to serving vulnerable communities.

    Through their holistic approach to healthcare and community involvement, Baystate Medical Practices Inc plays a vital role in improving the health and quality of life for individuals in Springfield and surrounding areas.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-58,084
  • Program Service Revenue: $403,567,371
  • Gross Receipts: $409,876,278

    • Assets and Liabilities:
  • Total Assets: $65,911,204
  • Total Liabilities: $114,095,639
  • Net Assets: -$48,184,435
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PHYSICIAN PRACTICE FEE

    Revenue

    $192,792,254

    HOSPITAL REIMB PROGRAM

    Revenue

    $113,629,602

    PRACTICE LEASE AGRMNTS

    Revenue

    $65,006,662

    AFF. CONTRACT SERVICES

    Revenue

    $8,855,694

    FUNDING-STRTGIC GROWTH

    Revenue

    $7,918,001

    Organization Details

    Founding Year

    1985

    Principal Officer

    Raymond Mccarthy

    Main Address

    759 CHESTNUT STREET, SPRINGFIELD, MA, 01199

    NTEE Category

    Code: E31 - Health

    If you are a representative of Baystate Medical Practices Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.