Tower Health Medical Group

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

EIN: 232266054 ✦ Reading, PA ✦ Designated as a 501(c)(3)

Overview

What is Tower Health Medical Group?

Tower Health Medical Group is a leading physician-directed multispecialty healthcare organization based in Reading, Pennsylvania. With 61 locations across Berks, Chester, Montgomery, and Philadelphia counties, they comprise a team of internal medicine and family practice physicians, physician assistants, and nurse practitioners. During FY 2022, Tower Health Medical Group provided care to over 401,000 patients of all ages, focusing on wellness and disease management. They accept both Medicare and Medicaid patients. The mission of Tower Health Medical Group is to manage population health and promote wellness in collaboration with Tower Health, delivering high-quality, compassionate, accessible, and valuable healthcare services. Their commitment extends to clinical research and educating healthcare professionals and their communities.


Official website here: www.towerhealth.org/thmg

Is Tower Health Medical Group legitimate?

Tower Health Medical Group is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tower Health Medical Group 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: $1,120,651
Professional Fundraising Fees: $0
Other Salaries and Wages: $280,979,202

For more financial information, click here


Official website here: www.towerhealth.org/thmg

What is the mission statement of Tower Health Medical Group?

Tower Health Medical Group is a leading multispecialty group of healthcare professionals, working in collaboration with Tower Health to manage population health and promote wellness. They are committed to delivering high-quality, compassionate healthcare that is accessible to all. The mission of Tower Health Medical Group goes beyond just providing healthcare services; they are actively engaged in clinical research and the education of healthcare professionals and communities. Their goal is to offer healthcare that is of the highest value, while maintaining a strong focus on population health management and wellness initiatives.


Official website here: www.towerhealth.org/thmg

Who is the CEO of Tower Health Medical Group?

P Sue Perrotty is the Pres & Ceo T of Tower Health Medical Group. The CEO's salary of Tower Health Medical Group is $0 and their total compensation is $662,500.


Official website here: www.towerhealth.org/thmg

What is the revenue of Tower Health Medical Group?

Tower Health Medical Group's revenue in 2022 was $233,011,515.


Official website here: www.towerhealth.org/thmg

Who are the executives of Tower Health Medical Group and what are their salaries?

The average compensation at Tower Health Medical Group during 2022 was $151,017. There are 1,868 employees and 11 volunteers at Tower Health Medical Group.

Here are 25 key members and their salaries (Tower Health Medical Group's CEO's salary is $0 and their total compensation is $662,500):

    Clint Matthews (Pres & Ceo T)
  • Compensation: $0
  • Related: $2,418,853
  • Other: $102,792

    • Thomas G Psarros Md (Physician)
  • Compensation: $1,629,514
  • Related: $0
  • Other: $30,254

    • John A Braca Iii Md (Physician)
  • Compensation: $1,093,693
  • Related: $0
  • Other: $29,163

    • Shahin Manoochehri Md (Physician)
  • Compensation: $1,090,549
  • Related: $0
  • Other: $15,146

    • Gary F Conner (Treas. Term)
  • Compensation: $0
  • Related: $1,026,036
  • Other: $18,615

    • Brandon Root Md (Physician)
  • Compensation: $997,532
  • Related: $0
  • Other: $6,156

    • Herman C Lawson Md (Physician)
  • Compensation: $916,943
  • Related: $0
  • Other: $6,156

    • Suzanne Wenderoth Md (Evp/Ceo Phys)
  • Compensation: $241,164
  • Related: $483,319
  • Other: $177,354

    • P Sue Perrotty (Pres/Ceo 3/2)
  • Compensation: $0
  • Related: $662,500
  • Other: $0

    • Robert Ehinger (Treasurer 9/)
  • Compensation: $0
  • Related: $497,895
  • Other: $86,225

    • Theresa Fink (Svp Coo)
  • Compensation: $485,819
  • Related: $0
  • Other: $98,119

    • Kristin Kearney (Svp Cfo)
  • Compensation: $386,109
  • Related: $0
  • Other: $67,986

    • Sean O'Connell (Treas Term 8) [Trustee/Director]
  • Compensation: $0
  • Related: $420,987
  • Other: $4,684

    • Tracy Druckenmiller (Secretary)
  • Compensation: $0
  • Related: $115,787
  • Other: $19,801

    • Barbara Arner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theodore Auman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Boscov (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angel Helm (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Kraras (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent Wagner Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Molinaro (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meg Muller (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Rightmire (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William P Thornton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C Thomas Work (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.towerhealth.org/thmg

    Where can I find the form 990 for Tower Health Medical Group?

    The Tower Health Medical Group’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.towerhealth.org/thmg

    Learn more at the official website: www.towerhealth.org/thmg

    Mission Statement of Tower Health Medical Group

    Tower Health Medical Group, the region's premier physician-directed multispecialty group of healthcare professionals, is dedicated to managing population health, promoting wellness, and delivering high-quality, compassionate, and valuable healthcare. This esteemed organization, comprised of exceptional healthcare experts, collaborates closely with Tower Health to ensure the well-being of their communities.

    With a focus on population health, Tower Health Medical Group addresses the needs of the collective population, striving to provide readily accessible healthcare services. They are committed to delivering healthcare that encompasses the highest standards of quality and value. In addition to their clinical capabilities, they engage in clinical research and the education of healthcare professionals and their communities, further solidifying their position as a leader in their field.

    Tower Health Medical Group's mission goes beyond the confines of traditional healthcare service delivery. Their team of healthcare professionals not only participates in managing population health and promoting wellness but also delivers care with a compassionate touch. They are devoted to enhancing the health and well-being of their patients through their expertise and dedication. By engaging in research and education, they contribute to the ongoing advancements in healthcare and the development of the future healthcare workforce.

    Impact

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




    Thursday, August 15, 2024

    Tower Health Medical Group's impact is substantial on the region's healthcare landscape. Through its network of primary care physicians, physician assistants, and nurse practitioners spread across 61 locations in Berks, Chester, Montgomery, and Philadelphia counties, Tower Health Medical Group provided care through over 401,000 patient visits during fiscal year 2022. This care is focused on wellness, disease management, and ensuring accessibility to healthcare for patients of all ages. By participating in managing population health, promoting wellness, and delivering high-quality and compassionate healthcare, Tower Health Medical Group plays a vital role in improving the overall health outcomes of the community it serves.





    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: $297,601
  • Program Service Revenue: $225,568,340
  • Gross Receipts: $233,234,117

    • Assets and Liabilities:
  • Total Assets: $76,584,160
  • Total Liabilities: $109,722,612
  • Net Assets: -$33,138,452
  • Programs

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

    NET PATIENT REVENUE

    Revenue

    $223,670,758

    CAPITATION REVENUE

    Revenue

    $1,897,582

    Organization Details

    Founding Year

    1983

    Principal Officer

    P Sue Perrotty

    Main Address

    PO BOX 16052, READING, PA, 196126052

    NTEE Category

    Code: E31 - Health

    If you are a representative of Tower Health Medical Group 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.